NOT LISTED FOR SALE

8525 SW 148th Terrace Palmetto Bay, FL 33158

Estimated Value: $1,071,000 - $1,206,000

4 Beds
2 Baths
2,024 Sq Ft
$553/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $1,025,000 $506 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,720/month

Highlights

  • In Ground Pool
  • Wood Flooring
  • No HOA
  • Coral Reef Elementary School Rated A
  • Garden View
  • Utility Room in Garage

About This Home

As of August 2024

This delightful 4-bedroom, 2-bathroom 2 car Garage home in Palmetto Bay seamlessly combines comfort with convenience. It boasts a well-designed layout that includes formal living, dining, and family rooms, as well as a welcoming eat-in kitchen equipped with new stainless steel appliances, all overlooking the expansive pool and patio area. The large fenced yard offers plenty of room for outdoor activities, entertainment, and relaxation.

Last Agent to Rent the Property

Ricardo Montalvan

Weichert Realtors, NexGen License #0697427 Listed on: 05/23/2024

Weichert Realtors, NexGen

Last Renter's Agent

Steven Martonffy

The Keyes Company License #3255783

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,482

Year Built

  • Built in 1968

Lot Details

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

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Property Views

  • Garden
  • Pool

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,024 Sq Ft Home
  • Property has 1 Level
  • Blinds
  • Family Room
  • Formal Dining Room
  • Utility Room in Garage
  • Complete Accordion Shutters

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Clay
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Country Club Grove Part 3 Subdivision

Listing and Financial Details

  • Property Available on 5/24/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 33-50-22-035-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,482

Year Built

Built in 1968

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2024-05-24
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1968
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: COUNTRY CLUB GROVE PART 3
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Stacked Bedroom, Walk-In Closet(s), Family Room, Utility/Laundry In Garage
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor, Clay, Wood
  • Furnished: Unfurnished
  • Living Area: 2024
  • Other Equipment: Automatic Garage Door Opener
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Formal Dining, Kitchen Dining
  • Living Room Features: Family Room, Utility/Laundry In Garage

Exterior Features

  • Roof: Shingle
  • View: Garden, Pool
  • Exterior Features: Lighting, Fruit Trees
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: COUNTRY CLUB GROVE PART 3
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Spaces

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 33-50-22-035-0030
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 15008
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Mar 5, 2024
Sold by
Hudson Richard P and Hudson Maria Teresa
Bought by
8525 Palmetto Bay Llc
Seller's Agent
Ana Maria Alexander
Compass Florida, LLC
Buyer's Agent
Ricardo Montalvan
Weichert Realtors, NexGen
List Price
$1,150,000
Sold Price
$1,025,000
Premium/Discount to List
-$125,000
-10.87%
Views
29
Current Estimated Value
$1,118,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,663
Avg. Annual Appreciation
5.16%
Original Mortgage
$666,250
Outstanding Balance
$657,746
Interest Rate
7.37%
Mortgage Type
New Conventional
Estimated Equity
$443,738

Purchase Details

Closed on
Mar 18, 2013
Sold by
Holtzman Robert M
Bought by
Hudson Richard P and Hudson Maria Teresa
Source: Public Records

Range of Values:

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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
8525 Palmetto Bay Llc $1,025,000 None Listed On Document
8525 Palmetto Bay Llc $1,025,000 None Listed On Document
Hudson Richard P $339,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 8525 Palmetto Bay Llc $666,250
Closed 8525 Palmetto Bay Llc $666,250
Previous Owner Walker Rodney $247,000
Previous Owner Holtzman Robert M $448,000
Previous Owner Holtzman Robert M $70,000
Previous Owner Holtzman Robert M $255,000
Previous Owner Holtzman Robert M $16,000
Previous Owner Holtzman Robert M $230,000
Previous Owner Holtzman Robert M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Rented $5,650 -5.0% --
07/26/2024 07/26/24 Under Contract -- -- --
07/16/2024 07/16/24 Price Changed $5,950 -4.8% $3 / Sq Ft
06/27/2024 06/27/24 Price Changed $6,250 -7.4% $3 / Sq Ft
06/04/2024 06/04/24 Price Changed $6,750 -2.9% $3 / Sq Ft
05/24/2024 05/24/24 For Rent $6,950 0.0% --
03/19/2024 03/19/24 Sold $1,025,000 -10.9% $506 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $1,150,000 -- $568 / 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 $7,482 $810,622 $540,288 $270,334
2024 $7,155 $430,662 -- --
2023 $7,155 $418,119 $0 $0
2022 $6,897 $405,941 $0 $0
2021 $6,880 $394,118 $0 $0
2020 $6,746 $388,677 $0 $0
2019 $6,594 $379,939 $0 $0
2018 $6,306 $372,855 $0 $0
2017 $6,284 $365,187 $0 $0
2016 $6,250 $357,676 $0 $0
2015 $6,360 $355,190 $0 $0
2014 $6,436 $352,372 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ricardo Montalvan

    Landlord's Agent in 2024

    Ricardo Montalvan

    Weichert Realtors, NexGen

    (786) 229-1098

    9 in this area

    36 Total Sales

    Ricardo Montalvan
    Section Image
  • Ana Maria Alexander

    Seller's Agent in 2024

    Ana Maria Alexander

    Compass Florida, LLC

    (305) 799-6637

    4 in this area

    73 Total Sales

    Ana Maria Alexander
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Marcela Parker

    Coldwell Banker Realty

    (954) 693-0100

    3 in this area

    15 Total Sales

    Marcela Parker
    Section Image
  • Steven Martonffy

    Tenant's Agent in 2024

    Steven Martonffy

    The Keyes Company

    (786) 277-9258

    2 in this area

    76 Total Sales

    Steven Martonffy
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11593886

MIAMI REALTORS® MLS

APN: 33-5022-035-0030

Florida Miami/Dade County Palmetto Bay 33158

8525 SW 148th Terrace, Palmetto Bay, FL

This home is located at 8525 SW 148th Terrace, Palmetto Bay, FL 33158 since 23 May 2024 and is currently priced at $1,118,663. This property was built in 1968. 8525 SW 148th 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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