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Backup Offers

1020 NW 116th Ter, Miami, FL, 33168

$325,000

Home List Price

$3,859*

Closing Credit

2 Bedrooms
1 Full Bath
715 SqFt
$455/SqFt
House
Schools Nearby

Location

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1020 NW 116th Ter, Miami$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1950
HeatingCentral
CoolingCentral Air
ViewNone
MLS #A11576229
StatusAccepting Backup Offers
(Active Under Contract)

About 1020 NW 116th Ter

Don't miss out! Come by today to check out this Miami property! Situated in a thriving area full of potential, this home features 2 bedrooms, 1 bathroom, and spacious front and back patios. Conveniently located near I95 for easy access, as well as pharmacies, supermarkets, and schools. Whether you're looking for your first home or an investment opportunity, this property is primed to be part of the exciting growth in this expanding neighborhood!

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1950
  • Stories: 1
  • Living Area: 715 SqFt

Listing Office:

  • Office Name: Ancona Real Estate Inc
  • Office Phone: (305) 456-8718
  • Listing Agent: Jeremiah James

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Flooring Type: Tile, Wood
  • Interior: First Floor Entry, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Other

Parking Information:

  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 1020 NW 116th Ter

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Central Senior High School, Public Magnet Grades 9-12
  • North Dade Middle School, Public Magnet Grades 6-8
  • Lakeview Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $455/SqFt

Tax Information:

  • Annual Amount: $2,068
  • 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

$546.1K

Med. Price/SqFt

$382

Avg. Days On Market

56

# of Sold Homes

885

1020 NW 116th Ter vs Miami

11 DAYS ON ROCKET

-45 Days

$325,000

-$221.1K Less

$455/SqFt

+$72 More

KEY TAKEAWAY

This property is $221.1K less than the Median Sold Price and $72/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11576229

Listing Office:

  • Office Name: Ancona Real Estate Inc
  • Office Phone: (305) 456-8718
  • Listing Agent: Jeremiah James

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: 5/7/2024, 10:20:32 PM 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$2,068$87,853
2018$1,274$33,720
2017$1,064$34,621

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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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.

Elementary School

school-card-donut-7966166
4
/10

  • Lakeview Elementary School

  • 1290 NW 115th St

  • 0.35 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7966167
2
/10

  • North Dade Middle School

  • 1840 NW 157th St

  • 2.65 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-7966168
2
/10

  • Miami Central Senior High School

  • 1781 NW 95th St

  • 1.48 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,302. Residents of Miami, FL typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1020 NW 116th Ter

What is the listing price of this property?

The listing price of 1020 NW 116th Ter property is $325,000.

What type of property is this?

The property 1020 NW 116th Ter is a house located in Miami, Florida, 33168.

Is this property for sale now?

Accepting Backup Offers: 1020 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 are the assigned schools for this property?

The assigned schools for 1020 NW 116th Ter are:
Lakeview Elementary School: GreatSchools Rating 4/10
North Dade Middle School: GreatSchools Rating 2/10
Miami Central Senior High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,068 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1020 NW 116th Ter has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1020 NW 116th Ter is 715 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1020 NW 116th Ter is 1950.

Rocket Homes›Florida›Miami-Dade County›Miami›33168›1020 NW 116th Ter

This home is located at 1020 NW 116th Ter in Miami, FL and zip code 33168 in the North East Little River neighborhood. This 715 square foot home was built in 1950. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $325,000.

Over 120 listings were sold over their listed price in April 2024 in Miami, FL. In the same period over 608 listings were sold below the listed price and 157 listings were sold for the listed price. Between March 2024 and April 2024, Miami, FL real estate market has seen increase in the number of listings by 7.2%. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $546,178.

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

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