NOT LISTED FOR SALE

8577 SW 214th Terrace Unit 8515 Cutler Bay, FL 33189

Estimated Value: $366,000 - $419,000

2 Beds
2 Baths
1,150 Sq Ft
$342/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $225,000 $196 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,495/month

10 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Wood Flooring
  • Newly Remodeled
  • Soaking Tub in Primary Bathroom
  • Community Pool

About This Home

As of June 2018

Beautiful lake view 2 story town home in Santa Barbara in Cutler Bay, with two master bedrooms upstairs. Ceramic floors on first floor, second floor nice laminate wood floors. Complex with low maintenance that included basic cable, exterior of building and common area. Great for investors can be rent immediately after purchase.

Last Agent to Sell the Property

Thamara Pichardo

Star Realty Advisors, Inc License #0632064 Listed on: 05/23/2018

Last Buyer's Agent

SONIA ORJUELA

Nizz Realty Inc License #3313571

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 2004 | Newly Remodeled

Lot Details

  • Lake Front
  • Fenced

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,150 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms
  • Soaking Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Location

  • East of U.S. Route 1

Schools

  • Edward Whigham Elementary School
  • Cutler Bay Middle School
  • Miami Southridge High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 36-60-10-031-0350

Community Details

Overview

  • Santa Barbara Townhomes Condos
  • Santa Barbara Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,402

Year Built

Built in 2004 | Newly Remodeled

Lot Details

0

HOA Fees

$165 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Townhouse
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: SANTA BARBARA
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 1150
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Bedroom Features: Primary Bedroom Upstairs
  • Master Bathroom Features: Tub Only

Exterior Features

  • View: Lake
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Santa Barbara Townhomes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: None

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 165
  • Amenities: Clubhouse-Clubroom, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Edward Whigham
  • High School: Miami Southridge
  • Middle Or Junior School: Cutler Bay

Lot Info

  • Parcel Number: 36-60-10-031-0350
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1402

Multi Family

  • Maintenance Expense: 165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Jun 28, 2018
Sold by
Bhagwandia Kamla C
Bought by
Perez Edgar Ricards
Seller's Agent
Thamara Pichardo
Star Realty Advisors, Inc
Buyer's Agent
SONIA ORJUELA
Nizz Realty Inc
List Price
$218,500
Sold Price
$225,000
Premium/Discount to List
$6,500
2.97%
Current Estimated Value
$387,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,296
Avg. Annual Appreciation
7.89%
Original Mortgage
$185,000
Outstanding Balance
$160,685
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$232,411

Purchase Details

Closed on
Feb 14, 2005
Sold by
Santa Barbara Townhomes Inc
Bought by
Bhagwandin Kamla C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
5.6%
Mortgage Type
Unknown
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
Perez Edgar Ricards $225,000 Attorney
Bhagwandin Kamla C $217,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Edgar Ricards $185,000
Previous Owner Bhagwandin Kamla C $195,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2018 06/28/18 Sold $225,000 +3.0% $196 / Sq Ft
05/18/2018 05/18/18 For Sale $218,500 -- $190 / 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 $3,623 $197,896 -- --
2024 $3,304 $192,319 -- --
2023 $3,304 $186,718 $0 $0
2022 $3,198 $181,280 $0 $0
2021 $3,157 $176,000 $0 $0
2020 $3,139 $176,000 $0 $0
2019 $3,563 $160,000 $0 $0
2018 $1,425 $86,329 $0 $0
2017 $1,402 $84,554 $0 $0
2016 $1,427 $82,815 $0 $0
2015 $1,435 $82,240 $0 $0
2014 -- $81,588 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10474517

MIAMI REALTORS® MLS

APN: 36-6010-031-0350