NOT LISTED FOR SALE

8394 SW 187th Terrace Cutler Bay, FL 33157

Estimated Value: $890,000 - $981,000

1 Acre
$937,359 Price per Acre
43,560 Sq Ft Lot

Last Sold January 05, 2017

Last sale price $160,000 $10 Per Sq Ft

Est. 486% increase in value since last sale

Current estimated payment $5,568/month

15 Days on Market

Highlights

  • Oak Trees
  • 1 Acre Lot
  • Cul-De-Sac
  • Whispering Pines Elementary School Rated A-
  • No HOA

About This Lot

As of January 2017

Prime location between Palmetto Bay and Cutler Bay, just 3 blocks away from Old Cutler Road, NO FLOOD "X" zone, 15,696 SQ. FT. cul-de-sac lot in a well-established neighborhood with tropical trees, plenty of land between homes, municipal water and sewer. Build your dream home with no restrictions, no associations, no community fees, no special assessments. Ideal for boaters only 4 miles away from Black Point Marina, natural reserve, "A" school Palmer Trinity. Contact Listing Agent for more information.

Last Agent to Sell the Property

Maria Medina

Aria Global Realty, Inc. License #3161473 Listed on: 12/08/2016

Last Buyer's Agent

Maria Medina

Aria Global Realty, Inc. License #3161473 Listed on: 12/08/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,571

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • East Facing Home
  • Cleared Lot
  • Oak Trees
  • Property is zoned EU-M

Community Details

  • No Home Owners Association
  • Old Cutler Omni Pines Condos
  • Old Cutler Omni Pines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36-60-03-013-0140

Property Details

Property Type

Land

Est. Annual Taxes

$1,571

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Directions: TAKE OLD CUTLER RD GOING SOUTH UNTIL 188 ST MAKE A RIGHT, ON 83 PL. MAKE A RIGHT, AND ON 187 TER MAKE A LEFT AT THE END OF THE STREET
  • Horses: No
  • Lot Size Acres: 1
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Paved Road
  • Road Surface Type: Paved Road, Paved
  • Structure Type: Residential
  • Subdivision Name: Old Cutler Omni Pines
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Primary

Exterior Features

  • Direction Faces: East
  • Lot Features: Cul-De-Sac Location, 1/4 To Less Than 1/2 Acre Lot, Cleared
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Old Cutler Omni Pines

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 36-60-03-013-0140
  • Additional Parcels: No
  • Current Use: Residential, Check Land Use Plan
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 15696
  • Zoning: EU-M
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1571

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2019
Sold by
Paez Ricardo A
Bought by
Merein Christopher and Merein Jessica
Current Estimated Value
$937,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,750
Outstanding Balance
$387,585
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$549,774

Purchase Details

Listed on
Dec 8, 2016
Closed on
Dec 30, 2016
Sold by
Nia Construction Llc
Bought by
Paez Ricardo A
Seller's Agent
Maria Medina
Aria Global Realty, Inc.
Buyer's Agent
Maria Medina
Aria Global Realty, Inc.
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.25%

Purchase Details

Closed on
Oct 2, 2015
Sold by
Gonzalez Stefania Sanchez
Bought by
Nia Construction Llc

Purchase Details

Listed on
Apr 6, 2015
Closed on
Jul 8, 2015
Sold by
Pacheco Jorge and Pacheco Iris
Bought by
Gonzalez Stefania Sanchez
Seller's Agent
Maria Medina
Aria Global Realty, Inc.
Buyer's Agent
Maria Medina
Aria Global Realty, Inc.
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.87%

Purchase Details

Closed on
Oct 14, 2013
Sold by
Pacheco Jorge and Pacheco Iris
Bought by
Pacheco Jorge and Pacheco Iris
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
Merein Christopher $465,000 Action Title Company
Paez Ricardo A $160,000 Key Title & Escrow Inc
Nia Construction Llc $145,000 --
Nia Construction Llc $145,000 --
Gonzalez Stefania Sanchez $145,000 Attorney
Pacheco Jorge -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merein Christopher $441,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2017 01/05/17 Sold $160,000 -11.1% $10 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
12/05/2016 12/05/16 For Sale $180,000 +24.1% $11 / Sq Ft
07/08/2015 07/08/15 Sold $145,000 -9.4% $9 / Sq Ft View Prior Sale
06/01/2015 06/01/15 Pending -- -- --
04/05/2015 04/05/15 For Sale $160,000 -- $10 / 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 $7,820 $446,852 -- --
2024 $7,395 $434,259 -- --
2023 $7,395 $421,611 $0 $0
2022 $7,130 $409,332 $0 $0
2021 $7,090 $397,410 $0 $0
2020 $6,936 $391,924 $138,132 $253,792
2019 $2,999 $138,132 $138,132 $0
2018 $2,454 $138,132 $138,132 $0
2017 $2,345 $130,458 $0 $0
2016 $2,113 $115,110 $0 $0
2015 $1,571 $70,444 $0 $0
2014 $1,478 $64,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maria Medina

    Seller's Agent in 2017

    Maria Medina

    Aria Global Realty, Inc.

    (305) 905-3370

    25 in this area

    37 Total Sales

    Maria Medina
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10187961

MIAMI REALTORS® MLS

APN: 36-6003-013-0140

Florida Miami/Dade County Cutler Bay 33157

8394 SW 187th Terrace, Cutler Bay, FL

This home is located at 8394 SW 187th Terrace, Cutler Bay, FL 33157 since 08 December 2016 and is currently estimated at $937,359, approximately $59 per square foot. 8394 SW 187th Terrace is a home located in Miami-Dade County with nearby schools including Whispering Pines Elementary School, Cutler Bay Middle, and Miami Southridge Senior High School.

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.

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