NOT LISTED FOR SALE

8040 SW 162nd St Palmetto Bay, FL 33157

Estimated Value: $949,000 - $1,359,000

4 Beds
2.5 Baths
2,797 Sq Ft
$431/Sq Ft Est. Value

Last Sold September 23, 2019

Last sale price $650,000 $232 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $7,156/month

68 Days on Market

Highlights

  • In Ground Pool
  • Recreation Room
  • Wood Flooring
  • Coral Reef Elementary School Rated A
  • Vaulted Ceiling
  • Garden View

About This Home

As of September 2019

Beautiful and welcoming Tommy Bahama inspired, Jennings-built home in move-in ready condition. Outside is surrounded by lush, mature Oaks, while indoors boasts plantation wood shutters, travertine tile/wood floors, indoor laundry, wood-burning fireplace, newer roof & freshly painted throughout. Chef’s kitchen w/breakfast bar, stainless appliances, dual wall ovens, granite counters & huge pass-through serving windows. Walls of French doors lead seamlessly to spacious, enclosed patio/pool area with built-in gas BBQ cooktop and comfortable living spaces make indoor/outdoor entertaining a pleasure day or night! Top public/private schools, near parks, shopping, restaurants. Truly a gem to call home!

Last Agent to Sell the Property

Kerri Leon

Coldwell Banker Realty License #3319626 Listed on: 05/08/2019

Coldwell Banker Realty

Last Buyer's Agent

Judy Wolf-Seigel

Coldwell Banker Realty License #0500377

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,363

Year Built

  • Built in 1977

Lot Details

  • 0.34 Acre Lot
  • North Facing Home
  • Fenced
  • Property is zoned 2100

Parking

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

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,797 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • French Doors
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Recreation Room
  • Sun or Florida Room
  • Storage Room
  • Garden Views
  • Fire Sprinkler System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Club Membership Required
  • Oak Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-27-039-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,363

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: GPS/Waze- SW 82nd Ave to 162 ST...
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: OAK HOMES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Fire Sprinklers, Entrance Foyer, French Doors, Laundry Tub, Pantry, Volume Ceilings, Walk-In Closet(s), Family Room, Florida Room, Recreation Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 2797
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters, Plantation Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Family Room, Florida Room, Recreation Room, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden
  • Exterior Features: Barbeque, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio, Screened Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OAK HOMES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-27-039-0030
  • Lot Size Sq Ft: 14888
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Sep 23, 2019
Sold by
Olson John Mason and Olson Ashley
Bought by
Woods Garth and Woods Lorraine
Seller's Agent
Kerri Leon
Coldwell Banker Realty
Buyer's Agent
Judy Wolf-Seigel
Coldwell Banker Realty
List Price
$670,000
Sold Price
$650,000
Premium/Discount to List
-$20,000
-2.99%
Current Estimated Value
$1,206,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,428
Avg. Annual Appreciation
10.67%
Original Mortgage
$552,500
Outstanding Balance
$482,949
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$723,479

Purchase Details

Listed on
Feb 17, 2017
Closed on
Jun 1, 2017
Sold by
Lusak Lisa
Bought by
Olson John Mason and Olson Ashley
Seller's Agent
Kerri Leon
Coldwell Banker Realty
Buyer's Agent
Kerri Leon
Coldwell Banker Realty
List Price
$660,000
Sold Price
$650,000
Premium/Discount to List
-$10,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$400,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1996
Sold by
Lusak Raymond J and Lusak Lisa
Bought by
Lusak Raymond J and Lusak Lisa

Purchase Details

Closed on
May 16, 1995
Sold by
Hanson Thomas A and Hanson Cathy D
Bought by
Lusak Raymond J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
8.39%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Woods Garth $650,000 Sunbelt Title Agency
Olson John Mason $650,000 Sunbelt Title Agency
Lusak Raymond J $100 --
Lusak Raymond J $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods Garth $552,500
Previous Owner Olson John Mason $400,000
Previous Owner Lusak Raymond J $151,400
Previous Owner Lusak Raymond J $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2019 09/23/19 Sold $650,000 -3.0% $232 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $670,000 +3.1% $240 / Sq Ft
06/01/2017 06/01/17 Sold $650,000 -1.5% $232 / Sq Ft View Prior Sale
02/22/2017 02/22/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $660,000 -- $236 / 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 $9,953 $589,381 -- --
2024 $9,569 $572,771 -- --
2023 $9,569 $556,089 $0 $0
2022 $9,239 $539,893 $0 $0
2021 $9,231 $524,168 $0 $0
2020 $9,050 $516,931 $223,320 $293,611
2019 $9,095 $519,083 $223,320 $295,763
2018 $9,363 $506,348 $208,432 $297,916
2017 $5,393 $315,919 $0 $0
2016 $5,359 $309,422 $0 $0
2015 $5,451 $307,272 $0 $0
2014 $5,515 $304,834 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10670411

MIAMI REALTORS® MLS

APN: 33-5027-039-0030