8961 SW 197 TER, Cutler Bay, FL 33157
Parcel: 3660040131060 · Residential - Single Family · 1 Unit · Zoning: 0100
Assessed Value (2025)
$146,794
Property Details
Beds
3
Baths
2
Living Sqft
2,131
Year Built
1959
Lot Sqft
8,250
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$42,000
1976-11-01
2
$100non-market transfer
2025-08-05
ALLEN B CHASE &W FRANCA → ALLEN BARNARD CHASE LE
3
N/A
2025-08-07
Tax Assessment History
$146,794
Assessed (2025)
$469,301
Market Value
$96,072
Taxable Value
$1,956
Annual Tax
2024
$142,657
$471,110
2025
$146,794
$469,301
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $146,794 | $469,301 | $96,072 | $1,956 | $247,500 | $221,801 |
| 2024 | $142,657 | $471,110 | $92,657 | $1,886 | $247,500 | $223,610 |
About 8961 SW 197 TER, Cutler Bay, FL 33157
8961 SW 197 TER, Cutler Bay, FL 33157 is a 3-bedroom, 2-bathroom residential - single family : 1 unit built in 1959 with 2,131 square feet of living space on a 8,250 square foot lot. The property is currently owned by ALLEN BARNARD CHASE LE FRANCA S CHASE LE, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.
There are 3 recorded sales for this property. The 2025 assessed value is $146,794 with a market value of $469,301. This breaks down to $247,500 for the land and $221,801 for the building.
The assessed value increased 3% from $142,657 in 2024. The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.
Flood insurance is typically not required for properties in Zone X. The median household income in this area is $123,167, and the median home value is $467,200. The population density is 4,679 people per square mile.
8961 SW 197 TER, Cutler Bay, FL 33157 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 1976 to 2025, with 3 recorded transactions in the public record..
Current Owner
ALLEN BARNARD CHASE LE FRANCA S CHASE LE
8961 SW 197 TER, CUTLER BAY, FL, 33157
Since: 2026-04-19
View owner profile →
Flood Zone
Zone X
Minimal risk
Est. Annual Insurance
$2,161 — $4,029
Flood $400 — $800
Property/Wind $1,761 — $3,229
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$123,167
Median Home Value$467,200
Pop. Density4,679/sq mi
Neighborhood 33157
46.3%
Owner-Occ
53.7%
Investor
161
Flips (4yr)
2,488
New Biz (3yr)
Distress Risk
MODERATE
36
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