NOT LISTED FOR SALE

8905 SW 159th Terrace Palmetto Bay, FL 33157

Estimated Value: $1,581,000 - $2,024,000

5 Beds
3 Baths
4,842 Sq Ft
$358/Sq Ft Est. Value

About This Home

This home is located at 8905 SW 159th Terrace, Palmetto Bay, FL 33157 and is currently estimated at $1,733,670, approximately $358 per square foot. 8905 SW 159th Terrace 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
May 6, 2024
Sold by
Century Home Builders Group Ll
Bought by
Ortiz Michael and Ortiz Anabel
Current Estimated Value
$1,733,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,393,146
Outstanding Balance
$1,373,274
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$360,396
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
Ortiz Michael $1,548,000 Title Services Of Dade County
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Michael $1,393,146
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 $6,246 $1,263,470 $289,816 $973,654
2024 $4,906 $308,462 -- --
2023 $4,906 $280,420 $280,420 --
Source: Public Records

Map

Florida Miami/Dade County Palmetto Bay 33157

8905 SW 159th Terrace, Palmetto Bay, FL

This home is located at 8905 SW 159th Terrace, Palmetto Bay, FL 33157 and is currently estimated at $1,733,670, approximately $358 per square foot. 8905 SW 159th Terrace 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.

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