1005 NE 42 TER, Homestead, FL 33033

Parcel: 1079100181070 · Residential · Townhouse · Zoning: 9300

Assessed Value (2025)
$277,400

Property Details

Beds
3
Baths
2.5
Living Sqft
1,584
Year Built
2006
Lot Sqft
1,800
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$218,990
2006-02-01
2
$195,000-11%
2020-01-03
ROBERTO HENRIQUEZ JR &MONICA PATRICIA DIAZ

Tax Assessment History

$277,400
Assessed (2025)
$277,400
Market Value
$226,678
Taxable Value
$4,615
Annual Tax
2024
$214,291
$292,000
2025
$277,400
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $277,400 $277,400 $226,678 $4,615
2024 $214,291 $292,000 $214,291 $4,363

About 1005 NE 42 TER, Homestead, FL 33033

1005 NE 42 TER, Homestead, FL 33033 is a 3-bedroom, 2.5-bathroom residential - total value : townhouse built in 2006 with 1,584 square feet of living space on a 1,800 square foot lot. The property is currently owned by MONICA PATRICIA DIAZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2020-01-03 for $195,000, when ROBERTO HENRIQUEZ JR & sold to MONICA PATRICIA DIAZ . The property sold for $23,990 less than the prior sale of $218,990 on 2006-02-01. The 2025 assessed value is $277,400 with a market value of $277,400.

The assessed value increased 29% from $214,291 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 $19,073 recorded against this property. 1005 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 2006 to 2020, with 2 recorded transactions in the public record. The current assessed value represents 142% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $123 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

MONICA PATRICIA DIAZ
1005 NE 42 TER, HOMESTEAD, FL, 33033
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AH
Special Flood Hazard Area

Est. Annual Insurance

$2,064 — $3,800
Flood $400 — $800
Property/Wind $1,664 — $3,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$78,164
Median Home Value$341,500
Pop. Density10,815/sq mi

Neighborhood 33033

61.9%
Owner-Occ
38.1%
Investor
247
Flips (4yr)
3,460
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →

Mortgages

ACTIVE
$20,350
~$19,073 bal.
SECRETARY HOUSING URBAN DEVELOPMENT · 2021-09-03
Est. Total Balance $19,073
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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