NOT LISTED FOR SALE

10521 Mahogany Key Cir Unit 102 Miami, FL 33196

The Hammocks Neighborhood

Estimated Value: $305,000 - $399,000

2 Beds
2 Baths
1,212 Sq Ft
$43/mo HOA Fee

Last Sold August 28, 2020

Last sale price $173,000 $143 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,193/month

122 Days on Market

Highlights

  • Lake Front
  • Private Beach Pavilion
  • Newly Remodeled
  • Oliver Hoover Elementary School Rated 9+
  • Fitness Center
  • Clubhouse

About This Home

As of August 2020

2/2 on 1st floor w/ lake view in highly desired Mahogany Key Condo. Tiled throughout. Washer & Dryer inside. Unit is leased for $1,500/m until Feb 28, 2021. New buyer must honor lease. Great investment. Buyer must use Sunny Title Co. located at 7001 SW 97th Avenue, Suite 103, Miami, FL 33173. Please use Showing Time for appointments. Thank you.

Maintenance fee is $400 per month & includes water, building insurance, trash disposal, security, and common area maintenance. Association fee is $128 quarterly and includes amenities. There is also a special assessment effective 2020 for $3504 or $146 per month for 24 months (until 2022) for improvements to the building. See attachments for HOA application.

Last Agent to Sell the Property

Jorge Morales

MMLS Assoc.-Inactive Member License #670369 Listed on: 03/12/2020

Co-Listed By

Jorge Morales

Josly Realty License #0685544

Last Buyer's Agent

Rosalia Echeverria

The Keyes Company License #3082310

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,384

Year Built

  • Built in 1985 | Newly Remodeled

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Property Views

  • Lake
  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,212 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Courtyard
  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-59-09-018-0030

Community Details

Overview

  • Club Membership Required
  • Mahogany Key Condo
  • Mahogany Key Condo #7 Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Business Center

Recreation

  • Private Beach Pavilion
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $400

Security

  • Security Service
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,384

Year Built

Built in 1985 | Newly Remodeled

Lot Details

0

HOA Fees

$43 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Co List Office Mls Id: JGMR01
  • Co List Office Phone: 305-303-5067
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: MAHOGANY KEY CONDO #7
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Electric Range, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 1212
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Other

Exterior Features

  • View: Garden View, Lake
  • Exterior Features: Other, Courtyard
  • Construction Type: CBS Construction
  • Patio And Porch Features: Screened Porch
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MAHOGANY KEY CONDO
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Other, Security Patrol

Condo/Co-op/Association

  • Association Fee: 128
  • Amenities: Bike/Jog Path, Barbecue, Business Center, Clubhouse-Clubroom, Exercise Room, Other, Pool, Private Beach Pavilion, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-59-09-018-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 400

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Aug 28, 2020
Sold by
Singleton Florinda Rebeca
Bought by
Zocai Properties Llc
Seller's Agent
Jorge Morales
MMLS Assoc.-Inactive Member
Buyer's Agent
Rosalia Echeverria
The Keyes Company
List Price
$190,000
Sold Price
$173,000
Premium/Discount to List
-$17,000
-8.95%
Current Estimated Value
$343,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,366
Avg. Annual Appreciation
14.76%

Purchase Details

Closed on
Jan 26, 2016
Sold by
Morales Gustavo A
Bought by
Singleton Florinda Rebeca

Purchase Details

Closed on
Jul 29, 2010
Sold by
Morales Gustavo A and Morales Gus A
Bought by
Morales Gustavo A and Gustavo A Morales Revocable Trust Agreem

Purchase Details

Closed on
Mar 28, 2005
Sold by
Rodriguez Christina
Bought by
Morales Gustavo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 6, 2000
Sold by
Scott Barbara
Bought by
Rodriguez Christina

Purchase Details

Closed on
Jun 6, 1996
Sold by
Kniahynycky Kathryn L B
Bought by
Scott Barbara
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
Zocai Properties Llc $173,000 Attorney
Singleton Florinda Rebeca $155,500 Flamingo Title Services Inc
Morales Gustavo A -- Attorney
Morales Gustavo A $158,000 --
Rodriguez Christina $79,000 --
Scott Barbara $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Gustavo A $104,500
Previous Owner Morales Gustavo A $120,000
Previous Owner Rodriguez Christina $74,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $173,000 -8.9% $143 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $190,000 0.0% $157 / Sq Ft
03/01/2017 03/01/17 Rented $1,600 0.0% --
02/18/2017 02/18/17 Under Contract -- -- --
01/25/2017 01/25/17 For Rent $1,600 -- --
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
2024 $3,048 $174,893 -- --
2023 $3,048 $158,994 $0 $0
2022 $2,692 $144,540 $0 $0
2021 $2,323 $131,400 $0 $0
2020 $2,451 $138,300 $0 $0
2019 $2,458 $138,300 $0 $0
2018 $2,305 $133,000 $0 $0
2017 $2,218 $125,914 $0 $0
2016 $2,005 $106,939 $0 $0
2015 $1,847 $97,218 $0 $0
2014 -- $88,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10831132

MIAMI REALTORS® MLS

APN: 30-5909-018-0030