10735 SW 242 TER, Homestead, FL 33032

Parcel: 3060190114620 · Residential - Single Family · Cluster Home · Zoning: 0102

Assessed Value (2025)
$394,399

Property Details

Beds
4
Baths
3
Living Sqft
1,788
Year Built
2005
Lot Sqft
5,935
RESIDENTIAL - SINGLE FAMILY : CLUSTER HOME

Sales History

1
$390,000
2006-12-01
2
$105,600-73%
2010-07-26
ALEXANDER FERNANDEZDLJ MORTGAGE CAPITAL INC
3
$133,000+26%
2010-12-16
DLJ MORTGAGE CAPITAL INCJOSE M SIERRA

Tax Assessment History

$394,399
Assessed (2025)
$394,399
Market Value
$343,677
Taxable Value
$6,997
Annual Tax
2024
$397,243
2025
$394,399
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $394,399 $394,399 $343,677 $6,997
2024 $397,243 $397,243 $347,243 $7,070

About 10735 SW 242 TER, Homestead, FL 33032

10735 SW 242 TER, Homestead, FL 33032 is a 4-bedroom, 3-bathroom residential - single family : cluster home built in 2005 with 1,788 square feet of living space on a 5,935 square foot lot. The property is currently owned by JOSE M SIERRA, 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 2010-12-16 for $133,000, when DLJ MORTGAGE CAPITAL INC sold to JOSE M SIERRA. The property has appreciated $27,400 (26%) since the prior sale of $105,600 on 2010-07-26. There are 3 recorded sales for this property.

The 2025 assessed value is $394,399 with a market value of $394,399. This breaks down to $164,025 for the land and $230,374 for the building. The assessed value decreased 1% from $397,243 in 2024.

The property has the following tax exemptions: homestead. 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.

10735 SW 242 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 2006 to 2010, with 3 recorded transactions in the public record.

The current assessed value represents 297% 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 $74 per square foot — a key metric for comparing value across Homestead's real estate market..

Current Owner

JOSE M SIERRA
10735 SW 242 TER, HOMESTEAD, FL, 33032
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,766 — $4,743
Flood $400 — $800
Property/Wind $2,366 — $3,943

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 10735

100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
33
View full risk analysis →
Zoom in to see property sales