NOT LISTED FOR SALE

Estimated Value: $466,000 - $520,000

2 Beds
2 Baths
1,025 Sq Ft
$631/mo HOA Fee

Last Sold August 06, 2024

Last sale price $500,000 $488 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,817/month

29 Days on Market

Highlights

  • Fitness Center
  • Skyline View
  • Community Center
  • Coral Gables Senior High School Rated A-
  • Community Pool
  • Elevator

About This Home

As of August 2024

Own this beautifully remodeled two-bedroom, two-bathroom unit at Gables Terrace Condominium. Centrally located, it is just steps away from the vibrant dining and shopping options in downtown Coral Gables and Coconut Grove. This spectacular unit features two assigned garage parking spots, an in-unit washer and dryer, a built-in bar, stunning city views, quartz countertops, ample closet space, tile floors, and many other high-end finishes. The building’s amenities include a gym, pool, community/media room, and a stylish lobby with excellent security. The well-managed HOA is actively collecting reserves. One parking space is owned by the unit and one is leased from HOA.

Last Agent to Sell the Property

Derek Varona

Sea Grove Realty License #3245277 Listed on: 05/30/2024

Last Buyer's Agent

Aimee Davis

Legacy Realty Services, Inc License #0474094

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,277

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • West Facing Home

HOA Fees

  • $631 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Entry on the 10th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,025 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Video Cameras

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Schools

  • Tucker;F.S. Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-16-083-0600

Community Details

Overview

  • 108 Units
  • High-Rise Condominium
  • Gables Terrace Condo
  • Gables Terrace Condo,Gables Terrace Subdivision
  • Property has 1 Level

Amenities

  • Community Center
  • Party Room
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Walled
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,277

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$631 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GABLES TERRACE CONDO,Gables Terrace
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Other, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: Unfurnished
  • Living Area: 1025
  • Possible Use: Primary
  • Stories: 13
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Snack Bar/Counter
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Skyline
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GABLES TERRACE CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Fire Alarm, Secured Garage/Parking, Guard At Site, TV Camera, Walled

Condo/Co-op/Association

  • Association Fee: 631
  • Amenities: Community Room, Elevator(s), Exercise Room, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Tucker;F.S.
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-16-083-0600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Number Of Units In Community: 108
  • Number Of Units Total: 108

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 29, 2024
Sold by
Diaz Lazaro and Rojas Lisandra Correa
Bought by
Welborn James Ross
Seller's Agent
Derek Varona
Sea Grove Realty
Buyer's Agent
Aimee Davis
Legacy Realty Services, Inc
List Price
$500,000
Sold Price
$500,000
Views
1396
Current Estimated Value
$495,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,877
Avg. Annual Appreciation
-0.82%
Original Mortgage
$400,000
Outstanding Balance
$395,465
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$99,658

Purchase Details

Closed on
Aug 31, 2017
Sold by
Gampero Estel Adaniela Motola
Bought by
Diaz Lazaro and Rojas Lisandra Correa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2011
Sold by
Fannie Mae
Bought by
Campero Estela Daniela Motola

Purchase Details

Closed on
Jul 11, 2011
Sold by
Federal Deposit Insurance Corporation
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 30, 2010
Sold by
Quevedo Agustin R
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
Jun 12, 2007
Sold by
Lugo Julissa
Bought by
Quevedo Agustin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 22, 2004
Sold by
Lopez Rebekah J
Bought by
Quevedo Agustin R and Lugo Julissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 23, 2003
Sold by
Rios Mario and Rios Katherine L
Bought by
Lopez Rebekah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 30, 2001
Sold by
Valeroso Investment C
Bought by
Rios Mario
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
Welborn James Ross $500,000 None Listed On Document
Diaz Lazaro $275,000 Attorney
Campero Estela Daniela Motola $131,250 Attorney
Federal National Mortgage Association -- Attorney
Indymac Federal Bank Fsb $171,200 None Available
Quevedo Agustin R -- Attorney
Quevedo Agustin R $252,000 --
Lopez Rebekah J $240,000 --
Rios Mario $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welborn James Ross $400,000
Previous Owner Diaz Lazaro $247,500
Previous Owner Quevedo Agustin R $292,500
Previous Owner Quevedo Agustin R $201,600
Previous Owner Lopez Rebekah J $192,000
Previous Owner Rios Mario $32,291
Closed Quevedo Agustin R $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2024 08/06/24 Sold $500,000 0.0% $488 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $500,000 -- $488 / 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 $6,734 $387,638 -- --
2024 $6,277 $312,743 -- --
2023 $6,277 $284,312 $0 $0
2022 $5,328 $212,364 $0 $0
2021 $3,493 $206,179 $0 $0
2020 $3,444 $203,333 $0 $0
2019 $3,354 $198,762 $0 $0
2018 $3,207 $195,056 $0 $0
2017 $1,870 $130,032 $0 $0
2016 $1,871 $127,358 $0 $0
2015 $1,891 $126,473 $0 $0
2014 $1,911 $125,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11591283

MIAMI REALTORS® MLS

APN: 01-4116-083-0600