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$3,750,000

Beds
5
Baths
5.0
sq ft
4,222

13960 Old Cutler Rd, Palmetto Bay, FL 33158

13960 Old Cutler Rd

Palmetto Bay, FL 33158

  • 450 days on market
    • Price drop $100,000↓
Property has an assumable VA loan at 2.5% interest. This loan can be assumed by another veteran buyer. Come see this beautiful estate on historic Old Cutler Rd. The estate sits on a corner lot just shy of 1 acre. Sorrounding properties are in the multi million $ range. New construction next to subject property is listed for 7 million, the property on the other side is 6 million plus, as is the property directly across the street which is under contract. This property has 5 bedrooms, 6 bathrooms (4 full and 2 half). Huge gourmet kitchen, marble throughout, high ceilings, beautiful landscaping and incredible terrace which includes an outdoor kitchen with BBQ, gas stove, oven, sink and dining area. The tile roof and impact windows was installed in 2020. It's a fantastic property.

Details

Property type

Single Family Residence

Est. home value

$3,636,010

Lot size

0.89 acres

Price per sq ft

$889

Year built

1952

Annual property taxes

$509

Price History

10/16/2024
SEF

SEF #A11445632

Price change
$3,750,000
-2.6%
10/11/2024
SEF

SEF #A11445632

Removed
$3,850,000
09/30/2024
SEF

SEF #A11445632

Listed
$3,850,000

Schools & Community

Elementary school: 

Howard Drive

Middle school: 

Palmetto

High school: 

Miami Palmetto

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Mid-Continent Funding Inc

Loan start date

December 2020

Original loan amount

$612,000

Est. remaining balance

$558,168

Interest rate

2.81%

Loan type

VA, 30 year

Seller

Raul Isusi and Magnolia Isusi

Lender

Mid-Continent Funding Inc

Loan start date

December 2020

Original loan amount

$612,000

Est. remaining balance

$558,168

Interest rate

2.81%

Loan type

VA, 30 year

Seller

Raul Isusi and Magnolia Isusi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 11:35 PM

Listing updated: 10/15/2024 at 9:35 PM

Listed by: Magnolia Perez-Isusi, Starlink Realty, Inc Phone #: (239) 693-7263

MLS: SEF #A11445632

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