NOT LISTED FOR SALE

7027 SW 148th Terrace Palmetto Bay, FL 33158

Deering Bay Neighborhood

Estimated Value: $1,287,000 - $1,794,000

3 Beds
2 Baths
3,109 Sq Ft
$480/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $375,000 $121 Per Sq Ft

Est. 298% increase in value since last sale

Current estimated payment $9,529/month

220 Days on Market

Highlights

  • In Ground Pool
  • Garden View
  • 2 Car Attached Garage
  • Coral Reef Elementary School Rated A
  • No HOA
  • Terrazzo Flooring

About This Home

As of June 2012

"PENDING BUYER'S SIGNATURES ON THE RELEASE & CANCELLATION" BANK HAS AGREED TO HAVE AN APPROVAL FOR $396,000.00***"Back on the Market" Let's deal...PALMETTO BAY, GORGEOUS POOL HOME, CABANA WITH BATHROOM FOR GUESTS, HOUSE HAS BEEN KEPT AS ORIGINALLY BUILT.. . THIS IS INTENDED TO B SHORT SALE, ALL FINAL FIGURES TO BE APPROVED BY SELLER'S LENDING INSTITUTION INCL. CO-BROKERING COMMISSION.

Last Agent to Sell the Property

Tony Diaz

MMLS Assoc.-Inactive Member License #0706132 Listed on: 07/22/2011

Last Buyer's Agent

Alberto Pascual

Excell Homes Realty, LLC License #SEF:3161298

Excell Homes Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,162

Year Built

  • Built in 1969

Lot Details

  • 0.49 Acre Lot
  • South Facing Home
  • Property is zoned 22/EST 2

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Bahama Roof
  • Concrete Block And Stucco Construction
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,109 Sq Ft Home
  • 1-Story Property
  • Family Room

Flooring

  • Carpet
  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Old Cutler Ests Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-23-020-0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,162

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
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: OLD CUTLER ESTS SEC 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Other, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Floor, Terrazzo
  • Furnished: Unfurnished
  • Living Area: 3109
  • Possible Use: Primary
  • Bedroom Features: Entry Level, At Least 1 Bedroom Ground Level
  • Living Room Features: Family Room

Exterior Features

  • Roof: Bahama
  • View: Garden, Pool
  • Exterior Features: Other
  • Construction Type: CBS Construction, Pre-Cast Concrete Construction
  • Direction Faces: South
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Features: In Ground, Screen Enclosure
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OLD CUTLER ESTS SEC 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Other

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: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-23-020-0040
  • Lot Size Sq Ft: 21307
  • Zoning: 22/EST 2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2009
  • Tax Annual Amount: 9162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2011
Closed on
Jun 29, 2012
Sold by
Jose R Sanchez R and Jose Lilliam T
Bought by
Gregory James G
Seller's Agent
Tony Diaz
MMLS Assoc.-Inactive Member
Buyer's Agent
Alberto Pascual
Excell Homes Realty, LLC
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$1,493,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,118,290
Avg. Annual Appreciation
10.52%
Original Mortgage
$300,000
Outstanding Balance
$209,438
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$1,191,619

Purchase Details

Closed on
May 16, 2006
Sold by
Dunlop Donald and Dunlop Maxine
Bought by
Sanchez Jose R and Tiffer Sanchez Lilliam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
1%
Mortgage Type
Negative Amortization
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
Gregory James G $375,000 --
Sanchez Jose R $610,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory James G $300,000
Previous Owner Sanchez Jose R $94,500
Previous Owner Sanchez Jose R $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2012 06/29/12 Sold $375,000 0.0% $121 / Sq Ft
02/28/2012 02/28/12 Pending -- -- --
07/22/2011 07/22/11 For Sale $375,000 -- $121 / 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 $16,701 $890,386 -- --
2024 $14,321 $809,442 -- --
2023 $14,321 $735,857 $0 $0
2022 $12,533 $668,961 $0 $0
2021 $11,478 $608,147 $340,912 $267,235
2020 $10,680 $567,606 $298,298 $269,308
2019 $10,725 $569,679 $298,298 $271,381
2018 $10,512 $571,753 $298,298 $273,455
2017 $10,731 $572,801 $0 $0
2016 $9,999 $520,729 $0 $0
2015 $9,328 $473,390 $0 $0
2014 $8,757 $433,852 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Tony Diaz

    MMLS Assoc.-Inactive Member

  • A

    Buyer's Agent in 2012

    Alberto Pascual

    Excell Homes Realty, LLC

    (786) 853-5797

    11 Total Sales

    Alberto Pascual
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1530138

MIAMI REALTORS® MLS

APN: 33-5023-020-0040

Florida Miami/Dade County Palmetto Bay 33158 Deering Bay

7027 SW 148th Terrace, Palmetto Bay, FL

This home is located at 7027 SW 148th Terrace, Palmetto Bay, FL 33158 since 22 July 2011 and is currently estimated at $1,493,290, approximately $480 per square foot. This property was built in 1969. 7027 SW 148th Terrace is a home located in Miami-Dade County with nearby schools including Coral Reef Elementary School, Southwood Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

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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