NOT LISTED FOR SALE

7961 SW 198th St Cutler Bay, FL 33189

Estimated Value: $742,000 - $825,000

4 Beds
4 Baths
2,655 Sq Ft
$291/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $395,000 $149 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $5,044/month

60 Days on Market

Highlights

  • Outdoor Pool
  • Circular Driveway
  • Porch
  • Deck
  • Skylights
  • 3-minute walk to Saga Lake Park

About This Home

As of April 2020

Ready to move in! wonderful opportunity in Saga Bay , 2 story single family home 4BD 3BA, on a quiet street with lots of updates!, open concept layout that integrates family room and dining room , white open kitchen with quartz counter tops, garage, swimming pool. All bedrooms upstairs, Family oriented neighborhood, close to shoppings, parks, schools, Black Point Marina .

Last Agent to Sell the Property

Mary Jurado

Florida Realty of Miami Corp License #3223312 Listed on: 01/17/2020

Florida Realty of Miami Corp

Last Buyer's Agent

Riley Smith

Compass Florida, LLC License #3028618

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,553

Year Built

  • Built in 1974

Lot Details

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

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Interior Spaces

  • 2,655 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Entrance Foyer
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 4 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Deck
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 36-60-03-016-0220

Community Details

Overview

  • Saga Bay Sec 1 Pt 4 Subdivision

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,553

Year Built

Built in 1974

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • 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_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: First Floor Entry, Second Floor Entry, Entrance Foyer, Other, Pantry, Skylight
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 2655
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Skylight
  • Bedroom Features: Master Bedroom Upstairs, Other
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: None
  • Construction Type: Other
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Porch, Patio
  • Pool Features: Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 396
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Other, Security Patrol
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 36-60-03-016-0220
  • Lot Size Sq Ft: 7840
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2553

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2024
Sold by
Larroche Martinez Alberto Alexei
Bought by
Martinez Alberto Alexei Larro
Current Estimated Value
$773,736

Purchase Details

Listed on
Jan 17, 2020
Closed on
Apr 27, 2020
Sold by
Zacit Corp
Bought by
Martinez Alberto Alexci Larroche
Seller's Agent
Mary Jurado
Florida Realty of Miami Corp
Buyer's Agent
Riley Smith
Compass Florida, LLC
List Price
$438,900
Sold Price
$395,000
Premium/Discount to List
-$43,900
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.98%
Original Mortgage
$375,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2019
Sold by
Mabein Group Corp
Bought by
Zacit Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2018
Sold by
Worthington Katherine P
Bought by
Mabein Group Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2003
Sold by
Marquez Roberto and Marquez Consuelo
Bought by
Worthington Katherine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
5.86%

Purchase Details

Closed on
Jan 19, 2001
Sold by
Harris Mason M
Bought by
Marquez Roberto and Marquez Consuelo

Purchase Details

Closed on
Dec 28, 1998
Sold by
Peter M Vanderklauw Tr and Patricia F Vanderklauw Tr
Bought by
Harris Mason M

Purchase Details

Closed on
Aug 11, 1998
Sold by
Liftplate Realty Co Inc
Bought by
Vanderklauw Peter M and Vanderklauw Patricia F
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
Martinez Alberto Alexei Larro -- None Listed On Document
Martinez Alberto Alexci Larroche $395,000 Sunny Title Co
Zacit Corp $430,000 Allied Title Group Llc
Mabein Group Corp $285,000 Allied Title Group Llc
Worthington Katherine P $230,000 Sunbelt Title Agency
Marquez Roberto $160,000 --
Harris Mason M $122,500 --
Vanderklauw Peter M $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Alberto Alexci Larroche $375,250
Previous Owner Zacit Corp $337,500
Previous Owner Mabein Group Corp $250,000
Previous Owner Vanderklauw Peter M $45,000
Previous Owner Worthington Katherine P $207,000
Previous Owner Vanderklauw Peter M $11,406
Previous Owner Vanderklauw Peter M $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2020 04/27/20 Sold $395,000 -8.1% $149 / Sq Ft
02/18/2020 02/18/20 Price Changed $430,000 -2.0% $162 / Sq Ft
01/16/2020 01/16/20 For Sale $438,900 -- $165 / 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 $11,528 $518,945 -- --
2024 $8,618 $504,320 -- --
2023 $8,618 $489,632 $0 $0
2022 $8,317 $475,371 $152,880 $322,491
2021 $6,978 $350,831 $109,760 $241,071
2020 $6,717 $339,689 $86,240 $253,449
2019 $6,330 $321,016 $78,400 $242,616
2018 $2,553 $158,088 $0 $0
2017 $2,523 $154,837 $0 $0
2016 $2,488 $151,653 $0 $0
2015 $2,513 $150,599 $0 $0
2014 -- $149,404 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mary Jurado

    Florida Realty of Miami

    Section Image
  • Riley Smith

    Buyer's Agent in 2020

    Riley Smith

    Compass Florida, LLC

    (786) 550-6054

    11 in this area

    731 Total Sales

    Riley Smith
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10802025

MIAMI REALTORS® MLS

APN: 36-6003-016-0220

Florida Miami/Dade County Cutler Bay 33189

7961 SW 198th St, Cutler Bay, FL

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