NOT LISTED FOR SALE

16212 SW 92nd Ave Unit 18 Palmetto Bay, FL 33157

Estimated Value: $328,556 - $405,000

2 Beds
2.5 Baths
1,421 Sq Ft
$267/Sq Ft Est. Value

Last Sold July 14, 2020

Last sale price $252,000 $177 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,582/month

169 Days on Market

Highlights

  • Newly Remodeled
  • Garden View
  • Screened Balcony
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • Community Pool
  • Complete Accordion Shutters

About This Home

As of July 2020

Great opportunity in Palmetto Bay for either a starter home or downsizing. Spacious two story 2/2.5 bedroom Townhouse/Condo in a well located 24 unit complex. New kitchen cabinets, remodeled bathroom, vinyl plank flooring throughout. Balcony overlooks courtyard and pool. Screened patio on first floor. Stacked washer/dryer in unit. Ready to move in.

Great schools, well located, convenient shopping, gyms and restaurants, and still minutes from the Florida Keys. Easy to show. Association rules indicate unit must first be occupied by owner for two years before it can be rented. Association approval is required.

Showing by appointment only.

Last Agent to Sell the Property

Robert Mendez

MMLS Assoc.-Inactive Member License #0512906 Listed on: 12/14/2019

Last Buyer's Agent

Robert Mendez

MMLS Assoc.-Inactive Member License #0512906 Listed on: 12/14/2019

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,744

Year Built

  • Built in 1989 | Newly Remodeled

HOA Fees

  • $351 Monthly HOA Fees

Property Views

  • Garden
  • Pool

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,421 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Paddle Fans
  • Vertical Blinds

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Screened Balcony
  • Patio

Schools

  • Perrine Elementary School
  • Southwood Middle School
  • Miami Palmetto High School

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 33-50-28-065-0180

Community Details

Overview

  • 24 Units
  • Banyan Gardens Condos
  • Banyan Gardens C0ndo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,744

Year Built

Built in 1989 | Newly Remodeled

Lot Details

0

HOA Fees

$351 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Townhouse
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Subdivision Name: BANYAN GARDENS C0NDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl
  • Furnished: Unfurnished
  • Living Area: 1421
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Complete Accordian Shutters, Blinds, Verticals
  • Bedroom Features: Master Bedroom Upstairs
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Garden View, Pool Area View
  • Exterior Features: East Of Us1, Screened Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Banyan Gardens
  • Parking Features: 1 Space, Assigned, Guest

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Paddle Fans
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 351
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Schools

  • Elementary School: Perrine
  • High School: Miami Palmetto
  • Middle Or Junior School: Southwood

Lot Info

  • Parcel Number: 33-50-28-065-0180
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2744

Multi Family

  • Number Of Units In Community: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2019
Closed on
Jun 17, 2020
Sold by
Mendez Robert and Mendez Katherine E
Bought by
Gabilondo Virginia
Seller's Agent
Robert Mendez
MMLS Assoc.-Inactive Member
Buyer's Agent
Robert Mendez
MMLS Assoc.-Inactive Member
List Price
$260,000
Sold Price
$252,000
Premium/Discount to List
-$8,000
-3.08%
Current Estimated Value
$379,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,889
Avg. Annual Appreciation
8.07%
Original Mortgage
$244,440
Outstanding Balance
$216,269
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$163,620

Purchase Details

Closed on
Nov 21, 2014
Sold by
Thernes Katherine E
Bought by
Katherine E Mendez Living Trust

Purchase Details

Closed on
Mar 15, 2002
Sold by
Sabra A Millis I
Bought by
Thernes Katherine E

Purchase Details

Closed on
Aug 2, 2000
Sold by
Rizo Edurdo C and Rizo Monica T
Bought by
Millis Sabra A

Purchase Details

Closed on
May 26, 1998
Sold by
Tegtmeyer Erika
Bought by
Rizo Monica T and Rizo Eduardo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1994
Sold by
Demarchena George L and De Marchena Ivonne M
Bought by
Tegtmeyer Erika and Tegtmeyer Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
9.17%
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
Gabilondo Virginia $252,000 Attorney
Katherine E Mendez Living Trust $160,000 Attorney
Thernes Katherine E $104,000 --
Millis Sabra A $83,500 --
Rizo Monica T $34,300 --
Tegtmeyer Erika $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabilondo Virginia $244,440
Previous Owner Rizo Monica T $79,000
Previous Owner Rizo Monica T $67,000
Previous Owner Tegtmeyer Erika $70,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2020 07/14/20 Sold $252,000 -3.0% $177 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
05/10/2020 05/10/20 Price Changed $259,900 +1.9% $183 / Sq Ft
02/26/2020 02/26/20 Price Changed $255,000 -1.9% $179 / Sq Ft
12/14/2019 12/14/19 For Sale $260,000 0.0% $183 / Sq Ft
02/04/2017 02/04/17 Rented $1,700 0.0% --
01/05/2017 01/05/17 Price Changed $1,700 -8.1% $1 / Sq Ft
12/17/2016 12/17/16 For Rent $1,850 +15.6% --
03/12/2015 03/12/15 Rented $1,600 0.0% --
03/12/2015 03/12/15 For Rent $1,600 -- --
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 $2,921 $214,537 -- --
2024 $2,834 $208,491 -- --
2023 $2,834 $202,419 $0 $0
2022 $2,727 $196,524 $0 $0
2021 $2,721 $190,800 $0 $0
2020 $2,856 $159,000 $0 $0
2019 $2,858 $159,000 $0 $0
2018 $2,794 $159,000 $0 $0
2017 $2,863 $159,816 $0 $0
2016 $2,658 $145,288 $0 $0
2015 $2,598 $138,370 $0 $0
2014 $1,122 $98,104 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Robert Mendez

    MMLS Assoc.-Inactive Member

  • Miriam Bryant

    Seller's Agent in 2017

    Miriam Bryant

    Compass Florida, LLC

    (305) 336-6113

    2 in this area

    5 Total Sales

    Miriam Bryant
    Section Image
  • Dawn Reid

    Buyer's Agent in 2017

    Dawn Reid

    Gladiator Realty Group LLC

    (786) 925-4123

    38 Total Sales

    Dawn Reid
    Section Image
  • Belinda Sime

    Seller's Agent in 2015

    Belinda Sime

    Sime Realty Corporation

    (786) 344-9579

    3 in this area

    174 Total Sales

    Belinda Sime
    Section Image
  • Kirenia Balan

    Buyer's Agent in 2015

    Kirenia Balan

    Balan Realty, Inc.

    (305) 613-0830

    1 in this area

    58 Total Sales

    Kirenia Balan
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10787492

MIAMI REALTORS® MLS

APN: 33-5028-065-0180

Florida Miami/Dade County Palmetto Bay 33157

16212 SW 92nd Ave Unit 18, Palmetto Bay, FL

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