Stephan D Memmen & Illiana C Memmen Acquire Pinecrest Single Family For $9.1M With Seller's Rep Oscar Arellano - EWM Realty
8825 Southwest 64th Court
$9,088,238
$978/SF
Building Size
9,290 SF
Asset Type
Single Family
Closing
Sep 12, 2023
AI
A single-family property located at 8825 SW 64 Court in Pinecrest has been sold for a price of $9,088,238. The property spans approximately 9,290 square feet, resulting in a price per square foot of $978. The transaction took place on 09/12/2023, and the property is represented by Oscar Arellano from Berkshire Hathaway HomeServices EWM Realty.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $9,088,238
- Address: 8825 SW 64 Court, Pinecrest
- Square Footage: 9,290
- Price per Square Foot: $978
The buyer of the property is Stephan D Memmen and Illiana C Memmen. They were represented by Angel Nicolas and Ale Alfonzo from Compass. The seller's representative, as mentioned previously, is Oscar Arellano from Berkshire Hathaway HomeServices EWM Realty. This transaction highlights the involvement of these key individuals and companies in the deal, showcasing their role in the successful completion of the sale.
Players
Cord Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.75%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93