NOT LISTED FOR SALE

1320 Lugo Ave Coral Gables, FL 33156

Gables By The Sea Neighborhood

Estimated Value: $4,019,715 - $5,967,000

4 Beds
3 Baths
3,084 Sq Ft
$1,681/Sq Ft Est. Value

Last Sold January 17, 2013

Last sale price $1,000,000 $324 Per Sq Ft

Est. 404% increase in value since last sale

Current estimated payment $33,292/month

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • Pinecrest Elementary School Rated A
  • Boating
  • 1-minute walk to Coral Bay Park

About This Home

As of January 2013

Yachtsman Paradise in Gables by the Sea. Rare find with 20,873 sq ft lot in upscale waterfront community, 24/7 security. Remodeled or rebuild its a great buy! SHORT SALE and must have approval letter with all offers. Sold AS IS.

Last Agent to Sell the Property

Minnie Lauderdale

MMLS Assoc.-Inactive Member License #0512757 Listed on: 06/28/2012

Last Buyer's Agent

MAR NON-MEMBER

NO MLS PARTICIPATION (MAR) License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,068

Year Built

  • Built in 1960

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 100x121
  • Waterfront
  • North Facing Home
  • Property is zoned 8 /S FM

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Canal
  • Pool

Home Design

  • Ranch Style House
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,084 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Utility Room in Garage
  • Laundry in Garage
  • Marble Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Seawall
  • Private Dock

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-007-0040

Community Details

Overview

  • No Home Owners Association
  • Coral Bay Sec C Subdivision

Recreation

  • Boating

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,068

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Ranch
  • Directions: OLD CUTLER RD SOUTH, EAST ON LUGO AVE (SW 128 ST) TO PROPERTY.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size: 100x121
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: CORAL BAY SEC C
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Family Room, Utility/Laundry In Garage
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Marble, Other
  • Furnished: Unfurnished
  • Living Area: 3084
  • Possible Use: Unknown/Withheld
  • Window Features: Other Windows
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room, Utility/Laundry In Garage

Exterior Features

  • Roof: Flat Tile
  • View: Canal, Pool
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Disclosures: Disclosure
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CORAL BAY SEC C
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: In Garage

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 03-51-18-007-0040
  • Lot Size Sq Ft: 20873
  • Zoning: 8 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 24068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2016
Sold by
Canals Matilde M
Bought by
Canals Matilde M and Canals Pablo E
Current Estimated Value
$5,037,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.3%

Purchase Details

Listed on
Jun 28, 2012
Closed on
Jan 17, 2013
Sold by
Ceballos Cesar and Weintraub Ceballos Claire
Bought by
Canals Matilda M
Seller's Agent
Minnie Lauderdale
MMLS Assoc.-Inactive Member
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$1,099,000
Sold Price
$1,000,000
Premium/Discount to List
-$99,000
-9.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%

Purchase Details

Closed on
May 9, 2006
Sold by
Pons Francisco and Pons Elizabeth
Bought by
Ceballos Cesar and Weintraub Ceballos Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 2, 2004
Sold by
Santisteban Ltd
Bought by
Pons Francisco and Pons Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,000
Interest Rate
5.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 9, 2002
Sold by
Carlos Santisteban M and Silvia Santisteban M
Bought by
Santisteban Ltd

Purchase Details

Closed on
May 2, 1994
Sold by
Swope Ione Turner
Bought by
Swope Ione Turner
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
Canals Matilde M $100 --
Canals Matilda M $1,000,000 Complete Title Solutions
Ceballos Cesar $2,509,900 Attorney
Pons Francisco $1,410,000 --
Santisteban Ltd $900,000 --
Swope Ione Turner -- --
Swope Ione Turner -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canals Pablo E $500,000
Closed Santisteban Carlos --
Previous Owner Ceballos Cesar E $250,000
Previous Owner Ceballos Cesar $2,000,000
Previous Owner Pons Francisco $987,000
Previous Owner Santisteban Carlos $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2013 01/17/13 Sold $1,000,000 -9.0% $324 / Sq Ft
06/28/2012 06/28/12 For Sale $1,099,000 -- $356 / Sq Ft
06/08/2012 06/08/12 Pending -- -- --
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 $65,672 $2,930,662 -- --
2024 $57,605 $2,664,239 -- --
2023 $57,605 $2,422,036 $0 $0
2022 $45,972 $2,201,851 $0 $0
2021 $42,637 $2,155,418 $0 $0
2020 $42,494 $2,145,449 $1,859,784 $285,665
2019 $42,594 $2,145,449 $1,859,784 $285,665
2018 $45,593 $2,359,438 $2,066,427 $293,011
2017 $41,783 $2,171,677 $0 $0
2016 $34,011 $1,452,000 $0 $0
2015 $43,582 $2,027,867 $0 $0
2014 $37,531 $1,843,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Minnie Lauderdale

    MMLS Assoc.-Inactive Member

  • M

    Buyer's Agent in 2013

    MAR NON-MEMBER

    NO MLS PARTICIPATION (MAR)

    611 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1658733

MIAMI REALTORS® MLS

APN: 03-5118-007-0040

Florida Miami/Dade County Coral Gables 33156 Gables By The Sea

1320 Lugo Ave, Coral Gables, FL

This home is located at 1320 Lugo Ave, Coral Gables, FL 33156 since 28 June 2012 and is currently estimated at $5,184,429, approximately $1,681 per square foot. This property was built in 1960. 1320 Lugo Ave 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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