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7876 Southwest 194th Street

7876 Southwest 194th Street, Miami, FL 33157
Property in Cutler Bay
Sold May 28, 2020
$710,000
$510,400 by Home Point Financial Corporati
Mortgage Due Jun 01, 2050
Sold Aug 09, 2006
$748,200
$565,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2036
7876 Southwest 194th Street 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 2006 and is 18 years old. However, we must point out that the home was most recently renovated and altered in 2011. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7876 Southwest 194th Street has 4,717 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,793 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 220 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. The building has a rigid frame bar style roof made of materials that we aren't sure of. The exterior walls of the building are made of concrete block. 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, 7876 Southwest 194th Street sold most recently in May 26, 2020 for a total of $710,000. If you work out the math, that's approximately a cost of $119.31 per sqft. Before that, the property was also sold for $748,200 in Jun 30, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $20,300 in taxes each year. 7876 Southwest 194th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $943,788. If we break it down further, the land itself was valued at $260,688. Improvements to the property, however, were assessed at a total of $683,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2011
  • 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: 220
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,793
  • Total Building Area: 5,951
  • Gross Building Area: 5,951
  • Building Area: 4,717
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,717
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CUTLER CAY
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CUTLER CAY PB 162-23 T-21739 LOT 4 BLK 11 LOT SIZE 8793 SQ FT FAU 30 6003 032 0010 THRU 5290 F/A/U 30-6003-034-1900 COC 24804-3365 06 2006 1

Ownership

  • Current Owner : WILKINSON BROWN MARTIN
  • Current Owner 2: WILKINSON BROWN LEE
  • Previous Owner : LEITH BETWEEN GARRY J
  • Previous Owner 2: LEITH MICHELE
  • Owner Before Previous Owner: SHOMA DEVELOPMENT CORP
  • Is Owner Occupied: Owner-occupied property

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: 36-6003-034-1900
  • Block: 11
  • Lot: 4
  • Meridian: SEC 03 TWN 56S RNG 40E
  • Municipality: CUTLER BAY
  • Latitude: 25.5868
  • Longitude: -80.3196

    Address

  • Full Address: 7876 Sw 194th St
  • Address - House Number: 7876
  • Street Direction: SW
  • Address - Street Name: 194th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Cutler Bay
  • Carrier Code: C054
  • 4-Digit Zip Code: 8009
  • Zip Code: 33157

Valuation

    Tax

  • Total Area: 5,032
  • Tax Year: 2023
  • Tax Amount: $20,300
  • Tax Rate Code Area: 3600

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,296,637
  • High Value: 1,527,578
  • Low Value: 1,065,697

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: May 28, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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, 2050

    Market Valuation

  • Market Total Value: $943,788
  • Market Land Value: $260,688
  • Market Improvement Value: $683,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $943,788
  • Assessed Land Value: $260,688
  • Assessed Improvements Value: $683,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2020
  • Current Sale Recording Date: May 28, 2020
  • Current Sale Transaction ID: 11763306465
  • Current Sale Price: $710,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0302068
  • Previous Sale Recording Date: Aug 09, 2006
  • Previous Sale Contract Date: Jun 30, 2006
  • Previous Sale Amount: $748,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: May 28, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 09, 2006
  • Previous Mortgage Loan Amount: $565,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Aug 01, 2036

About Cutler Bay



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Frequently Asked Questions

What neighborhood is 7876 Southwest 194th Street located in?
The 7876 Southwest 194th Street is a located in the neighborhood of Cutler Bay in Cutler Bay, Miami.
What is the average sales price for listings in 7876 Southwest 194th Street?
The average sales price for units in 7876 Southwest 194th Street is $0 currently.

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