NOT LISTED FOR SALE

8618 NW 168th Terrace Hialeah, FL 33016

Estimated Value: $1,556,000 - $1,721,000

6 Beds
7.5 Baths
5,275 Sq Ft
$311/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $1,500,000 $284 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $10,554/month

185 Days on Market

Highlights

  • Lake Front
  • Bar or Lounge
  • Gated Community
  • Bob Graham Education Center Rated 9+
  • Heated In Ground Pool
  • Maid or Guest Quarters

About This Home

As of February 2024

Spectacular lakefront custom home located in the private gated community of Royal Oaks! This home offers 6 bedrooms 7.5 bathrooms, marble floors, custom built wood kitchen cabinets, custom luxury wood work throughout, marble countertops, 18 foot ceilings, impact windows and doors, chicago brick paver circular driveway, tropical pool with a custom built summer kitchen & bbq overlooking the beautiful lake views. Sitting on over a 10,000 SqFt waterfront lot, This property has top of the line finishes ideal for entertaining, stainless steel kitchen aid appliances, sub zero refrigerator, 3 car garage and 3 primary bedroom suites with balconies, Primary bathroom tub and large primary bedroom with amazing lake views. A Must See! Contact listing agent for a private showing.

Last Agent to Sell the Property

Miguel Rodriguez

Lifestyle International Realty License #3232108 Listed on: 08/07/2023

Lifestyle International Realty

Last Buyer's Agent

Alexander Theocles

Realty Hub License #3291879

Realty Hub

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,343

Year Built

  • Built in 2001

Lot Details

  • 10,245 Sq Ft Lot
  • 35 Ft Wide Lot
  • Lake Front
  • South Facing Home
  • Property is zoned 0100

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,275 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Den
  • Sun or Florida Room
  • Marble Flooring
  • Lake Views
  • High Impact Door

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Maid or Guest Quarters
  • Bathtub

Laundry

  • Laundry in Utility Room
  • Dryer

Outdoor Features

  • Heated In Ground Pool
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 32-20-15-017-0560

Community Details

Overview

  • Club Membership Required
  • Eighth Addn To Royal Oaks Subdivision

Additional Features

  • Bar or Lounge
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,343

Year Built

Built in 2001

Lot Details

0

HOA Fees

$18 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: EIGHTH ADDN TO ROYAL OAKS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator
  • Interior Amenities: First Floor Entry, Den/Library/Office, Family Room, Florida Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 5275
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Tub, Primary Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Maid/In-Law Quarters, Utility Room/Laundry

Exterior Features

  • Roof: Barrel Roof
  • View: Lake
  • Exterior Features: Barbeque, Built-In Grill, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: EIGHTH ADDN TO ROYAL OAKS
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 211
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Bar, Gated Community
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 32-20-15-017-0560
  • Lot Size Sq Ft: 10245
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 15343

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Feb 9, 2024
Sold by
8618 Nw 168 Ter Llc
Bought by
Chaudry Asaad
Seller's Agent
Miguel Rodriguez
Lifestyle International Realty
Buyer's Agent
Alexander Theocles
Realty Hub
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%
Views
453
Current Estimated Value
$1,638,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,899
Avg. Annual Appreciation
5.51%
Original Mortgage
$1,275,000
Outstanding Balance
$1,249,767
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$389,132

Purchase Details

Closed on
Oct 5, 2022
Sold by
Perez Carlos E and Perez Marlen
Bought by
8618 Nw 168 Ter Llc

Purchase Details

Listed on
Apr 29, 2016
Closed on
Jun 23, 2017
Sold by
Gomez Pedro and Valdez Yolanda
Bought by
Perez Carlos E and Morales Marlen
Seller's Agent
Arturo Rodriguez
Coldwell Banker Realty
Buyer's Agent
Arturo Rodriguez
Coldwell Banker Realty
List Price
$1,500,000
Sold Price
$1,100,000
Premium/Discount to List
-$400,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%

Purchase Details

Closed on
Nov 7, 2003
Sold by
Valdes Yolanda and Valdez Yolanda
Bought by
Valdes Yolanda and Gomez Pedro

Purchase Details

Closed on
Dec 30, 2002
Sold by
Arice Anderson and Arice Jean Watson
Bought by
Gonzalez Henry and Gonzalez Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.99%
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
Chaudry Asaad $1,500,000 None Listed On Document
Chaudry Asaad $1,500,000 None Listed On Document
8618 Nw 168 Ter Llc -- --
Perez Carlos E $1,100,000 Attorney
Valdes Yolanda -- --
Gonzalez Henry $680,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaudry Asaad $1,275,000
Closed Chaudry Asaad $1,275,000
Previous Owner Gonzalez Henry $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2024 02/09/24 Sold $1,500,000 -6.0% $284 / Sq Ft
08/07/2023 08/07/23 For Sale $1,595,000 +45.0% $302 / Sq Ft
06/26/2017 06/26/17 Sold $1,100,000 -4.3% $181 / Sq Ft View Prior Sale
05/05/2017 05/05/17 Pending -- -- --
04/13/2017 04/13/17 Price Changed $1,150,000 -8.0% $189 / Sq Ft
03/17/2017 03/17/17 Price Changed $1,250,000 -7.4% $205 / Sq Ft
06/10/2016 06/10/16 Price Changed $1,350,000 -3.6% $222 / Sq Ft
05/26/2016 05/26/16 Price Changed $1,400,000 -6.7% $230 / Sq Ft
04/29/2016 04/29/16 For Sale $1,500,000 -- $247 / 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 $22,166 $1,233,167 $417,400 $815,767
2024 $21,813 $1,210,370 $384,008 $826,362
2023 $21,813 $1,191,744 $354,790 $836,954
2022 $17,339 $865,322 $0 $0
2021 $15,343 $786,657 $283,832 $502,825
2020 $14,922 $761,086 $250,440 $510,646
2019 $14,467 $733,923 $217,048 $516,875
2018 $14,784 $766,028 $242,927 $523,101
2017 $11,477 $610,103 $0 $0
2016 $11,391 $597,555 $0 $0
2015 $11,529 $593,402 $0 $0
2014 $11,567 $588,693 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11431808

MIAMI REALTORS® MLS

APN: 32-2015-017-0560