NOT LISTED FOR SALE

8902 SW 148th St Palmetto Bay, FL 33176

Estimated Value: $916,915 - $1,085,000

6 Beds
4 Baths
2,880 Sq Ft
$346/Sq Ft Est. Value

About This Home

This home is located at 8902 SW 148th St, Palmetto Bay, FL 33176 and is currently estimated at $995,479, approximately $345 per square foot. 8902 SW 148th St is a home located in Miami-Dade County with nearby schools including Coral Reef Elementary School, Southwood Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2023
Sold by
Vasquez Paula Andrea Mesa
Bought by
Velasquez Farid Andres
Current Estimated Value
$995,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,500
Outstanding Balance
$554,736
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$440,743

Purchase Details

Closed on
Jul 10, 2023
Sold by
Velasquez Juan C
Bought by
Vasquez Paula Andrea Mesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,500
Outstanding Balance
$554,736
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$440,743

Purchase Details

Closed on
Nov 16, 2004
Sold by
Chandy Joseph and Chandy Valsamma
Bought by
Velasquez Farid A and Velasquez Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 24, 1996
Sold by
Andy and Chan Seen Che
Bought by
Chandy Joseph and Chandy Valsamma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.28%
Mortgage Type
Balloon

Purchase Details

Closed on
May 27, 1994
Sold by
Carpenter H Noel and Carpenter Suzanne E
Bought by
Chan Andy and Chan Seen Che
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Velasquez Farid Andres -- Title365
Vasquez Paula Andrea Mesa -- Escrow Title Services
Velasquez Farid A $399,900 --
Chandy Joseph $170,000 --
Chan Andy $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Farid Andres $568,500
Previous Owner Velasquez Farid A $319,920
Previous Owner Chandy Joseph $188,000
Previous Owner Chandy Joseph $150,000
Closed Velasquez Farid A $79,980
Source: Public Records

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 $9,724 $531,687 -- --
2024 $8,411 $515,677 -- --
2023 $8,411 $438,409 $0 $0
2022 $7,764 $410,339 $0 $0
2021 $7,299 $384,478 $0 $0
2020 $6,843 $363,389 $0 $0
2019 $6,798 $360,968 $0 $0
2018 $6,264 $340,194 $114,649 $225,545
2017 $6,718 $320,005 $0 $0
2016 $6,464 $302,504 $0 $0
2015 $6,643 $304,255 $0 $0
2014 $6,465 $288,086 $0 $0
Source: Public Records

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