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7801 Southwest 181st Terrace

7801 Southwest 181st Terrace, Miami, FL 33157
Sold Jan 15, 2020
$520,000
$416,000 by Home Financing Center Inc
Mortgage Due Dec 01, 2049
7801 Southwest 181st Terrace has been categorized by the local assessors in Miami, FL as a residential type of property. The building on the property was first built in 1978 and is 46 years old. However, we must point out that the home was most recently renovated and altered in 1993. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7801 Southwest 181st Terrace has 2,823 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 1,250 ft. The area measurement of the land has been determined as 15,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 242 sqft. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7801 Southwest 181st Terrace sold most recently in Dec 12, 2019 for a total of $520,000. If you work out the math, that's approximately a cost of $184.20 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,277 in taxes each year. 7801 Southwest 181st Terrace was most recently assessed in 2020. During this assessment, the property's total value was estimated to be about $473,384. If we break it down further, the land itself was valued at $210,000. Improvements to the property, however, were assessed at a total of $263,384. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Block Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1993
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Construction Type: Concrete block
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 242
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,823
  • Gross Building Area: 3,883
  • Building Area: 2,823
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,823
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAPE CUTLER ESTS
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAPE CUTLER ESTS PB 102-26 LOT 14 BLK 6 LOT SIZE 125.000 X 120 OR 15939-1827 0593 4 F/A/U 30-5034-023-0650

Ownership

  • Current Owner : MONZO HUMBERTO
  • Current Owner 2: LOBATO JESSICA
  • Previous Owner : EDWARDS ROBERT EARL
  • Previous Owner 2: ECHNOZ JAMES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: PALMETTO BAY
  • Census Tract: 008209

Zoning

  • Zoning: 2100:ESTAT

Geography

  • District: 33
  • Parcel: 33-5034-023-0650
  • Block: 6
  • Lot: 14
  • Meridian: SEC 34 TWN 55S RNG 40E
  • Municipality: PALMETTO BAY
  • Latitude: 25.6021
  • Longitude: -80.3177

    Address

  • Full Address: 7801 Sw 181st Ter
  • Address - House Number: 7801
  • Street Direction: SW
  • Address - Street Name: 181st
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Palmetto Bay
  • Carrier Code: C050
  • 4-Digit Zip Code: 6224
  • Zip Code: 33157

Valuation

    Tax

  • Total Area: 3,353
  • Tax Year: 2021
  • Tax Amount: $6,277
  • Tax Rate Code Area: 3300

    Appraisal Valuation

  • Standard Deviation: 0.1908
  • Valuation Date: Jan 26, 2022
  • Confidence Score: 74
  • Final Value: 976,944
  • High Value: 1,163,424
  • Low Value: 790,465

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,000
  • First Open Lien Mortgage Lender: HOME FINANCING CENTER INC
  • First Open Lien Mortgage Recording Date: Jan 15, 2020
  • First Open Lien Mortgage Loan Amount: $416,000
  • 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: Dec 01, 2049

    Market Valuation

  • Market Total Value: $473,384
  • Market Land Value: $210,000
  • Market Improvement Value: $263,384

    Assessments Valuation

  • Assessed Year: 2020
  • Assessed Total Value: $473,384
  • Assessed Land Value: $210,000
  • Assessed Improvements Value: $263,384

    Sales

  • Current Sale Contract Date: Dec 12, 2019
  • Current Sale Recording Date: Jan 15, 2020
  • Current Sale Transaction ID: 11730636862
  • Current Sale Price: $520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0044464

    Last Sale Mortgage

  • First Mortgage Lender: HOME FINANCING CENTER INC
  • First Mortgage Transaction Date: Jan 15, 2020
  • First Mortgage Loan Amount: $416,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

About Palmetto Bay



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Frequently Asked Questions

What neighborhood is 7801 Southwest 181st Terrace located in?
The 7801 Southwest 181st Terrace is a house located in the neighborhood of Cape Cutler Estates in Palmetto Bay, Miami.
What is the average sales price for listings in 7801 Southwest 181st Terrace?
The average sales price for units in 7801 Southwest 181st Terrace is $0 currently.

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