NOT LISTED FOR SALE

16422 SW 74th Ct Palmetto Bay, FL 33157

Estimated Value: $968,000 - $1,032,000

3 Beds
2 Baths
1,415 Sq Ft
$706/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $700,000 $495 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,537/month

4 Days on Market

Highlights

  • RV or Boat Parking
  • Room in yard for a pool
  • No HOA
  • Coral Reef Elementary School Rated A
  • Garden View
  • Circular Driveway

About This Home

As of February 2022

Great opportunity to own this family home in Palmetto Bay close to Old Cutler Road. Very well-kept, home features 3 bedrooms 2 full bathroom. Spacious living room leading to the family room. Kitchen has maple wood cabinets with a sitting counter. Terrace area was converted to a 26X16 family room. It has an oversize circular driveway with plenty of space for several cars. Beautiful, fenced backyard with room for a boat, RV and a pool. Extra bonus, Gas Generator that will provide power for at least two weeks and shed. Don't miss the opportunity to live in a well-established neighborhood with A+ schools.

Last Agent to Sell the Property

Oraivis Otero

Avanti Way Realty LLC License #3390300 Listed on: 12/15/2021

Avanti Way Realty LLC

Last Buyer's Agent

Oraivis Otero

Avanti Way Realty LLC License #3390300 Listed on: 12/15/2021

Avanti Way Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,867

Year Built

  • Built in 1971

Lot Details

  • 0.38 Acre Lot
  • East Facing Home
  • Fenced
  • Property is zoned 2100

Parking

  • 2 Car Garage
  • Converted Garage
  • Circular Driveway
  • Open Parking
  • RV or Boat Parking

Home Design

  • Flat Tile Roof

Interior Spaces

  • 1,415 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Old Cutler South Sec 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-26-011-0190

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,867

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: OLD CUTLER SOUTH SEC 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Walk-In Closet(s), Family Room, Garage Converted
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1415
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level
  • Living Room Features: Family Room, Garage Converted

Exterior Features

  • Roof: Flat Tile
  • View: Garden
  • Exterior Features: Room For Pool
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Shed(s)
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: OLD CUTLER SOUTH SEC 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Rv/Boat Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-26-011-0190
  • Lot Size Sq Ft: 16705
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3867

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2021
Closed on
Feb 1, 2022
Sold by
Hegg Diana J
Bought by
Zambrana Michael
Seller's Agent
Oraivis Otero
Avanti Way Realty LLC
Buyer's Agent
Oraivis Otero
Avanti Way Realty LLC
List Price
$650,000
Sold Price
$700,000
Premium/Discount to List
$50,000
7.69%
Current Estimated Value
$999,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,385
Avg. Annual Appreciation
10.10%
Original Mortgage
$490,000
Outstanding Balance
$454,448
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$544,937
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
Zambrana Michael $700,000 Sunbelt Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zambrana Michael $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2022 02/01/22 Sold $700,000 +7.7% $495 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/15/2021 12/15/21 For Sale $650,000 -- $459 / 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 $14,861 $834,804 $584,675 $250,129
2024 $10,840 $855,003 $586,542 $268,461
2023 $10,840 $588,342 $412,165 $176,177
2022 $3,896 $234,282 $0 $0
2021 $3,867 $227,459 $0 $0
2020 $3,794 $224,319 $0 $0
2019 $3,706 $219,276 $0 $0
2018 $3,535 $215,188 $0 $0
2017 $3,518 $210,762 $0 $0
2016 $3,484 $206,428 $0 $0
2015 $3,540 $204,994 $0 $0
2014 $3,579 $203,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Oraivis Otero

    Seller's Agent in 2022

    Oraivis Otero

    Avanti Way Realty LLC

    (786) 543-6023

    2 in this area

    2 Total Sales

    Oraivis Otero
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11136765

MIAMI REALTORS® MLS

APN: 33-5026-011-0190

Florida Miami/Dade County Palmetto Bay 33157

16422 SW 74th Ct, Palmetto Bay, FL

This home is located at 16422 SW 74th Ct, Palmetto Bay, FL 33157 since 15 December 2021 and is currently estimated at $999,385, approximately $706 per square foot. This property was built in 1971. 16422 SW 74th Ct is a home located in Miami-Dade County with nearby schools including Coral Reef Elementary School, Southwood Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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