8 months on rocket

7420 SW 145th Ter, Palmetto Bay, FL, 33158

$1,545,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,663 SqFt
$580/SqFt
House

Location

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7420 SW 145th Ter, Palmetto Bay$1,545,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Circular Driveway, Driveway, Garage
Attached Garage2 spaces
Year Built1972
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
ViewGarden, Pool
MLS #A11559477
StatusActive

About 7420 SW 145th Ter

Welcoming 4 bedroom/ 2.5 bath home on an oversized, park-like lot (including a second folio) totaling 31,036 sq ft in a wonderful pocket of North Palmetto Bay. Great floorplan includes formal living and dining rooms. Lovely family room with fireplace and built in book shelves. Kitchen with breakfast nook has French doors leading to the patio. Tile and laminate flooring. Primary suite with walk in closets, updated bath with dual sinks and shower, overlooks screened pool and patio. Indoor laundry room. Circular driveway with side entry 2 car garage. Amazing lot with space for tennis court, and potential for so much more.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1972
  • Stories: 1
  • Living Area: 2,663 SqFt

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Email: kern.d@ewm.com
  • Listing Agent: Drew Kern

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Flooring Type: Other, Tile
  • Interior: Bedroom on Main Level, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Pantry, Walk-In Closet(s), Central Vacuum

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Garden, Pool
  • Exterior: Enclosed Porch, Patio, Storm/Security Shutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Circular Driveway, Driveway, Garage

Lot Features

Lot Information:

  • Lot: Sprinklers

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,545,000
  • Price Per SqFt: $580/SqFt

Tax Information:

  • Annual Amount: $6,976
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palmetto Bay, FL.

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Palmetto Bay, FL

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$437

Avg. Days On Market

44

# of Sold Homes

31

7420 SW 145th Ter vs Palmetto Bay

264 DAYS ON ROCKET

+220 Days

$1,545,000

+$534K More

$580/SqFt

+$142 More

KEY TAKEAWAY

This property is $534K more than the Median Sold Price and $142/SqFt more than other homes in Palmetto Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11559477

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Email: kern.d@ewm.com
  • Listing Agent: Drew Kern

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,976$401,474
2018$6,522$385,131
2017$6,500$377,210

History based on county public records data.

Payment Calculator

$7,779

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,698

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4328374
9
/10

  • Coral Reef Elementary School

  • 7955 SW 152nd St

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-4328375
7
/10

  • Howard Drive Elementary School

  • 7750 SW 136th St

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-4328376
10
/10

  • Palmetto Elementary School

  • 12401 SW 74th Ave

  • 1.37 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $150,000. The most common annual income of people living in Palmetto Bay, FL is between $100k-200k. Typical family type is married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7420 SW 145th Ter

What is the listing price of this property?

The listing price of 7420 SW 145th Ter property is $1,545,000.

What type of property is this?

The property 7420 SW 145th Ter is a house located in Palmetto Bay, Florida, 33158.

Is this property for sale now?

Active Listing: 7420 SW 145th Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,976 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7420 SW 145th Ter has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 7420 SW 145th Ter is 2,663 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7420 SW 145th Ter is 1972.

Rocket Homes›Florida›Miami-Dade County›Palmetto Bay›33158›7420 SW 145th Ter

This home is located at 7420 SW 145th Ter in Palmetto Bay, FL and zip code 33158 in the Cutler neighborhood. This 2,663 square foot home was built in 1972. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $1,545,000.

In November 2024 more than 0 listings in Palmetto Bay, FL were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 16 were sold below. Between October 2024 and November 2024, Palmetto Bay, FL real estate market has seen increase in the number of listings by 5.4%. The median list price of listings available in November 2024 was $1,011,000, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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