NOT LISTED FOR SALE

7860 SW 181st Terrace Palmetto Bay, FL 33157

Estimated Value: $1,161,000 - $1,295,000

4 Beds
2.5 Baths
2,766 Sq Ft
$447/Sq Ft Est. Value

Last Sold November 02, 2017

Last sale price $629,900 $228 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $7,315/month

307 Days on Market

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Wood Flooring
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • Vaulted Ceiling
  • Garden View

About This Home

As of November 2017

Completely remodeled home in desirable Palmetto Bay. This spacious 4 bedroom 2.5 bath home has a great layout for entertaining. The modern kitchen opens up to a huge great room. This home features 24" porcelain tile in social areas and Bamboo Wood flooring in bedrooms. Other features include a grey quartz countertop with repurposed wood as backsplash in the kitchen, huge double shower in master bath, large master suite which includes a separate sitting area overlooking the swimming pool. A must see!

Last Agent to Sell the Property

Sergio Rebollo

Real Estate TeamMates LLC License #3199996 Listed on: 12/13/2016

Last Buyer's Agent

Ralph Cobo

Florida Realty of Miami Corp License #3362144

Florida Realty of Miami Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,721

Year Built

  • Built in 1976

Lot Details

  • 0.34 Acre Lot
  • North Facing Home
  • Fenced
  • Property is zoned EU-M

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,766 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Great Room
  • Formal Dining Room
  • Garden Views
  • Laundry in Utility Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Shower Only

Pool

  • In Ground Pool
  • Free Form Pool

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Cape Cutler Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-34-023-0340

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,721

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Cape Cutler Estates
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Great Room, Other, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 2766
  • Possible Use: Primary
  • Window Features: Other Windows
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Formal Dining
  • Living Room Features: Great Room, Other, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Features: In Ground, Free Form
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Cape Cutler Estates
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Other Subdivision - See Remarks

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-34-023-0340
  • Lot Size Sq Ft: 15000
  • Zoning: EU-M
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Silver Amanda Watson
Bought by
Amanda J Watson Trust
Current Estimated Value
$1,235,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Outstanding Balance
$345,602
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$889,721

Purchase Details

Closed on
Jan 4, 2022
Sold by
Watson Silver Amanda
Bought by
Amanda J Watson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2021
Sold by
Watson Silver Amanda
Bought by
Amanda J Watson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2020
Sold by
Watson Amanda J and Watson Silver Amanda Jayne
Bought by
Watson Amanda J

Purchase Details

Listed on
Dec 13, 2016
Closed on
Nov 2, 2017
Sold by
Rrch 4 Llc
Bought by
Watson Silver Amanda Jayne
Seller's Agent
Sergio Rebollo
Real Estate TeamMates LLC
Buyer's Agent
Ralph Cobo
Florida Realty of Miami Corp
List Price
$684,900
Sold Price
$629,900
Premium/Discount to List
-$55,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%

Purchase Details

Closed on
May 26, 2016
Sold by
Rice Suzette C
Bought by
Rrch #4 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
3.59%
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
Amanda J Watson Trust -- --
Watson Silver Amanda -- --
Amanda J Watson Trust -- Amrock
Silver Amanda Watson -- Amrock
Amanda J Watson Trust -- Amrock
Silver Amanda Watson -- Amrock
Watson Amanda J -- Attorney
Watson Silver Amanda Jayne $629,900 Alamo Title
Rrch #4 Llc -- Alamo Title
Rice Suzette C -- Alamo Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Silver Amanda $357,000
Previous Owner Silver Amanda Watson $200,000
Previous Owner Rrch #4 Llc $10,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2017 11/02/17 Sold $629,900 -0.8% $228 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
10/01/2017 10/01/17 Price Changed $634,900 -1.6% $230 / Sq Ft
08/19/2017 08/19/17 Price Changed $645,000 -2.9% $233 / Sq Ft
06/29/2017 06/29/17 Price Changed $664,000 -3.1% $240 / Sq Ft
05/25/2017 05/25/17 For Sale $684,900 0.0% $248 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
04/17/2017 04/17/17 Price Changed $684,900 -1.4% $248 / Sq Ft
04/01/2017 04/01/17 Price Changed $694,900 -0.7% $251 / Sq Ft
01/30/2017 01/30/17 Price Changed $699,900 -3.4% $253 / Sq Ft
12/13/2016 12/13/16 For Sale $724,900 -- $262 / 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 $9,804 $580,543 -- --
2024 $9,423 $564,182 -- --
2023 $9,423 $547,750 $0 $0
2022 $9,098 $531,797 $0 $0
2021 $9,089 $516,308 $0 $0
2020 $8,911 $509,180 $210,000 $299,180
2019 $8,979 $512,629 $210,000 $302,629
2018 $8,824 $516,075 $210,000 $306,075
2017 $8,375 $441,684 $0 $0
2016 $8,160 $422,066 $0 $0
2015 $4,761 $270,558 $0 $0
2014 $4,816 $268,411 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10192685

MIAMI REALTORS® MLS

APN: 33-5034-023-0340