NOT LISTED FOR SALE

Estimated Value: $2,719,000 - $3,930,000

4 Beds
4 Baths
2,417 Sq Ft
$1,337/Sq Ft Est. Value

Last Sold November 12, 2015

Last sale price $2,070,000 $856 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $18,955/month

173 Days on Market

Highlights

  • In Ground Pool
  • Garden View
  • Porch
  • Key Biscayne K-8 Center Rated A-
  • No HOA
  • Walk-In Closet

About This Home

As of November 2015

Best Value in Key Biscayne, one block from the bay and 4 blocks to the ocean. Nicely updated and meticulously maintained 4/4 pool home. New tile roof. New A/C and duct work. Pool with South exposure. Open floor plan. Great for entertaining. Easy to show.

Last Agent to Sell the Property

Juan Vergez

MMLS Assoc.-Inactive Member License #3038157 Listed on: 04/08/2015

Last Buyer's Agent

Mercedes Lorenzi

One Sotheby's International Realty License #3249083

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,273

Year Built

  • Built in 1951

Lot Details

  • 7,500 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 10/S FM

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,417 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Storage Room
  • Ceramic Tile Flooring
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • 5 & 6 55 42 Biscayne Key Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-001-3030

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,273

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • 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: 5 & 6 55 42 BISCAYNE KEY
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Walk-In Closet(s), Storage
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor
  • Furnished: Partially Furnished
  • Living Area: 2417
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Entry Level
  • Living Room Features: Storage Room

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden
  • Exterior Features: Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 5 & 6 55 42 BISCAYNE KEY
  • Parking Features: Other

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-001-3030
  • Lot Size Sq Ft: 7500
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 8273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2015
Closed on
Nov 1, 2015
Sold by
Vergez Juan Luis and Vergez Silvia A
Bought by
Costa Norberto Quirno and Gonzales Belen Dodero
Seller's Agent
Juan Vergez
MMLS Assoc.-Inactive Member
Buyer's Agent
Mercedes Lorenzi
One Sotheby's International Realty
List Price
$2,099,000
Sold Price
$2,070,000
Premium/Discount to List
-$29,000
-1.38%
Total Days on Market
173
Current Estimated Value
$3,231,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,161,678
Avg. Annual Appreciation
3.78%
Original Mortgage
$1,449,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 12, 1999
Sold by
Gallagher Jacqueline M
Bought by
Vergez Juan L and Vergez Silvia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,800
Interest Rate
6.77%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Costa Norberto Quirno $2,070,000 Attorney
Vergez Juan L $426,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costa Norberto Quirno $1,397,000
Closed Costa Norberto Quirno $1,449,000
Previous Owner Vergez Juan Luis $100,000
Previous Owner Vergez Juan Luis $800,000
Previous Owner Vergez Juan L $58,000
Previous Owner Vergez Juan L $499,800
Previous Owner Vergez Juan L $340,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2015 11/12/15 Sold $2,070,000 -1.0% $856 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
06/16/2015 06/16/15 Price Changed $2,090,000 -0.4% $865 / Sq Ft
04/08/2015 04/08/15 For Sale $2,099,000 -- $868 / 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
2024 $21,655 $1,343,446 -- --
2023 $21,655 $1,304,317 $0 $0
2022 $20,622 $1,266,328 $0 $0
2021 $20,663 $1,229,445 $0 $0
2020 $19,391 $1,212,471 $924,375 $288,096
2019 $22,848 $1,379,242 $1,087,500 $291,742
2018 $22,167 $1,382,904 $1,087,500 $295,404
2017 $26,897 $1,664,067 $0 $0
2016 $27,612 $1,667,730 $0 $0
2015 $8,146 $518,981 $0 $0
2014 $8,274 $514,863 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2098385

MIAMI REALTORS® MLS

APN: 24-5205-001-3030