16131 SW 305 TER, Homestead, FL 33033
Parcel: 3079080240300 · Residential - Single Family · Residential · Zoning: 0100
Assessed Value (2025)
$424,331
Property Details
Beds
3
Baths
2
Living Sqft
1,311
Year Built
1987
Lot Sqft
7,875
Stories
1
RESIDENTIAL - SINGLE FAMILY : RESIDENTIAL - TOTAL VALUE
Sales History
1
$100non-market transfer
2016-10-25
ROBERTO OVALLE &W MARIA → MARIA OVALLE LE
2
$450,000
2023-04-19
MARIA OVALLE LE → ALEX NOVAS
3
$450,000
2023-04-28
4
$525,000+17%
2024-12-20
ALEX NOVAS → YISEL MUGUERCIA
5
$525,000
2024-12-31
Tax Assessment History
$424,331
Assessed (2025)
$424,331
Market Value
$424,331
Taxable Value
$8,639
Annual Tax
2024
$352,322
2025
$424,331
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $424,331 | $424,331 | $424,331 | $8,639 | $192,188 | $232,143 |
| 2024 | $352,322 | $352,322 | $302,322 | $6,155 | $176,812 | $175,510 |
About 16131 SW 305 TER, Homestead, FL 33033
16131 SW 305 TER, Homestead, FL 33033 is a 3-bedroom, 2-bathroom residential - single family : residential - total value built in 1987 with 1,311 square feet of living space on a 7,875 square foot lot. The property is currently owned by YISEL MUGUERCIA, 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 2024-12-31 for $525,000. There are 5 recorded sales for this property. The 2025 assessed value is $424,331 with a market value of $424,331.
This breaks down to $192,188 for the land and $232,143 for the building. The assessed value increased 20% from $352,322 in 2024. 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 $49,375, and the median home value is $360,400. The population density is 4,842 people per square mile.
There are active mortgage liens totaling $507,547 recorded against this property. 16131 SW 305 TER, Homestead, FL 33033 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 2016 to 2024, with 5 recorded transactions in the public record. The current assessed value represents 81% of the most recent sale price. Based on the most recent sale, this property traded at $400 per square foot — a key metric for comparing value across Homestead's real estate market..
Building Permits (1)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| W2025042787 | building | F | — |
Current Owner
YISEL MUGUERCIA
16131 SW 305 TER, HOMESTEAD, FL, 33033
Since: 2026-04-19
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$4,643 — $8,437
Flood $400 — $800
Property/Wind $4,243 — $7,637
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$49,375
Median Home Value$360,400
Pop. Density4,842/sq mi
Neighborhood 16131
100%
Owner-Occ
0%
Investor
2
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
22
Mortgages
ACTIVE
$515,490
EVERETT FINANCIAL INC · 2024-12-31
1 satisfied mortgage
SATISFIED 2023-04-28
$427,500
ROCKET MORTGAGE LLC
Est. Total Balance $507,547
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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