NOT LISTED FOR SALE

8975 SW 157th St Palmetto Bay, FL 33157

Estimated Value: $562,284 - $622,000

3 Beds
1 Bath
950 Sq Ft
$620/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $515,000 $542 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,169/month

122 Days on Market

Highlights

  • Room in yard for a pool
  • Garden View
  • Patio
  • Coral Reef Elementary School Rated A
  • No HOA
  • Shed

About This Home

As of March 2023

Charming 3/1 home centrally located within the highly desirable community of Palmetto Bay. FABULOUS OPPORTUNITY – No HOA, No Restrictions! Home features porcelain tile flooring throughout, maple wood kitchen cabinetry, central a/c, marble outdoor patio, hurricane shutters, roof replaced 2016, fully fenced backyard with plenty of room for home expansion. Shed w/ electric, used for storage or office. Spacious lot with room for pool, boat or RV. Close to US1, shopping, restaurants, hospitals, and more. Great school district. Tenant occupied (month-to-month).

Last Agent to Sell the Property

Barbara Schlag Berg

Coldwell Banker Realty License #3353927 Listed on: 11/04/2022

Coldwell Banker Realty

Last Buyer's Agent

Julian Fernandez

Compass Florida, LLC. License #3330934

Compass Florida, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,310

Year Built

  • Built in 1956

Lot Details

  • 7,260 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Shingle Roof

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Awning
  • Tile Flooring
  • Garden Views
  • Fire Sprinkler System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Coral Reef Homesites Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-28-001-0120

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,310

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CORAL REEF HOMESITES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Fire Sprinklers, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 950
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Lighting, Room For Pool
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed, Shed(s)
  • Patio And Porch Features: Awning(s), Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL REEF HOMESITES
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-28-001-0120
  • Lot Size Sq Ft: 7260
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Mar 6, 2023
Sold by
Kurzweil Adam B
Bought by
Edens Michael William and Couto Ana Maria
Seller's Agent
Barbara Schlag Berg
Coldwell Banker Realty
Buyer's Agent
Julian Fernandez
Compass Florida, LLC
List Price
$500,000
Sold Price
$515,000
Premium/Discount to List
$15,000
3%
Views
35
Current Estimated Value
$612,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,055
Avg. Annual Appreciation
5.68%
Original Mortgage
$505,672
Outstanding Balance
$490,932
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$98,389

Purchase Details

Closed on
Jan 29, 2021
Sold by
Smith Gordon Anthony
Bought by
Kurzweil Adam B and Kurzweil Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
2.67%
Mortgage Type
New Conventional
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
Edens Michael William $515,000 Clear Title
Kurzweil Adam B $205,000 A & A Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edens Michael William $505,672
Previous Owner Kurzweil Adam B $153,750
Previous Owner Smith Gordon Anthony $61,000
Previous Owner Smith Gordon Anthony $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $515,000 +7.3% $542 / Sq Ft
01/11/2023 01/11/23 Price Changed $480,000 -4.0% $505 / Sq Ft
11/04/2022 11/04/22 For Sale $500,000 -- $526 / 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 $9,818 $347,583 $246,840 $100,743
2024 $6,165 $406,398 $304,920 $101,478
2023 $6,165 $304,702 $0 $0
2022 $5,352 $277,002 $188,760 $88,242
2021 $4,310 $202,109 $0 $0
2020 $3,785 $183,736 $116,160 $67,576
2019 $3,666 $177,030 $108,900 $68,130
2018 $3,545 $177,584 $108,900 $68,684
2017 $3,411 $158,083 $0 $0
2016 $3,143 $143,712 $0 $0
2015 $2,949 $130,648 $0 $0
2014 $2,786 $118,771 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barbara Schlag Berg

    Seller's Agent in 2023

    Barbara Schlag Berg

    Coldwell Banker Realty

    (305) 528-1312

    2 in this area

    4 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Julian Fernandez

    Compass Florida, LLC.

    (305) 812-7131

    1 in this area

    59 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11298540

MIAMI REALTORS® MLS

APN: 33-5028-001-0120

Florida Miami/Dade County Palmetto Bay 33157

8975 SW 157th St, Palmetto Bay, FL

This home is located at 8975 SW 157th St, Palmetto Bay, FL 33157 since 04 November 2022 and is currently estimated at $589,321, approximately $620 per square foot. This property was built in 1956. 8975 SW 157th 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.

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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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