NOT LISTED FOR SALE

8601 SW 140th Terrace Palmetto Bay, FL 33158

Estimated Value: $1,284,000 - $1,569,000

4 Beds
3 Baths
3,008 Sq Ft
$476/Sq Ft Est. Value

Last Sold January 07, 2013

Last sale price $512,000 $170 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $8,325/month

40 Days on Market

Highlights

  • In Ground Pool
  • Home fronts a canal
  • Breakfast Area or Nook
  • Howard Drive Elementary School Rated A-
  • No HOA
  • Circular Driveway

About This Home

As of January 2013

Fabulous 4 bed, 3 bath ranch style family home on quiet cul-de-sac located in Palmetto Bay. Vaulted ceilings up to 16 Ft in almost all bedrooms! Over sized eat-in Kitchen with breakfast area and separate patio for al fresco dining. Open dining and formal living area for great entertaining! Outdoor screened in patio with pool. Two AC Units less than 3 years old with warranties! Don't miss this beautiful home!

Last Agent to Sell the Property

Christina Pappas

The Keyes Company License #3250849 Listed on: 11/27/2012

The Keyes Company

Last Buyer's Agent

Brian Meyerowitz

MMLS Assoc.-Inactive Member License #3149277

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,228

Year Built

  • Built in 1985

Lot Details

  • 0.35 Acre Lot
  • Home fronts a canal
  • South Facing Home
  • Property is zoned 21/EST 1

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,008 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Banyan Cove Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-22-053-0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,228

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: JUST SOUTH OF 136TH ST
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BANYAN COVE ESTS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 3008
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Family Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Other
  • View: None
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Screen Enclosure
  • Pool Private: No
  • View: No
  • Waterfront Features: WF/Pool/No Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BANYAN COVE ESTS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-22-053-0040
  • Lot Size Sq Ft: 15246
  • Zoning: 21/EST 1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 6228

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2012
Closed on
Feb 15, 2013
Sold by
Champion James A and Champion Victoria Lindsey
Bought by
Chen Antao
Seller's Agent
Christina Pappas
The Keyes Company
Buyer's Agent
Brian Meyerowitz
MMLS Assoc.-Inactive Member
List Price
$530,000
Sold Price
$512,000
Premium/Discount to List
-$18,000
-3.4%
Current Estimated Value
$1,432,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$920,131
Avg. Annual Appreciation
8.37%
Original Mortgage
$409,600
Outstanding Balance
$286,201
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,145,930
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
Chen Antao $512,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Antao $409,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2013 01/07/13 Sold $512,000 -3.4% $170 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
11/27/2012 11/27/12 For Sale $530,000 -- $176 / 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 $9,063 $536,741 -- --
2024 $8,700 $521,615 -- --
2023 $8,700 $506,423 $0 $0
2022 $8,396 $491,673 $0 $0
2021 $8,385 $477,353 $0 $0
2020 $8,221 $470,763 $0 $0
2019 $8,037 $460,179 $0 $0
2018 $7,690 $451,599 $0 $0
2017 $7,666 $442,311 $0 $0
2016 $7,632 $433,214 $0 $0
2015 $7,768 $430,203 $0 $0
2014 $7,862 $426,789 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1717836

MIAMI REALTORS® MLS

APN: 33-5022-053-0040