NOT LISTED FOR SALE

1226 Palermo Ave Coral Gables, FL 33134

Country Club Section Neighborhood

Estimated Value: $1,772,000 - $2,340,000

5 Beds
4 Baths
2,674 Sq Ft
$718/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $1,620,000 $606 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $12,192/month

19 Days on Market

Highlights

  • Wood Flooring
  • Old Spanish Architecture
  • In-Law or Guest Suite
  • George W. Carver Elementary School Rated A
  • No HOA
  • Patio

About This Home

As of October 2023

Welcome to 1226 Palermo Ave in beautiful Coral Gables, Florida! This Mediterranean home boasts elegance, luxury, and an unmatched location. As you step inside, you are greeted by a spacious floor plan filled with natural light. The interior features hardwood floors, high ceilings, and exquisite finishes.The chef-inspired gas kitchen is complete with stainless steel appliances, granite countertops, and ample storage space. The master suite features a walk-in closet and en-suite bathroom with a soaking tub, separate shower, and dual vanities. The additional bedrooms are generously sized and offer comfort and privacy. Located in Coral Gables, this home offers close proximity to top-rated schools, world-class dining and shopping options at Miracle Mile, and easy access to major highways.

Last Agent to Sell the Property

Jorge Trespalacios

EXP Realty LLC License #3345638 Listed on: 08/23/2023

EXP Realty LLC

Last Buyer's Agent

Mark Yaffe

Nest Seekers Florida, LLC License #3477659

Nest Seekers Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,855

Year Built

  • Built in 1925

Lot Details

  • 6,890 Sq Ft Lot
  • North Facing Home
  • Property is zoned 0100

Parking

  • 1 Car Garage
  • Paver Block

Home Design

  • Old Spanish Architecture
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,674 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Coral Gable Country Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-41-18-003-1250

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,855

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Old Spanish
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CORAL GABLE COUNTRY CLUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Interior Amenities: Other, Separate Guest/In-Law Quarters
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 2674
  • Other Equipment: Natural Gas
  • Possible Use: Primary
  • Bedroom Features: Other
  • Living Room Features: Separate Guest/In-Law Quarters, Other

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: None
  • Construction Type: Stucco
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL GABLE COUNTRY CLUB
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-41-18-003-1250
  • Lot Size Sq Ft: 6890
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15855

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Oct 16, 2023
Sold by
Trespalacios Jose Ramon
Bought by
Siena Gables Corp
Seller's Agent
Jorge Trespalacios
EXP Realty LLC
Buyer's Agent
Mark Yaffe
Nest Seekers Florida, LLC
List Price
$1,700,000
Sold Price
$1,620,000
Premium/Discount to List
-$80,000
-4.71%
Views
63
Current Estimated Value
$1,920,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,465
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Mar 25, 2019
Sold by
Trespalacios Jose and Trespalacios Jorge
Bought by
Trespalacios Jose

Purchase Details

Closed on
Dec 28, 2007
Sold by
Trespalacio Jose
Bought by
Trespalacios Jose and Trespalcios Jorge

Purchase Details

Closed on
Jan 31, 2006
Sold by
Aufinger Raymond A and Aufinger Miriam
Bought by
Trespalacios Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Interest Rate
1.5%
Mortgage Type
Negative Amortization
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
Siena Gables Corp $1,620,000 None Listed On Document
Trespalacios Jose -- None Available
Trespalacios Jose -- None Available
Trespalacios Jose $875,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trespalacios Jose Ramon $262,800
Previous Owner Trespalacios Jose $612,500
Previous Owner Aufinger Raymond $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $1,620,000 -4.7% $606 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $1,700,000 0.0% $636 / Sq Ft
12/01/2021 12/01/21 Rented -- -- --
10/19/2021 10/19/21 Under Contract -- -- --
10/14/2021 10/14/21 For Rent $6,250 +25.0% --
04/20/2020 04/20/20 Rented $5,000 0.0% --
03/18/2020 03/18/20 Price Changed $5,000 -3.8% $2 / Sq Ft
01/22/2020 01/22/20 For Rent $5,200 0.0% --
01/02/2018 01/02/18 Rented $5,200 -10.3% --
10/11/2017 10/11/17 For Rent $5,800 +5.5% --
06/09/2013 06/09/13 Rented $5,500 0.0% --
06/09/2013 06/09/13 For Rent $5,500 -- --
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 $21,703 $1,189,195 $861,250 $327,945
2024 $17,856 $1,188,502 $860,557 $327,945
2023 $17,856 $880,107 $0 $0
2022 $15,855 $800,098 $0 $0
2021 $14,658 $727,362 $483,567 $243,795
2020 $13,677 $673,632 $429,837 $243,795
2019 $12,967 $634,556 $390,761 $243,795
2018 $0 $634,556 $390,761 $243,795
2017 $11,371 $603,887 $0 $0
2016 $11,308 $579,015 $0 $0
2015 $10,905 $526,378 $0 $0
2014 $9,584 $478,526 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jorge Trespalacios

    Seller's Agent in 2023

    Jorge Trespalacios

    EXP Realty LLC

    (305) 205-2231

    1 in this area

    10 Total Sales

    Jorge Trespalacios
    Section Image
  • Mark Yaffe

    Buyer's Agent in 2023

    Mark Yaffe

    Nest Seekers Florida, LLC

    (305) 998-9981

    1 in this area

    10 Total Sales

    Mark Yaffe
    Section Image

  • J

    Buyer Co-Listing Agent in 2023

    Jaime Israel Campeas

    The Corcoran Group

    Section Image
  • Josefina Delgado

    Seller's Agent in 2018

    Josefina Delgado

    Coldwell Banker Realty

    (305) 219-3153

    69 Total Sales

    Josefina Delgado
    Section Image
  • Felix Santos

    Buyer's Agent in 2018

    Felix Santos

    Compass Florida, LLC

    (305) 930-3777

    24 Total Sales

    Felix Santos
    Section Image

  • A

    Seller Co-Listing Agent in 2013

    Ada Calle

    Coldwell Banker Realty

    (305) 668-2803

    11 Total Sales

    Ada Calle
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11440591

MIAMI REALTORS® MLS

APN: 03-4118-003-1250

Florida Miami/Dade County Coral Gables 33134 Country Club Section

1226 Palermo Ave, Coral Gables, FL

This home is located at 1226 Palermo Ave, Coral Gables, FL 33134 since 23 August 2023 and is currently estimated at $1,920,465, approximately $718 per square foot. This property was built in 1925. 1226 Palermo Ave is a home located in Miami-Dade County with nearby schools including George W. Carver Elementary School, Ponce de Leon Middle School, and Coral Gables 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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