NOT LISTED FOR SALE

1560 Palermo Ave Coral Gables, FL 33134

Country Club Section Neighborhood

Estimated Value: $907,000 - $1,360,000

3 Beds
2 Baths
1,754 Sq Ft
$658/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $510,000 $291 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $6,723/month

89 Days on Market

Highlights

  • Marble Flooring
  • Breakfast Area or Nook
  • 1 Car Attached Garage
  • Coral Gables Preparatory Academy Rated A-
  • Formal Dining Room
  • 3-minute walk to Schenley Park

About This Home

As of October 2017

Beautiful and ready to move in. Three bedrooms, two baths in great Coral Gables location. New barrel tile roof, new central A/C, impact windows, marble throughout home, updated kitchen and baths. Please call for showing instructions - priced to sell, don't miss it!

Last Agent to Sell the Property

Earl Hollis

Earl A. Hollis, Inc. License #40591 Listed on: 06/15/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,668

Year Built

  • Built in 1956

Lot Details

  • 5,706 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,754 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Motion Detectors

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Coral Gable Country Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-41-18-003-0160

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,668

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 1560 Palermo Avenue, Coral Gables, FL 33134
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Marble
  • Living Area: 1754.0
  • Stories: 1

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Laundry Features: In Garage, Laundry Tub
  • Security: Security System, Motion Detectors
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 03-41-18-003-0160
  • Lot Size Sq Ft: 5706.0
  • Zoning Description: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5668.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2017
Closed on
Oct 11, 2017
Sold by
Guerrero Luis Cesar and Guerrero Celia Virginia
Bought by
Perez Lidia M and Rodriguez Edgardo
Seller's Agent
Earl Hollis
Earl A. Hollis, Inc.
List Price
$629,000
Sold Price
$510,000
Premium/Discount to List
-$119,000
-18.92%
Current Estimated Value
$1,153,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,923
Avg. Annual Appreciation
11.38%
Original Mortgage
$75,000
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 20, 2011
Closed on
Jan 20, 2012
Sold by
Lbd Partners Ii Llc
Bought by
Guerrero Luis C
Seller's Agent
Miguel Salvat
Century 21 BE3
Buyer's Agent
Celia Diaz
Realty World Executive Homes
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$341,127
Interest Rate
4.08%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2011
Sold by
Mtglq Investors Lp
Bought by
Lbd Partners Ii Llc

Purchase Details

Closed on
Feb 10, 2011
Sold by
Suntrust Mortgage Inc
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Jul 12, 2010
Sold by
Montes Ana M
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Oct 4, 2006
Sold by
Ramirez Manuel J and Ramirez Angela
Bought by
Montes Robert and Montes Ana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 20, 1995
Sold by
Ramirez Manuel J and Ramirez Anglea
Bought by
Ramirez Manuel J and Ramirez Angela
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
Perez Lidia M $500,000 Attorney
Guerrero Luis C $350,000 None Available
Lbd Partners Ii Llc $247,000 Southern Financial Title Ser
Mtglq Investors Lp -- Southern Financial Title Ser
Suntrust Mortgage Inc $151,800 None Available
Montes Robert $475,000 Attorney
Ramirez Manuel J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Edgardo P $225,000
Closed Perez Lidia M $75,000
Previous Owner Guerrero Luis C $417,000
Previous Owner Guerrero Luis C $341,127
Previous Owner Montes Robert $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $510,000 -18.9% $291 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $629,000 +79.7% $359 / Sq Ft
01/20/2012 01/20/12 Sold $350,000 0.0% $187 / Sq Ft
12/29/2011 12/29/11 Pending -- -- --
09/19/2011 09/19/11 For Sale $350,000 -- $187 / Sq Ft
Source: BeachesMLS

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 $6,903 $428,425 -- --
2024 $6,722 $416,351 -- --
2023 $6,722 $404,225 $0 $0
2022 $6,501 $392,452 $0 $0
2021 $6,474 $381,022 $0 $0
2020 $6,394 $375,762 $0 $0
2019 $6,251 $367,314 $0 $0
2018 $5,974 $360,466 $0 $0
2017 $9,234 $442,794 $0 $0
2016 $5,668 $333,601 $0 $0
2015 $5,734 $331,283 $0 $0
2014 $5,810 $328,654 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Earl Hollis

    Earl A. Hollis, Inc.

    (904) 655-0406

    6 Total Sales

    Earl Hollis
    Section Image
  • Miguel Salvat

    Seller's Agent in 2012

    Miguel Salvat

    Century 21 BE3

    (305) 974-1376

    102 Total Sales

    Miguel Salvat
    Section Image

  • R

    Seller Co-Listing Agent in 2012

    Ricardo Tobchi

    RT Realty Inc

    (305) 799-3464

    23 Total Sales

    Ricardo Tobchi
    Section Image

  • C

    Buyer's Agent in 2012

    Celia Diaz

    Realty World Executive Homes

    8 Total Sales

    Celia Diaz
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10342934

BeachesMLS

APN: 03-4118-003-0160

Florida Miami/Dade County Coral Gables 33134 Country Club Section

1560 Palermo Ave, Coral Gables, FL

This home is located at 1560 Palermo Ave, Coral Gables, FL 33134 since 15 June 2017 and is currently estimated at $1,153,923, approximately $657 per square foot. This property was built in 1956. 1560 Palermo Ave is a home located in Miami-Dade County with nearby schools including Coral Gables Preparatory Academy, Ponce de Leon Middle School, and Coral Gables 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.

BeachesMLS 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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