by RH Advisors

See Home Value
$835,000
House - Off Market

8725 SW 161st St

Palmetto Bay, FL 33157
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1907 Sqft
$4,840
Estimated Monthly
$0
HOA / Fees
4.10%
Cap Rate

About This Property

An exquisite Palmetto Bay home situated on a quiet street. Double entry door leading into the spacious living room with bay window. The dining room and kitchen open up to a large screened-in covered patio and sparkling pool.  The home offers a split plan with three large bedrooms, 2 walk-in closets.  2 car garage with hurricane-proof door, new water heater.  Impact windows throughout, security cameras, and oversized private fenced yard, ample space for outdoor living and entertaining.  Desirable location for quiet family living.  Great Public and Private schools, and easy access everything Miami has to offer.
Unit Size
1,907Ft²
Days on Market
119 days
Land Size
0.36 acres
Price per sqft
$469
Property Type
House
Property Taxes
$445
HOA Dues
-
Year Built
1969
Last updated: 6 months ago (Miami MLS #A11433652)

Price History

Date / Event Date Event Price
Dec 13, 2023 Sold to Israel Ramos, Kamala Ramos $835,000
Sold to Israel Ramos, Kamala Ramos
Nov 15, 2023 In contract -
In contract
Sep 15, 2023 Price Decreased $895,000
↓ $90K (9.1%)
Price Decreased
Aug 9, 2023 Listed by Coldwell Banker Realty $985,000
Listed by Coldwell Banker Realty
Dec 21, 2010 Sold to Hainu Yue, Sizhen Mei $335,000
Sold to Hainu Yue, Sizhen Mei

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 275
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,625
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,970
  • Gross Building Area: 2,970
  • Building Area: 1,907
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,907
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORAL REEF ESTATES 4TH ADDN
  • Land Acres: 0.359
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORAL REEF ESTATES 4TH ADDN PB 84-85 LOT 12 BLK 21 LOT SIZE 125.000 X 125 F/A/U 30-5028-020-0020 COC 25598-3122 03 2007 5

Ownership

  • Current Owner : RAMOS ISRAEL
  • Current Owner 2: RAMOS KAMALA
  • Previous Owner : YUE HAINU
  • Previous Owner 2: YUE SIZHEN
  • Owner Before Previous Owner: KAVNEY HUGH 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: 008202

Zoning

  • Zoning: 2100

Geography

  • Assessors Map Reference: 311
  • District: 33
  • Parcel: 33-5028-020-0020
  • Block: 21
  • Lot: 12
  • Meridian: SEC 28 TWN 55S RNG 40E
  • Municipality: PALMETTO BAY
  • Latitude: 25.6211
  • Longitude: -80.3339

    Address

  • Full Address: 8725 Sw 161st St
  • Address - House Number: 8725
  • Street Direction: SW
  • Address - Street Name: 161st
  • Address - Suffix Type: St
  • State: FL
  • City Name: Palmetto Bay
  • Carrier Code: C002
  • 4-Digit Zip Code: 3513
  • Zip Code: 33157

Valuation

    Tax

  • Total Area: 2,360
  • Tax Year: 2023
  • Tax Amount: $5,552
  • Tax Rate Code Area: 3300

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 940,961
  • High Value: 1,108,553
  • Low Value: 773,369

    Market Valuation

  • Market Total Value: $663,211
  • Market Land Value: $382,812
  • Market Improvement Value: $280,399

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $326,515

    Sales

  • Current Sale Contract Date: Dec 06, 2023
  • Current Sale Recording Date: Dec 13, 2023
  • Current Sale Transaction ID: 11918157378
  • Current Sale Price: $835,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 892388
  • Previous Sale Recording Date: Dec 21, 2010
  • Previous Sale Contract Date: Dec 16, 2010
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • Previous Mortgage Transaction Date: Dec 21, 2010
  • Previous Mortgage Loan Amount: $268,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2041



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,913 ft²
$418/ft²
$800,000 Sep 1, 2023
$800,000 Nov 9, 2023
$620/mo
House
4 Beds
2 Baths
2,001 ft²
$427/ft²
$855,000 Aug 21, 2023
$855,000 Nov 30, 2023
$574/mo
House
3 Beds
3 Baths
2,128 ft²
$442/ft²
$940,000 Jun 23, 2023
$940,000 Sep 26, 2023
$509/mo
House
4 Beds
3 Baths
2,148 ft²
$456/ft²
$980,000 Jun 20, 2023
$980,000 Sep 11, 2023
$503/mo
House
3 Beds
2 Baths
2,472 ft²
$307/ft²
$760,000 Aug 14, 2023
$760,000 Nov 22, 2023
$289/mo
House
4 Beds
3 Baths
2,525 ft²
$333/ft²
$840,000 May 30, 2023
$840,000 Sep 8, 2023
$646/mo
House
3 Beds
2 Baths
1,985 ft²
$494/ft²
$980,000 Aug 28, 2023
-
$351/mo
House
3 Beds
2 Baths
1,531 ft²
$587/ft²
$899,000 Jul 12, 2023
-
$429/mo
House
3 Beds
2 Baths
1,470 ft²
$544/ft²
$800,000 Sep 26, 2023
-
$551/mo
House
3 Beds
2 Baths
1,633 ft²
$468/ft²
$765,000 Sep 25, 2023
-
$274/mo
House
4 Beds
2 Baths
1,725 ft²
$579/ft²
$998,900 Nov 28, 2023
-
$350/mo
House
3 Beds
2 Baths
1,860 ft²
$470/ft²
$875,000 Aug 15, 2023
-
$809/mo

About Palmetto Bay


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Frequently Asked Questions

When was property at 8725 Southwest 161st Street built and last sold?
The property at 8725 Southwest 161st Street was built in 1969 and last sold on Dec 6, 2023 for $835,000.
How much is this home worth?
The estimated value of the home located at 8725 Southwest 161st Street is $988,877.
What are some comparable homes to 8725 Southwest 161st Street?
There are currently no comparable homes to 8725 Southwest 161st Street.

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