NOT LISTED FOR SALE

7840 SW 161st St Palmetto Bay, FL 33157

Estimated Value: $1,035,000 - $1,202,000

3 Beds
2 Baths
2,045 Sq Ft
$553/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $689,000 $337 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,745/month

31 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • No HOA
  • Coral Reef Elementary School Rated A
  • Garden View
  • Utility Room in Garage

About This Home

As of September 2020

Full of light, open concept, spacious home at Palmetto Bay. Total Area: 3,355 SF, Adjusted: 2,581 SF, Living: 2,045 SF. Great living area with high impact sliding doors facing the pool. Ideal for indoor and outdoor family & friends entertainment w/ two cabana bathrooms. Three large bedrooms. Remodeled kitchen and bathrooms. Neutral porcelain tiles throughout. LED lighting. Child Safety pool fence. Large lot. Concrete boat pad. 3-zone sprinkler system on well water. Generator w/ separate electric panel. Oversized epoxy painted garage w/ utility sink. All high impact glass. Great school district. Lots of options for dining, grocery and shopping areas. Come to see the perfect place to live with your family. You will not be disappointed. Virtual https://my.matterport.com/show/?m=fso7szTJ21j

Last Agent to Sell the Property

Silvia Gross

GRG Intl. Properties LLC License #3162928 Listed on: 07/08/2020

Co-Listed By

Ricardo Gross

GRG Intl. Properties LLC License #3102251

Last Buyer's Agent

Michael Soliman

Soliman Realty Group Inc. License #3203198

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,297

Year Built

  • Built in 1962

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 120x143
  • North Facing Home
  • Property is zoned 2100

Parking

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

Property Views

  • Garden
  • Pool

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,045 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Entrance Foyer
  • Formal Dining Room
  • Utility Room in Garage
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Complete Impact Glass
  • High Impact Door

Pool

  • In Ground Pool
  • Fence Around Pool
  • Auto Pool Cleaner

Outdoor Features

  • Deck
  • Patio

Schools

  • Coral Reef Elementary School
  • Southwood Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Garden Groves Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-27-003-0240

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,297

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Co List Office Mls Id: GRIP01
  • Co List Office Phone: 305-421-6374
  • Directions: From US1 go East on SW 152 St, then South on SW 82 Av, then East on SW 160 St, then South on SW 80 Av, then East on SW 161 St. The house is the 8th on the right hand side.
  • Garage Yn: Yes
  • Horses: No
  • Lot Size: 120x143
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: GARDEN GROVES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Laundry Tub, Pantry, Split Bedroom, Walk-In Closet(s), Utility/Laundry In Garage
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2045
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Complete Impact Glass, Drapes
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Utility/Laundry In Garage
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • Roof: Shingle
  • View: Garden, Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Auto Pool Clean, In Ground, Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GARDEN GROVES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water, Well
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, In Garage

Condo/Co-op/Association

  • Association: No
  • Community Features: None, Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Coral Reef
  • High School: Miami Palmetto
  • Middle Or Junior School: Southwood

Lot Info

  • Parcel Number: 33-50-27-003-0240
  • Lot Size Sq Ft: 17303
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10297

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Sep 4, 2020
Sold by
Oxios Gabriel J and Correa Heloiza A
Bought by
Fernandez Ricardo and Fernandez Gabrielle
Seller's Agent
Silvia Gross
GRG Intl. Properties LLC
Buyer's Agent
Michael Soliman
Soliman Realty Group Inc.
List Price
$689,000
Sold Price
$689,000
Current Estimated Value
$1,131,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,590
Avg. Annual Appreciation
10.15%
Original Mortgage
$509,780
Outstanding Balance
$452,396
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$679,194

Purchase Details

Listed on
Feb 28, 2014
Closed on
Jan 28, 2015
Sold by
Argilagos Rebeca and Somers Melissa
Bought by
Oxios Gabriel J and Correa Heloiza A
Seller's Agent
Deanna Esquijarosa
Keller Williams Realty Premier Properties
Buyer's Agent
Ricardo Gross
GRG Intl. Properties LLC
List Price
$569,000
Sold Price
$520,000
Premium/Discount to List
-$49,000
-8.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$416,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 1999
Sold by
Carrillo Luis E and Carrillo Yvette
Bought by
Argilagos Rebeca and Somers Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,250
Interest Rate
7.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 17, 1997
Sold by
Voss Norma Jean
Bought by
Carrillo Luis E and Carrillo Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
7.86%
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
Fernandez Ricardo $689,000 Title Experts Llc
Oxios Gabriel J $520,000 Attorney
Argilagos Rebeca $222,500 --
Carrillo Luis E $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Ricardo $509,780
Previous Owner Oxios Gabriel J $416,000
Previous Owner Carrillo Luis E $222,100
Previous Owner Carrillo Luis E $22,250
Previous Owner Carrillo Luis E $164,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2020 09/04/20 Sold $689,000 0.0% $337 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $689,000 +32.5% $337 / Sq Ft
01/28/2015 01/28/15 Sold $520,000 -4.9% $201 / Sq Ft View Prior Sale
12/24/2014 12/24/14 Pending -- -- --
10/20/2014 10/20/14 Price Changed $547,000 -0.5% $212 / Sq Ft
07/24/2014 07/24/14 Price Changed $549,900 -3.4% $213 / Sq Ft
05/31/2014 05/31/14 Price Changed $569,000 0.0% $220 / Sq Ft
05/31/2014 05/31/14 For Sale $569,000 +9.4% $220 / Sq Ft
05/01/2014 05/01/14 Off Market $520,000 -- --
03/31/2014 03/31/14 Price Changed $592,000 -1.3% $229 / Sq Ft
02/28/2014 02/28/14 For Sale $600,000 -- $232 / 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 $9,721 $575,679 -- --
2024 $9,342 $559,455 -- --
2023 $9,342 $543,161 $0 $0
2022 $9,020 $527,341 $0 $0
2021 $8,980 $510,315 $274,576 $235,739
2020 $8,393 $480,377 $0 $0
2019 $10,297 $469,577 $0 $0
2018 $7,852 $460,822 $0 $0
2017 $7,828 $451,344 $0 $0
2016 $7,794 $442,061 $0 $0
2015 $8,068 $406,293 $0 $0
2014 $4,421 $247,281 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10889258

MIAMI REALTORS® MLS

APN: 33-5027-003-0240