NOT LISTED FOR SALE

Estimated Value: $6,388,000

6 Beds
6.5 Baths
11,183 Sq Ft
$571/Sq Ft Est. Value

Last Sold February 09, 2015

Last sale price $8,642,700 $773 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $40,889/month

1,829 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • Sunset Elementary School Rated A
  • Private Dock
  • In Ground Pool

About This Home

As of February 2015

In prestigious Gables Estates! Opportunity to restore or renovate the 11,183 Sq Ft Mid-century home designed by Alfred Browning Parker. Outstanding waterfront property, private peninsula, 1.96 acres with spectacular views down the length of the waterway a nd some Bayfront views. Approximateoly 580' on the water with dockage for a large yacht. Designated historic by the City of Coral Gables. Best public and private schools.

Last Agent to Sell the Property

Helen Nicastri

Coldwell Banker Realty License #0064134 Listed on: 01/19/2010

Coldwell Banker Realty

Last Buyer's Agent

Audrey Ross, Ph.D

Compass Florida, LLC License #3391913

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $136,016

Year Built

  • Built in 1966

Lot Details

  • 1.96 Acre Lot
  • 580 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • North Facing Home
  • Property is zoned 14/S FM

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 11,183 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Entrance Foyer
  • Den
  • Marble Flooring
  • Ocean Views
  • Built-In Oven

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet

Parking

  • 2 Detached Carport Spaces
  • Circular Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Private Dock
  • Patio
  • Exterior Lighting

Schools

  • Sunset Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Private Membership Available
  • Club Membership Required
  • Gables Ests No 2,Gables Estates Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 03-41-32-019-0320

Home Details

Home Type

Single Family

Est. Annual Taxes

$136,016

Year Built

Built in 1966

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Carport Y N: Yes
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: GABLES ESTS NO 2,GABLES ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances, Refrigerator, Wall Oven
  • Interior Amenities: Bar, Built-in Features, Entrance Foyer, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Entry Location: Foyer
  • Flooring: Marble, Other
  • Furnished: Unfurnished
  • Living Area: 11183
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Primary Bedroom Upstairs
  • Living Room Features: Den/Library/Office

Exterior Features

  • Roof: Flat Tile
  • View: Ocean, Water
  • Exterior Features: Lighting, Other
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: GABLES ESTS NO 2
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Detached Carport, Circular Driveway, Covered, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 6000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Mandatory Hoa, Other, Private Membership Available
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Sunset
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 03-41-32-019-0320
  • Lot Size Sq Ft: 85431
  • Zoning: 14/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 136016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2010
Closed on
Feb 9, 2015
Sold by
Cascar Llc
Bought by
Wertheim Herbert A
Seller's Agent
Helen Nicastri
Coldwell Banker Realty
Buyer's Agent
Audrey Ross, Ph.D
Compass Florida, LLC
List Price
$12,500,000
Sold Price
$8,642,700
Premium/Discount to List
-$3,857,300
-30.86%
Current Estimated Value
$6,388,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,254,700
Avg. Annual Appreciation
-2.80%

Purchase Details

Closed on
Jun 15, 2009
Sold by
Carlin Donald and Landon Chris J
Bought by
Cascar Llc

Purchase Details

Closed on
Jun 5, 2009
Sold by
Landon Chris J
Bought by
Carlin Donald and Landon Chris J

Purchase Details

Closed on
May 29, 2009
Sold by
B Carlin Foundation Inc
Bought by
Cascar Llc
Source: Public Records

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
Wertheim Herbert A $8,642,700 Toma Title Group Inc
Cascar Llc -- Attorney
Carlin Donald $3,670,600 Attorney
Cascar Llc -- Attorney
Carlin Donald $917,700 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2015 02/09/15 Sold $8,642,700 -30.9% $773 / Sq Ft
01/19/2010 01/19/10 For Sale $12,500,000 -- $1,118 / 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 $307,718 $15,087,139 -- --
2024 $345,405 $13,715,581 -- --
2023 $345,405 $12,468,710 $0 $0
2022 $207,468 $11,335,191 $11,276,892 $58,299
2021 $213,285 $11,331,842 $11,276,892 $54,950
2020 $207,106 $11,331,848 $11,276,892 $54,956
2019 $190,024 $10,477,544 $10,422,582 $54,962
2018 $174,985 $10,477,550 $10,422,582 $54,968
2017 $157,894 $8,080,924 $0 $0
2016 $155,277 $8,128,329 $0 $0
2015 $167,236 $7,935,589 $0 $0
2014 $143,507 $7,214,172 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: M1365028

MIAMI REALTORS® MLS

APN: 03-4132-019-0320