NOT LISTED FOR SALE

8815 SW 221st Terrace Cutler Bay, FL 33190

Estimated Value: $587,527 - $653,000

3 Beds
2.5 Baths
1,876 Sq Ft
$332/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $377,300 $201 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,227/month

27 Days on Market

Highlights

  • Newly Remodeled
  • Vaulted Ceiling
  • Garden View
  • Clubhouse
  • Roman Tub
  • Mediterranean Architecture

About This Home

As of January 2021

Stunning 3 bed/2.5 bath home located in Isles at Bayshore, one of Cutler Bay's most exclusive communities. Great chef's kitchen features tall wooden cabinets & top-of-the line appliances, including a double door refrigerator. Huge backyard is partially paved. **LOW HOA $51**The luxurious resort style clubhouse feature a pool, kids pool, jacuzzi & full gym! Easy access to the Turnpike, US-1, Old Cutler Road and 87th Avenue. Conveniently located near Black Point Marina. Owners have really taken care of this one, this home is a MUST SEE! Call for a private showing today. Easy to show.

Last Agent to Sell the Property

Esteban Reyes

Realty One Group Evolution License #3347898 Listed on: 11/14/2020

Realty One Group Evolution

Last Buyer's Agent

Katerine Alonso

United Real Estate Miami License #3404583

United Real Estate Miami

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,167

Year Built

  • Built in 2004 | Newly Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $51 Monthly HOA Fees

Parking

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

Home Design

  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 1,876 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36-60-16-013-0880

Community Details

Overview

  • Lakes By The Bay Kaye,Isles At Bayshore Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,167

Year Built

Built in 2004 | Newly Remodeled

Lot Details

0

HOA Fees

$51 per month

Parking

2

Listing Details

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

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Pantry, Roman Tub, Vaulted Ceiling(s), Walk-In Closet(s), No Additional Rooms
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1876
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Bedroom Features: Master Bedroom Upstairs
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden, Other
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • 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: Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association Fee: 51
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Clubhouse, Pool, Maintained Community
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 36-60-16-013-0880
  • Lot Size Sq Ft: 5000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6167

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2020
Closed on
Jan 25, 2021
Sold by
Deazevedo Maria R Tenorio and Lugo Anthony Richard
Bought by
Escobar Nathalia and Debenito Hugo
Seller's Agent
Esteban Reyes
Realty One Group Evolution
Buyer's Agent
Katerine Alonso
United Real Estate Miami
List Price
$379,800
Sold Price
$377,300
Premium/Discount to List
-$2,500
-0.66%
Current Estimated Value
$622,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,082
Avg. Annual Appreciation
11.24%
Original Mortgage
$370,465
Outstanding Balance
$332,683
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$282,430

Purchase Details

Listed on
Aug 17, 2016
Closed on
Sep 26, 2016
Sold by
Alam Shawn N and Alam Nasir M
Bought by
Azevedo Maria R Tenorio De
Seller's Agent
Millie Forte
Forte Homes Realty
Buyer's Agent
Siegfried Grau
MMLS Assoc.-Inactive Member
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$294,566
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2013
Sold by
Alam Omar N
Bought by
Alam Shawn N and Alam Nasir M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
4.31%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 15, 2013
Sold by
Valido Lizmari
Bought by
Alam Omar N

Purchase Details

Closed on
May 24, 2011
Sold by
Pancarician David and Pancarician Brahem
Bought by
Valido Lizmari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,197
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 2005
Sold by
Chocheland Inc
Bought by
Pancarician David and Pancarician Brahem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 25, 2004
Sold by
Lennar Homes Inc
Bought by
Chocheland Inc
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
Escobar Nathalia $377,300 All World Title Corp
Azevedo Maria R Tenorio De $300,000 Supreme Title & Escrow Inc
Alam Shawn N -- Attorney
Alam Omar N $195,000 Attorney
Valido Lizmari $150,000 Attorney
Pancarician David $350,000 Royal Title & Escrow Co
Chocheland Inc $233,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobar Nathalia $370,465
Previous Owner Deazevedo Maria R Tenorio $42,000
Previous Owner Azevedo Maria R Tenorio De $294,566
Previous Owner Alam Nasir M $117,000
Previous Owner Valido Lizmari $146,197
Previous Owner Pancarician David $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $377,300 -0.7% $201 / Sq Ft
11/14/2020 11/14/20 For Sale $379,800 +26.6% $202 / Sq Ft
09/26/2016 09/26/16 Sold $300,000 0.0% $160 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
08/23/2016 08/23/16 Price Changed $300,000 -3.2% $160 / Sq Ft
08/17/2016 08/17/16 For Sale $310,000 0.0% $165 / Sq Ft
07/01/2013 07/01/13 Rented $1,650 -13.2% --
06/01/2013 06/01/13 Under Contract -- -- --
04/23/2013 04/23/13 For Rent $1,900 -- --
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 $9,421 $413,497 -- --
2024 $9,061 $401,844 -- --
2023 $9,061 $390,140 $0 $0
2022 $8,812 $378,777 $120,000 $258,777
2021 $7,714 $271,889 $75,000 $196,889
2020 $6,290 $236,955 $0 $0
2019 $6,167 $231,628 $0 $0
2018 $5,980 $227,310 $0 $0
2017 $6,088 $222,635 $0 $0
2016 $6,108 $196,321 $0 $0
2015 $5,854 $179,983 $0 $0
2014 -- $163,621 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10957631

MIAMI REALTORS® MLS

APN: 36-6016-013-0880