NOT LISTED FOR SALE

7554 SW 188th Terrace Cutler Bay, FL 33157

Estimated Value: $1,259,000 - $1,307,000

5 Beds
4 Baths
4,717 Sq Ft
$273/Sq Ft Est. Value

Last Sold October 01, 2022

Last sale price $1,090,000 $231 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,836/month

105 Days on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Clubhouse
  • Wood Flooring
  • Garden View

About This Home

As of October 2022

Full of upgrades, 5/4 Iron custom-made front door. Fenced patio. Volume ceiling, SS monogram GE appliances, kitchen open to a spacious family room and breakfast area. Master bedroom with balcony, two walk-in closets, and his & hers bath area. HOA includes alarm, Internet, cable, lawn maint, and access to a spectacular Clubhouse with GYM, a heated pool, tennis and basketball court, and kids playground. Resort-style-living. Very easy to show.

Last Agent to Sell the Property

Sarai Granda

Red House Realty, LLC License #3210969 Listed on: 06/10/2022

Last Buyer's Agent

Pedro Nivela

Florida Capital Realty License #3228861

Florida Capital Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,500

Year Built

  • Built in 2006

Lot Details

  • 9,153 Sq Ft Lot
  • Northwest Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $450 Monthly HOA Fees

Parking

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

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,717 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Blinds
  • Family Room
  • Formal Dining Room
  • Garden Views
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36-60-03-034-3800

Community Details

Overview

  • Club Membership Required
  • Cutler Cay Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,500

Year Built

Built in 2006

Lot Details

0

HOA Fees

$450 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CUTLER CAY
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Volume Ceilings, Walk-In Closet(s), Family Room
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 4717
  • Possible Use: Primary
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Family Room

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • 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, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Clubhouse, Pool, Exercise Room
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 36-60-03-034-3800
  • Lot Size Sq Ft: 9153
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 12500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Sep 29, 2022
Sold by
Autar Nirvala S and Autar Chaitram
Bought by
Perez-Giusti Josette
Seller's Agent
Sarai Granda
Red House Realty, LLC
Buyer's Agent
Pedro Nivela
Florida Capital Realty
List Price
$1,279,000
Sold Price
$1,090,000
Premium/Discount to List
-$189,000
-14.78%
Views
6
Current Estimated Value
$1,286,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,851
Avg. Annual Appreciation
5.54%
Original Mortgage
$872,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2020
Closed on
Jul 7, 2020
Sold by
The Bank Of New York Mellon
Bought by
Autar Nirvala S and Autar Chaitram
Seller's Agent
Jorge De Pina
Mia Realty, Corp.
Buyer's Agent
Sarai Granda
Red House Realty, LLC
List Price
$616,900
Sold Price
$493,507
Premium/Discount to List
-$123,393
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.83%
Original Mortgage
$394,805
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2020
Sold by
Giles Terri L
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
Feb 3, 2006
Sold by
Shoma Development Corp
Bought by
Giles Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,000
Interest Rate
6.04%
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
Perez-Giusti Josette $1,090,000 Villa Title & Closing
Perez-Giusti Josette $1,090,000 Villa Title & Closing
Autar Nirvala S $493,600 Shore To Shore Title Llc
Bank Of New York Mellon $248,700 None Available
Giles Terri $656,000 The Greater Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez-Giusti Josette $872,000
Previous Owner Autar Nirvala S $394,805
Previous Owner Giles Terri $534,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2022 10/01/22 Sold $1,090,000 -8.8% $231 / Sq Ft
09/24/2022 09/24/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $1,195,000 -6.6% $253 / Sq Ft
06/10/2022 06/10/22 For Sale $1,279,000 0.0% $271 / Sq Ft
06/28/2021 06/28/21 Rented $6,500 0.0% --
05/05/2021 05/05/21 Under Contract -- -- --
04/28/2021 04/28/21 For Rent $6,500 +32.7% --
12/01/2020 12/01/20 Rented $4,900 -5.8% --
10/19/2020 10/19/20 Price Changed $5,200 -1.9% $1 / Sq Ft
09/28/2020 09/28/20 For Rent $5,300 0.0% --
09/12/2020 09/12/20 Off Market $5,300 -- --
09/10/2020 09/10/20 For Rent $5,300 0.0% --
07/28/2020 07/28/20 Sold $493,507 -15.8% $105 / Sq Ft View Prior Sale
06/15/2020 06/15/20 Pending -- -- --
05/02/2020 05/02/20 Price Changed $585,900 -5.0% $124 / Sq Ft
04/02/2020 04/02/20 For Sale $616,900 -- $131 / 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 $19,809 $882,004 $291,428 $590,576
2024 $19,731 $926,310 $291,428 $634,882
2023 $19,731 $871,429 $266,448 $604,981
2022 $14,853 $546,896 $0 $0
2021 $12,500 $497,179 $99,918 $397,261
2020 $8,903 $365,884 $0 $0
2019 $8,491 $357,658 $0 $0
2018 $8,206 $350,990 $0 $0
2017 $8,150 $343,771 $0 $0
2016 $8,107 $336,701 $0 $0
2015 $7,955 $334,361 $0 $0
2014 $8,026 $331,708 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11220312

MIAMI REALTORS® MLS

APN: 36-6003-034-3800