NOT LISTED FOR SALE

8862 SW 221st Terrace Cutler Bay, FL 33190

Estimated Value: $455,000 - $473,000

3 Beds
2.5 Baths
1,832 Sq Ft
$253/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $199,000 $109 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,364/month

286 Days on Market

Highlights

  • Clubhouse
  • Security Guard
  • Central Heating and Cooling System
  • 1 Car Attached Garage
  • Ceramic Tile Flooring
  • Fenced

About This Home

As of July 2015

this corner and gorgeous towhnouse is located in lakes by the bay the palms has a nice layout, bright living areas, tile floor throughout first floor, all bedrooms are on 2nd floor 3 bedrooms 2 bath and half, very quiet area, this is a Fannie Mae homepath property

Last Agent to Sell the Property

Samy Matat

Miami Homes Realty,Inc. License #0626628 Listed on: 07/23/2014

Last Buyer's Agent

Alvaro Molinares

The Molinares Group Real Estate License #3201990

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,505

Year Built

  • Built in 2005

Lot Details

  • 1,787 Sq Ft Lot
  • Fenced

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,832 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36-60-16-014-1710

Community Details

Overview

  • Club Membership Required
  • Isles At Bayshore Condos

Pet Policy

  • Breed Restrictions

Building Details

Additional Features

  • Clubhouse
  • Security Guard

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,505

Year Built

Built in 2005

Lot Details

0

HOA Fees

$125 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Townhouse
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1832
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Primary Bedroom Upstairs

Exterior Features

  • View: None
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: isles at bayshore
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Guard At Site

Condo/Co-op/Association

  • Association Fee: 125
  • Amenities: Clubhouse-Clubroom
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 36-60-16-014-1710
  • Lot Size Sq Ft: 1787
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 125

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3505

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2020
Sold by
Ramirez Lilian and Davila Gabriel Omar
Bought by
Chapa Israel and Chapa Kryselda
Current Estimated Value
$465,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 23, 2014
Closed on
Jul 15, 2015
Sold by
Fannie Mae
Bought by
Ramirez Lilian
Seller's Agent
Samy Matat
Miami Homes Realty,Inc.
Buyer's Agent
Alvaro Molinares
The Molinares Group Real Estate
List Price
$194,900
Sold Price
$199,000
Premium/Discount to List
$4,100
2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$195,395
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2015
Sold by
Rivera Margarita
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 1, 2005
Sold by
Pride Homes Of Lakes By The Bay Parcel J
Bought by
Rivera Raquel and Rivera Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,990
Interest Rate
6.21%
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
Chapa Israel $265,000 Florida Ttl & Guarantee Agcy
Ramirez Lilian $199,000 New House Title Llc
Federal National Mortgage Association $130,600 None Available
Rivera Raquel $280,000 Title Company Of America Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapa Israel $259,466
Closed Chapa Israel $260,200
Previous Owner Ramirez Lilian $195,395
Previous Owner Rivera Raquel $223,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2015 07/31/15 Sold $199,000 +2.1% $109 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
04/23/2015 04/23/15 Price Changed $194,900 0.0% $106 / Sq Ft
04/23/2015 04/23/15 For Sale $194,900 -2.1% $106 / Sq Ft
01/20/2015 01/20/15 Off Market $199,000 -- --
09/25/2014 09/25/14 Pending -- -- --
08/26/2014 08/26/14 Price Changed $179,900 -5.3% $98 / Sq Ft
07/23/2014 07/23/14 For Sale $189,900 -- $104 / 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 $8,265 $353,466 -- --
2024 $7,897 $343,505 -- --
2023 $7,897 $333,500 $0 $0
2022 $7,025 $234,850 $0 $0
2021 $6,517 $213,500 $0 $0
2020 $4,946 $170,063 $0 $0
2019 $4,861 $166,240 $0 $0
2018 $4,724 $163,141 $0 $0
2017 $4,782 $159,786 $0 $0
2016 $5,354 $156,500 $0 $0
2015 $3,547 $98,483 $0 $0
2014 -- $97,702 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Samy Matat

    Seller's Agent in 2015

    Samy Matat

    Miami Homes Realty,Inc.

    (305) 300-0110

    2 in this area

    27 Total Sales

    Section Image
  • Alvaro Molinares

    Buyer's Agent in 2015

    Alvaro Molinares

    The Molinares Group Real Estate

    (786) 353-9151

    31 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1981464

MIAMI REALTORS® MLS

APN: 36-6016-014-1710

Florida Miami/Dade County Cutler Bay 33190

8862 SW 221st Terrace, Cutler Bay, FL

This home is located at 8862 SW 221st Terrace, Cutler Bay, FL 33190 since 23 July 2014 and is currently estimated at $463,479, approximately $252 per square foot. This property was built in 2005. 8862 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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