Sold for $320,000

$320,000

1050 NW 116th Ter, Miami, FL 33168

2beds

701sqft

Single Family Residence

Built in 1951

6,406 Square Feet Lot

$375,900 Zestimate^®

$456/sqft

$2,561 Estimated rent

Home value

$375,900

$353,000 - $398,000

$2,561/mo

Zestimate^® history

Owner options

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$2,561/mo

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$2,561/mo

Rent Zestimate^®

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$2,204/mo

Est. payment

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$2,204/mo

Est. payment

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What's special

Investor special with lots of potential, needs some TLC. A 2/1 with an extra den and plenty of room to expand. Property is larger than tax roll.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Den/Library/Office

Heating

Electric, Window/Wall

Cooling

Electric, Wall/Window Unit(s)

Appliances

Included: Dryer, Electric Water Heater, Other, Electric Range, Refrigerator, Washer

Features

Flooring: Tile

Interior area

Total structure area: 792
Total interior livable area: 701 sqft

Property

Parking

Parking features: Circular Driveway
Has uncovered spaces: Yes

Features

Stories: 1
Entry location: First Floor Entry
Exterior features: Other
Pool features: R30-No Pool/No Water
Has view: Yes
View description: None

Lot

Size: 6,406 Square Feet
Features: Less Than 1/4 Acre Lot

Details

Parcel number: 3021350160430
Zoning: 0100
Other equipment: Other

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Concrete Block Construction, CBS Construction
Roof: Flat Roof With Facade Front

Condition

New Construction
New construction: Yes
Year built: 1951

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Features: None, No Subdiv/Park Info
Subdivision: Gratigny Plateau Rev

HOA

Has HOA: No

Location

Region: Miami

Financial & listing details

Price per square foot: $456/sqft
Tax assessed value: $258,211
Annual tax amount: $3,799
Date on market: 3/26/2024
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
5/24/2024	Sold	$320,000-2.7%$456/sqft
Source: MIAMI #A11557424 Report a problem
5/10/2024	Contingent	$329,000$469/sqft
Source: MIAMI #A11557424 Report a problem
3/26/2024	Listed for sale	$329,000+363.4%$469/sqft
Source: MIAMI #A11557424 Report a problem
2/13/2002	Sold	$71,000+44.9%$101/sqft
Source: Public Record Report a problem
2/9/1995	Sold	$49,000$70/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,104 +19.1%	$258,211 +39.6%
2024	$4,285 +12.8%	$184,905 +10%
2023	$3,799 +14.1%	$168,096 +10%
2022	$3,329 +12.3%	$152,815 +10%
2021	$2,964 +7.9%	$138,923 +10%
2020	$2,747 +225.4%	$126,294 +190.5%
2019	$844 +5.3%	$43,475 +1.9%
2018	$802	$42,665 +2.1%
2017	$802 +1%	$41,788 +2.1%
2016	$794 +5.5%	$40,929 +0.7%
2015	$753 -0.6%	$40,645 +0.8%
2014	$757 -20.1%	$40,323 +1.5%
2013	$948	$39,728 -23.9%
2012	$948 -8.5%	$52,238 -15.1%
2011	$1,036 -10.4%	$61,508 -14.1%
2010	$1,156 +2.9%	$71,587 -1.9%
2009	$1,123 -14.9%	$72,976 +59.4%
2007	$1,319 -0.4%	$45,781
2006	$1,324	--
2005	$1,324 +3%	--
2004	$1,286 -10.6%	--
2003	$1,438 +14.4%	--
2002	$1,258	--
2001	$1,258	--