NOT LISTED FOR SALE

2889 Mcfarlane Rd Unit 1101/03 Miami, FL 33133

Northeast Coconut Grove Neighborhood

Estimated Value: $1,375,440 - $1,822,000

3 Beds
3.5 Baths
1,515 Sq Ft
2001 Built

Last Sold August 27, 2018

Last sale price $1,100,000 $726 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $10,437/month

7 Days on Market

Highlights

  • Fitness Center
  • Private Guards
  • Bay View
  • Coconut Grove Elementary School Rated A
  • Newly Remodeled
  • 4-minute walk to Kenneth M Myers Bayside Park

About This Home

As of August 2018

COVETED PALM SUITE UNIT RARE DEEDED 3 BEDROOM 3 1/2 BATH WITH DIRECT BREATHTAKING BISCAYNE BAY VIEWS.
LARGE WRAP AROUND BALCONY SPECTACULAR SPACE AND LOCATION. OPEN FLOOR PLAN NEWER STAINLESS APPLIANCES, NEW CARPET,NEWER WASHER DRYER 3 NEW 55 INCH SMART TV'S CREATIVE FLOOR PLAN ALLOWS FOR 3 BEDROOMS OR 2 BEDROOMS WITH A LOCK OUT STUDIO WITH KITCHENETTE. NO RENTAL RESTRICTIONS AFFORDS YOU THE POSSIBILITY OF LIVING AND RENTAL INCOME. FULL SERVICE HOTEL CONDO WITH RESORT AMENITIES. IMPRESSIVE RENTAL HISTORY. UNIT IS RENTED (2 BEDROOM) NOT STUDIO FOROM DEC 2018 TO APRIL 10, 2019 FOR $6500 PER MONTH.NOTHING LIKE THIS AVAILABLE WITH COMPARABLE VIEWS AND 3 BEDROOMS IN THE GROVE.
WALK TO ALL RESTAURANTS SHOPS YACHT CLUBS PARKS PERFECT FOR SAILING FAMILY'S

Last Agent to Sell the Property

Maxine Siegler

Miami Property Shop License #3163397 Listed on: 08/02/2018

Last Buyer's Agent

Maxine Siegler

Miami Property Shop License #3163397 Listed on: 08/02/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,408

Year Built

  • Built in 2001 | Newly Remodeled

Parking

  • 2 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,515 Sq Ft Home
  • Furnished
  • Entrance Foyer
  • Bay Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Two Primary Bathrooms

Home Security

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Balcony
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-218-0030

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Mutiny Park Condo
  • Mutiny Park Condo Subdivision
  • 22-Story Property

Amenities

  • Sauna
  • Trash Chute
  • Lobby
  • Bike Room

Recreation

  • Fitness Center
  • Heated Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $6,939

Security

  • Private Guards
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,408

Year Built

Built in 2001 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: SOUTH BAYSHORE TO MCFARLANE
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MUTINY PARK CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Lobby, Fire Sprinklers, Entrance Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Furnished
  • Living Area: 1515
  • Possible Use: Unknown/Withheld
  • Stories: 22
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Master Bathroom Features: 2 Primary Bathrooms

Exterior Features

  • View: Bay
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MUTINY PARK CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Heat Pump/Reverse Cycle
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Private Guards

Condo/Co-op/Association

  • Amenities: Bike Storage, Exercise Room, Heated Pool, Sauna, Trash Chute
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-21-218-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 6939

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2018
Closed on
Aug 21, 2018
Sold by
Arjomand Farooq M
Bought by
Ridgeback Capital Management Lp
Seller's Agent
Maxine Siegler
Miami Property Shop
Buyer's Agent
Maxine Siegler
Miami Property Shop
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$1,605,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,360
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Sep 24, 2004
Sold by
Union Planters Bank Na
Bought by
Arjomand Farooq

Purchase Details

Closed on
Mar 30, 2004
Sold by
Laury Aud Enterprise Corp
Bought by
Union Planters Bank Na

Purchase Details

Closed on
May 22, 2002
Sold by
Mutiny On The Park Ltd
Bought by
Laury Of Aud Ent Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2002
Sold by
Mutiny On The Park Ltd
Bought by
Lauryland Ents

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
6.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ridgeback Capital Management Lp $1,100,000 Clear Title Group
Arjomand Farooq $533,500 --
Union Planters Bank Na -- --
Union Planters Bank Na $528,100 --
Laury Of Aud Ent Corp -- --
Lauryland Ents $710,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lauryland Ents $532,500
Previous Owner Lauryland Ents $532,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2018 08/27/18 Sold $1,100,000 -8.3% $726 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $1,200,000 -- $792 / 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 $20,489 $975,889 -- --
2024 $19,104 $980,404 -- --
2023 $19,104 $891,277 $0 $0
2022 $16,801 $810,252 $0 $0
2021 $15,650 $736,593 $0 $0
2020 $15,685 $736,593 $0 $0
2019 $14,290 $669,424 $0 $0
2018 $11,048 $614,150 $0 $0
2017 $10,408 $491,320 $0 $0
2016 $10,723 $491,320 $0 $0
2015 $10,925 $491,320 $0 $0
2014 $11,425 $477,592 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Maxine Siegler

    Miami Property Shop

    (305) 968-7554

    28 in this area

    32 Total Sales

    Maxine Siegler
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10514841

MIAMI REALTORS® MLS

APN: 01-4121-218-0030

Florida Miami/Dade County Miami 33133 Northeast Coconut Grove

2889 Mcfarlane Rd Unit 1101/03, Miami, FL

This home is located at 2889 Mcfarlane Rd Unit 1101/03, Miami, FL 33133 since 02 August 2018 and is currently estimated at $1,605,360, approximately $1,059 per square foot. This property was built in 2001. 2889 Mcfarlane Rd Unit 1101/03 is a home located in Miami-Dade County with nearby schools including Coconut Grove Elementary School, 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.

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