NOT LISTED FOR SALE

7625 SW 140th St Palmetto Bay, FL 33158

Estimated Value: $1,857,000 - $2,270,000

6 Beds
5.5 Baths
4,303 Sq Ft
$476/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $1,625,000 $378 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $12,772/month

88 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Marble Flooring
  • Howard Drive Elementary School Rated A-
  • Maid or Guest Quarters
  • Garden View

About This Home

As of December 2022

Fabulous large 6 bed 5.5 bath plus den/office home in beautiful North Palmetto Bay. This home is completely updated. New roof, plumbing, electric and A/C's. Brand new kitchen with stainless steel appliances. Ceramic floors throughout and wood floors in bedrooms. Pool and Jacuzzi redone with new equipment and new underground detached hot tub near the pool. Open layout and tons of natural light, impact windows and working fire place. Large covered terrace great for entertaining and plenty of room for a boat. Just bring your furniture! Excellent location and great school district.

Last Agent to Sell the Property

Denise Erickson

Compass Florida, LLC License #3353307 Listed on: 09/07/2022

Compass Florida, LLC

Co-Listed By

Enrique Montoya

Compass Florida, LLC License #3425814

Last Buyer's Agent

Richard Vazquez

Address Real Estate LLC License #3138015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,218

Year Built

  • Built in 1958

Lot Details

  • 0.36 Acre Lot
  • South Facing Home
  • Property is zoned 2100

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,303 Sq Ft Home
  • 1-Story Property
  • Bar
  • Entrance Foyer
  • Home Theater
  • Den
  • Garden Views
  • High Impact Door
  • Dryer

Kitchen

  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Maid or Guest Quarters

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Herman Heights Sec 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-23-008-0080

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,218

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: KWCG01
  • Co List Office Phone: 305-662-7325
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: HERMAN HEIGHTS SEC 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer
  • Interior Amenities: First Floor Entry, Bar, Entrance Foyer, Den/Library/Office, Maid/In-Law Quarters, Media Room
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 4303
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level
  • Living Room Features: Den/Library/Office, Maid/In-Law Quarters, Media Room

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: HERMAN HEIGHTS SEC 2
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-23-008-0080
  • Lot Size Sq Ft: 15600
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Dec 5, 2022
Sold by
Forry Christopher and Forry Tensie
Bought by
Mincey Craig and Mincey Mary Alison
Seller's Agent
Denise Erickson
Compass Florida, LLC
Buyer's Agent
Richard Vazquez
Address Real Estate LLC
List Price
$1,795,000
Sold Price
$1,625,000
Premium/Discount to List
-$170,000
-9.47%
Views
18
Current Estimated Value
$2,047,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,291
Avg. Annual Appreciation
8.29%
Original Mortgage
$1,381,250
Outstanding Balance
$1,332,639
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$714,652

Purchase Details

Listed on
Mar 27, 2014
Closed on
Sep 10, 2014
Sold by
Elguera Investments Llc
Bought by
Forry Christopher and Forry Tensie
Seller's Agent
Alain Aragon
MMLS Assoc.-Inactive Member
Buyer's Agent
Alain Aragon
MMLS Assoc.-Inactive Member
List Price
$879,000
Sold Price
$805,000
Premium/Discount to List
-$74,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$563,500
Interest Rate
4.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 19, 2010
Sold by
Arch Bay Holdings Llc
Bought by
Elguera Investments Llc

Purchase Details

Closed on
Nov 4, 2009
Sold by
Wanhlung Lilian
Bought by
Arch Bay Holdings Llc Series 2009B

Purchase Details

Closed on
May 31, 2007
Sold by
Wolf Rudolf and Wolf Irmgard E
Bought by
Wanhlung Lilian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mincey Craig $1,625,000 --
Forry Christopher $805,000 Attorney
Elguera Investments Llc $190,000 Bay Title & Escrow Company
Arch Bay Holdings Llc Series 2009B -- None Available
Wanhlung Lilian $500,000 Extreme Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mincey Craig $1,381,250
Previous Owner Forry Christopher $563,500
Previous Owner Wanhlung Lilian $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2022 12/05/22 Sold $1,625,000 -4.1% $378 / Sq Ft
10/06/2022 10/06/22 Price Changed $1,695,000 -3.1% $394 / Sq Ft
09/20/2022 09/20/22 Price Changed $1,749,500 -2.5% $407 / Sq Ft
09/07/2022 09/07/22 For Sale $1,795,000 +123.0% $417 / Sq Ft
09/10/2014 09/10/14 Sold $805,000 -5.3% $168 / Sq Ft View Prior Sale
08/26/2014 08/26/14 Pending -- -- --
08/04/2014 08/04/14 Price Changed $849,900 -2.3% $177 / Sq Ft
06/04/2014 06/04/14 Price Changed $869,500 -1.1% $181 / Sq Ft
05/08/2014 05/08/14 For Sale $879,000 0.0% $183 / Sq Ft
04/24/2014 04/24/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $879,000 -- $183 / 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 $24,675 $1,456,719 -- --
2024 $23,950 $1,415,665 -- --
2023 $23,950 $1,374,433 $397,800 $976,633
2022 $13,222 $764,004 $0 $0
2021 $13,218 $741,752 $0 $0
2020 $12,958 $731,511 $229,500 $502,011
2019 $12,827 $723,660 $0 $0
2018 $12,286 $710,167 $0 $0
2017 $12,259 $695,561 $0 $0
2016 $12,225 $681,255 $0 $0
2015 $13,192 $676,520 $0 $0
2014 $5,564 $259,988 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11269091

MIAMI REALTORS® MLS

APN: 33-5023-008-0080