NOT LISTED FOR SALE

8946 SW 223rd Terrace Unit . Cutler Bay, FL 33190

Estimated Value: $453,000 - $461,912

3 Beds
2.5 Baths
-- Sq Ft
$159/mo HOA Fee

Last Sold May 05, 2016

Last sale price $215,000

Est. 113% increase in value since last sale

Current estimated payment $3,116/month

8 Days on Market

Highlights

  • Lake Front
  • Private Guards
  • Vaulted Ceiling
  • Fitness Center
  • Clubhouse
  • Community Pool

About This Home

As of May 2016

Lovely Lake by the Bay waterfront townhome. Corner unit with unobstructed view of the lake. Updated interior w/ granite counters, ceramic tile floors 1st and 2nd, upgraded carpet bedrooms. Views of the lake from every room. Fenced patio, outside flower garden. High ceilings in living room, master bedroom. Lakes by the Bay is an upscale community in Cutler Bay, near shopping, schools, entertainment, and more.

Last Agent to Sell the Property

Robert Galivan

Onyx Realty License #3048078 Listed on: 03/02/2016

Onyx Realty

Co-Listed By

Leo Santos

RE/MAX - City Centre Realty License #3034677

Last Buyer's Agent

Adriana Lozano

Equinox Real Estate Group Inc License #3312271

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,463

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • North Facing Home
  • Fenced

HOA Fees

  • $159 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Open Parking

Home Design

  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Single Hung Metal Windows
  • Combination Kitchen and Dining Room
  • Lake Views
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Separate Shower in Primary Bathroom

Home Security

  • Security System Owned
  • Security Fence, Lighting or Alarms

Additional Features

  • Patio
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36-60-16-014-0380

Community Details

Overview

  • 4 Units
  • Club Membership Required
  • Lakes By The Bay Condos
  • Lakes By The Bay Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Building Details

Security

  • Private Guards
  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,463

Year Built

Built in 2005

Lot Details

0

HOA Fees

$159 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Townhouse
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: ADVA02
  • Co List Office Phone: 305-444-7111
  • Directions: East entry to Lakes by the Bay, 2nd right to the end
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: Lakes By the Bay
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Interior Amenities: First Floor Entry, Volume Ceilings
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Hurricane Shutters, Single Hung Metal
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Kitchen Dining
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Lake
  • Exterior Features: East Of Us1
  • Construction Type: Stucco
  • Direction Faces: North
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Lakes by the Bay
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Covered, Open, No Rv/Boats, No Trucks/Trailers

Utilities

  • Water Source: Other
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Owned Burglar Alarm, Burglar Alarm, Private Guards, Security Patrol, Unit Alarm

Condo/Co-op/Association

  • Association Fee: 159
  • Amenities: Barbecue, Clubhouse-Clubroom, Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 36-60-16-014-0380
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 159
  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3463

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
May 5, 2016
Sold by
Franco George
Bought by
Lacorra Alexander and Medina Mary Ann
Seller's Agent
Robert Galivan
Onyx Realty
Buyer's Agent
Adriana Lozano
Equinox Real Estate Group Inc
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%
Current Estimated Value
$458,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,478
Avg. Annual Appreciation
8.48%
Original Mortgage
$203,250
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 2010
Sold by
Paniagua Elisse S
Bought by
Franco George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Jun 21, 2005
Sold by
Pride Homes Of Lakes By The Bay Parcel J
Bought by
Paniagua Elisse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,592
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Lacorra Alexander $215,000 Nu World Title Llc
Franco George -- Nuworld Title Company
Franco George $123,500 Key Title & Escrow Inc
Paniagua Elisse $237,000 Title Company Of America Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacorra Alexander $191,509
Closed Lacorra Alexander $203,250
Previous Owner Franco George $123,500
Previous Owner Paniagua Elisse $46,000
Previous Owner Paniagua Elisse $189,592
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2016 05/05/16 Sold $215,000 -2.2% --
03/11/2016 03/11/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $219,900 -- --
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 $5,753 $208,841 -- --
2024 $5,444 $202,956 -- --
2023 $5,444 $197,045 $0 $0
2022 $5,299 $191,306 $0 $0
2021 $5,253 $185,734 $0 $0
2020 $5,187 $183,170 $0 $0
2019 $5,094 $179,052 $0 $0
2018 $4,947 $175,714 $0 $0
2017 $5,003 $172,100 $0 $0
2016 $3,476 $99,172 $0 $0
2015 $3,463 $98,483 $0 $0
2014 -- $97,702 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Galivan

    Seller's Agent in 2016

    Robert Galivan

    Onyx Realty

    (305) 613-2431

    4 Total Sales

    Robert Galivan
    Section Image
  • Leo Santos

    Seller Co-Listing Agent in 2016

    Leo Santos

    RE/MAX

    (305) 776-3093

    1 in this area

    19 Total Sales

    Leo Santos
    Section Image

  • A

    Buyer's Agent in 2016

    Adriana Lozano

    Equinox Real Estate Group Inc

    (305) 235-2285

    3 Total Sales

    Adriana Lozano
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10043665

MIAMI REALTORS® MLS

APN: 36-6016-014-0380

Florida Miami/Dade County Cutler Bay 33190

8946 SW 223rd Terrace Unit ., Cutler Bay, FL

This home is located at 8946 SW 223rd Terrace Unit ., Cutler Bay, FL 33190 since 02 March 2016 and is currently estimated at $458,478. This property was built in 2005. 8946 SW 223rd Terrace Unit . 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.

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