R
Seller's Agent in 2022
Romy Santana
London Foster Realty
(786) 953-5870
3 in this area
5 Total Sales
7840 SW 157th Terrace Palmetto Bay, FL 33157
Estimated Value: $1,209,000 - $1,489,000
4
Beds
3
Baths
1,908
Sq Ft
$718/Sq Ft
Est. Value
Highlights
- Concrete Pool
- Two Primary Bathrooms
- Cooking Island
- Coral Reef Elementary School Rated A
- No HOA
- Clear Impact Glass
About This Home
As of August 2022MID-CENTURY HOME in one of the most desirable neighborhoods. Interior has been totally remodeled keeping the Mid-Century architectural design intact. 4 bedrooms, 3 bathrooms; two of them with their own en suite bathrooms. New Plumbing, new AC vac, new tile flooring through out the house, new modern bathrooms, new kitchen with modern cabinets, plenty of storage and high end appliances. New impact windows and Doors. Huge screened in patio with a beautiful pool. 2 car Garage, Shed, Kids playground and plenty of space to store your boat. Steps from Coral Reef park and excellent schools.
Last Agent to Sell the Property
London Foster Realty License #3270064 Listed on: 06/16/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,954
Year Built
- Built in 1970
Lot Details
- 0.35 Acre Lot
- North Facing Home
- Property is zoned 2100
Parking
- 2 Car Garage
- Automatic Garage Door Opener
- Driveway
- Open Parking
Home Design
- Shingle Roof
- Brick Front
- Stucco Exterior
Interior Spaces
- 1,908 Sq Ft Home
- 1-Story Property
- French Doors
- Tile Flooring
- Dryer
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Cooking Island
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Two Primary Bathrooms
- 3 Full Bathrooms
- Dual Sinks
- Shower Only
Home Security
- Clear Impact Glass
- High Impact Door
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Doors
Pool
- Concrete Pool
- In Ground Pool
- Fence Around Pool
- Pool Equipment Stays
- Auto Pool Cleaner
Outdoor Features
- Patio
- Shed
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Palmetto Road Ests Subdivision
Listing and Financial Details
- Assessor Parcel Number 33-50-26-006-0020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2022
Closed on
Aug 2, 2022
Sold by
Maronaev 7840 Llc
Bought by
Merlo Jonathan A Molea and Medina Carolina Molea
Seller's Agent
Romy Santana
London Foster Realty
Buyer's Agent
Michael Vertz
London Foster Realty
List Price
$1,200,000
Sold Price
$1,200,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,353
Avg. Annual Appreciation
5.51%
Original Mortgage
$825,000
Outstanding Balance
$789,599
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$622,899
Purchase Details
Closed on
May 25, 2022
Sold by
Maronaev Holdings Llc
Bought by
Maronaev 7840 Llc
Purchase Details
Closed on
Jul 23, 1993
Sold by
Terhaar Joseph H and Terhaar Cathy S
Bought by
Hays Elizabeth and Hinchey Paul E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.34%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merlo Jonathan A Molea | $1,200,000 | A & A Title | |
| Maronaev 7840 Llc | -- | Malhotra Law Firm Pa | |
| Hays Elizabeth | $192,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Molea Merlo Jonathan A | $825,000 | |
| Closed | Merlo Jonathan A Molea | $825,000 | |
| Previous Owner | Hinchey Paul E | $271,100 | |
| Previous Owner | Hinchey Paul E | $161,000 | |
| Previous Owner | Hinchey Paul E | $75,000 | |
| Previous Owner | Hinchey Paul H | $90,000 | |
| Previous Owner | Hays Elizabeth | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2022 08/03/22 | Sold | $1,200,000 | 0.0% | $629 / Sq Ft |
| 06/27/2022 06/27/22 | Pending | -- | -- | -- |
| 06/16/2022 06/16/22 | For Sale | $1,200,000 | +60.0% | $629 / Sq Ft |
| 11/22/2021 11/22/21 | Sold | $750,000 | -6.1% | $382 / Sq Ft |
| 10/11/2021 10/11/21 | For Sale | -- | -- | -- |
| 10/11/2021 10/11/21 | Pending | -- | -- | -- |
| 09/01/2021 09/01/21 | For Sale | $799,000 | -- | $407 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $20,032 | $1,080,682 | $526,610 | $554,072 |
| 2024 | $17,868 | $1,089,075 | -- | -- |
| 2023 | $17,868 | $990,069 | $390,598 | $599,471 |
| 2022 | $12,107 | $663,315 | $285,437 | $377,878 |
| 2021 | $3,954 | $232,279 | $0 | $0 |
| 2020 | $3,879 | $229,072 | $0 | $0 |
| 2019 | $3,789 | $223,922 | $0 | $0 |
| 2018 | $3,616 | $219,747 | $0 | $0 |
| 2017 | $3,598 | $215,228 | $0 | $0 |
| 2016 | $3,564 | $210,802 | $0 | $0 |
| 2015 | $3,621 | $209,337 | $0 | $0 |
| 2014 | $3,661 | $207,676 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Michael Vertz
London Foster Realty
(310) 766-2822
1 in this area
9 Total Sales
-
Seller's Agent in 2021
Roger Snyder
Coldwell Banker Realty
(305) 987-2859
11 in this area
34 Total Sales
-
Seller Co-Listing Agent in 2021
Michael Elbilia
Coldwell Banker Realty
(305) 431-2626
11 in this area
178 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11222772
APN: 33-5026-006-0020
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