NOT LISTED FOR SALE

8605 SW 159th St Palmetto Bay, FL 33157

Estimated Value: $1,097,482

3 Beds
2 Baths
2,013 Sq Ft
$545/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $530,000 $263 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $6,423/month

11 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Den
  • Coral Reef Elementary School Rated A
  • No HOA
  • Formal Dining Room

About This Home

As of August 2016

3 Bed 2 Bath with bonus room. Pool, wood burning fire place, fenced yard, landscaping. 15,000+ SF corner lot. 2011 renovations 24”x24” porcelain tile and wood floors, modern kitchen cabinets, granite tops and SS appliances, marble and travertine bathrooms with frameless glass enclosure. 2011 all new plumbing system and 2016 entire A/C duct system was replaced.

Last Agent to Sell the Property

Deme Mekras

MSP Group, LLC License #0704134 Listed on: 06/23/2016

Last Buyer's Agent

Teresita Rodriguez

BHHS EWM Realty License #3160181

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,052

Year Built

  • Built in 1966

Lot Details

  • 0.34 Acre Lot
  • Southeast Facing Home
  • Fenced
  • Property is zoned EU-M

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 2,013 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Formal Dining Room
  • Den
  • Tile Flooring
  • High Impact Door
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Coral Reef Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-28-005-1190

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,052

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Coral Reef Estates
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Den/Library/Office, Family Room
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2013
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Formal Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room

Exterior Features

  • Roof: Barrel Roof
  • View: None
  • Exterior Features: Fruit Trees
  • Direction Faces: Southeast
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Extra Building/Shed, Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Pool Features: In Ground, Fenced
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Coral Reef Estates
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-28-005-1190
  • Lot Size Sq Ft: 15008
  • Zoning: EU-M
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2016
Closed on
Aug 31, 2016
Sold by
Demothenes Mekras
Bought by
Estrada Luis Francisco
Seller's Agent
Deme Mekras
MSP Group, LLC
Buyer's Agent
Teresita Rodriguez
BHHS EWM Realty
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%
Current Estimated Value
$1,097,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,482
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
Oct 7, 2004
Sold by
Givens Carmen F and Catarineau Joe A
Bought by
Mekras Demosthenes and Mekras Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1999
Sold by
Andersen Jack K and Andersen Diane M
Bought by
Givens Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.27%
Mortgage Type
New Conventional
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
Estrada Luis Francisco $530,000 --
Mekras Demosthenes $450,000 --
Givens Carmen $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mekras Demosthenes $333,700
Previous Owner Givens Carmen $152,000
Closed Mekras Demosthenes $70,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $530,000 -3.5% $263 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $549,000 -- $273 / 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 $8,003 $473,976 -- --
2024 $7,664 $460,619 -- --
2023 $7,664 $447,203 $0 $0
2022 $7,391 $434,178 $0 $0
2021 $7,376 $421,533 $0 $0
2020 $7,232 $415,714 $210,112 $205,602
2019 $7,286 $418,404 $210,112 $208,292
2018 $7,154 $421,093 $210,112 $210,981
2017 $7,158 $413,984 $0 $0
2016 $3,986 $233,912 $0 $0
2015 $4,052 $232,286 $0 $0
2014 $4,098 $230,443 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Deme Mekras

    Seller's Agent in 2016

    Deme Mekras

    MSP Group, LLC

    (786) 671-0154

    7 Total Sales

    Deme Mekras
    Section Image

  • T

    Buyer's Agent in 2016

    Teresita Rodriguez

    BHHS EWM Realty

    (786) 301-6442

    1 in this area

    11 Total Sales

    Teresita Rodriguez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10104857

MIAMI REALTORS® MLS

APN: 33-5028-005-1190

Florida Miami/Dade County Palmetto Bay 33157

8605 SW 159th St, Palmetto Bay, FL

This home is located at 8605 SW 159th St, Palmetto Bay, FL 33157 since 23 June 2016 and is currently priced at $1,097,482, approximately $545 per square foot. This property was built in 1966. 8605 SW 159th St 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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