NOT LISTED FOR SALE

21551 SW 88th Ave Cutler Bay, FL 33189

Estimated Value: $459,000 - $573,000

3 Beds
2 Baths
1,583 Sq Ft
$320/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $214,000 $135 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,342/month

21 Days on Market

Highlights

  • Fitness Center
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Clubhouse
  • 1-Story Property
  • Southwest Facing Home

About This Home

As of August 2015

This home is located at 21551 SW 88th Ave, Cutler Bay, FL 33189 since 27 May 2015 and is currently estimated at $506,212, approximately $319 per square foot. This property was built in 1996. 21551 SW 88th Ave is a home located in Miami-Dade County with nearby schools including Dr. Edward L. Whigham Elementary School, Cutler Bay Middle, and Arthur And Polly Mays Conservatory Of The Arts.

Last Agent to Sell the Property

Roxy Graves, PA

Capital Homes Inc License #3238369 Listed on: 05/27/2015

Capital Homes Inc

Last Buyer's Agent

Roxy Graves, PA

Capital Homes Inc License #3238369 Listed on: 05/27/2015

Capital Homes Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,707

Year Built

  • Built in 1996

Lot Details

  • 4,120 Sq Ft Lot
  • Southwest Facing Home
  • Property is zoned 10/S FM

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 1,583 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceramic Tile Flooring
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 36-60-16-006-0030

Community Details

Overview

  • Lakes By The Bay Sec 11 Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,707

Year Built

Built in 1996

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, 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
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Partially Furnished
  • Living Area: 1583
  • Possible Use: Primary
  • Bedroom Features: Other
  • Living Room Features: Other

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: None
  • Exterior Features: None
  • Direction Faces: Southwest
  • Lot Features: Less Than 1/4 Acre Lot
  • 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
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Clubhouse, Exercise Room
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 36-60-16-006-0030
  • Lot Size Sq Ft: 4120
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1707

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Aug 3, 2015
Sold by
Allen Tara
Bought by
Molina Elizabeth
Seller's Agent
Roxy Graves, PA
Capital Homes Inc
Buyer's Agent
Roxy Graves, PA
Capital Homes Inc
List Price
$234,000
Sold Price
$214,000
Premium/Discount to List
-$20,000
-8.55%
Current Estimated Value
$506,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,212
Avg. Annual Appreciation
8.79%
Original Mortgage
$195,970
Outstanding Balance
$154,599
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$351,613

Purchase Details

Closed on
Mar 3, 2011
Sold by
Rodriguez Luis and Rodriguez Maria
Bought by
Allen Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,451
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Rodriguez Luis and Rodriguez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,200
Interest Rate
6.34%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 3, 2008
Sold by
Morales Jose and Morales Jose A
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Dec 20, 2006
Sold by
Morales Jose
Bought by
Morales Jose and Morales Kervin

Purchase Details

Closed on
Jun 14, 2005
Sold by
Ahmed Elsayed Siddig and Bashir Suozan
Bought by
Morales Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 1996
Sold by
Lennar Homes Inc
Bought by
Ahmed Elsayed S and Bashir Suozan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,849
Interest Rate
7.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Molina Elizabeth $214,000 Attorney
Allen Tara $134,900 Attorney
Rodriguez Luis $146,500 Watson Title Ins Agency Inc
Deutsche Bank National Trust Co -- None Available
Morales Jose -- None Available
Morales Jose $245,000 --
Ahmed Elsayed S $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Elizabeth $195,970
Previous Owner Allen Tara $131,451
Previous Owner Rodriguez Luis $117,200
Previous Owner Morales Jose $196,000
Previous Owner Ahmed Elsayed S $72,786
Previous Owner Ahmed Elsayed S $50,000
Previous Owner Ahmed Elsayed S $80,000
Previous Owner Ahmed Elsayed S $90,849
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2015 08/14/15 Sold $214,000 -8.5% $135 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $234,000 -- $148 / 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 $6,803 $202,847 -- --
2024 $6,568 $197,131 -- --
2023 $6,568 $191,390 $0 $0
2022 $6,405 $185,816 $0 $0
2021 $6,364 $180,404 $0 $0
2020 $6,300 $177,914 $0 $0
2019 $6,210 $173,914 $0 $0
2018 $6,067 $170,672 $0 $0
2017 $2,745 $167,162 $0 $0
2016 $2,709 $163,724 $0 $0
2015 $1,692 $106,752 $0 $0
2014 $1,707 $105,905 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Roxy Graves, PA

    Capital Homes Inc

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2121946

MIAMI REALTORS® MLS

APN: 36-6016-006-0030

Florida Miami/Dade County Cutler Bay 33189

21551 SW 88th Ave, Cutler Bay, FL

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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