7505 SW 159th Terrace Palmetto Bay, FL 33157
Estimated Value: $966,000 - $1,371,000
3
Beds
2
Baths
2,423
Sq Ft
$493/Sq Ft
Est. Value
About This Home
This home is located at 7505 SW 159th Terrace, Palmetto Bay, FL 33157 and is currently estimated at $1,193,858, approximately $492 per square foot. 7505 SW 159th Terrace is a home located in Miami-Dade County with nearby schools including Coral Reef Elementary School, Southwood Middle School, and Arthur And Polly Mays Conservatory Of The Arts.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 7, 2017
Sold by
Cili Rhett and Cili Veronica
Bought by
Cili Rhett and Cili Veronica
Current Estimated Value
Purchase Details
Closed on
Jul 13, 1999
Sold by
Hermosillo Jesus C and Hermosillo Cynthia D
Bought by
Cili Rhett and Cili Veronica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 22, 1996
Sold by
Blackman Kim R and Blackman Judy
Bought by
Hermosillo Jesus C and Hermosillo Cynthia D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 1994
Sold by
Guyer Joseph E and Guyer Lisa M
Bought by
Blackman Kim R and Blackman Judy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
8.51%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cili Rhett | -- | Attorney | |
| Cili Rhett | $210,000 | -- | |
| Hermosillo Jesus C | $225,000 | -- | |
| Blackman Kim R | $213,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hermosillo Jesus C | $189,400 | |
| Closed | Hermosillo Jesus C | $189,000 | |
| Previous Owner | Hermosillo Jesus C | $200,000 | |
| Previous Owner | Blackman Kim R | $170,400 |
Source: Public Records
Tax History Compared to Growth
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 | $7,124 | $422,013 | -- | -- |
| 2024 | $6,806 | $410,120 | -- | -- |
| 2023 | $6,806 | $398,175 | $0 | $0 |
| 2022 | $6,559 | $386,578 | $0 | $0 |
| 2021 | $6,540 | $375,319 | $0 | $0 |
| 2020 | $6,413 | $370,138 | $0 | $0 |
| 2019 | $6,268 | $361,817 | $0 | $0 |
| 2018 | $5,994 | $355,071 | $0 | $0 |
| 2017 | $5,972 | $347,768 | $0 | $0 |
| 2016 | $5,938 | $340,616 | $0 | $0 |
| 2015 | $6,042 | $338,249 | $0 | $0 |
| 2014 | $6,113 | $335,565 | $0 | $0 |
Source: Public Records
Map
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