NOT LISTED FOR SALE

Estimated Value: $1,924,000 - $2,428,000

5 Beds
3 Baths
3,667 Sq Ft
$600/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $1,800,000 $491 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $14,464/month

41 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Marble Flooring
  • Howard Drive Elementary School Rated A-
  • Vaulted Ceiling
  • Garden View

About This Home

As of July 2022

Florida dreaming in this fabulous updated home in the sought-after Kings Bay gated community in Coral Gables. The newly updated spacious and airy split-floor plan in this 4,000 sf space feels bright and welcoming. 5 bedrooms, (2 primary suites), plus an office and 3 full bathrooms, marble flooring throughout, an eat-in kitchen with new stainless steel appliances, and a laundry room. Light-filled interiors feature soaring vaulted ceilings, and beautiful French doors beckon you to the pool area and spacious backyard, a comfortable spot to relax with a morning cup of coffee or watch the sunset. The shaded covered patio is perfect for enjoying the outdoors and entertaining. A wonderful place to call home. This community has riparian rights to the Deering Bay Marina boat ramp.

Last Agent to Sell the Property

Marilyn Cromer

Douglas Elliman License #0535679 Listed on: 04/26/2022

Douglas Elliman

Co-Listed By

Deena Cromer

Douglas Elliman License #3454380

Last Buyer's Agent

Sylvia Rivera

BHHS EWM Realty License #3441292

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,859

Year Built

  • Built in 1973

Lot Details

  • 0.35 Acre Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $48 Monthly HOA Fees

Property Views

  • Garden
  • Pool

Home Design

  • Flat Tile Roof

Interior Spaces

  • 3,667 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Marble Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Circular Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 03-50-24-002-1070

Community Details

Overview

  • Kings Bay Sub Subdivision
  • Maintained Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,859

Year Built

Built in 1973

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: DEOM19
  • Co List Office Phone: 305-695-6060
  • Garage Yn: No
  • Horses: No
  • 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, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Entrance Foyer, French Doors, Vaulted Ceiling(s), Walk-In Closet(s), Family Room, Other, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3667
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level, Master Bath Shower
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Other, Utility Room/Laundry

Exterior Features

  • Roof: Flat Tile
  • View: Garden, Pool
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: KINGS BAY SUB
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 145
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Gated, Maintained Community, Paved Road
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Howard Drive
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 03-50-24-002-1070
  • Lot Size Sq Ft: 15150
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 15859

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jul 7, 2022
Sold by
Tamer Younis Ramzi and Tamer Dina
Bought by
Corr Alexander Quinn
Seller's Agent
Marilyn Cromer
Douglas Elliman
Buyer's Agent
Sylvia Rivera
BHHS EWM Realty
List Price
$2,255,000
Sold Price
$1,800,000
Premium/Discount to List
-$455,000
-20.18%
Current Estimated Value
$2,201,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,048
Avg. Annual Appreciation
7.47%
Original Mortgage
$900,000
Outstanding Balance
$852,480
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,416,096

Purchase Details

Listed on
Sep 14, 2021
Closed on
Dec 30, 2021
Sold by
David Meunier
Bought by
Younis Ramzi Tamer and Younis Dina
Seller's Agent
Judith Zeder
Coldwell Banker Realty
Buyer's Agent
Judith Zeder
Coldwell Banker Realty
List Price
$900,000
Sold Price
$1,000,000
Premium/Discount to List
$100,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
224.00%
Original Mortgage
$750,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2008
Sold by
Countrywide Home Loans Inc
Bought by
Meunier David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 17, 2007
Sold by
Vilaca Renato Tusi
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Jul 19, 2006
Sold by
Zayas Dayalin
Bought by
Vilaca Renato Tusi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2005
Sold by
Ramis Michelle
Bought by
Zayas Dayalin

Purchase Details

Closed on
Dec 1, 2004
Sold by
Ajabshir Mehdi and Ajabshir Soheila
Bought by
Ramis Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 23, 1996
Sold by
Dominguez Luis
Bought by
Ajabshir Mehdi and Ajabshir Soheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,448
Interest Rate
8.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 1994
Sold by
A & 1 Mgmt Corp
Bought by
Dominguez Luis
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 Buyer Sale Price Title Company
Corr Alexander Quinn $1,800,000 Markowitz Ringel Trusty & Hart
Younis Ramzi Tamer $1,000,000 Assure America Title
Meunier David $670,000 Landsafe Title Of Fl Inc
Countrywide Home Loans Inc -- None Available
Vilaca Renato Tusi $1,000,000 Attorney
Zayas Dayalin -- --
Ramis Michelle $850,000 Allstate Title & Escrow
Ajabshir Mehdi $350,000 --
Dominguez Luis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corr Alexander Quinn $900,000
Previous Owner Younis Ramzi Tamer $750,000
Previous Owner Meunier David $500,000
Previous Owner Vilaca Renato Tusi $800,000
Previous Owner Zayas Dayalin $100,000
Previous Owner Ramis Michelle $750,000
Previous Owner Ajabshir Mehdi $321,360
Previous Owner Ajabshir Mehdi $100,000
Previous Owner Ajabshir Mehdi $255,448
Closed Ramis Michelle $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $1,800,000 -10.0% $491 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/10/2022 05/10/22 Price Changed $1,999,000 -11.4% $545 / Sq Ft
04/26/2022 04/26/22 For Sale $2,255,000 +125.5% $615 / Sq Ft
01/04/2022 01/04/22 Sold $1,000,000 +11.1% $273 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $900,000 0.0% $245 / Sq Ft
07/21/2020 07/21/20 Rented $4,900 -2.0% --
04/21/2020 04/21/20 For Rent $5,000 -- --
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 $33,511 $1,682,857 $904,501 $778,356
2024 $30,014 $1,767,376 $979,876 $787,500
2023 $30,014 $1,527,931 $731,138 $796,793
2022 $19,477 $903,616 $452,250 $451,366
2021 $15,859 $686,437 $335,419 $351,018
2020 $15,081 $691,112 $335,419 $355,693
2019 $15,203 $695,787 $335,419 $360,368
2018 $14,571 $684,632 $319,590 $365,042
2017 $14,822 $689,307 $0 $0
2016 $14,546 $664,585 $0 $0
2015 $13,802 $613,720 $0 $0
2014 $12,678 $557,928 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11192651

MIAMI REALTORS® MLS

APN: 03-5024-002-1070