NOT LISTED FOR SALE

8862 SW 221st Terrace Cutler Bay, FL 33190

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

3 Beds
2.5 Baths
1,812 Sq Ft
$256/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $407,000 $225 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,339/month

14 Days on Market

Highlights

  • Concrete Pool
  • Clubhouse
  • Pool View
  • Gated Community
  • Roman Tub
  • Cooking Island

About This Home

As of April 2022

This Spacious end unit is an entertainer's dream with lots of natural light. Large open kitchen, stainless steel appliances, lots of cabinets and counter space. Center island host a wine cooler, extra seating and electrical outlets. Kitchen opens to the dining room with easy access to the backyard. Huge walk-in pantry. Half bath conveniently located downstairs between living room and kitchen/dining area. Upstairs master with large master bath, garden tub, walk-in shower and plenty of storage. Two more bedrooms overlooking the pool, tub/shower bathroom, large linen closet and oversized laundry room. Close to mailbox, pool and has plenty of parking. There is nothing small about this home. AMAZING location, near Turnpike, US1, Old Cutler Hwy, Black Point Marina and great schools.

Last Agent to Sell the Property

Kimberly Konsky

The Keyes Company License #3484675 Listed on: 02/22/2022

The Keyes Company

Last Buyer's Agent

Lisandra Valdes

Virago Realty Group, LLC. License #3457079

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,517

Year Built

  • Built in 2005

Lot Details

  • 1,787 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 3002

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,812 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Kitchen and Dining Room
  • Storage Room
  • Tile Flooring
  • Pool Views
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Roman Tub
  • Separate Shower in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Fence Around Pool
  • Pool Equipment Stays

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Gulfstream Elementary School
  • Centennial Middle School
  • Corla Reef High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

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

Community Details

Overview

  • Club Membership Required
  • Lakes By The Bay Jay Subdivision

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,517

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: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: LAKES BY THE BAY JAY
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Cooking Island, Pantry, Pull Down Stairs, Roman Tub, Walk-In Closet(s), Storage
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1812
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Master Bedroom Upstairs, Master Bath Tub
  • Dining Room Features: Eat-In Kitchen, Kitchen Dining
  • Living Room Features: Storage Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Features: In Ground, Fenced, Concrete, Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKES BY THE BAY JAY
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Clubhouse, Pool, Gated Community
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Gulfstream
  • High School: Corla Reef
  • Middle Or Junior School: Centennial

Lot Info

  • Parcel Number: 36-60-16-014-1710
  • Lot Size Sq Ft: 1787
  • Zoning: 3002
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6517

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
$463,479

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

Closed on
Jul 15, 2015
Sold by
Fannie Mae
Bought by
Ramirez Lilian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
04/07/2022 04/07/22 Sold $407,000 +5.7% $225 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $385,000 -- $212 / 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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11155233

MIAMI REALTORS® MLS

APN: 36-6016-014-1710