NOT LISTED FOR SALE

8305 SW 174th Terrace Palmetto Bay, FL 33157

Estimated Value: $1,743,465 - $1,941,000

5 Beds
3.5 Baths
3,996 Sq Ft
$469/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $1,170,000 $293 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $11,898/month

11 Days on Market

Highlights

  • In Ground Pool
  • Home fronts a canal
  • Marble Flooring
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • Recreation Room
  • Main Floor Bedroom

About This Home

As of June 2021

Located in desirable Palmetto Bay, east of US1, this 2-story, 5-bed, 3.5-bath home offers nearly 4,000 sf in a top Miami neighborhood. The .34-acre lot on a quiet street is theultimate in privacy, with lush landscaping & a backyard bordered by the widest part of the canal. The outdoors also includes a circular driveway, pool and stone paver patio, as well as a large covered patio with built-in grill. Inside, the home offers a grand double-door entrance, formal living& dining, split bedroom floor-plan with 2 bedrooms downstairs and 3 upstairs, ample closet space and bonus secret storage. Other extras like a converted ground-floor home gym/playroom space, whole-house central vacuum system, new impact windows, new roof, and fresh paint inside and out make this the perfect Palmetto Bay escape.

Last Agent to Sell the Property

Silvia Yaniz

One Sotheby's International Realty License #3110009 Listed on: 04/09/2021

One Sotheby's International Realty

Last Buyer's Agent

Drew Kern

BHHS EWM Realty License #0628522

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,110

Year Built

  • Built in 1986

Lot Details

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

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Open Parking

Property Views

  • Canal
  • Pool

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,996 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Central Vacuum
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Recreation Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Intercom Access
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Pool Bathroom

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Old Cutler Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-34-019-0460

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,110

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: OLD CUTLER SHORES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Custom Mirrors, Entrance Foyer, Pantry, Walk-In Closet(s), Family Room, Recreation Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3996
  • Other Equipment: Automatic Garage Door Opener, Central Vacuum, Intercom
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Blinds, Drapes, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Family Room, Recreation Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Tile
  • View: Canal, None, Pool
  • Exterior Features: Barbeque, Built-In Grill, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Pool Bath
  • Pool Private: No
  • View: No
  • Waterfront Features: WF/Pool/No Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OLD CUTLER SHORES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Paver Block

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 33-50-34-019-0460
  • Lot Size Sq Ft: 15000
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 10, 2021
Sold by
Pacheco Ramon and Pacheco Aida
Bought by
Lugo Victor Gabriel and Lugo Cheryl
Seller's Agent
Silvia Yaniz
One Sotheby's International Realty
Buyer's Agent
Drew Kern
BHHS EWM Realty
List Price
$1,250,000
Sold Price
$1,170,000
Premium/Discount to List
-$80,000
-6.4%
Current Estimated Value
$1,874,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$704,366
Avg. Annual Appreciation
11.79%
Original Mortgage
$770,000
Interest Rate
2.55%
Mortgage Type
New Conventional
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
Lugo Victor Gabriel $1,170,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugo Victor Gabriel $990,000
Closed Lugo Victor Gabriel $249,900
Closed Lugo Victor Gabriel $770,000
Previous Owner Pacheco Ramon $495,000
Previous Owner Pacheco Ramon $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $1,170,000 -6.4% $293 / Sq Ft
04/09/2021 04/09/21 For Sale $1,250,000 -- $313 / 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 $20,464 $1,211,376 -- --
2024 $19,836 $1,177,237 -- --
2023 $19,836 $1,142,949 $0 $0
2022 $19,201 $1,109,660 $285,000 $824,660
2021 $9,891 $520,392 $240,000 $280,392
2020 $6,299 $363,778 $0 $0
2019 $6,157 $355,600 $0 $0
2018 $5,887 $348,970 $0 $0
2017 $5,865 $341,793 $0 $0
2016 $5,831 $334,763 $0 $0
2015 $5,932 $332,436 $0 $0
2014 $6,003 $329,798 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Silvia Yaniz

    Seller's Agent in 2021

    Silvia Yaniz

    One Sotheby's International Realty

    (305) 898-7960

    2 in this area

    39 Total Sales

    Silvia Yaniz
    Section Image
  • Drew Kern

    Buyer's Agent in 2021

    Drew Kern

    BHHS EWM Realty

    (305) 282-3000

    114 in this area

    305 Total Sales

    Drew Kern
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11025658

MIAMI REALTORS® MLS

APN: 33-5034-019-0460

Florida Miami/Dade County Palmetto Bay 33157

8305 SW 174th Terrace, Palmetto Bay, FL

This home is located at 8305 SW 174th Terrace, Palmetto Bay, FL 33157 since 09 April 2021 and is currently estimated at $1,874,366, approximately $469 per square foot. This property was built in 1986. 8305 SW 174th Terrace is a home located in Miami-Dade County with nearby schools including Dr. Henry E. Perrine Academy Of The Arts, Southwood Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

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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