NOT LISTED FOR SALE

7500 SW 173rd St Palmetto Bay, FL 33157

Estimated Value: $1,738,000 - $2,249,000

5 Beds
4 Baths
4,871 Sq Ft
$403/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $1,250,000 $257 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $12,096/month

66 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Private Pool
  • Canal View
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • RV Access or Parking
  • Roman Tub

About This Home

As of October 2021

Amazing Mediterranean style Villa on .34 acres, just off Old Cutler Road. Nestled on the Old Cutler Canal and within walking/biking distance from Biscayne Bay, The Deering Estate, Starbucks. Close proximity to some of the areas most prestigious private schools. 6833 Total Sq ft per Appraisal. The Home has a large pool and patio area for entertaining, Master Suite has a large Bath and a Balcony that overlooks the pool/water area. Kitchen equipped with a beautiful new Sub Zero Fridge. Owner open to buyer purchase of the design appropriate furnishings.

Last Agent to Sell the Property

Scott Ness

N Realty Inc. License #0533315 Listed on: 07/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,874

Year Built

  • Built in 1990

Lot Details

  • 0.34 Acre Lot
  • 120 Feet of Waterfront
  • Home fronts a canal
  • North Facing Home
  • Fenced
  • Property is zoned 2100

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Property Views

  • Canal
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 4,871 Sq Ft Home
  • 2-Story Property
  • Bar
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Utility Room
  • Marble Flooring
  • Intercom

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 4 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Open Patio
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Del Mar Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-35-004-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,874

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1990
  • Architectural Style: Mediterranean, Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry, Garden Tub/Roman Tub, Kitchen Island, Living/Dining Room, Bar
  • Main Level Bedrooms: 1
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Microwave, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Marble
  • Living Area: 4871.0
  • Dining Room Type: Den, Family Room, Laundry, Utility Room

Exterior Features

  • Exterior Features: Balcony, Fence, Porch
  • View: Canal, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: In Ground, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front, Other
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Balcony, Open, Porch, Wrap Around
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Paver Block, RV Access/Parking, Garage Door Opener

Utilities

  • Other Equipment: Intercom
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 33-50-35-004-0060
  • Lot Size Sq Ft: 15000.0
  • Zoning Description: 2100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6874.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Oct 22, 2021
Sold by
Ness Charles P
Bought by
Ruddy Julie Lynn
Seller's Agent
Scott Ness
N Realty Inc.
List Price
$1,365,000
Sold Price
$1,250,000
Premium/Discount to List
-$115,000
-8.42%
Current Estimated Value
$1,964,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$714,237
Avg. Annual Appreciation
11.93%
Original Mortgage
$1,278,750
Outstanding Balance
$1,169,289
Interest Rate
2.99%
Mortgage Type
VA
Estimated Equity
$794,948

Purchase Details

Closed on
Apr 26, 2005
Sold by
Ness Charles P and Ness Laura A
Bought by
Ness Charles P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 1995
Sold by
Azzam Anuar Manuel
Bought by
Ness Charles P and Ness Laura

Purchase Details

Closed on
Aug 12, 1993
Sold by
Moncada Julio A
Bought by
Azzam Anuar M
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
Ruddy Julie Lynn $1,250,000 Windsor Title Services Inc
Ness Charles P -- --
Ness Charles P $192,500 --
Azzam Anuar M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruddy Julie Lynn $1,278,750
Previous Owner Ness Charles P $530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2021 10/25/21 Sold $1,250,000 -8.4% $257 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $1,365,000 -- $280 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $21,785 $1,289,530 -- --
2024 $21,126 $1,253,188 -- --
2023 $21,126 $1,216,688 $0 $0
2022 $20,453 $1,181,251 $330,000 $851,251
2021 $7,523 $429,711 $0 $0
2020 $6,874 $395,790 $0 $0
2019 $6,719 $386,892 $0 $0
2018 $6,426 $379,679 $0 $0
2017 $6,404 $371,870 $0 $0
2016 $6,370 $364,222 $0 $0
2015 $6,482 $361,691 $0 $0
2014 $6,559 $358,821 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Scott Ness

    N Realty Inc.

    (786) 423-8102

    1 in this area

    1 Total Sale

    Scott Ness
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10293656

BeachesMLS (Greater Fort Lauderdale)

APN: 33-5035-004-0060

Florida Miami/Dade County Palmetto Bay 33157

7500 SW 173rd St, Palmetto Bay, FL

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