NOT LISTED FOR SALE

12937 Banyan Rd North Miami, FL 33181

Keystone Point Neighborhood

Estimated Value: $1,691,352 - $2,326,000

4 Beds
2 Baths
1,778 Sq Ft
$1,088/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $850,000 $478 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $12,028/month

50 Days on Market

Highlights

  • Property has ocean access
  • Home Theater
  • Waterfront
  • Deeded Boat Dock
  • Gated Community
  • Clubhouse

About This Home

As of October 2019

Keystone Island Waterfront, Oversized Corner Lot,
Direct Ocean Access, No Fixed Bridges to the Bay. 76 Ft of Dockage.
Completely remodeled New as Follows:
24' Travertine Flooring Throughout,
All New Bright White kitchen with Stainlaess Steel Appliances,
New Porcelan Bathrooms, New Central A/C, Tankless Hot Water Heater,
Large Backyard for a Pool, Beautiful Mature Tropical Coconut Palms.
Vacant E-Z to See.

Last Agent to Sell the Property

Jeff Tomlinson

Tomlinson Realty Group License #0439112 Listed on: 08/15/2019

Last Buyer's Agent

Jason Theriot

Keller Williams Realty Premier Properties License #3353752

Keller Williams Realty Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,846

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 76x114
  • Waterfront
  • West Facing Home
  • Property is zoned 9 /S FM

Home Design

  • Ranch Style House
  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,778 Sq Ft Home
  • Built-In Features
  • Blinds
  • French Doors
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Sun or Florida Room
  • Marble Flooring
  • Water Views
  • Complete Panel Shutters or Awnings

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Deeded Boat Dock
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 06-22-28-012-0350

Community Details

Overview

  • No Home Owners Association
  • Keystone Point Subdivision

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,846

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Mediterranean, Ranch
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Dock,Dock Available,Private Dock,Unrestricted Salt Water Access
  • Lot Size: 76x114
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: KEYSTONE POINT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, French Doors, 3 Bedroom Split, Walk-In Closet(s), Den/Library/Office, Family Room, Florida Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1778
  • Possible Use: Primary
  • Window Features: Complete Panel Shutters/Awnings, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room, Utility Room/Laundry

Exterior Features

  • Roof: Barrel Roof
  • View: Water
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KEYSTONE POINT
  • Open Parking: Yes
  • Parking Features: Driveway, Slab/Strip

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Clubhouse, Gated Community

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 06-22-28-012-0350
  • Zoning: 9 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9846

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Oct 5, 2019
Sold by
Wizman Steven and Ortega Jennifer C
Bought by
Rios Jorge Luis and Rios Barbara
Seller's Agent
Jeff Tomlinson
Tomlinson Realty Group
Buyer's Agent
Jason Theriot
Keller Williams Realty Premier Properties
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%
Current Estimated Value
$1,933,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,083,838
Avg. Annual Appreciation
14.76%
Original Mortgage
$680,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2012
Sold by
Wizman Steven and Ortega Jennifer C
Bought by
Wizman Steven and Ortega Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 28, 2010
Sold by
Bankunited
Bought by
Wizman Steven

Purchase Details

Closed on
Oct 2, 2009
Sold by
Cahan Benjamin Z
Bought by
Bankunited Fsb

Purchase Details

Closed on
Apr 12, 2004
Sold by
Marks Kimberly S and Marks Ruth
Bought by
Cahan Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
1%
Mortgage Type
Unknown
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
Rios Jorge Luis $850,000 Attorney
Wizman Steven $126,300 Attorney
Wizman Steven $470,000 Attorney
Bankunited Fsb -- None Available
Cahan Benjamin $525,000 Old Florida Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rios Jorge Luis $400,000
Closed Rios Jorge L $548,250
Closed Rios Jorge Luis $680,000
Previous Owner Wizman Steven $415,000
Previous Owner Wizman Steven $417,000
Previous Owner Wizman Steven $270,000
Previous Owner Wizman Steven $250,000
Previous Owner Cahan Benjamin Z $74,318
Previous Owner Cahan Benjamin $200,000
Previous Owner Cahan Benjamin $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2019 10/06/19 Pending -- -- --
10/04/2019 10/04/19 Sold $850,000 -2.9% $478 / Sq Ft
08/15/2019 08/15/19 For Sale $875,000 0.0% $492 / Sq Ft
07/15/2016 07/15/16 Rented $4,000 -11.1% --
06/14/2016 06/14/16 Price Changed $4,500 +12.5% $3 / Sq Ft
06/10/2016 06/10/16 For Rent $4,000 -- --
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 $21,780 $1,009,202 -- --
2024 $21,200 $980,760 -- --
2023 $21,200 $952,195 $0 $0
2022 $20,571 $743,129 $0 $0
2021 $16,413 $675,572 $563,287 $112,285
2020 $17,838 $736,182 $623,817 $112,365
2019 $17,094 $794,512 $623,817 $170,695
2018 $15,798 $794,629 $623,817 $170,812
2017 $14,920 $545,993 $0 $0
2016 $13,853 $496,358 $0 $0
2015 $13,032 $451,235 $0 $0
2014 $10,763 $410,214 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Tomlinson

    Seller's Agent in 2019

    Jeff Tomlinson

    Tomlinson Realty Group

    (305) 895-5248

    10 in this area

    41 Total Sales

    Jeff Tomlinson
    Section Image
  • Jason Theriot

    Buyer's Agent in 2019

    Jason Theriot

    Keller Williams Realty Premier Properties

    (504) 228-5115

    53 Total Sales

    Jason Theriot
    Section Image

  • A

    Seller's Agent in 2016

    Ashley Fels

    Miami Waterfront Realty

  • Sheri Borchardt

    Buyer's Agent in 2016

    Sheri Borchardt

    One Sotheby's International Re

    (786) 218-5278

    13 Total Sales

    Sheri Borchardt
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10724163

MIAMI REALTORS® MLS

APN: 06-2228-012-0350

Florida Miami/Dade County North Miami 33181 Keystone Point

12937 Banyan Rd, North Miami, FL

This home is located at 12937 Banyan Rd, North Miami, FL 33181 since 15 August 2019 and is currently estimated at $1,933,838, approximately $1,087 per square foot. This property was built in 1955. 12937 Banyan Rd is a home located in Miami-Dade County with nearby schools including David Lawrence Jr. K-8 Center, North Miami Middle School, and Alonzo & Tracy Mourning 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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