NOT LISTED FOR SALE

8360 SW 157th St Palmetto Bay, FL 33157

Estimated Value: $938,000 - $1,038,000

3 Beds
2 Baths
1,946 Sq Ft
$513/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $820,000 $421 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,411/month

39 Days on Market

Highlights

  • In Ground Pool
  • Ranch Style House
  • Sun or Florida Room
  • Coral Reef Elementary School Rated A
  • Wood Flooring
  • Pool View

About This Home

As of September 2022

Seller said "Let's get it sold!" This Palmetto Bay 3 bedroom, 2 bathroom home is located in the desirable neighborhood of Southwood, just a few minutes from beautiful Coral Reef Park and A rated schools, both private and public. Situated on a 15,096 sq. ft. lot on a quiet street with a newer pool completed in 2019 and ample backyard green-space to enjoy. Featuring a tastefully updated kitchen with white cabinetry, marble countertops, quality stainless steel appliances including a natural gas stove and s/s farmhouse style sink. The Family/Florida room features tons of natural light, a delightful Chicago Brick fireplace, and nicely updated bar area with wine cooler to match the kitchen. Newer roof completed in Nov. 2020. Newer water heater (2021) is on natural gas.

Last Agent to Sell the Property

Lori Lopez

The Home Boutique Realty License #3253389 Listed on: 06/04/2022

Last Buyer's Agent

Gladys Colon

Fortune Christie's International Real Estate License #0604729

Fortune Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,509

Year Built

  • Built in 1959

Lot Details

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

Parking

  • 2 Car Attached Garage
  • Driveway
  • Guest Parking
  • Open Parking

Home Design

  • Ranch Style House
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,946 Sq Ft Home
  • Wet Bar
  • Bar
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room
  • Utility Room in Garage
  • Pool Views
  • Complete Panel Shutters or Awnings

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Coral Reef Elementary School
  • Southwood Middle School
  • Miami Palmetto High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Southwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-27-002-1370

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,509

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Ranch
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: SOUTHWOOD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: Bar, Closet Cabinetry, Wet Bar, Family Room, Florida Room, Utility/Laundry In Garage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1946
  • Other Equipment: Natural Gas
  • Possible Use: Primary
  • Window Features: Complete Panel Shutters/Awnings, Blinds
  • Bedroom Features: Master Bath Shower
  • Dining Room Features: Formal Dining, Snack Bar/Counter
  • Living Room Features: Family Room, Florida Room, Utility/Laundry In Garage
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Shingle
  • View: Pool
  • Exterior Features: Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Features: In Ground, Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: SOUTHWOOD
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Guest

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Coral Reef
  • High School: Miami Palmetto
  • Middle Or Junior School: Southwood

Lot Info

  • Parcel Number: 33-50-27-002-1370
  • Lot Size Sq Ft: 15096
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 12509

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2022
Closed on
Aug 22, 2022
Sold by
Georgeson and Barbara
Bought by
Garcia Brian and Liaushun Nastassia
Seller's Agent
Lori Lopez
The Home Boutique Realty
Buyer's Agent
Gladys Colon
Fortune Christie's International Real Estate
List Price
$899,000
Sold Price
$820,000
Premium/Discount to List
-$79,000
-8.79%
Views
6
Current Estimated Value
$997,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,667
Avg. Annual Appreciation
6.42%
Original Mortgage
$647,200
Outstanding Balance
$617,709
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$379,958

Purchase Details

Listed on
Feb 28, 2018
Closed on
Apr 9, 2018
Sold by
Arellano Oscar J and Arellano Isabello B
Bought by
Georgeson Scott and Armington Barbara
Seller's Agent
Ana Lopez
Sea Grove Realty
Buyer's Agent
Judith Zeder
Coldwell Banker Realty
List Price
$550,000
Sold Price
$526,500
Premium/Discount to List
-$23,500
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Original Mortgage
$447,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2011
Sold by
Thornburg Charles Kevin and Borbon Rita
Bought by
Arellano Oscar J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,400
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2008
Sold by
Alonso Rebecca L
Bought by
Thornburg Charles Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,800
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 1998
Sold by
Alonso Fernando C and Alonso Rebecca L
Bought by
Alonso Rebecca L
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
Garcia Brian $820,000 --
Georgeson Scott $526,500 Attorney
Arellano Oscar J $319,500 Title Executive Center Inc
Thornburg Charles Kevin $392,000 Attorney
Alonso Rebecca L $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Brian $647,200
Previous Owner Georgeson Scott $447,500
Previous Owner Arellano Oscar J $311,400
Previous Owner Thornburg Charles Kevin $352,800
Closed Garcia Brian $90,668
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2022 09/02/22 Sold $820,000 0.0% $421 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $820,000 -6.3% $421 / Sq Ft
06/28/2022 06/28/22 Price Changed $875,000 -2.7% $450 / Sq Ft
06/04/2022 06/04/22 For Sale $899,000 +70.8% $462 / Sq Ft
04/11/2018 04/11/18 Sold $526,500 -4.3% $271 / Sq Ft View Prior Sale
03/28/2018 03/28/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $550,000 -- $283 / 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 $14,145 $796,538 $498,168 $298,370
2024 $12,747 $813,856 $511,632 $302,224
2023 $12,747 $697,325 $391,248 $306,077
2022 $10,174 $532,558 $0 $0
2021 $12,509 $484,144 $255,816 $228,328
2020 $8,690 $456,821 $225,720 $231,101
2019 $8,746 $459,592 $225,720 $233,872
2018 $4,394 $264,065 $0 $0
2017 $4,376 $258,634 $0 $0
2016 $4,341 $253,315 $0 $0
2015 $4,414 $251,555 $0 $0
2014 $4,464 $249,559 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11217049

MIAMI REALTORS® MLS

APN: 33-5027-002-1370