NOT LISTED FOR SALE

Estimated Value: $943,000 - $1,517,000

3 Beds
2 Baths
1,914 Sq Ft
$659/Sq Ft Est. Value

About This Home

This home is located at 1561 Palermo Ave, Coral Gables, FL 33134 and is currently estimated at $1,261,028, approximately $658 per square foot. 1561 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2023
Sold by
Salazar Alvaro
Bought by
Salazar Alvaro and Gomez Paula Maria
Current Estimated Value
$1,261,028

Purchase Details

Closed on
Nov 15, 2007
Sold by
Mortgage Electronic Registration Systems
Bought by
Deutsche Bank Trust Company Americas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 21, 2006
Sold by
Nunez Belinda
Bought by
Master Financial Inc

Purchase Details

Closed on
Jan 13, 2006
Sold by
Parente Dolores
Bought by
Nunez Belinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
8.01%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 29, 2005
Sold by
Bashir Mohammed Ali
Bought by
Parente Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,600
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2005
Sold by
Giro Antonio M and Giro Maria Elena
Bought by
Ali Bashir Mohammed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,920
Interest Rate
7.83%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 18, 2000
Sold by
Matalon Bernice Y
Bought by
Giro Antonio M and Vilas Maria E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Salazar Alvaro -- --
Deutsche Bank Trust Company Americas -- Watson Title Insurance Agenc
Salazar Alvaro $440,000 Watson Title Insurance Inc
Master Financial Inc $3,000 None Available
Nunez Belinda $735,000 None Available
Parente Dolores $340,000 --
Ali Bashir Mohammed $534,900 --
Giro Antonio M $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salazar Alvaro $349,758
Previous Owner Salazar Alvaro $352,000
Previous Owner Nunez Belinda $588,000
Previous Owner Parente Dolores $541,600
Previous Owner Ali Bashir Mohammed $427,920
Previous Owner Giro Antonio M $20,000
Previous Owner Giro Antonio M $178,000
Closed Ali Bashir Mohammed $106,980
Source: Public Records

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 $6,607 $411,659 -- --
2024 $6,433 $400,058 -- --
2023 $6,433 $388,406 $0 $0
2022 $6,220 $377,094 $0 $0
2021 $6,193 $366,111 $0 $0
2020 $6,117 $361,057 $0 $0
2019 $5,979 $352,940 $0 $0
2018 $5,713 $346,360 $0 $0
2017 $5,657 $339,237 $0 $0
2016 $6,512 $332,260 $0 $0
2015 $5,708 $329,951 $0 $0
2014 $5,783 $327,333 $0 $0
Source: Public Records

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