See Home Value
$4,256,253*
House - Off Market

13940 Old Cutler Rd

Palmetto Bay, FL 33158
bedrooms
5 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
9692 Sqft
$3,150,000 - $3,850,000
Reference Base Price*
21.61%
Since May 1, 2021
National-US
Primary Model
Sold Sep 30, 2021
$3,350,000
$2,512,500 by Athas Capital Group Inc
Mortgage Due Oct 01, 2051
Sold Mar 11, 2019
$2,750,000
$1,850,000 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2049

About This Property

2019 Bali Style New Construction home located on Old Cutler Road & near Pinecrest. This exquisite one-story estate welcomes you w/a spectacular open flr plan, featuring 20-ft volume ceilings, large living rm, family rm, formal dining rm, & wine tasting rm w/gorgeous wet bar & glass wine gallery. Stunning chefs' kit w/vaulted ceilings, top-of-the-line appl, walk-in pantry, butler's pantry & breakfast area. Discover elegant high-end finishes throughout incl marble flrs, wd accents & smart home integration. Master Ste offers panoramic glass hallway, sitting area, walk-in closet, spa bath & outdr shower. Find an outdr oasis w/covered terr, summer kit & resort style pool w/tanning ledge. Add'l Features: gated, Study/Den, gas fireplace, 2 laundry rms, detached gym, & 2 car gar w/space for lifts.

The manager has listed the unit size as 9692 square feet.
Unit Size
9,692Ft²
Days on Market
-
Land Size
0.89 acres
Price per sqft
$361
Property Type
House
Property Taxes
$3,044
HOA Dues
-
Year Built
2019

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold to Ines Sainz Gallo $3,350,000
Sold to Ines Sainz Gallo
Apr 8, 2021 No longer available -
No longer available
Feb 10, 2021 Listed $3,500,000
Listed
Mar 11, 2019 Sold to Anika Nicole Mckelvey, Stua... $2,750,000
Sold to Anika Nicole Mckelvey, Stua...
Jan 24, 2019 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 38,768
  • Total Building Area: 9,692
  • Gross Building Area: 9,692
  • Building Area: 7,247
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 7,247
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FARMERS ACRES
  • Land Acres: 0.89
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 23 55 40 .89 AC FARMERS ACRES PB 50-65 LOT 2 BLK 3 OR 18323-3002 1098 4 F/A/U 30-5023-002-0200

Ownership

  • Current Owner : GALLO INES SAINZ
  • Previous Owner : MCKELVEY STUART JOHN
  • Previous Owner 2: MCKELVEY ANIKA NICOLE
  • Owner Before Previous Owner: RODRIGUEZ SANCHEZ AIDA N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: PALMETTO BAY
  • Census Tract: 008205

Zoning

  • Zoning: 2300

Geography

  • Assessors Map Reference: 306
  • District: 33
  • Parcel: 33-5023-002-0200
  • Block: 3
  • Lot: 2
  • Meridian: SEC 23 TWN 55S RNG 40E
  • Municipality: PALMETTO BAY
  • Latitude: 25.6412
  • Longitude: -80.3067

    Address

  • Full Address: 13940 Old Cutler Rd
  • Address - House Number: 13940
  • Address - Street Name: Old Cutler
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palmetto Bay
  • Carrier Code: C041
  • 4-Digit Zip Code: 1341
  • Zip Code: 33158

Valuation

    Tax

  • Total Area: 8,718
  • Tax Year: 2023
  • Tax Amount: $61,078
  • Tax Rate Code Area: 3300

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 5,236,146
  • High Value: 6,167,325
  • Low Value: 4,304,967

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,512,500
  • First Open Lien Mortgage Lender: ATHAS CAPITAL GROUP INC
  • First Open Lien Mortgage Recording Date: Sep 30, 2021
  • First Open Lien Mortgage Loan Amount: $2,512,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $3,459,876
  • Market Land Value: $775,360
  • Market Improvement Value: $2,684,516

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,459,876
  • Assessed Land Value: $775,360
  • Assessed Improvements Value: $2,684,516

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Transaction ID: 11859636642
  • Current Sale Price: $3,350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0726360
  • Previous Sale Recording Date: Mar 11, 2019
  • Previous Sale Contract Date: Mar 05, 2019
  • Previous Sale Amount: $2,750,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATHAS CAPITAL GROUP INC
  • First Mortgage Transaction Date: Sep 30, 2021
  • First Mortgage Loan Amount: $2,512,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Mar 11, 2019
  • Previous Mortgage Loan Amount: $1,850,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4.5 Baths
5,120 ft²
$585/ft²
$2,995,000 Nov 29, 2022
-
$1,013/mo
House
5 Beds
6.5 Baths
5,418 ft²
$600/ft²
$3,250,000 Jul 1, 2022
-
$1,907/mo
House
4 Beds
4 Baths
4,127 ft²
$727/ft²
$2,999,000 Sep 8, 2022
-
$1,063/mo
House
6 Beds
5 Baths
4,627 ft²
$864/ft²
$3,999,000 Mar 11, 2023
-
$2,059/mo
House
4 Beds
4 Baths
3,049 ft²
$951/ft²
$2,900,000 May 1, 2022
-
$675/mo
House
8 Beds
10 Baths
8,415 ft²
$333/ft²
$2,800,000 Apr 2, 2018
-
-

About Palmetto Bay


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Frequently Asked Questions

When was property at 13940 Old Cutler Road built and last sold?
The property at 13940 Old Cutler Road was built in 2019 and last sold on Sep 17, 2021 for $3,350,000.
How much is this home worth?
The estimated value of the home located at 13940 Old Cutler Road is $3,527,653.
What are some comparable homes to 13940 Old Cutler Road?
There are currently no comparable homes to 13940 Old Cutler Road.

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