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981 157th Ter

North Miami Beach, FL 33162

3 bd 2 ba 1,452 sqft Built 1952 Lot 6,600 sqft single_family
Most recent sale
$495,000
Mar 1, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 1, 2024 Sold $495,000 MiamiMLS
Sep 12, 2023 Listed $490,000 MiamiMLS
Jun 4, 2021 Listing removed BeachesMLSFlex
Apr 5, 2021 Listed $379,900 BeachesMLSFlex
Dec 6, 2007 Sold $180,000 Public Record
Oct 1, 1985 Sold $63,500 Public Record
Jun 1, 1981 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $126,318 $224,400 $350,718 $7,379
2024 $126,318 $224,400 $350,718 $877
2022 $78,995 $786
2021 $76,695 $766
2020 $75,637 $748
2019 $73,937 $728
2018 $72,559 $703
2017 $71,067 $709
2016 $69,606 $718
2015 $69,123 $736
2014 $57,619 $10,956 $68,575 $750
2013 $68,650 $754
2012 $83,172 $997
2011 $84,033 $1,030
2010 $90,167 $1,237
2009 $161,803 $2,891
2008 $217,896 $4,168
2007 $76,726 $1,221

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,452 sqft
Lot size
6,600 sqft
ZIP code
33162
City
North Miami Beach
Street
157th Ter
Coordinates
25.92021, -80.18018

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,686
Gross rental yield
6.51%
Implied cap rate
4.23%
Trend-extrapolated value

Frequently asked questions

When did 981 157th Ter last sell?
981 157th Ter most recently sold on Mar 1, 2024 for $495,000.
What is the current tax assessment for 981 157th Ter?
The most recent total assessment for 981 157th Ter (year 2025) is $350,718 with $7,379 in property tax.
How does 981 157th Ter's assessment compare to its last sale price?
The current assessment is 29.1% below the last sale price of $495,000.
When was 981 157th Ter built?
981 157th Ter was built in 1952.
How does 981 157th Ter compare to others on 157th Ter?
We track 8 other properties on 157th Ter. Browse the list under "Other properties on 157th Ter" to compare beds, baths, and sale history.
What are the property facts for 981 157th Ter?
981 157th Ter is a 3 bed, 2 bath, 1,452 sqft, 6,600 sqft lot single_family.
Is 981 157th Ter a flip candidate?
No — 981 157th Ter does not appear in our flips dataset.
Is 981 157th Ter a tax-appeal candidate?
No — 981 157th 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
+0.2%
Implied 1-yr
+0.9%
2026 Q3
$522.3K
2026 Q4
$523.5K
ZIP 33162 — Median Price History + Forecast

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