NOT LISTED FOR SALE

8936 SW 221st Terrace Unit 8936 Cutler Bay, FL 33190

Estimated Value: $454,085 - $472,000

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

Last Sold September 14, 2021

Last sale price $345,000 $190 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,178/month

12 Days on Market

Highlights

  • Fitness Center
  • Marble Flooring
  • Community Pool
  • Clubhouse
  • Pool View
  • Bathtub

About This Home

As of September 2021

This completely renovated large 3 bedroom, 2.5 bathroom, townhouse is located in the highly desired Lakes By The Sea community. Its 1,812 sqft have been updated with an open kitchen layout with stainless-steel appliances, porcelain tiles and real wood floors throughout, updated bathrooms done this year - 2021. The large sliding glass doors fill the apartment with natural light, that lead to the large outdoor private backyard – perfect for entertaining. Lakes by the Sea is an excellent gated community with well maintained walking paths, gym, club house, and pool. Located in the heart of Cutler Bay, with easy access to main highways, schools, dining, and shopping!

Last Agent to Sell the Property

Alec Macias

Sea Grove Realty License #3371759 Listed on: 07/28/2021

Last Buyer's Agent

Frank Obregon

New Era Solutions, Inc. License #0644873

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,047

Year Built

  • Built in 2005

Lot Details

  • Privacy Fence
  • Fenced

HOA Fees

  • $112 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,812 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Pool Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Air Base Elementary School
  • Miami Southridge High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36-60-16-014-1820

Community Details

Overview

  • Lakes By The Bay Jay Condos
  • Lakes By The Bay Jay Subdivision

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Complex Is Fenced
  • Fire and Smoke Detector

Additional Features

  • Clubhouse
  • Maintenance Expense $120

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,047

Year Built

Built in 2005

Lot Details

0

HOA Fees

$112 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Townhouse
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Townhouse
  • Subdivision Name: LAKES BY THE BAY JAY
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Other, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 1812
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Entry Level, Master Bedroom Upstairs, Master Bath Shower, Master Bath Tub

Exterior Features

  • View: Other View, Pool Area View
  • Exterior Features: Other
  • Fencing: Fenced, Privacy
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKES BY THE BAY JAY
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces, Covered

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Complex Fenced, Other, Security Patrol

Condo/Co-op/Association

  • Association Fee: 112
  • Amenities: Clubhouse-Clubroom, Exercise Room, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Air Base
  • High School: Miami Southridge

Lot Info

  • Parcel Number: 36-60-16-014-1820
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 120

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Sep 14, 2021
Sold by
Lopez Carlos A
Bought by
Capote Breneleisis
Seller's Agent
Alec Macias
Sea Grove Realty
Buyer's Agent
Frank Obregon
New Era Solutions, Inc.
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Current Estimated Value
$463,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,021
Avg. Annual Appreciation
7.78%
Original Mortgage
$313,500
Outstanding Balance
$286,502
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$179,018

Purchase Details

Closed on
Sep 22, 2005
Sold by
Pride Homes Of Lakes By The Bay Parcel J
Bought by
Lopez Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,300
Interest Rate
1%
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
Capote Breneleisis $345,000 C&C Title Agency Inc
Lopez Carlos A $253,000 Title Company Of America Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capote Breneleisis $313,500
Previous Owner Lopez Carlos A $202,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $345,000 -1.4% $190 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $350,000 -- $193 / 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 $7,184 $291,200 -- --
2024 $6,841 $282,994 -- --
2023 $6,841 $274,752 $0 $0
2022 $6,654 $266,750 $0 $0
2021 $6,517 $213,500 $0 $0
2020 $6,272 $207,500 $0 $0
2019 $5,852 $180,500 $0 $0
2018 $5,752 $180,500 $0 $0
2017 $3,730 $101,254 $0 $0
2016 $3,568 $99,172 $0 $0
2015 $3,556 $98,483 $0 $0
2014 -- $97,702 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alec Macias

    Sea Grove Realty

    (305) 726-5818

    1 in this area

    22 Total Sales

    Alec Macias
    Section Image

  • F

    Buyer's Agent in 2021

    Frank Obregon

    New Era Solutions, Inc.

    (305) 710-7345

    2 in this area

    22 Total Sales

    Frank Obregon
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11077077

MIAMI REALTORS® MLS

APN: 36-6016-014-1820

Florida Miami/Dade County Cutler Bay 33190

8936 SW 221st Terrace Unit 8936, Cutler Bay, FL

This home is located at 8936 SW 221st Terrace Unit 8936, Cutler Bay, FL 33190 since 28 July 2021 and is currently estimated at $463,021, approximately $255 per square foot. This property was built in 2005. 8936 SW 221st Terrace Unit 8936 is a home located in Miami-Dade County with nearby schools including Dr. Edward L. Whigham Elementary School, Cutler Bay Middle, and Arthur And Polly Mays Conservatory Of The Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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