NOT LISTED FOR SALE

8431 SW 162nd Terrace Palmetto Bay, FL 33157

Estimated Value: $953,000

4 Beds
3 Baths
2,595 Sq Ft
$367/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $655,000 $252 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,136/month

30 Days on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • No HOA
  • Coral Reef Elementary School Rated A
  • Wood Flooring
  • Circular Driveway

About This Home

As of September 2020

Picture perfect location tucked away on no through quiet street in Palmetto Bay sits this 4 bedroom, 3 bath 1995 built home. Lots of natural light flowing through. High volume ceilings, neutral tones, spacious entertaining areas, granite, wood, and stainless kitchen and PVC piping. Freshly painted exterior, open pool / patio area surrounded by large private yard.

Last Agent to Sell the Property

Wendy Levy-Jackson

Compass Florida, LLC License #0342767 Listed on: 06/26/2020

Compass Florida, LLC

Last Buyer's Agent

Drew Kern

BHHS EWM Realty License #0628522

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,113

Year Built

  • Built in 1995

Lot Details

  • 0.35 Acre Lot
  • South Facing Home
  • Property is zoned 2100

Parking

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

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,595 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting

Schools

  • Coral Reef 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
  • Mirelda Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-27-050-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,113

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: MIRELDA ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Family Room
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 2595
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Eat-In Kitchen
  • Living Room Features: Family Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Barrel Roof
  • View: None
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MIRELDA ESTATES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Owned Burglar Alarm, Smoke Detector

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: 33-50-27-050-0060
  • Lot Size Sq Ft: 15062
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Sep 3, 2020
Sold by
Cui Baoyan and Ding Qiaoqiso
Bought by
Ladd Matthew Eric and Ladd Danielle Lynn
Seller's Agent
Wendy Levy-Jackson
Compass Florida, LLC
Buyer's Agent
Drew Kern
BHHS EWM Realty
List Price
$669,000
Sold Price
$655,000
Premium/Discount to List
-$14,000
-2.09%
Current Estimated Value
$953,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,000
Original Mortgage
$510,400
Outstanding Balance
$454,183
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2012
Sold by
Cui Baoyuan and Ding Qiaoqiao
Bought by
Cui Baoyuan and Ding Qiaoqiao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2000
Sold by
Ramon and Gomez Theresa M
Bought by
Edwards Cristine A

Purchase Details

Closed on
May 13, 1997
Sold by
Garcia Jesus T
Bought by
Gomez Ramon and Gomez Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
7.98%

Purchase Details

Closed on
Apr 19, 1994
Sold by
Apollo Dev
Bought by
Garcia Jesus T
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
Ladd Matthew Eric $655,000 Attorney
Cui Baoyuan -- Attorney
Edwards Cristine A $410,000 --
Gomez Ramon $304,200 --
Garcia Jesus T $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ladd Matthew Eric $510,400
Previous Owner Ding Qiaoqiao $120,000
Previous Owner Cui Baoyuan $310,000
Previous Owner Cui Baoyuan $350,000
Previous Owner Cui Baoyuan $350,000
Previous Owner Cui Baoyuan $220,000
Previous Owner Cui Bao Yuan $50,000
Previous Owner Gomez Ramon $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $655,000 -2.1% $252 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $669,000 0.0% $258 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $669,000 -- $258 / 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
2020 $8,237 $465,947 $0 $0
2019 -- $455,472 $0 $0
2018 -- $446,980 $0 $0
2017 -- $437,787 $0 $0
2016 -- $428,783 $0 $0
2015 -- $425,803 $0 $0
2014 -- $422,424 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Levy-Jackson

    Seller's Agent in 2020

    Wendy Levy-Jackson

    Compass Florida, LLC

    (305) 389-3959

    8 in this area

    17 Total Sales

    Wendy Levy-Jackson
    Section Image
  • Drew Kern

    Buyer's Agent in 2020

    Drew Kern

    BHHS EWM Realty

    (305) 282-3000

    114 in this area

    304 Total Sales

    Drew Kern
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10883628

MIAMI REALTORS® MLS

APN: 33-5027-050-0060

Florida Miami/Dade County Palmetto Bay 33157

8431 SW 162nd Terrace, Palmetto Bay, FL

This home is located at 8431 SW 162nd Terrace, Palmetto Bay, FL 33157 since 26 June 2020 and is currently priced at $953,000, approximately $367 per square foot. This property was built in 1995. 8431 SW 162nd Terrace is a home located in Miami-Dade County with nearby schools including Coral Reef Elementary School, 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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