12861 SW 248 TER, Homestead, FL 33032
Parcel: 3069260160040 · Residential - Single Family · 1 Unit · Zoning: 3050
Assessed Value (2025)
$395,779
Property Details
Beds
4
Baths
2
Living Sqft
1,498
Year Built
1994
Lot Sqft
5,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$267,000
2005-12-01
2
$110,000-59%
2013-08-14
SALVADOR D CORRALES &W → GRAMI INVESTMENTS INC
3
$500,000+355%
2024-05-16
GRAMI INVESTMENTS INC → JANY ESTRADA PEREZ
4
$500,000
2024-05-21
Tax Assessment History
$395,779
Assessed (2025)
$395,779
Market Value
$345,057
Taxable Value
$7,025
Annual Tax
2024
$258,332
$371,676
2025
$395,779
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $395,779 | $395,779 | $345,057 | $7,025 | $180,502 | $215,277 |
| 2024 | $258,332 | $371,676 | $258,332 | $5,259 | $180,502 | $191,174 |
About 12861 SW 248 TER, Homestead, FL 33032
12861 SW 248 TER, Homestead, FL 33032 is a 4-bedroom, 2-bathroom residential - single family : 1 unit built in 1994 with 1,498 square feet of living space on a 5,000 square foot lot. The property is currently owned by JANY ESTRADA PEREZ, 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 2024-05-21 for $500,000. There are 4 recorded sales for this property. The 2025 assessed value is $395,779 with a market value of $395,779.
This breaks down to $180,502 for the land and $215,277 for the building. The assessed value increased 53% from $258,332 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 $472,602 recorded against this property. 12861 SW 248 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 2005 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 79% of the most recent sale price.
Based on the most recent sale, this property traded at $334 per square foot — a key metric for comparing value across Homestead's real estate market..
Building Permits (2)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2024159299 | building | F | $17,000 | ||
| C2024040573 | building | F | $19,500 |
Current Owner
JANY ESTRADA PEREZ
12861 SW 248 TER, HOMESTEAD, FL, 33032
Since: 2026-03-29
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$3,566 — $6,340
Flood $400 — $800
Property/Wind $3,166 — $5,540
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 12861
100%
Owner-Occ
0%
Investor
1
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
30
Mortgages
ACTIVE
$476,921
FREEDOM MORTGAGE CORP · 2025-08-01
1 satisfied mortgage
SATISFIED 2024-05-21
$476,215
PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC
Est. Total Balance $472,602
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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