NOT LISTED FOR SALE

7241 SW 168th St Palmetto Bay, FL 33157

Estimated Value: $2,569,986

-- Bed
-- Bath
6,332 Sq Ft
$406/Sq Ft Est. Value

About This Home

This home is located at 7241 SW 168th St, Palmetto Bay, FL 33157 and is currently estimated at $2,569,986, approximately $405 per square foot. 7241 SW 168th St 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2019
Sold by
Foster Earl M and Foster Nancy R
Bought by
Miami Dade County
Current Estimated Value
$2,569,986

Purchase Details

Closed on
Mar 2, 1998
Sold by
Fergis & Fergis Envestments Inc
Bought by
Foster Earl M and Foster Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 1996
Sold by
Vernon William G
Bought by
Fergis & Fergis Investments Inc

Purchase Details

Closed on
Aug 8, 1994
Sold by
Vernon William G and Vernon Jane D
Bought by
Vernon William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.65%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Miami Dade County $1,315,000 Attorney
Foster Earl M $400,000 --
Fergis & Fergis Investments Inc $319,400 --
Vernon William G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fergis & Fergis Investments Inc $275,000
Previous Owner Vernon William G $300,000
Source: Public Records

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 -- $986,173 $451,500 $534,673
2024 -- $905,080 -- --
2023 $0 $822,800 $0 $0
2022 $0 $748,000 $0 $0
2021 $0 $680,000 $451,500 $228,500
2020 $0 $680,000 $451,500 $228,500
2019 $2,813 $680,000 $451,500 $228,500
2018 $11,951 $680,000 $361,200 $318,800
2017 $12,180 $680,000 $0 $0
2016 $12,439 $680,000 $0 $0
2015 $12,768 $680,000 $0 $0
2014 $12,290 $641,000 $0 $0
Source: Public Records

Map

Florida Miami/Dade County Palmetto Bay 33157

7241 SW 168th St, Palmetto Bay, FL

This home is located at 7241 SW 168th St, Palmetto Bay, FL 33157 and is currently estimated at $2,569,986, approximately $405 per square foot. 7241 SW 168th St 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.

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