2040 NW 113 TER, North Miami, FL 33167

Parcel: 3021340230050 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$210,771

Property Details

Beds
4
Baths
2.5
Living Sqft
1,605
Year Built
2006
Lot Sqft
11,024
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$330,200
2022-10-27
JOSE GONZALEZBANK OF AMERICA NA
2
$330,200
2022-11-01
3
N/Anon-market transfer
2023-08-31
BANK OF AMERICA NAISN WESTERN OPERATION CENTER
4
N/A
2024-05-03
5
$460,100
2024-07-24
ISN WESTERN OPERATION CENTEROUCELLA NOEL
6
$460,100
2024-07-30

Tax Assessment History

$210,771
Assessed (2025)
$489,994
Market Value
$110,049
Taxable Value
$2,241
Annual Tax
2024
$524,926
2025
$210,771
$489,994
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $210,771 $489,994 $110,049 $2,241
2024 $524,926 $524,926 $524,926 $10,687

About 2040 NW 113 TER, North Miami, FL 33167

2040 NW 113 TER, North Miami, FL 33167 is a 4-bedroom, 2.5-bathroom residential - single family : 1 unit built in 2006 with 1,605 square feet of living space on a 11,024 square foot lot. The property is currently owned by OUCELLA NOEL, 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 2024-07-30 for $460,100. There are 6 recorded sales for this property. The 2025 assessed value is $210,771 with a market value of $489,994.

This breaks down to $250,074 for the land and $239,920 for the building. The assessed value decreased 60% from $524,926 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $64,722, and the median home value is $343,600. The population density is 5,360 people per square mile. 2040 NW 113 TER, North Miami, FL 33167 is located in North Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this North Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2022 to 2024, with 6 recorded transactions in the public record. The current assessed value represents 46% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $287 per square foot — a key metric for comparing value across North Miami's real estate market..

Building Permits (2)

Permit #TypeStatusCost
C2022036212 building F $5,000
C2023097456 mechanical F

Current Owner

OUCELLA NOEL
2040 NW 113 TER, MIAMI, FL, 33167
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $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$64,722
Median Home Value$343,600
Pop. Density5,360/sq mi

Neighborhood 33167

63.4%
Owner-Occ
36.6%
Investor
138
Flips (4yr)
1,280
New Biz (3yr)
Distress Risk
MODERATE
37
View full risk analysis →
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