841 NW 116 TER, North Miami, FL 33168
Parcel: 3021350130580 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$307,847
Property Details
Beds
3
Baths
1
Living Sqft
1,544
Year Built
1954
Lot Sqft
5,250
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$25,000
2020-08-26
SOLAGES J JARBATHE → SOLAGES J JARBATHE
2
N/Anon-market transfer
2022-10-20
SOLAGES J JARBATHE EST OF → SERGE JARBATHE
3
N/A
2022-10-21
4
N/A
2022-11-09
5
$370,000
2023-05-25
SERGE JARBATH → MARKENCIA P THOMPSON
6
$370,000
2023-06-13
Tax Assessment History
$307,847
Assessed (2025)
$307,847
Market Value
$257,125
Taxable Value
$5,235
Annual Tax
2024
$308,594
2025
$307,847
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $307,847 | $307,847 | $257,125 | $5,235 | $164,062 | $143,785 |
| 2024 | $308,594 | $308,594 | $258,594 | $5,265 | $125,672 | $182,922 |
About 841 NW 116 TER, North Miami, FL 33168
841 NW 116 TER, North Miami, FL 33168 is a 3-bedroom, 1-bathroom residential - single family : 1 unit built in 1954 with 1,544 square feet of living space on a 5,250 square foot lot. The property is currently owned by MARKENCIA P THOMPSON, 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 2023-06-13 for $370,000. There are 6 recorded sales for this property. The 2025 assessed value is $307,847 with a market value of $307,847.
This breaks down to $164,062 for the land and $143,785 for the building. The assessed value decreased 0% from $308,594 in 2024. The property has the following tax exemptions: homestead.
The median household income in this area is $59,426, and the median home value is $282,700. The population density is 11,031 people per square mile. There are active mortgage liens totaling $339,995 recorded against this property.
841 NW 116 TER, North Miami, FL 33168 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 2020 to 2023, with 6 recorded transactions in the public record.
The current assessed value represents 83% of the most recent sale price. Based on the most recent sale, this property traded at $240 per square foot — a key metric for comparing value across North Miami's real estate market..
Building Permits (1)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2023106111 | building | F | $10,000 |
Current Owner
MARKENCIA P THOMPSON
841 NW 116 TER, MIAMI, FL, 33168
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$4,094 — $7,572
Flood $400 — $800
Property/Wind $3,694 — $6,772
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$59,426
Median Home Value$282,700
Pop. Density11,031/sq mi
Neighborhood 33168
71.3%
Owner-Occ
28.7%
Investor
192
Flips (4yr)
2,193
New Biz (3yr)
Distress Risk
ELEVATED
43
Mortgages
ACTIVE
$351,500
UNITED WHOLESALE MORTGAGE · 2023-06-13
Est. Total Balance $339,995
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales