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1040 42nd Ter

Homestead, FL 33033

3 bd 2 ba 1,046 sqft Built 2006 condo_townhome_rowhome_coop
Most recent sale
$290,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $290,000 MLS #A11146171
Apr 5, 2022 Price changed $300,000 MLS #A11146171
Feb 28, 2022 Relisted $330,000 MLS #A11146171
Feb 26, 2022 Listing removed $330,000 MiamiMLS
Feb 15, 2022 Price changed $330,000 MLS #A11146171
Jan 13, 2022 Listed $340,000 MLS #A11146171
Mar 25, 2010 Sold $62,000 MLS #D1369396
Nov 13, 2009 Listed $60,000 MLS #D1369396
Jul 28, 2006 Sold $217,100 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $248,500 $248,500 $6,442
2024 $248,500 $248,500 $6,997
2023 $216,500 $216,500 $6,516
2021 $140,000 $140,000 $5,025
2020 $51,892 $2,498
2019 $50,726 $2,492
2018 $49,781 $2,402
2017 $48,758 $2,386
2016 $47,756 $2,373
2015 $47,425 $2,374
2014 $47,049 $2,383
2013 $46,354 $2,297
2012 $45,580 $2,253
2011 $47,900 $2,332
2010 $55,846 $2,983
2009 $95,930 $3,569
2008 $173,565 $5,156

Property facts

Year built
2006
Property type
condo_townhome_rowhome_coop
Stories
Beds
3
Baths
2
Living area
1,046 sqft
Lot size
ZIP code
33033
City
Homestead
Street
42nd Ter
Coordinates
25.48037, -80.41347

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,935
Gross rental yield
8.01%
Implied cap rate
5.20%
Trend-extrapolated value

Frequently asked questions

When did 1040 42nd Ter last sell?
1040 42nd Ter most recently sold on Jul 22, 2022 for $290,000.
What is the current tax assessment for 1040 42nd Ter?
The most recent total assessment for 1040 42nd Ter (year 2025) is $248,500 with $6,442 in property tax.
How does 1040 42nd Ter's assessment compare to its last sale price?
The current assessment is 14.3% below the last sale price of $290,000.
When was 1040 42nd Ter built?
1040 42nd Ter was built in 2006.
How does 1040 42nd Ter compare to others on 42nd Ter?
We track 8 other properties on 42nd Ter. Browse the list under "Other properties on 42nd Ter" to compare beds, baths, and sale history.
What are the property facts for 1040 42nd Ter?
1040 42nd Ter is a 3 bed, 2 bath, 1,046 sqft condo_townhome_rowhome_coop.
Is 1040 42nd Ter a flip candidate?
No — 1040 42nd Ter does not appear in our flips dataset.
Is 1040 42nd Ter a tax-appeal candidate?
No — 1040 42nd Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.3%
2026 Q3
$466.5K
2026 Q4
$462.5K
ZIP 33033 — Median Price History + Forecast

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