$270,000
SOLD SEP 4, 2015

240 Galen Dr, Unit 103 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood
1 Bed
1.5 Baths
725 Sq Ft
$401/mo HOA Fee

Recently Sold

$372 Per Sq Ft

8% Below List Price

40 Days on Market

Highlights

  • Garden View
  • Community Pool
  • Tile Flooring
  • Key Biscayne K-8 Center Rated A-
  • Walk-In Closet
  • Guest Parking

About This Home

As of September 2015

Own it for $275,000 CASH & quick closing by Sept 7th. Spacious ,updated 1 bedroom/ 1.5 bath garden unit recently redone w/ marble like tiles throughout. Open kitchen w/ stainless appliances. Large master bedroom with walk-in closet and master bath. Half b ath for guests. New A/C. Walk one block to everything- the beach,gym,schools,shops,restaurants. Popular rental unit or live it yourself and enjoy the beach lifestyle! Ample visitor parking. Building looks great/passed 40 year inspection (no assessment)!

Last Agent to Sell the Property

Elizabeth Warner

Hardie Warner Real Estate, Inc. License #0702909 Listed on: 07/24/2015

Last Buyer's Agent

Elizabeth Warner

Hardie Warner Real Estate, Inc. License #0702909 Listed on: 07/24/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,707

Year Built

  • Built in 1967

HOA Fees

  • $401 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 725 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Home Security

Parking

  • 1 Detached Carport Space
  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Additional Features

  • West Facing Home
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-026-0030

Community Details

Overview

  • Low-Rise Condominium
  • Galen Drive Condo

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,707

Year Built

Built in 1967

Lot Details

0

HOA Fees

$401 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1967
  • Property Sub Type: Condominium
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 725
  • Possible Use: Investment
  • Stories: 3
  • Window Features: Other Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, Other
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: GALEN DRIVE CONDO
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Detached Carport, 1 Space, Assigned, Guest

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Other

Condo/Co-op/Association

  • Association Fee: 401
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-026-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 401

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2707

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2015
Closed on
Sep 4, 2015
Sold by
Alegret Mailly Madrigal
Bought by
Neta Llc
Seller's Agent
Elizabeth Warner
Hardie Warner Real Estate, Inc.
Buyer's Agent
Elizabeth Warner
Hardie Warner Real Estate, Inc.
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%
Current Estimated Value
$506,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,395
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
Mar 21, 2012
Sold by
Gkb Investments Llc
Bought by
Madrigal Mailly and Alegret Maily Madrigal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,161
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2006
Sold by
Madrigal Maily and Madrigal Mailly
Bought by
Gkb Investments Llc

Purchase Details

Closed on
Jan 29, 2002
Sold by
Nancy Stoner
Bought by
Madrigal Maily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,875
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 1996
Sold by
Livingstone George D
Bought by
Stoner Miller Nancy and Scott Miller A

Purchase Details

Closed on
Mar 13, 1996
Sold by
Livingstone George D and Livingstone Evelyn W
Bought by
Livingstone George O

Purchase Details

Closed on
Aug 15, 1993
Sold by
Livingstone Evelyn W
Bought by
Livingstone George D and Livingstone Evelyn W
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 Type Sale Price Title Company
Warranty Deed $270,000 Key Intl Title & Escrow Corp
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Warranty Deed $152,500 --
Warranty Deed $40,000 --
Quit Claim Deed $100 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $127,161 New Conventional
Previous Owner $144,875 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2023 10/29/23 Rented $2,600 -5.5% --
10/13/2023 10/13/23 Under Contract -- -- --
08/27/2023 08/27/23 Price Changed $2,750 -6.8% $4 / Sq Ft
08/01/2023 08/01/23 For Rent $2,950 +59.5% --
08/07/2017 08/07/17 Rented $1,850 -5.1% --
07/25/2017 07/25/17 For Rent $1,950 0.0% --
09/04/2015 09/04/15 Sold $270,000 -8.5% $372 / Sq Ft
07/24/2015 07/24/15 For Sale $295,000 -- $407 / 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 $5,293 $352,715 -- --
2024 $5,109 $320,650 -- --
2023 $5,109 $291,500 $0 $0
2022 $4,414 $265,000 $0 $0
2021 $4,564 $265,000 $0 $0
2020 $4,375 $265,000 $0 $0
2019 $4,221 $255,000 $0 $0
2018 $3,719 $232,236 $0 $0
2017 $3,752 $232,236 $0 $0
2016 $3,692 $223,304 $0 $0
2015 $2,897 $137,613 $0 $0
2014 $2,708 $125,103 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gustavo Gambino

    Seller's Agent in 2023

    Gustavo Gambino

    Gambino Real Estate Corp.

    (786) 281-5050

    14 in this area

    46 Total Sales

    Gustavo Gambino
    Section Image
  • Elena Chacon

    Buyer's Agent in 2023

    Elena Chacon

    BHHS EWM Realty

    (305) 606-5700

    36 in this area

    59 Total Sales

    Elena Chacon
    Section Image

  • E

    Seller's Agent in 2015

    Elizabeth Warner

    Hardie Warner Real Estate, Inc.

    (305) 361-5722

    2 Total Sales

    Elizabeth Warner
    Section Image
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About This Building

Map

Source: MIAMI REALTORS® MLS

MLS Number: A2150151

MIAMI REALTORS® MLS

APN: 24-5205-026-0030

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

240 Galen Dr Unit 103, Key Biscayne, FL

This home is located at 240 Galen Dr Unit 103, Key Biscayne, FL 33149 and is currently priced at $270,000, approximately $372 per square foot. This property was built in 1967. 240 Galen Dr Unit 103 is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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