NOT LISTED FOR SALE

1170 Lugo Ave Coral Gables, FL 33156

Gables By The Sea Neighborhood

Estimated Value: $1,957,000 - $3,099,000

4 Beds
2 Baths
2,310 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $1,800,000 $779 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $14,666/month

21 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Garden View
  • Pinecrest Elementary School Rated A
  • Wood Flooring
  • 1-minute walk to Coral Bay Park

About This Home

As of November 2023

Lovely and LOWEST PRICED home in prestigious Gables-by-the-Sea, a quiet bayfront guard-gated community. Light filled, open-concept living spaces featuring Brazilian cherry wood flooring, modern-style kitchen renovated in 2016 w/wood cabinetry, granite countertops, 2023 appliances & breakfast bar. 4 large BR’s, including spacious primary suite w/walk-in closet & bath w/ glass-enclosed shower and bonus patio room accessible to pool. Impact glass throughout. French doors open to garden & pool which is fully fenced w/privacy hedge. Gables-by-the Sea is a golf-cart friendly neighborhood w/a neighborhood park & offers Coral Gables police roving security + voluntary HOA. Located in the highly rated Pinecrest school district & walking distance to Gulliver Academy.

Last Agent to Sell the Property

Jennifer Wackenhut

Compass Florida, LLC. Brokerage Phone: 305-903-7987 License #3397223 Listed on: 09/07/2023

Compass Florida, LLC.

Co-Listed By

Riley Smith

Compass Florida, LLC Brokerage Phone: 305-903-7987 License #3028618

Last Buyer's Agent

Sara Arroyo

Compass Florida, LLC. License #3296575

Compass Florida, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,168

Year Built

  • Built in 1972

Lot Details

  • 0.3 Acre Lot
  • North Facing Home
  • Property is zoned 0100

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Tile Roof

Interior Spaces

  • 2,310 Sq Ft Home
  • 1-Story Property
  • Den
  • Wood Flooring
  • Garden Views
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Home Security

  • Partial Accordion Shutters
  • Clear Impact Glass
  • Fire and Smoke Detector

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-006-0010

Community Details

Overview

  • Coral Bay Sec B Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,168

Year Built

Built in 1972

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: COMP03
  • Co List Office Phone: 305-851-2820
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: CORAL BAY SEC B
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-903-7987
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave
  • Interior Amenities: First Floor Entry, Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 2310
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Partial Accordian Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden
  • Exterior Features: Fruit Trees
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CORAL BAY SEC B
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners, Voluntary

Lot Info

  • Parcel Number: 03-51-18-006-0010
  • Lot Size Sq Ft: 13279
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Nov 27, 2023
Sold by
Latour Jennifer Wackenhut
Bought by
Thakkar Jinita S
Seller's Agent
Jennifer Wackenhut
Compass Florida, LLC.
Buyer's Agent
Sara Arroyo
Compass Florida, LLC.
List Price
$1,900,000
Sold Price
$1,800,000
Premium/Discount to List
-$100,000
-5.26%
Views
68
Current Estimated Value
$2,216,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,689
Avg. Annual Appreciation
14.97%
Original Mortgage
$1,350,000
Outstanding Balance
$1,330,353
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$951,271

Purchase Details

Closed on
Oct 17, 2016
Sold by
Latour Robert Nathan and Latour Jennifer Wackenhut
Bought by
Latour Jennifer Wackenhut

Purchase Details

Closed on
Jul 24, 2009
Sold by
Pyatt Kenneth and Pyatt Chau
Bought by
Latour Robert Nathan and Latour Jennifer Wakenhut

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 20, 2005
Sold by
Blick Vernon H and Blick Cynthia D
Bought by
Pyatt Kenneth and Pyatt Chau

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 10, 1996
Sold by
Bass Gary W and Bass Carol R
Bought by
Hammerer Jeffrey P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
7.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Thakkar Jinita S $1,800,000 Ycm Law & Title Pllc
Latour Jennifer Wackenhut -- Attorney
Latour Robert Nathan $665,000 American Home Title
Pyatt Kenneth $810,000 Complete Title Solutions Inc
Hammerer Jeffrey P $289,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thakkar Jinita S $1,350,000
Previous Owner Latour Robert Nathan $750,000
Previous Owner Pyatt Kenneth $648,000
Previous Owner Hammerer Jeffrey P $326,000
Previous Owner Hammerer Jeffrey P $259,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2023 11/27/23 Sold $1,800,000 -4.8% $779 / Sq Ft
10/05/2023 10/05/23 Price Changed $1,890,000 -0.5% $818 / Sq Ft
09/29/2023 09/29/23 For Sale $1,900,000 0.0% $823 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $1,900,000 -- $823 / 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 $30,100 $1,590,286 $1,195,110 $395,176
2024 $11,347 $1,547,567 -- --
2023 $11,347 $656,851 $0 $0
2022 $12,168 $637,720 $0 $0
2021 $12,002 $619,146 $0 $0
2020 $11,873 $610,598 $0 $0
2019 $11,641 $596,870 $0 $0
2018 $11,183 $585,741 $0 $0
2017 $11,119 $573,694 $0 $0
2016 $10,973 $561,895 $0 $0
2015 $11,123 $557,990 $0 $0
2014 $11,088 $553,562 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jennifer Wackenhut

    Compass Florida, LLC.

    (305) 330-5481

    1 in this area

    15 Total Sales

    Section Image
  • Riley Smith

    Seller Co-Listing Agent in 2023

    Riley Smith

    Compass Florida, LLC

    (786) 550-6054

    2 in this area

    755 Total Sales

    Section Image

  • S

    Buyer's Agent in 2023

    Sara Arroyo

    Compass Florida, LLC.

    (305) 851-2820

    1 in this area

    19 Total Sales

    Section Image
  • Megan Probst

    Buyer Co-Listing Agent in 2023

    Megan Probst

    Compass Florida, LLC

    (954) 999-2875

    1 in this area

    107 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11449166

MIAMI REALTORS® MLS

APN: 03-5118-006-0010

Florida Miami/Dade County Coral Gables 33156 Gables By The Sea

1170 Lugo Ave, Coral Gables, FL

This home is located at 1170 Lugo Ave, Coral Gables, FL 33156 since 07 September 2023 and is currently estimated at $2,365,599, approximately $1,024 per square foot. This property was built in 1972. 1170 Lugo Ave is a home located in Miami-Dade County with nearby schools including Pinecrest Elementary School, Palmetto Middle School, and Miami Palmetto Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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