NOT LISTED FOR SALE

1231 NE 40th Rd Homestead, FL 33033

Waterstone Neighborhood

Estimated Value: $484,000 - $554,000

3 Beds
2 Baths
2,014 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $424,000 $211 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,717/month

7 Days on Market

Highlights

  • Fitness Center
  • Canal Width is 121 Feet or More
  • Clubhouse
  • River Front
  • Canal View
  • Deck

About This Home

As of April 2022

Lovely 2 story home located in the very desirable gated community of Waterstone of Portofino Palms. Very well maintained home with 2 car garage with a beautiful back porch with a canal view that is inviting for a BBQ with family and friends, while doing a little fishing to relax the mind. This home is conveniently located minutes away from the Florida Turnpike, local shopping venues, schools and hospitals. Low HOA. Amenities include use of 2 clubhouses and 2 pools, gym and more.

Last Agent to Sell the Property

Juliet Restrepo

Keller Williams Capital Realty License #3037561 Listed on: 02/09/2022

Keller Williams Capital Realty

Last Buyer's Agent

Malgorzata Sadowska

Keller Williams Capital Realty License #3313909

Keller Williams Capital Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,231

Year Built

  • Built in 2006

Lot Details

  • 3,600 Sq Ft Lot
  • River Front
  • Northwest Facing Home
  • Property is zoned 9300

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,014 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Canal Width is 121 Feet or More
  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 10-79-10-031-0530

Community Details

Overview

  • Portofino Palms Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,231

Year Built

Built in 2006

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: PORTOFINO PALMS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Pantry, Family Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Floor, Concrete, Tile
  • Furnished: Unfurnished
  • Living Area: 2014
  • Possible Use: Primary
  • Bedroom Features: Entry Level, Master Bedroom Upstairs, Master Bath Shower, Master Bath Tub
  • Dining Room Features: Breakfast Area, Dining/Living Room, Formal Dining
  • Living Room Features: Family Room, Utility Room/Laundry

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Canal
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Canal Width 121 Feet Or More, River
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PORTOFINO PALMS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 95
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Additional Amenities, Clubhouse, Pool, Exercise Room
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 10-79-10-031-0530
  • Lot Size Sq Ft: 3600
  • Zoning: 9300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4231

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2009
Sold by
Federal National Mortgage Association
Bought by
Turi Arthur A
Current Estimated Value
$514,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,554
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 2009
Sold by
Medina Jose A and Medina Jose
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
May 30, 2007
Sold by
Papatriantafyllou Demetrio
Bought by
Medina Jose A and Medina Marisol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 3, 2006
Sold by
Prime Homes At Portofino Palms Ltd
Bought by
Papatriantafyllou Demetrio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,294
Interest Rate
6.8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Turi Arthur A $135,000 Attorney
Chase Home Finance Llc -- None Available
Medina Jose A $300,000 Attorney
Papatriantafyllou Demetrio $305,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turi Arthur A $200,000
Closed Turi Arthur A $192,000
Closed Turi Arthur A $14,000
Closed Turi Arthur A $132,554
Previous Owner Medina Jose A $285,000
Previous Owner Papatriantafyllou Demetrio $275,294
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $424,000 +6.3% $211 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $399,000 -- $198 / 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 $9,674 $389,288 -- --
2024 $9,483 $378,317 -- --
2023 $9,483 $367,299 $100,801 $266,498
2022 $4,234 $125,296 $0 $0
2021 $4,231 $121,647 $0 $0
2020 $3,710 $119,968 $0 $0
2019 $3,656 $117,271 $0 $0
2018 $3,502 $115,085 $0 $0
2017 $3,474 $112,718 $0 $0
2016 $3,456 $110,400 $0 $0
2015 $3,468 $109,633 $0 $0
2014 $3,505 $108,763 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Juliet Restrepo

    Seller's Agent in 2022

    Juliet Restrepo

    Keller Williams Capital Realty

    (786) 317-6821

    1 in this area

    53 Total Sales

    Section Image
  • Malgorzata Sadowska

    Buyer's Agent in 2022

    Malgorzata Sadowska

    Keller Williams Capital Realty

    (202) 236-7040

    1 in this area

    79 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11157850

MIAMI REALTORS® MLS

APN: 10-7910-031-0530

Florida Miami/Dade County Homestead 33033 Waterstone

1231 NE 40th Rd, Homestead, FL

This home is located at 1231 NE 40th Rd, Homestead, FL 33033 since 09 February 2022 and is currently estimated at $512,369, approximately $254 per square foot. This property was built in 2006. 1231 NE 40th Rd is a home located in Miami-Dade County with nearby schools including Mandarin Lakes K-8 Center, Redland Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

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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