tomo logo

$985,500

Beds
3
Baths
2.0
sq ft
1,710

8265 SW 118th Ter, Miami, FL 33156

8265 SW 118th Ter

Miami, FL 33156

  • 62 days on market
    • Price drop $109,500↓
This charming home, near the sought-after Village of Pinecrest, offers a peaceful retreat with a spacious, shaded backyard perfect for relaxation or family fun. Explore the treehouse and zip line, or unwind in a hammock under the mature trees. The bright kitchen features stainless-steel appliances, ample storage, and a serene view of the lush backyard. The open living area is ideal for cozy family gatherings or entertaining guests. A bonus room, currently used as an office, provides flexibility for work, hobbies, or extra storage. Meticulously maintained, this home is ready for your personal touch. Conveniently located near top schools, parks, and shopping, it combines the charm of suburban living with easy access to city amenities. Perfect for families seeking both space and tranquility.

Details

Property type

Single Family Residence

Est. home value

$953,144

Lot size

0.34 acres

Price per sq ft

$577

Year built

1956

Annual property taxes

$12,322

Price History

11/13/2024
SEF

SEF #A11663637

Price change
$985,500
-10%
09/21/2024
SEF

SEF #A11663637

Listed
$1,095,000
+100.92%
06/25/2018
SEF

SEF #A10453180

Sold
$545,000

Schools & Community

Elementary school: 

Vineland

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

Pentagon Fcu

Loan start date

October 2020

Original loan amount

$38,000

Est. remaining balance

Not provided

Interest rate

3.11%

Loan type

Credit Line (Revolving), 30 year

Seller

Yishen Chien and Yiching Lu

Lender

Pentagon Fcu

Loan start date

October 2020

Original loan amount

$38,000

Est. remaining balance

Not provided

Interest rate

3.11%

Loan type

Credit Line (Revolving), 30 year

Seller

Yishen Chien and Yiching Lu

Lender

Pentagon Fcu

Loan start date

March 2020

Original loan amount

$432,800

Est. remaining balance

$391,921

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Yi Shen Chien and Yi Ching Lu

Lender

Pentagon Fcu

Loan start date

March 2020

Original loan amount

$432,800

Est. remaining balance

$391,921

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Yi Shen Chien and Yi Ching Lu

Lender

Pentagon Fcu

Loan start date

June 2018

Original loan amount

$436,000

Est. remaining balance

Not provided

Interest rate

4.37%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Yishen Chien and Yiching Lu

Lender

Pentagon Fcu

Loan start date

June 2018

Original loan amount

$436,000

Est. remaining balance

Not provided

Interest rate

4.37%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Yishen Chien and Yiching Lu

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 4:55 PM

Listing updated: 11/16/2024 at 3:05 PM

Listed by: Le Zhou, United Realty Group Inc Phone #: (954) 450-2000

MLS: SEF #A11663637

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