7523 SW 188th Terrace Cutler Bay, FL 33157
Estimated Value: $1,226,000 - $1,334,000
5
Beds
4
Baths
4,638
Sq Ft
$276/Sq Ft
Est. Value
About This Home
This home is located at 7523 SW 188th Terrace, Cutler Bay, FL 33157 and is currently estimated at $1,279,546, approximately $275 per square foot. 7523 SW 188th Terrace is a home located in Miami-Dade County with nearby schools including Dr. Edward L. Whigham Elementary School, Cutler Bay Middle, and Miami Southridge Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 20, 2010
Sold by
Us Bank National Association
Bought by
Somarriba Obed and Somarriba Nichole
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,282
Outstanding Balance
$232,907
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$1,046,639
Purchase Details
Closed on
Jun 8, 2010
Sold by
Brown Carla
Bought by
U S Bank National Association
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Somarriba Obed | $360,000 | Rels Title | |
| U S Bank National Association | $261,100 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Somarriba Obed | $350,282 |
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 | $9,576 | $364,056 | -- | -- |
| 2024 | $9,508 | $353,796 | -- | -- |
| 2023 | $9,508 | $343,492 | $0 | $0 |
| 2022 | $9,285 | $333,488 | $0 | $0 |
| 2021 | $8,540 | $323,775 | $0 | $0 |
| 2020 | $7,507 | $289,836 | $0 | $0 |
| 2019 | $7,137 | $283,320 | $0 | $0 |
| 2018 | $6,910 | $278,038 | $0 | $0 |
| 2017 | $6,866 | $272,320 | $0 | $0 |
| 2016 | $6,822 | $266,719 | $0 | $0 |
| 2015 | $6,654 | $264,865 | $0 | $0 |
| 2014 | $6,708 | $262,763 | $0 | $0 |
Source: Public Records
Map
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