NOT LISTED FOR SALE

12601 Old Cutler Rd Miami, FL 33156

Estimated Value: $3,230,000 - $3,557,000

5 Beds
4.5 Baths
4,783 Sq Ft
$710/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $1,525,000 $319 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $20,499/month

101 Days on Market

Highlights

  • 1 Bedroom Guest House
  • Home Theater
  • Deck
  • Pinecrest Elementary School Rated A
  • In Ground Pool
  • Vaulted Ceiling

About This Home

As of August 2020

Enchanting Euro-style residence located on historic Old Cutler Rd in the Gables-by-the Sea area. Walled + gated for privacy, the home offers a split BR plan and expansive living areas. Sited on a 37,000 SF lot, it offers access from the rear road in addition to the main entry on Old Cutler. The measured openness of the interior and the significant use of windows/doors (impact) blend inside and outside living. Newly expanded/added is the 5th BR with en-suite bath + another 2-car garage. Access to this newly added area is via the heavenly loggia connecting both areas of the estate. Schools + parks are all a short distance away! No flood zone! Virtual walkthrough now available! https://my.matterport.com/show/?m=a6oUTHqiumm&brand=0

Last Agent to Sell the Property

Mauricio Barba

Compass Florida, LLC License #0609428 Listed on: 03/16/2020

Compass Florida, LLC

Last Buyer's Agent

Mauricio Barba

Compass Florida, LLC License #0609428 Listed on: 03/16/2020

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,362

Year Built

  • Built in 1975

Lot Details

  • 0.85 Acre Lot
  • West Facing Home
  • Fenced
  • Corner Lot
  • Irregular Lot
  • Property is zoned 0100

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,783 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Awning
  • Blinds
  • French Doors
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House
  • Guest House Has A Garage

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Tank Leased
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Coral Bay Sec A Amd Pl Subdivision, Custom Floorplan
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-005-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,362

Year Built

Built in 1975

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • Master Model: Custom
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: CORAL BAY SEC A AMD PL
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom, Garage
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, French Doors, 3 Bedroom Split, Volume Ceilings, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Media Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors, French Doors
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 4783
  • Other Equipment: Automatic Garage Door Opener, Gas Tank Leased
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Media Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden, Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot, Corner Lot, Irregular Lot
  • Patio And Porch Features: Awning(s), Deck, Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CORAL BAY SEC A AMD PL
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Paver Block, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 03-51-18-005-0010
  • Lot Size Sq Ft: 37000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 19362

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2020
Closed on
Jul 24, 2020
Sold by
Neonakis Nicholas and Neonakis Stephanie
Bought by
Paredes Kennedy Jose and Paredes Kennedy Nicole
Seller's Agent
Mauricio Barba
Compass Florida, LLC
Buyer's Agent
Mauricio Barba
Compass Florida, LLC
List Price
$1,595,000
Sold Price
$1,525,000
Premium/Discount to List
-$70,000
-4.39%
Current Estimated Value
$3,397,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,872,659
Avg. Annual Appreciation
17.30%
Original Mortgage
$1,143,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2014
Closed on
Jul 16, 2015
Sold by
Prieto Edward C and Prieto Catherine L
Bought by
Neonakis Nicholas and Neonakis Stephanie
Seller's Agent
Brittney Sunset
Brown Harris Stevens
Buyer's Agent
Laura Barreto Haney
Brown Harris Stevens
List Price
$1,579,000
Sold Price
$1,300,000
Premium/Discount to List
-$279,000
-17.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Original Mortgage
$1,000,000
Interest Rate
3.92%
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
Paredes Kennedy Jose $1,525,000 Attorney
Neonakis Nicholas $1,300,000 Rtc Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Jose Paredes $2,800,000
Closed Paredes-Kennedy Nicole M $2,000,000
Closed Paredes-Kennedy Jose $400,000
Closed Paredes Kennedy Jose $1,143,750
Previous Owner Neonakis Nicholas $1,000,000
Previous Owner Prieto Edward C $943,000
Previous Owner Prieto Edward C $500,000
Previous Owner Prieto Edward C $395,000
Previous Owner Prieto Edward C $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $1,525,000 -4.4% $319 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $1,595,000 0.0% $333 / Sq Ft
03/15/2019 03/15/19 Rented $7,500 -3.8% --
02/22/2019 02/22/19 Under Contract -- -- --
11/27/2018 11/27/18 For Rent $7,800 0.0% --
07/17/2015 07/17/15 Sold $1,300,000 -13.3% $273 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
01/27/2015 01/27/15 Price Changed $1,499,000 -5.1% $315 / Sq Ft
10/24/2014 10/24/14 For Sale $1,579,000 -- $332 / 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 $23,832 $1,352,800 -- --
2024 $23,628 $1,314,675 -- --
2023 $23,628 $1,276,384 $0 $0
2022 $22,895 $1,239,208 $0 $0
2021 $22,844 $1,203,115 $518,925 $684,190
2020 $23,824 $1,211,447 $518,925 $692,522
2019 $20,170 $1,062,604 $518,925 $543,679
2018 $19,071 $1,069,380 $518,925 $550,455
2017 $19,440 $1,075,760 $0 $0
2016 $19,969 $1,082,533 $0 $0
2015 $16,300 $874,275 $0 $0
2014 $16,520 $867,337 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10834687

MIAMI REALTORS® MLS

APN: 03-5118-005-0010