$422,000
SOLD NOV 20, 2020

8850 SW 223rd Terrace Cutler Bay, FL 33190

5 Beds
3 Baths
2,711 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

1% Below List Price

17 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Maid or Guest Quarters
  • Fitness Center
  • Clubhouse
  • Main Floor Bedroom

About This Home

As of November 2022

This beautiful home is nestled in one of the most sought after communities in Cutler Bay. Low HOA fees with tons of amenities, 24 hour security, walking trails and more. Minutes away from Black Point Marina and quick access to the Florida Turnpike. Step into this home which offers 20’ high ceilings, formal living and dining room with a gorgeous kitchen, custom cabinetry, granite counter tops, and stainless steel appliances. Walk outside to your beautiful patio and enjoy a perfect summer night with family enjoying the breeze from the water. On the first floor you have a bedroom with a full bathroom and outside access door. Spacious bedrooms and large den area upstairs. Master bedroom offers a stunning view of the lake. This home lacks nothing. Call now and come by and see for yourself.

Last Agent to Sell the Property

Traci Tam

MMLS Assoc.-Inactive Member License #3427995 Listed on: 09/03/2020

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,838

Year Built

  • Built in 2005

Lot Details

  • 5,000 Sq Ft Lot
  • 50 Ft Wide Lot
  • Lake Front
  • North Facing Home
  • Property is zoned 0100

HOA Fees

  • $51 Monthly HOA Fees

Parking

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

Home Design

  • Barrel Roof Shape
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,711 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Lake Views
  • Complete Accordion Shutters

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36-60-16-013-0450

Community Details

Overview

  • Lakes By The Bay Kaye Subdivision
  • Mandatory home owners association

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,838

Year Built

Built in 2005

Lot Details

0

HOA Fees

$51 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: LAKES BY THE BAY KAYE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), Family Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 2711
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Complete Accordian Shutters, Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Family Room, Maid/In-Law Quarters, Utility Room/Laundry

Exterior Features

  • Roof: Barrel Roof, Curved/S-Tile Roof
  • View: Lake
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Lake
  • Waterfront: Yes

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: Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 51
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Clubhouse, Pool, Exercise Room, Gated Community, Mandatory Hoa, Paved Road, Sidewalks
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 36-60-16-013-0450
  • Lot Size Sq Ft: 5000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5838

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Nov 14, 2022
Sold by
Destine Davidson and Destine Natalie
Bought by
America Hana Llc
Seller's Agent
Rutar Jean Bellis
Lifestyle International Realty
List Price
$675,000
Sold Price
$579,985
Premium/Discount to List
-$95,015
-14.08%
Views
5
Current Estimated Value
$712,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,509
Avg. Annual Appreciation
7.49%

Purchase Details

Listed on
Sep 3, 2020
Closed on
Nov 19, 2020
Sold by
Newell Aileen and Johnson Gregory M
Bought by
Destine Davidson and Destine Natalie
Seller's Agent
Traci Tam
MMLS Assoc.-Inactive Member
List Price
$424,750
Sold Price
$422,000
Premium/Discount to List
-$2,750
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.42%
Original Mortgage
$431,706
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Nov 18, 2010
Sold by
Dalessandro Rosario
Bought by
Newell Aileen and Johnson Gregory M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2005
Sold by
Lennar Homes Inc
Bought by
Dalessandro Dante L and Dalessandro Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,850
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $580,000 Coronado Title
Warranty Deed $422,000 Nu World Ttl Of Miami Beach
Warranty Deed $230,000 Pinecrest Premier Title Llc
Special Warranty Deed $372,400 North American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $431,706 VA
Previous Owner $50,000 Credit Line Revolving
Previous Owner $182,500 New Conventional
Previous Owner $192,000 New Conventional
Previous Owner $297,850 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Rented $4,200 0.0% --
12/22/2022 12/22/22 Under Contract -- -- --
12/16/2022 12/16/22 Price Changed $4,200 -6.7% $2 / Sq Ft
12/11/2022 12/11/22 Price Changed $4,500 -8.2% $2 / Sq Ft
12/02/2022 12/02/22 Price Changed $4,900 -5.8% $2 / Sq Ft
11/24/2022 11/24/22 For Rent $5,200 0.0% --
11/14/2022 11/14/22 Sold $579,985 -14.1% $202 / Sq Ft
07/26/2022 07/26/22 For Sale $675,000 +60.0% $235 / Sq Ft
11/20/2020 11/20/20 Sold $422,000 -0.6% $156 / Sq Ft
09/01/2020 09/01/20 For Sale $424,750 -- $157 / 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 $12,778 $544,766 $187,500 $357,266
2024 $12,631 $548,920 $187,500 $361,420
2023 $12,631 $548,074 $182,500 $365,574
2022 $10,209 $456,558 $127,500 $329,058
2021 $8,890 $335,422 $82,500 $252,922
2020 $5,950 $218,463 $0 $0
2019 $5,838 $213,552 $0 $0
2018 $5,665 $209,571 $0 $0
2017 $5,776 $205,261 $0 $0
2016 $5,460 $201,040 $0 $0
2015 $5,472 $199,643 $0 $0
2014 -- $198,059 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10919248

MIAMI REALTORS® MLS

APN: 36-6016-013-0450