NOT LISTED FOR SALE

8801 SW 114th Terrace Miami, FL 33176

Estimated Value: $1,773,000 - $1,985,000

4 Beds
3 Baths
3,304 Sq Ft
$564/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $670,000 $203 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $10,447/month

17 Days on Market

Highlights

  • Newly Remodeled
  • In Ground Pool
  • Vaulted Ceiling
  • Vineland K-8 Center Rated A-
  • 34,412 Sq Ft lot
  • Roman Tub

About This Home

As of March 2013

Completely remodeled 4BR/3BA home on huge 34,412 s.f.lot. Per owner house is 3,304 s.f. Spacious open floor plan with beautiful kitchen w/Granite counter tops and new stainless steel appliances along with plenty of wood cabinets.All bathrooms completely r edone.Over sized pool. All new brick paver driveway and pool decking. 3 central AC units. New ceiling fans all rooms. Central alarm system. Impact glass windows.You won't find anything in this price range as nice. Truly a turn key property.

Last Agent to Sell the Property

Randy Phinney

MMLS Assoc.-Inactive Member License #0535114 Listed on: 02/04/2013

Last Buyer's Agent

Randy Phinney

MMLS Assoc.-Inactive Member License #0535114 Listed on: 02/04/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,191

Year Built

  • Built in 1955 | Newly Remodeled

Lot Details

  • 0.79 Acre Lot
  • South Facing Home
  • Fenced
  • Property is zoned 23/ESTAT

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,304 Sq Ft Home
  • 1-Story Property
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Sun or Florida Room
  • Tile Flooring
  • Pool Views
  • Laundry in Utility Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Roman Tub

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • High Point Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-50-09-007-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,191

Year Built

Built in 1955 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: HIGH POINT ESTS
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: First Floor Entry, Bar, Entrance Foyer, Roman Tub, Vaulted Ceiling(s), Family Room, Florida Room, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 3304
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Living Room Features: Family Room, Florida Room, Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: Pool
  • Exterior Features: Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: HIGH POINT ESTS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-50-09-007-0070
  • Lot Size Sq Ft: 34412
  • Zoning: 23/ESTAT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 5191

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2013
Closed on
Mar 28, 2013
Sold by
Jar Investments Xxii Ltd
Bought by
Fernandez Andres A and Fernandez Melissa P
Seller's Agent
Randy Phinney
MMLS Assoc.-Inactive Member
Buyer's Agent
Randy Phinney
MMLS Assoc.-Inactive Member
List Price
$689,000
Sold Price
$670,000
Premium/Discount to List
-$19,000
-2.76%
Current Estimated Value
$1,863,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,193,943
Avg. Annual Appreciation
8.47%
Original Mortgage
$536,000
Outstanding Balance
$380,052
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$1,483,891

Purchase Details

Closed on
Mar 30, 2011
Sold by
Lam Jay M and Lam Denise D
Bought by
Jar Investments Xxii Ltd

Purchase Details

Closed on
Feb 28, 2007
Sold by
Carner Richard L and Carner Zelda B
Bought by
Lam Jay M and Lam Denise D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.19%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Fernandez Andres A $670,000 Attorney
Jar Investments Xxii Ltd $380,000 Universal Land Title Llc
Lam Jay M $875,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Andres A $536,000
Previous Owner Lam Jay M $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $670,000 -2.8% $203 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $689,000 -- $209 / 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 $8,291 $502,468 -- --
2024 $7,947 $488,308 -- --
2023 $7,947 $474,086 $0 $0
2022 $7,666 $460,278 $0 $0
2021 $7,646 $446,872 $0 $0
2020 $7,561 $440,703 $0 $0
2019 $7,405 $430,795 $0 $0
2018 $7,068 $422,763 $0 $0
2017 $7,014 $414,068 $0 $0
2016 $6,984 $405,552 $0 $0
2015 $7,069 $402,733 $0 $0
2014 $7,159 $399,537 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1743666

MIAMI REALTORS® MLS

APN: 30-5009-007-0070