NOT LISTED FOR SALE

15050 SW 88th Ave Palmetto Bay, FL 33176

Estimated Value: $1,065,000 - $1,268,000

5 Beds
3 Baths
3,014 Sq Ft
$402/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $530,000 $176 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $7,126/month

272 Days on Market

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Garden View
  • Coral Reef Elementary School Rated A
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of February 2017

This beautifully landscaped Palmetto Bay home has everything you are looking for! Situated in a quiet neighborhood near great schools on a 17,280 SQFT corner lot with ample parking for everyone. The large backyard with a screened patio and heated pool area offers additional comfort for those looking to relax and unwind after a busy day.

Last Agent to Sell the Property

Patrick Dorelien

LPT Realty, LLC License #3267488 Listed on: 03/24/2016

LPT Realty, LLC

Last Buyer's Agent

Patrick Dorelien

LPT Realty, LLC License #3267488 Listed on: 03/24/2016

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $516

Year Built

  • Built in 1964

Lot Details

  • 0.4 Acre Lot
  • East Facing Home
  • Property is zoned EU-M

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,014 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Bidet
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Patio
  • Exterior Lighting

Additional Features

  • Handicap Accessible
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Carol Hill Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-21-011-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$516

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Carol Hill Estates
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Handicap Accessible, Split Bedroom, Family Room, Florida Room, Utility Room/Laundry
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 3014
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Living Room Features: Family Room, Florida Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Shower Only

Exterior Features

  • Roof: Shingle
  • View: Garden, Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Screen Enclosure
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Carol Hill Estates
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-21-011-0060
  • Lot Size Sq Ft: 17280
  • Zoning: EU-M
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2016
Closed on
Feb 17, 2017
Sold by
Espinal Clara
Bought by
Ramjit Ravi S and Ramjit Cassandra A
Seller's Agent
Patrick Dorelien
LPT Realty, LLC
Buyer's Agent
Patrick Dorelien
LPT Realty, LLC
List Price
$615,000
Sold Price
$530,000
Premium/Discount to List
-$85,000
-13.82%
Current Estimated Value
$1,210,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$680,449
Avg. Annual Appreciation
9.96%
Original Mortgage
$424,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2016
Closed on
Feb 16, 2017
Sold by
Sun Trust Bank
Bought by
Ramjit Ravi S and Ramjit Cassandra A
Seller's Agent
Patrick Dorelien
LPT Realty, LLC
Buyer's Agent
Patrick Dorelien
LPT Realty, LLC
List Price
$615,000
Sold Price
$530,000
Premium/Discount to List
-$85,000
-13.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2006
Sold by
Lee Dennis Wayne and Lee Carol Bowman
Bought by
Suntrust Bank
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ramjit Ravi S $530,000 Attorney
Ramjit Ravi S -- Attorney
Suntrust Bank $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramjit Ravi S $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2017 02/17/17 Sold $530,000 -4.5% $176 / Sq Ft
12/22/2016 12/22/16 Pending -- -- --
10/18/2016 10/18/16 Price Changed $555,000 -2.6% $184 / Sq Ft
08/11/2016 08/11/16 Price Changed $569,995 -3.0% $189 / Sq Ft
07/19/2016 07/19/16 Price Changed $587,900 -4.4% $195 / Sq Ft
03/24/2016 03/24/16 For Sale $615,000 -- $204 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,322 $546,129 -- --
2024 $8,955 $530,738 -- --
2023 $8,955 $515,280 $0 $0
2022 $8,647 $500,272 $0 $0
2021 $8,636 $485,701 $0 $0
2020 $8,469 $478,996 $209,820 $269,176
2019 $8,514 $481,145 $209,820 $271,325
2018 $8,245 $437,033 $193,680 $243,353
2017 $551 $343,992 $0 $0
2016 $517 $336,917 $0 $0
2015 $516 $334,575 $0 $0
2014 $534 $331,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Dorelien

    Seller's Agent in 2017

    Patrick Dorelien

    LPT Realty, LLC

    (305) 890-2035

    3 Total Sales

    Patrick Dorelien
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10055501

MIAMI REALTORS® MLS

APN: 33-5021-011-0060

Florida Miami/Dade County Palmetto Bay 33176

15050 SW 88th Ave, Palmetto Bay, FL

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