NOT LISTED FOR SALE

8861 SW 221st Terrace Unit 1 Cutler Bay, FL 33190

Estimated Value: $448,355 - $458,000

3 Beds
2 Baths
1,812 Sq Ft
$251/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $173,769 $96 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $3,286/month

9 Days on Market

Highlights

  • 1 Car Attached Garage
  • Views
  • Central Heating and Cooling System
  • Walk-In Closet
  • Tile Flooring

About This Home

As of September 2016

This property is bank owned. It is sold in “as-is” condition without repairs or warranty. Buyer is responsible for verifying all information contained in this listing.

Last Agent to Sell the Property

Stephen Sibiga

MMLS Assoc.-Inactive Member License #3217607 Listed on: 08/19/2016

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Alexis Arena

Total Brokers USA, LLC. License #3293007

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2006

Lot Details

  • 1,786

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,812 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36-60-16-014-1700

Community Details

Overview

  • Lakes By The Bay HOA Condos

Pet Policy

  • Breed Restrictions

Building Details

Townhouse Details

Home Type

Townhome

Year Built

Built in 2006

Lot Details

0

HOA Fees

$105 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Townhouse
  • Directions: Head south on SW 88th Ave toward SW 221st Terrace, Turn right onto SW 221st Terrace, Turn right onto SW 88th Path, Destination will be on the left.
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Interior Amenities: Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 1812
  • Other Equipment: No Equipment
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Lakes by the Bay HOA
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 105
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 36-60-16-014-1700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 105

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4937

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2016
Closed on
Sep 26, 2016
Sold by
Deutsche Bank National Trust Co
Bought by
Aldila I Llc
Seller's Agent
Stephen Sibiga
MMLS Assoc.-Inactive Member
Buyer's Agent
Alexis Arena
Total Brokers USA, LLC.
List Price
$180,200
Sold Price
$173,769
Premium/Discount to List
-$6,431
-3.57%
Current Estimated Value
$454,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,944
Avg. Annual Appreciation
11.33%

Purchase Details

Listed on
Aug 19, 2016
Closed on
Aug 9, 2016
Sold by
Isles At Bayshore Master Assn Inc
Bought by
Deutsche Bank National Trust Company
Seller's Agent
Stephen Sibiga
MMLS Assoc.-Inactive Member
Buyer's Agent
Alexis Arena
Total Brokers USA, LLC.
List Price
$180,200
Sold Price
$173,769
Premium/Discount to List
-$6,431
-3.57%

Purchase Details

Closed on
Feb 16, 2006
Sold by
Pride Homes Of Lakes By The Bay Parcel J
Bought by
Osorio Guillermo and Osorio Flor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,150
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Aldila I Llc $173,800 Concorde Land Title Services
Deutsche Bank National Trust Company $177,100 None Available
Osorio Guillermo $258,000 Title Company Of America Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osorio Guillermo $232,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2016 09/29/16 Sold $173,769 -3.6% $96 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $180,200 -- $99 / 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 $8,444 $312,584 -- --
2024 $7,781 $284,168 -- --
2023 $7,781 $258,335 $0 $0
2022 $7,025 $234,850 $0 $0
2021 $6,517 $213,500 $0 $0
2020 $6,272 $207,500 $0 $0
2019 $5,852 $180,500 $0 $0
2018 $5,752 $180,500 $0 $0
2017 $5,727 $172,100 $0 $0
2016 $5,156 $138,516 $0 $0
2015 $4,937 $125,924 $0 $0
2014 -- $114,477 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Stephen Sibiga

    MMLS Assoc.-Inactive Member

    Section Image
  • Alexis Arena

    Buyer's Agent in 2016

    Alexis Arena

    Total Brokers USA, LLC.

    (786) 953-2388

    8 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10135056

MIAMI REALTORS® MLS

APN: 36-6016-014-1700

Florida Miami/Dade County Cutler Bay 33190

8861 SW 221st Terrace Unit 1, Cutler Bay, FL

This home is located at 8861 SW 221st Terrace Unit 1, Cutler Bay, FL 33190 since 19 August 2016 and is currently estimated at $454,339, approximately $250 per square foot. This property was built in 2006. 8861 SW 221st Terrace Unit 1 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.

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