NOT LISTED FOR SALE

7504 SW 178th Terrace Palmetto Bay, FL 33157

Estimated Value: $1,581,023 - $2,315,000

5 Beds
4 Baths
4,439 Sq Ft
$406/Sq Ft Est. Value

Last Sold September 29, 2015

Last sale price $860,000 $194 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $10,589/month

21 Days on Market

Highlights

  • Heated In Ground Pool
  • Roman Tub
  • Pool View
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of September 2015

Modern Architectural tri-level home located in Palmetto Bay, steps from Old Cutler Rd. Complete renovation in 2012. Master Bedroom suite located on top level w/wood floors, huge walk-in-closet and balcony. All cabinets, interior doors and Millwork are sol id wood. Wood Kitchen w/Quartz countertops and Thermador appliances. LED Lighting throughout. Resort-like heated pool w/tanning ledge, spa, waterfalls and ILink system. Control all lighting, pool, equip, sprinklers, and more via Iphone or Ipad.

Last Agent to Sell the Property

Jennifer Gomez

LPT Realty, LLC License #3064708 Listed on: 07/28/2015

LPT Realty, LLC

Last Buyer's Agent

Miguel Sainz

BHHS EWM Realty License #0705170

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,630

Year Built

  • Built in 1979

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 120x140
  • South Facing Home
  • Property is zoned 21/EST 1

Parking

  • 1 Car Attached Garage
  • Circular Driveway
  • Guest Parking
  • Open Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,439 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Pool Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • 4 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Intercom Access
  • Security System Owned
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cutler South First Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-35-008-0150

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,630

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Lot Size: 120x140
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: CUTLER SOUTH FIRST ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Second Floor Entry, Built-in Features, Cooking Island, Entrance Foyer, Roman Tub, Den/Library/Office, Family Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 4439
  • Other Equipment: Central Vacuum, Intercom
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds, Impact Glass
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Utility Room/Laundry

Exterior Features

  • Roof: Other
  • View: Pool
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CUTLER SOUTH FIRST ADDN
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-35-008-0150
  • Lot Size Sq Ft: 16800
  • Zoning: 21/EST 1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 13630

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Asensio Gabriel Luis Asin
Bought by
Bosch Susana Sala
Current Estimated Value
$1,801,756

Purchase Details

Listed on
Jul 28, 2015
Closed on
Sep 29, 2015
Sold by
Remund Christoph and Remund Maria
Bought by
Asensio Gabriel Luis Asin and Sala Bosch Susanna
Seller's Agent
Jennifer Gomez
LPT Realty, LLC
Buyer's Agent
Miguel Sainz
BHHS EWM Realty
List Price
$939,900
Sold Price
$860,000
Premium/Discount to List
-$79,900
-8.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$514,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 5, 2012
Closed on
Jan 16, 2013
Sold by
Abreu Claudina and Gomez Reynold
Bought by
Remund Christoph and Remund Maria
Seller's Agent
Zenaida Gomez
Florida Realty of Miami Corp
Buyer's Agent
Melissa Vianni - TCREG
CMV Realty LLC
List Price
$899,000
Sold Price
$870,000
Premium/Discount to List
-$29,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.43%
Original Mortgage
$609,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2011
Sold by
Gmac Mortgage Llc
Bought by
Abreu Claudina and Gomez Reynold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,932
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 31, 2010
Sold by
Scarano Christopher
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Aug 31, 2006
Sold by
Campanero Fabio Alejandro
Bought by
Scarano Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 12, 2005
Sold by
Cleary Livia
Bought by
Fmmr Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.37%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 1, 2000
Sold by
Residential Funding Corp
Bought by
Prosper Jean-Rober and Prosper Jocelyne A

Purchase Details

Closed on
Oct 19, 1999
Sold by
Clerk Of The Court
Bought by
Residential Funding Corp

Purchase Details

Closed on
Apr 17, 1998
Sold by
Pirincci Jemal and Pirincci Deniz
Bought by
Garcia Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
7.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 1998
Sold by
Garcia Juan
Bought by
Machado Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
7.07%
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
Bosch Susana Sala -- None Listed On Document
Bosch Susana Sala -- None Listed On Document
Asensio Gabriel Luis Asin $860,000 Attorney
Remund Christoph $870,000 Transfer Title Services Inc
Abreu Claudina $250,000 Platinum Title Of S Fl Inc
Gmac Mortgage Llc $71,200 None Available
Scarano Christopher $970,000 Consolidated Title Co
Fmmr Trust -- None Available
Cleary Livia $700,000 Title Tech Llc
Prosper Jean-Rober $295,000 --
Residential Funding Corp $50,100 --
Garcia Juan $265,000 --
Machado Juan C $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asensio Gabriel Luis Asin $514,000
Previous Owner Remund Christoph $609,000
Previous Owner Abreu Claudina $297,932
Previous Owner Scarano Christopher $776,000
Previous Owner Cleary Livia $560,000
Previous Owner Machado Juan C $416,700
Previous Owner Machado Juan C $335,000
Previous Owner Machado Juan C $335,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2015 09/29/15 Sold $860,000 -8.5% $194 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $939,900 +8.0% $212 / Sq Ft
01/15/2013 01/15/13 Sold $870,000 -3.2% $196 / Sq Ft View Prior Sale
11/29/2012 11/29/12 Pending -- -- --
11/05/2012 11/05/12 For Sale $899,000 +259.6% $203 / Sq Ft
06/24/2012 06/24/12 Sold $250,000 0.0% $57 / Sq Ft View Prior Sale
03/10/2011 03/10/11 Pending -- -- --
08/27/2010 08/27/10 For Sale $250,000 -- $57 / 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 $13,890 $822,332 -- --
2024 $13,414 $799,157 -- --
2023 $13,414 $775,881 $0 $0
2022 $12,970 $753,283 $0 $0
2021 $12,976 $731,343 $0 $0
2020 $12,720 $721,246 $222,600 $498,646
2019 $12,840 $727,377 $222,600 $504,777
2018 $12,645 $733,508 $222,600 $510,908
2017 $12,800 $728,963 $0 $0
2016 $12,768 $713,970 $0 $0
2015 $13,533 $697,391 $0 $0
2014 $13,630 $688,022 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2151611

MIAMI REALTORS® MLS

APN: 33-5035-008-0150