NOT LISTED FOR SALE

8990 SW 157th St Palmetto Bay, FL 33157

Estimated Value: $609,000 - $731,000

2 Beds
2 Baths
1,344 Sq Ft
$481/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $590,000 $439 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,108/month

93 Days on Market

Highlights

  • Garden View
  • No HOA
  • Breakfast Area or Nook
  • Coral Reef Elementary School Rated A
  • Den
  • Circular Driveway

About This Home

As of March 2023

This Palmetto Bay home was remodeled and given the respect it deserves. The property hosts 2 beds, 2 baths + DEN that can easily be used as an office, additional room, or nursery. The curb appeal stands out with stained wood planks, black fixtures and minimalistic garden. Contemporary design in bathrooms feature brushed gold, matte black finishes, beautiful porcelain tile, hand held as well as rain showers, niches/cubbies for necessary shower utilities, back-lit vanity mirror. Lighting was updated with Stylish fixtures and LED recess lighting. Freshly painted in and out, Premium waterproof vinyl flooring throughout. Comfortable and stylish updated kitchen with SS appliances and quartz counter tops, ample space to entertain and large lot with room for a pool!

Last Agent to Sell the Property

Gustavo Pacheco

EXP Realty LLC License #3187382 Listed on: 12/06/2022

EXP Realty LLC

Last Buyer's Agent

Gustavo Moreira

EXP Realty South LLC License #3301753

EXP Realty South LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,330

Year Built

  • Built in 1952

Lot Details

  • 8,360 Sq Ft Lot
  • Northwest Facing Home
  • Property is zoned 0100

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Den
  • Garden Views
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Circular Driveway
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Coral Reef Elementary School
  • Southwood Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Coral Reef Homesites Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-28-001-0520

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,330

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • 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, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl
  • Furnished: Unfurnished
  • Living Area: 1344
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Kitchen Dining
  • Living Room Features: Den/Library/Office

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Coral Reef
  • High School: Miami Palmetto
  • Middle Or Junior School: Southwood

Lot Info

  • Parcel Number: 33-50-28-001-0520
  • Lot Size Sq Ft: 8360
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Mar 24, 2023
Sold by
Ag Custom Homes Corp
Bought by
Martinez Natalie and Martinez Sebastian
Seller's Agent
Gustavo Pacheco
EXP Realty LLC
Buyer's Agent
Gustavo Moreira
EXP Realty South LLC
List Price
$635,000
Sold Price
$590,000
Premium/Discount to List
-$45,000
-7.09%
Views
104
Current Estimated Value
$646,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,920
Avg. Annual Appreciation
3.56%
Original Mortgage
$560,500
Outstanding Balance
$542,872
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$104,048

Purchase Details

Closed on
Jul 11, 2022
Sold by
Hilda Alvarez
Bought by
Ag Custom Homes Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
5.09%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 16, 2015
Sold by
Perez Gladys
Bought by
Perez Albert and Anis Miriam
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
Martinez Natalie $590,000 Title Answers
Ag Custom Homes Corp $375,000 Title Answers
Perez Albert -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Natalie $560,500
Previous Owner Ag Custom Homes Corp $281,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2023 03/10/23 Sold $590,000 -1.5% $439 / Sq Ft
01/02/2023 01/02/23 Price Changed $599,000 -5.7% $446 / Sq Ft
12/06/2022 12/06/22 For Sale $635,000 -- $472 / 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 $8,666 $448,130 $284,240 $163,890
2024 $7,736 $498,792 $333,060 $165,732
2023 $7,736 $410,939 $277,550 $133,389
2022 $6,330 $332,915 $206,180 $126,735
2021 $1,010 $95,458 $0 $0
2020 $1,006 $94,141 $0 $0
2019 $992 $92,025 $0 $0
2018 $931 $90,310 $0 $0
2017 $935 $88,453 $0 $0
2016 $918 $86,634 $0 $0
2015 $931 $86,032 $0 $0
2014 $948 $85,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11309262

MIAMI REALTORS® MLS

APN: 33-5028-001-0520