NOT LISTED FOR SALE

8978 SW 224th Terrace Cutler Bay, FL 33190

Estimated Value: $420,000 - $459,000

3 Beds
2.5 Baths
1,526 Sq Ft
$286/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $413,000 $271 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,050/month

166 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Community Pool
  • Newly Remodeled
  • Clubhouse
  • Tennis Courts

About This Home

As of April 2023

Welcome to this beautiful three bedroom, two and one-half bathroom townhome in excellent condition in desirable Lakes by the Bay Gee gated community. Enjoy a tiled open floor plan downstairs and large bedrooms on the second floor with wood floors. King-sized master bedroom features a large walk-in closet, double vanity, large roman soaking tub and shower stall in master bath. Recently remodeled Kitchen. Great back fenced backyard patio, a second floor laundry, stainless steel appliances, Ring doorbell system, Google Nest security cameras, a one-car garage and a two car driveway. Isles at Bayshore offers a beautiful neighborhood accommodated with 24/7 security, a gated entry, a resort-style pool, hot tub, children's pool, playground, walking path and fitness center. Low HOA fees!

Last Agent to Sell the Property

Arturo Pino

Coldwell Banker Realty License #3445807 Listed on: 10/18/2022

Coldwell Banker Realty

Last Buyer's Agent

Jesus Delgado

Florida Realty of Miami Corp License #3151950

Florida Realty of Miami Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,356

Year Built

  • Built in 2007 | Newly Remodeled

Lot Details

  • 1,832 Sq Ft Lot
  • North Facing Home
  • Property is zoned 3002

HOA Fees

  • $68 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 1 Attached Carport Space
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 1,526 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Family Room
  • Formal Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Leased
  • Complete Panel Shutters or Awnings
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 36-60-16-016-2260

Community Details

Overview

  • Lakes By The Bay Gee Subdivision

Amenities

  • Clubhouse
  • Game Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,356

Year Built

Built in 2007 | Newly Remodeled

Lot Details

0

HOA Fees

$68 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Carport Y N: Yes
  • Directions: Driving Directions: From the Turnpike and Sw 216th St, go east. Turn right onto Sw 93rd Path (go thru gate). Follow around the curve (becomes Sw 88th Place). Turn left onto Sw 225th St. Right on Sw 88th Path. Turn left on Sw 224 Terr.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: LAKES BY THE BAY GEE
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Pantry, Walk-In Closet(s), Family Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1526
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Complete Panel Shutters/Awnings, Blinds
  • Bedroom Features: Primary Bedroom Upstairs, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Eat-In Kitchen, Formal Dining, Snack Bar/Counter
  • Living Room Features: Family Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: None
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: LAKES BY THE BAY GEE
  • Carport Spaces: 1
  • Covered Parking Spaces: 4
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, Driveway, Limited # Of Vehicle

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Security System Leased, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 68
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Additional Amenities, Clubhouse, Pool, Tennis Court(s), Exercise Room, Game Room, Gated Community
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 36-60-16-016-2260
  • Lot Size Sq Ft: 1832
  • Zoning: 3002
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5356

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Mar 28, 2023
Sold by
Gonzalez Gonzalo
Bought by
Nicaragua Kathya Patricia
Seller's Agent
Arturo Pino
Coldwell Banker Realty
Buyer's Agent
Jesus Delgado
Florida Realty of Miami Corp
List Price
$449,900
Sold Price
$413,000
Premium/Discount to List
-$36,900
-8.2%
Views
74
Current Estimated Value
$437,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,109
Avg. Annual Appreciation
2.22%
Original Mortgage
$389,500
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2021
Closed on
May 7, 2021
Sold by
Igartua Luz and Rodriguez Jaime
Bought by
Gonzalez Gonzalo
Seller's Agent
Osmel Liriano
Dalton Wade Inc
Buyer's Agent
Arturo Pino
Coldwell Banker Realty
List Price
$280,000
Sold Price
$305,000
Premium/Discount to List
$25,000
8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.20%
Original Mortgage
$213,500
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2016
Closed on
Jul 8, 2016
Sold by
Fernandez Erik and Fernandez Dafenie
Bought by
Igartua Luz O and Rodriguez Jaime
Seller's Agent
Michel Ebra
Florida Realty of Miami Corp
Buyer's Agent
Michel Ebra
Florida Realty of Miami Corp
List Price
$220,000
Sold Price
$213,000
Premium/Discount to List
-$7,000
-3.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$209,142
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 2007
Sold by
Lennar Homes Llc
Bought by
Fernandez Erik and Fernandez Dafenie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,750
Interest Rate
6.29%
Mortgage Type
Unknown
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
Nicaragua Kathya Patricia $413,000 Nu World Title
Gonzalez Gonzalo $305,000 Attorney
Igartua Luz O $213,000 Sophias Title Services Llc
Fernandez Erik $220,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicaragua Kathya Patricia $389,500
Previous Owner Gonzalez Gonzalo $213,500
Previous Owner Igartua Luz O $209,142
Previous Owner Fernandez Erik $197,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2023 04/03/23 Sold $413,000 -5.1% $271 / Sq Ft
01/19/2023 01/19/23 Price Changed $435,000 -0.9% $285 / Sq Ft
12/05/2022 12/05/22 Price Changed $438,900 -2.4% $288 / Sq Ft
10/18/2022 10/18/22 For Sale $449,900 +47.5% $295 / Sq Ft
05/07/2021 05/07/21 Sold $305,000 +8.9% $200 / Sq Ft View Prior Sale
03/29/2021 03/29/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $280,000 +31.5% $183 / Sq Ft
07/08/2016 07/08/16 Sold $213,000 -3.2% $140 / Sq Ft View Prior Sale
05/02/2016 05/02/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $220,000 0.0% $144 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $220,000 -- $144 / 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 $8,327 $352,947 -- --
2024 $8,166 $343,000 -- --
2023 $8,166 $288,750 $0 $0
2022 $7,390 $262,500 $0 $0
2021 $5,356 $187,567 $0 $0
2020 $5,290 $184,978 $0 $0
2019 $5,196 $180,820 $0 $0
2018 $5,048 $177,449 $0 $0
2017 $5,103 $173,800 $0 $0
2016 $5,389 $151,481 $0 $0
2015 $5,183 $137,710 $0 $0
2014 $4,919 $125,191 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11290537

MIAMI REALTORS® MLS

APN: 36-6016-016-2260