NOT LISTED FOR SALE

7240 SW 164th Terrace Palmetto Bay, FL 33157

Estimated Value: $1,721,000 - $1,924,000

4 Beds
4 Baths
3,452 Sq Ft
$525/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $1,100,000 $319 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $10,783/month

28 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Vaulted Ceiling
  • Coral Reef Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Wood Flooring

About This Home

As of December 2020

You must see this BRAND NEW & Beautiful 2020 home near the Deering Estate. Built to "fit the neighborhood" & with a great floor plan, this home has a great contemporary design without the boxy look of most new construction. 3 Bedrooms up & 1 down, perfect as an office or for guests. Bold features include glass stair railings, a gorgeous Venetian plaster wall, stylish 32x32 porcelain floors in living areas & European white oak upstairs. 12' ceilings down, 10' up & 8' doors. Impact glass throughout. The kitchen, complete with quartz counter-tops, glass backsplashes & high-end stainless appliances, is totally open to the family room & wall of glass to the yard & marble coped pool. Plus 475 SF of covered balconies & patio, a 2-car garage, LED lighting, built-in closets, & so much more.

Last Agent to Sell the Property

Chris Crystal

Miami Real Estate Company License #0485590 Listed on: 10/30/2020

Last Buyer's Agent

Margaret Moreira

Mitchell International Rlty License #0641681

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,324

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 7,200 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 2600

Parking

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

Property Views

  • Garden
  • Pool

Home Design

  • Flat Tile Roof
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,452 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Sliding Windows
  • Family Room
  • Formal Dining Room
  • Laundry in Utility Room

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Home Security

  • High Impact Windows
  • High Impact Door

Accessible Home Design

  • Accessible Hallway
  • Accessible Entrance

Eco-Friendly Details

  • Certified Watt-Wise
  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation

Outdoor Features

  • In Ground Pool
  • Balcony
  • Exterior Lighting
  • Porch

Schools

  • Coral Reef Elementary School
  • Southwood Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Roberts Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-26-003-0211

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,324

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: Old Cutler Rd to 164th Terrace, east to home
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: ROBERTS SUB
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: Built-in Features, Closet Cabinetry, Volume Ceilings, Walk-In Closet(s), Family Room, Utility Room/Laundry
  • Spa Yn: No
  • Accessibility Features: Accessible Entrance, Accessible Hallway(s)
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 3452
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Formal Dining, Snack Bar/Counter
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Concrete, Flat Tile
  • View: Garden, Pool
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ROBERTS SUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Coral Reef
  • High School: Miami Palmetto
  • Middle Or Junior School: Southwood

Lot Info

  • Parcel Number: 33-50-26-003-0211
  • Lot Size Sq Ft: 7200
  • Zoning: 2600
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Lighting, Water Heater, WattWise

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2324

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Dec 28, 2020
Sold by
Old Cutler Properties Llc
Bought by
Ridley Jon and Salas Nattalia
Seller's Agent
Chris Crystal
Miami Real Estate Company
Buyer's Agent
Margaret Moreira
Mitchell International Rlty
List Price
$1,178,865
Sold Price
$1,100,000
Premium/Discount to List
-$78,865
-6.69%
Current Estimated Value
$1,811,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$711,242
Avg. Annual Appreciation
10.95%
Original Mortgage
$880,000
Outstanding Balance
$785,265
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,025,977

Purchase Details

Closed on
Apr 15, 2004
Sold by
Lestino John R and Lestino Ledya
Bought by
Old Cutler Properties Llc
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
Ridley Jon $1,100,000 Realty Title Services Inc
Old Cutler Properties Llc $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridley Jon $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $1,100,000 -6.7% $319 / Sq Ft
10/28/2020 10/28/20 For Sale $1,178,865 -- $342 / 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 $15,412 $912,433 -- --
2024 $14,901 $886,719 -- --
2023 $14,901 $860,893 $0 $0
2022 $14,413 $835,819 $0 $0
2021 $14,425 $811,475 $136,800 $674,675
2020 $2,069 $115,200 $115,200 $0
2019 $1,993 $115,200 $115,200 $0
2018 $1,840 $115,200 $115,200 $0
2017 $1,780 $89,285 $0 $0
2016 $1,734 $81,169 $0 $0
2015 $1,536 $73,790 $0 $0
2014 $1,325 $67,082 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Crystal

    Seller's Agent in 2020

    Chris Crystal

    Miami Real Estate Company

    (305) 773-8118

    2 in this area

    43 Total Sales

    Chris Crystal
    Section Image
  • Margaret Moreira

    Buyer's Agent in 2020

    Margaret Moreira

    Mitchell International Rlty

    (305) 926-5526

    1 in this area

    15 Total Sales

    Margaret Moreira
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10950163

MIAMI REALTORS® MLS

APN: 33-5026-003-0211

Florida Miami/Dade County Palmetto Bay 33157

7240 SW 164th Terrace, Palmetto Bay, FL

This home is located at 7240 SW 164th Terrace, Palmetto Bay, FL 33157 since 30 October 2020 and is currently estimated at $1,811,242, approximately $524 per square foot. This property was built in 2020. 7240 SW 164th 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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