NOT LISTED FOR SALE

Estimated Value: $4,139,000 - $5,658,000

5 Beds
4 Baths
3,671 Sq Ft
$1,423/Sq Ft Est. Value

Last Sold February 21, 2013

Last sale price $1,000,000 $272 Per Sq Ft

Est. 437% increase in value since last sale

Current estimated payment $29,883/month

29 Days on Market

Highlights

  • Property has ocean access
  • Boat Lift
  • Intracoastal View
  • Private Dock
  • Property Fronts a Bay or Harbor
  • 2-minute walk to Stillwater Park

About This Home

As of February 2013

Amazing bayfront property with Ocaen Access!! This home is located in a small private gated community. The oversized lot, features a zero infinity saline pool and spa, boat dock and lift, and an out door grill. 85 feet of water frontage.

Last Agent to Sell the Property

David Cevallos

Brickell Brokers License #3388084 Listed on: 12/11/2012

Last Buyer's Agent

David Cevallos

Incmobilia.com

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 84x150
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Property is zoned 1 /S FM

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,671 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Awning
  • Vertical Blinds
  • Sliding Windows
  • Family Room
  • Formal Dining Room
  • Intracoastal Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Boat Lift
  • Private Dock

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-03-011-1490

Community Details

Overview

  • No Home Owners Association
  • Biscayne Beach 2Nd Addn Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock
  • Lot Size: 84x150
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BISCAYNE BEACH 2ND ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4108

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Laundry Tub, Pantry, Family Room
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Floor, Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3671
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Awning, Sliding, Verticals
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Family Room
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only

Exterior Features

  • Roof: Barrel Roof, Curved/S-Tile Roof
  • View: Intracoastal View
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Awning(s)
  • Pool Features: In Ground, Heated, Pool/Spa Combo
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BISCAYNE BEACH 2ND ADDN
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Fire Alarm, Security System Leased, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated, Sidewalks

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-03-011-1490
  • Lot Size Sq Ft: 12709
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 26250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2012
Closed on
Mar 22, 2013
Sold by
Ribera Juan P
Bought by
Scher Stephen M and Scher Janet B
Seller's Agent
David Cevallos
Brickell Brokers
Buyer's Agent
David Cevallos
Incmobilia.com
List Price
$1,689,999
Sold Price
$1,000,000
Premium/Discount to List
-$689,999
-40.83%
Current Estimated Value
$5,373,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,373,338
Avg. Annual Appreciation
14.29%

Purchase Details

Closed on
Aug 13, 2007
Sold by
Valdes Ruddy A and Valdes Barbara
Bought by
Ribera Juan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,000
Interest Rate
8.35%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2002
Sold by
Ruddy A Valdes I
Bought by
Valdes Ruddy A and Lapolla Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 16, 1999
Sold by
Moises & Carolina Jrade
Bought by
Lapolla Catherine and Valdes Ruddy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.43%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Scher Stephen M $1,062,000 First United Title & Escrow
Ribera Juan P $1,925,000 First Security Title Group I
Valdes Ruddy A -- --
Lapolla Catherine $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scher Stephen M $1,062,000
Previous Owner Ribera Juan P $1,540,000
Previous Owner Valdes Ruddy $900,000
Previous Owner Valdes Ruddy $250,000
Previous Owner Valdes Ruddy A $163,000
Previous Owner Valdes Ruddy $336,210
Previous Owner Lapolla Catherine $84,000
Previous Owner Lapolla Catherine $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2013 02/21/13 Sold $1,000,000 -40.8% $272 / Sq Ft
01/09/2013 01/09/13 Pending -- -- --
12/10/2012 12/10/12 For Sale $1,689,999 -- $460 / 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 $2,485 $2,582,887 -- --
2024 $2,404 $2,510,095 -- --
2023 $2,404 $2,436,986 $0 $0
2022 $2,286 $2,366,006 $0 $0
2021 $2,227 $2,297,094 $1,715,962 $581,132
2020 $44,252 $2,240,286 $1,652,375 $587,911
2019 $42,516 $2,247,069 $1,652,375 $594,694
2018 $39,192 $2,253,854 $1,652,375 $601,479
2017 $39,466 $1,664,071 $0 $0
2016 $35,543 $1,353,472 $0 $0
2015 $39,327 $1,723,015 $0 $0
2014 $34,039 $1,566,378 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1723142

MIAMI REALTORS® MLS

APN: 02-3203-011-1490