$435,000
SOLD MAR 11, 2025

734 SW 8th Terrace Homestead, FL 33034

3 Beds
2 Baths
1,131 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$385 Per Sq Ft

4% Above List Price

33 Days on Market

Highlights

  • Gated Community
  • Patio
  • 1-Story Property
  • Views
  • Ceramic Tile Flooring
  • 4-minute walk to Loren Roberts Park

About This Home

As of March 2025

Excellent opportunity! Fully renovated single-family home. This property features 3 bedrooms, 2 bathrooms, and ceramic flooring throughout. The spacious kitchen is equipped with tile countertops and a backsplash. It offers a large living and dining area, as well as an interior laundry room. The master bedroom is generously sized and includes a walk-in closet. Enjoy a large, private, fenced backyard, perfect for outdoor entertaining. The home also boasts a wide driveway with ample space to park multiple vehicles

Last Agent to Sell the Property

Ruby Mantilla Chinchilla

Avanti Way Realty LLC Brokerage Phone: 305-988-6587 License #3468685 Listed on: 02/06/2025

Avanti Way Realty LLC

Last Buyer's Agent

Sasha Valdes

Real Broker LLC License #3532755

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,521

Year Built

  • Built in 2002

Lot Details

  • 5,000 Sq Ft Lot
  • Southwest Facing Home
  • Fenced
  • Property is zoned 9300

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,131 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 16-78-25-018-0370

Community Details

Overview

  • Villas Of Palm Bay Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,521

Year Built

Built in 2002

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: VILLAS OF PALM BAY
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-988-6587
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1131
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: Other
  • Exterior Features: Fruit Trees
  • Direction Faces: Southwest
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: VILLAS OF PALM BAY
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Other
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 16-78-25-018-0370
  • Lot Size Sq Ft: 5000
  • Zoning: 9300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4521

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Mar 7, 2025
Sold by
Garcia Luis Del Sol
Bought by
Morffi Gonzalez Andy
Seller's Agent
Ruby Mantilla Chinchilla
Avanti Way Realty LLC
Buyer's Agent
Sasha Valdes
Real Broker LLC
List Price
$420,000
Sold Price
$435,000
Premium/Discount to List
$15,000
3.57%
Views
41
Current Estimated Value
$428,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,393
Avg. Annual Appreciation
-6.14%
Original Mortgage
$10,000
Outstanding Balance
$8,764
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$415,622

Purchase Details

Closed on
Jul 31, 2018
Sold by
Pichardo Griselda Perez
Bought by
Garcia Luis Del Sol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,192
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jun 15, 2016
Sold by
Fannie Mae
Bought by
Pichardo Griselda Perez
Seller's Agent
Jennifer Thomson
Coldwell Banker Realty
Buyer's Agent
Yinelica Perez
Royal Palm Real Estate Services LLC
List Price
$89,900
Sold Price
$96,200
Premium/Discount to List
$6,300
7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.65%
Original Mortgage
$76,960
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2008
Sold by
Lavoy Luis E and Lavoy Daisy E
Bought by
Lavoy Joel and Ramon Yuneisys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 4, 2004
Sold by
Lavoy Joel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 18, 2003
Sold by
Citywide Development Corp
Bought by
Lavoy Luis E and Lavoy Daisy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,680
Interest Rate
6.24%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $435,000 The Closers Title Insurance Ag
Warranty Deed $155,000 Attorney
Special Warranty Deed $96,200 New House Title Llc
Warranty Deed $160,000 Envision Title Group
Trustee Deed $52,400 None Available
Warranty Deed $92,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000 New Conventional
Open $427,121 FHA
Previous Owner $11,072 FHA
Previous Owner $152,192 FHA
Previous Owner $151,192 FHA
Previous Owner $76,960 New Conventional
Previous Owner $128,000 Unknown
Previous Owner $49,680 Unknown
Closed $41,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Sold $435,000 +3.6% $385 / Sq Ft
02/06/2025 02/06/25 For Sale $420,000 +336.6% $371 / Sq Ft
06/17/2016 06/17/16 Sold $96,200 +7.0% $85 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $89,900 -- $79 / 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 $4,521 $196,438 -- --
2024 $4,203 $178,580 -- --
2023 $4,203 $162,346 $0 $0
2022 $3,704 $147,588 $0 $0
2021 $3,176 $134,171 $0 $0
2020 $2,927 $138,590 $35,448 $103,142
2019 $2,546 $110,886 $26,586 $84,300
2018 $2,092 $103,252 $26,586 $76,666
2017 $1,832 $80,453 $0 $0
2016 $1,907 $82,034 $0 $0
2015 $1,754 $74,577 $0 $0
2014 $457 $43,812 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11739866

MIAMI REALTORS® MLS

APN: 16-7825-018-0370