NOT LISTED FOR SALE

8806 SW 221st Terrace Cutler Bay, FL 33190

Estimated Value: $568,930 - $614,000

3 Beds
2 Baths
1,876 Sq Ft
$318/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $317,000 $169 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,000/month

123 Days on Market

Highlights

  • Fitness Center
  • Garden View
  • Ceramic Tile Flooring
  • Clubhouse
  • Community Pool
  • Awning

About This Home

As of October 2018

Terrific Large Home in Lakes by the Bay. Move in Condition. Spacious Back Yard. Tremendous amenities include Pool, Spa, Clubhouse, Fitness Center, Jogging Trails, Lakes and Much more. Close to everything, Shopping, Restaurants, Schools, Blackpoint Marina and All Major Transportation. Easy to show and easy to sell.

Last Agent to Sell the Property

Lawrence Salas

Bestway Realty Sales, LLC License #3374468 Listed on: 05/10/2018

Last Buyer's Agent

Diana Talavera

Optimar International Realty License #3090147

Optimar International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,782

Year Built

  • Built in 2004

Lot Details

  • 5,120 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $161 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,876 Sq Ft Home
  • 2-Story Property
  • Awning
  • Family Room
  • Ceramic Tile Flooring
  • Garden Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36-60-16-013-0790

Community Details

Overview

  • Club Membership Required
  • Lakes By The Bay Kaye Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,782

Year Built

Built in 2004

Lot Details

0

HOA Fees

$161 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: LAKES BY THE BAY KAYE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor, Other
  • Furnished: Unfurnished
  • Living Area: 1876
  • Possible Use: Primary
  • Bedroom Features: Entry Level, Primary Bedroom Upstairs
  • Living Room Features: Family Room

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Awning(s)
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKES BY THE BAY KAYE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

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

Condo/Co-op/Association

  • Association Fee: 161
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Clubhouse, Exercise Room, Pool
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 36-60-16-013-0790
  • Lot Size Sq Ft: 5120
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4782

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Oct 12, 2018
Sold by
Fannie Mae
Bought by
Fernandez Amaury Pita
Seller's Agent
Lawrence Salas
Bestway Realty Sales, LLC
Buyer's Agent
Diana Talavera
Optimar International Realty
List Price
$374,000
Sold Price
$317,000
Premium/Discount to List
-$57,000
-15.24%
Current Estimated Value
$596,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,483
Avg. Annual Appreciation
9.33%
Original Mortgage
$311,258
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2018
Sold by
Almeida Go Christian
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 23, 2008
Sold by
Us Bank Na
Bought by
Go Christian Almeida and Jacobowitz Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 6, 2007
Sold by
Siu Shauni
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 23, 2005
Sold by
Barrera Luzmila
Bought by
Siu Shauni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,600
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2005
Sold by
Verdellis John R and Verdellis Stephanie
Bought by
Barrera Luzmila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2004
Sold by
Lennar Homes Inc
Bought by
Verdellis John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,450
Interest Rate
5.6%
Mortgage Type
Unknown
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
Fernandez Amaury Pita $317,000 Attorney
Federal National Mortgage Association $277,100 None Available
Go Christian Almeida $225,000 Buyers Title Inc
Us Bank Na $4,100 None Available
Siu Shauni $362,000 --
Barrera Luzmila $297,000 --
Verdellis John $233,100 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Amaury Pita $307,669
Closed Fernandez Amaury Pita $311,258
Previous Owner Jacobowitz Stephanie $30,000
Previous Owner Go Christian Almeida $202,500
Previous Owner Siu Shauni $289,600
Previous Owner Siu Shauni $54,300
Previous Owner Barrera Luzmila $297,000
Previous Owner Verdellis John $186,450
Closed Verdellis John $34,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2018 10/16/18 Sold $317,000 -2.5% $169 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
08/13/2018 08/13/18 Price Changed $325,000 -3.0% $173 / Sq Ft
07/10/2018 07/10/18 Price Changed $335,000 -4.0% $179 / Sq Ft
06/12/2018 06/12/18 Price Changed $349,000 -6.7% $186 / Sq Ft
05/10/2018 05/10/18 For Sale $374,000 -- $199 / 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 $7,070 $277,988 -- --
2024 $6,765 $270,154 -- --
2023 $6,765 $262,286 $0 $0
2022 $6,585 $254,647 $0 $0
2021 $6,510 $247,231 $0 $0
2020 $6,418 $243,818 $65,780 $178,038
2019 $7,162 $245,912 $65,780 $180,132
2018 $4,660 $152,892 $0 $0
2017 $4,782 $149,748 $0 $0
2016 $4,462 $146,668 $0 $0
2015 $4,462 $145,649 $0 $0
2014 $4,410 $144,494 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lawrence Salas

    Bestway Realty Sales, LLC

    (305) 562-5800

    2 in this area

    63 Total Sales

    Lawrence Salas
    Section Image

  • D

    Buyer's Agent in 2018

    Diana Talavera

    Optimar International Realty

    (305) 947-0477

    11 Total Sales

    Diana Talavera
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10467221

MIAMI REALTORS® MLS

APN: 36-6016-013-0790

Florida Miami/Dade County Cutler Bay 33190

8806 SW 221st Terrace, Cutler Bay, FL

This home is located at 8806 SW 221st Terrace, Cutler Bay, FL 33190 since 10 May 2018 and is currently estimated at $596,483, approximately $317 per square foot. This property was built in 2004. 8806 SW 221st Terrace is a home located in Miami-Dade County with nearby schools including Dr. Edward L. Whigham Elementary School, Cutler Bay Middle, 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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