NOT LISTED FOR SALE

12550 Pine Needle Ln Miami, FL 33156

Estimated Value: $5,838,000 - $7,451,000

6 Beds
6.5 Baths
2,928 Sq Ft
$2,214/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $4,100,000 $1,400 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $40,064/month

27 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Maid or Guest Quarters
  • Pinecrest Elementary School Rated A
  • RV or Boat Parking
  • Deck

About This Home

As of October 2018

Rare combination of modern open-space living with warm colors and textures makes for this cool Family Loft. Fully geared up with all the technical features, spectacular tropical backyard , multiple covered terraces, an oversized pool/ hot tub and a wooden pool deck for great entertaining and vacation-like family moments. Great location in very charming neighborhood, close to best schools, parks, Marinas and an elegant country club. Highest standards include German kitchen & appliances, natural stone from Spain, Oak wood flooring, glass railings, Sonos sound system, TV surround system, generator, etc. Parking for 5 cars. Option for separate apartment. This house has got it all. Barely used feels like new construction and is move-in ready.

Last Agent to Sell the Property

Herman Chavez

Village Realty of S. Florida License #3011208 Listed on: 09/05/2018

Last Buyer's Agent

Tracey Spiegelman

Shelton and Stewart REALTORS License #0677642

Shelton and Stewart REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,926

Year Built

  • Built in 2016

Lot Details

  • 0.93 Acre Lot
  • East Facing Home
  • Fenced
  • Property is zoned 2300

Parking

  • 3 Car Attached Garage
  • 2 Attached Carport Spaces
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking
  • RV or Boat Parking

Property Views

  • Garden
  • Pool

Home Design

  • Studio
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • Formal Dining Room
  • Home Theater
  • Den

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Intercom Access
  • Security System Owned
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Deck
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Pinecrest Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • No Home Owners Association
  • Town & Ranch Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-50-13-003-0940

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,926

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TOWN & RANCH ESTS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Gas Range, Refrigerator, Washer, Water Softener Owned
  • Interior Amenities: Built-in Features, Closet Cabinetry, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Maid/In-Law Quarters, Media Room, Studio Apartment, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Marble, Wood
  • Furnished: Partially, Unfurnished
  • Other Equipment: Automatic Garage Door Opener, Intercom
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Maid/In-Law Quarters, Media Room, Studio Apartment, Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Other
  • View: Garden, Pool
  • Exterior Features: Built-In Grill, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Features: In Ground, Gunite
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TOWN & RANCH ESTS
  • Carport Spaces: 2
  • Covered Parking Spaces: 5
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway, Rv/Boat Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Owned Burglar Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 20-50-13-003-0940
  • Lot Size Sq Ft: 40336
  • Zoning: 2300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 35926

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2018
Closed on
Oct 25, 2018
Sold by
Reuther Thomas and Reuther Karin
Bought by
Yaffa Andrew B and Yaffa Romy J
Seller's Agent
Herman Chavez
Village Realty of S. Florida
Buyer's Agent
Tracey Spiegelman
Shelton and Stewart REALTORS
List Price
$4,185,000
Sold Price
$4,100,000
Premium/Discount to List
-$85,000
-2.03%
Current Estimated Value
$6,481,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,381,892
Avg. Annual Appreciation
6.92%
Original Mortgage
$2,000,000
Outstanding Balance
$1,727,525
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,754,367

Purchase Details

Closed on
Sep 12, 2016
Sold by
Treuko Pine Needle Lane Llc
Bought by
Reuther Thomas and Reuther Karin

Purchase Details

Listed on
Apr 1, 2013
Closed on
Mar 29, 2013
Sold by
Vargas Rene J and Vargas Clarissa M
Bought by
Treuko Pine Needle Lane Llc
Seller's Agent
Marilu Chavez
MMLS Assoc.-Inactive Member
Buyer's Agent
Lourdes Maestres
Compass Florida, LLC
Sold Price
$6,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.13%

Purchase Details

Closed on
Oct 15, 2011
Sold by
Abell Charles G and Abell Jennifer Paul
Bought by
Vargas Rene J and Vargas Clarissa M
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
Yaffa Andrew B $4,100,000 Attorney
Reuther Thomas -- Attorney
Treuko Pine Needle Lane Llc $1,125,000 Attorney
Vargas Rene J $920,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yaffa Andrew B $2,000,000
Previous Owner Reuther Thomas Georg $500,000
Previous Owner Abell Charles G $111,695
Previous Owner Abell Charles Gerald $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $4,100,000 0.0% $1,400 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
09/22/2018 09/22/18 Off Market $4,100,000 -- --
09/04/2018 09/04/18 For Sale $4,185,000 0.0% $1,429 / Sq Ft
04/01/2013 04/01/13 Rented $6,600 -4.3% --
04/01/2013 04/01/13 For Rent $6,900 0.0% --
03/29/2013 03/29/13 Sold $1,125,000 -5.9% $384 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $1,195,000 -- $408 / 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 $57,766 $3,378,653 -- --
2024 $56,084 $3,283,434 -- --
2023 $56,084 $3,187,800 $0 $0
2022 $54,384 $3,094,952 $0 $0
2021 $54,051 $3,004,808 $0 $0
2020 $53,455 $2,963,322 $0 $0
2019 $52,526 $2,896,698 $0 $0
2018 $35,533 $2,011,102 $806,720 $1,204,382
2017 $35,926 $2,023,289 $0 $0
2016 $14,545 $772,323 $0 $0
2015 $17,549 $918,460 $0 $0
2014 $17,836 $914,372 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    Herman Chavez

    Village Realty of S. Florida

    (305) 378-0292

    2 in this area

    20 Total Sales

    Herman Chavez
    Section Image
  • Tracey Spiegelman

    Buyer's Agent in 2018

    Tracey Spiegelman

    Shelton and Stewart REALTORS

    (786) 356-9228

    5 in this area

    16 Total Sales

    Tracey Spiegelman
    Section Image

  • M

    Seller's Agent in 2013

    Marilu Chavez

    MMLS Assoc.-Inactive Member

  • Mauricio Barba

    Seller's Agent in 2013

    Mauricio Barba

    Compass Florida, LLC

    (305) 439-8311

    6 in this area

    98 Total Sales

    Mauricio Barba
    Section Image
  • Lourdes Maestres

    Buyer's Agent in 2013

    Lourdes Maestres

    Compass Florida, LLC

    (954) 247-1172

    324 Total Sales

    Lourdes Maestres
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10531683

MIAMI REALTORS® MLS

APN: 20-5013-003-0940

Florida Miami/Dade County Miami 33156

12550 Pine Needle Ln, Miami, FL

This home is located at 12550 Pine Needle Ln, Miami, FL 33156 since 05 September 2018 and is currently estimated at $6,481,892, approximately $2,213 per square foot. This property was built in 2016. 12550 Pine Needle Ln 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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