NOT LISTED FOR SALE

16435 SW 88th Ave Palmetto Bay, FL 33157

Estimated Value: $1,491,730 - $1,877,000

5 Beds
4 Baths
4,293 Sq Ft
$380/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $625,000 $146 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $9,387/month

3 Days on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • No HOA
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • Garden View
  • Den

About This Home

As of November 2012

Spacious home with high ceilings in Palmetto Bay's sought-after "The Landing". This home has it all! Elec gates, fireplace, generator, gorgeous gourmet kitchen w/granite counters, breakfast area, formal dining rm, family rm, all main rooms surround the po ol and covered patio areas, laundry rm, hurricane shutters & 2 car garage. One side of the home would be perfect for in-law/teens or guest quarters. Pls see our attachment for complete details.

Last Agent to Sell the Property

Deborah Preston

Brown Harris Stevens License #0321406 Listed on: 10/30/2012

Brown Harris Stevens

Co-Listed By

Nancy Hogan

Douglas Elliman License #0197611

Last Buyer's Agent

Ira Schwartz

MMLS Assoc.-Inactive Member License #3080155

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,973

Year Built

  • Built in 1989

Lot Details

  • 0.44 Acre Lot
  • West Facing Home
  • Fenced
  • Property is zoned 21/EST 1

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,293 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Paddle Fans
  • Fireplace
  • Casement Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom Access
  • Security System Owned
  • Fire and Smoke Detector

Accessible Home Design

  • Wheelchair Adaptable
  • Handicap Accessible

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • The Landings Sec 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-28-057-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,973

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: FROM EITHER S DIXIE HWY OR OLD CUTLER ROAD TURN AT SW 168 ST. AT 87 AVE, HEAD NORTH. LEFT AT SW 164 ST. AT 88 AVE MAKE LEFT ON LEFT CORNER.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: THE LANDINGS SEC 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Entrance Foyer, Handicap Accessible, Vaulted Ceiling(s), Volume Ceilings, Den/Library/Office, Family Room
  • Spa Yn: Yes
  • Accessibility Features: Handicap Accessible, Wheelchair Designed
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 4293
  • Other Equipment: Intercom
  • Possible Use: Primary
  • Window Features: Hurricane Shutters, Casement
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room

Exterior Features

  • Roof: Barrel Roof
  • View: Garden, Pool
  • Exterior Features: Lighting, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE LANDINGS SEC 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 33-50-28-057-0010
  • Lot Size Sq Ft: 19300
  • Zoning: 21/EST 1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2012
Closed on
Nov 30, 2012
Sold by
Metro Life Worship Center Of Miami Inc
Bought by
Tran Phung and Nguyen Khanh
Seller's Agent
Deborah Preston
Brown Harris Stevens
Buyer's Agent
Ira Schwartz
MMLS Assoc.-Inactive Member
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%
Current Estimated Value
$1,631,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,006,433
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Mar 20, 2004
Sold by
Metro Life Worship Center Inc
Bought by
Alessi J Stephen and Alessi Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 18, 2004
Sold by
Gold Coast Christian Ministries
Bought by
Metro Life Worship Center

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 27, 1993
Sold by
Alessi J Stephen and Alessi Mary E
Bought by
Gold Coast Christian Ministres Inc

Purchase Details

Closed on
Aug 4, 1993
Sold by
Alessi J Stephen and Alessi Mary E
Bought by
Republic Security Bk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.26%
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
Tran Phung -- Attorney
Alessi J Stephen $90,600 Mortgage Information Service
Metro Life Worship Center -- --
Gold Coast Christian Ministres Inc $600 --
Republic Security Bk -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alessi J Stephen $300,000
Previous Owner Republic Security Bk $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2012 11/30/12 Sold $625,000 -3.7% $146 / Sq Ft
11/03/2012 11/03/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $649,000 -- $151 / 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 $9,973 $590,584 -- --
2024 $9,588 $573,940 -- --
2023 $9,588 $557,224 $0 $0
2022 $9,258 $540,995 $0 $0
2021 $9,250 $525,238 $0 $0
2020 $9,069 $517,987 $0 $0
2019 $8,866 $506,342 $0 $0
2018 $8,487 $496,901 $0 $0
2017 $8,461 $486,681 $0 $0
2016 $8,427 $476,671 $0 $0
2015 $8,578 $473,358 $0 $0
2014 $8,683 $469,602 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1707644

MIAMI REALTORS® MLS

APN: 33-5028-057-0010