NOT LISTED FOR SALE

Estimated Value: $8,564,000 - $17,713,509

6 Beds
7 Baths
8,041 Sq Ft
$1,741/Sq Ft Est. Value

Last Sold March 14, 2016

Last sale price $7,800,000 $970 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $88,160/month

265 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Home Theater
  • Sunset Elementary School Rated A
  • Guest House
  • Heated In Ground Pool

About This Home

As of March 2016

Stunning 8,041 SF remastered waterfront estate in distinguished Gables Estates. This 6 bed residence is elegantly appointed with the best array of luxuries. Soaring open living spaces graced by a bright layout, artistic accents like wood finishes and marb le floors are the perfect backdrop for daily living or elegant entertaining. Finishes include Poggenpohl designed kitchen, custom-built wine cellar, staff quarter, lavish master suite, home automation system, office, heated pool, 150' of waterfrontage.

Last Agent to Sell the Property

Adriana PintoTorres

Fortune International Realty License #3085783 Listed on: 05/05/2015

Fortune International Realty

Co-Listed By

Tracy Ferrer

Fortune International Realty License #3230888

Last Buyer's Agent

Judith Zeder

Coldwell Banker Realty License #0650944

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,099

Year Built

  • Built in 1967

Lot Details

  • 0.98 Acre Lot
  • 150 Ft Wide Lot
  • Home fronts a canal
  • West Facing Home
  • Fenced
  • Property is zoned 10/S FM

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Open Parking

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,041 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • Casement Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Home Theater
  • Den
  • Recreation Room
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Private Dock
  • Patio
  • Exterior Lighting

Schools

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

Additional Features

  • Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-002-0390

Community Details

Overview

  • Club Membership Required
  • 5 55 41 Gables Ests No 3 Subdivision
  • Mandatory home owners association

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,099

Year Built

Built in 1967

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Co List Office Mls Id: DEOM04
  • Co List Office Phone: 305-695-6300
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: 5 55 41 GABLES ESTS NO 3
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Freezer, Ice Maker, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Entrance Foyer, Laundry Tub, Pantry, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Great Room, Media Room, Recreation Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 8041
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Hurricane Shutters, Blinds, Casement, Impact Glass
  • Bedroom Features: Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Guest House, Media Room, Recreation Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Tile
  • View: Canal, Water
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 5 55 41 GABLES ESTS NO 3
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 6000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Mandatory Hoa, Security Patrol
  • 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: 03-51-05-002-0390
  • Lot Size Sq Ft: 42689
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 90099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2015
Closed on
Mar 14, 2016
Sold by
Coral Arvida Parkway Llc
Bought by
Quirch Mauricio R and Quirch Monica R
Seller's Agent
Adriana PintoTorres
Fortune International Realty
Buyer's Agent
Judith Zeder
Coldwell Banker Realty
List Price
$9,350,000
Sold Price
$7,800,000
Premium/Discount to List
-$1,550,000
-16.58%
Current Estimated Value
$13,997,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,197,836
Avg. Annual Appreciation
6.77%
Original Mortgage
$5,460,000
Outstanding Balance
$4,355,015
Interest Rate
3.72%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$10,099,142

Purchase Details

Listed on
Jun 5, 2013
Closed on
Jul 11, 2014
Sold by
Horn Ralph and Horn Daniela Jacobsberg
Bought by
Coral Arvida Parkway Llc
Seller's Agent
Mayi de la Vega
One Sotheby's International Re
Buyer's Agent
Adriana PintoTorres
Fortune International Realty
List Price
$8,450,000
Sold Price
$7,350,000
Premium/Discount to List
-$1,100,000
-13.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$4,777,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 14, 1995
Sold by
Joseph and Horn Lory
Bought by
Horn Ralph and Horn Daniela J

Purchase Details

Closed on
Mar 21, 1994
Sold by
Freeman Stephen A
Bought by
Horn Joseph and Horn Lory
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
Quirch Mauricio R $7,800,000 Attorney
Coral Arvida Parkway Llc $7,350,000 Attorney
Horn Ralph $2,450,000 --
Horn Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quirch Mauricio R $5,460,000
Previous Owner Coral Arvida Parkway Llc $4,777,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2016 03/14/16 Sold $7,800,000 -7.1% $970 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
12/18/2015 12/18/15 Price Changed $8,400,000 -3.7% $1,045 / Sq Ft
11/16/2015 11/16/15 Price Changed $8,720,000 -3.1% $1,084 / Sq Ft
06/22/2015 06/22/15 Price Changed $8,995,000 -3.8% $1,119 / Sq Ft
05/05/2015 05/05/15 For Sale $9,350,000 +27.2% $1,163 / Sq Ft
07/29/2014 07/29/14 Sold $7,350,000 0.0% $914 / Sq Ft
07/16/2014 07/16/14 Off Market $7,350,000 -- --
06/09/2014 06/09/14 Pending -- -- --
01/28/2014 01/28/14 Price Changed $7,900,000 -6.5% $982 / Sq Ft
06/05/2013 06/05/13 For Sale $8,450,000 -- $1,051 / 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 $132,239 $7,513,876 -- --
2024 $129,113 $7,302,115 -- --
2023 $129,113 $7,089,433 $0 $0
2022 $125,256 $6,882,945 $0 $0
2021 $125,039 $6,682,471 $0 $0
2020 $123,643 $6,590,209 $5,549,570 $1,040,639
2019 $119,001 $6,328,082 $5,549,570 $778,512
2018 $116,245 $6,281,342 $0 $0
2017 $123,238 $6,575,609 $0 $0
2016 $133,182 $6,691,056 $0 $0
2015 $118,435 $6,082,779 $0 $0
2014 $90,100 $4,568,039 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2111749

MIAMI REALTORS® MLS

APN: 03-5105-002-0390