NOT LISTED FOR SALE

7281 SW 166th St Palmetto Bay, FL 33157

Estimated Value: $991,759 - $1,137,000

4 Beds
2 Baths
2,628 Sq Ft
$402/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $625,000 $238 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,667/month

9 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Coral Reef Elementary School Rated A
  • Awning
  • 1-Story Property

About This Home

As of October 2020

This is truly a rare find! A duplex in Palmetto Bay with prime location! In the beautiful area of the Dearing Estate, cultural asset and a destination for locals and tourists. Split floor plan, fantastic size bedrooms, open and large kitchens, and nice backyards. Plenty of parking space. Bright and light on a beautiful quiet street. 2 water meters, 2 power meters. Lush landscaped area with walking paths galore! Palmetto Bay is one of the best places to live in Florida.The village offers a sparse suburban feel, public & private schools are highly rated. Vibrant community with a balance of quality living and growth. Occupy or rent it out. A Win! Win! Long time tenants on month to month agreement. Call today for your private showing.

Last Agent to Sell the Property

Monica Bisbal-Gonzalez

Miami Portfolio Collection License #0648229 Listed on: 08/15/2020

Miami Portfolio Collection

Last Buyer's Agent

Diego Sirulnik

Florida Realty of Miami Corp License #3267174

Florida Realty of Miami Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,344

Year Built

  • Built in 1971

Lot Details

  • 10,019

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,628 Sq Ft Home
  • 1-Story Property
  • Awning
  • Sliding Windows
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Roberts Sub Condos
  • Roberts Sub,Palmetto Bay Subdivision, Duplex Floorplan

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 33-50-26-003-0170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,344

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: Going south on Old Culter Road, turn left onto SW 166 ST. Property is on the left.
  • Horses: No
  • Master Model: DUPLEX
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: ROBERTS SUB,PALMETTO BAY
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Ceramic Floor
  • Living Area: 2628
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Awning, Sliding

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ROBERTS SUB
  • Total Parking Spaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-26-003-0170
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7344

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2020
Closed on
Oct 15, 2020
Sold by
Ayala Patricia
Bought by
Koba Group Llc
Seller's Agent
Monica Bisbal-Gonzalez
Miami Portfolio Collection
Buyer's Agent
Diego Sirulnik
Florida Realty of Miami Corp
List Price
$657,900
Sold Price
$625,000
Premium/Discount to List
-$32,900
-5%
Current Estimated Value
$1,055,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,940
Avg. Annual Appreciation
10.97%
Original Mortgage
$434,000
Outstanding Balance
$385,316
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$670,624

Purchase Details

Closed on
Dec 6, 2019
Sold by
Ayala Julia
Bought by
Ayala Julia and Ayala Patricia
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
Koba Group Llc $625,000 Ads Title Services
Ayala Julia -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koba Group Llc $434,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $625,000 -5.0% $238 / Sq Ft
08/15/2020 08/15/20 For Sale $657,900 0.0% $250 / Sq Ft
10/23/2012 10/23/12 Rented $18,600 +1062.5% --
09/23/2012 09/23/12 Under Contract -- -- --
08/06/2012 08/06/12 For Rent $1,600 -- --
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 $13,551 $721,804 -- --
2024 $11,978 $656,186 -- --
2023 $11,978 $596,533 $0 $0
2022 $10,996 $542,303 $0 $0
2021 $9,880 $493,003 $190,000 $303,003
2020 $7,311 $353,077 $160,000 $193,077
2019 $7,344 $354,667 $160,000 $194,667
2018 $7,189 $356,257 $160,000 $196,257
2017 $7,173 $342,805 $0 $0
2016 $6,854 $311,641 $0 $0
2015 $6,482 $283,310 $0 $0
2014 $5,816 $257,555 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Monica Bisbal-Gonzalez

    Seller's Agent in 2020

    Monica Bisbal-Gonzalez

    Miami Portfolio Collection

    (305) 570-4305

    1 in this area

    17 Total Sales

    Monica Bisbal-Gonzalez
    Section Image

  • D

    Buyer's Agent in 2020

    Diego Sirulnik

    Florida Realty of Miami

    (786) 859-6440

    7 Total Sales

    Diego Sirulnik
    Section Image

  • D

    Seller's Agent in 2012

    Dalila Maya

    Coldwell Banker Realty

    (786) 357-1108

    1 Total Sale

    Dalila Maya
    Section Image

  • L

    Seller Co-Listing Agent in 2012

    Linda Kantrowitz

    MMLS Assoc.-Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10910865

MIAMI REALTORS® MLS

APN: 33-5026-003-0170

Florida Miami/Dade County Palmetto Bay 33157

7281 SW 166th St, Palmetto Bay, FL

This home is located at 7281 SW 166th St, Palmetto Bay, FL 33157 since 15 August 2020 and is currently estimated at $1,055,940, approximately $401 per square foot. This property was built in 1971. 7281 SW 166th 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.

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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