12422 SW 251 TER, Homestead, FL 33032
Parcel: 3069250090400 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$467,439
Property Details
Beds
3
Baths
3
Living Sqft
2,120
Year Built
1993
Lot Sqft
7,503
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$110,000
1999-02-01
2
N/Anon-market transfer
2008-07-01
3
$585,000
2024-05-08
ELLEN S BULKLEY TRS → ORELVIS MARTINEZ CESPEDES
4
$585,000
2024-06-03
Tax Assessment History
$467,439
Assessed (2025)
$467,439
Market Value
$416,717
Taxable Value
$8,484
Annual Tax
2024
$102,525
$438,536
2025
$467,439
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $467,439 | $467,439 | $416,717 | $8,484 | $210,042 | $257,397 |
| 2024 | $102,525 | $438,536 | $52,525 | $1,069 | $210,042 | $228,494 |
About 12422 SW 251 TER, Homestead, FL 33032
12422 SW 251 TER, Homestead, FL 33032 is a 3-bedroom, 3-bathroom residential - single family : 1 unit built in 1993 with 2,120 square feet of living space on a 7,503 square foot lot. The property is currently owned by ORELVIS MARTINEZ CESPEDES JANET M LEYVA, 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 2024-06-03 for $585,000. There are 4 recorded sales for this property. The 2025 assessed value is $467,439 with a market value of $467,439.
This breaks down to $210,042 for the land and $257,397 for the building. The assessed value increased 356% from $102,525 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 $74,842, and the median home value is $308,700.
The population density is 9,037 people per square mile. There are active mortgage liens totaling $562,312 recorded against this property. 12422 SW 251 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 1999 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 80% of the most recent sale price.
Based on the most recent sale, this property traded at $276 per square foot — a key metric for comparing value across Homestead's real estate market..
Building Permits (2)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2025118863 | building | F | $1,305 | ||
| S1993001392 | electrical | expired | — |
Current Owner
ORELVIS MARTINEZ CESPEDES JANET M LEYVA
12422 SW 251 TER, HOMESTEAD, FL, 33032
Since: 2026-04-19
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$5,074 — $9,213
Flood $400 — $800
Property/Wind $4,674 — $8,413
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$74,842
Median Home Value$308,700
Pop. Density9,037/sq mi
Neighborhood 12422
100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
26
Mortgages
ACTIVE
$574,404
GOLD STAR MORTGAGE FINANCIAL GROUP CORP · 2024-06-03
1 satisfied mortgage
SATISFIED 2024-06-03
$20,475
GOLD STAR MORTGAGE FINANCIAL GROUP CORP
Est. Total Balance $562,312
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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