NOT LISTED FOR SALE

Estimated Value: $1,268,000 - $1,540,000

6 Beds
5.5 Baths
4,236 Sq Ft
$322/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $629,000 $148 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $9,227/month

9 Days on Market

Highlights

  • Lake Front
  • On Golf Course
  • Gated Community
  • Silver Palms Elementary School Rated A-
  • In Ground Pool
  • 11,530 Sq Ft lot

About This Home

As of October 2016

THIS HUGE HOME FEATURES 6 BEDROOMS/ 5 1/2 BATHROOMS WITH A CONVERTED 3 CAR GARAGE. OWNERS WILLING TO PUT GARAGE BACK IF REQUESTED. MAGNIFICENT VIEW OF THE GOLFCOURSE AND LAKE. THE MANY FEATURES OF THIS HOME ARE - ACCORDION SHUTTERS*MASTER BEDROOM ON FIRST FLOOR* 3 ADDITIONAL BEDROOMS WITH THEIR OWN BATHROOMS* MARBLE FLOORING IN MAIN LIVING AREA*WOOD CABINETRY IN KITCHEN OVERLOOKING FAMILY ROOM*LOTS OF STORAGE*PRIVATE LOCATION* NEW ROOF 2012*DRAMATIC SOARING CEILINGS*LOTS OF STORAGE THROUGHOUT

Last Agent to Sell the Property

Barbara Parlavecchio-Ortis

Keller Williams Realty SW License #0576568 Listed on: 07/18/2016

Keller Williams Realty SW

Last Buyer's Agent

Waqaas Merchant

Epic Capital Realty License #3285105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,645

Year Built

  • Built in 1993

Lot Details

  • 0.26 Acre Lot
  • 45 Ft Wide Lot
  • Lake Front
  • On Golf Course
  • East Facing Home
  • Fenced
  • Oversized Lot
  • Property is zoned PUD

HOA Fees

  • $197 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Converted Garage
  • Circular Driveway
  • Open Parking

Property Views

  • Lake
  • Golf Course
  • Pool

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,236 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 514016040090

Community Details

Overview

  • Grand Palms,Grand Palms/Laurels Subdivision
  • Mandatory home owners association
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,645

Year Built

Built in 1993

Lot Details

0

HOA Fees

$197 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: GRAND PALMS,GRAND PALMS/LAURELS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Entrance Foyer, Roman Tub, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Attic, Family Room, Garage Converted, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Entry Location: Foyer
  • Flooring: Carpet, Ceramic Floor, Marble
  • Furnished: Unfurnished
  • Living Area: 4236
  • Possible Use: Primary
  • Window Features: Hurricane Shutters, Blinds, Sliding
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Snack Bar/Counter
  • Living Room Features: Attic, Family Room, Garage Converted, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Golf Course, Lake, Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, On Golf Course, Oversized Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Features: In Ground, Pool/Spa Combo
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GRAND PALMS
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 197
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Additional Amenities, Gated Community, Mandatory Hoa
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 514016040090
  • Lot Size Sq Ft: 11530
  • Zoning: PUD
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 9645

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2016
Closed on
Oct 22, 2016
Sold by
Singh Amit Pal and Singh Damanjeet
Bought by
Merchant Shhnaz and Merchant Zafrullah
Seller's Agent
Barbara Parlavecchio-Ortis
Keller Williams Realty SW
Buyer's Agent
Waqaas Merchant
Epic Capital Realty
List Price
$639,900
Sold Price
$629,000
Premium/Discount to List
-$10,900
-1.7%
Current Estimated Value
$1,365,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,012
Avg. Annual Appreciation
9.04%
Original Mortgage
$350,000
Outstanding Balance
$280,768
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$1,084,244

Purchase Details

Closed on
Mar 31, 2005
Sold by
Rivas Maria T
Bought by
Singh Amit Pal and Singh Damanjeet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 1, 2004
Sold by
Krigsfeld Meyer and Krigsfeld Perla
Bought by
Rivas Maria T

Purchase Details

Closed on
Jul 20, 1993
Sold by
Cypress Pointe Grand Palms Ltd
Bought by
Krigsfeld Meyer and Krigsfeld Perla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
7.49%
Source: Public Records

Range of Values:

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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
Merchant Shhnaz $629,000 None Available
Singh Amit Pal $730,000 --
Rivas Maria T $627,500 --
Krigsfeld Meyer $388,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merchant Shhnaz $350,000
Previous Owner Singh Amit Pal $584,000
Previous Owner Krigsfeld Meyer $285,000
Closed Singh Amit Pal $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2016 10/31/16 Sold $629,000 -1.7% $148 / Sq Ft
09/07/2016 09/07/16 Price Changed $639,900 0.0% $151 / Sq Ft
09/07/2016 09/07/16 For Sale $639,900 -1.4% $151 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $649,000 -- $153 / 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 $21,516 $687,050 -- --
2024 $11,999 $667,690 -- --
2023 $11,999 $648,250 $0 $0
2022 $11,359 $629,370 $0 $0
2021 $11,219 $611,040 $0 $0
2020 $11,111 $602,610 $0 $0
2019 $10,973 $589,070 $0 $0
2018 $10,590 $578,090 $101,550 $476,540
2017 $10,706 $578,090 $0 $0
2016 $9,565 $467,710 $0 $0
2015 $9,645 $461,140 $0 $0
2014 $9,271 $438,800 $0 $0
2013 -- $437,460 $101,550 $335,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10117219

MIAMI REALTORS® MLS

APN: 51-40-16-04-0090