NOT LISTED FOR SALE

7738 SW 188th Terrace Cutler Bay, FL 33157

Estimated Value: $813,000 - $994,000

4 Beds
3.5 Baths
2,559 Sq Ft
$341/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $411,600 $161 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $5,886/month

Highlights

  • Lake Front
  • Gated with Attendant
  • Vaulted Ceiling
  • Fitness Center
  • Clubhouse
  • Sauna

About This Home

As of December 2021

Completed renovated 4/3.5 with an amazing lake view, perfect for relaxation and family & friends gatherings. Open and modern floor plan. High ceilings through. No carpet. New SS appliances. Master bedroom with walk-in closet, his & her sink area. Lease includes alarm, Internet, cable, lawn maint, and access to a spectacular Clubhouse with GYM, heated pool, tennis and basketball court, kids playground. Resort-style-living. Very easy to show. Call Sarai Granda.

Last Agent to Rent the Property

Sarai Granda

Red House Realty, LLC License #3210969 Listed on: 10/11/2021

Last Renter's Agent

Jo-Ann Forster

MMLS Assoc.-Inactive Member License #0079690

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,760

Year Built

  • Built in 2005

Lot Details

  • 8,450 Sq Ft Lot
  • Lake Front
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,559 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Blinds
  • Formal Dining Room
  • Carpet
  • Lake Views
  • Complete Panel Shutters or Awnings
  • Washer

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 12/1/21
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 36-60-03-034-1300

Community Details

Overview

  • No Home Owners Association
  • Cutler Cay Subdivision
  • Maintained Community

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Handball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Complex Is Fenced

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,760

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2021-12-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: CUTLER CAY
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Volume Ceilings, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Other
  • Furnished: Unfurnished
  • Living Area: 2559
  • Other Equipment: Automatic Garage Door Opener
  • Spa Features: Community
  • Stories: 1
  • Window Features: Complete Panel Shutters/Awnings, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CUTLER CAY
  • Covered Parking Spaces: 2
  • Garage Spaces: 2

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Gated with Guard, Security Patrol

Condo/Co-op/Association

  • Amenities: Clubhouse, Community Pool, Guard At Gate, Handball/Basketball, Child Play Area, Sauna, Security Patrol, Spa/Hot Tub
  • Association: No
  • Community Features: Lawn/Pool Maintenance, Clubhouse, Pool, Exercise Room, Gated Community, Management On Site, Sauna, Security Patrol, Spa/Hot Tub, Street Lights

Lot Info

  • Parcel Number: 36-60-03-034-1300
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8450
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Nov 27, 2019
Sold by
Arias Alfredo
Bought by
U S Bank National Association and C Bass Mtg Loan Asset Backed Certificat
Seller's Agent
Ruben Perez
NXT LVL Realty Inc
Buyer's Agent
Judy Wolf-Seigel
Coldwell Banker Realty
Sold Price
$2,800
Current Estimated Value
$871,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$868,666

Purchase Details

Closed on
Jan 27, 2006
Sold by
Odze Michael and Odze Pamela
Bought by
Arias Alfredo and Arias Marianita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
8.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 19, 2005
Sold by
Shoma Development Corp
Bought by
Odze Michael and Odze Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,650
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac
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
U S Bank National Association $321,500 None Available
Arias Alfredo $600,000 Security & Guaranty Title Co
Odze Michael $482,100 The Greater Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 16231 Sw 92 Ter Llc $186,000
Previous Owner Arias Alfredo $420,000
Previous Owner Odze Michael $385,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Rented -- -- --
11/22/2021 11/22/21 Under Contract -- -- --
10/11/2021 10/11/21 For Rent $6,500 +71.1% --
12/01/2020 12/01/20 Rented $3,800 -2.6% --
11/22/2020 11/22/20 For Rent $3,900 0.0% --
10/07/2020 10/07/20 Sold $411,600 -4.3% $161 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $430,000 +4.5% $168 / Sq Ft
07/09/2020 07/09/20 Off Market $411,600 -- --
06/30/2020 06/30/20 For Sale $430,000 0.0% $168 / Sq Ft
12/30/2019 12/30/19 Rented $2,800 -6.7% --
12/27/2019 12/27/19 Under Contract -- -- --
11/20/2019 11/20/19 For Rent $3,000 0.0% --
11/19/2019 11/19/19 Off Market $3,000 -- --
10/28/2019 10/28/19 Price Changed $3,000 -14.3% $1 / Sq Ft
10/17/2019 10/17/19 For Rent $3,500 -- --
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 $13,760 $518,322 -- --
2024 $13,087 $471,202 -- --
2023 $13,087 $428,366 $0 $0
2022 $11,628 $389,424 $0 $0
2021 $9,791 $354,022 $110,700 $243,322
2020 $9,045 $336,934 $90,762 $246,172
2019 $8,831 $339,787 $90,762 $249,025
2018 $8,712 $342,639 $90,762 $251,877
2017 $8,762 $341,213 $0 $0
2016 $8,456 $311,241 $0 $0
2015 $8,012 $282,947 $0 $0
2014 $7,619 $257,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11109798

MIAMI REALTORS® MLS

APN: 36-6003-034-1300