$1,250,000
SOLD DEC 31, 2018
0.5 Acre
$2,500,000 Price per Acre
21,780 Sq Ft Lot

Recently Sold

$235 Per Sq Ft

17% Below List Price

73 Days on Market

Highlights

  • Oak Trees
  • 0.5 Acre Lot
  • Complete Roll Down Shutters
  • David Fairchild Elementary School Rated A-
  • No HOA
  • 5-minute walk to Betsy Adams Park

About This Lot

As of December 2018

Both lots offer a beautiful 1/2 acre parcel (21,900 sqft) that is hard to find in Coral Gables. Main house has 4 beds and 3 baths and an attached 1 bed 1 bath. Although it needs to be updated, it offers many beautiful elements. Plenty of room for expansion & the lush garden includes some of the most amazing mature oaks you will ever see. 2 car garage, wood floors, large covered patio, library and unique details that combine modern architecture with the Gables Mediterranean style. Homes like this one rarely come to market in the Gables.

Last Agent to Sell the Property

Belinda Sime

Sime Realty Corporation License #0636344 Listed on: 09/24/2018

Last Buyer's Agent

Belinda Sime

Sime Realty Corporation License #0636344 Listed on: 09/24/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,000

Lot Details

  • 0.5 Acre Lot
  • North Facing Home
  • Oak Trees
  • Additional Parcels
  • Property is zoned 0100

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Coral Gables Riviera Sec Condos
  • Coral Gables Riviera Sec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-41-19-007-0511

Property Details

Property Type

Land

Est. Annual Taxes

$13,000

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.5
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: CORAL GABLES RIVIERA SEC
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Primary
  • Window Features: Complete RollDown Shutters

Exterior Features

  • Direction Faces: North
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot, Filled
  • Other Structures: Livable
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL GABLES RIVIERA SEC

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 03-41-19-007-0511
  • Additional Parcels: Yes
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 21900
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 13000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Dec 20, 2018
Sold by
Coral Gables Trust Co
Bought by
Correa Nicolas Carlos and Correa Cristina Rivera
Seller's Agent
Belinda Sime
Sime Realty Corporation
Buyer's Agent
Belinda Sime
Sime Realty Corporation
List Price
$1,498,000
Sold Price
$1,250,000
Premium/Discount to List
-$248,000
-16.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2015
Sold by
Manitzas Frank N
Bought by
Manitzas Frank N
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $1,250,000 Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,180,000 New Conventional
Closed $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 For Sale $3,998,000 +219.8% $1,251 / Sq Ft
12/31/2018 12/31/18 Sold $1,250,000 0.0% $235 / Sq Ft
12/31/2018 12/31/18 Sold $1,250,000 -16.6% $391 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
12/06/2018 12/06/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $1,498,000 0.0% $282 / Sq Ft
08/29/2018 08/29/18 For Sale $1,498,000 -- $469 / 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 $14,478 $421,410 $0 $0
2019 -- $998,706 $652,241 $346,465
2018 -- $1,076,922 $729,992 $346,930
2017 -- $476,360 $0 $0
2016 -- $466,563 $0 $0
2015 -- $463,320 $0 $0
2014 -- $459,643 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10543246

MIAMI REALTORS® MLS

APN: 03-4119-007-0511