NOT LISTED FOR SALE

9117 SW 161st Terrace Palmetto Bay, FL 33157

Estimated Value: $748,473

3 Beds
2 Baths
1,502 Sq Ft
$498/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $639,000 $425 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,763/month

21 Days on Market

Highlights

  • Gated Community
  • Views
  • Ceramic Tile Flooring
  • Dr. Henry E. Perrine Academy Of The Arts Rated A-
  • Patio
  • 1-Story Property

About This Home

As of September 2022

Beautiful 3/2 single family home in a secured gated community in Palmetto Bay, East of US1. This home features high ceilings, lots of natural light, a remodeled kitchen with 1 year old stainless steel appliances and new washer and dryer. Master en suite features a large walk in closet, remodeled bathrooms with double sinks, separate vanity with storage and toilet closet. Master bedroom has plenty of natural light including a sliding door that steps out to your private paved patio. Low HOA and family oriented neighborhood. Brand new AC unit (2022) along with brand new water heater (2022).

Last Agent to Sell the Property

Theresa Espaillat

Real Estate Empire Group, Inc. License #3391653 Listed on: 07/13/2022

Real Estate Empire Group, Inc.

Last Buyer's Agent

Olayn Barbosa

Elite Ocean View Realty LLC License #3481899

Elite Ocean View Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,664

Year Built

  • Built in 1999

Lot Details

  • 5,002 Sq Ft Lot
  • Northwest Facing Home
  • Property is zoned 0102

HOA Fees

  • $103 Monthly HOA Fees

Parking

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

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,502 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 33-50-28-067-0520

Community Details

Overview

  • Karenero Falls Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,664

Year Built

Built in 1999

Lot Details

0

HOA Fees

$103 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: KARENERO FALLS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1502
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Entry Level
  • Living Room Features: Other

Exterior Features

  • Roof: Concrete
  • View: Other
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Lot Features: Other Lot Description
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: KARENERO FALLS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 310
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Gated Community
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 33-50-28-067-0520
  • Lot Size Sq Ft: 5002
  • Zoning: 0102
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4664

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Sep 7, 2022
Sold by
Guilherme Simoes
Bought by
Caicedo Lina Ximena and Caicedo Johnn William
Seller's Agent
Theresa Espaillat
Real Estate Empire Group, Inc.
Buyer's Agent
Olayn Barbosa
Elite Ocean View Realty LLC
List Price
$679,000
Sold Price
$639,000
Premium/Discount to List
-$40,000
-5.89%
Current Estimated Value
$748,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,473
Avg. Annual Appreciation
5.16%
Original Mortgage
$639,000
Outstanding Balance
$610,733
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$137,740

Purchase Details

Listed on
Oct 15, 2017
Closed on
Dec 12, 2018
Sold by
Jugo Juan J and Fernandez Rixia
Bought by
Simoes Guilherme
Seller's Agent
GLORIA NEVES
Power One Real Estate Services, Inc.
Buyer's Agent
Theresa Espaillat
Real Estate Empire Group, Inc.
List Price
$419,000
Sold Price
$365,000
Premium/Discount to List
-$54,000
-12.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.11%
Original Mortgage
$351,037
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2003
Sold by
Decamp Hall Joseph and Valdes Hall Maria
Bought by
Valdes Hall Maria

Purchase Details

Closed on
Feb 1, 2000
Sold by
Zingg Homes Lc
Bought by
Hall Joseph D and Valdes-Hall Maria
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
Caicedo Lina Ximena $639,000 Elite Title
Caicedo Lina Ximena $639,000 Elite Title
Simoes Guilherme $365,000 Attorney
Valdes Hall Maria -- --
Hall Joseph D $158,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caicedo Lina Ximena $639,000
Closed Caicedo Lina Ximena $639,000
Previous Owner Simoes Guilherme $351,037
Previous Owner Hall Joseph D $18,200
Previous Owner Hall Joseph D $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2022 09/09/22 Sold $639,000 -5.9% $425 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $679,000 0.0% $452 / Sq Ft
09/15/2021 09/15/21 Rented $3,200 0.0% --
08/27/2021 08/27/21 Under Contract -- -- --
08/24/2021 08/24/21 For Rent $3,200 +14.3% --
03/27/2019 03/27/19 Rented $2,800 0.0% --
03/15/2019 03/15/19 For Rent $2,800 0.0% --
03/06/2019 03/06/19 Under Contract -- -- --
02/18/2019 02/18/19 For Rent $2,800 0.0% --
02/14/2019 02/14/19 Under Contract -- -- --
01/31/2019 01/31/19 For Rent $2,800 0.0% --
12/12/2018 12/12/18 Sold $365,000 -4.6% $243 / Sq Ft View Prior Sale
09/24/2018 09/24/18 Pending -- -- --
09/11/2018 09/11/18 Price Changed $382,400 -2.7% $255 / Sq Ft
08/16/2018 08/16/18 Price Changed $393,000 -1.6% $262 / Sq Ft
05/14/2018 05/14/18 Price Changed $399,500 -2.3% $266 / Sq Ft
04/10/2018 04/10/18 Price Changed $409,000 -2.4% $272 / Sq Ft
10/01/2017 10/01/17 For Sale $419,000 -- $279 / 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 $8,908 $526,875 -- --
2024 $8,893 $512,027 $190,038 $321,989
2023 $8,893 $516,264 $190,038 $326,226
2022 $4,700 $279,070 $0 $0
2021 $4,664 $270,942 $100,020 $170,922
2020 $5,042 $253,101 $80,016 $173,085
2019 $5,596 $283,751 $80,016 $203,735
2018 $3,565 $216,212 $0 $0
2017 $3,556 $211,765 $0 $0
2016 $3,510 $207,410 $0 $0
2015 $3,565 $205,969 $0 $0
2014 $3,607 $204,335 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11233112

MIAMI REALTORS® MLS

APN: 33-5028-067-0520