18962 SW 318 TER, Miami-Dade County, FL 33030

Parcel: 3078140140240 · Residential - Single Family · Residential · Zoning: 0100

Assessed Value (2025)
$276,291

Property Details

Beds
4
Baths
3
Living Sqft
2,137
Year Built
2017
Lot Sqft
6,000
Stories
2
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE

Sales History

1
$770,000
2014-03-05
GREAT FLORIDA BANKFVP MOWRY STREET LLC
2
$1,591,000+107%
2016-04-13
FVP MOWRY STREET LLCD R HORTON INC
3
$287,000-82%
2017-05-31
D R HORTON INCRAYSA MADAN FRESNEDA

Tax Assessment History

$276,291
Assessed (2025)
$459,293
Market Value
$225,569
Taxable Value
$4,592
Annual Tax
2024
$268,505
$444,821
2025
$276,291
$459,293
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $276,291 $459,293 $225,569 $4,592
2024 $268,505 $444,821 $218,505 $4,449

About 18962 SW 318 TER, Miami-Dade County, FL 33030

18962 SW 318 TER, Miami-Dade County, FL 33030 is a 4-bedroom, 3-bathroom residential - single family : residential - total value built in 2017 with 2,137 square feet of living space on a 6,000 square foot lot. The property is currently owned by RAYSA MADAN FRESNEDA, 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 2017-05-31 for $287,000, when D R HORTON INC sold to RAYSA MADAN FRESNEDA. The property sold for $1,304,000 less than the prior sale of $1,591,000 on 2016-04-13. There are 3 recorded sales for this property.

The 2025 assessed value is $276,291 with a market value of $459,293. This breaks down to $138,000 for the land and $321,293 for the building. The assessed value increased 3% from $268,505 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $55,588, and the median home value is $292,500. The population density is 5,322 people per square mile.

There are active mortgage liens totaling $25,713 recorded against this property. This property currently has 1 open code violation on record with miami_dade code enforcement. Open violations can affect property value and may need to be resolved before a sale can close.

The complete ownership history of this property spans from 2014 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 96% of the most recent sale price. Based on the most recent sale, this property traded at $134 per square foot — a key metric for comparing value across the area's real estate market..

Code Violations 1 open

A2018002741 open
2018-06-11

Distress Signals

  • 1 open code violation

Current Owner

RAYSA MADAN FRESNEDA
18962 SW 318 TER, HOMESTEAD, FL, 33030
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,057 — $3,800
Flood $400 — $800
Property/Wind $1,657 — $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$55,588
Median Home Value$292,500
Pop. Density5,322/sq mi

Neighborhood 18962

100%
Owner-Occ
0%
Investor
0
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
21
View full risk analysis →

Mortgages

ACTIVE
$27,860
~$25,713 bal.
SECRETARY HOUSING URBAN DEVELOPMENT · 2021-10-25
Est. Total Balance $25,713
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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