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8031 SW 197th Ter, Cutler Bay, FL, 33189

$706,000

Home List Price

$8,384*

Closing Credit

3 Bedrooms
2 Full Baths
1,831 SqFt
$386/SqFt
House

Location

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8031 SW 197th Ter, Cutler Bay$706,000

Buyer Closing Credits

$8,384*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage2 spaces
Year Built1974
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
ViewNone
MLS #A11711171
StatusActive

About 8031 SW 197th Ter

Charming one story three bedroom, two bath home with a fantastic open layout. You will never miss out on the action from the spacious kitchen overlooking the dining and living rooms! The kitchen features black solid surface countertops, updated cabinetry, and sleek appliances. Neutral colors and wood look floors allow you to make this home your own. Spend time outdoors in this spacious and welcoming backyard with a covered patio, a gated pool, and a large grassy area to enjoy. A side-walk lined neighborhood and attractive landscaping are just a few of the unique features of this area so book a tour today and feel right at home!

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1974
  • Stories: 1
  • Living Area: 1,831 SqFt

Listing Office:

  • Office Name: Entera Realty LLC
  • Office Phone: (888) 216-6364
  • Listing Agent: Robert Salmons

Interior Features

Interior Information:

  • Appliances: Other, Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Flooring Type: Laminate, Tile, Vinyl
  • Interior: Built-in Features, Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, French Door(s)/Atrium Door(s), First Floor Entry, Living/Dining Room, Main Level Primary, Pantry, Sitting Area in Primary, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Fence, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 8031 SW 197th Ter
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Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Head southwest on Old Cutler Rd toward SW 196th St, Turn left onto SW 196th St, Turn right onto SW 82nd Ct, Turn left onto SW 198th St, Turn left onto 79th Pl, Turn left onto SW 197th Terrace, Property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $706,000
  • Price Per SqFt: $386/SqFt

HOA Fees:

  • Amount: $40
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,781
  • Tax Year: 2020
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Housing Market Comparison

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

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Cutler Bay, FL

City

Med. Sold Price

$585K

Med. Price/SqFt

$322

Avg. Days On Market

48

# of Sold Homes

29

8031 SW 197th Ter vs Cutler Bay

2 DAYS ON ROCKET

-46 Days

$706,000

+$121K More

$386/SqFt

+$64 More

KEY TAKEAWAY

This property is $121K more than the Median Sold Price and $64/SqFt more than other homes in Cutler Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11711171

Listing Office:

  • Office Name: Entera Realty LLC
  • Office Phone: (888) 216-6364
  • Listing Agent: Robert Salmons

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: 12/21/2024, 9:20:50 PM 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$5,781$288,696
2018$2,289$172,649
2017$2,262$169,098

History based on county public records data.

Payment Calculator

$3,631

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,183

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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-787492
8
/10

  • Whispering Pines Elementary School

  • 18929 SW 89th Rd

  • 0.93 miles

  • Public District Grades PK-5

school-card-donut-787493
7
/10

  • Dr. Edward L. Whigham Elementary School

  • 21545 SW 87th Ave

  • 1.42 miles

  • Public District Grades PK-5

school-card-donut-787494
10
/10

  • Mater Academy Bay Elementary School

  • 22025 SW 87th Ave

  • 1.67 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,852. Typical income of Cutler Bay, FL residents is between $35k-100k annually. Most families are married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8031 SW 197th Ter

What is the listing price of this property?

The listing price of 8031 SW 197th Ter property is $706,000.

What type of property is this?

The property 8031 SW 197th Ter is a house located in Cutler Bay, Florida, 33189.

Is this property for sale now?

Active Listing: 8031 SW 197th 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 $5,781 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8031 SW 197th Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8031 SW 197th Ter is 1,831 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8031 SW 197th Ter is 1974.

Rocket Homes›Florida›Miami-Dade County›Cutler Bay›33189›8031 SW 197th Ter

This home is located at 8031 SW 197th Ter in Cutler Bay, FL and zip code 33189 in the Saga Bay / East Cutler neighborhood. This 1,831 square foot home was built in 1974. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $706,000.

In November 2024 more than 4 listings in Cutler Bay, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 19 were sold below. Between October 2024 and November 2024, Cutler Bay, FL real estate market has seen decrease in the number of listings by 1.2%. The median list price of listings available in November 2024 was $585,000, while the average time on the real estate market was 48 days.

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

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