NOT LISTED FOR SALE

7702 SW 124th Terrace Miami, FL 33156

Estimated Value: $1,479,000 - $2,065,000

5 Beds
3 Baths
3,132 Sq Ft
$578/Sq Ft Est. Value

Last Sold March 20, 2018

Last sale price $840,000 $268 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $10,658/month

17 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • No HOA
  • Palmetto Elementary School Rated A
  • Pool View
  • Den

About This Home

As of March 2018

This spacious 5 bedroom, 3 bath, cul-de-sac home in Pinecrest has been meticulously maintained. The home features updated bathrooms, updated kitchen with stainless steel appliances, double oven, and granite countertops. Brazilian walnut wood and tile floors throughout, in-door laundry room with sink, breakfast nook, large family room, formal dining room, and den/office. Two car side load garage, large yard with mango, sapodilla, papaya, lychee trees. The serene backyard and screened in pool is perfect for entertaining all year round. Walking distance to top rated Pinecrest public schools. Close to restaurants, the New Whole Foods, shopping malls, and the Palmetto Expressway.

Last Agent to Sell the Property

Daniel Martinez

Coldwell Banker Realty License #0560978 Listed on: 02/09/2018

Coldwell Banker Realty

Co-Listed By

Carly Rodriguez

MMLS Assoc.-Inactive Member License #3394856

Last Buyer's Agent

Jessica Garson

BHHS EWM Realty License #3346375

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,523

Year Built

  • Built in 1970

Lot Details

  • 0.38 Acre Lot
  • North Facing Home
  • Property is zoned 2200

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Concrete Roof

Interior Spaces

  • 3,132 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Den
  • Pool Views

Kitchen

  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Fence Around Pool

Schools

  • Palmetto Elementary And Middle School
  • Miami Palmetto High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Palmetto Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-50-15-032-0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,523

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: CBRE11
  • Co List Office Phone: 305-253-2800
  • Directions: GPS Please.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: PALMETTO PLACE
  • 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, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Pantry, Den/Library/Office, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 3132
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters, Other Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Concrete
  • View: Pool
  • Exterior Features: Fruit Trees
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: In Ground, Screen Enclosure
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PALMETTO PLACE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Palmetto
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 20-50-15-032-0040
  • Lot Size Sq Ft: 16335
  • Zoning: 2200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Mar 19, 2018
Sold by
Gersing James and Magellan Marta
Bought by
Carletta Douglas C and Grubair Nathalie I
Seller's Agent
Daniel Martinez
Coldwell Banker Realty
Buyer's Agent
Jessica Garson
BHHS EWM Realty
List Price
$850,000
Sold Price
$840,000
Premium/Discount to List
-$10,000
-1.18%
Current Estimated Value
$1,810,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$970,317
Avg. Annual Appreciation
10.69%
Original Mortgage
$756,000
Outstanding Balance
$685,753
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,124,564

Purchase Details

Closed on
Feb 5, 2001
Sold by
Residential Funding Corp
Bought by
Gersing James and Magellan Marta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,875
Interest Rate
7.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 9, 2000
Sold by
Clerk Of The Court
Bought by
Chase Manhattan Mortgage Corp

Purchase Details

Closed on
Mar 11, 1997
Sold by
J A P Business Services Inc
Bought by
Pujol Emerito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,400
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 1997
Sold by
Demetre Katherine
Bought by
J A P Business Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,400
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1994
Sold by
Boutselis Aristotle and Hall Frank D
Bought by
Demetre Katherine
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Carletta Douglas C $840,000 Attorney
Gersing James $332,500 --
Chase Manhattan Mortgage Corp $100 --
Pujol Emerito $376,000 --
J A P Business Services Inc $285,000 --
Demetre Katherine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carletta Douglas C $756,000
Previous Owner J A P Business Services Inc $322,700
Previous Owner J A P Business Services Inc $49,875
Previous Owner J A P Business Services Inc $338,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2018 03/20/18 Sold $840,000 -1.2% $268 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/09/2018 02/09/18 For Sale $850,000 -- $271 / 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 $12,268 $706,864 -- --
2024 $11,636 $686,943 -- --
2023 $11,636 $666,935 $0 $0
2022 $11,247 $647,510 $0 $0
2021 $11,215 $628,651 $294,030 $334,621
2020 $11,319 $632,666 $294,030 $338,636
2019 $11,448 $636,681 $294,030 $342,651
2018 $7,741 $444,079 $0 $0
2017 $7,523 $434,946 $0 $0
2016 $7,489 $426,000 $0 $0
2015 $7,579 $423,039 $0 $0
2014 $7,672 $419,682 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10416853

MIAMI REALTORS® MLS

APN: 20-5015-032-0040