NOT LISTED FOR SALE

8164 SW 171st St Palmetto Bay, FL 33157

Estimated Value: $1,313,000 - $1,659,000

5 Beds
3.5 Baths
3,312 Sq Ft
$460/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $799,000 $241 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $9,542/month

171 Days on Market

Highlights

  • Guest House
  • Home Theater
  • Active Adult
  • 1 Bedroom Guest House
  • In Ground Pool
  • Sitting Area In Primary Bedroom

About This Home

As of May 2020

Immaculate Palmetto Bay Corner Lot Home, East of US 1, located on fully gated Prestigious Groves at Old Cutler! Enter the 5 Bedroom & 3 1/2 Bath home through the meticulously maintained Patio Garden. This home is an entertainer’s delight with a spectacular floor to ceiling windows, heated pool, patio, and garden area. Spacious gourmet kitchen features a gas range & island w/ built-in cabinetry. High Elevation, no need for Flood Insurance Full equipped Guest House serate from the main home. Other luxury features include: All impact windows and Doors, security cameras all through. Old Cutler is a gated full security man community.

Last Agent to Sell the Property

Sandra Osorio

Compass Florida, LLC License #3106942 Listed on: 11/13/2019

Compass Florida, LLC

Last Buyer's Agent

Jesus Castanon

Real Estate Empire Group, Inc. License #0672761

Real Estate Empire Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,817

Year Built

  • Built in 1996

Lot Details

  • 0.35 Acre Lot
  • Northeast Facing Home
  • Fenced
  • Property is zoned 2100

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Elevated Home
  • Studio
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,312 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Solar Tinted Windows
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Utility Room in Garage
  • Storage Room
  • Pool Views

Kitchen

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

Flooring

  • Parquet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Hallway
  • Handicap Accessible
  • Accessible Doors
  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

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

Additional Homes

  • Guest House
  • 1 Bedroom Guest House

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33-50-34-042-0510

Community Details

Overview

  • Active Adult
  • Groves At Old Cutler,Groves At Old Cutler Subdivision
  • Mandatory home owners association
  • Maintained Community
  • The community has rules related to building or community restrictions, no recreational vehicles or boats, no trucks or trailers

Amenities

  • Picnic Area

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,817

Year Built

Built in 1996

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story, Mediterranean
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: GROVES AT OLD CUTLER,Groves at Old Cutler
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bedroom
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Fire Sprinklers, Entrance Foyer, Handicap Accessible, Pantry, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Family Room, Separate Guest/In-Law Quarters, Media Room, Storage, Studio Apartment, Utility/Laundry In Garage
  • Spa Yn: No
  • Accessibility Features: Accessible Entrance, Handicap Access, Accessible Doors, Accessible Hallway(s), Handicap Accessible
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Parquet
  • Furnished: Unfurnished
  • Living Area: 3312
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass, Solar Film/Tinted, Thermal Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining, Kitchen Dining, Other
  • Living Room Features: Family Room, Separate Guest/In-Law Quarters, Guest House, Media Room, Storage Room, Studio Apartment, Utility/Laundry In Garage
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only

Exterior Features

  • Roof: Barrel Roof
  • View: Pool
  • Exterior Features: Barbeque, Fruit Trees, Lighting, Open Balcony
  • Construction Type: CBS Construction, Elevated Construction
  • Direction Faces: Northeast
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Open Balcony, Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GROVES AT OLD CUTLER
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Fuse Box
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: In Garage
  • Security: Fire Sprinklers, Fire Alarm, Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Gated, Gated Community, Maintained Community, Mandatory Hoa, Paved Road, Picnic Area, Private Roads, Security Patrol, Street Lights, Subdivision Restrictions, Underground Utilities
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 33-50-34-042-0510
  • Lot Size Sq Ft: 15343
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2017
Sold by
Gallo Alicia
Bought by
Marin Jhon Eric
Current Estimated Value
$1,521,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,500
Outstanding Balance
$483,175
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,038,698

Purchase Details

Listed on
Jun 13, 2011
Closed on
Mar 20, 2012
Sold by
Martinez Antonio Gomez
Bought by
Gallo Alicia
Seller's Agent
Ernesto Bascuas
Compass Florida, LLC
Buyer's Agent
Jorge De Pina
Mia Realty, Corp.
List Price
$517,000
Sold Price
$517,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$413,600
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2010
Sold by
Carpets & Rugs Warehouses Inc
Bought by
Martinez Antonio Gomez

Purchase Details

Closed on
Feb 13, 2007
Sold by
Florida Estates G & A Corp
Bought by
Carpets & Rugs Warehouses Inc

Purchase Details

Closed on
Apr 23, 1999
Sold by
Old Cutler Creek Limited Partners
Bought by
Florida Estates G & A Corp
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
Marin Jhon Eric $735,000 Attorney
Gallo Alicia $517,000 Attorney
Martinez Antonio Gomez $350,830 Attorney
Carpets & Rugs Warehouses Inc -- Enterprise Title Inc
Florida Estates G & A Corp $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marin Jhon Eric $555,500
Previous Owner Gallo Alicia $413,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2020 05/21/20 Sold $799,000 0.0% $241 / Sq Ft
03/26/2020 03/26/20 Price Changed $799,000 -0.1% $241 / Sq Ft
03/10/2020 03/10/20 Price Changed $800,000 -0.5% $242 / Sq Ft
03/09/2020 03/09/20 Price Changed $804,000 -0.6% $243 / Sq Ft
02/24/2020 02/24/20 Price Changed $809,000 -0.6% $244 / Sq Ft
01/29/2020 01/29/20 Price Changed $814,000 -0.5% $246 / Sq Ft
01/10/2020 01/10/20 Price Changed $818,000 -0.2% $247 / Sq Ft
12/12/2019 12/12/19 Price Changed $820,000 -3.4% $248 / Sq Ft
11/12/2019 11/12/19 For Sale $849,000 0.0% $256 / Sq Ft
09/15/2018 09/15/18 Rented $5,950 0.0% --
08/30/2018 08/30/18 Under Contract -- -- --
08/13/2018 08/13/18 Price Changed $5,950 -13.1% $2 / Sq Ft
07/21/2018 07/21/18 For Rent $6,850 0.0% --
03/20/2012 03/20/12 Sold $517,000 0.0% $146 / Sq Ft View Prior Sale
02/22/2012 02/22/12 Pending -- -- --
06/13/2011 06/13/11 For Sale $517,000 -- $146 / 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 $17,276 $666,124 -- --
2024 $10,835 $647,351 -- --
2023 $10,835 $628,497 $0 $0
2022 $10,468 $610,192 $0 $0
2021 $10,465 $592,420 $242,744 $349,676
2020 $9,961 $527,553 $212,401 $315,152
2019 $20,545 $531,405 $212,401 $319,004
2018 $10,817 $589,099 $212,401 $376,698
2017 $8,392 $482,883 $0 $0
2016 $8,359 $472,952 $0 $0
2015 $8,509 $469,665 $0 $0
2014 $8,613 $465,938 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10771637

MIAMI REALTORS® MLS

APN: 33-5034-042-0510