8 months on rocket

Backup Offers

1223 NW 116th Ter, Miami, FL, 33167

$440,900

Home List Price

$5,236*

Closing Credit

3 Bedrooms
2 Full Baths
1,434 SqFt
$307/SqFt
House

Location

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1223 NW 116th Ter, Miami$440,900

Buyer Closing Credits

$5,236*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1950
HeatingCentral
CoolingCentral Air
ViewOther
MLS #A11551190
StatusAccepting Backup Offers
(Active Under Contract)

About 1223 NW 116th Ter

JUST REDUCED!!Great area to live in for a growing family. The listing features 3br/2b with an in-law quarter and a spacious yard. The property is located near public transportation, shopping, and dining. Schedule a showing soon, because this listing isn't likely to last long. Please submit your highest and best offer.

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,434 SqFt

Listing Office:

  • Office Name: Macken Realty Inc
  • Office Phone: (305) 933-3800
  • Listing Agent: Michael Randle

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Bedroom on Main Level, First Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Fence, Fruit Trees, Porch

Parking Information:

  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 1223 NW 116th Ter
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $440,900
  • Price Per SqFt: $307/SqFt

Tax Information:

  • Annual Amount: $2,808
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

1223 NW 116th Ter vs Miami

269 DAYS ON ROCKET

+209 Days

$440,900

-$124.7K Less

$307/SqFt

-$85 Less

KEY TAKEAWAY

This property is $124.7K less than the Median Sold Price and $85/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11551190

Listing Office:

  • Office Name: Macken Realty Inc
  • Office Phone: (305) 933-3800
  • Listing Agent: Michael Randle

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,808$169,751
2018$2,715$122,420
2017$2,447$111,291

History based on county public records data.

Payment Calculator

$2,268

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,388

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1147363
4
/10

  • Lakeview Elementary School

  • 1290 NW 115th St

  • 0.17 miles

  • Public District Grades PK-5

school-card-donut-1147364
5
/10

  • Van E. Blanton Elementary School

  • 10327 NW 11th Ave

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-1147365
5
/10

  • Henry E. S. Reeves Elementary School

  • 2005 NW 111th St

  • 0.83 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,203. Residents of Miami, FL typically earn between $35k-100k each year. Typical family type is single, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1223 NW 116th Ter

What is the listing price of this property?

The listing price of 1223 NW 116th Ter property is $440,900.

What type of property is this?

The property 1223 NW 116th Ter is a house located in Miami, Florida, 33167.

Is this property for sale now?

Accepting Backup Offers: 1223 NW 116th Ter is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,808 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1223 NW 116th Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1223 NW 116th Ter is 1,434 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1223 NW 116th Ter is 1950.

Rocket Homes›Florida›Miami-Dade County›Miami›33167›1223 NW 116th Ter

This home is located at 1223 NW 116th Ter in Miami, FL and zip code 33167 in the North East Little River neighborhood. This 1,434 square foot home was built in 1950. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $440,900.

In November 2024, from all listings sold in Miami, FL there were more than 38 sold above asking price, over 445 sold below and more than 112 were sold right at the asked price. The inventory of homes for sale in Miami, FL between October 2024 and November 2024 increased by 6.7%. In November 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $565,671.

From Rocket Homes Real Estate and based on county public records data.

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