NOT LISTED FOR SALE

8701 SW 127th Terrace Miami, FL 33176

Estimated Value: $757,020 - $989,000

3 Beds
2 Baths
1,545 Sq Ft
$561/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $300,000 $194 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $5,448/month

172 Days on Market

Highlights

  • RV or Boat Parking
  • No HOA
  • Circular Driveway
  • Vineland K-8 Center Rated A-
  • Formal Dining Room
  • Cooling Available

About This Home

As of May 2014

OPEN SAT 4/5 1PM-3PM A plus Vineland K-8 Center school district. Original structure built in 1957, this charming 3-bedroom 2-bath home (plus den/office/4th bedroom), sits on a large 15K corner lot, loaded with tropical fruit trees. Soaring wood-beamed c eilings add volume to the 1,545 square-feet of living area as well as lots of architectural character. Kitchen updated a few years back with stainless steel fridge and solid wood cabinets, opens up to very large family room. See Brokers remarks.

Last Agent to Sell the Property

Liliana I. Galdo

Compass Florida, LLC License #3163186 Listed on: 10/31/2013

Compass Florida, LLC

Last Buyer's Agent

Shaul Banouz

RECOM, LLC License #3078583

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,436

Year Built

  • Built in 1957

Lot Details

  • 0.35 Acre Lot
  • South Facing Home
  • Fenced
  • Property is zoned 21/EST 1

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,545 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Family Room
  • Formal Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Circular Driveway
  • On-Street Parking
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Exterior Lighting

Schools

  • Vineland Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 16 55 40 Ranchero Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-50-16-003-0780

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,436

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: CORNER OF 87 AVE AND 127 TERR DO NOT DISTURB RESIDENTS
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: 16 55 40 RANCHERO MANOR
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 1545
  • Possible Use: Investment
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Florida/Dining Combination, Formal Dining
  • Living Room Features: Family Room

Exterior Features

  • Roof: Concrete
  • View: None
  • Exterior Features: Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 16 55 40 RANCHERO MANOR
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Rv/Boat Parking, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Vineland
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 30-50-16-003-0780
  • Lot Size Sq Ft: 15142
  • Zoning: 21/EST 1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2015
Sold by
Nahon Isaac and Nahon Suzanne
Bought by
Kendall Properties Llc
Current Estimated Value
$867,505

Purchase Details

Listed on
Oct 31, 2013
Closed on
May 12, 2014
Sold by
Keane Michael T and Keane Brigitte
Bought by
Nahon Isaac and Nahon Suzanne
Seller's Agent
Liliana I. Galdo
Compass Florida, LLC
Buyer's Agent
Shaul Banouz
RECOM, LLC
List Price
$337,500
Sold Price
$300,000
Premium/Discount to List
-$37,500
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
Jun 15, 2010
Sold by
Rivera Ronell and Rivera Mercedes Egea
Bought by
Keane Michael T and Keane Brigitte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,920
Interest Rate
4.77%
Mortgage Type
VA

Purchase Details

Closed on
Jan 14, 2002
Sold by
Oscar A Cortina M and Oscar Lourdes Cortina
Bought by
Rivera Ronell and Rivera Mercedes E

Purchase Details

Closed on
Oct 11, 2001
Sold by
Oscar A Cortina M and Oscar Lourdes Cortina
Bought by
Rivera Ronell and Rivera Mercedes R

Purchase Details

Closed on
Mar 11, 1996
Sold by
Choate Terina and Choate John
Bought by
Cortina Oscar A and Cortina Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,750
Interest Rate
6.97%
Mortgage Type
New Conventional
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
Kendall Properties Llc -- None Available
Nahon Isaac $300,000 Attorney
Keane Michael T $240,000 Sunbelt Title Agency
Rivera Ronell $220,000 --
Rivera Ronell $220,000 --
Cortina Oscar A $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keane Michael T $247,920
Previous Owner Cortina Oscar A $237,150
Previous Owner Cortina Oscar A $153,511
Previous Owner Cortina Oscar A $159,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold $300,000 -4.8% $194 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
02/05/2014 02/05/14 Price Changed $315,000 -6.7% $204 / Sq Ft
10/30/2013 10/30/13 For Sale $337,500 -- $218 / 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 $10,607 $567,185 -- --
2024 $9,541 $515,623 -- --
2023 $9,541 $468,749 $0 $0
2022 $8,146 $426,136 $0 $0
2021 $7,304 $387,397 $271,278 $116,119
2020 $6,705 $352,314 $241,136 $111,178
2019 $6,451 $337,605 $226,065 $111,540
2018 $5,871 $324,364 $226,065 $98,299
2017 $5,454 $278,183 $0 $0
2016 $5,467 $280,993 $0 $0
2015 $5,002 $249,908 $0 $0
2014 -- $203,319 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1863304

MIAMI REALTORS® MLS

APN: 30-5016-003-0780