$242,000
SOLD JAN 19, 2012
1 Bed
1 Bath
1,340 Sq Ft
$679/mo HOA Fee

Recently Sold

$181 Per Sq Ft

118 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Clubhouse
  • Key Biscayne K-8 Center Rated A-
  • Private Guards
  • Wood Flooring

About This Home

As of January 2012

Unique opportunity in the Island of Key Biscayne; combining leisure & investment.All contracts/offers are subject to seller approval amd any offers or counter offers are not binding unless the entire agreement is ratified by all parties.There is a $75.00 buyer paid doc fee paid at closing.

Last Agent to Sell the Property

Rosa Canao

Douglas Elliman License #3133073 Listed on: 08/25/2011

Douglas Elliman

Last Buyer's Agent

Martina San Miguel

Universal Fidelity Group License #3114129

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,940

Year Built

  • Built in 1981

HOA Fees

  • $679 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,340 Sq Ft Home
  • Property has 1 Level
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-024-2241

Community Details

Overview

  • Low-Rise Condominium
  • Key Colony Condos
  • Key Colony Subdivision

Amenities

  • Clubhouse
  • Community Kitchen

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Private Guards
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,940

Year Built

Built in 1981

Lot Details

0

HOA Fees

$679 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Directions: ENTER KEY BISCAYNE ISLAND AT THE SECOND LIGHT MAKE A LEFT TOWARD THE KEY COLONY COMPLEX GATE HOUSE
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: Key Colony
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1340
  • Stories: 4
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Key Colony
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Guard At Site, Private Guards

Condo/Co-op/Association

  • Association Fee: 679
  • Amenities: Clubhouse-Clubroom, Exercise Room, Kitchen Facilities, Exterior Lighting, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-42-32-024-2241
  • Lot Size Sq Ft: 1340
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 679

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 4940

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2020
Sold by
Duque Andres Felipe and Arango Jucelyn
Bought by
Arango Jocelyn
Current Estimated Value
$765,306

Purchase Details

Closed on
Nov 13, 2020
Sold by
Zafiro Norte Llc
Bought by
Arango Jocelyn and Duque Andres Felipe

Purchase Details

Listed on
Aug 25, 2011
Closed on
Dec 29, 2011
Sold by
Owb Reo Llc
Bought by
Zafiro Norte Llc
Seller's Agent
Rosa Canao
Douglas Elliman
Buyer's Agent
Martina San Miguel
Universal Fidelity Group
List Price
$242,000
Sold Price
$242,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%

Purchase Details

Closed on
Apr 12, 2011
Sold by
Beltran Edgar
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Oct 7, 2009
Sold by
Beltran Edgar
Bought by
Key Colony #4 Condominium Association In

Purchase Details

Closed on
Sep 12, 2000
Sold by
San Lucas Investments Ltd
Bought by
Taulats Oriol

Purchase Details

Closed on
Oct 20, 1997
Sold by
Ayling Dennett E and Zottis Teodora V
Bought by
San Lucas Investments Ltd

Purchase Details

Closed on
Jun 24, 1993
Sold by
Tesarus Holding
Bought by
Ayling Dennett Eduardo and Zottis Teodora Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.44%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $390,000 Attorney
Special Warranty Deed $242,000 Attorney
Interfamily Deed Transfer -- Attorney
Trustee Deed $208,200 None Available
Trustee Deed -- None Available
Warranty Deed $195,000 --
Warranty Deed $167,500 --
Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $474,000 Negative Amortization
Previous Owner $75,000 Credit Line Revolving
Previous Owner $286,900 New Conventional
Previous Owner $286,900 Fannie Mae Freddie Mac
Previous Owner $133,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2017 11/06/17 Rented $2,200 -21.4% --
08/27/2017 08/27/17 Price Changed $2,800 +250.0% $2 / Sq Ft
08/25/2017 08/25/17 For Rent $800 -67.3% --
08/10/2012 08/10/12 Rented $2,450 -15.5% --
07/11/2012 07/11/12 Under Contract -- -- --
07/02/2012 07/02/12 For Rent $2,900 0.0% --
01/19/2012 01/19/12 Sold $242,000 0.0% $181 / Sq Ft
12/22/2011 12/22/11 Pending -- -- --
08/25/2011 08/25/11 For Sale $242,000 -- $181 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,222 $658,845 -- --
2024 $9,635 $598,950 -- --
2023 $9,635 $544,500 $0 $0
2022 $8,679 $495,000 $0 $0
2021 $7,608 $450,000 $0 $0
2020 $7,430 $450,000 $0 $0
2019 $6,885 $416,000 $0 $0
2018 $6,626 $456,718 $0 $0
2017 $6,012 $347,724 $0 $0
2016 $5,758 $316,113 $0 $0
2015 $5,627 $287,376 $0 $0
2014 $5,017 $261,251 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1542584

MIAMI REALTORS® MLS

APN: 24-4232-024-2241