7881 SW 197 TER, Cutler Bay, FL 33189

Parcel: 3660030160970 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$144,407

Property Details

Beds
3
Baths
2
Living Sqft
1,362
Year Built
1989
Lot Sqft
7,840
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
N/Anon-market transfer
1998-11-01
2
$107,300
1999-02-01
3
$250,000+133%
2008-03-01

Tax Assessment History

$144,407
Assessed (2025)
$409,820
Market Value
$93,685
Taxable Value
$1,907
Annual Tax
2024
$140,338
$421,911
2025
$144,407
$409,820
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $144,407 $409,820 $93,685 $1,907
2024 $140,338 $421,911 $90,338 $1,839

About 7881 SW 197 TER, Cutler Bay, FL 33189

7881 SW 197 TER, Cutler Bay, FL 33189 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1989 with 1,362 square feet of living space on a 7,840 square foot lot. The property is currently owned by PAIGE KELCHNER, 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 2008-03-01 for $250,000. The property has appreciated $142,700 (133%) since the prior sale of $107,300 on 1999-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $144,407 with a market value of $409,820. This breaks down to $235,200 for the land and $174,620 for the building. The assessed value increased 3% from $140,338 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $108,165, and the median home value is $575,000. The population density is 3,712 people per square mile.

7881 SW 197 TER, Cutler Bay, FL 33189 is located in Cutler Bay, Florida. Property records, tax assessments, sales history, and ownership information for this Cutler Bay property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1998 to 2008, with 3 recorded transactions in the public record.

The current assessed value represents 58% 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 $184 per square foot — a key metric for comparing value across Cutler Bay's real estate market..

Current Owner

PAIGE KELCHNER
7881 SW 197 TERR, MIAMI, FL, 33189-2157
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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$108,165
Median Home Value$575,000
Pop. Density3,712/sq mi

Neighborhood 33189

59%
Owner-Occ
41%
Investor
77
Flips (4yr)
1,212
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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