NOT LISTED FOR SALE

8701 SW 155th Terrace Palmetto Bay, FL 33157

Estimated Value: $856,645 - $967,000

3 Beds
2 Baths
1,368 Sq Ft
$669/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $540,000 $395 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,402/month

2 Days on Market

Highlights

  • Newly Remodeled
  • In Ground Pool
  • No HOA
  • Coral Reef Elementary School Rated A
  • Garden View
  • Den

About This Home

As of September 2020

Charming 3 Bedrooms + Den & 2  Baths pool home with 2 car garage in the beautiful Palmetto Bay Area. Great location. Great School District. The owner has completed a lot of work in the past 2 or 3 years:  High Impact Windows and doors, new up-to code electrical box, New perimeter fence, Stainless steel appliances, Train AC (only 2 years old) pool was resurfaced about 2 years ago. Amazing corner 15,000 SqFt lot with beautiful trees and lots of space front, back and on the sides and oasis in the middle of the city. Easy access to everything.

Last Agent to Sell the Property

Belmis Montesino

Iconic Miami Realty License #3243480 Listed on: 08/24/2020

Last Buyer's Agent

Patty Bolanos

The Canero Group License #3278607

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,058

Year Built

  • Built in 1958 | Newly Remodeled

Lot Details

  • 0.34 Acre Lot
  • South Facing Home
  • Property is zoned 2100

Parking

  • 2 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Awning
  • French Doors
  • Combination Dining and Living Room
  • Den
  • Utility Room in Garage
  • Garden Views
  • High Impact Door

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Clay
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Coral Reef Elementary School
  • Southwood Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Coral Reef Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-28-005-0490

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,058

Year Built

Built in 1958 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: CORAL REEF ESTATES
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, French Doors, Den/Library/Office, Utility/Laundry In Garage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: High Impact Doors, French Doors
  • Flooring: Ceramic Floor, Clay
  • Furnished: Unfurnished
  • Living Area: 1368
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office, Utility/Laundry In Garage

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Awning(s), Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL REEF ESTATES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Coral Reef
  • High School: Miami Palmetto
  • Middle Or Junior School: Southwood

Lot Info

  • Parcel Number: 33-50-28-005-0490
  • Lot Size Sq Ft: 15000
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Sep 21, 2020
Sold by
Ashman Theresa L
Bought by
Fajardo Elena and Rovira Steven
Seller's Agent
Belmis Montesino
Iconic Miami Realty
Buyer's Agent
Patty Bolanos
The Canero Group
List Price
$565,000
Sold Price
$540,000
Premium/Discount to List
-$25,000
-4.42%
Current Estimated Value
$915,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,411
Avg. Annual Appreciation
10.93%
Original Mortgage
$486,000
Outstanding Balance
$431,293
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$484,118

Purchase Details

Closed on
May 2, 2002
Sold by
Frakes Donald R C
Bought by
Gonzalez Ariel and Gonzalez Eunice
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
Fajardo Elena $540,000 Attorney
Gonzalez Ariel $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fajardo Elena $486,000
Previous Owner Gonzalez Ariel $199,500
Previous Owner Gonzalez Ariel $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2020 09/25/20 Sold $540,000 -4.4% $395 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/23/2020 08/23/20 For Sale $565,000 +35.5% $413 / Sq Ft
12/22/2016 12/22/16 Sold $417,000 -2.3% $305 / Sq Ft View Prior Sale
11/16/2016 11/16/16 Pending -- -- --
10/17/2016 10/17/16 Price Changed $427,000 -1.8% $312 / Sq Ft
09/07/2016 09/07/16 Price Changed $435,000 -1.1% $318 / Sq Ft
08/15/2016 08/15/16 Price Changed $440,000 -2.2% $322 / Sq Ft
07/25/2016 07/25/16 Price Changed $450,000 +4.7% $329 / Sq Ft
07/25/2016 07/25/16 For Sale $430,000 -- $314 / 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 $7,216 $427,402 -- --
2024 $6,895 $415,357 -- --
2023 $6,895 $403,260 $0 $0
2022 $6,645 $391,515 $0 $0
2021 $6,627 $380,112 $240,000 $140,112
2020 $8,152 $350,123 $210,000 $140,123
2019 $6,058 $350,134 $210,000 $140,134
2018 $5,907 $350,146 $210,000 $140,146
2017 $5,902 $343,828 $0 $0
2016 $3,604 $213,021 $0 $0
2015 $3,662 $211,541 $0 $0
2014 $3,703 $209,863 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Belmis Montesino

    Seller's Agent in 2020

    Belmis Montesino

    Iconic Miami Realty

    (305) 725-4185

    2 in this area

    58 Total Sales

    Belmis Montesino
    Section Image
  • Patty Bolanos

    Buyer's Agent in 2020

    Patty Bolanos

    The Canero Group

    (305) 588-1826

    1 in this area

    18 Total Sales

    Patty Bolanos
    Section Image
  • Manny Bouza

    Seller's Agent in 2016

    Manny Bouza

    Miami New Realty

    (786) 287-4534

    6 Total Sales

    Manny Bouza
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10915734

MIAMI REALTORS® MLS

APN: 33-5028-005-0490

Florida Miami/Dade County Palmetto Bay 33157

8701 SW 155th Terrace, Palmetto Bay, FL

This home is located at 8701 SW 155th Terrace, Palmetto Bay, FL 33157 since 24 August 2020 and is currently estimated at $915,411, approximately $669 per square foot. This property was built in 1958. 8701 SW 155th Terrace 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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