NOT LISTED FOR SALE

8820 SW 156th Terrace Palmetto Bay, FL 33157

Estimated Value: $889,726 - $1,120,000

4 Beds
3 Baths
1,748 Sq Ft
$564/Sq Ft Est. Value

About This Home

This home is located at 8820 SW 156th Terrace, Palmetto Bay, FL 33157 and is currently estimated at $985,182, approximately $563 per square foot. 8820 SW 156th 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
8820 Land Trust and Florida Trust Services Llc
Bought by
Investment Zone Pa Llc
Current Estimated Value
$1,012,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$416,678
Interest Rate
7.1%
Mortgage Type
Construction
Estimated Equity
$582,992

Purchase Details

Closed on
Dec 27, 2023
Sold by
Investment Zone Pa Llc A Domesticated Li
Bought by
Sw 156Th Terrace Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$943,500
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2022
Sold by
Leonard Anderson
Bought by
Jnkv One Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$879,000
Interest Rate
3.83%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 8, 2022
Sold by
Jnkv One Investments Llc
Bought by
Sw 156 Terrace Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$879,000
Interest Rate
3.83%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 2, 2022
Sold by
Leonard Anderson
Bought by
Jnkv One Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$879,000
Interest Rate
3.83%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 25, 2004
Sold by
Anderson Leonard A and Anderson Leonard L
Bought by
Anderson Leonard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.6%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Investment Zone Pa Llc -- Trust Title
Sw 156Th Terrace Land Trust -- None Listed On Document
Investment Zone Pa Llc A Domesticated Limited -- Trust Title
Jnkv One Investments Llc -- Michelle Mejia
Sw 156 Terrace Land Trust -- Michelle Mejia
Jnkv One Investments Llc -- Michelle Mejia
Jnkv One Investments Llc -- Michelle Mejia
Jnkv One Investments Llc -- Michelle Mejia
Anderson Leonard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Investment Zone Pa Llc $1,800,000
Previous Owner Investment Zone Pa Llc A Domesticated Limited $943,500
Previous Owner Sw 156Th Terrace Land Trust $879,000
Previous Owner Anderson Leonard A $250,000
Previous Owner Anderson Leonard L $150,000
Previous Owner Anderson Leonard A $85,000
Source: Public Records

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 $9,574 $514,259 $487,808 $26,451
2024 $11,269 $510,449 $483,904 $26,545
2023 $11,269 $612,876 $378,050 $234,826
2022 $8,844 $456,240 $0 $0
2021 $7,982 $414,764 $241,952 $172,812
2020 $4,064 $267,429 $0 $0
2019 $3,961 $261,417 $0 $0
2018 $3,759 $256,543 $0 $0
2017 $3,738 $251,267 $0 $0
2016 $3,704 $246,099 $0 $0
2015 $3,765 $244,389 $0 $0
2014 $3,814 $242,450 $0 $0
Source: Public Records

Map

Florida Miami/Dade County Palmetto Bay 33157

8820 SW 156th Terrace, Palmetto Bay, FL

This home is located at 8820 SW 156th Terrace, Palmetto Bay, FL 33157 and is currently estimated at $985,182, approximately $563 per square foot. 8820 SW 156th 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.

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