NOT LISTED FOR SALE

16921 SW 87th Ct Palmetto Bay, FL 33157

Estimated Value: $1,000,000 - $1,070,000

4 Beds
3 Baths
2,332 Sq Ft
$442/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $550,000 $236 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,215/month

77 Days on Market

Highlights

  • In Ground Pool
  • Home fronts a canal
  • Circular Driveway
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • No HOA
  • Partial Panel Shutters or Awnings

About This Home

As of August 2020

This 4/3 Palmetto Bay oasis has it all! Fish, kayak and paddle board in your own backyard. Gaze out at the peaceful canal, sparkling pool and covered patio from the living room sofa. The kitchen with stainless appliances and granite counters open to the family room for great entertaining. The spacious master suite suite has a sitting area, beautiful bath and French doors opening to the patio. Tiled throughout and move-in ready. It has a large lot, room for a boat, circular drive and 2 car garage.

Last Agent to Sell the Property

Cathleen Fox

Coldwell Banker Realty License #3078407 Listed on: 02/20/2020

Coldwell Banker Realty

Last Buyer's Agent

Abel Gilbert

EXP Realty South LLC License #3098432

EXP Realty South LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,417

Year Built

  • Built in 1969

Lot Details

  • 0.35 Acre Lot
  • Home fronts a canal
  • West Facing Home
  • Property is zoned 2100

Parking

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

Home Design

  • Flat Tile Roof

Interior Spaces

  • 2,332 Sq Ft Home
  • 1-Story Property
  • Blinds
  • French Doors
  • Family Room
  • Combination Dining and Living Room
  • Tile Flooring
  • Canal Views
  • Partial Panel Shutters or Awnings

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Maral Ests Sec 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-33-019-0280

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,417

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: From SW 168 Street, go south on 87 Court.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: MARAL ESTS SEC 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • 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, French Doors, Family Room
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2332
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Partial Panel Shutters/Awnings, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Family Room
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only

Exterior Features

  • Roof: Flat Tile
  • View: Canal
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-33-019-0280
  • Lot Size Sq Ft: 15128
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6417

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Aug 7, 2020
Sold by
Bracci Scott and Rediger Angela
Bought by
Heredia Jimmy D
Seller's Agent
Cathleen Fox
Coldwell Banker Realty
Buyer's Agent
Abel Gilbert
EXP Realty South LLC
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Current Estimated Value
$1,030,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,928
Avg. Annual Appreciation
12.90%
Original Mortgage
$440,000
Outstanding Balance
$390,311
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$640,617

Purchase Details

Listed on
Jul 17, 2013
Closed on
Dec 20, 2013
Sold by
Borges Daniel and Borges Elizabeth
Bought by
Bracci Scott and Rediger Angela
Seller's Agent
Ana Maria Relayze
Century 21 World Connection
Buyer's Agent
Cathleen Fox
Coldwell Banker Realty
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$403,750
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2005
Sold by
Graham Ventures Miami Inc
Bought by
Borges Daniel and Borges Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
5.99%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 20, 2005
Sold by
Ferguson Larry E and Ferguson Kathryn C
Bought by
Graham Ventures Miami Inc

Purchase Details

Closed on
Jul 16, 1996
Sold by
Andrew T Gerrits Tr
Bought by
Ferguson Larry E and Ferguson Kathryn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 1995
Sold by
Beland Kenneth A
Bought by
Gerrits Tr Andrew T

Purchase Details

Closed on
Sep 8, 1995
Sold by
Moya Adelfo and Moya Carmelina
Bought by
Beland Kenneth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.76%

Purchase Details

Closed on
Jul 11, 1995
Sold by
Clerk Circuit Court
Bought by
Moya Adelof and Moya Carmelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.76%
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
Heredia Jimmy D $550,000 A & A Title Services Llc
Bracci Scott $400,000 Southern Title Group Inc
Borges Daniel $595,000 Cornerstone Title & Escrow S
Graham Ventures Miami Inc $480,000 Dba Cybercloser.Com
Ferguson Larry E $157,500 --
Gerrits Tr Andrew T $150,000 --
Beland Kenneth A $175,000 --
Moya Adelof -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heredia Jimmy D $440,000
Previous Owner Bracci Scott $403,750
Previous Owner Borges Daniel $476,000
Previous Owner Gerrits Tr Andrew T $150,000
Previous Owner Gerrits Tr Andrew T $100,000
Previous Owner Beland Kenneth A $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2020 08/07/20 Sold $550,000 -4.3% $236 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $575,000 +43.8% $247 / Sq Ft
12/20/2013 12/20/13 Sold $400,000 -4.8% $138 / Sq Ft View Prior Sale
08/26/2013 08/26/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $420,000 +5.0% $145 / Sq Ft
07/18/2013 07/18/13 Off Market $400,000 -- --
07/17/2013 07/17/13 For Sale $420,000 -- $145 / 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 $8,733 $517,216 -- --
2024 $8,377 $502,640 -- --
2023 $8,377 $488,000 $0 $0
2022 $8,083 $473,787 $0 $0
2021 $8,054 $459,075 $0 $0
2020 $6,566 $378,647 $0 $0
2019 $6,418 $370,134 $0 $0
2018 $6,137 $363,233 $0 $0
2017 $6,116 $355,762 $0 $0
2016 $6,082 $348,445 $0 $0
2015 $6,188 $346,023 $0 $0
2014 $7,005 $342,442 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10820993

MIAMI REALTORS® MLS

APN: 33-5033-019-0280