8981 NW 161 TER, Miami Lakes, FL 33018

Parcel: 3220160050120 · Residential - Single Family · 1 Unit · Zoning: 3700

Assessed Value (2025)
$915,085

Property Details

Beds
5
Baths
3.5
Living Sqft
3,050
Year Built
2018
Lot Sqft
8,250
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$637,000
2018-09-28
LENNAR HOMES LLCLUCIANE GOMES SANTANNA
2
$845,000+33%
2021-06-14
LUCIANE GOMES SANTANNAOSCAR BETANCOURT
3
$1,350,000+60%
2024-09-09
OSCAR BETANCOURTPABLO EMILIO SANDOVAL REYES
4
$1,350,000
2024-09-16

Tax Assessment History

$915,085
Assessed (2025)
$915,085
Market Value
$915,085
Taxable Value
$18,630
Annual Tax
2024
$841,050
$884,134
2025
$915,085
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $915,085 $915,085 $915,085 $18,630
2024 $841,050 $884,134 $791,050 $16,105

About 8981 NW 161 TER, Miami Lakes, FL 33018

8981 NW 161 TER, Miami Lakes, FL 33018 is a 5-bedroom, 3.5-bathroom residential - single family : 1 unit built in 2018 with 3,050 square feet of living space on a 8,250 square foot lot. The property is currently owned by PABLO EMILIO SANDOVAL REYES STEFANIA ALVAREZ, 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 2024-09-16 for $1,350,000. There are 4 recorded sales for this property. The 2025 assessed value is $915,085 with a market value of $915,085.

This breaks down to $245,125 for the land and $669,960 for the building. The assessed value increased 9% from $841,050 in 2024. The median household income in this area is $129,375, and the median home value is $564,100.

The population density is 4,619 people per square mile. There are active mortgage liens totaling $1,060,414 recorded against this property. 8981 NW 161 TER, Miami Lakes, FL 33018 is located in Miami Lakes, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami Lakes property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2018 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 68% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $443 per square foot — a key metric for comparing value across Miami Lakes's real estate market..

Current Owner

PABLO EMILIO SANDOVAL REYES STEFANIA ALVAREZ
8981 NW 161 TER, MIAMI LAKES, FL, 33018
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,890 — $9,950
Flood $400 — $800
Property/Wind $5,490 — $9,150

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$129,375
Median Home Value$564,100
Pop. Density4,619/sq mi

Neighborhood 33018

44.6%
Owner-Occ
55.4%
Investor
115
Flips (4yr)
6,390
New Biz (3yr)
Distress Risk
MODERATE
39
View full risk analysis →

Mortgages

ACTIVE
$1,080,000
~$1,060,414 bal.
CAKE MORTGAGE CORP · 2024-09-16
1 satisfied mortgage
SATISFIED 2021-08-18
$633,600
THE NROTHERN TRUST CO
Est. Total Balance $1,060,414
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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