NOT LISTED FOR SALE

8320 SW 160th St Palmetto Bay, FL 33157

Estimated Value: $936,000 - $1,072,000

3 Beds
2 Baths
1,562 Sq Ft
$645/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $720,000 $461 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,183/month

30 Days on Market

Highlights

  • Outdoor Pool
  • No HOA
  • Tile Flooring
  • Coral Reef Elementary School Rated A
  • Fireplace
  • 1-Story Property

About This Home

As of February 2022

WOW - Rare Opportunity - 3 Bedroom / 2 Bath home in the Southwood Subdivision of Palmetto Bay. Enjoy the beautiful tree-lined streets, while walking around one of Miami's most sought-after neighborhoods. This Charming Home is perfect for a growing family and offers a great layout with a separated garage from the living area, along with a screened in pool. The Master Bedroom is on the opposite end from two spacious Bedrooms, with tile flooring throughout. Kitchen has been recently remodeled. Home comes with Hurricane Accordion Shutters, 2 Car Garage and more. Palmetto Bay is a safe neighborhood that features excellent schools, parks and activities to enjoy. This will not last.

Last Agent to Sell the Property

Hector Fernandez

Fathom Realty FL, LLC License #3358325 Listed on: 12/26/2021

Fathom Realty FL, LLC

Last Buyer's Agent

Juan Gaviria

Envirotek Realty License #3221700

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,782

Year Built

  • Built in 1962

Lot Details

  • 0.39 Acre Lot
  • North Facing Home
  • Property is zoned 2100 ESTATES - 15000

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1,562 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Pool

  • Outdoor Pool
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Southwood 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-27-004-0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,782

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Please reference online map
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: SOUTHWOOD 1ST ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1562
  • Possible Use: Primary
  • Bedroom Features: Master Bath Shower
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: Lighting
  • Construction Type: Other
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: Screen Enclosure
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SOUTHWOOD 1ST ADDN
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer, Other, Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road, Sidewalks

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-27-004-0040
  • Lot Size Sq Ft: 16800
  • Zoning: 2100 ESTATES - 15000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2021
Closed on
Feb 11, 2022
Sold by
Barbara Anne Clark Revocable Trust
Bought by
Vercamer Jason Joseph and Vercamer Veronique Gabrielle
Seller's Agent
Hector Fernandez
Fathom Realty FL, LLC
Buyer's Agent
Juan Gaviria
Envirotek Realty
List Price
$699,900
Sold Price
$720,000
Premium/Discount to List
$20,100
2.87%
Current Estimated Value
$1,007,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,483
Avg. Annual Appreciation
9.50%
Original Mortgage
$572,000
Outstanding Balance
$532,038
Interest Rate
3.69%
Estimated Equity
$475,445
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
Vercamer Jason Joseph $720,000 Alliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vercamer Jason Joseph $572,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2022 02/14/22 Sold $720,000 +2.9% $461 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
12/26/2021 12/26/21 For Sale $699,900 -- $448 / 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 $10,782 $638,466 -- --
2024 $10,379 $620,473 -- --
2023 $10,379 $602,401 $0 $0
2022 $10,032 $544,680 $302,100 $242,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11139923

MIAMI REALTORS® MLS

APN: 33-5027-004-0040