NOT LISTED FOR SALE

Estimated Value: $8,803,000 - $17,520,168

5 Beds
5.5 Baths
5,209 Sq Ft
$2,527/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $16,500,000 $3,168 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $87,279/month

34 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • 23,237 Sq Ft lot
  • North Beach Elementary School Rated A-
  • In Ground Pool
  • 1-minute walk to Probus Park

About This Home

As of January 2024

Enjoy coveted Sunset Island living in this beautiful Santa Barbara style waterfront residence on Sunset Island IV, the most walkable of the 4 islands. Experience your private sanctuary, where an expansive 208ft of pristine water frontage opens to reveal a dock and boat lift accompanied by a summer kitchen & 26ft long pool. The property showcases a gourmet kitchen with Sub-Zero appliances, wine cooler, private gym, sun-filled Master Suite with tranquil sitting areas. The 23,237 SF lot is also the perfect canvas to build the home of your dreams with unparalleled linear feet on water. Steps away from all that Sunset Harbour has to offer: sunrise yoga at Modo, breakfast at Pura Vida, coffee at Panther and fresh croissants from neighborhood favorite, True Loaf Bakery.

Last Agent to Sell the Property

Daniel Hertzberg

Coldwell Banker Realty License #3212309 Listed on: 10/13/2023

Coldwell Banker Realty

Last Buyer's Agent

Jill Hertzberg

Coldwell Banker Realty License #0551544

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $166,218

Year Built

  • Built in 1937

Lot Details

  • 0.53 Acre Lot
  • 208 Ft Wide Lot
  • Home fronts a canal
  • Southwest Facing Home
  • Property is zoned 0800

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Property Views

  • Water
  • Pool

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,209 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Private Dock
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Club Membership Required
  • Sunset Islands Island No Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-28-001-2260

Home Details

Home Type

Single Family

Est. Annual Taxes

$166,218

Year Built

Built in 1937

Lot Details

0.53 Acres

HOA Fees

$208 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SUNSET ISLANDS ISLAND NO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Other Equipment/Appliances, Gas Range, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Other, Den/Library/Office, Family Room
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 5209
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Family Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Pool, Water
  • Exterior Features: Open Balcony, Other
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: SUNSET ISLANDS ISLAND NO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Other
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-32-28-001-2260
  • Lot Size Sq Ft: 23237
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 166218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Jan 17, 2024
Sold by
Sussman Ari B and Sussman Laurel
Bought by
2201 Sunset Land Trust and Narvaez
Seller's Agent
Daniel Hertzberg
Coldwell Banker Realty
Buyer's Agent
Jill Hertzberg
Coldwell Banker Realty
List Price
$22,000,000
Sold Price
$16,500,000
Premium/Discount to List
-$5,500,000
-25%
Views
89
Current Estimated Value
$13,161,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,338,416
Avg. Annual Appreciation
-9.94%

Purchase Details

Listed on
Dec 17, 2020
Closed on
Mar 4, 2021
Sold by
Bryn Mark and 2201 Sunset Trust
Bought by
Sussman Ari B and Sussman Laurel
Seller's Agent
Dina Goldentayer
Douglas Elliman
Buyer's Agent
Ryan Mendell
Maxwell E Realty Inc
List Price
$10,200,000
Sold Price
$10,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.67%

Purchase Details

Listed on
Jun 4, 2020
Closed on
Nov 2, 2020
Sold by
Grutman David S and Grutman Isabela Rangel
Bought by
Bryn Mark and The 2201 Sunset Trust
Seller's Agent
Dina Goldentayer
Douglas Elliman
Buyer's Agent
Dina Goldentayer
Douglas Elliman
List Price
$8,900,000
Sold Price
$8,140,000
Premium/Discount to List
-$760,000
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.33%
Original Mortgage
$4,000,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2012
Closed on
Jun 13, 2013
Sold by
Iglesias Jose and Iglesias Debra Lafrance
Bought by
2201 Sunset Llc
Seller's Agent
Dina Goldentayer
Douglas Elliman
Buyer's Agent
David Lombardi
Lombardi Properties
List Price
$5,790,000
Sold Price
$5,100,000
Premium/Discount to List
-$690,000
-11.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$2,425,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2201 Sunset Land Trust $16,500,000 First American Title
Sussman Ari B $10,200,000 Attorney
Bryn Mark $8,140,000 Attorney
2201 Sunset Llc $5,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bryn Mark $4,000,000
Previous Owner 2201 Sunset Llc $2,425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2024 01/17/24 Sold $16,500,000 -17.5% $3,168 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $19,999,000 -9.1% $3,839 / Sq Ft
10/13/2023 10/13/23 For Sale $22,000,000 +115.7% $4,223 / Sq Ft
03/26/2021 03/26/21 Sold $10,200,000 0.0% $1,529 / Sq Ft View Prior Sale
02/24/2021 02/24/21 For Sale $10,200,000 0.0% $1,529 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
12/17/2020 12/17/20 For Sale $10,200,000 +25.3% $1,529 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
11/04/2020 11/04/20 Sold $8,140,000 -8.5% $1,563 / Sq Ft View Prior Sale
07/29/2020 07/29/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $8,900,000 +74.5% $1,709 / Sq Ft
06/14/2013 06/14/13 Sold $5,100,000 -11.9% $797 / Sq Ft View Prior Sale
04/15/2013 04/15/13 Pending -- -- --
04/02/2012 04/02/12 For Sale $5,790,000 -- $905 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $223,069 $18,031,573 $17,427,750 $603,823
2024 $207,586 $10,704,163 -- --
2023 $207,586 $9,731,058 $0 $0
2022 $166,218 $8,846,417 $7,807,632 $1,038,785
2021 $105,761 $5,477,532 $4,450,350 $1,027,182
2020 $110,552 $5,751,252 $0 $0
2019 $108,155 $5,621,948 $0 $0
2018 $102,973 $5,517,123 $4,740,348 $776,775
2017 $115,886 $6,126,325 $0 $0
2016 $115,764 $6,000,319 $0 $0
2015 $100,767 $4,518,893 $0 $0
2014 $83,465 $4,108,085 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11467135

MIAMI REALTORS® MLS

APN: 02-3228-001-2260

Your Personal Tour Guide

Ask me questions while you tour the home.