NOT LISTED FOR SALE

8485 NW 166th Terrace Hialeah, FL 33016

Estimated Value: $1,111,000 - $1,242,000

4 Beds
4 Baths
3,172 Sq Ft
$371/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $590,000 $186 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $6,971/month

57 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Deck
  • Barbara Goleman Senior High School Rated A-
  • Gated Community
  • Marble Flooring

About This Home

As of March 2018

How do you spell Motivation? 8485 NW 166 Terr. A quick closing is available! Asking price defines motivation. Prepare to fall in love with this Spectacular LAKEFRONT spotless 4 bedrooms and 4 bathrooms PLUS 5th BEDROOM / OFFICE WITH CLOSET. Turnkey beauty located in sought after 24/7 gate guarded Royal Oaks community, HOA is only $195.00 a year, This unique custom built two-story gem is on resort-like serene Lake Michael featuring a Japanese koi fish pond and spectacular Lake views to die for, the master suite and the office/bedroom are downstairs, enjoy marble and wood floors, 3 central a/c, and top of the line touches. The security system belongs to Comcast, easy to show, CLICK SHOWING ASSIST. *** SHOW THE VIRTUAL TOUR VIDEO TO YOUR BUYERS*** Priced to Sell! READ BROKERS REMARKS!

Last Agent to Sell the Property

Carlos Cruz

First Service Realty ERA License #0309205 Listed on: 11/24/2017

First Service Realty ERA

Last Buyer's Agent

Jorge Labarraque

Real Estate Sales Force License #3234246

Real Estate Sales Force

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,291

Year Built

  • Built in 1993

Lot Details

  • 7,500 Sq Ft Lot
  • Lake Front
  • South Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $16 Monthly HOA Fees

Parking

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

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,172 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Family Room
  • Loft
  • Lake Views
  • Attic

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Reverse Cycle Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 32-20-15-017-0760

Community Details

Overview

  • Eighth Addn To Royal Oaks Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,291

Year Built

Built in 1993

Lot Details

0

HOA Fees

$16 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: From 82 Ave. going north turn left on 162 St. take a right on 84 Ave. and a left on 166 Ter. to property on your right.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: EIGHTH ADDN TO ROYAL OAKS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Laundry Tub, Other, Pantry, Attic, Family Room, Loft
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3172
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Attic, Family Room, Loft, Other

Exterior Features

  • Roof: Barrel Roof
  • View: Lake
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Features: In Ground, Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: EIGHTH ADDN TO ROYAL OAKS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Reverse Cycle Unit
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Security System Leased, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 195
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 32-20-15-017-0760
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7291

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2017
Closed on
Mar 12, 2018
Sold by
Johns James D and Johns Brenda L
Bought by
Torre Francisco Jesus and Torre Jessica
Seller's Agent
Carlos Cruz
First Service Realty ERA
Buyer's Agent
Jorge Labarraque
Real Estate Sales Force
List Price
$649,900
Sold Price
$590,000
Premium/Discount to List
-$59,900
-9.22%
Current Estimated Value
$1,175,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,730
Avg. Annual Appreciation
9.44%
Original Mortgage
$472,000
Outstanding Balance
$421,682
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$754,048

Purchase Details

Closed on
Apr 8, 1999
Sold by
Chase Bank Of Texas
Bought by
Johns James D and Johns Elsa A

Purchase Details

Closed on
Oct 14, 1998
Sold by
Clerk Of The Court
Bought by
Texas Commerce Bank

Purchase Details

Closed on
Jun 27, 1995
Sold by
Cueto Joaquin E and Cueto Dalia M
Bought by
Sanchez Mario and Pichardo Gregoria E
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
Torre Francisco Jesus $590,000 Attorney
Johns James D $275,000 --
Texas Commerce Bank $335,800 --
Sanchez Mario $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torre Francisco Jesus $472,000
Previous Owner Texas Commerce Bank $403,600
Previous Owner Texas Commerce Bank $399,500
Previous Owner Texas Commerce Bank $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2018 03/12/18 Sold $590,000 0.0% $186 / Sq Ft
03/12/2018 03/12/18 Sold $590,000 -4.2% $168 / Sq Ft View Prior Sale
01/20/2018 01/20/18 Pending -- -- --
12/26/2017 12/26/17 Price Changed $615,900 -2.2% $194 / Sq Ft
12/21/2017 12/21/17 Price Changed $629,900 -1.4% $199 / Sq Ft
12/04/2017 12/04/17 Price Changed $638,900 -1.7% $201 / Sq Ft
11/24/2017 11/24/17 For Sale $649,900 +10.2% $205 / Sq Ft
01/31/2017 01/31/17 Off Market $590,000 -- --
01/11/2017 01/11/17 Price Changed $724,998 -3.3% $206 / Sq Ft
09/05/2016 09/05/16 For Sale $749,998 -- $213 / 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 $9,453 $522,594 -- --
2024 $9,090 $507,866 -- --
2023 $9,090 $493,074 $0 $0
2022 $8,841 $478,713 $0 $0
2021 $8,828 $464,770 $0 $0
2020 $8,736 $458,354 $0 $0
2019 $8,570 $448,049 $0 $0
2018 $7,334 $384,400 $0 $0
2017 $7,291 $376,494 $0 $0
2016 $7,204 $368,751 $0 $0
2015 $7,285 $366,188 $0 $0
2014 $7,267 $363,282 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10377492

MIAMI REALTORS® MLS

APN: 32-2015-017-0760