NOT LISTED FOR SALE

Estimated Value: $2,177,141 - $2,578,000

4 Beds
4 Baths
2,469 Sq Ft
$959/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $875,000 $354 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $13,803/month

247 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Patio
  • Coconut Grove Elementary School Rated A
  • Circular Driveway
  • Security Service

About This Home

As of November 2020

INVESTOR SPECIAL! Perfect opportunity to rehab a promising 4br/4ba pool home located in the highly desirable BAY HEIGHTS community, a coveted North Grove neighborhood. This is an unbelievable opportunity for a buyer who has vision and wants to create long term equity. The home is in need of a renovation and great potential - rehab and build wealth or rehab and rent out. Either way, this is a win-win in a market where values are only going to continue to rise.

The home sits on almost 11,000 sf of lush land with a pool and patio area. Bay Heights has 24/7 neighborhood security patrol and situated minutes from Bayfront parks & marinas, galleries, boutiques & cafes. Easy access to everything - Brickell, Coconut Grove, Downtown Miami, Key Biscayne, Coral Gables, the Beaches and MIA.

Last Agent to Sell the Property

Jeanette Cabrera

MMLS Assoc.-Inactive Member License #3260227 Listed on: 02/04/2020

Last Buyer's Agent

Sergio Perez

Florida Capital Realty License #3266628

Florida Capital Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,410

Year Built

  • Built in 1957

Lot Details

  • 10,776 Sq Ft Lot
  • East Facing Home
  • Property is zoned 0100

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,469 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Dishwasher

Flooring

  • Clay
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 2 Detached Carport Spaces
  • Circular Driveway
  • Paver Block
  • Guest Parking
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-14-007-0080

Community Details

Overview

  • No Home Owners Association
  • Bay Heights 1St Addn Subdivision

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,410

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: BAY HEIGHTS 1ST ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Washer
  • Interior Amenities: First Floor Entry, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor, Clay
  • Furnished: Unfurnished
  • Living Area: 2469
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Dining Room Features: Family/Dining Combination
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAY HEIGHTS 1ST ADDN
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Detached Carport, Circular Driveway, Covered, Driveway, Guest, Paver Block

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: No
  • Community Features: Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-14-007-0080
  • Lot Size Sq Ft: 10776
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 11410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2020
Closed on
Nov 19, 2020
Sold by
Zubizarreta Michelle Ann and Zubizarreta Octavio Jose
Bought by
Perez Sergio M and Caycedo Ana M
Seller's Agent
Jeanette Cabrera
MMLS Assoc.-Inactive Member
Buyer's Agent
Sergio Perez
Florida Capital Realty
List Price
$1,150,000
Sold Price
$875,000
Premium/Discount to List
-$275,000
-23.91%
Current Estimated Value
$2,368,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,493,380
Avg. Annual Appreciation
22.58%
Original Mortgage
$700,000
Outstanding Balance
$621,772
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,746,608

Purchase Details

Closed on
Oct 5, 2016
Sold by
Zubizarreta Octavio E
Bought by
Revocabl Zubizarreta Octavio E

Purchase Details

Closed on
Dec 19, 2002
Sold by
Zubizarreta Teresa A
Bought by
Zubizarreta Octavio E and Zubizarreta Teresa A
Source: Public Records

Range of Values:

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Average Value
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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
Perez Sergio M $875,000 None Available
Revocabl Zubizarreta Octavio E -- Attorney
Zubizarreta Octavio E $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Sergio M $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $875,000 -6.2% $354 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
09/13/2020 09/13/20 Price Changed $933,000 -6.6% $378 / Sq Ft
06/11/2020 06/11/20 Price Changed $999,000 -4.9% $405 / Sq Ft
02/12/2020 02/12/20 Price Changed $1,050,000 -8.7% $425 / Sq Ft
02/04/2020 02/04/20 For Sale $1,150,000 -- $466 / 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 $14,946 $651,931 -- --
2024 $14,874 $633,558 -- --
2023 $14,874 $615,105 $0 $0
2022 $14,535 $597,190 $0 $0
2021 $14,269 $579,797 $0 $0
2020 $19,545 $784,473 $594,000 $190,473
2019 $11,410 $449,059 $0 $0
2018 $11,065 $440,686 $0 $0
2017 $10,597 $431,622 $0 $0
2016 $10,156 $422,745 $0 $0
2015 $10,254 $419,807 $0 $0
2014 $10,312 $416,476 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10811763

MIAMI REALTORS® MLS

APN: 01-4114-007-0080