NOT LISTED FOR SALE

8480 SW 167th Terrace Palmetto Bay, FL 33157

Estimated Value: $1,438,000 - $1,765,000

4 Beds
4 Baths
3,295 Sq Ft
$495/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $675,000 $205 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $9,655/month

141 Days on Market

Highlights

  • Newly Remodeled
  • In Ground Pool
  • Deck
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • Sitting Area In Primary Bedroom
  • Wood Flooring

About This Home

As of October 2019

FINAL REDUCTION FOR QUICK SELL! ** SELLER MOTIVATED**

Flamingo Gardens Gem! Walled and Gated community. This spacious 4 bedroom, 4 bathroom PLUS office home w/3 car garage will give you 3957 sqft of space to move about without losing the friendly atmosphere and cozy space. Home features custom palmetto shutters in some rooms will allow you to enjoy the warm light of sunny afternoons. crown moldings, newer AC unit, tile and wood floors, volume ceilings, big open kitchen w/granite counter tops. Lush Tropical landscape to relax around the pool. *Chandeliers not part of sale, but available for separate purchase*

Last Agent to Sell the Property

Maria Somarriba

The Lab Realty Group, LLC License #3241979 Listed on: 05/06/2019

The Lab Realty Group, LLC

Last Buyer's Agent

Cesar Lacayo

Phantom Real Estate License #3303935

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,841

Year Built

  • Built in 2001 | Newly Remodeled

Lot Details

  • 0.34 Acre Lot
  • Southwest Facing Home
  • Fenced
  • Property is zoned 2100

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Slab Foundation
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,295 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Formal Dining Room
  • Den
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Flamingo Gardens Estates Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 33-50-27-057-0370

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,841

Year Built

Built in 2001 | Newly Remodeled

Lot Details

0

HOA Fees

$113 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Mediterranean
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: FLAMINGO GARDENS ESTATES
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Split Bedroom, Walk-In Closet(s), Den/Library/Office
  • Spa Yn: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 3295
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds
  • Bedroom Features: Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Family/Dining Combination, Formal Dining
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Bidet, Combination Tub & Shower, Dual Sinks

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Exterior Features: Fruit Trees, Lighting
  • Construction Type: CBS Construction, Slab Construction
  • Direction Faces: Southwest
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck, Patio
  • Pool Features: In Ground, Pool/Spa Combo
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: FLAMINGO GARDENS ESTATES
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 113
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Maintained Community
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 33-50-27-057-0370
  • Lot Size Sq Ft: 15000
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 8841

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Oct 23, 2019
Sold by
Desanchez Laura Rivero
Bought by
Zhou Wei and Tian Lijuan
Seller's Agent
Maria Somarriba
The Lab Realty Group, LLC
Buyer's Agent
Cesar Lacayo
Phantom Real Estate
List Price
$795,000
Sold Price
$675,000
Premium/Discount to List
-$120,000
-15.09%
Current Estimated Value
$1,631,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$956,732
Avg. Annual Appreciation
16.14%
Original Mortgage
$250,000
Outstanding Balance
$220,411
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,411,321

Purchase Details

Listed on
Jan 20, 2017
Closed on
May 26, 2017
Sold by
Olsen Natalia Huachi
Bought by
Sanchez Laura Rivero De
Seller's Agent
Paula Flores
Keller Williams Realty Miami Beach
Buyer's Agent
Maria Somarriba
The Lab Realty Group, LLC
List Price
$745,000
Sold Price
$730,000
Premium/Discount to List
-$15,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.20%

Purchase Details

Listed on
Jul 18, 2016
Closed on
Sep 16, 2016
Sold by
Cuningham Archana and Cunningham James Christopher
Bought by
Olsen Natalia Huachi
Seller's Agent
Carole Smith
Compass Florida, LLC
Buyer's Agent
Myriam Vargas
Brickell Brokers LLC
List Price
$775,000
Sold Price
$730,000
Premium/Discount to List
-$45,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Nov 22, 2011
Sold by
Cunningham Archana and Cunningham James Christopher
Bought by
Cunningham Archana and Cunningham James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2008
Sold by
Moores Michael C and Moores Claudia L
Bought by
Hiranandani Archana and Cunningham James Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.02%
Mortgage Type
Unknown

Purchase Details

Closed on
May 24, 2005
Sold by
Green Richard S and Green Deborah S
Bought by
Moores Michael C and Moores Claudia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 8, 2002
Sold by
Flamingo Gardens Ltd C
Bought by
Green Richard S and Green Deborah S

Purchase Details

Closed on
Jun 7, 2000
Sold by
Flamingo Gardens Dev
Bought by
Flamingo Gardens Ltd
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zhou Wei $675,000 Attorney
Sanchez Laura Rivero De $730,000 Attorney
Olsen Natalia Huachi $730,000 Attorney
Cunningham Archana -- Attorney
Hiranandani Archana $650,000 Sunbelt Title Agency
Moores Michael C $860,000 --
Green Richard S $540,900 --
Flamingo Gardens Ltd $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Wei $250,000
Previous Owner Cunningham Archana $410,000
Previous Owner Hiranandani Archana $417,000
Previous Owner Moores Michael C $688,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2019 10/24/19 Sold $675,000 0.0% $205 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/20/2019 09/20/19 Price Changed $675,000 -7.4% $205 / Sq Ft
08/23/2019 08/23/19 Price Changed $729,000 -2.8% $221 / Sq Ft
08/01/2019 08/01/19 Price Changed $750,000 -3.5% $228 / Sq Ft
06/27/2019 06/27/19 Price Changed $777,000 -2.3% $236 / Sq Ft
05/06/2019 05/06/19 For Sale $795,000 +8.9% $241 / Sq Ft
05/26/2017 05/26/17 Sold $730,000 -2.7% $184 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
02/01/2017 02/01/17 Price Changed $750,000 +0.7% $190 / Sq Ft
01/20/2017 01/20/17 For Sale $745,000 +2.1% $188 / Sq Ft
09/21/2016 09/21/16 Sold $730,000 -2.7% $184 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
08/08/2016 08/08/16 Price Changed $750,000 -3.2% $190 / Sq Ft
07/18/2016 07/18/16 For Sale $775,000 -- $196 / 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 $10,178 $587,859 -- --
2024 $9,794 $571,292 -- --
2023 $9,794 $554,653 $0 $0
2022 $9,466 $538,499 $0 $0
2021 $9,409 $522,815 $0 $0
2020 $9,229 $515,597 $0 $0
2019 $9,261 $516,997 $0 $0
2018 $8,841 $507,358 $0 $0
2017 $11,559 $644,956 $0 $0
2016 $9,671 $536,336 $0 $0
2015 $9,851 $532,608 $0 $0
2014 $9,996 $528,381 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10668835

MIAMI REALTORS® MLS

APN: 33-5027-057-0370