NOT LISTED FOR SALE

7460 SW 157th Terrace Palmetto Bay, FL 33157

Estimated Value: $1,491,000 - $2,096,000

5 Beds
4 Baths
3,922 Sq Ft
$436/Sq Ft Est. Value

Highlights

  • In Ground Pool
  • Maid or Guest Quarters
  • Wood Flooring
  • Coral Reef Elementary School Rated A
  • Roman Tub
  • Pool View

About This Home

As of May 2014

Most updated home for rent in Palmetto Bay. Low traffic neighborhood w/many children & built by "Hollub Builders" in 1980. Apx to 6 years ago the following were updated in the house: kitchen & appliances, 3 bathrms including the Master Bath, new wood flrs in the living spaces & recently 2 new AC systems. The Master has a Den/office/nursery accessed by French drs from the Master. Separate bedrm on the West side of the house is perfect for maid's room or guests.

Last Agent to Rent the Property

Timothy Hasty

BHHS EWM Realty License #0200231 Listed on: 04/29/2014

BHHS EWM Realty

Last Renter's Agent

Alyse Messinger

MMLS Assoc.-Inactive Member License #0684125

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,083

Year Built

  • Built in 1980

Lot Details

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

Parking

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

Home Design

  • Substantially Remodeled
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,922 Sq Ft Home
  • Property has 1 Level
  • Awning
  • Bay Window
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • East of U.S. Route 1

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Cutler Grove Ests Subdivision
  • Maintained Community

Listing and Financial Details

  • Property Available on 6/20/14
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 33-50-26-017-0150

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,083

Year Built

Built in 1980

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: No
  • Available Date: 2014-06-20
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1980
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry
  • Directions: JUST 5 BLOCKS SOUTH OF 152 STREET ( CORAL REEF DR ) AND FROM SCENIC OLD CUTLER ROAD, TURN WEST ON 157 TERR. AND THE PROPERTY IS ABOUT A BLOCK DOWN ON THE LEFT SIDE.
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: CUTLER GROVE ESTS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, French Doors, Pantry, Roman Tub, Walk-In Closet(s), Family Room, Foyer, Maid'S Quarters
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Wood
  • Furnished: Unfurnished
  • Living Area: 3922
  • Other Equipment: Automatic Garage Door Opener
  • Stories: 1
  • Window Features: Awning, Bay Window(s)
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Family Room, Foyer, Laundry, Maid'S Quarters, Pantry

Exterior Features

  • View: Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, East Of US 1, Interior Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Screen Enclosure
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CUTLER GROVE ESTS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Slab/Strip, Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Association: No
  • Community Features: Lawn/Pool Maintenance

Schools

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

Lot Info

  • Parcel Number: 33-50-26-017-0150
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 17750
  • Zoning: 21/EST 1
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2002
Sold by
Thomas M Wendeln M and Thomas Renee
Bought by
Benacerraf Jose
Current Estimated Value
$1,711,396

Purchase Details

Closed on
Feb 9, 1999
Sold by
Valbuena Alejandro and Chacon Imelda
Bought by
Wendeln Thomas M and Wendeln Renee H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 1995
Sold by
Ivanetic Mirjan and Ivanetic Maja
Bought by
Valbuena Alejandro and Chacon Imelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,250
Interest Rate
8.81%
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
Benacerraf Jose $512,000 --
Wendeln Thomas M $322,000 --
Valbuena Alejandro $327,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wendeln Thomas M $30,000
Previous Owner Wendeln Thomas M $162,000
Previous Owner Valbuena Alejandro $229,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2014 04/29/14 Rented $5,300 -2.8% --
04/29/2014 04/29/14 For Rent $5,450 +9.0% --
06/01/2013 06/01/13 Rented $5,000 -4.8% --
05/02/2013 05/02/13 Under Contract -- -- --
03/14/2013 03/14/13 For Rent $5,250 +12.9% --
09/25/2012 09/25/12 Rented $4,650 -7.0% --
08/26/2012 08/26/12 Under Contract -- -- --
04/05/2012 04/05/12 For Rent $5,000 -- --
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 $11,083 $656,264 -- --
2024 $10,673 $637,769 -- --
2023 $10,673 $619,194 $0 $0
2022 $10,310 $601,160 $0 $0
2021 $10,306 $583,651 $0 $0
2020 $10,104 $575,593 $245,625 $329,968
2019 $10,157 $578,141 $245,625 $332,516
2018 $10,670 $580,691 $245,625 $335,066
2017 $10,911 $583,240 $0 $0
2016 $10,825 $566,331 $0 $0
2015 $10,106 $514,847 $0 $0
2014 $9,583 $476,911 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1942559

MIAMI REALTORS® MLS

APN: 33-5026-017-0150