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8425 Southwest 163rd Terrace

8425 Southwest 163rd Terrace, Miami, FL 33157
Property in Mirelda Estates
Sold Oct 14, 2008
$430,000
$319,200 by American Airlines Fcu
Mortgage Due Nov 01, 2038
Sold Dec 28, 2006
$500,000
$500,000 by First Magnus Financial Corp
Mortgage Due Dec 01, 2036
Local assessors in Miami, FL have categorized 8425 Southwest 163rd Terrace as a residential type of property. The home was built in 1991 and is 33 years old. The property's lot size has been calculated to be 15,006 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8425 Southwest 163rd Terrace has a total of 2,060 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 367 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Lots of a combination of material were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8425 Southwest 163rd Terrace was last sold in Oct 9, 2008 for $430,000. According to our calculations, that's $151.84 per sqft. Prior to that sales transaction, the property was sold for $500,000 in Nov 22, 2006. Current property owners are expected to pay $6,547 in taxes per year. The property on 8425 Southwest 163rd Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $373,059. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 367
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,006
  • Total Building Area: 2,832
  • Gross Building Area: 2,832
  • Building Area: 2,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MIRELDA ESTATES
  • Land Acres: 0.345
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MIRELDA ESTATES PB 138-26 LOT 8 BLK 2 LOT SIZE 15006 SQ FT F/A/U 30-5027-000-0700 OR 19756-0407 062001 1 F/A/U 30-5027-050-0170 COC 25231-1070 11 2006 1

Ownership

  • Current Owner : ARCHER JEFFREY S
  • Current Owner 2: ARCHER BRENDA S
  • Previous Owner : GOMEZ LUIS FERNANDO
  • Previous Owner 2: ARROYAVE SANDRA MARCELA
  • Owner Before Previous Owner: RAMOS YVONNE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: PALMETTO BAY
  • Census Tract: 008202

Zoning

  • Zoning: 2100

Geography

  • Assessors Map Reference: 310
  • District: 33
  • Parcel: 33-5027-050-0170
  • Block: 2
  • Lot: 8
  • Meridian: SEC 27 TWN 55S RNG 40E
  • Municipality: PALMETTO BAY
  • Latitude: 25.6187
  • Longitude: -80.3297

    Address

  • Full Address: 8425 Sw 163rd Ter
  • Address - House Number: 8425
  • Street Direction: SW
  • Address - Street Name: 163rd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Palmetto Bay
  • Carrier Code: C002
  • 4-Digit Zip Code: 3684
  • Zip Code: 33157

Valuation

    Tax

  • Total Area: 2,508
  • Tax Year: 2023
  • Tax Amount: $6,547
  • Tax Rate Code Area: 3300

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,183,621
  • High Value: 1,394,433
  • Low Value: 972,810

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $319,200
  • First Open Lien Mortgage Lender: AMERICAN AIRLINES FCU
  • First Open Lien Mortgage Recording Date: Oct 14, 2008
  • First Open Lien Mortgage Loan Amount: $319,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2038

    Market Valuation

  • Market Total Value: $825,998
  • Market Land Value: $390,078
  • Market Improvement Value: $435,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,059

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 09, 2008
  • Current Sale Recording Date: Oct 14, 2008
  • Current Sale Transaction ID: 11457705659
  • Current Sale Price: $430,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2008R0836694
  • Previous Sale Recording Date: Dec 28, 2006
  • Previous Sale Contract Date: Nov 22, 2006
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN AIRLINES FCU
  • First Mortgage Transaction Date: Oct 14, 2008
  • First Mortgage Loan Amount: $319,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Nov 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • Previous Mortgage Transaction Date: Dec 28, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Dec 01, 2036

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Frequently Asked Questions

What neighborhood is 8425 Southwest 163rd Terrace located in?
The 8425 Southwest 163rd Terrace is a located in the neighborhood of Mirelda Estates in Palmetto Bay, Miami.
What is the average sales price for listings in 8425 Southwest 163rd Terrace?
The average sales price for units in 8425 Southwest 163rd Terrace is $0 currently.

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