NOT LISTED FOR SALE

7370 SW 170th Terrace Palmetto Bay, FL 33157

Estimated Value: $1,519,000 - $1,731,000

6 Beds
5 Baths
3,934 Sq Ft
$418/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $825,000 $210 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $10,157/month

202 Days on Market

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Vaulted Ceiling
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • Gated Community
  • 4-minute walk to Deering Point

About This Home

As of February 2020

Tucked behind the gates of the private community of Old Cutler Palms, you will find this expansive, 6 bdrm, 5 bath, 2-story home. Formal living and dining rooms. Open kitchen/family room with flexible floor plan including 3 bedrooms downstairs, 3 bedroom suites upstairs including huge master with sitting area and balcony overlooking the backyard. Volume ceilings, fantastic natural light. Beautiful backyard with pool and partially covered patio, outdoor lighting for evening entertaining. Indoor laundry room. Two car garage. Close proximity to Deering Estate. If you’re looking for a grand home in a secure community with low association fees…this is it.

Last Agent to Sell the Property

Drew Kern

BHHS EWM Realty License #0628522 Listed on: 05/15/2019

BHHS EWM Realty

Last Buyer's Agent

Arlene Mion

Keller Williams Realty Premier Properties License #3181801

Keller Williams Realty Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,687

Year Built

  • Built in 1993

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 126x116
  • North Facing Home
  • Fenced
  • Property is zoned 2100

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 3,934 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Blinds
  • Arched Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Partial Accordion Shutters

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 5 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio

Schools

  • Perrine Elementary School
  • Southwood Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 33-50-35-017-0190

Community Details

Overview

  • Old Cutler Palms,Old Cutler Palms Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,687

Year Built

Built in 1993

Lot Details

0

HOA Fees

$190 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: From Old Cutler Road, just south of SW 168 St, head west on 170 Ter. Enter gate and home is on the left.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Lot Size: 126x116
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: OLD CUTLER PALMS,Old Cutler Palms
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Laundry Tub, Pantry, Volume Ceilings, Walk-In Closet(s), Family Room, Utility Room/Laundry
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Entry Location: Foyer
  • Flooring: Carpet, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 3934
  • Possible Use: Unknown/Withheld
  • Window Features: Partial Accordian Shutters, Partial Panel Shutters/Awnings, Hurricane Shutters, Arched Windows, Blinds
  • 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: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Barrel Roof
  • View: None
  • Exterior Features: Open Balcony
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OLD CUTLER PALMS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

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

Condo/Co-op/Association

  • Association Fee: 190
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Perrine
  • High School: Miami Palmetto
  • Middle Or Junior School: Southwood

Lot Info

  • Parcel Number: 33-50-35-017-0190
  • Lot Size Sq Ft: 15209
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9687

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Feb 10, 2020
Sold by
Perez Ricardo J and Demartinez Maria De
Bought by
Peterson Christopher Scott and Peterson Emilia Maria
Seller's Agent
Drew Kern
BHHS EWM Realty
Buyer's Agent
Arlene Mion
Keller Williams Realty Premier Properties
List Price
$895,000
Sold Price
$825,000
Premium/Discount to List
-$70,000
-7.82%
Current Estimated Value
$1,645,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$820,843
Avg. Annual Appreciation
12.83%
Original Mortgage
$475,000
Outstanding Balance
$420,579
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,225,264

Purchase Details

Closed on
Jan 8, 1998
Sold by
Richard and Benitez Wanda
Bought by
Perez Ricardo J and Martinez Maria L

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
7.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Peterson Christopher Scott $825,000 A&A Title Services Llc
Perez Ricardo J $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Christopher Scott $475,000
Previous Owner Perez Ricardo J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2020 02/10/20 Sold $825,000 -4.6% $210 / Sq Ft
10/02/2019 10/02/19 Price Changed $865,000 -1.1% $220 / Sq Ft
06/13/2019 06/13/19 Price Changed $875,000 -2.2% $222 / Sq Ft
05/15/2019 05/15/19 For Sale $895,000 -- $228 / 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 $16,018 $948,279 -- --
2024 $15,493 $921,554 -- --
2023 $15,493 $894,713 $0 $0
2022 $14,987 $868,654 $317,194 $551,460
2021 $12,743 $678,137 $271,881 $406,256
2020 $11,681 $623,283 $211,463 $411,820
2019 $10,118 $575,945 $0 $0
2018 $9,687 $565,207 $0 $0
2017 $9,659 $553,582 $0 $0
2016 $9,626 $542,196 $0 $0
2015 $9,800 $538,428 $0 $0
2014 $9,921 $534,155 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10674130

MIAMI REALTORS® MLS

APN: 33-5035-017-0190