NOT LISTED FOR SALE

8862 SW 220th St Cutler Bay, FL 33190

Estimated Value: $447,563

3 Beds
2.5 Baths
1,812 Sq Ft
$247/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $355,000 $196 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,092/month

9 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Security Service
  • Clubhouse
  • Walk-In Closet
  • Card or Code Access

About This Home

As of December 2021

Large Townhome home in the desirable community of the isles at Bayshore in Cutler Bay! Large Master Bedroom with walk-in closet, washer, and dryer on the second level. Rear patio for entertaining. The community has 2 swimming pools, a clubhouse, a fully equipped Gym. 24 hours security. Near the highway, great schools, shipping centers, and Black Point Marina. Property tenant Occupied/ leased till December 31st. DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Gustavo Pacheco

EXP Realty LLC License #3187382 Listed on: 10/31/2021

EXP Realty LLC

Last Buyer's Agent

Juan Botero

Keller Williams Realty Premier Properties License #3419259

Keller Williams Realty Premier Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,272

Year Built

  • Built in 2006

Lot Details

  • 1,786

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,812 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Schools

  • Edward Whigham Elementary School
  • Miami Southridge High School

Additional Features

  • Fenced
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36-60-16-014-1190

Community Details

Overview

  • Club Membership Required
  • Lakes By The Bay Jay Condos
  • Lakes By The Bay Jay Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Building Details

Security

  • Security Service
  • Card or Code Access
  • Complex Is Fenced

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,272

Year Built

Built in 2006

Lot Details

0

HOA Fees

$9 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Townhouse
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: LAKES BY THE BAY JAY
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 1812
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Master Bedroom Upstairs

Exterior Features

  • View: None
  • Exterior Features: East Of Us1
  • Fencing: Fenced
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Lakes By the Bay JAY
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Card Entry, Security Patrol

Condo/Co-op/Association

  • Association Fee: 110
  • Amenities: Clubhouse-Clubroom, Exercise Room, Pool
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Edward Whigham
  • High School: Miami Southridge

Lot Info

  • Parcel Number: 36-60-16-014-1190
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6272

Multi Family

  • Maintenance Expense: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2021
Closed on
Dec 27, 2021
Sold by
Arturo Monsante
Bought by
Bracho Jose Ramon Vargas and Chacin Icelys D
Seller's Agent
Gustavo Pacheco
EXP Realty LLC
Buyer's Agent
Juan Botero
Keller Williams Realty Premier Properties
List Price
$340,000
Sold Price
$355,000
Premium/Discount to List
$15,000
4.41%
Current Estimated Value
$447,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,563
Avg. Annual Appreciation
6.22%
Original Mortgage
$348,570
Outstanding Balance
$321,293
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$126,270

Purchase Details

Closed on
Jul 25, 2006
Sold by
Monsante Isabel
Bought by
Monsante Arturo

Purchase Details

Closed on
Jun 12, 2006
Sold by
Pride Homes Of Lakes By The Bay Parcel J
Bought by
Monsante Isabel
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
Bracho Jose Ramon Vargas $355,000 New Title Company Name
Monsante Arturo -- American Title & Closing Ser
Monsante Isabel $280,000 Title Company Of America Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bracho Jose Ramon Vargas $348,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2021 12/28/21 Sold $355,000 +4.4% $196 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/31/2021 10/31/21 For Sale $340,000 -- $188 / 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 $8,879 $355,043 -- --
2024 $8,177 $322,767 -- --
2023 $8,177 $293,425 $0 $0
2022 $7,388 $266,750 $0 $0
2021 $6,517 $213,500 $0 $0
2020 $6,272 $207,500 $0 $0
2019 $5,852 $180,500 $0 $0
2018 $5,610 $180,500 $0 $0
2017 $5,510 $152,367 $0 $0
2016 $5,156 $138,516 $0 $0
2015 $4,937 $125,924 $0 $0
2014 $4,801 $114,477 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11117112

MIAMI REALTORS® MLS

APN: 36-6016-014-1190