NOT LISTED FOR SALE

Estimated Value: $4,737,807 - $6,220,000

5 Beds
5.5 Baths
5,250 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $3,488,000 $664 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $37,957/month

266 Days on Market

Highlights

  • Direct Ocean View
  • Property has ocean access
  • Up to 70-Foot Boat
  • Pinecrest Elementary School Rated A
  • Private Dock
  • Boating

About This Home

As of March 2021

Come live the dream in this beautiful private enclave with direct ocean access. Hammock Oaks is a gated community off old cutler just south of Matheson Hammock and this elevated home is a prize! Overlooking a wide lagoon that offers spectacular sunrises and the opportunity to coexist with nature. This spectacular 5-bedroom, 5.5-bath has it all, Generous spaces for entertaining, high ceilings, covered patio and large balcony facing East. Impact windows, backup Generator, updated Kitchen, grand foyer, 2-car garage, circular driveway, and a private, protected dock that can accommodate a 50-70ft boat. Only minutes to Biscayne Bay and the Matheson Hammock fuel dock. Downright Spectacular!

Last Agent to Sell the Property

Belinda Sime

Sime Realty Corporation License #0636344 Listed on: 05/15/2020

Last Buyer's Agent

Belinda Sime

Sime Realty Corporation License #0636344 Listed on: 05/15/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,747

Year Built

  • Built in 1996

Lot Details

  • 0.32 Acre Lot
  • 100 Ft Wide Lot
  • Home fronts a canal
  • West Facing Home
  • Property is zoned 0100

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Direct Ocean
  • Canal

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 5,250 Sq Ft Home
  • Built-In Features
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Canal Width 1-80 Feet
  • Up to 70-Foot Boat
  • Up to 60-Foot Boat
  • Private Dock
  • Outdoor Grill

Schools

  • Pinecrest Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-51-07-010-0090

Community Details

Overview

  • Hammock Oaks Harbor Sec 3 Subdivision

Recreation

  • Boating

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,747

Year Built

Built in 1996

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Mediterranean
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock, Up to 60 Ft Boat,Up to 70 Ft Boat
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: HAMMOCK OAKS HARBOR SEC 3
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters, Media Room
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 5250
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Other
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining, Kitchen Dining, Other, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters, Media Room

Exterior Features

  • Roof: Barrel Roof
  • View: Canal, Direct Ocean, Water
  • Exterior Features: Barbeque, Fruit Trees
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, Canal Width 1-80 Feet, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: HAMMOCK OAKS HARBOR SEC 3
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Owned Burglar Alarm

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Boating, Gated Community
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Pinecrest
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 03-51-07-010-0090
  • Lot Size Sq Ft: 14000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 34747

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Mar 10, 2021
Sold by
Lamar Emilio and Lamar Cathleen
Bought by
Raposo Jose Antonio and Raposo Natalie
Seller's Agent
Belinda Sime
Sime Realty Corporation
Buyer's Agent
Belinda Sime
Sime Realty Corporation
List Price
$3,798,000
Sold Price
$3,488,000
Premium/Discount to List
-$310,000
-8.16%
Current Estimated Value
$6,030,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,542,602
Avg. Annual Appreciation
13.57%
Original Mortgage
$350,000
Outstanding Balance
$317,374
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$5,803,999

Purchase Details

Closed on
May 10, 2002
Sold by
Dan L Majerle M and Dan Tina Majerle
Bought by
Lamar Emilio and Lamar Cathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,100
Interest Rate
6.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 1996
Sold by
Ibarra Christine M and Ibarra Jose A
Bought by
Majerle Dan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1994
Sold by
Venegas Hector J and Venegas Iraida
Bought by
Diaz Rafael and Ibarra Christine M
Source: Public Records

Range of Values:

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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
Raposo Jose Antonio $3,488,000 Attorney
Lamar Emilio $1,900,000 --
Majerle Dan L $1,567,500 --
Diaz Rafael $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raposo Jose Antonio $350,000
Closed Raposo Jose Antonio $350,000
Open Raposo Jose Antonio $750,000
Previous Owner Lamar Emilio $1,000,000
Previous Owner Lamar Emilio J $999,999
Previous Owner Lamar Emilio J $999,999
Previous Owner Lamar Emilio $1,012,000
Previous Owner Majerle Dan L $1,000,100
Previous Owner Majerle Dan L $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $3,488,000 -8.2% $664 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
05/14/2020 05/14/20 For Sale $3,798,000 -- $723 / 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 $58,957 $3,223,224 -- --
2024 $57,276 $3,096,083 -- --
2023 $57,276 $3,018,132 $0 $0
2022 $56,534 $2,930,226 $1,148,000 $1,782,226
2021 $36,826 $1,795,797 $0 $0
2020 $36,315 $1,771,003 $0 $0
2019 $34,748 $1,731,186 $0 $0
2018 $33,301 $1,698,907 $0 $0
2017 $33,048 $1,663,964 $0 $0
2016 $32,545 $1,629,740 $0 $0
2015 $32,884 $1,618,412 $0 $0
2014 $33,290 $1,605,568 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10859231

MIAMI REALTORS® MLS

APN: 03-5107-010-0090