NOT LISTED FOR SALE

8885 SW 183rd Terrace Palmetto Bay, FL 33157

Estimated Value: $910,641 - $1,061,000

4 Beds
2 Baths
2,467 Sq Ft
$399/Sq Ft Est. Value

Last Sold August 15, 2012

Last sale price $340,000 $138 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $6,126/month

58 Days on Market

Highlights

  • 16,750 Sq Ft lot
  • Marble Flooring
  • No HOA
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • Garden View
  • Formal Dining Room

About This Home

As of August 2012

Great family home in Village of Palmetto Bay. Open eat-in kitchen over looks large family room with access to extra large covered patio. Formal Living and Dining rooms with marble and wood floors. Large corner lot fenced and tropically landscaped for beau ty and privacy. Room for a pool and boat in the yard. 2 car garage.

Last Agent to Sell the Property

Drew Kern

BHHS EWM Realty License #0628522 Listed on: 04/17/2012

BHHS EWM Realty

Last Buyer's Agent

Frank Pulles

Coldwell Banker Realty License #0600226

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,236

Year Built

  • Built in 1973

Lot Details

  • 0.38 Acre Lot
  • South Facing Home
  • Fenced
  • Property is zoned 21/EST 1

Parking

  • 2 Car Attached Garage
  • Paver Block

Home Design

  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,467 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room
  • Formal Dining Room
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Perrine Elementary School
  • Southwood Middle School
  • Miami Palmetto High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bel Aire Sec 20 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-33-031-0590

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,236

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: PALMETTO BAY, EAST OF US1 TAKE 87 AVE, TO 183 TER, WEST TO HOME.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: BEL AIRE SEC 20
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Other, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 2467
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters, Other Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room

Exterior Features

  • Roof: Tar & Gravel Roof
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BEL AIRE SEC 20
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Perrine
  • High School: Miami Palmetto
  • Middle Or Junior School: Southwood

Lot Info

  • Parcel Number: 33-50-33-031-0590
  • Lot Size Sq Ft: 16750
  • Zoning: 21/EST 1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 4236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2012
Closed on
Aug 15, 2012
Sold by
Kline Jeffrey B and Maastricht Kline Susanne P
Bought by
Lugo Jesus R and Lugo Lourdes
Seller's Agent
Drew Kern
BHHS EWM Realty
Buyer's Agent
Frank Pulles
Coldwell Banker Realty
List Price
$340,000
Sold Price
$340,000
Current Estimated Value
$984,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,410
Avg. Annual Appreciation
8.42%
Original Mortgage
$347,310
Outstanding Balance
$240,728
Interest Rate
3.53%
Mortgage Type
VA
Estimated Equity
$734,736

Purchase Details

Closed on
Feb 8, 2002
Sold by
Gerald J Schramski M and Gerald Jean R
Bought by
Kline Ii Jeffrey B and Kline Susanne P
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
Lugo Jesus R $340,000 Deerwood Title & Trust
Kline Ii Jeffrey B $224,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugo Jesus R $347,310
Previous Owner Kline Ii Jeffrey B $40,000
Previous Owner Kline Jeffrey B $215,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2012 08/15/12 Sold $340,000 0.0% $138 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
04/17/2012 04/17/12 For Sale $340,000 -- $138 / 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 $9,146 $390,947 -- --
2024 $8,839 $379,930 -- --
2023 $8,839 $368,865 $0 $0
2022 $8,597 $358,122 $0 $0
2021 $8,574 $347,692 $0 $0
2020 $7,869 $310,168 $0 $0
2019 $7,748 $303,195 $0 $0
2018 $7,518 $297,542 $0 $0
2017 $7,587 $291,423 $0 $0
2016 $4,929 $285,429 $0 $0
2015 $5,013 $283,445 $0 $0
2014 $5,543 $256,581 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1630082

MIAMI REALTORS® MLS

APN: 33-5033-031-0590