1940 NE 197 TER, Ives Estates, FL 33179

1940 NE 197 TER, Ives Estates, FL 33179 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1962 with 2,091 square feet of living space on a 10,350 square foot lot. The property is currently owned by ALAN KININSBERG, 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 2025-03-19 for $1,460,000. There are 4 recorded sales for this property. The 2025 assessed value is $934,108 with a market value of $955,805.

This breaks down to $672,750 for the land and $283,055 for the building. The assessed value increased 3% from $907,783 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $95,283, and the median home value is $837,700. The population density is 4,387 people per square mile. There are active mortgage liens totaling $772,377 recorded against this property.

1940 NE 197 TER, Ives Estates, FL 33179 is located in Ives Estates, Florida. Property records, tax assessments, sales history, and ownership information for this Ives Estates property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2021 to 2025, with 4 recorded transactions in the public record.

The current assessed value represents 64% 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 $698 per square foot — a key metric for comparing value across Ives Estates's real estate market..