10962 SW 247 TER, Homestead, FL 33032

Parcel: 3060190071350 · Residential · Townhouse · Zoning: 2800

Assessed Value (2025)
$242,960

Property Details

Beds
4
Baths
3
Living Sqft
1,765
Year Built
2004
Lot Sqft
2,750
Stories
2
RESIDENTIAL - TOTAL VALUE : TOWNHOUSE

Sales History

1
$198,000
2004-12-01
2
$100,000-49%
2008-02-01
3
$450,000+350%
2025-04-29
JOSE J BLANDON &W RUTH MSERGIO PENALILLO RIVAS
4
$450,000
2025-05-06

Tax Assessment History

$242,960
Assessed (2025)
$356,918
Market Value
$242,960
Taxable Value
$4,946
Annual Tax
2024
$220,873
$327,668
2025
$242,960
$356,918
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $242,960 $356,918 $242,960 $4,946
2024 $220,873 $327,668 $220,873 $4,497

About 10962 SW 247 TER, Homestead, FL 33032

10962 SW 247 TER, Homestead, FL 33032 is a 4-bedroom, 3-bathroom residential - total value : townhouse built in 2004 with 1,765 square feet of living space on a 2,750 square foot lot. The property is currently owned by SERGIO PENALILLO RIVAS MARTA RIVAS, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-05-06 for $450,000. There are 4 recorded sales for this property. The 2025 assessed value is $242,960 with a market value of $356,918.

The assessed value increased 10% from $220,873 in 2024. The median household income in this area is $86,925, and the median home value is $399,500. The population density is 9,262 people per square mile.

There are active mortgage liens totaling $431,682 recorded against this property. 10962 SW 247 TER, Homestead, FL 33032 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 2004 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 54% 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 $255 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

SERGIO PENALILLO RIVAS MARTA RIVAS
10962 SW 247 TER, MIAMI, FL, 33032
Since: 2026-04-19
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$86,925
Median Home Value$399,500
Pop. Density9,262/sq mi

Neighborhood 10962

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
25
View full risk analysis →

Mortgages

ACTIVE
$436,500
~$431,682 bal.
PENNYMAC LOAN SERVICES LLC · 2025-05-06
Est. Total Balance $431,682
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales