NOT LISTED FOR SALE

Estimated Value: $2,662,823 - $3,183,000

4 Beds
3 Baths
1,980 Sq Ft
$1,488/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $2,475,000 $1,250 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $18,901/month

107 Days on Market

Highlights

  • Newly Remodeled
  • In Ground Pool
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Maid or Guest Quarters
  • No HOA

About This Home

As of September 2023

Charming one-story home!!! 4 beds and 3 baths (full maids quarters INCLUDED). House renovated in 2009. Dining room, living room, family room, saltwater pool, and impact windows. 24 hour notice for showings (tenant prefers morning showings, from 10am to 2pm). Call or text listing agent

Last Listed By

Adriana Perez Zea

Urdapilleta Real Estate, LLC License #3272552 Listed on: 04/07/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,587

Year Built

  • Built in 1953 | Newly Remodeled

Lot Details

  • 7,778 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Formal Dining Room
  • Marble Flooring
  • Complete Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Parking

  • Circular Driveway
  • Open Parking

Pool

  • In Ground Pool

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-006-1590

Community Details

Overview

  • No Home Owners Association
  • Tropical Isle Homes Sub 4 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,587

Year Built

Built in 1953 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB 4
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Family Room, Maid/In-Law Quarters
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1980
  • Possible Use: Primary
  • Window Features: Complete Impact Glass, Impact Glass
  • Bedroom Features: None
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Family Room, Maid/In-Law Quarters
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Barrel Roof
  • View: None
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ISLE HOMES SUB 4
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Laundry Facilities

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-006-1590
  • Lot Size Sq Ft: 7778
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 24587

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Aug 30, 2023
Sold by
Davila Sergio Carrera and Davila Milonga I
Bought by
Ram Kancharla Revocable Trust and Sreevani Kancharla Revocable Trust
Seller's Agent
Adriana Perez Zea
Urdapilleta Real Estate, LLC
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$2,800,000
Sold Price
$2,475,000
Premium/Discount to List
-$325,000
-11.61%
Total Days on Market
107
Views
94
Current Estimated Value
$2,946,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,456
Avg. Annual Appreciation
10.73%

Purchase Details

Closed on
Nov 26, 2013
Sold by
Liuch Guillermo Martinez and Cruz Sara I Negrin
Bought by
Davila Sergio Carrera and Chamorro Milonga I Lacayo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2003
Sold by
Vergara Jaime and Vergara Ursula
Bought by
Martinez Lluch Guillermo and Cruz Sara I Negrin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
1.88%

Purchase Details

Closed on
Jul 16, 1998
Sold by
Cuellar Norma
Bought by
Vergara Jaime and Vergara Ursula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 1995
Sold by
Luis and Cuellar Norma
Bought by
Cuellar Norma

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
Ram Kancharla Revocable Trust $2,475,000 Title Guaranty
Davila Sergio Carrera $1,600,000 Attorney
Martinez Lluch Guillermo $725,000 --
Vergara Jaime $395,000 --
Cuellar Norma $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davila Sergio Carrera $1,200,000
Previous Owner Martinez Lluch Guillermo $122,000
Previous Owner Martinez Lluch Guillermo $750,000
Previous Owner Cuellar Norma $485,000
Previous Owner Cuellar Norma $73,600
Previous Owner Cuellar Norma $355,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $2,475,000 -6.6% $1,250 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $2,650,000 -5.4% $1,338 / Sq Ft
05/26/2023 05/26/23 For Sale $2,800,000 +13.1% $1,414 / Sq Ft
05/25/2023 05/25/23 Off Market $2,475,000 -- --
04/07/2023 04/07/23 For Sale $2,800,000 0.0% $1,414 / Sq Ft
07/17/2022 07/17/22 Rented $10,000 -9.1% --
07/07/2022 07/07/22 For Rent $11,000 0.0% --
06/30/2022 06/30/22 Under Contract -- -- --
06/29/2022 06/29/22 For Rent $11,000 +46.7% --
07/15/2017 07/15/17 Rented $7,500 0.0% --
04/19/2017 04/19/17 Rented $7,500 0.0% --
03/06/2017 03/06/17 Price Changed $7,500 -6.3% $3 / Sq Ft
02/01/2017 02/01/17 Price Changed $8,000 -5.9% $4 / Sq Ft
01/17/2017 01/17/17 For Rent $8,500 -- --
09/22/2015 09/22/15 Under Contract -- -- --
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 $28,906 $2,040,797 $1,788,940 $251,857
2023 $28,906 $1,523,982 $0 $0
2022 $24,587 $1,385,439 $0 $0
2021 $21,824 $1,259,490 $0 $0
2020 $18,925 $1,144,991 $958,638 $186,353
2019 $21,797 $1,315,692 $1,127,810 $187,882
2018 $21,118 $1,317,331 $1,127,810 $189,521
2017 $25,976 $1,607,012 $0 $0
2016 $26,617 $1,609,660 $0 $0
2015 $21,673 $1,321,138 $0 $0
2014 $22,001 $1,310,653 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11368627

MIAMI REALTORS® MLS

APN: 24-4232-006-1590