NOT LISTED FOR SALE

8500 SW 116th St Miami, FL 33156

Estimated Value: $1,953,000 - $2,293,000

4 Beds
4 Baths
2,762 Sq Ft
$754/Sq Ft Est. Value

About This Home

This home is located at 8500 SW 116th St, Miami, FL 33156 and is currently estimated at $2,082,239, approximately $753 per square foot. 8500 SW 116th St is a home located in Miami-Dade County with nearby schools including Vineland K-8 Center, Palmetto Middle School, and Miami Palmetto Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2021
Sold by
Illa Alexander and Lemus Dagmar R
Bought by
Gonzalez Eric
Current Estimated Value
$2,116,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Outstanding Balance
$951,111
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,182,380

Purchase Details

Closed on
Dec 10, 2007
Sold by
Dearmas Sergio and De Armas Rosa A
Bought by
Illa Alexander

Purchase Details

Closed on
Feb 16, 2007
Sold by
Dearmas Sergio and De Armas Rosa A
Bought by
Illa Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.17%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Gonzalez Eric $1,300,000 Attorney
Illa Alexander -- Attorney
Illa Alexander $800,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Eric $100,000
Open Gonzalez Eric $1,040,000
Previous Owner Illa Alexander $750,000
Previous Owner Illa Alexander $385,000
Previous Owner Illa Alexander $400,000
Previous Owner Illa Alexander $400,000
Previous Owner Illa Alexander $240,000
Previous Owner Dearmas Sergio $200,000
Source: Public Records

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 $18,535 $1,124,393 -- --
2024 $17,954 $1,092,705 -- --
2023 $17,954 $1,060,879 $0 $0
2022 $17,376 $1,029,980 $0 $0
2021 $6,738 $395,249 $0 $0
2020 $6,727 $393,472 $0 $0
2019 $6,587 $384,626 $0 $0
2018 $6,286 $377,455 $0 $0
2017 $6,237 $369,692 $0 $0
2016 $6,206 $362,089 $0 $0
2015 $6,281 $359,572 $0 $0
2014 -- $356,719 $0 $0
Source: Public Records

Map

Florida Miami/Dade County Miami 33156

8500 SW 116th St, Miami, FL

This home is located at 8500 SW 116th St, Miami, FL 33156 and is currently estimated at $2,082,239, approximately $753 per square foot. 8500 SW 116th St is a home located in Miami-Dade County with nearby schools including Vineland K-8 Center, Palmetto Middle School, and Miami Palmetto 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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