NOT LISTED FOR SALE

7408 SW 168th Terrace Palmetto Bay, FL 33157

Estimated Value: $1,256,000 - $1,537,000

4 Beds
3 Baths
3,417 Sq Ft
$421/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $570,000 $167 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $8,239/month

9 Days on Market

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Garden View
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • Vaulted Ceiling
  • Mediterranean Architecture

About This Home

As of November 2015

Desirable Palmetto Bay Mediterranean family home in a pristine location. Features include 4BD/3BA, 2 Car Garage, indoor laundry room,high volume ceilings, formal living/dining/family rooms, corian tops,double oven with a cook top, breakfast area, zoned a/ c, circular driveway, formal bar area with built ins, split floor plan. Large formal oversized master suit, bath includes double sinks, spa tub with a separate shower, large walk in closets. French doors overlook picturesque pool/patio area.

Last Agent to Sell the Property

Jack Mc Alister

One Sotheby's International Realty License #0550864 Listed on: 09/25/2015

One Sotheby's International Realty

Last Buyer's Agent

Jack Mc Alister

One Sotheby's International Realty License #0550864 Listed on: 09/25/2015

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,914

Year Built

  • Built in 1989

Lot Details

  • 0.34 Acre Lot
  • North Facing Home
  • Fenced
  • Property is zoned 21/EST 1

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,417 Sq Ft Home
  • 1-Story Property
  • Bar
  • Vaulted Ceiling
  • Double Hung Metal Windows
  • Vertical Blinds
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Storage Room
  • Security System Owned

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting

Schools

  • Southwood Middle School
  • Miami Palmetto High School

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Community Details

  • Banyan Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-35-014-0110

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,914

Year Built

Built in 1989

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Mediterranean
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: BANYAN WOODS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Electric Water Heater, Free-Standing Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Bar, Entrance Foyer, French Doors, Pantry, Split Bedroom, Volume Ceilings, Family Room, Storage
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 3417
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters, Double Hung Metal, Verticals
  • Bedroom Features: Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Family/Dining Combination, Formal Dining
  • Living Room Features: Family Room, Storage Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden, Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot, 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio, Screened Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BANYAN WOODS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Owned Burglar Alarm

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: No
  • Community Features: Other
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 33-50-35-014-0110
  • Lot Size Sq Ft: 15000
  • Zoning: 21/EST 1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5914

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2015
Closed on
Nov 4, 2015
Sold by
Brownell Joan and Edmands Anne Largay
Bought by
Hussaini Anayat and Hussaini Sheila M
Seller's Agent
Jack Mc Alister
One Sotheby's International Realty
Buyer's Agent
Jack Mc Alister
One Sotheby's International Realty
List Price
$599,900
Sold Price
$570,000
Premium/Discount to List
-$29,900
-4.98%
Current Estimated Value
$1,439,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$869,882
Avg. Annual Appreciation
9.73%

Purchase Details

Closed on
Apr 13, 2013
Sold by
Largay Rita A and Brownell Joan
Bought by
Brownell Joan and Edmands Anne Largay

Purchase Details

Closed on
May 22, 2007
Sold by
Largay Rita A
Bought by
Largay Rita A and Brownell Joan

Purchase Details

Closed on
Apr 6, 1999
Sold by
Michael and Marrou Kerry L
Bought by
Largay George H and Largay Rita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,800
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 1997
Sold by
Lemonis Leo M and Lemonis Sophia
Bought by
Marrou Michael and Marrou Kerry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 1995
Sold by
Tappin Anthony R and Tappin Rina
Bought by
Lemonis Leo M and Lemonis Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.72%
Mortgage Type
New Conventional
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
Hussaini Anayat $570,000 Attorney
Brownell Joan -- Attorney
Largay Rita A -- Attorney
Largay George H $326,000 --
Marrou Michael $322,000 --
Lemonis Leo M $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lemonis Leo M $262,300
Previous Owner Lemonis Leo M $260,800
Previous Owner Lemonis Leo M $280,000
Previous Owner Lemonis Leo M $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2015 11/06/15 Sold $570,000 -5.0% $167 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $599,900 -- $176 / 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 $8,146 $482,479 -- --
2024 $7,804 $468,882 -- --
2023 $7,804 $455,226 $0 $0
2022 $7,527 $441,967 $0 $0
2021 $7,499 $428,381 $0 $0
2020 $7,353 $422,467 $0 $0
2019 $7,188 $412,969 $0 $0
2018 $6,876 $405,269 $0 $0
2017 $9,111 $482,734 $0 $0
2016 $9,298 $484,277 $0 $0
2015 $9,409 $477,746 $0 $0
2014 $8,978 $445,352 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2179865

MIAMI REALTORS® MLS

APN: 33-5035-014-0110