NOT LISTED FOR SALE

8275 SW 172nd St Palmetto Bay, FL 33157

Estimated Value: $1,158,000 - $1,493,000

5 Beds
3 Baths
2,221 Sq Ft
$593/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $615,000 $277 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $8,356/month

155 Days on Market

Highlights

  • RV or Boat Parking
  • 56,628 Sq Ft lot
  • Vaulted Ceiling
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • Room in yard for a pool
  • Garden View

About This Home

As of August 2020

Handyman's special or development potential. Renovate existing 5 bedroom 3 bath home and subdivide and build at least one home and possibly two on remainder of property. 56,628 square foot lot that may be subdivided. The minimum buildable lot in this area is 15,000. One level 5 bdrm 3 bath home with an efficiency with separate entrance. Beamed ceilings in the spacious living room. The home is approx. 2872 square feet on an enormous 56,628 sq ft lot. Renovate existing home and have a wonderful estate or keep the main house and subdivide the lot to build on or sell off. This is an estate sale and all contracts must be approved by the court. Excellent investment opportunity! Do not approach the home, please call listing agent to show..

Last Agent to Sell the Property

Joan Andre

Douglas Elliman License #0346087 Listed on: 11/04/2019

Douglas Elliman

Last Buyer's Agent

Mitchell Holder

Grove Properties License #3351833

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,707

Year Built

  • Built in 1953

Lot Details

  • 1.3 Acre Lot
  • Northeast Facing Home
  • Property is zoned 2300

Home Design

  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,221 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Den
  • Garden Views
  • Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Room in yard for a pool
  • Porch

Schools

  • Perrine Elementary School
  • Southwood Middle School
  • Miami Palmetto High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Unplatted Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-34-000-0211

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,707

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Directions: Property runs off SW 83rd Avenue
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: UNPLATTED
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Other Equipment/Appliances, Refrigerator
  • Interior Amenities: First Floor Entry, Volume Ceilings, Attic, Den/Library/Office, Family Room
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2221
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Living Room Features: Attic, Den/Library/Office, Family Room

Exterior Features

  • Roof: Composition Roll
  • View: Garden
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: UNPLATTED
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, Rv/Boat Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Perrine
  • High School: Miami Palmetto
  • Middle Or Junior School: Southwood

Lot Info

  • Parcel Number: 33-50-34-000-0211
  • Lot Size Sq Ft: 56628
  • Zoning: 2300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3707

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Aug 14, 2020
Sold by
Underwood Sayre and Allmand Marjorie Emmert
Bought by
Palmetto Highlands Llc
Seller's Agent
Joan Andre
Douglas Elliman
Buyer's Agent
Mitchell Holder
Grove Properties
List Price
$750,000
Sold Price
$615,000
Premium/Discount to List
-$135,000
-18%
Current Estimated Value
$1,317,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$702,956
Avg. Annual Appreciation
15.82%
Original Mortgage
$1,000,000
Interest Rate
2.8%
Mortgage Type
Commercial
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
Palmetto Highlands Llc $615,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Palmetto Highlands Llc $1,000,000
Closed Allmand Marge E $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $615,000 -18.0% $277 / Sq Ft
11/04/2019 11/04/19 For Sale $750,000 -- $338 / 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 $14,272 $594,473 -- --
2023 $14,272 $642,161 $0 $0
2022 $11,902 $583,783 $0 $0
2021 $12,689 $675,152 $551,034 $124,118
2020 $4,008 $264,345 $0 $0
2019 $3,907 $258,402 $0 $0
2018 $3,707 $253,584 $0 $0
2017 $3,687 $248,369 $0 $0
2016 $3,652 $243,261 $0 $0
2015 $3,712 $241,571 $0 $0
2014 $3,761 $239,654 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10766285

MIAMI REALTORS® MLS

APN: 33-5034-000-0211