NOT LISTED FOR SALE

21470 SW 88th Ave Cutler Bay, FL 33189

Estimated Value: $439,000 - $506,000

3 Beds
2 Baths
1,260 Sq Ft
$378/Sq Ft Est. Value

Last Sold June 25, 2014

Last sale price $130,000 $103 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $3,014/month

170 Days on Market

Highlights

  • Tennis Courts
  • Storage Room
  • 1-Story Property
  • Patio
  • Tile Flooring
  • Awning

About This Home

As of June 2014

This is a Fannie Mae HomePath property. Considering the neighborhood, this house could be an excellent first home or investment with work to bring it back to life. Property square footage is larger than many in the area, and this house has a large back yard dominated by a beautiful Poinciana tree. Convenient access to the Florida Turnpike and US 1 and the amenities of Lakes by the Bay. Low quarterly HOA payment of just $105.

Last Agent to Sell the Property

Robert Bishopric

MMLS Assoc.-Inactive Member License #3187711 Listed on: 12/03/2013

Last Buyer's Agent

Carolina Torres

Best American Realty Corp License #3092062

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $920

Year Built

  • Built in 1996

Lot Details

  • 4,683 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 10/S FM

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Awning
  • Storage Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Schools

  • Centennial Middle School
  • Miami Southridge High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36-60-16-006-0330

Community Details

Overview

  • Lakes By The Bay Sec 11,Lakes By The Bay Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$920

Year Built

Built in 1996

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: LAKES BY THE BAY SEC 11,LAKES BY THE BAY
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1260
  • Possible Use: Unknown/Withheld
  • Window Features: Awning
  • Bedroom Features: Primary Bedroom Ground Level
  • Living Room Features: Storage Room

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKES BY THE BAY SEC 11
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association Fee: 105
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Tennis Court(s)
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • High School: Miami Southridge
  • Middle Or Junior School: Centennial

Lot Info

  • Parcel Number: 36-60-16-006-0330
  • Lot Size Sq Ft: 4683
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2017
Sold by
Arecar Group Inc
Bought by
Gloval Ipg Development Corp
Current Estimated Value
$476,665

Purchase Details

Listed on
Dec 3, 2013
Closed on
Jun 25, 2014
Sold by
Federal National Mortgage Association
Bought by
Arecar Group Inc
Seller's Agent
Robert Bishopric
MMLS Assoc.-Inactive Member
Buyer's Agent
Carolina Torres
Best American Realty Corp
List Price
$179,900
Sold Price
$130,000
Premium/Discount to List
-$49,900
-27.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.13%

Purchase Details

Closed on
Oct 3, 2013
Sold by
Abbasi Koorosh
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 11, 2003
Sold by
Abbasi Nahid
Bought by
Abbasi Nahid and Abbasi Koorosh

Purchase Details

Closed on
Oct 6, 1997
Sold by
Lisa and Morris Stewart P
Bought by
Abbasi Nahid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,403
Interest Rate
7.46%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 1996
Sold by
Lennar Homes Inc
Bought by
Morris Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,850
Interest Rate
7.77%
Mortgage Type
FHA
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
Gloval Ipg Development Corp $137,100 None Available
Arecar Group Inc $130,000 Attorney
Federal National Mortgage Association $118,300 None Available
Abbasi Nahid $65,000 --
Abbasi Nahid $102,500 --
Morris Lisa $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Lisa $135,000
Previous Owner Morris Lisa $30,200
Previous Owner Morris Lisa $102,403
Previous Owner Morris Lisa $89,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2014 06/25/14 Sold $130,000 -3.6% $103 / Sq Ft
05/23/2014 05/23/14 Pending -- -- --
04/30/2014 04/30/14 Price Changed $134,900 -6.9% $107 / Sq Ft
03/06/2014 03/06/14 Price Changed $144,900 -6.5% $115 / Sq Ft
02/04/2014 02/04/14 Price Changed $154,900 -6.1% $123 / Sq Ft
01/02/2014 01/02/14 Price Changed $164,900 -8.3% $131 / Sq Ft
12/03/2013 12/03/13 For Sale $179,900 -- $143 / 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 $5,746 $280,256 -- --
2024 $5,290 $254,779 -- --
2023 $5,290 $231,618 $0 $0
2022 $4,676 $210,562 $0 $0
2021 $4,027 $191,420 $91,830 $99,590
2020 $3,725 $176,661 $75,760 $100,901
2019 $3,725 $177,971 $75,760 $102,211
2018 $3,568 $174,690 $71,168 $103,522
2017 $3,145 $146,710 $0 $0
2016 $2,914 $133,373 $0 $0
2015 $2,709 $121,249 $0 $0
2014 -- $99,904 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1876334

MIAMI REALTORS® MLS

APN: 36-6016-006-0330