See Home Value
$1,073,257*
House - Off Market

7435 SW 188th Ln

Cutler Bay, FL 33157
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3945 Sqft
$959,000 - $1,171,000
Reference Base Price*
0.78%
Since Jun 1, 2023
National-US
Primary Model
Sold Jun 16, 2023
$975,000
$780,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2053
Sold Mar 16, 2013
$430,000

About This Property

Gorgeous and immaculate kept "Milan Model," offers 5-bedrooms/4 bathrooms in the beautiful community of Cutler Cay. This Resort Style home offers vaulted ceilings, spectacular kitchen, SS appliances, wood cabinets, granite counter tops, large family room, living /dining room, marble floors, fenced in backyard, master bedroom balcony overlooking ample backyard, impact windows & doors, covered back porch, enough space for a pool. HOA includes 24-hour patrol, alarm, internet, front lawn maintenance. Clubhouse amenities pool, children's playground, tennis court, basketball courts, gym, sauna, lockers. This move-in ready home offers what all families desire-luxury, privacy, space, top rated schools and close proximity to shopping and restaurants. Owners Financing Available.

The manager has listed the unit size as 3945 square feet.
Unit Size
3,945Ft²
Days on Market
-
Land Size
-
Price per sqft
$270
Property Type
House
Property Taxes
$940
HOA Dues
$486
Year Built
2006

Price History

Date / Event Date Event Price
Jun 16, 2023 Sold to Miranda Lundeen Soto, Richa... $975,000
Sold to Miranda Lundeen Soto, Richa...
May 27, 2023 No longer available -
No longer available
Apr 1, 2023 Relisted $1,065,000
Relisted
Mar 31, 2023 In contract -
In contract
Feb 24, 2023 Price Decreased $1,065,000
↓ $14K (1.3%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 322
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,057
  • Total Building Area: 5,144
  • Gross Building Area: 5,144
  • Building Area: 3,945
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,945
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CUTLER CAY
  • Land Acres: 0.208
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CUTLER CAY PB 162-23 T-21739 LOT 13 BLK 16 LOT SIZE 9057 SQ FT FAU 30 6003 032 0010 THRU 5290 F/A/U 30-6003-034-3900 COC 24374-1739 03 2006 1

Ownership

  • Current Owner : THOMPSON RICHARD
  • Current Owner 2: SOTO MIRANDA LUNDEEN
  • Previous Owner : MASSIMO ORTISI REVOCABLE TRUST
  • Owner Before Previous Owner: BETANCOURT EDUARDO
  • Owner Before Previous Owner 2: MARTINEZ MICHAEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CUTLER BAY
  • Census Tract: 010613

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 353
  • District: 36
  • Parcel: 36-6003-034-3900
  • Block: 16
  • Lot: 13
  • Meridian: SEC 03 TWN 56S RNG 40E
  • Municipality: CUTLER BAY
  • Latitude: 25.5926
  • Longitude: -80.3131

    Address

  • Full Address: 7435 Sw 188th Ln
  • Address - House Number: 7435
  • Street Direction: SW
  • Address - Street Name: 188th
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Cutler Bay
  • Carrier Code: C054
  • 4-Digit Zip Code: 8074
  • Zip Code: 33157

Valuation

    Tax

  • Total Area: 4,149
  • Tax Year: 2023
  • Tax Amount: $15,109
  • Tax Rate Code Area: 3600

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,071,351
  • High Value: 1,262,167
  • Low Value: 880,535

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $780,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 16, 2023
  • First Open Lien Mortgage Loan Amount: $780,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $770,260
  • Market Land Value: $264,912
  • Market Improvement Value: $505,348

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $521,725

    Sales

  • Current Sale Contract Date: May 24, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Transaction ID: 11908994669
  • Current Sale Price: $975,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 411626
  • Previous Sale Recording Date: Mar 16, 2013
  • Previous Sale Contract Date: Feb 15, 2013
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 16, 2023
  • First Mortgage Loan Amount: $780,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4 Baths
3,945 ft²
$271/ft²
$1,069,000 Feb 18, 2023
-
$1,562/mo
House
5 Beds
4.5 Baths
3,945 ft²
$256/ft²
$1,010,000 Apr 5, 2023
-
$1,543/mo
House
5 Beds
4.5 Baths
3,982 ft²
$283/ft²
$1,125,000 Mar 13, 2023
-
$1,777/mo
House
5 Beds
4 Baths
3,945 ft²
$292/ft²
$1,150,000 Feb 22, 2023
-
$1,748/mo
House
5 Beds
4.5 Baths
3,982 ft²
$298/ft²
$1,185,000 Feb 1, 2023
-
$1,723/mo
House
5 Beds
5.5 Baths
3,479 ft²
$284/ft²
$989,000 Apr 5, 2023
-
$1,691/mo
House
5 Beds
4.5 Baths
3,945 ft²
$303/ft²
$1,195,000 Mar 18, 2023
-
$1,148/mo
House
5 Beds
4 Baths
4,717 ft²
$239/ft²
$1,125,000 Nov 19, 2022
-
$1,682/mo
House
5 Beds
4 Baths
4,717 ft²
$249/ft²
$1,175,000 Jan 20, 2023
-
$1,889/mo
House
4 Beds
3 Baths
2,723 ft²
$367/ft²
$999,000 Feb 1, 2023
-
$1,353/mo
House
4 Beds
4.5 Baths
3,136 ft²
$382/ft²
$1,199,000 Feb 17, 2023
-
$1,351/mo

About Cutler Bay


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Frequently Asked Questions

When was property at 7435 Southwest 188th Lane built and last sold?
The property at 7435 Southwest 188th Lane was built in 2006 and last sold on May 24, 2023 for $975,000.
How much is this home worth?
The estimated value of the home located at 7435 Southwest 188th Lane is $1,075,650.
What are some comparable homes to 7435 Southwest 188th Lane?
Homes that are comparable to 7435 Southwest 188th Lane include a house property at 7581 Southwest 191st Street, 7743 Southwest 193rd Street, 7462 Southwest 187th Street.

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