NOT LISTED FOR SALE

7445 SW 157th Terrace Palmetto Bay, FL 33157

Estimated Value: $1,530,000 - $1,930,000

5 Beds
5 Baths
3,628 Sq Ft
$478/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $770,000 $212 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $10,996/month

133 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Loft
  • Coral Reef Elementary School Rated A
  • Garden View
  • No HOA

About This Home

As of December 2018

Stunning Estate Home right off prestigious Old Cutler Road. You will be awed as you step into the foyer of this spacious 5 bedroom, 5 bath home with soaring ceilings and beautiful views of the lush garden and sparkling pool. In addition to the formal living room, dining room with wet bar, family room and eat-in kitchen, there is a huge loft which serves as a great office or play area for the kids. Great layout for in-laws' quarters. Impeccably maintained and recently painted with new roof, impact windows, kitchen cabinets, ac units and duct work installed within the past 5 years. Delightful covered patio surrounding pool with plenty of room to play in the yard. Located in a great neighborhood with excellent schools.

Last Agent to Sell the Property

Cathleen Fox

Coldwell Banker Realty License #3078407 Listed on: 05/28/2018

Coldwell Banker Realty

Last Buyer's Agent

Gamal Riquelme

Sunshine Brokers License #3222858

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,601

Year Built

  • Built in 1978

Lot Details

  • 0.41 Acre Lot
  • South Facing Home
  • Fenced
  • Property is zoned 2100

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,628 Sq Ft Home
  • 1-Story Property
  • Picture Window
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms
  • Bidet
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • Partial Storm Protection

Outdoor Features

  • In Ground Pool
  • Patio
  • Outdoor Grill

Schools

  • Coral Reef Elementary School
  • Southwood Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cutler Grove Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-26-017-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,601

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Old Cutler Road to SW 157 Terrace
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: CUTLER GROVE ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Family Room, Loft, Utility Room/Laundry
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 3628
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Partial Other Protection, High Impact Windows, Picture Window, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Loft, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Shower Only

Exterior Features

  • Roof: Barrel Roof
  • View: Garden, Pool
  • Exterior Features: Built-In Grill
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CUTLER GROVE ESTATES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Coral Reef
  • High School: Miami Palmetto
  • Middle Or Junior School: Southwood

Lot Info

  • Parcel Number: 33-50-26-017-0060
  • Lot Size Sq Ft: 17750
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 8601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2018
Closed on
Dec 20, 2018
Sold by
Kertesz Kevin Meier and Kertesz Amy Beth
Bought by
Riquelme Joseph
Seller's Agent
Cathleen Fox
Coldwell Banker Realty
Buyer's Agent
Gamal Riquelme
Sunshine Brokers
List Price
$820,000
Sold Price
$770,000
Premium/Discount to List
-$50,000
-6.1%
Current Estimated Value
$1,735,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$965,776
Avg. Annual Appreciation
13.06%
Original Mortgage
$539,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2012
Closed on
Dec 21, 2012
Sold by
Tamayo Robert J and Tamayo Lourdes
Bought by
Kertesz Kevin Meier and Kertesz Amy Beth
Seller's Agent
John Reaves
One Sotheby's International Realty
Buyer's Agent
Cathleen Fox
Coldwell Banker Realty
List Price
$689,000
Sold Price
$655,000
Premium/Discount to List
-$34,000
-4.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%
Original Mortgage
$500,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2004
Sold by
Choi Kyong Soo and Choi Sook Ja
Bought by
Tamayo Robert J and Tamayo Lourdes

Purchase Details

Closed on
Apr 2, 2003
Sold by
Castelli Louis
Bought by
Choi Kyong Soo and Choi Sook Ja

Purchase Details

Closed on
Mar 28, 2003
Sold by
Castelli Francisco R and Deduarte Teresa
Bought by
Choi Kyong Soo and Choi Sook Ja

Purchase Details

Closed on
Feb 19, 2003
Sold by
Castelli Francisco R
Bought by
Castelli Francisco R and Castelli Giuseppe L
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
Riquelme Joseph $770,000 Attorney
Kertesz Kevin Meier $655,000 Attorney
Tamayo Robert J $596,600 --
Choi Kyong Soo -- Blue Ribbon Title Inc
Choi Kyong Soo -- Blue Ribbon Title Inc
Choi Kyong Soo $500,000 Blue Ribbon Title Inc
Castelli Francisco R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riquelme Joseph $535,198
Closed Riquelme Joseph $539,000
Previous Owner Kertesz Kevin M $75,000
Previous Owner Kertesz Kevin Meier $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $770,000 -3.6% $212 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
06/30/2018 06/30/18 Price Changed $799,000 -2.6% $220 / Sq Ft
05/27/2018 05/27/18 For Sale $820,000 +25.2% $226 / Sq Ft
12/21/2012 12/21/12 Sold $655,000 -4.9% $142 / Sq Ft
06/04/2012 06/04/12 For Sale $689,000 -- $150 / 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 $18,456 $1,092,513 -- --
2024 $17,874 $1,061,724 -- --
2023 $17,874 $1,030,800 $425,750 $605,050
2022 $13,629 $702,827 $0 $0
2021 $12,034 $638,934 $294,750 $344,184
2020 $9,190 $524,745 $0 $0
2019 $11,184 $595,186 $245,625 $349,561
2018 $8,627 $504,905 $0 $0
2017 $8,601 $494,521 $0 $0
2016 $8,568 $484,350 $0 $0
2015 $8,722 $480,984 $0 $0
2014 $8,828 $477,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10476504

MIAMI REALTORS® MLS

APN: 33-5026-017-0060