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16556 Southwest 68th Terrace

16556 Southwest 68th Terrace, Miami, FL 33193
16556 Southwest 68th Terrace is a condo located in Sunset Lake Townhomes, Miami. The building was first built in 2001 and is 23 years old. In total, 16556 Southwest 68th Terrace has a total floor area of 2,038 square feet. 16556 Southwest 68th Terrace has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. On weekends, residents can enjoy the building's patio. There are 1 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 235 days and tend to sell below the original asking price of $329,000 by 2.74%. Meaning, listings tend to sell at a median of $161 price per square foot. The transaction that took the longest to complete was listed on Feb 10, 2019 for $329,000. This particular unit ultimately sold 235 days later for $320,000. The most recent transaction which was first advertised on Feb 10, 2019, sold for $320,000 on Oct 03, 2019. Fun fact, the oldest transaction we have on record took place on Oct 03, 2019. See the full transaction history for 16556 Southwest 68th Terrace below.

Meanwhile, the building itself has a median asking price of $329,000. For interested buyers, that means the building's median asking price is around inf% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Block Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190210
02/10/2019
3 Bed
3 Bath
2038 ft²
$329,000
bedrooms
3 Bed
bathrooms
3 Bath
square feet
2038 ft²
$320,000 -2.74%
10/03/2019
Roberto Ureta
The Keyes Company

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,787
  • Total Building Area: 2,038
  • Gross Building Area: 2,038
  • Building Area: 1,580
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,580
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAGO MAR 1ST ADDN
  • Land Acres: 0.041
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LAGO MAR 1ST ADDN PB 156-81 T-20383 LOT 2 BLK 22 LOT SIZE 1787 SQ FT FAU 30-4929-001-0570 0580 & 0600 OR 19664-4119 04 2001 1

Ownership

  • Current Owner : SALVO FRANCIS MICHAEL
  • Previous Owner : PADIN MICHAEL
  • Previous Owner 2: PADIN MAY LING
  • Owner Before Previous Owner: CONTINENTAL HOMES OF FLORIDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 016502

Zoning

  • Zoning: 3700

Geography

  • Assessors Map Reference: 200
  • District: 30
  • Parcel: 30-4929-011-1120
  • Block: 22
  • Lot: 2
  • Meridian: SEC 29 TWN 54S RNG 39E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.7013
  • Longitude: -80.4604

    Address

  • Full Address: 16556 Sw 68th Ter
  • Address - House Number: 16556
  • Street Direction: SW
  • Address - Street Name: 68th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: R044
  • 4-Digit Zip Code: 5531
  • Zip Code: 33193

Valuation

    Tax

  • Total Area: 1,580
  • Tax Year: 2023
  • Tax Amount: $5,946
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.1669
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 521,333
  • High Value: 608,380
  • Low Value: 434,286

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 03, 2019
  • First Open Lien Mortgage Loan Amount: $304,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2049

    Market Valuation

  • Market Total Value: $336,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,290

    Sales

  • Current Sale Contract Date: Sep 19, 2019
  • Current Sale Recording Date: Oct 03, 2019
  • Current Sale Transaction ID: 11662785129
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0619617
  • Previous Sale Recording Date: May 16, 2001
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Oct 03, 2019
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CH MTG CO I LTD
  • Previous Mortgage Transaction Date: May 16, 2001
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $138,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Sunset Lake Townhomes



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Frequently Asked Questions

What neighborhood is 16556 Southwest 68th Terrace located in?
The 16556 Southwest 68th Terrace is a condo located in the neighborhood of Sunset Lake Townhomes in Sunset Lake Townhomes, Miami.
What is the average sales price for listings in 16556 Southwest 68th Terrace?
The average sales price for units in 16556 Southwest 68th Terrace is $329,000 , or $161/sqft. currently.

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