NOT LISTED FOR SALE

Estimated Value: $2,056,000 - $2,274,000

4 Beds
3 Baths
4,261 Sq Ft
$511/Sq Ft Est. Value

Last Sold August 28, 2017

Last sale price $975,000 $229 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $12,907/month

50 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Sitting Area In Primary Bedroom
  • Howard Drive Elementary School Rated A-
  • Outdoor Pool
  • Gated Community

About This Home

As of August 2017

Guard gated Coral Gables boating community of Kings Bay. Beautiful home with open floor plan, 4 bedrooms, 3 baths, 2 car garage, 2 car porte cochere & room in back for boat(s). Lots of windows & light. Master bedroom with office/den on first floor and 3 bedrooms, extra living area & inviting outdoor patio upstairs. 44" boat slip being sold separately. Residents have access to private marina thru Deering Bay with overnight dockage & boat ramp. Great school district. No bridge to bay. Voluntary Association.

Last Agent to Sell the Property

Marilyn Cromer

Douglas Elliman License #0535679 Listed on: 05/11/2017

Douglas Elliman

Last Buyer's Agent

Eliot Rodriguez

Compass Florida, LLC License #3222371

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,657

Year Built

  • Built in 1955

Lot Details

  • 0.36 Acre Lot
  • Waterfront
  • Northeast Facing Home
  • Fenced
  • Corner Lot
  • Property is zoned 10 /S FM

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Automatic Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,261 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Plantation Shutters
  • French Doors
  • Family or Dining Combination
  • Loft
  • Utility Room in Garage

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry in Garage
  • Dryer

Pool

  • Outdoor Pool
  • Fence Around Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Exterior Lighting

Schools

  • Howard Drive Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 03-50-24-002-1280

Community Details

Overview

  • No Home Owners Association
  • Kings Bay Sub Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Boating

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,657

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Community Boat Ramp
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: KINGS BAY SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, French Doors, Pantry, Split Bedroom, Vaulted Ceiling(s), Family Room, Loft, Utility/Laundry In Garage
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 4261
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Plantation Shutters
  • Bedroom Features: Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Eat-In Kitchen, Family/Dining Combination
  • Living Room Features: Family Room, Loft, Utility/Laundry In Garage
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • Roof: Shingle
  • View: Garden, Pool
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot
  • Patio And Porch Features: Open Balcony, Screened Porch
  • Pool Features: Screen Enclosure
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: KINGS BAY SUB
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway, Covered, Paver Block

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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: Howard Drive
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 03-50-24-002-1280
  • Lot Size Sq Ft: 15600
  • Zoning: 10 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 15657

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
Aug 25, 2017
Sold by
Tavares Luiz Claudio Martins and Franchi Flavia
Bought by
Leon Luis A and Mendizabal Suzanne Suaree
Seller's Agent
Marilyn Cromer
Douglas Elliman
Buyer's Agent
Eliot Rodriguez
Compass Florida, LLC
List Price
$999,000
Sold Price
$975,000
Premium/Discount to List
-$24,000
-2.4%
Current Estimated Value
$2,178,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,203,136
Avg. Annual Appreciation
10.16%
Original Mortgage
$731,250
Outstanding Balance
$640,094
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,538,042

Purchase Details

Listed on
Jan 22, 2014
Closed on
Oct 20, 2014
Sold by
Burke William R
Bought by
Tavares Luiz Claudio Martins and Franchi Flavia
Seller's Agent
Desiree Lira
Onyx Realty
Buyer's Agent
Virginia Lattanzi
Luft Realty
List Price
$999,000
Sold Price
$925,000
Premium/Discount to List
-$74,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%
Original Mortgage
$460,000
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leon Luis A $975,000 Sun City Title Inc
Tavares Luiz Claudio Martins $925,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon Luis A $731,250
Previous Owner Tavares Luiz Claudio Martins $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2017 08/28/17 Sold $975,000 -2.4% $229 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $999,000 0.0% $234 / Sq Ft
06/20/2017 06/20/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $999,000 +8.0% $234 / Sq Ft
10/21/2014 10/21/14 Sold $925,000 -2.6% $217 / Sq Ft View Prior Sale
06/17/2014 06/17/14 Pending -- -- --
05/14/2014 05/14/14 Price Changed $950,000 -5.0% $223 / Sq Ft
02/28/2014 02/28/14 Price Changed $1,000,000 +0.1% $235 / Sq Ft
01/22/2014 01/22/14 For Sale $999,000 -- $234 / 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 $17,402 $875,299 -- --
2024 $17,405 $850,631 -- --
2023 $17,405 $828,831 $0 $0
2022 $16,015 $804,691 $0 $0
2021 $16,878 $781,254 $340,425 $440,829
2020 $17,019 $786,813 $340,425 $446,388
2019 $17,923 $792,370 $340,425 $451,945
2018 $17,253 $781,863 $324,360 $457,503
2017 $16,622 $779,248 $0 $0
2016 $15,658 $763,221 $0 $0
2015 $16,024 $735,712 $0 $0
2014 $10,393 $485,597 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10275558

MIAMI REALTORS® MLS

APN: 03-5024-002-1280