NOT LISTED FOR SALE

861 SW 7th Terrace Homestead, FL 33034

Estimated Value: $295,000 - $348,000

3 Beds
2 Baths
1,160 Sq Ft
$285/Sq Ft Est. Value

Last Sold December 26, 2018

Last sale price $150,000 $129 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,222/month

13 Days on Market

Highlights

  • Walk-In Closet
  • Tile Flooring
  • Central Heating and Cooling System
  • Views
  • 1-Story Property
  • Ceiling Fan

About This Home

As of December 2018

Great opportunity for First Time Home Buyers. 3/2 Single Family Home. Corner Unit. Recently painted. House Build in 2005. Washer and Dryer inside unit. A/C replaced in 2014. Electric water heater. Gated Community. Low Association. Price to Sell. Easy to Show.

Last Agent to Sell the Property

Arnaldo Diaz

DecoNova International Group License #3072901 Listed on: 11/18/2018

DecoNova International Group

Co-Listed By

Aynara Alvarez

DecoNova International Group License #3379391

Last Buyer's Agent

Ricardo Quevedo Avila

MMLS Assoc.-Inactive Member License #3313222

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,166

Year Built

  • Built in 2005

Lot Details

  • 3,303 Sq Ft Lot
  • North Facing Home
  • Property is zoned 9300

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Villas Of Palm Bay Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 16-78-25-018-0730

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,166

Year Built

Built in 2005

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: EHRY01
  • Co List Office Phone: 786-581-3100
  • Directions: Google Maps
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: VILLAS OF PALM BAY
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: Walk-In Closet(s), Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1160
  • Possible Use: Primary
  • Bedroom Features: Primary Bedroom Ground Level
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: Other
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: VILLAS OF PALM BAY
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central, Other
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 110
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Mandatory Hoa
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 16-78-25-018-0730
  • Lot Size Sq Ft: 3303
  • Zoning: 9300
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2166

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2018
Closed on
Dec 26, 2018
Sold by
Longan Giovanny Andres
Bought by
Hernandez Garcia Jose Ismael and Medina Belkarlys Alexandra Romero
Seller's Agent
Arnaldo Diaz
DecoNova International Group
Buyer's Agent
Ricardo Quevedo Avila
MMLS Assoc.-Inactive Member
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Current Estimated Value
$330,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,677
Avg. Annual Appreciation
13.33%

Purchase Details

Listed on
Oct 25, 2013
Closed on
Feb 6, 2014
Sold by
Fortune Real Estate Investments Inc
Bought by
Logan Giovanny Andres
Seller's Agent
Stephen Sibiga
MMLS Assoc.-Inactive Member
Buyer's Agent
Arif Amirali
MMLS Assoc.-Inactive Member
List Price
$61,000
Sold Price
$60,909
Premium/Discount to List
-$91
-0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.28%

Purchase Details

Listed on
Oct 25, 2013
Closed on
Dec 30, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Fortune Real Estate Investments Inc
Seller's Agent
Stephen Sibiga
MMLS Assoc.-Inactive Member
Buyer's Agent
Arif Amirali
MMLS Assoc.-Inactive Member
List Price
$61,000
Sold Price
$60,909
Premium/Discount to List
-$91
-0.15%

Purchase Details

Closed on
Jun 5, 2013
Sold by
Flores Jose M
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 13, 2012
Sold by
Flores Jose Maria
Bought by
Village Of Palm Bay Homeowners Associati

Purchase Details

Closed on
Jan 11, 2006
Sold by
Citywide Development Corp
Bought by
Flores Jose Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
9.6%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Hernandez Garcia Jose Ismael $150,000 Appletower Title & Escrow Ya
Logan Giovanny Andres $87,500 Independent Title Of Fort La
Fortune Real Estate Investments Inc $60,909 Independent Title Of Fort La
Deutsche Bank National Trust Company $56,400 --
Village Of Palm Bay Homeowners Associati -- None Available
Flores Jose Maria $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flores Jose Maria $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2018 12/26/18 Sold $150,000 -6.3% $129 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
11/17/2018 11/17/18 For Sale $160,000 +162.7% $138 / Sq Ft
02/07/2014 02/07/14 Sold $60,909 -0.1% $52 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $61,000 0.0% $52 / Sq Ft
11/01/2013 11/01/13 Pending -- -- --
10/25/2013 10/25/13 For Sale $61,000 -- $52 / 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 $4,197 $188,961 -- --
2024 $3,921 $171,783 -- --
2023 $3,921 $156,167 $0 $0
2022 $3,483 $141,970 $0 $0
2021 $2,965 $129,064 $39,636 $89,428
2020 $2,877 $124,947 $26,424 $98,523
2019 $2,744 $119,487 $19,818 $99,669
2018 $2,166 $109,317 $19,818 $89,499
2017 $1,897 $82,328 $0 $0
2016 $1,737 $74,844 $0 $0
2015 $1,600 $68,040 $0 $0
2014 $1,337 $55,003 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10573516

MIAMI REALTORS® MLS

APN: 16-7825-018-0730