NOT LISTED FOR SALE

12920 Old Cutler Rd Miami, FL 33156

Estimated Value: $1,372,000

3 Beds
3 Baths
2,618 Sq Ft
$524/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $1,500,000 $573 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,790/month

234 Days on Market

Highlights

  • Concrete Pool
  • 69,696 Sq Ft lot
  • Deck
  • Pinecrest Elementary School Rated A
  • Atrium Room
  • Wood Flooring

About This Home

As of August 2017

One of a Kind property in the City of Pinecrest comprising of 1.6 acres of prime land. This property offers the future owner a unique opportunity to build TWO homes. Two APPROVED lots by County Resolution dated May 6, 1974; and Waiver of Plat 9224 by County dated July 26, 1974. Located on Old Cutler Rd, near Gables by the Sea entrance. Current home offers 3 bedrooms, 3 baths, wooden floors throughout living areas. Lovely Atrium in the center of the home leading to large pool and fenced back yard. Adjacent home also for sale (additional 38,332 SqFt of land); combining for 2.5 acres of land - A10312369

Last Agent to Sell the Property

Ernesto Pentenero

GP Real Estate Advisors License #3244165 Listed on: 12/09/2016

Co-Listed By

Jose Garanton

GP Real Estate Advisors License #3241813

Last Buyer's Agent

Sonia Aragon

New Millennium Group License #508684

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,105

Year Built

  • Built in 1956

Lot Details

  • 1.6 Acre Lot
  • Northeast Facing Home
  • Fenced
  • Property is zoned EU-1

Parking

  • 2 Car Attached Garage
  • 6 Attached Carport Spaces
  • Circular Driveway
  • Open Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,618 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Atrium Room
  • Pool Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rockdale Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-50-13-008-0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,105

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Carport Y N: Yes
  • Co List Office Mls Id: CPTL01
  • Co List Office Phone: 305-329-1470
  • Directions: West of Old Cutler Rd on SW 129 Terrace. MUST WATCH VIRTUAL TOUR!
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Rockdale Estates
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, French Doors, Atrium, Den/Library/Office, Family Room
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 2618
  • Possible Use: Investment
  • Window Features: Casement, Drapes
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Atrium, Den/Library/Office, Family Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Concrete
  • View: Pool
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Deck, Open Porch
  • Pool Features: In Ground, Concrete, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Rockdale Estates
  • Carport Spaces: 6
  • Covered Parking Spaces: 8
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer, Septic Tank
  • Water Source: Municipal Water, Well
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • 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: 20-50-13-008-0050
  • Lot Size Sq Ft: 69696
  • Zoning: EU-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 11105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2016
Closed on
Aug 23, 2017
Sold by
Elder David R and Elder Fredrica B
Bought by
12920 Old Cutler Road Llc
Seller's Agent
Ernesto Pentenero
GP Real Estate Advisors
Buyer's Agent
Sonia Aragon
New Millennium Group
List Price
$1,700,000
Sold Price
$1,500,000
Premium/Discount to List
-$200,000
-11.76%
Current Estimated Value
$1,372,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$128,000
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
12920 Old Cutler Road Llc $1,500,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elder David R $650,000
Previous Owner Elder David R $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2017 08/24/17 Sold $1,500,000 -11.8% $573 / Sq Ft
12/09/2016 12/09/16 For Sale $1,700,000 -- $649 / 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
2020 $18,912 $1,019,304 $1,019,304 $0
2019 -- $1,132,560 $1,132,560 $0
2018 -- $1,152,829 $1,132,560 $20,269
2017 -- $637,069 $0 $0
2016 -- $623,966 $0 $0
2015 -- $619,629 $0 $0
2014 -- $614,712 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10191441

MIAMI REALTORS® MLS

APN: 20-5013-008-0050