NOT LISTED FOR SALE

7533 SW 188th Terrace Cutler Bay, FL 33157

Estimated Value: $1,270,334 - $1,415,000

5 Beds
4 Baths
4,638 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $585,000 $126 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $8,485/month

83 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Deck
  • Sitting Area In Primary Bedroom
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of May 2014

Hard to beat "close-in" location in gated Cutler Cay community. This fantastic Florence Model features: great cul-de-sac location, marble floors up and down, heated spa & brand new pool with travertine pool deck, driveway big enough for 10 cars, custom s tone walls in family & living rms, super lg open eat-in kitchen and family room with granite & wood, 1 bedroom down, 4 up (incl Master). This will not last!

Last Agent to Sell the Property

Wendy Levy-Jackson

Compass Florida, LLC License #0342767 Listed on: 02/06/2014

Compass Florida, LLC

Co-Listed By

Adam Levy

Compass Florida, LLC License #0639784

Last Buyer's Agent

Albert Ash

Multivest Realty, Inc. License #0175489

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,357

Year Built

  • Built in 2005

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • North Facing Home
  • Property is zoned 1 /S FM

HOA Fees

  • $396 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway
  • Paver Block
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,638 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Awning
  • French Doors
  • Entrance Foyer
  • Family Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Patio

Schools

  • Centennial Middle School
  • Miami Southridge High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 36-60-03-034-4190

Community Details

Overview

  • Cutler Cay,Cutler Cay Subdivision

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,357

Year Built

Built in 2005

Lot Details

0

HOA Fees

$396 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: OLD CUTLER TO GUARD GATE; ONCE THROUGH GO LEFT AT STOP SIGN. FOLLOW ROAD AND MAKE 1ST LEFT ON TO SW 188 TER. TO PROPERTY.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: CUTLER CAY,Cutler Cay
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, French Doors, Vaulted Ceiling(s), Walk-In Closet(s), Family Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished, Turn Key Furnished
  • Living Area: 4638
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters, Awning
  • Bedroom Features: Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower, Bidet

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden, Pool
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Home Warranty: Yes
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot, 1/4 To Less Than 1/2 Acre Lot, Cul-De-Sac
  • Patio And Porch Features: Deck, Open Balcony, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CUTLER CAY
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 396
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Clubhouse, Gated Community
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • High School: Miami Southridge
  • Middle Or Junior School: Centennial

Lot Info

  • Parcel Number: 36-60-03-034-4190
  • Lot Size Sq Ft: 11594
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 8357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2019
Sold by
Patel Chandrakant G
Bought by
Patel Chandrakant G and Patel Virbala C
Current Estimated Value
$1,327,834

Purchase Details

Listed on
Feb 6, 2014
Closed on
May 27, 2014
Sold by
Vargas Daniel A and Vargas Cindy
Bought by
Swami Shreeji Property #1 Llc
Seller's Agent
Wendy Levy-Jackson
Compass Florida, LLC
Buyer's Agent
Albert Ash
Multivest Realty, Inc.
List Price
$675,000
Sold Price
$585,000
Premium/Discount to List
-$90,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
May 6, 2010
Sold by
Vargas Rene J
Bought by
Vargas Daniel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
5.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2009
Sold by
Hsbc Bank Usa
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Dec 29, 2008
Sold by
Hsbc Bank Usa National Association
Bought by
Vargas Daniel A and Vargas Rene J

Purchase Details

Closed on
Nov 18, 2008
Sold by
Malki Kawa
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Feb 11, 2008
Sold by
Knigge Thomas
Bought by
Neto Michelle

Purchase Details

Closed on
Dec 12, 2007
Sold by
Malki Kawa
Bought by
Knigge Thomas

Purchase Details

Closed on
Jun 20, 2005
Sold by
Shoma Development Corp
Bought by
Kawa Malki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,324
Interest Rate
6.64%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Patel Chandrakant G -- Attorney
Swami Shreeji Property #1 Llc $585,000 Family Escrow & Title Inc
Vargas Daniel A -- Attorney
Hsbc Bank Usa National Association -- Attorney
Vargas Daniel A $355,000 Attorney
Hsbc Bank Usa National Association -- Attorney
Hsbc Bank Usa -- None Available
Neto Michelle -- None Available
Knigge Thomas -- None Available
Kawa Malki $660,500 The Greater Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vargas Daniel A $271,000
Previous Owner Kawa Malki $528,324
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $585,000 -9.9% $126 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
03/04/2014 03/04/14 Price Changed $649,000 -3.9% $140 / Sq Ft
02/06/2014 02/06/14 For Sale $675,000 -- $146 / 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 $13,672 $599,872 -- --
2024 $13,508 $582,966 -- --
2023 $13,508 $565,987 $0 $0
2022 $13,166 $549,502 $0 $0
2021 $12,422 $533,498 $0 $0
2020 $11,197 $490,929 $90,696 $400,233
2019 $11,734 $495,580 $90,696 $404,884
2018 $11,578 $500,231 $90,696 $409,535
2017 $11,595 $495,183 $0 $0
2016 $11,560 $484,802 $0 $0
2015 $10,993 $456,836 $0 $0
2014 -- $414,828 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1904267

MIAMI REALTORS® MLS

APN: 36-6003-034-4190