12941 SW 242 TER, Homestead, FL 33032

12941 SW 242 TER, Homestead, FL 33032 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 2008 with 1,066 square feet of living space on a 5,170 square foot lot. The property is currently owned by PATRICIA VILLACHICA, 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 2008-09-19 for $127,000, when HABITAT FOR HUMANITY OF sold to PATRICIA VILLACHICA. The 2025 assessed value is $76,581 with a market value of $316,296. This breaks down to $156,100 for the land and $160,196 for the building.

The assessed value increased 3% from $74,423 in 2024. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $93,706, and the median home value is $420,100. The population density is 5,816 people per square mile.

12941 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 1998 to 2008, with 2 recorded transactions in the public record.

The current assessed value represents 60% 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 $119 per square foot — a key metric for comparing value across Homestead's real estate market..