$415,000
SOLD MAY 28, 2014
2 Beds
2 Baths
1,036 Sq Ft
$475/mo HOA Fee

Recently Sold

$401 Per Sq Ft

9 Days on Market

Highlights

  • Intercom to Front Desk
  • Garden View
  • 1 Car Attached Garage
  • Key Biscayne K-8 Center Rated A-
  • Community Pool
  • 5-minute walk to Paradise Park

About This Home

As of May 2014

BEAUTIFUL UPDATED UNIT, IN A WONDERFUL BUILDING. BEST INVESTMENT PROPERTY IN THE KEY WALK IN DISTANCE TO THE BEACH, AND STORES. EASY TO SHOW ON MONDAY, WEDNESDAY, AND FRIDAY FROM 11 AM TO 5:30 PM. PLEASE MAKE APPOINTMENT WITH 24 HOURS ADVANCE NOTICE.

Last Agent to Sell the Property

Ines Abascal

Fortune Christie's International Real Estate License #0270148 Listed on: 03/25/2014

Fortune Christie's International Real Estate

Last Buyer's Agent

Gloria Ramirez

Great Properties International LLC License #3145849

Great Properties International LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,066

Year Built

  • Built in 1979

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,036 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views
  • Intercom Access

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Accessible Elevator Installed
  • East Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-042-0380

Community Details

Overview

  • High-Rise Condominium
  • Solimar Of Kb Condo
  • Solimar Of Kb Condo Subdivision
  • The community has rules related to no motorcycles

Amenities

  • Intercom to Front Desk

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Phone Entry
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,066

Year Built

Built in 1979

Lot Details

0

HOA Fees

$475 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: SOLIMAR OF KB CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Ice Maker, Electric Range, Refrigerator
  • Interior Amenities: Elevator, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1036
  • Other Equipment: Intercom
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Garden View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: SOLIMAR OF KB CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, No Motorcycle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Elevator Secure, Phone Entry, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 475
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-042-0380
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 475

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2014
Closed on
May 21, 2014
Sold by
Alvarez Carlos G and Alvarez Ana T
Bought by
Nunez Gonzalo and Nunez Ana
Seller's Agent
Ines Abascal
Fortune Christie's International Real Estate
Buyer's Agent
Gloria Ramirez
Great Properties International LLC
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$753,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,528
Avg. Annual Appreciation
5.38%
Original Mortgage
$240,000
Outstanding Balance
$184,439
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$561,452

Purchase Details

Closed on
Aug 17, 2004
Sold by
Trini Holding Corp
Bought by
Alvarez Carlos G and Alvarez Ana T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.5%
Mortgage Type
Unknown
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 $415,000 Attorney
Warranty Deed $320,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Previous Owner $195,000 New Conventional
Previous Owner $175,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2023 09/21/23 Rented $3,350 -10.7% --
09/18/2023 09/18/23 Under Contract -- -- --
08/25/2023 08/25/23 Price Changed $3,750 -2.6% $4 / Sq Ft
08/03/2023 08/03/23 Price Changed $3,850 -3.8% $4 / Sq Ft
06/23/2023 06/23/23 For Rent $4,000 +48.1% --
06/01/2020 06/01/20 Rented $2,700 -1.8% --
03/10/2020 03/10/20 Price Changed $2,750 -3.5% $3 / Sq Ft
01/07/2020 01/07/20 For Rent $2,850 +9.6% --
09/01/2014 09/01/14 Rented $2,600 -3.7% --
08/02/2014 08/02/14 Under Contract -- -- --
07/28/2014 07/28/14 For Rent $2,700 0.0% --
05/28/2014 05/28/14 Sold $415,000 0.0% $401 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $415,000 -- $401 / 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 $7,260 $463,321 -- --
2024 $7,022 $421,201 -- --
2023 $7,022 $382,910 $0 $0
2022 $5,735 $348,100 $0 $0
2021 $5,931 $348,100 $0 $0
2020 $5,580 $338,000 $0 $0
2019 $5,710 $345,000 $0 $0
2018 $5,521 $344,760 $0 $0
2017 $5,569 $344,760 $0 $0
2016 $5,701 $344,760 $0 $0
2015 $5,602 $331,500 $0 $0
2014 $4,380 $243,093 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1926275

MIAMI REALTORS® MLS

APN: 24-5205-042-0380