by RH Advisors

See Home Value
$900,000
House - Off Market

3840 Charles Ter

Coconut Grove, FL 33133
bedrooms
4 Beds
bathrooms
4 Baths
square feet
880 Sqft
$4,939
Estimated Monthly
$0
HOA / Fees
8.57%
Cap Rate

About This Property

Are you looking for a completely renovated home under $1M in Coconut Grove for yourself or as a highly profitable investment property? Move right in to this four bedroom, four bath home on a 6,000 SF lot or earn great income with potential to build a multi-million dollar home now or in the future. Located just a mile from all the top shops, restaurants, entertainment, and waterfront parks in Coconut Grove's village center, within walking distance to two top public schools, less than a mile to the Metrorail (one stop to UM), and just 5 miles from Brickell/Downtown Miami.
Unit Size
880Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$1,023
Property Type
House
Property Taxes
$520
HOA Dues
-
Year Built
1950
Last updated: 3 months ago (Miami MLS #A11388703)

Price History

Date / Event Date Event Price
Feb 12, 2024 No longer available -
No longer available
Oct 27, 2023 Price Increased $900,000
↑ $150K (20%)
Price Increased
Oct 12, 2023 Price Decreased $750,000
↓ $170K (18.5%)
Price Decreased
Sep 26, 2023 Price Decreased $920,000
↓ $280K (23.3%)
Price Decreased
Aug 10, 2023 Price Increased $1,200,000
↑ $225K (23.1%)
Price Increased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 114
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,148
  • Gross Building Area: 1,148
  • Building Area: 880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 880
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGSWAY
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KINGSWAY PB 48-98 LOT 13 BLK 1 LOT SIZE 60.000 X 100 OR 19672-1122 05/2001 4 COC 25893-2021 08 2007 3

Ownership

  • Current Owner : DANENBERG SABINA
  • Previous Owner : LOPEZ RAFAEL E
  • Owner Before Previous Owner: LOPEZ HENRY L

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 007200

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 256
  • District: 01
  • Parcel: 01-4120-004-0130
  • Block: 1
  • Lot: 13
  • Meridian: SEC 20 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7249
  • Longitude: -80.2559

    Address

  • Full Address: 3840 Charles Ter
  • Address - House Number: 3840
  • Address - Street Name: Charles
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C037
  • 4-Digit Zip Code: 5604
  • Zip Code: 33133

Valuation

    Tax

  • Total Area: 958
  • Tax Year: 2023
  • Tax Amount: $7,641
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 827,851
  • High Value: 905,616
  • Low Value: 750,087

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $191,250
  • First Open Lien Mortgage Lender: CENTERSTATE BANK OF FLORIDA NA
  • First Open Lien Mortgage Recording Date: Jul 17, 2019
  • First Open Lien Mortgage Loan Amount: $191,250
  • 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: Jul 01, 2049

    Market Valuation

  • Market Total Value: $474,501
  • Market Land Value: $405,000
  • Market Improvement Value: $69,501

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,580

    Sales

  • Current Sale Contract Date: Jun 27, 2019
  • Current Sale Recording Date: Jul 17, 2019
  • Current Sale Transaction ID: 11633550841
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0445689
  • Previous Sale Recording Date: Apr 07, 2010
  • Previous Sale Contract Date: Mar 31, 2010
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTERSTATE BANK OF FLORIDA NA
  • First Mortgage Transaction Date: Jul 17, 2019
  • First Mortgage Loan Amount: $191,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: EMBRACE HOME LOANS INC
  • Previous Mortgage Transaction Date: Apr 07, 2010
  • Previous Mortgage Loan Amount: $97,500
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2025



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,290 ft²
$929/ft²
$1,198,000 Aug 2, 2023
-
$751/mo
House
3 Beds
2 Baths
1,309 ft²
$989/ft²
$1,295,000 Jun 26, 2023
-
$419/mo
House
3 Beds
2 Baths
1,005 ft²
$1,010/ft²
$1,015,000 Aug 6, 2023
-
$490/mo
House
3 Beds
1 Bath
1,165 ft²
$1,180/ft²
$1,375,000 Dec 15, 2022
-
$845/mo
House
3 Beds
2 Baths
1,270 ft²
$945/ft²
$1,200,000 Apr 23, 2022
-
$278/mo
In Contract
House
3 Beds
2 Baths
1,351 ft²
$725/ft²
$979,000 May 13, 2023
-
$707/mo
House
3 Beds
2 Baths
2,106 ft²
$665/ft²
$1,400,000 Apr 27, 2023
-
$456/mo
House
5 Beds
2 Baths
1,971 ft²
$507/ft²
$1,000,000 Feb 6, 2023
-
$750/mo
Townhouse
3 Beds
2.5 Baths
-
$1,197,500 Aug 4, 2023
-
$1,103/mo
Townhouse
3 Beds
3 Baths
2,006 ft²
$685/ft²
$1,375,000 Aug 4, 2023
-
$1,530/mo
Multifamily
Stu
-
1,500 ft²
$660/ft²
$990,000 May 13, 2023
-
$733/mo
Condo
3 Beds
3 Baths
2,111 ft²
$613/ft²
$1,295,000 Jun 6, 2023
-
$3,750/mo

About Southwest Coconut Grove


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Frequently Asked Questions

When was property at 3840 Charles Terrace built and last sold?
The property at 3840 Charles Terrace was built in 1950 and last sold on Jun 27, 2019 for $280,000.
How much is this home worth?
The estimated value of the home located at 3840 Charles Terrace is $1,201,467.
What are some comparable homes to 3840 Charles Terrace?
Homes that are comparable to 3840 Charles Terrace include a house property at 255 Grant Drive, 421 Amalfi Avenue, 3381 Florida Avenue.

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