15 days on rocket

987 NE 42nd Ter, Homestead, FL, 33033

$389,500

Home List Price

$4,625*

Closing Credit

3 Bedrooms
2 Full Baths
1,298 SqFt
$300/SqFt
Townhouse
Schools Nearby

Location

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987 NE 42nd Ter, Homestead$389,500

Buyer Closing Credits

$4,625*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGuest
Garage2 spaces
Year Built2005
HeatingElectric
CoolingElectric
ViewOther
MLS #A11568293
StatusActive

About 987 NE 42nd Ter

Totally updated corner unit in desirable gated community of Marbella Bay @ Waterstone. This unit is spacious and bright, freshly painted. NEW roof, all NEW Stainless Steal appliances, New kitchen, updated bathrooms, New AC unit with 12 year warranty and all new blinds. Ready to move.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2005
  • Living Area: 1,298 SqFt

Listing Office:

  • Office Name: Fortune Christie's Intl R.E.
  • Office Phone: (305) 856-2600
  • Listing Agent: Lazara Gonzalez

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Ceramic Tile, Laminate
  • Interior: Breakfast Bar, Bedroom on Main Level, Family/Dining Room, First Floor Entry, Handicap Access, Pantry, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Patio

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Guest

Virtual/3D Tour

  • Virtual Tour: 987 NE 42nd Ter

Virtual Tour

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Homestead Senior High School, Public Magnet Grades 9-12
  • Redland Middle School, Public District Grades 6-8
  • Mandarin Lakes K-8 Academy, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,500
  • Price Per SqFt: $300/SqFt

HOA Fees:

  • Amount: $140
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,693
  • Tax Year: 2020
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Housing Market Comparison

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

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Homestead, FL

City

Med. Sold Price

$449.9K

Med. Price/SqFt

$263

Avg. Days On Market

53

# of Sold Homes

160

987 NE 42nd Ter vs Homestead

15 DAYS ON ROCKET

-38 Days

$389,500

-$60.4K Less

$300/SqFt

+$36 More

KEY TAKEAWAY

This property is $60.4K less than the Median Sold Price and $36/SqFt more than other homes in Homestead, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11568293

Listing Office:

  • Office Name: Fortune Christie's Intl R.E.
  • Office Phone: (305) 856-2600
  • Listing Agent: Lazara Gonzalez

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: 4/28/2024, 3:25:14 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$4,693$143,000
2018$4,166$95,533
2017$3,986$115,000

History based on county public records data.

Payment Calculator

$2,151

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,234

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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-1852991
3
/10

  • Mandarin Lakes K-8 Academy

  • 12225 SW 280th St

  • 2.44 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1852992
5
/10

  • Redland Middle School

  • 16001 SW 248th St

  • 4.68 miles

  • Public District Grades 6-8

High School

school-card-donut-1852993
4
/10

  • Homestead Senior High School

  • 2351 SE 12th Ave

  • 3.50 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 $73,580. The most common annual income of people living in Homestead, FL is between $35k-100k. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 987 NE 42nd Ter

What is the listing price of this property?

The listing price of 987 NE 42nd Ter property is $389,500.

What type of property is this?

The property 987 NE 42nd Ter is a townhouse located in Homestead, Florida, 33033.

Is this property for sale now?

Active Listing: 987 NE 42nd Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 987 NE 42nd Ter are:
Mandarin Lakes K-8 Academy: GreatSchools Rating 3/10
Redland Middle School: GreatSchools Rating 5/10
Homestead Senior High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,693 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 987 NE 42nd Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 987 NE 42nd Ter is 1,298 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 987 NE 42nd Ter is 2005.

Rocket Homes›Florida›Miami-Dade County›Homestead›33033›987 NE 42nd Ter

This home is located at 987 NE 42nd Ter in Homestead, FL and zip code 33033 in the Waterstone neighborhood. This 1,298 square foot home was built in 2005. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $389,500.

In March 2024, from all listings sold in Homestead, FL there were more than 31 sold above asking price, over 87 sold below and more than 42 were sold right at the asked price. The number of homes for sale in Homestead, FL increased by 9.1% between February 2024 and March 2024. In March 2024, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $449,993.

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

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