NOT LISTED FOR SALE

7520 SW 162nd St Palmetto Bay, FL 33157

Estimated Value: $1,608,290 - $1,724,000

4 Beds
3 Baths
3,028 Sq Ft
$549/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $1,575,000 $520 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,775/month

93 Days on Market

Highlights

  • Heated In Ground Pool
  • Garden View
  • No HOA
  • Coral Reef Elementary School Rated A
  • Attic
  • Cooking Island

About This Home

As of October 2023

Exceptional Palmetto Bay residence, completely renovated in 2020 with 4 bedrooms and 3 baths, professionally
designed home in a quiet street. The exterior features METAL roof (inst. 2021), full PGT Impact Windows/Doors, 2 AC units (inst. 2020); smart sprinkle system, lush landscape, multiple oak trees and large Heated pool surround this beautiful home. Interior characteristics include an open living concept area, oversized kitchen island, custom kitchen wood cabinets, 6 Burner Gas Range Top, 300lb Gas Tank, High-End CAFE stainless steel appliances and LED integrated state-of-the-art Built in Bar with Ice Maker Machine and 2 Wine coolers. Solid wood doors, custom bath and closets cabinets, 24x48 tile troughout. One bedroom has separate entrance and can be worked as In-Law quarters

Last Agent to Sell the Property

Adriana Zarate

Florida Realty of Miami Corp License #3060971 Listed on: 06/30/2023

Florida Realty of Miami Corp

Last Buyer's Agent

Felipe Restrepo

Douglas Elliman License #3219409

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,842

Year Built

  • Built in 1972

Lot Details

  • 0.43 Acre Lot
  • North Facing Home
  • Fenced
  • Property is zoned ¤2100

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Substantially Remodeled
  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,028 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Decorative Fireplace
  • Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Pool

  • Heated In Ground Pool
  • Fence Around Pool
  • Pool Equipment Stays

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • No Home Owners Association
  • Voluntary home owners association
  • ¤Hillary Estates First Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-26-013-0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,842

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: ¤HILLARY ESTATES FIRST ADD
  • 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, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer, Water Softener Owned
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Cooking Island, Other, Walk-In Closet(s), Attic, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Tile
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 3028
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Sliding
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Attic, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Metal Roof
  • View: Garden, Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Fenced, Equipment Stays, Heated
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ¤HILLARY ESTATES FIRST ADD
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 33-50-26-013-0040
  • Lot Size Sq Ft: 18774
  • Zoning: ¤2100
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: HVAC, Windows

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7842

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Oct 24, 2023
Sold by
Zarate Adriana
Bought by
Medina Jorge and Escorcia Maria
Seller's Agent
Adriana Zarate
Florida Realty of Miami Corp
Buyer's Agent
Felipe Restrepo
Douglas Elliman
List Price
$1,695,000
Sold Price
$1,575,000
Premium/Discount to List
-$120,000
-7.08%
Views
156
Current Estimated Value
$1,661,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,823
Avg. Annual Appreciation
2.76%
Original Mortgage
$1,260,000
Outstanding Balance
$1,236,903
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$424,920

Purchase Details

Listed on
Aug 14, 2018
Closed on
Oct 5, 2018
Sold by
Marks Lloyd S and Marks Ruth B
Bought by
Zarate Adriana and Morales Lismel
Seller's Agent
Sine Mate
MMLS Assoc.-Inactive Member
Buyer's Agent
Alba Hurtado
Jardack Commercial Realty Corp
List Price
$625,000
Sold Price
$535,000
Premium/Discount to List
-$90,000
-14.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.89%
Original Mortgage
$428,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Medina Jorge $1,575,000 None Listed On Document
Medina Jorge $1,575,000 None Listed On Document
Zarate Adriana $535,000 Absolute Title Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Jorge $1,260,000
Closed Medina Jorge $1,260,000
Previous Owner Zarate Adriana $428,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2023 10/24/23 Sold $1,575,000 -7.1% $520 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $1,695,000 +216.8% $560 / Sq Ft
10/09/2018 10/09/18 Sold $535,000 -7.0% $142 / Sq Ft View Prior Sale
10/09/2018 10/09/18 Price Changed $575,000 -8.0% $152 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $625,000 -- $166 / 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 $11,562 $684,597 -- --
2024 $8,111 $665,304 -- --
2023 $8,111 $472,749 $0 $0
2022 $7,824 $458,980 $0 $0
2021 $7,811 $445,612 $0 $0
2020 $7,658 $439,460 $253,305 $186,155
2019 $7,695 $441,190 $253,305 $187,885
2018 $5,182 $308,883 $0 $0
2017 $5,162 $302,530 $0 $0
2016 $5,128 $296,308 $0 $0
2015 $5,215 $294,249 $0 $0
2014 $5,277 $291,914 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11412153

MIAMI REALTORS® MLS

APN: 33-5026-013-0040