NOT LISTED FOR SALE

2508 Madrid St Coral Gables, FL 33134

Coral Gables Section Neighborhood

Estimated Value: $2,220,855 - $2,690,000

4 Beds
3.5 Baths
2,436 Sq Ft
$1,005/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $1,457,000 $598 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $15,326/month

109 Days on Market

Highlights

  • 1 Bedroom Guest House
  • Sitting Area In Primary Bedroom
  • Wood Flooring
  • Coral Gables Preparatory Academy Rated A-
  • Room in yard for a pool
  • Old Spanish Architecture

About This Home

As of May 2021

This beautiful Old Spanish home has been remodeled to perfection exhibiting all aspects of its original 1925 charm. With 3158 sq ft of living space and 3610 of total sq ft. It features 4 bedrooms and 3.5 bathrooms, large open light filled spaces, beautiful wood floors, impact windows and doors. The main home has a very large master bedroom and 2 guest bedrooms. There is a guest bedroom and bathroom above the 1 car garage, perfect for a home office or in-laws quarters. This property is fabulously located close to the Biltmore Hotel and Golf Course, St. Theresa's Catholic School, St Philip's Episcopal School, Shopping and Restaurants.

Last Agent to Sell the Property

Aurelia Falero

RE/MAX Advance Realty License #3077691 Listed on: 12/30/2020

RE/MAX Advance Realty

Last Buyer's Agent

Carola Garcia

Luxe Properties License #3350421

Luxe Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,171

Year Built

  • Built in 1925

Lot Details

  • 10,200 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway
  • Open Parking

Home Design

  • Old Spanish Architecture
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,436 Sq Ft Home
  • Built-In Features
  • Fireplace
  • French Doors
  • Formal Dining Room
  • Utility Room in Garage

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry in Garage
  • Dryer

Home Security

  • Complete Impact Glass
  • High Impact Door

Outdoor Features

  • Room in yard for a pool
  • Patio

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Coral Gab Sec D Rev Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-41-18-002-0500

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,171

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Old Spanish
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CORAL GAB SEC D REV PL
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, French Doors, Split Bedroom, Walk-In Closet(s), Separate Guest/In-Law Quarters, Utility/Laundry In Garage
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors, French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 2436
  • Possible Use: Primary
  • Window Features: Complete Impact Glass
  • Bedroom Features: Entry Level, Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Dining Room Features: Formal Dining
  • Living Room Features: Separate Guest/In-Law Quarters, Utility/Laundry In Garage

Exterior Features

  • Roof: Flat Roof With Facade Front
  • View: None
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CORAL GAB SEC D REV PL
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Coral Gables
  • High School: Coral Glades High
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 03-41-18-002-0500
  • Lot Size Sq Ft: 10200
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 19171

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
May 17, 2021
Sold by
Pellertier James R and Pellertier Danar R
Bought by
Cushing Kurt T and Cushing Giselle
Seller's Agent
Aurelia Falero
RE/MAX Advance Realty
Buyer's Agent
Carola Garcia
Luxe Properties
List Price
$1,650,000
Sold Price
$1,457,000
Premium/Discount to List
-$193,000
-11.7%
Current Estimated Value
$2,448,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$991,464
Avg. Annual Appreciation
13.17%
Original Mortgage
$947,050
Outstanding Balance
$857,385
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,604,987

Purchase Details

Closed on
Sep 26, 1994
Sold by
Hiliard Douglas C and Hilliard Gloria
Bought by
Pelletier James R and Selsky Dana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
8.56%

Purchase Details

Closed on
Jun 25, 1993
Sold by
Namon Richard
Bought by
Corral Oscar J and Ortiz Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.44%
Source: Public Records

Range of Values:

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
Cushing Kurt T $1,457,000 Attorney
Pelletier James R $237,000 --
Corral Oscar J $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cushing Kurt T $947,050
Previous Owner Pelletier James R $260,000
Previous Owner Pelletier James R $189,600
Previous Owner Corral Oscar J $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $1,457,000 -11.7% $598 / Sq Ft
12/28/2020 12/28/20 For Sale $1,650,000 0.0% $677 / Sq Ft
12/01/2018 12/01/18 Rented $5,500 -6.8% --
11/27/2018 11/27/18 Under Contract -- -- --
11/12/2018 11/12/18 Price Changed $5,900 -4.8% $2 / Sq Ft
09/28/2018 09/28/18 For Rent $6,200 -- --
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 $23,045 $1,340,933 -- --
2024 $22,485 $1,303,142 -- --
2023 $22,485 $1,265,187 $0 $0
2022 $21,795 $1,228,337 $765,000 $463,337
2021 $20,583 $1,042,260 $725,832 $316,428
2020 $19,171 $964,789 $645,150 $319,639
2019 $18,165 $909,349 $586,500 $322,849
2018 $17,815 $912,561 $586,500 $326,061
2017 $17,228 $869,983 $0 $0
2016 $17,202 $838,329 $0 $0
2015 $15,778 $762,118 $0 $0
2014 $13,845 $692,835 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Aurelia Falero

    Seller's Agent in 2021

    Aurelia Falero

    RE/MAX

    (305) 281-2419

    1 in this area

    26 Total Sales

    Section Image

  • C

    Buyer's Agent in 2021

    Carola Garcia

    Luxe Properties

    (305) 735-6956

    1 in this area

    24 Total Sales

    Section Image
  • Maria Tartaglia

    Buyer's Agent in 2018

    Maria Tartaglia

    Tartaglia International Realty LLC

    (305) 491-1611

    21 Total Sales

    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10975957

MIAMI REALTORS® MLS

APN: 03-4118-002-0500

Florida Miami/Dade County Coral Gables 33134 Coral Gables Section

2508 Madrid St, Coral Gables, FL

This home is located at 2508 Madrid St, Coral Gables, FL 33134 since 30 December 2020 and is currently estimated at $2,448,464, approximately $1,005 per square foot. This property was built in 1925. 2508 Madrid St is a home located in Miami-Dade County with nearby schools including Coral Gables Preparatory Academy, 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.

Nearby Homes