NOT LISTED FOR SALE

21562 SW 87th Place Cutler Bay, FL 33189

Estimated Value: $306,000 - $408,000

2 Beds
2 Baths
840 Sq Ft
$410/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $240,000 $286 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,176/month

8 Days on Market

Highlights

  • Vaulted Ceiling
  • Garden View
  • Community Pool
  • Soaking Tub in Primary Bathroom
  • End Unit
  • Complete Panel Shutters or Awnings

About This Home

As of August 2021

Two bedrooms, 2 bath townhouse located at Windy Pointe in beautiful Lakes by the Bay in Cutler Bay. Corner unit directly off the entrance of the community, so no speed bumps to deal with and very close to pool. Kitchen features stainless steel appliances. Low association and taxes. The interior is spacious with high ceilings and has an abundance of natural light. Fenced backyard with a storage room/laundry room. This highly desirable community is always clean and well maintained with a beautiful pool and clubhouse, playground, tennis courts and security. This home has 1 assigned parking space and plenty of guest parking available. Showings to begin Saturday July 17 NOON-3pm. CALL LA FOR SHOWING APPOINTMENT

Last Agent to Sell the Property

Joanne Jervis

Fortune Christie's Intl R.E. License #3130232 Listed on: 07/12/2021

Fortune Christie's Intl R.E.

Last Buyer's Agent

Mijail Bordon

Rejoice Realty Group, Inc. License #3455870

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,567

Year Built

  • Built in 1993

Lot Details

  • End Unit
  • Fenced

HOA Fees

  • $114 Monthly HOA Fees

Home Design

  • Cluster Home
  • Entry on the 1st floor

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Blinds
  • Tile Flooring
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36-60-16-003-0010

Community Details

Overview

  • Windy Pointe Condos
  • Lakes By The Bay Sec 9 Am,Lakes By The Bay Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Dogs Allowed

Building Details

  • Maintenance Expense $117

Security

  • Security Service
  • Complex Is Fenced
  • Complete Panel Shutters or Awnings
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,567

Year Built

Built in 1993

Lot Details

0

HOA Fees

$114 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Property Sub Type: Townhouse
  • Architectural Style: Corner Unit, Patio/Cluster
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: LAKES BY THE BAY SEC 9 AM,Lakes by the Bay
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Vaulted Ceiling(s), Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 840
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Complete Panel Shutters/Awnings, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Snack Bar/Counter
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Tub Only

Exterior Features

  • View: Garden View
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Windy Pointe
  • Parking Features: 1 Space, Assigned, Guest, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Complex Fenced, Other, Security Patrol

Condo/Co-op/Association

  • Association Fee: 114
  • Amenities: Child Play Area, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 36-60-16-003-0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2567

Multi Family

  • Maintenance Expense: 117

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Aug 31, 2021
Sold by
Inchautegui Ana Melissa Rivera
Bought by
Mendez Gloria Suarez and Fernandez Vazques Ronald
Seller's Agent
Joanne Jervis
Fortune Christie's Intl R.E.
Buyer's Agent
Mijail Bordon
Rejoice Realty Group, Inc.
List Price
$275,000
Sold Price
$240,000
Premium/Discount to List
-$35,000
-12.73%
Current Estimated Value
$344,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,024
Avg. Annual Appreciation
9.04%
Original Mortgage
$218,960
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2018
Sold by
Rivera Arturo
Bought by
Inchautegui Ana Melissa Rivera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,758
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 2003
Sold by
Espaillat Roberto and Gouvela Susan
Bought by
Rivera Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,250
Interest Rate
5.24%
Mortgage Type
Unknown

Purchase Details

Closed on
May 28, 1993
Sold by
Lennar Homes Inc
Bought by
Espaillat Roberto and Espaillat Griselle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,006
Interest Rate
7.43%
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
Mendez Gloria Suarez $240,000 Nationwide Title Group Llc
Suarez Mendez Gloria $240,000 New Title Company Name
Inchautegui Ana Melissa Rivera $135,000 Attorney
Rivera Arturo $85,000 Town & Country Title
Espaillat Roberto $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suarez Mendez Gloria $218,960
Previous Owner Inchautegui Ana Melissa Rivera $116,758
Previous Owner Rivera Arturo $80,250
Previous Owner Espaillat Roberto $62,006
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2021 08/31/21 Sold $240,000 -12.7% $286 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $275,000 0.0% $327 / Sq Ft
01/31/2020 01/31/20 Rented $1,550 0.0% --
01/14/2020 01/14/20 Under Contract -- -- --
01/06/2020 01/06/20 For Rent $1,550 -- --
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 $3,094 $204,686 -- --
2024 $2,880 $198,918 -- --
2023 $2,880 $193,125 $0 $0
2022 $2,764 $187,500 $0 $0
2021 $2,775 $139,150 $0 $0
2020 $2,567 $143,750 $0 $0
2019 $2,217 $115,000 $0 $0
2018 $2,014 $115,000 $0 $0
2017 $1,919 $92,407 $0 $0
2016 $1,698 $84,007 $0 $0
2015 $1,542 $76,370 $0 $0
2014 -- $72,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11069119

MIAMI REALTORS® MLS

APN: 36-6016-003-0010