NOT LISTED FOR SALE

7896 SW 188th St Cutler Bay, FL 33157

Estimated Value: $1,246,000 - $1,475,000

5 Beds
4 Baths
3,598 Sq Ft
$368/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $725,000 $202 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $9,044/month

106 Days on Market

Highlights

  • Lake Front
  • Sitting Area In Primary Bedroom
  • 17,500 Sq Ft lot
  • Fitness Center
  • Gated Community
  • Clubhouse

About This Home

As of January 2020

Motivated owner to sell ......Cutler Cay Mansion " Assisi" model on the wide section of Cutler Cay Lake. Beautiful location and spacious one-story property with 5 bedrooms, 4 baths. Split bedroom plan. Open kitchen, breakfast area & family room w/fireplace. Formal Living & dining room. Separate bedroom & bath for in-laws, office. Impact windows and doors throughout. Master suite has a sitting area, two walk-in closets, the master suite has a roman tub, separate shower w/dual sinks. Tiki Hut in the back yard with beautiful views of Cutler Cay lake. Brand new 5 ton a/c. HOA fees include AT&T cable, Internet, ADT alarm all included. Fabulous Clubhouse w/heated pool & spa, 2 gyms, basketball courts, ballroom & outside bar & table setting. Management on site. Guard gated entry 24/7.

Last Agent to Sell the Property

Doris J. Parham, P.A.

Coldwell Banker Realty License #0197865 Listed on: 08/19/2019

Coldwell Banker Realty

Last Buyer's Agent

Ivan Evanoff

Canvas Real Estate License #3092821

Canvas Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,498

Year Built

  • Built in 2005

Lot Details

  • 0.4 Acre Lot
  • Lake Front
  • North Facing Home
  • Fenced
  • Property is zoned 01

HOA Fees

  • $431 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,598 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Roman Tub

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Clear Impact Glass
  • High Impact Door

Outdoor Features

  • Patio

Schools

  • Edward Whigham Elementary School
  • Cutler Bay Middle School
  • Miami Southridge High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 36-60-03-034-0450

Community Details

Overview

  • Cutler Cay Subdivision, Assisi Floorplan

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,498

Year Built

Built in 2005

Lot Details

0

HOA Fees

$431 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Old Cutler Rd. just past SW 184 Street. Community is guard gated 24/7. After you pass the guard gate turn right at stop sign. Property is on the left on the Cutler Cay Lake.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Master Model: Assisi
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Cutler Cay
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Pantry, Roman Tub, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Family Room, Utility Room/Laundry
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 3598
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass
  • Bedroom Features: Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks

Exterior Features

  • Roof: Barrel Roof
  • View: Lake
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Cutler Cay
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 431
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Clubhouse, Pool, Tennis Court(s), Exercise Room, Gated Community, Management On Site
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Edward Whigham
  • High School: Miami Southridge
  • Middle Or Junior School: Cutler Bay

Lot Info

  • Parcel Number: 36-60-03-034-0450
  • Lot Size Sq Ft: 17500
  • Zoning: 01
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 11498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Jan 17, 2020
Sold by
Bunge Pablo F and Bunge Celia B
Bought by
Amanda Property 2019 Llc
Seller's Agent
Doris J. Parham, P.A.
Coldwell Banker Realty
Buyer's Agent
Ivan Evanoff
Canvas Real Estate
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%
Current Estimated Value
$1,322,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,381
Avg. Annual Appreciation
10.94%

Purchase Details

Listed on
Jul 1, 2014
Closed on
Nov 10, 2014
Sold by
Gonzalez Dione and Torres Carolina
Bought by
Bunge Pablo F and Bunge Celia B
Seller's Agent
Miguel Solis
Douglas Elliman
Buyer's Agent
Chris Crystal
Miami Real Estate Company
List Price
$789,000
Sold Price
$695,700
Premium/Discount to List
-$93,300
-11.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.80%
Original Mortgage
$417,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2009
Sold by
Martinez Julio
Bought by
Gonzalez Dione and Torres Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 2005
Sold by
Shoma Development Corp
Bought by
Martinez Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,990
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
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 Property 2019 Llc $725,000 Stewart Title Company
Bunge Pablo F $695,700 Attorney
Gonzalez Dione $352,000 Attorney
Martinez Julio $690,000 The Greater Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bunge Pablo F $417,000
Previous Owner Gonzalez Dione $281,600
Previous Owner Martinez Julio $620,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2020 01/17/20 Sold $725,000 -0.2% $202 / Sq Ft
12/03/2019 12/03/19 Pending -- -- --
10/08/2019 10/08/19 Price Changed $726,500 -3.0% $202 / Sq Ft
08/19/2019 08/19/19 For Sale $749,000 +7.7% $208 / Sq Ft
11/10/2014 11/10/14 Sold $695,700 -4.0% $158 / Sq Ft View Prior Sale
10/14/2014 10/14/14 Pending -- -- --
09/26/2014 09/26/14 Price Changed $725,000 -8.1% $165 / Sq Ft
07/01/2014 07/01/14 For Sale $789,000 -- $179 / 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 $20,292 $842,277 -- --
2024 $19,193 $765,707 -- --
2023 $19,193 $696,098 $0 $0
2022 $16,652 $632,817 $0 $0
2021 $14,118 $575,289 $187,500 $387,789
2020 $13,485 $563,339 $171,250 $392,089
2019 $11,919 $533,824 $0 $0
2018 $11,499 $523,871 $0 $0
2017 $11,414 $513,096 $0 $0
2016 $11,371 $502,543 $0 $0
2015 $11,258 $499,050 $0 $0
2014 $8,587 $349,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10724754

MIAMI REALTORS® MLS

APN: 36-6003-034-0450