$1,582,000
SOLD OCT 24, 2024

3231 SW 16th Terrace Miami, FL 33145

Coral Way Neighborhood
3 Beds
2.5 Baths
1,850 Sq Ft
0.28 Acres

Recently Sold

$855 Per Sq Ft

7% Below List Price

64 Days on Market

Highlights

  • Heated In Ground Pool
  • No HOA
  • 2 Car Attached Garage
  • Coral Gables Preparatory Academy Rated A-
  • Porch
  • Eat-In Kitchen

About This Home

As of October 2024

This impeccably designed 2015 home in Coral Gate is just steps from Coral Gables and top dining spots. It features a welcoming foyer, a spacious living area, a custom wood kitchen with stainless steel appliances, and a breakfast bar. The master suite offers en-suite comfort with his and her California closets.
The floor plan extends to a family room that opens onto the terrace, a tropical oasis awaits with a brand-new saltwater heated pool, surrounded by a private and lush garden. Highlights include 10-foot ceilings, hurricane-impact windows and doors, a 1,000-gallon propane tank, a generator (2020), a security system, a 2-car garage, and a Chicago brick driveway. Solar panels have also been installed to reduce electricity costs. With four entrances, this Coral Gate gem is a must-see!

Last Agent to Sell the Property

Cynthia Lamaa

RE/MAX 360 Real Estate License #3266189

RE/MAX 360 Real Estate

Last Buyer's Agent

Gerard Vignuli

New Level Corp License #3612928

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,776

Year Built

  • Built in 2015

Lot Details

  • 0.28 Acre Lot
  • South Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Tile Roof

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • Heated In Ground Pool
  • Fence Around Pool
  • Pool Equipment Stays

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Coral Gate Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-09-009-0130

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,776

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: CORAL GATE SEC A
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Pantry, Split Bedroom, Walk-In Closet(s), Family Room
  • Spa Yn: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Furnished: Unfurnished
  • Living Area: 1850
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Family Room

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Other
  • Exterior Features: Lighting
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Features: In Ground, Fenced, Equipment Stays, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CORAL GATE SEC A
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-09-009-0130
  • Lot Size Sq Ft: 12122
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 23776

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Sold $1,582,000 -6.9% $855 / Sq Ft
08/21/2024 08/21/24 For Sale $1,700,000 +74.4% $919 / Sq Ft
08/20/2021 08/20/21 Sold $975,000 +2.7% $527 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $949,000 +44.9% $513 / Sq Ft
06/18/2015 06/18/15 Sold $655,000 -6.4% $265 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
05/04/2015 05/04/15 Price Changed $699,500 -4.0% $283 / Sq Ft
04/27/2015 04/27/15 Price Changed $729,000 +900.0% $295 / Sq Ft
04/27/2015 04/27/15 For Sale $72,900 -64.4% $30 / Sq Ft
09/29/2014 09/29/14 Sold $205,000 -31.4% $17 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $298,900 -- $25 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $23,776 $1,087,595 $775,808 $311,787
2023 $23,776 $997,130 $0 $0
2022 $20,921 $906,482 $587,917 $318,565
2021 $5,408 $278,398 $0 $0
2020 $5,341 $274,555 $0 $0
2019 $5,220 $268,383 $0 $0
2018 $5,018 $263,379 $0 $0
2017 $4,960 $257,962 $0 $0
2016 $4,986 $252,657 $0 $0
2015 $5,771 $242,440 $0 $0
2014 -- $258,597 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $725,000 New Conventional
Previous Owner $585,000 New Conventional
Previous Owner $130,000 Unknown
Previous Owner $270,000 Fannie Mae Freddie Mac
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,582,000 None Listed On Document
Warranty Deed $975,000 Attorney
Warranty Deed $655,000 Attorney
Special Warranty Deed $205,000 Attorney
Trustee Deed $304,100 None Available
Interfamily Deed Transfer -- Friendship Title Company
Source: Public Records

Similar Homes in the area

  • 1772 SW 10th St, Miami, FL 33135

    $1,280,000

    • 3 Beds
    • 3 Baths
    • 2,042 Sq Ft
    • 1772 SW 10th St
    • Miami, FL

    Step into this beautifully updated mid-century home where timeless charm meets modern sophistication.The residence has been reconfigured into a 3/3 featuring a spacious master wing. The kitchen is a culinary dream, boasting granite countertops, Italian porcelain floors, an oversized island, illuminated cabinetry, & high-end KitchenAid appliances—with a bar that makes entertaining effortless.

    Milton Andrade Compass Florida, LLC.

    Section Image
  • 6415 SW 48th St, Miami, FL 33155

    $1,250,000

    • 3 Beds
    • 2 Baths
    • 2,636 Sq Ft
    • 6415 SW 48th St
    • Miami, FL

    Rare opportunity to renovate or build new on a 15,500sq/ft lot in one of Miami's most coveted neighborhoods. The existing home boasts 2,636sq/ft living area, four bedrooms, two bathrooms, a large corner lot, outdoor patio, back gate to allow access for large vehicles. The home is located in one of Miami's best walking neighborhoods and right across the street from Coral Lake, 2 miles from the

    Adam Alonso Keller Williams Capital Realty

    Section Image
  • 5020 SW 92nd Ave, Miami, FL 33165

    $1,599,999

    • 3 Beds
    • 2 Baths
    • 1,894 Sq Ft
    • 5020 SW 92nd Ave
    • Miami, FL

    Welcome to your dream lakefront oasis in the heart of Westchester! This fully remodeled 3 bed / 2 bath home offers the perfect blend of modern luxury and waterfront living on one of the few Miami lakes that allows motorized vessels. Enjoy stunning sunset views from your covered deck, a low-maintenance turf yard, and direct access to Blue Lake — perfect for boating and Jet Skis. Inside features a

    Victor Ruiz Move Miami, LLC.

    Section Image
  • 9991 SW 32nd St, Miami, FL 33165

    $1,199,000

    • 5 Beds
    • 4 Baths
    • 1,966 Sq Ft
    • 9991 SW 32nd St
    • Miami, FL

    **Welcome to this Unique home on a Hill with a full basement near the sought-out Westchester neighborhood** Situated on an oversized lot allowing space for a pool and jacuzzi surrounded by a tropical style Tiki Hut with kitchen and over-sized BBQ. Plenty of parking space including Porte Cochere and a one car garage. The main floor and partial basement includes modern updated finishes, including a

    Maria Marrero-Perez World Realty Development

    Section Image
  • 837 Espanola Way, Miami Beach, FL 33139

    $1,799,000

    • 3 Beds
    • 2.5 Baths
    • 1,921 Sq Ft
    • 837 Espanola Way
    • Miami Beach, FL

    Without a doubt, the best street in South Beach, Espanola Way is a hidden little cul-de-sac lined with beautiful single family homes right in the heart of South Beach. This gorgeous 2 story home stands out as a charming, uniquely designed gem by renowned architect L. Murray Dixon. The spacious 3 bedrooms upstairs are filled with sunlight & you have 2 beautifully appointed bathrooms. Downstairs,

    Richard Corrales Silverleaf Realty Group

    Section Image
  • 10290 SW 7th Terrace, Miami, FL 33174

    $1,250,000

    • 4 Beds
    • 3 Baths
    • 2,166 Sq Ft
    • 10290 SW 7th Terrace
    • Miami, FL

    Welcome to this stunning 2-story home, boasting 4 spacious bedrooms and 3 full bathrooms. The double garage and circular driveway provide ample parking and a grand entrance. Inside, you'll find a bright and airy open floor plan, perfect for entertaining. The four bedrooms offer peaceful retreats, while the three full bathrooms ensure everyone has a place to refresh. With plenty of natural light

    Denys Orellana Miami New Realty

    Section Image
  • 10311 SW 7th Terrace, Miami, FL 33174

    $1,200,000

    • 5 Beds
    • 3.5 Baths
    • 2,681 Sq Ft
    • 10311 SW 7th Terrace
    • Miami, FL

    This is the property you were waiting for!! Super spacious home with 5 bedrooms, 3 full bathrooms and 1 half bathroom, large living and dining rooms, enormous master room with walking closet with plenty of space for his/hers beautiful kitchen and modern energy saving LED lights all around the house, perfect for a a large family, large circular concrete paver driveway, in a cul-de-sac.

    Denys Orellana Miami New Realty

    Section Image
  • 276 NE 90th St, El Portal, FL 33138

    $1,150,000

    • 3 Beds
    • 2 Baths
    • 2,061 Sq Ft
    • 276 NE 90th St
    • El Portal, FL

    Amazing opportunity to own this well kept 2 story home which still has much of its original charm. Master bedroom downstairs, 2nd bedroom downstairs has a private entrance (can make a great office!), 3rd bedroom is upstairs which has a door leading to the roof which makes for a great area to sunbathe. Large living room with a beautiful fireplace. Separate laundry room with pantry. Separate

    Jeanette Pressman Dezer Platinum Realty LLC

    Section Image
  • 10 W 53rd Terrace, Hialeah, FL 33012

    $1,400,000

    • 4 Beds
    • 3 Baths
    • 1,575 Sq Ft
    • 10 W 53rd Terrace
    • Hialeah, FL

    Development Potential: approved plans: 4 units, each with 3 bedrooms and 2 bathrooms (1,600 sq ft per unit) Potential income $14,000 per month Maximum potential: (plans can be modified)to up to 12 units . Additional Considerations: Appreciation: Plans include 8 parking spaces, which may need to be increased if the number of units is maximized. Rental market: Research the local rental market to

    Ileana Rodriguez RE/MAX Advance Realty II

    Section Image

Source: MIAMI REALTORS® MLS

MLS Number: A11645006

MIAMI REALTORS® MLS

APN: 01-4109-009-0130