7980 SW 140th Terrace Palmetto Bay, FL 33158
Estimated Value: $1,163,000 - $1,306,000
            
                4
                Beds
            
            
            
                2
                Baths
            
            
            
                2,408
                Sq Ft
            
            
                
                    $502/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 7980 SW 140th Terrace, Palmetto Bay, FL 33158 and is currently estimated at $1,207,915, approximately $501 per square foot. 7980 SW 140th Terrace is a home located in Miami-Dade County with nearby schools including Howard Drive Elementary School, Palmetto Middle School, and Miami Palmetto Senior High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jul 6, 2021
            
        
                Sold by
            
            
                Labovitz Barry M and Labovitz Karen A
            
        
                Bought by
            
            
                Elman Scott Andrew and Perdomo Joanna Elizabeth
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $600,000
            
        
                Outstanding Balance
            
            
                $544,407
            
        
                Interest Rate
            
            
                2.9%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $663,508
            
        Purchase Details
                Closed on
            
            
                Jun 22, 1993
            
        
                Sold by
            
            
                Kolman Leslie F and Kolman Helen
            
        
                Bought by
            
            
                Labovitz Barry M and Labovitz Karen A
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Elman Scott Andrew | $750,000 | Attorney | |
| Labovitz Barry M | $235,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Elman Scott Andrew | $600,000 | 
                Source: Public Records
            
        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 | $12,682 | $750,890 | -- | -- | 
| 2024 | $12,235 | $729,728 | -- | -- | 
| 2023 | $12,235 | $708,474 | $0 | $0 | 
| 2022 | $11,826 | $687,839 | $302,170 | $385,669 | 
| 2021 | $5,249 | $303,908 | $0 | $0 | 
| 2020 | $5,148 | $299,713 | $0 | $0 | 
| 2019 | $5,031 | $292,975 | $0 | $0 | 
| 2018 | $4,807 | $287,513 | $0 | $0 | 
| 2017 | $4,787 | $281,600 | $0 | $0 | 
| 2016 | $4,753 | $275,809 | $0 | $0 | 
| 2015 | $4,833 | $273,892 | $0 | $0 | 
| 2014 | $4,889 | $271,719 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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