NOT LISTED FOR SALE

16220 SW 77th Ave Palmetto Bay, FL 33157

Estimated Value: $1,356,000 - $2,019,000

5 Beds
3.5 Baths
4,342 Sq Ft
$393/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $911,500 $210 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $10,547/month

112 Days on Market

Highlights

  • Home fronts navigable water
  • Access To Lake
  • Canal View
  • Coral Reef Elementary School Rated A
  • In Ground Pool
  • Roman Tub

About This Home

As of November 2018

Amazing Gary Sheer built pool home, on wide canal that leads to Pinecrest lakes and everglades! This tastefully remodeled 5 bedroom and 3 1/2 bath home, features marble floors throughout, with dark wood floors in bedrooms. The split plan is wonderful for privacy, with 3 bedrooms and 2 1/2 baths on one side and a 2/1 on the other. The backyard features a relaxing pool with beautiful canal views! The wood beamed covered patio is excellent for entertaining and having in style! Excellent school district, featuring Coral Reef Elementary, Southwood Middle School and Palmetto Senior High School, as well as close to Black Point Marina and Matheson Hammock Marina. ***New roof in September 2017***Open house August 4th @ 12:00 noon***

Last Agent to Sell the Property

John Quintana

SMI Realtors, LLC. License #3290641 Listed on: 07/27/2018

Last Buyer's Agent

Henry Paul

Brown Harris Stevens License #3086054

Brown Harris Stevens

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,470

Year Built

  • Built in 1987

Lot Details

  • 0.34 Acre Lot
  • 150 Ft Wide Lot
  • Home fronts navigable water
  • Home fronts a canal
  • East Facing Home
  • Property is zoned 2100

Parking

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

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,342 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Washer and Dryer Hookup

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Access To Lake

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Voluntary home owners association
  • Shear Development Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-27-042-0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,470

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Use GPS
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SHEAR DEVELOPMENT SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, Pantry, Roman Tub, Split Bedroom, Family Room, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 4342
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Flat Tile
  • View: Canal
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: In Ground, Screen Enclosure
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Canal Front, Lake Access, Navigable Water
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SHEAR DEVELOPMENT SUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-27-042-0040
  • Lot Size Sq Ft: 15001
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 8470

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2018
Closed on
Nov 16, 2018
Sold by
Agg Miami Holdings Corp
Bought by
Chamas Cybele and Dacosta Rui
Seller's Agent
John Quintana
SMI Realtors, LLC.
Buyer's Agent
Henry Paul
Brown Harris Stevens
List Price
$999,500
Sold Price
$911,500
Premium/Discount to List
-$88,000
-8.8%
Current Estimated Value
$1,707,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$796,475
Avg. Annual Appreciation
9.46%
Original Mortgage
$683,625
Outstanding Balance
$602,326
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$1,105,649

Purchase Details

Closed on
Jul 14, 2017
Sold by
Agg Miami Holdings Corp
Bought by
Agg Miami Holdings Corp

Purchase Details

Listed on
Oct 12, 2015
Closed on
Apr 14, 2017
Sold by
Mees Clifford Scott and Mees Cristina
Bought by
Agg Miami Holdings Corp
Seller's Agent
Aray Otero
United Real Estate Miami
Buyer's Agent
Juan Santamaria
Assured Investments Realty, LLC
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%

Purchase Details

Closed on
Nov 16, 2006
Sold by
Jones Thomas F and Jones Mary Ann
Bought by
Mees Clifford S and Mees Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,000
Interest Rate
6.37%
Mortgage Type
Unknown
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
Chamas Cybele $911,500 Sophias Title Services
Agg Miami Holdings Corp -- None Available
Agg Miami Holdings Corp $550,000 Sophias Title Services Llc
Mees Clifford S $957,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chamas Cybele $683,625
Previous Owner Mees Clifford S $766,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2018 11/16/18 Sold $911,500 -6.5% $210 / Sq Ft
08/21/2018 08/21/18 Price Changed $975,000 -2.5% $225 / Sq Ft
07/27/2018 07/27/18 For Sale $999,500 +81.7% $230 / Sq Ft
04/16/2017 04/16/17 Sold $550,000 0.0% $127 / Sq Ft View Prior Sale
10/16/2015 10/16/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $550,000 -- $127 / 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 $19,063 $1,076,863 -- --
2024 $17,324 $978,967 -- --
2023 $17,324 $889,970 $0 $0
2022 $15,784 $809,064 $0 $0
2021 $13,780 $735,513 $255,017 $480,496
2020 $13,257 $711,034 $225,015 $486,019
2019 $12,645 $716,558 $225,015 $491,543
2018 $10,951 $596,708 $210,014 $386,694
2017 $8,470 $487,220 $0 $0
2016 $8,437 $477,199 $0 $0
2015 $8,588 $473,882 $0 $0
2014 $8,693 $470,122 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10511477

MIAMI REALTORS® MLS

APN: 33-5027-042-0040