NOT LISTED FOR SALE

Estimated Value: $7,293,000 - $16,833,000

5 Beds
6 Baths
5,543 Sq Ft
$2,176/Sq Ft Est. Value

Last Sold April 26, 2013

Last sale price $4,500,000 $812 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $79,605/month

Highlights

  • Property has ocean access
  • Private Dock
  • Bay View
  • Sunset Elementary School Rated A
  • In Ground Pool
  • Gated Community

About This Home

As of April 2013

This home is located at 275 Solano Prado, Coral Gables, FL 33156 since 01 February 2013 and is currently estimated at $12,063,000, approximately $2,176 per square foot. This property was built in 1969. 275 Solano Prado is a home located in Miami-Dade County with nearby schools including Sunset Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

Last Agent to Sell the Property

Toni Schrager

Brown Harris Stevens License #0403145 Listed on: 02/01/2013

Brown Harris Stevens

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,146

Year Built

  • Built in 1969

Lot Details

  • 0.65 Acre Lot
  • Home fronts a canal
  • South Facing Home
  • Property is zoned 14/S FM

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway
  • Paver Block
  • Open Parking

Property Views

  • Bay
  • Canal

Home Design

  • Split Level Home
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,543 Sq Ft Home
  • French Doors
  • Entrance Foyer
  • Family Room
  • Sun or Florida Room
  • Marble Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Private Dock
  • Patio
  • Porch

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-008-0120

Community Details

Overview

  • Old Cutler Bay Sec 4 Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,146

Year Built

Built in 1969

Lot Details

0

HOA Fees

$83 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Split Level
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: OLD CUTLER BAY SEC 4
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, French Doors, Family Room, Florida Room, Maid/In-Law Quarters
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 5543
  • Possible Use: Primary
  • Bedroom Features: Primary Bedroom Upstairs
  • Living Room Features: Family Room, Florida Room, Maid/In-Law Quarters

Exterior Features

  • Roof: Barrel Roof
  • View: Bay, Canal
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: OLD CUTLER BAY SEC 4
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 03-51-05-008-0120
  • Lot Size Sq Ft: 28279
  • Zoning: 14/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 24146

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Apr 25, 2013
Sold by
Gelber Edward C and Gelber Laura Jean
Bought by
Sanchez Anibal and Sanchez Marrero Ana F
Seller's Agent
Toni Schrager
Brown Harris Stevens
List Price
$4,900,000
Sold Price
$4,500,000
Premium/Discount to List
-$400,000
-8.16%
Current Estimated Value
$12,063,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,563,000
Avg. Annual Appreciation
5.25%
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
Sanchez Anibal $4,500,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2013 04/26/13 Sold $4,500,000 -8.2% $812 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $4,900,000 -- $884 / 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 $161,707 $8,922,489 -- --
2024 $157,835 $8,671,030 -- --
2023 $157,835 $8,418,476 $0 $0
2022 $154,158 $8,406,297 $0 $0
2021 $157,258 $8,161,454 $4,468,082 $3,693,372
2020 $134,574 $7,971,686 $4,241,850 $3,729,836
2019 $111,169 $5,699,358 $3,981,683 $1,717,675
2018 $71,970 $3,619,732 $3,619,712 $20
2017 $88,081 $4,354,966 $0 $0
2016 $85,961 $4,207,517 $0 $0
2015 $84,251 $4,075,021 $0 $0
2014 $76,782 $3,704,565 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1742969

MIAMI REALTORS® MLS

APN: 03-5105-008-0120