NOT LISTED FOR SALE

8909 SW 225th Terrace Cutler Bay, FL 33190

Estimated Value: $413,000 - $434,000

3 Beds
2.5 Baths
1,416 Sq Ft
$299/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $247,000 $174 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,897/month

42 Days on Market

Highlights

  • Newly Remodeled
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • Clubhouse
  • Ceramic Tile Flooring

About This Home

As of January 2019

Must see this Beautiful Townhouse, located in Cutler Bay - Isles at Bayshore -The Cove Community inside 3/2.5 Tile through out with wood stairs. Granite back splash and counter top Kitchen. Has Accordion Shutters, & Gutters, all fenced in for your comfort . High 9 feet Ceiling. Freshly painted. Bring your clients before it too late and it's gone!!

Last Agent to Sell the Property

Yvonne Arenas

Team Choice Realty, LLC License #3262990 Listed on: 11/09/2018

Last Buyer's Agent

Rodolfo Renwick

Wealthy Realty, LLC License #3298936

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,777

Year Built

  • Built in 2006 | Newly Remodeled

Lot Details

  • 1,830

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,416 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 36-60-16-016-1390

Community Details

Overview

  • Lakes By The Bay Condos
  • Lakes By The Bay Gee Subdivision

Amenities

  • Clubhouse

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,777

Year Built

Built in 2006 | Newly Remodeled

Lot Details

0

HOA Fees

$75 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Townhouse
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: LAKES BY THE BAY GEE
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Water Heater, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1416
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Entry Level, Primary Bedroom Upstairs

Exterior Features

  • View: None
  • Exterior Features: Other
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Lakes By The Bay
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 75
  • Amenities: Clubhouse-Clubroom
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 36-60-16-016-1390
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5777

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Jan 31, 2019
Sold by
Cabrera Guillermo Sardina and Loaces Dayami Laza
Bought by
Zambrano Richard Alexis Sayago
Seller's Agent
Yvonne Arenas
Team Choice Realty, LLC
Buyer's Agent
Rodolfo Renwick
Wealthy Realty, LLC
List Price
$250,000
Sold Price
$247,000
Premium/Discount to List
-$3,000
-1.2%
Current Estimated Value
$423,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,368
Avg. Annual Appreciation
8.31%
Original Mortgage
$242,526
Outstanding Balance
$213,224
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$210,144

Purchase Details

Closed on
Oct 27, 2006
Sold by
Lennar Homes Inc
Bought by
Cabrera Guillermo Sardina and Loaces Dayami Laza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,200
Interest Rate
7.19%
Mortgage Type
Balloon
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
Zambrano Richard Alexis Sayago $247,000 Attorney
Cabrera Guillermo Sardina $276,600 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zambrano Richard Alexis Sayago $242,526
Previous Owner Cabrera Guillermo Sardina $221,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $247,000 0.0% $174 / Sq Ft
12/20/2018 12/20/18 Pending -- -- --
12/13/2018 12/13/18 Price Changed $247,000 -1.2% $174 / Sq Ft
11/21/2018 11/21/18 Price Changed $249,900 0.0% $176 / Sq Ft
11/08/2018 11/08/18 For Sale $250,000 -- $177 / 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 $7,227 $232,753 -- --
2024 $6,915 $226,194 -- --
2023 $6,915 $219,606 $0 $0
2022 $6,748 $213,210 $0 $0
2021 $6,702 $207,000 $0 $0
2020 $7,233 $196,900 $0 $0
2019 $5,903 $179,000 $0 $0
2018 $5,804 $179,000 $0 $0
2017 $5,777 $170,500 $0 $0
2016 $5,406 $155,000 $0 $0
2015 $3,732 $102,556 $0 $0
2014 -- $101,743 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10568883

MIAMI REALTORS® MLS

APN: 36-6016-016-1390