NOT LISTED FOR SALE

7999 SW 140th Terrace Palmetto Bay, FL 33158

Estimated Value: $1,254,471

4 Beds
2 Baths
2,384 Sq Ft
$526/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $980,000 $411 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,032/month

44 Days on Market

Highlights

  • In Ground Pool
  • Home fronts a canal
  • Circular Driveway
  • Howard Drive Elementary School Rated A-
  • No HOA
  • Walk-In Closet

About This Home

As of May 2022

This Palmetto Bay beauty awaits its new owners to call it home. Open layout with wood laminate and tile throughout with plenty of closet space for extra storage. The spacious family room offers a spectacular view of the pool & the roomy living spaces are ideal for entertaining & enjoying w/ loved ones. Exit through French doors to a covered terrace that overlooks a large screened-in pool and canal. This generously sized backyard will not disappoint with enough space to create your oasis. The side of the home has plenty of room for a boat or RV. The roof was replaced in 2017 for an extra sense of security. A fabulous sought-after location/school district. A must-see to appreciate.

Last Agent to Sell the Property

Anthony Askowitz

RE/MAX Advance Realty II License #550119 Listed on: 04/08/2022

RE/MAX Advance Realty II

Last Buyer's Agent

Salesperson Non Member

Non-MLS Member License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,769

Year Built

  • Built in 1968

Lot Details

  • 0.34 Acre Lot
  • Home fronts a canal
  • South Facing Home
  • Property is zoned 2100

Parking

  • 2 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,384 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • French Doors
  • Family Room
  • Tile Flooring
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Washer

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting

Schools

  • Howard Drive Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Royal Palm Harbor 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-22-029-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,769

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: ROYAL PALM HARBOR 1ST ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, French Doors, Walk-In Closet(s), Family Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 2384
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Other
  • View: Canal
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: In Ground, Screen Enclosure
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ROYAL PALM HARBOR 1ST ADD
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Other
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Howard Drive
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 33-50-22-029-0010
  • Lot Size Sq Ft: 15000
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5769

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 17, 2022
Sold by
Goodman Donald B and Liv Terri
Bought by
Palazzo Santiago Agustin and Pertack Andrea Guillemin
Seller's Agent
Anthony Askowitz
RE/MAX Advance Realty II
Buyer's Agent
Salesperson Non Member
Non-MLS Member
List Price
$950,000
Sold Price
$980,000
Premium/Discount to List
$30,000
3.16%
Total Days on Market
44
Current Estimated Value
$1,254,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,471
Avg. Annual Appreciation
7.79%
Original Mortgage
$735,000
Outstanding Balance
$703,461
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$538,705

Purchase Details

Closed on
May 27, 2020
Sold by
Goodman Donald B and Goodman Terri L
Bought by
Goodman Terri L and Goodman Donald B

Purchase Details

Closed on
Feb 28, 1995
Sold by
Schneider Ann F
Bought by
Goodman Donald B and Goodman Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
9.05%
Source: Public Records

Range of Values:

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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
Palazzo Santiago Agustin $980,000 New Title Company Name
Goodman Terri L -- Attorney
Goodman Donald B $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palazzo Santiago Agustin $735,000
Previous Owner Goodman Donald B $162,850
Previous Owner Goodman Donald B $25,000
Previous Owner Goodman Donald B $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $980,000 +3.2% $411 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $950,000 -3.1% $398 / Sq Ft
04/11/2022 04/11/22 Off Market $980,000 -- --
04/08/2022 04/08/22 For Sale $950,000 -- $398 / 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
2024 $13,011 $775,460 -- --
2023 $13,011 $752,874 $405,000 $347,874
2022 $5,791 $342,655 $0 $0
2021 $5,769 $332,675 $0 $0
2020 $5,658 $328,082 $0 $0
2019 $5,529 $320,706 $0 $0
2018 $5,285 $314,727 $0 $0
2017 $5,265 $308,254 $0 $0
2016 $5,230 $301,914 $0 $0
2015 $5,320 $299,816 $0 $0
2014 $5,382 $297,437 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11186866

MIAMI REALTORS® MLS

APN: 33-5022-029-0010

Florida Miami/Dade County Palmetto Bay 33158

7999 SW 140th Terrace, Palmetto Bay, FL

This home is located at 7999 SW 140th Terrace, Palmetto Bay, FL 33158 since 08 April 2022 and is currently priced at $1,254,471, approximately $526 per square foot. This property was built in 1968. 7999 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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