NOT LISTED FOR SALE

8807 SW 222nd Terrace Cutler Bay, FL 33190

Estimated Value: $625,000 - $710,000

5 Beds
3 Baths
2,531 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 18, 2014

Last sale price $225,000 $89 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $4,661/month

27 Days on Market

Highlights

  • 2 Car Attached Garage
  • Patio
  • Fenced
  • Views
  • Central Heating and Cooling System
  • Southwest Facing Home

About This Home

As of March 2014

PROPERTY IS ELIGIBLE UNDER FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 01/09/2014. NO ASSIGNING/ASSIGNEES. IF THE BUYER CHOSE THEIR OWN TITLE COMPANY THE SELLER WILL NOT PAY FOR TITLE POLICY. PLEASE CLICK ON THE ATTACHMENT BUTTON FOR SPECIAL INSTRUCTIONS MA NDATORY DISCLOSURE.

Last Agent to Sell the Property

Rafael Lopez

Wider Realty License #0538159 Listed on: 12/20/2013

Last Buyer's Agent

Carole Merhige

Coldwell Banker Realty License #0495523

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,237

Year Built

  • Built in 2004

Lot Details

  • 5,000 Sq Ft Lot
  • Southwest Facing Home
  • Fenced
  • Property is zoned 37/MULTI

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,531 Sq Ft Home
  • 2-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Lakes By The Bay Kaye Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36-60-16-013-0670

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,237

Year Built

Built in 2004

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Directions: MAPQUEST,GPS!
  • 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: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2531
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Other
  • Dining Room Features: Other
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: Other
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Other
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 36-60-16-013-0670
  • Lot Size Sq Ft: 5000
  • Zoning: 37/MULTI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 5237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2013
Closed on
Mar 18, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Pichel Alejandro
Seller's Agent
Rafael Lopez
Wider Realty
Buyer's Agent
Carole Merhige
Coldwell Banker Realty
List Price
$309,900
Sold Price
$225,000
Premium/Discount to List
-$84,900
-27.4%
Current Estimated Value
$717,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,877
Avg. Annual Appreciation
10.85%
Original Mortgage
$274,928
Outstanding Balance
$205,863
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$523,069

Purchase Details

Closed on
Dec 23, 2013
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 7, 2013
Sold by
Valencia Ruben Dario
Bought by
Citimortgage Inc

Purchase Details

Closed on
Nov 30, 2004
Sold by
Lennar Homes Inc
Bought by
Valencia Ruben and Valencia Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,700
Interest Rate
5.6%
Mortgage Type
Unknown
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
Pichel Alejandro $285,000 Attorney
Federal Home Loan Mortgage Corporation -- None Available
Citimortgage Inc $252,100 None Available
Valencia Ruben $327,200 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pichel Alejandro $57,722
Open Pichel Alejandro $274,928
Previous Owner Valencia Ruben $107,300
Previous Owner Valencia Ruben D $65,000
Previous Owner Valencia Ruben Dario $312,000
Previous Owner Valencia Ruben Dario $39,000
Previous Owner Valencia Ruben $261,700
Closed Valencia Ruben $65,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2014 03/18/14 Sold $225,000 -27.4% $89 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $309,900 -- $122 / 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 $7,267 $289,478 -- --
2024 $6,957 $281,320 -- --
2023 $6,957 $273,127 $0 $0
2022 $6,771 $265,172 $0 $0
2021 $6,696 $257,449 $0 $0
2020 $6,600 $253,895 $0 $0
2019 $6,468 $248,187 $0 $0
2018 $6,269 $243,560 $0 $0
2017 $6,374 $238,551 $0 $0
2016 $6,058 $233,645 $0 $0
2015 $6,079 $232,021 $0 $0
2014 -- $211,769 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rafael Lopez

    Seller's Agent in 2014

    Rafael Lopez

    Wider Realty

    (305) 962-0859

    2 in this area

    45 Total Sales

    Section Image
  • Carole Merhige

    Buyer's Agent in 2014

    Carole Merhige

    Coldwell Banker Realty

    (305) 609-5117

    2 in this area

    46 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1884067

MIAMI REALTORS® MLS

APN: 36-6016-013-0670

Florida Miami/Dade County Cutler Bay 33190

8807 SW 222nd Terrace, Cutler Bay, FL

This home is located at 8807 SW 222nd Terrace, Cutler Bay, FL 33190 since 20 December 2013 and is currently estimated at $669,907, approximately $264 per square foot. This property was built in 2004. 8807 SW 222nd 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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