NOT LISTED FOR SALE

Estimated Value: $440,000 - $478,000

1 Bed
1.5 Baths
1,005 Sq Ft
1972 Built

Last Sold June 22, 2012

Last sale price $156,000 $155 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $3,033/month

19 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • Community Pool
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Clubhouse
  • 3-minute walk to Heritage Park

About This Home

As of June 2012

DEADLINE FOR OFFER SUBMISSION IS 3PM TOMORROW MARCH 11,2012! LOCATED IN A HIGH RISE CONDOMINIUM DIRECTLY ACROSS THE BEACH! EASY ACCESS TO PUBLIC TRANSPO, RESTOS & ENTERTAINMENTS. HAS FULL TIME SECURITY, CONCIERGE, VALET, POOL, CLUBHOUSE, TENNIS & GYM. BAN K OF AMERICA HOME LOANS OR MERRILL LYNCH PREQUALIFICATION IS REQUIRED ON ALL FINANCED OFFERS, APPLICATION FORM ATTACHED FOR YOUR CONVENIENCE.PLEASE ALLOW 2-3 BUSINESS DAYS FOR SELLER RESPONSE.CASH TRANSACTIONS ARE SUBJECT TO 60 DAYS DEED RESTRICTIONS.

Last Listed By

Christopher Tello

Keller Williams Realty SW License #0696252 Listed on: 02/24/2012

Keller Williams Realty SW

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,833

Year Built

  • Built in 1972

Parking

  • Assigned Parking

Home Design

  • 1,005 Sq Ft Home
  • Concrete Block And Stucco Construction

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathtub and Shower Combination in Primary Bathroom

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Central Heating and Cooling System
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-048-2580

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Ocean Reserve Condo
  • Ocean Reserve Condo Subdivision
  • 17-Story Property

Amenities

  • Valet Parking
  • Clubhouse
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Additional Features

  • Maintenance Expense $485
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,833

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: NORTH ON BISCAYNE BLVD TOWARD NE 193 ST. TURN RIGHT ONTO NE 192 ST. TURN LEFT ONTO COLLINS AVE. TURN LEFT ONTO 193 ST. PROPERTY WILL BE ON THE LEFT.
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: OCEAN RESERVE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Elevator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1005
  • Possible Use: Investment
  • Stories: 17
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN RESERVE CONDO
  • Parking Features: Assigned, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Guard At Site

Condo/Co-op/Association

  • Amenities: Clubhouse-Clubroom, Elevator(s), Exercise Room, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-02-048-2580
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 485

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1833

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2012
Closed on
Jul 31, 2012
Sold by
Ternavasio Fernando
Bought by
Usa Ocean Place Corp
Seller's Agent
Christopher Tello
Keller Williams Realty SW
Buyer's Agent
Daniel Feeney
MMLS Assoc.-Inactive Member
List Price
$156,000
Sold Price
$156,000
Total Days on Market
19
Current Estimated Value
$465,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,690
Avg. Annual Appreciation
8.77%

Purchase Details

Listed on
Feb 24, 2012
Closed on
Jun 22, 2012
Sold by
U S Bank National Association
Bought by
Ternavasio Fernando
Seller's Agent
Christopher Tello
Keller Williams Realty SW
Buyer's Agent
Daniel Feeney
MMLS Assoc.-Inactive Member
List Price
$156,000
Sold Price
$156,000

Purchase Details

Closed on
Dec 19, 2011
Sold by
Ilybayev David
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 15, 2006
Sold by
Ocean View Developers Llc
Bought by
Ilyabayev David and Ilyabayev Natanial

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,920
Interest Rate
6.37%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Usa Ocean Place Corp $157,500 None Available
Ternavasio Fernando $156,000 First Inernational Title Inc
U S Bank National Association $100,100 None Available
Ilyabayev David $274,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ilyabayev David $219,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2012 06/22/12 Sold $156,000 0.0% $155 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $156,000 -- $155 / 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
2024 $5,415 $315,810 -- --
2023 $5,415 $287,100 $0 $0
2022 $4,472 $261,000 $0 $0
2021 $4,249 $239,000 $0 $0
2020 $4,124 $230,000 $0 $0
2019 $4,261 $237,000 $0 $0
2018 $4,020 $237,000 $0 $0
2017 $3,647 $203,967 $0 $0
2016 $3,751 $198,495 $0 $0
2015 $3,398 $180,450 $0 $0
2014 $3,270 $167,299 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1609189

MIAMI REALTORS® MLS

APN: 31-2202-048-2580