NOT LISTED FOR SALE

7960 SW 197th Terrace Cutler Bay, FL 33189

Estimated Value: $676,000 - $733,000

4 Beds
2 Baths
1,660 Sq Ft
$422/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $405,000 $244 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,503/month

13 Days on Market

Highlights

  • Concrete Pool
  • Tennis Courts
  • Cooking Island
  • Garden View
  • Den
  • Converted Garage

About This Home

As of August 2019

Fully renovated single family in a great neighborhood featuring new title roof, porcelain floors, French doors, new PVC pipes, impact windows on the front side and shutters in the back, new interior doors and walk-in closet. The house has an open floor plan and Online security cameras. The kitchen has been remolded with quartza counter tops and backslash and new quality appliances have been installed. Bathrooms fully remolded with new tub, porcelain tile along the walls. Large patio recently screened and brand new fence. The interior/exterior has been recently painted. In addition the many amenities in the Saga Bay Community including 24 security, two beach areas, playgrounds, tennis court, kayaking, all in walking distance. Garage converted into living space, broad backyard with a POOL.

Last Agent to Sell the Property

Christopher Forcade

Skyline Realty, LLC License #3360513 Listed on: 06/20/2019

Last Buyer's Agent

Marian Iglesias

Privee Real Estate INC License #3272670

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,432

Year Built

  • Built in 1974

Lot Details

  • 7,840 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Open Floorplan
  • Den
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Complete Impact Glass

Parking

  • 2 Carport Spaces
  • Converted Garage
  • Driveway
  • Open Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Equipment Stays

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36-60-03-016-0250

Community Details

Overview

  • Saga Bay Sec 1 Pt 4 Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,432

Year Built

Built in 1974

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: SAGA BAY SEC 1 PT 4
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Den/Library/Office, Garage Converted
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1660
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Complete Accordian Shutters, Complete Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Family/Dining Combination, Florida/Dining Combination
  • Living Room Features: Den/Library/Office, Garage Converted
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Flat Tile
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground, Concrete, Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: SAGA BAY SEC 1 PT 4
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 33
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Additional Amenities, Tennis Court(s)
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 36-60-03-016-0250
  • Lot Size Sq Ft: 7840
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2024
Sold by
Perez Velazco Carlos R and Perez-Velazco Laura B
Bought by
Rodriquez Jason and Perez-Velazco Laura B
Current Estimated Value
$700,801

Purchase Details

Listed on
Jun 20, 2019
Closed on
Aug 29, 2019
Sold by
Nicaragua Jacqueline Nariman and Duchowny Alexandra Michaela
Bought by
Perez Velazco Carles R and Velazco Rosa E Perez
Seller's Agent
Christopher Forcade
Skyline Realty, LLC
Buyer's Agent
Marian Iglesias
Privee Real Estate INC
List Price
$453,000
Sold Price
$405,000
Premium/Discount to List
-$48,000
-10.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$255,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2018
Closed on
Sep 10, 2018
Sold by
Pena Jose and Pen Gioconda
Bought by
Nicaragua Jacqueline Nariman and Duchowny Alexandra Michaela
Seller's Agent
Oscar Rouco
Keller Williams Capital Realty
Buyer's Agent
Christopher Forcade
Skyline Realty, LLC
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$327,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2013
Closed on
Aug 23, 2013
Sold by
Federal National Mortgage Association
Bought by
Pena Jose
Seller's Agent
Jennifer Thomson
Coldwell Banker Realty
Buyer's Agent
Rafael Perez
Perez Realty Team LLC
List Price
$269,900
Sold Price
$249,000
Premium/Discount to List
-$20,900
-7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$236,550
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2013
Sold by
Lopez Omar R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 15, 1999
Sold by
Zadnik Frank J
Bought by
Lopez Omar R and Lopez Daisy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,350
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 1995
Sold by
Frassinelli Anthony and Frassinelli Lori
Bought by
Zadnick Frank
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
Rodriquez Jason -- None Listed On Document
Rodriquez Jason -- None Listed On Document
Perez Velazco Carles R $405,000 Attorney
Nicaragua Jacqueline Nariman $365,000 Attorney
Pena Jose $249,000 Bayview Title Services Inc
Federal National Mortgage Association $205,100 None Available
Lopez Omar R $133,000 --
Zadnick Frank $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Velazco Carles R $255,000
Previous Owner Nicaragua Jacqueline Nariman $327,500
Previous Owner Pena Jose $236,550
Previous Owner Lopez Omar R $207,000
Previous Owner Lopez Omar R $32,200
Previous Owner Lopez Omar R $126,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2019 08/29/19 Sold $405,000 -4.7% $244 / Sq Ft
07/02/2019 07/02/19 Pending -- -- --
06/23/2019 06/23/19 Price Changed $425,000 -6.2% $256 / Sq Ft
06/19/2019 06/19/19 For Sale $453,000 +24.1% $273 / Sq Ft
09/13/2018 09/13/18 Sold $365,000 -2.7% $220 / Sq Ft View Prior Sale
07/27/2018 07/27/18 For Sale $375,000 0.0% $226 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $375,000 +50.6% $226 / Sq Ft
08/23/2013 08/23/13 Sold $249,000 -0.4% $118 / Sq Ft View Prior Sale
07/29/2013 07/29/13 Pending -- -- --
07/02/2013 07/02/13 Price Changed $249,900 -7.4% $118 / Sq Ft
05/07/2013 05/07/13 For Sale $269,900 -- $127 / 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 $9,622 $537,843 $235,200 $302,643
2024 $8,614 $456,399 -- --
2023 $8,614 $414,909 $0 $0
2022 $7,871 $377,190 $0 $0
2021 $6,831 $342,900 $109,760 $233,140
2020 $6,391 $321,938 $86,240 $235,698
2019 $5,817 $292,861 $78,400 $214,461
2018 $3,432 $207,577 $0 $0
2017 $3,394 $203,308 $0 $0
2016 $3,359 $199,127 $0 $0
2015 $3,395 $197,743 $0 $0
2014 -- $196,174 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10694088

MIAMI REALTORS® MLS

APN: 36-6003-016-0250