NOT LISTED FOR SALE

7891 SW 157th Terrace Palmetto Bay, FL 33157

Estimated Value: $2,024,555

5 Beds
4 Baths
3,647 Sq Ft
$555/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $1,395,000 $383 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $13,402/month

27 Days on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Pool View
  • Coral Reef Elementary School Rated A
  • Marble Flooring
  • No HOA

About This Home

As of June 2021

Stunning 5 bedrooms + office, 4 bath home in Palmetto Bay. Grand foyer entry with tons of natural light, open floor plan, volume ceilings, gorgeous marble floors in living areas, wood floors in bedrooms, marble fireplace in the family room, plantation shutters and some impact windows. Spacious chef’s kitchen w/ marble countertops, custom cabinetry, large island, subzero fridge and wine cooler. Master has double closets and a magnificent bathroom with a large shower and claw foot tub. Oversized lot with fabulous, covered patio, pristine pool and outdoor kitchen, perfect for entertaining. Indoor laundry. 2 car garage. Close local parks and A-rated schools.

Last Agent to Sell the Property

Drew Kern

BHHS EWM Realty License #0628522 Listed on: 04/01/2021

BHHS EWM Realty

Last Buyer's Agent

Drew Kern

BHHS EWM Realty License #0628522 Listed on: 04/01/2021

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,033

Year Built

  • Built in 1997

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 115x236
  • South Facing Home
  • Fenced
  • Property is zoned 2100

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,647 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Paddle Fans
  • Fireplace
  • Plantation Shutters
  • Blinds
  • French Doors
  • Family Room
  • Formal Dining Room
  • Den
  • Pool Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Partial Panel Shutters or Awnings
  • Partial Impact Glass

Outdoor Features

  • In Ground Pool
  • Patio
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Pearch Grove Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-27-055-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,033

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Heading East on 152 ST, turn right on 79 AVE, turn left on 157 TER, the home is on your immediate left.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Lot Size: 115x236
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: PEARCH GROVE SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island, French Doors, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3647
  • Possible Use: Unknown/Withheld
  • Window Features: Partial Impact Glass, Partial Panel Shutters/Awnings, Blinds, Impact Glass, Plantation Shutters
  • Bedroom Features: Master Bedroom Ground Level
  • Dining Room Features: Formal Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room, Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Pool
  • Exterior Features: Built-In Grill
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PEARCH GROVE SUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Paddle Fans
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 33-50-27-055-0010
  • Lot Size Sq Ft: 27486
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 14033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 21, 2021
Sold by
Herve Ludovic and Herve Maria
Bought by
Castro Yolanda
Seller's Agent
Drew Kern
BHHS EWM Realty
Buyer's Agent
Drew Kern
BHHS EWM Realty
List Price
$1,395,000
Sold Price
$1,395,000
Current Estimated Value
$2,024,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,555
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Jun 7, 2007
Sold by
Valdes Carlos and Valdes Danielle
Bought by
Herve Ludovic and Herve Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1997
Sold by
Pgc Development Inc
Bought by
Valdes Carlos and Valdes Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,650
Interest Rate
8.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 1993
Sold by
Pearch Edward H
Bought by
P G C Dev Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,957,550
Interest Rate
7.18%
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
Castro Yolanda $1,395,000 Attorney
Herve Ludovic $1,050,000 Attorney
Valdes Carlos $385,900 --
P G C Dev Inc $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Yolanda $463,000
Previous Owner Herve Ludovic $616,669
Previous Owner Herve Ludovic $840,000
Previous Owner Valdes Carlos $250,000
Previous Owner Valdes Danielle $60,000
Previous Owner Valdes Carlos $100,000
Previous Owner Valdez Carlos $650,000
Previous Owner Valdes Carlos $249,000
Previous Owner Valdes Carlos $175,000
Previous Owner Valdes Carlos $308,650
Previous Owner P G C Dev Inc $1,957,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $1,395,000 0.0% $383 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $1,395,000 0.0% $383 / Sq Ft
07/05/2019 07/05/19 Under Contract -- -- --
07/01/2019 07/01/19 Rented $5,900 0.0% --
05/29/2019 05/29/19 For Rent $5,900 +9.3% --
05/15/2013 05/15/13 Rented $5,400 +20.0% --
04/15/2013 04/15/13 Under Contract -- -- --
04/01/2013 04/01/13 For Rent $4,500 -- --
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 $28,441 $1,743,316 $879,552 $863,764
2024 $18,401 $1,595,449 $722,262 $873,187
2023 $18,401 $1,060,942 $0 $0
2022 $17,809 $1,030,041 $0 $0
2021 $14,786 $791,161 $361,131 $430,030
2020 $14,033 $754,243 $318,645 $435,598
2019 $14,143 $759,810 $318,645 $441,165
2018 $13,542 $744,136 $297,402 $446,734
2017 $13,892 $749,704 $0 $0
2016 $13,672 $723,407 $0 $0
2015 $13,067 $672,549 $0 $0
2014 $10,554 $567,177 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11021139

MIAMI REALTORS® MLS

APN: 33-5027-055-0010