NOT LISTED FOR SALE

8856 SW 221st Terrace Cutler Bay, FL 33190

Estimated Value: $627,490 - $724,000

5 Beds
3 Baths
2,476 Sq Ft
$272/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $367,500 $148 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,740/month

189 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Balcony
  • Sitting Area In Primary Bedroom
  • Room in yard for a pool
  • 2 Car Attached Garage

About This Home

As of August 2020

Large corner SFH with 5 bedrooms and 3 full bathrooms with 1/1 downstairs, great for a multi-family. Open space living, dining, and family rooms. The master bedroom has a large sitting area, great for office or baby's room. One of the other rooms has a balcony. Front loader washer and dryer upstairs. Brand new parquet/wood flooring on stairs and all of the 2nd floor, tiled on the first floor. Freshly painted all the interior. Large backyard and 2 car garage. Easy to show.

***Incentive for the buyer and agent: Complimentary Vacation Certificate for 4 days and 3 nights at a luxury resort, at closing time. Different destinations, pick one: Mexico, Spain, Brazil, Greece, Canada, etc.***

Last Agent to Sell the Property

Millie Forte

Forte Homes Realty License #0377240 Listed on: 11/26/2019

Last Buyer's Agent

Melissa Minino-Stewart

The Lab Realty Group, LLC License #3408975

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,211

Year Built

  • Built in 2004

Lot Details

  • 5,396 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,476 Sq Ft Home
  • 2-Story Property
  • Family or Dining Combination

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Balcony
  • Patio

Schools

  • Edward Whigham Elementary School
  • Cutler Bay Middle School
  • Miami Southridge High School

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 36-60-16-013-0740

Community Details

Overview

  • Lakes By The Bay Kaye,Isles Of Bayshore Subdivision
  • Mandatory home owners association
  • Maintained Community

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,211

Year Built

Built in 2004

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: 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,ISLES OF BAYSHORE
  • Year Built Details: Resale
  • 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, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Ceramic Floor, Parquet
  • Furnished: Unfurnished
  • Living Area: 2476
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Family/Dining Combination
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: None
  • Exterior Features: Open Balcony, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: No
  • View: No
  • 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: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 51
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Additional Amenities, Gated, Pool, Exercise Room, Gated Community, Maintained Community, Mandatory Hoa, Sidewalks, Underground Utilities
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Edward Whigham
  • High School: Miami Southridge
  • Middle Or Junior School: Cutler Bay

Lot Info

  • Parcel Number: 36-60-16-013-0740
  • Lot Size Sq Ft: 5396
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2019
Closed on
Jul 13, 2020
Sold by
Alam Omar N and Alam Shella M
Bought by
Seda John and Friedman Ricki Ellen
Seller's Agent
Millie Forte
Forte Homes Realty
Buyer's Agent
Melissa Minino-Stewart
The Lab Realty Group, LLC
List Price
$400,000
Sold Price
$367,500
Premium/Discount to List
-$32,500
-8.12%
Current Estimated Value
$673,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,123
Avg. Annual Appreciation
12.87%
Original Mortgage
$353,479
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2020
Sold by
Alam Shella M
Bought by
Alam Shella M and Alam Nasir M

Purchase Details

Listed on
Jan 4, 2013
Closed on
Oct 10, 2013
Sold by
Alam Nasir M
Bought by
Alam Omar N and Alam Nasir M
Seller's Agent
Jose Cabrera
AmeriFirst Realty
Buyer's Agent
Millie Forte
Forte Homes Realty
List Price
$230,000
Sold Price
$241,000
Premium/Discount to List
$11,000
4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$192,800
Interest Rate
4.31%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 4, 2013
Closed on
Sep 23, 2013
Sold by
Sequeira Allan B and Sequeira Jacqueline D
Bought by
Alam Nasir M
Seller's Agent
Jose Cabrera
AmeriFirst Realty
Buyer's Agent
Millie Forte
Forte Homes Realty
List Price
$230,000
Sold Price
$241,000
Premium/Discount to List
$11,000
4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
4.31%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 24, 2004
Sold by
Lennar Homes Inc
Bought by
Sequeira Allan B and Sequeira Jacqueline D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,300
Interest Rate
5.25%
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
Seda John $367,500 Vizcaya Title And Escrow
Alam Shella M -- Attorney
Alam Omar N -- Attorney
Alam Nasir M $241,000 Attorney
Sequeira Allan B $319,400 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seda John $50,000
Closed Seda John $12,051
Previous Owner Seda John $353,479
Previous Owner Alam Nasir M $192,800
Previous Owner Sequeira Allan B $315,000
Previous Owner Sequeira Allan B $75,000
Previous Owner Sequeira Allan B $303,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $367,500 -3.3% $148 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
03/19/2020 03/19/20 Price Changed $380,000 -1.3% $153 / Sq Ft
02/18/2020 02/18/20 Price Changed $385,000 -1.3% $155 / Sq Ft
01/15/2020 01/15/20 Price Changed $390,000 -2.5% $158 / Sq Ft
11/25/2019 11/25/19 For Sale $400,000 +66.0% $162 / Sq Ft
09/23/2013 09/23/13 Sold $241,000 0.0% $95 / Sq Ft
08/29/2013 08/29/13 Pending -- -- --
04/25/2013 04/25/13 Off Market $241,000 -- --
03/27/2013 03/27/13 For Sale $230,000 -4.6% $91 / Sq Ft
01/28/2013 01/28/13 Off Market $241,000 -- --
01/04/2013 01/04/13 For Sale $230,000 -- $91 / 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 $12,211 $455,149 -- --
2024 $11,678 $413,772 -- --
2023 $11,678 $376,157 $0 $0
2022 $10,636 $341,961 $0 $0
2021 $8,438 $310,874 $77,970 $232,904
2020 $7,618 $268,940 $67,574 $201,366
2019 $7,624 $271,309 $67,574 $203,735
2018 $7,312 $263,282 $57,178 $206,104
2017 $7,269 $236,878 $0 $0
2016 $6,902 $239,578 $0 $0
2015 $6,611 $220,647 $0 $0
2014 -- $201,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Millie Forte

    Seller's Agent in 2020

    Millie Forte

    Forte Homes Realty

    (305) 431-1471

    2 in this area

    22 Total Sales

    Millie Forte
    Section Image
  • Melissa Minino-Stewart

    Buyer's Agent in 2020

    Melissa Minino-Stewart

    The Lab Realty Group, LLC

    (305) 987-9707

    1 in this area

    24 Total Sales

    Melissa Minino-Stewart
    Section Image
  • Jose Cabrera

    Seller's Agent in 2013

    Jose Cabrera

    AmeriFirst Realty

    (954) 701-3802

    28 Total Sales

    Jose Cabrera
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10779111

MIAMI REALTORS® MLS

APN: 36-6016-013-0740

Florida Miami/Dade County Cutler Bay 33190

8856 SW 221st Terrace, Cutler Bay, FL

This home is located at 8856 SW 221st Terrace, Cutler Bay, FL 33190 since 26 November 2019 and is currently estimated at $673,623, approximately $272 per square foot. This property was built in 2004. 8856 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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