1040 NE 42 TER, Homestead, FL 33033

1040 NE 42 TER, Homestead, FL 33033 is a 2-bedroom, 2-bathroom residential - total value : townhouse built in 2006 with 1,046 square feet of living space on a 3,731 square foot lot. The property is currently owned by KARINA ISABEL TERAN MARTIN ALONSO TERAN, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2022-07-27 for $290,000. There are 5 recorded sales for this property. The 2025 assessed value is $248,500 with a market value of $248,500.

The assessed value increased 4% from $238,150 in 2024. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AH, indicating shallow flooding areas with ponding potential.

Flood insurance is typically required. The median household income in this area is $78,164, and the median home value is $341,500. The population density is 10,815 people per square mile.

There are active mortgage liens totaling $237,116 recorded against this property. 1040 NE 42 TER, Homestead, FL 33033 is located in Homestead, Florida. Property records, tax assessments, sales history, and ownership information for this Homestead property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2010 to 2022, with 5 recorded transactions in the public record. The current assessed value represents 86% of the most recent sale price. Based on the most recent sale, this property traded at $277 per square foot — a key metric for comparing value across Homestead's real estate market..