$230,000
SOLD APR 25, 2014
1 Bed
1 Bath
784 Sq Ft
$454/mo HOA Fee

Recently Sold

$293 Per Sq Ft

2% Above List Price

20 Days on Market

Highlights

  • Ocean View
  • 1-minute walk to College/Bayside
  • Community Pool
  • Fitness Center
  • Penthouse
  • Balcony

About This Home

As of May 2020

Spectacular unit in the middle of downtown Miami. Open loft style with bedroom area, extra high ceiling 14 ft, concrete floor throughout. Great modern kitchen with stainless steel appliances. Balcony overlooking the city towards the bay and a peek of the Ocean. Pool, gym, doorman, secured lobby. 1 parking space. This is a Fannie Mae Homepath Property. Purchase this property for as little as 5% down! This property is approved for Homepath Mortgage and Homepath Renovation. *First look expires 03/04/2014*

Last Agent to Sell the Property

Ann Meng

Buy The Beach Realty Group, LLC. License #0603201 Listed on: 02/12/2014

Last Buyer's Agent

Ygal Bénichay

Rich Homes of Florida License #3158929

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,914

Year Built

  • Built in 2005

HOA Fees

  • $454 Monthly HOA Fees

Property Views

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 784 Sq Ft Home
  • Concrete Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Covered Parking
  • Assigned Parking

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-051-0880

Community Details

Overview

  • 171 Units
  • The Loft Downtown Condos
  • 24-Story Property

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Secure Lobby
  • Maintenance Expense $460
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,914

Year Built

Built in 2005

Lot Details

0

HOA Fees

$454 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Directions: SELLER REQUIRES ALL OFFERS TO BE MADE ONLINE THROUGH THE HOMEPATH WEBSITE. INFO INCLUDED IN MLS ATTACHMENTS & ON THE HOMPATH WEBSITE. FANNIE MAE HAS SPECIFIC REQUIREMENTS FOR THEIR OFFERS. PLEASE FOLLOW THE INSTRUCTIONS CAREFULLY FOR AN EASY OFFER.
  • Entry Level: 24
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: 4116

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 784
  • Possible Use: Primary
  • Stories: 24
  • Bedroom Features: Other

Exterior Features

  • View: Bay, Ocean View, Water 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: THE LOFT DOWNTOWN
  • Parking Features: 1 Space, Assigned, Covered

Utilities

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

Condo/Co-op/Association

  • Association Fee: 454
  • Amenities: Exercise Room, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-051-0880
  • Lot Size Sq Ft: 784
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 460
  • Number Of Units In Community: 171
  • Number Of Units Total: 171

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2914

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2019
Closed on
Apr 27, 2020
Sold by
Israel Sylvie
Bought by
Wilkes Inez
Seller's Agent
Heidemarie Kremer
LoKation
Buyer's Agent
Heidemarie Kremer
LoKation
List Price
$240,000
Sold Price
$218,000
Premium/Discount to List
-$22,000
-9.17%
Total Days on Market
20
Current Estimated Value
$347,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,024
Avg. Annual Appreciation
10.48%
Original Mortgage
$153,100
Outstanding Balance
$138,406
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$222,256

Purchase Details

Listed on
Feb 12, 2014
Closed on
Apr 25, 2014
Sold by
Fannie Mae
Bought by
Israel Sylvie
Seller's Agent
Ann Meng
Buy The Beach Realty Group, LLC.
Buyer's Agent
Ygal Bénichay
Rich Homes of Florida
List Price
$224,900
Sold Price
$230,000
Premium/Discount to List
$5,100
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.88%

Purchase Details

Closed on
Nov 8, 2013
Sold by
Sanchez Blanca
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 11, 2013
Sold by
Sanchez Blanca
Bought by
Federal National Mortgage Assn

Purchase Details

Closed on
Jan 20, 2006
Sold by
Gomez Albert and Gomez Catherine
Bought by
Sanchez Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $218,800 Attorney
Special Warranty Deed $230,000 Attorney
Trustee Deed $120,200 None Available
Deed $120,200 --
Warranty Deed $300,000 None Available
Special Warranty Deed $219,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,100 New Conventional
Previous Owner $132,000 Future Advance Clause Open End Mortgage
Previous Owner $285,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2020 05/13/20 Sold $218,000 -9.2% $278 / Sq Ft
11/26/2019 11/26/19 For Sale $240,000 +4.3% $306 / Sq Ft
04/25/2014 04/25/14 Sold $230,000 +2.3% $293 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $224,900 -- $287 / 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 $1,179 $101,034 -- --
2023 $1,179 $98,092 $0 $0
2022 $1,118 $95,235 $0 $0
2021 $1,097 $92,462 $0 $0
2020 $3,610 $165,870 $0 $0
2019 $3,618 $165,870 $0 $0
2018 $3,662 $171,000 $0 $0
2017 $3,847 $177,660 $0 $0
2016 $4,401 $197,400 $0 $0
2015 $4,268 $188,000 $0 $0
2014 $3,958 $170,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1906979

MIAMI REALTORS® MLS

APN: 01-4137-051-0880