15171 SW 109 TER, The Hammocks, FL 33196

Parcel: 3059090230150 · Residential - Single Family · Cluster Home · Zoning: 3700

Assessed Value (2025)
$474,292

Property Details

Beds
4
Baths
2
Living Sqft
2,255
Year Built
1989
Lot Sqft
5,316
Stories
2
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$305,000
2005-07-01
2
N/Anon-market transfer
2008-03-01
3
$225,000
2008-11-11
ACCREDITED HOME LENDERS INCRENNIE RAMRACHA

Tax Assessment History

$474,292
Assessed (2025)
$474,292
Market Value
$474,292
Taxable Value
$9,656
Annual Tax
2024
$444,064
$502,945
2025
$474,292
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $474,292 $474,292 $474,292 $9,656
2024 $444,064 $502,945 $444,064 $9,041

About 15171 SW 109 TER, The Hammocks, FL 33196

15171 SW 109 TER, The Hammocks, FL 33196 is a 4-bedroom, 2-bathroom residential - single family : cluster home built in 1989 with 2,255 square feet of living space on a 5,316 square foot lot. The property is currently owned by RENNIE RAMRACHA, 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 2008-11-11 for $225,000, when ACCREDITED HOME LENDERS INC sold to RENNIE RAMRACHA. There are 3 recorded sales for this property. The 2025 assessed value is $474,292 with a market value of $474,292.

This breaks down to $257,900 for the land and $216,392 for the building. The assessed value increased 7% from $444,064 in 2024. The median household income in this area is $87,423, and the median home value is $425,400.

The population density is 14,316 people per square mile. 15171 SW 109 TER, The Hammocks, FL 33196 is located in The Hammocks, Florida. Property records, tax assessments, sales history, and ownership information for this The Hammocks property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2005 to 2008, with 3 recorded transactions in the public record. The current assessed value represents 211% 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 $100 per square foot — a key metric for comparing value across The Hammocks's real estate market..

Building Permits (1)

Permit #TypeStatusCost
W2026003496 mechanical F $4,400

Current Owner

RENNIE RAMRACHA
15171 SW 109 TER, MIAMI, FL, 33196
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$5,142 — $9,337
Flood $400 — $800
Property/Wind $4,742 — $8,537

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$87,423
Median Home Value$425,400
Pop. Density14,316/sq mi

Neighborhood 15171

100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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