NOT LISTED FOR SALE

8591 SW 140th Terrace Palmetto Bay, FL 33158

Palmetto Bay Area

Estimated Value: $1,363,000 - $1,747,000

5 Beds
4 Baths
3,637 Sq Ft
$446/Sq Ft Est. Value

Sale Details

Date Sold: October 28, 2021

Last sale price $1,100,000 $302 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $10,419 / mo

3 Days on Market

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Atrium Room
  • Howard Drive Elementary School Rated A-
  • Home fronts a canal
  • Deck

About This Home

As of October 2021

Enjoy this stunning home on a quiet cul-de-sac in Palmetto Bay!. Brand new tile roof and impact windows. Beautiful high ceiling, 5 large bedrooms, and 4 bathrooms, one of them with access to the pool area. This house offers the ideal layout, formal dinner, comfortable living areas, open kitchen, oversize master bedroom surrounded by a view of the pool. Great screened pool area with lush landscaping and a salt/water pool. New and upgraded electrical panel. 2 car garage.

Last Agent to Sell the Property

Ritmary Bello

Brokernation Real Estate Doral License #3242418 Listed on: 09/06/2021

Brokernation Real Estate Doral

Last Buyer's Agent

Evan Goldman

RE/MAX Advance Realty II License #3122806

RE/MAX Advance Realty II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,572

Year Built

  • Built in 1986

Lot Details

  • 15,159 Sq Ft Lot
  • Home fronts a canal
  • Cul-De-Sac
  • South Facing Home
  • Fenced
  • Property is zoned 2100

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Canal
  • Pool

Home Design

  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,637 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Atrium Room
  • Complete Impact Glass

Kitchen

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

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Location

  • East of U.S. Route 1

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Banyan Cove Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-22-053-0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,572

Year Built

Built in 1986

Lot Details

0.35 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BANYAN COVE ESTATES
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Atrium, Family Room, Utility Room/Laundry
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 3637
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Complete Impact Glass
  • Bedroom Features: Entry Level, Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room, Formal Dining
  • Living Room Features: Atrium, Family Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Flat Roof With Facade Front
  • View: Canal, Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Cul-De-Sac, East Of US 1
  • Patio And Porch Features: Deck, Patio
  • Pool Features: In Ground, Screen Enclosure
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BANYAN COVE ESTATES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-22-053-0050
  • Lot Size Sq Ft: 15159
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8572

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Oct 22, 2021
Sold by
Bought by
Seller's Agent
Ritmary Bello
Brokernation Real Estate Doral
Buyer's Agent
Evan Goldman
RE/MAX Advance Realty II
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,621,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,030
Avg. Annual Appreciation
8.52%
Original Mortgage
$825,000
Outstanding Balance
$738,497
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$882,533

Purchase Details

Listed on
Sep 11, 2018
Closed on
Oct 31, 2019
Sold by
Bought by
Seller's Agent
Luis Ricardo Fernandez
BHHS EWM Realty
Buyer's Agent
Ritmary Bello
Brokernation Real Estate Doral
List Price
$795,000
Sold Price
$699,999
Premium/Discount to List
-$95,001
-11.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.50%
Original Mortgage
$594,999
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,100,000 Attorney
$700,000 Excellence Title Agency Inc
-- Attorney
$300,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $825,000
Previous Owner $594,999
Previous Owner $295,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2021 10/28/21 Sold $1,100,000 0.0% $302 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
09/06/2021 09/06/21 For Sale $1,100,000 +57.1% $302 / Sq Ft
10/31/2019 10/31/19 Sold $699,999 0.0% $192 / Sq Ft View Prior Sale
06/20/2019 06/20/19 Price Changed $699,999 -8.4% $192 / Sq Ft
11/30/2018 11/30/18 Price Changed $764,000 -3.9% $210 / Sq Ft
08/31/2017 08/31/17 For Sale $795,000 0.0% $219 / Sq Ft
01/15/2017 01/15/17 Rented $4,000 -11.1% --
12/05/2016 12/05/16 Under Contract -- -- --
09/12/2016 09/12/16 For Rent $4,500 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $19,047 $1,127,492
2024 $18,451 $1,095,717
2023 $18,451 $1,063,803 $0 $0
2022 $17,858 $1,032,819 $316,670 $716,149
2021 $8,743 $497,185 $0 $0
2020 $8,572 $490,321 $0 $0
2019 $10,938 $581,500 $226,192 $355,308
2018 $11,037 $601,601 $226,192 $375,409
2017 $10,973 $586,700 $0 $0
2016 $10,714 $561,680 $0 $0
2015 $7,151 $397,333 $0 $0
2014 $7,237 $394,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ritmary Bello

    Seller's Agent in 2021

    Ritmary Bello

    Brokernation Real Estate Doral

    (786) 543-3141

    16 Total Sales

    Ritmary Bello
    Section Image
  • Evan Goldman

    Buyer's Agent in 2021

    Evan Goldman

    RE/MAX

    (305) 665-7383

    106 Total Sales

    Evan Goldman
    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Demi Ruiz

    Compass Florida, LLC

    (305) 662-7325

    56 Total Sales

    Demi Ruiz
    Section Image
  • Emily Gamber

    Buyer's Agent in 2017

    Emily Gamber

    ZenQuest Realty Inc

    (954) 280-8996

    61 Total Sales

    Emily Gamber
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11093589

MIAMI REALTORS® MLS

APN: 33-5022-053-0050

Florida Miami/Dade County Palmetto Bay 33158

8591 SW 140th Terrace, Palmetto Bay, FL

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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