NOT LISTED FOR SALE

7406 SW 188th Ln Cutler Bay, FL 33157

Estimated Value: $1,402,000 - $1,452,554

7 Beds
6 Baths
5,047 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $899,500 $178 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $9,960/month

52 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Mangrove Front
  • Sitting Area In Primary Bedroom
  • Fitness Center
  • In Ground Pool
  • Gated Community

About This Home

As of April 2021

Stunning Florence Estate in the fabulous gated community of Cutler Cay. Spectacular home features 7 bedrooms, 6 bathrooms with a highly desirable floor plan. Updated with exquisite attention to detail and impeccable finishes. Magnificent kitchen w/ cozy eat-in area, island, granite counters and SS appliances. Master suite w/ sitting area, custom built in, dual walk in closets, amazing spa-bath retreat w/ roman tub. Private backyard has an oversized screened in pool and Jacuzzi w/ nature/water view. Perfect for family entertainment and relaxation. HOA includes 24/7 security guard entry, U-verse TV, ADT service and high speed Internet. Prestigious clubhouse offers gym, heated pool, playground, tennis and basketball courts. Resort-style living. Easy to show. This turnkey home is a must see!

Last Agent to Sell the Property

Serap Cardak

Coldwell Banker Realty License #3313433 Listed on: 01/22/2021

Coldwell Banker Realty

Last Buyer's Agent

Lindsay Garcia De Cardona

Redfin Corporation License #3375506

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,288

Year Built

  • Built in 2006

Lot Details

  • 0.35 Acre Lot
  • Property Fronts a Bay or Harbor
  • Northwest Facing Home
  • Property is zoned 2100

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,047 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Sliding Windows
  • Family Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

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

Home Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Mangrove Front
  • Screened Balcony
  • Exterior Lighting

Additional Features

  • Accessible Full Bathroom
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36-60-03-034-4600

Community Details

Overview

  • Cutler Cay,Cutler Cay Subdivision, Florence Floorplan
  • Mandatory home owners association
  • Maintained Community

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,288

Year Built

Built in 2006

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Carport Y N: Yes
  • Directions: South of Pinecrest and Palmetto Bay off of historic Old Cutler Road. Take Old Cutler Road and main entrance is located south of 184th St. To enter the community ask security for agent Serap Cardak.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Master Model: Florence
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CUTLER CAY,Cutler Cay
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Laundry Tub, Pantry, Roman Tub, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Family Room, Florida Room, Utility Room/Laundry
  • Accessibility Features: Accessible Full Bath
  • Full Bathrooms: 6
  • Total Bedrooms: 7
  • Flooring: Carpet, Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 5047
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Spa Features: Community
  • Window Features: Complete Accordian Shutters, Plantation Shutters, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Barrel Roof
  • View: Bay
  • Exterior Features: Lighting, Open Balcony, Screened Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Screened Porch
  • Pool Features: In Ground, Fenced, Screen Enclosure
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Mangrove Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CUTLER CAY
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Detached Carport, Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Clubhouse, Pool, Tennis Court(s), Exercise Room, Gated Community, Maintained Community, Management On Site, Mandatory Hoa, Sauna, Spa/Hot Tub
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 36-60-03-034-4600
  • Lot Size Sq Ft: 15284
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 13288

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Apr 14, 2021
Sold by
Richardson Shirley E and Peak Kim
Bought by
Dunmore Ian and Harvey Elizabeth
Seller's Agent
Serap Cardak
Coldwell Banker Realty
Buyer's Agent
Lindsay Garcia De Cardona
Redfin Corporation
List Price
$949,000
Sold Price
$899,500
Premium/Discount to List
-$49,500
-5.22%
Current Estimated Value
$1,437,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,389
Avg. Annual Appreciation
10.89%

Purchase Details

Listed on
Nov 2, 2017
Closed on
Jun 15, 2018
Sold by
Worldwide Properties Management S A
Bought by
Richardson Shirley E and Peak Kim
Seller's Agent
Serap Cardak
Coldwell Banker Realty
Buyer's Agent
Randy Ricks
MMLS Assoc.-Inactive Member
List Price
$835,000
Sold Price
$800,000
Premium/Discount to List
-$35,000
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$640,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2015
Sold by
Advanced Appraisal Group Sa
Bought by
Worldwide Properties Management Sa

Purchase Details

Closed on
Mar 14, 2011
Sold by
Zetzco Holdings Llc
Bought by
Advanced Appraisal Group Sa

Purchase Details

Closed on
Oct 25, 2010
Sold by
Aurora Loan Services Llc
Bought by
Schoket Bernice

Purchase Details

Closed on
Aug 30, 2010
Sold by
Nguyen Khanh
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Feb 23, 2010
Sold by
Schoket Bernice
Bought by
Zetzco Holdings Llc

Purchase Details

Closed on
Mar 6, 2006
Sold by
Shoma Development Corp
Bought by
Nguyen Khanh and Nguyen Mai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dunmore Ian $899,500 Perland T&E Svcs Corp
Richardson Shirley E $800,000 Attorney
Worldwide Properties Management Sa -- None Available
Advanced Appraisal Group Sa $485,000 Sunbelt Title Agency
Schoket Bernice $350,000 Title & Abstract Agency Of A
Aurora Loan Services Llc $286,100 None Available
Zetzco Holdings Llc $485,000 Sunbelt Title Agency
Nguyen Khanh $837,000 The Greater Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richardson Shirley E $640,000
Previous Owner Nguyen Khanh $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2021 04/14/21 Sold $899,500 -5.2% $178 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $949,000 +18.6% $188 / Sq Ft
06/15/2018 06/15/18 Sold $800,000 -4.2% $159 / Sq Ft View Prior Sale
05/04/2018 05/04/18 For Sale $835,000 0.0% $165 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
03/01/2018 03/01/18 Price Changed $835,000 -1.8% $165 / Sq Ft
11/01/2017 11/01/17 For Sale $850,000 -- $168 / 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 $23,812 $1,134,946 $398,720 $736,226
2024 $23,411 $1,150,321 -- --
2023 $23,411 $1,116,817 $364,544 $752,273
2022 $20,071 $893,007 $205,056 $687,951
2021 $13,900 $613,346 $0 $0
2020 $13,288 $604,878 $108,224 $496,654
2019 $13,091 $610,262 $108,224 $502,038
2018 $12,168 $533,397 $108,224 $425,173
2017 $12,185 $528,029 $0 $0
2016 $12,114 $515,002 $0 $0
2015 $11,056 $442,861 $0 $0
2014 $10,453 $402,601 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10986692

MIAMI REALTORS® MLS

APN: 36-6003-034-4600