NOT LISTED FOR SALE

8820 SW 162nd St Palmetto Bay, FL 33157

Estimated Value: $1,079,000 - $1,342,000

4 Beds
2 Baths
2,011 Sq Ft
$597/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $1,100,000 $547 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,442/month

21 Days on Market

Highlights

  • Concrete Pool
  • Mediterranean Architecture
  • No HOA
  • Coral Reef Elementary School Rated A
  • Sun or Florida Room
  • Formal Dining Room

About This Home

As of May 2023

Tucked away in desirable Palmetto Bay-this beautifully maintained property is ready to be your next home. This home features a spacious floor plan, porcelain wood plank floors, renovated kitchen and baths, screened patio, a double-sized lot, a cul de sac, and a beautiful oversized pool. The property also features a newer roof, impact windows, and doors. For your peace of mind, an American Home Shield Warranty will be included for one year.

Last Listed By

Carlos Villanueva

The Keyes Company Brokerage Phone: 305-772-3897 License #0638148 Listed on: 03/16/2023

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,732

Year Built

  • Built in 1969

Lot Details

  • 0.59 Acre Lot
  • Southwest Facing Home
  • Fenced
  • Property is zoned 2100

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block With Brick
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,011 Sq Ft Home
  • 1-Story Property
  • Furniture for Sale
  • Ceiling Fan
  • Plantation Shutters
  • Blinds
  • French Doors
  • Formal Dining Room
  • Sun or Florida Room
  • High Impact Windows

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Fence Around Pool

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Coral Reef Ests 6Th Addn,Coral Reef Estates Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 33-50-28-022-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,732

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Ownership: Sole Proprietor
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Mediterranean
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: CORAL REEF ESTS 6TH ADDN,Coral Reef Estates
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Attribution Contact: 305-772-3897
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, French Doors, Split Bedroom, Florida Room
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Other
  • Furnished: Furniture For Sale, Unfurnished
  • Living Area: 2011
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows, Plantation Shutters
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Formal Dining, Snack Bar/Counter
  • Living Room Features: Florida Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Barrel Roof, Flat Roof With Facade Front
  • View: None
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Direction Faces: Southwest
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Home Warranty: Yes
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Features: In Ground, Concrete, Screen Enclosure
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CORAL REEF ESTS 6TH ADDN
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road, Underground Utilities

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-28-022-0070
  • Lot Size Sq Ft: 25625
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
May 10, 2023
Sold by
Ward Thomas S and Ward Elizabeth M
Bought by
Venincasa Michael Joseph and Venincasa Emilie Marie
Seller's Agent
Carlos Villanueva
The Keyes Company
Buyer's Agent
Libby Lorenzo
Onyx Realty
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Total Days on Market
21
Views
36
Current Estimated Value
$1,200,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,553
Avg. Annual Appreciation
5.20%
Original Mortgage
$1,100,000
Outstanding Balance
$1,077,029
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$137,289

Purchase Details

Listed on
Mar 2, 2017
Closed on
May 19, 2017
Sold by
Sikkema Daivd A and Sikkema Joanna D
Bought by
Ward Thomas S and Ward Elizabeth M
Seller's Agent
Drew Kern
BHHS EWM Realty
Buyer's Agent
Carlos Villanueva
The Keyes Company
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%
Original Mortgage
$448,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2017
Sold by
Sikkema Joanna D
Bought by
Sikkema Joanna D and Sikkema David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 24, 2012
Sold by
Sikkena Joanna D
Bought by
Sikkena Joanna D and Sikkena David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,618
Interest Rate
3.96%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Venincasa Michael Joseph $1,100,000 Lincoln Title
Ward Thomas S $560,000 Attorney
Sikkena Joanna D -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venincasa Michael Joseph $1,100,000
Previous Owner Ward Thomas S $448,000
Previous Owner Sikkema Joanna D $400,000
Previous Owner Sikkena Joanna D $83,618
Previous Owner Sikkema Joanna D $15,000
Previous Owner Sikkema Joanna D $91,955
Previous Owner Sikkema Joanna D $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2023 05/16/23 Sold $1,100,000 -4.3% $547 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $1,150,000 +4.5% $572 / Sq Ft
03/17/2023 03/17/23 Off Market $1,100,000 -- --
03/16/2023 03/16/23 For Sale $1,150,000 +105.4% $572 / Sq Ft
05/31/2017 05/31/17 Sold $560,000 -2.6% $222 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
03/29/2017 03/29/17 Price Changed $575,000 -4.0% $228 / Sq Ft
03/02/2017 03/02/17 For Sale $599,000 -- $238 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,046 $908,177 $650,000 $258,177
2023 $9,046 $526,200 $0 $0
2022 $8,732 $510,874 $0 $0
2021 $8,722 $495,995 $0 $0
2020 $8,551 $489,147 $284,375 $204,772
2019 $8,484 $485,044 $0 $0
2018 $8,411 $492,581 $284,375 $208,206
2017 $4,196 $248,573 $0 $0
2016 $4,161 $243,461 $0 $0
2015 $4,230 $241,769 $0 $0
2014 $4,278 $239,851 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11357855

MIAMI REALTORS® MLS

APN: 33-5028-022-0070