7940 SW 89 TER, Pinecrest, FL 33156

Parcel: 3050030180510 · Residential - Single Family · 1 Unit · Zoning: 2100

Assessed Value (2025)
$687,965

Property Details

Beds
3
Baths
2
Living Sqft
1,447
Year Built
1961
Lot Sqft
10,800
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2017-03-17
K SCOTT GROSSINGER K SCOTT GROSSINGER
2
$100non-market transfer
2023-12-26
K SCOTT GROSSINGERKARL SCOTT GROSSINGER
3
$119,500
2023-12-27
KARL SCOTT GROSSINGERKARL SCOTT GROSSINGER
4
N/A
2023-12-29
5
$119,500
2024-01-04

Tax Assessment History

$687,965
Assessed (2025)
$687,965
Market Value
$637,243
Taxable Value
$12,974
Annual Tax
2024
$677,470
2025
$687,965
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $687,965 $687,965 $637,243 $12,974
2024 $677,470 $677,470 $627,470 $12,775

About 7940 SW 89 TER, Pinecrest, FL 33156

7940 SW 89 TER, Pinecrest, FL 33156 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1961 with 1,447 square feet of living space on a 10,800 square foot lot. The property is currently owned by KARL SCOTT GROSSINGER AMY DIANA GROSSINGER, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2024-01-04 for $119,500. There are 5 recorded sales for this property. The 2025 assessed value is $687,965 with a market value of $687,965.

This breaks down to $442,800 for the land and $245,165 for the building. The assessed value increased 2% from $677,470 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $150,809, and the median home value is $814,900. The population density is 3,263 people per square mile. There are active mortgage liens totaling $237,211 recorded against this property.

7940 SW 89 TER, Pinecrest, FL 33156 is located in Pinecrest, Florida. Property records, tax assessments, sales history, and ownership information for this Pinecrest property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2017 to 2024, with 5 recorded transactions in the public record.

The current assessed value represents 576% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $83 per square foot — a key metric for comparing value across Pinecrest's real estate market..

Current Owner

KARL SCOTT GROSSINGER AMY DIANA GROSSINGER
7940 SW 89 TER, MIAMI, FL, 33156
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$8,655 — $15,935
Flood $400 — $800
Property/Wind $8,255 — $15,135

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$150,809
Median Home Value$814,900
Pop. Density3,263/sq mi

Neighborhood 33156

53.3%
Owner-Occ
46.7%
Investor
201
Flips (4yr)
5,034
New Biz (3yr)
Distress Risk
MODERATE
38
View full risk analysis →

Mortgages

ACTIVE
$252,000
~$237,211 bal.
CALIBER HOME LOANS INC · 2021-06-01
Est. Total Balance $237,211
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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