7861 SW 181st Terrace Palmetto Bay, FL 33157
4
Beds
3
Baths
3,347
Sq Ft
0.34
Acres
Highlights
- Newly Remodeled
- In Ground Pool
- Marble Flooring
- Dr. Henry E. Perrine Academy Of The Arts Rated A-
- Vaulted Ceiling
- Garden View
About This Home
As of January 2025Cape Cutler Estates in Palmetto Bay brings to the market this lovely and classic period executive ranch home situated on a ¼ acre of lush landscaping and fruit trees. A quiet & secure residence of meticulous care provides every detail to meet a family's needs. A spacious and open plan incorporates 8-foot doors and impressive 15-foot ceilings throughout. The home has a 2-zoned HVAC system, a free-form heated pool, outside BBQ under an expansive patio. A large kitchen with a center island, custom wood cabinets, stainless steel appliances, & granite counters. The kitchen looks out to the pool area and opens to an ample family room with a wet bar. Enormous master bedroom and bathroom with private atrium. Short distance to private schools and central commercial centers.
Last Agent to Sell the Property
Brown Harris Stevens License #3086054 Listed on: 04/18/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,067
Year Built
- Built in 1989 | Newly Remodeled
Lot Details
- 0.34 Acre Lot
- South Facing Home
- Fenced
- Property is zoned 2100
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
- Circular Driveway
- Open Parking
Property Views
- Garden
- Pool
Home Design
- Shingle Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 3,347 Sq Ft Home
- 1-Story Property
- Wet Bar
- Central Vacuum
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Blinds
- Bay Window
- French Doors
- Entrance Foyer
- Family Room
- Formal Dining Room
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Electric Range
- Microwave
- Dishwasher
- Cooking Island
- Snack Bar or Counter
- Disposal
Flooring
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
- Bidet
- Dual Sinks
- Jettted Tub and Separate Shower in Primary Bathroom
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Home Security
- Intercom Access
- Security System Owned
- Complete Panel Shutters or Awnings
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Patio
- Outdoor Grill
Schools
- Perrine Elementary School
- Southwood Middle School
- Miami Palmetto High School
Utilities
- Zoned Heating and Cooling
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 33-50-34-023-0680
Community Details
Overview
- Property has a Home Owners Association
- Voluntary home owners association
- Cape Cutler Estates Subdivision
Recreation
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2024
Closed on
Jan 22, 2025
Sold by
Gomez Lydia Feliciana Marquez and Marquez Lydia Feliciana
Bought by
Jh Insurance Group Llc
Seller's Agent
Carlos A. Rojas
ReLink Real Estate
Buyer's Agent
Danilo Dominguez Cruz
Tsalach Real Estate
List Price
$1,400,000
Sold Price
$1,275,000
Premium/Discount to List
-$125,000
-8.93%
Views
116
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
147.76%
Original Mortgage
$1,260,000
Outstanding Balance
$745,241
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
$1,261,654
Purchase Details
Closed on
Apr 4, 2024
Sold by
Gomez Lydia Feliciana Marquez and Gomez Rene Robert
Bought by
Marquez Lydia Feliciana and Gomez Lydia Feliciana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,700
Interest Rate
6.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2022
Sold by
Marquez Joaquin
Bought by
Gomez Rene Robert and Gomez Lydia Feliciana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
7.08%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 18, 2022
Closed on
Jun 27, 2022
Sold by
Menocal Iii Luis F and Garcia Carmen
Bought by
Gomez Rene Robert and Gomez Lydia Feliciana
Seller's Agent
Henry Paul
Brown Harris Stevens
Buyer's Agent
Marilyn Cromer
Douglas Elliman
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.17%
Original Mortgage
$300,000
Interest Rate
5.3%
Mortgage Type
Balloon
Purchase Details
Closed on
Nov 22, 2010
Sold by
Boyd Thomas R and Boyd Nancy K
Bought by
Menocal Luis F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 2006
Sold by
Perera Jose A and Perera Cathy G
Bought by
Boyd Thomas R and Boyd Nancy K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Palmetto Bay, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,275,000 | Folio Title | |
| Warranty Deed | $1,275,000 | Folio Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $320,000 | -- | |
| Warranty Deed | $1,200,000 | Thomas L Harris Pa | |
| Warranty Deed | $332,500 | Thomas L Harris Pa | |
| Warranty Deed | $500,000 | Attorney | |
| Warranty Deed | $785,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,260,000 | Construction | |
| Closed | $1,260,000 | Construction | |
| Previous Owner | $585,700 | New Conventional | |
| Previous Owner | $575,000 | New Conventional | |
| Previous Owner | $300,000 | Balloon | |
| Previous Owner | $960,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $628,000 | Purchase Money Mortgage | |
| Previous Owner | $400,000 | Credit Line Revolving | |
| Previous Owner | $97,907 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | For Sale | $2,300,000 | +80.4% | -- |
| 01/22/2025 01/22/25 | Sold | $1,275,000 | -7.3% | $381 / Sq Ft |
| 11/04/2024 11/04/24 | Price Changed | $1,375,000 | -1.4% | $411 / Sq Ft |
| 09/26/2024 09/26/24 | Price Changed | $1,395,000 | -0.4% | $417 / Sq Ft |
| 08/28/2024 08/28/24 | For Sale | $1,400,000 | +16.7% | $418 / Sq Ft |
| 06/28/2022 06/28/22 | Sold | $1,200,000 | -6.3% | $359 / Sq Ft |
| 05/18/2022 05/18/22 | Pending | -- | -- | -- |
| 05/09/2022 05/09/22 | Price Changed | $1,280,000 | -14.7% | $382 / Sq Ft |
| 04/18/2022 04/18/22 | For Sale | $1,500,000 | -- | $448 / 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 | $16,424 | $1,048,455 | $450,000 | $598,455 |
| 2024 | $17,112 | $944,910 | -- | -- |
| 2023 | $17,112 | $987,271 | $375,000 | $612,271 |
| 2022 | $8,382 | $490,890 | $0 | $0 |
| 2021 | $12,067 | $476,593 | $0 | $0 |
| 2020 | $11,903 | $470,013 | $0 | $0 |
| 2019 | $11,719 | $459,446 | $0 | $0 |
| 2018 | $11,373 | $450,880 | $0 | $0 |
| 2017 | $7,653 | $441,607 | $0 | $0 |
| 2016 | $7,620 | $432,524 | $0 | $0 |
| 2015 | $7,755 | $429,518 | $0 | $0 |
| 2014 | $7,849 | $426,110 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Danilo Dominguez Cruz
Seller's Agent in 2025
Danilo Dominguez Cruz
Tsalach Real Estate
(305) 915-0002
3 in this area
31 Total Sales
-
Carlos A. Rojas
Seller's Agent in 2025
Carlos A. Rojas
ReLink Real Estate
(305) 985-2272
3 in this area
74 Total Sales
-
Joseph Guerrero
Seller Co-Listing Agent in 2025
Joseph Guerrero
ReLink Real Estate
(305) 984-9526
1 in this area
42 Total Sales
-
Henry Paul
Seller's Agent in 2022
Henry Paul
Brown Harris Stevens
(305) 607-4033
1 in this area
17 Total Sales
-
Marilyn Cromer
Buyer's Agent in 2022
Marilyn Cromer
Douglas Elliman
(305) 301-3462
8 in this area
57 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11189288
APN: 33-5034-023-0680
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