NOT LISTED FOR SALE

8701 SW 12th St Unit 14 Miami, FL 33174

Estimated Value: $249,968 - $282,000

2 Beds
1 Bath
868 Sq Ft
$215/mo HOA Fee

Last Sold January 21, 2021

Last sale price $163,500 $188 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,899/month

112 Days on Market

Highlights

  • Newly Remodeled
  • Community Pool
  • Views
  • Main Floor Bedroom
  • Balcony
  • Tile Flooring

About This Home

As of January 2021

PROBATE PROPERTY ALERT! Location, Location, Location! This condo is located in the heart of Westchester within close proximity to major shopping centers, parks and top rated schools. Minutes away from FIU. Great investment opportunity or starter home. Minimal TLC required. Tenant occupied. Low monthly association fee. Won't last long.

Last Agent to Sell the Property

Norma Suarez

Florida Realty of Miami Corp License #3435477 Listed on: 08/18/2020

Florida Realty of Miami Corp

Last Buyer's Agent

Diosana Aleman

Real Realty Investment License #3140880

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,131

Year Built

  • Built in 1971 | Newly Remodeled

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 868 Sq Ft Home
  • 4-Story Property
  • Tile Flooring
  • Property Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-40-09-024-0140

Community Details

Overview

  • Low-Rise Condominium
  • Westchester Terrace Condos
  • Westchester Terrace Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,131

Year Built

Built in 1971 | Newly Remodeled

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: WESTCHESTER TERRACE CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 868
  • Possible Use: Primary
  • Stories: 4
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level

Exterior Features

  • View: Other View
  • Exterior Features: None, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: WESTCHESTER TERRACE
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 215
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 30-40-09-024-0140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Jan 21, 2021
Sold by
Zabalo Paul
Bought by
Gutierrez Alejandro and Gutierrez Marietta T
Seller's Agent
Norma Suarez
Florida Realty of Miami Corp
Buyer's Agent
Diosana Aleman
Real Realty Investment
List Price
$185,000
Sold Price
$163,500
Premium/Discount to List
-$21,500
-11.62%
Current Estimated Value
$268,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,992
Avg. Annual Appreciation
11.01%
Original Mortgage
$71,500
Outstanding Balance
$64,789
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$203,703

Purchase Details

Listed on
Aug 18, 2020
Closed on
Jan 20, 2021
Sold by
Zabalo Orlando
Bought by
Gutierrez Alejandro and Gutierrez Marietta T
Seller's Agent
Norma Suarez
Florida Realty of Miami Corp
Buyer's Agent
Diosana Aleman
Real Realty Investment
List Price
$185,000
Sold Price
$163,500
Premium/Discount to List
-$21,500
-11.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Outstanding Balance
$64,789
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$203,703

Purchase Details

Closed on
Sep 30, 2011
Sold by
Zabalo Orlando
Bought by
Zabalo Lidia

Purchase Details

Closed on
Apr 21, 2010
Sold by
Zabalo Lidia
Bought by
Zabalo Lidia and Zabalo Orlando
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
Gutierrez Alejandro -- Attorney
Gutierrez Alejandro $163,500 Attorney
Gutierrez Alejandro -- Attorney
Gutierrez Alejandro -- Attorney
Zabalo Lidia -- Attorney
Zabalo Lidia -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Alejandro $71,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2021 01/21/21 Sold $163,500 0.0% $188 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/21/2020 10/21/20 Price Changed $163,500 -11.6% $188 / Sq Ft
07/08/2020 07/08/20 For Sale $185,000 -- $213 / 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 $3,175 $188,177 -- --
2024 $2,782 $171,070 -- --
2023 $2,782 $155,519 $0 $0
2022 $2,422 $141,381 $0 $0
2021 $2,177 $122,940 $0 $0
2020 $2,318 $136,600 $0 $0
2019 $2,131 $126,500 $0 $0
2018 $1,888 $115,000 $0 $0
2017 $1,730 $95,062 $0 $0
2016 $1,554 $86,420 $0 $0
2015 $1,508 $79,218 $0 $0
2014 -- $72,017 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10909023

MIAMI REALTORS® MLS

APN: 30-4009-024-0140