NOT LISTED FOR SALE

Estimated Value: $3,990,000 - $6,220,000

4 Beds
3.5 Baths
3,737 Sq Ft
$1,423/Sq Ft Est. Value

Last Sold May 17, 2017

Last sale price $1,750,000 $468 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $31,762/month

55 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • Pinecrest Elementary School Rated A
  • Boating
  • Home fronts a lagoon or estuary

About This Home

As of May 2017

READY TO SELL NOW! Exceptional position on best canal in exclusive, gated "Gables By The Sea". No bridges to Bay. Triple wide canal/lagoon. 127 Ft Seawall wraps around this 15,600 Sq Ft corner lot. 180 Degrees water views, South and West. Update to your style, instead of overpaying for some other house that you still have to re-do. Serious, motivated sellers. Partial seller finance. A-Plus Schools.

Last Agent to Sell the Property

Franco Bianco

Shelton and Stewart REALTORS License #3155226 Listed on: 02/14/2017

Shelton and Stewart REALTORS

Last Buyer's Agent

Patricia Nieto

One Sotheby's International Realty License #0709185

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,845

Year Built

  • Built in 1976

Lot Details

  • 0.36 Acre Lot
  • 127 Ft Wide Lot
  • Home fronts a lagoon or estuary
  • Home fronts a canal
  • Northeast Facing Home
  • Fenced
  • Property is zoned R-14

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Lagoon
  • Canal

Home Design

  • Flat Tile Roof

Interior Spaces

  • 3,737 Sq Ft Home
  • 2-Story Property
  • Family or Dining Combination
  • Tile Flooring
  • Washer

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs

Outdoor Features

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

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 03-51-18-006-1160

Community Details

Overview

  • No Home Owners Association
  • Voluntary home owners association
  • Coral Bay Sec B,Gables By The Sea Subdivision

Recreation

  • Boating

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,845

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: Enter Gables by the Sea on intersection of Old Cutler Road and SW 128 Street (Lugo Ave). East, to corner of Lugo and San Pedro.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL BAY SEC B,GABLES BY THE SEA
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Family Room
  • Spa Yn: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 3737
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Family/Dining Combination
  • Living Room Features: Family Room

Exterior Features

  • Roof: Flat Tile
  • View: Canal, Lagoon
  • Exterior Features: Fruit Trees
  • Direction Faces: Northeast
  • Fencing: Fenced
  • 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, Lagoon, No Fixed Bridges
  • Waterfront: Yes

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Boating, Gated Community, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 03-51-18-006-1160
  • Lot Size Sq Ft: 15600
  • Zoning: R-14
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 15845

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2017
Closed on
May 17, 2017
Sold by
Wayne Robert and Cardwell Margarita
Bought by
Lee Travis
Seller's Agent
Franco Bianco
Shelton and Stewart REALTORS
Buyer's Agent
Patricia Nieto
One Sotheby's International Realty
List Price
$2,095,000
Sold Price
$1,750,000
Premium/Discount to List
-$345,000
-16.47%
Current Estimated Value
$5,316,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,566,706
Avg. Annual Appreciation
14.71%
Original Mortgage
$1,400,000
Outstanding Balance
$1,139,405
Interest Rate
3.17%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,280,646

Purchase Details

Closed on
Jun 5, 1996
Sold by
Sessions Michael A and Sessions Denise A
Bought by
Wayne Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
7.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lee Travis -- None Available
Wayne Robert $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Travis $1,400,000
Previous Owner Wayne Robert $105,000
Previous Owner Wayne Robert $181,600
Previous Owner Wayne Robert $360,000
Previous Owner Wayne Robert $635,000
Previous Owner Wayne Robert $423,500
Previous Owner Wayne Robert $581,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2017 05/17/17 Sold $1,750,000 0.0% $468 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
04/07/2017 04/07/17 Off Market $1,750,000 -- --
02/14/2017 02/14/17 For Sale $2,095,000 -- $561 / 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 $31,829 $1,761,169 -- --
2024 $29,744 $1,711,535 -- --
2023 $29,744 $1,661,685 $0 $0
2022 $30,018 $1,613,287 $0 $0
2021 $29,823 $1,566,299 $0 $0
2020 $29,496 $1,544,674 $0 $0
2019 $28,912 $1,509,946 $0 $0
2018 $38,334 $2,055,393 $1,677,000 $378,393
2017 $15,787 $823,148 $0 $0
2016 $16,710 $806,218 $0 $0
2015 $15,845 $800,614 $0 $0
2014 $15,874 $794,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10225348

MIAMI REALTORS® MLS

APN: 03-5118-006-1160