NOT LISTED FOR SALE

290 Cranwood Dr Key Biscayne, FL 33149

Estimated Value: $4,423,094 - $6,865,000

5 Beds
4.5 Baths
4,201 Sq Ft
$1,281/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $3,800,000 $905 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $31,278/month

127 Days on Market

Highlights

  • Boating
  • In Ground Pool
  • Main Floor Bedroom
  • Key Biscayne K-8 Center Rated A-
  • Vaulted Ceiling
  • Garden View

About This Home

As of August 2016

Rare opportunity! Turn-key luxury home on one of the best streets! Custom built in 2004, fully renovated in 2012, this 5 bed, 4.5 bath has a coveted 10,619 SF lot, 4,400 SF living area & 2 car enclosed garage. Heart of the home is the open kitchen & family area, w/ top of the line finishes & appliances (Sub Zero Refrigerator, 2 Sub Zero Wine Coolers & propane Wolf Range). Impeccably finished w/ impact windows, imported roof tiles, generator & landscaping for ultimate privacy in the huge back yard.

Last Agent to Sell the Property

Joan McCaughan

Coldwell Banker Realty License #0087421 Listed on: 02/03/2016

Coldwell Banker Realty

Last Buyer's Agent

Carolina Raaijen

MMLS Assoc.-Inactive Member License #3271491

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,738

Year Built

  • Built in 2004

Lot Details

  • 10,000 Sq Ft Lot
  • Northwest Facing Home
  • Fenced
  • Property is zoned RU-1

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,201 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Tile Flooring
  • Garden Views
  • Impact Glass

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-006-2740

Community Details

Overview

  • Property has a Home Owners Association
  • Tropical Isle Homes Sub Subdivision

Recreation

  • Boating
  • Golf Course Membership Available
  • Beach Club Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,738

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Tropical Isle Homes Sub
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Entrance Foyer, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Family Room
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 4201
  • Possible Use: Primary
  • Window Features: Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Other
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Tropical Isle Homes Sub
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 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: Yes
  • Community Features: Beach Club Member Available, Boating, Golf Equity Available

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-006-2740
  • Lot Size Sq Ft: 10000
  • Zoning: RU-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 31738

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2016
Closed on
Aug 9, 2016
Sold by
Bourbeau Jon Robert and Bourbeau Jaime Elizabeth
Bought by
Martinez Alfredo and Raaijen Carolina
Seller's Agent
Joan McCaughan
Coldwell Banker Realty
Buyer's Agent
Carolina Raaijen
MMLS Assoc.-Inactive Member
List Price
$4,699,000
Sold Price
$3,800,000
Premium/Discount to List
-$899,000
-19.13%
Current Estimated Value
$5,379,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,579,524
Avg. Annual Appreciation
3.77%
Original Mortgage
$1,500,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2011
Closed on
Apr 13, 2012
Sold by
Tootle Clayton C and Tootle Ana L
Bought by
Bourbeau Jon Robert and Bourbeau Jaime Elizabeth
Seller's Agent
Brigitte Nachtigall
One Sotheby's International Realty
Buyer's Agent
Joan McCaughan
Coldwell Banker Realty
List Price
$2,480,000
Sold Price
$2,480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$1,777,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2002
Sold by
H T Pratt M
Bought by
Tootle Clayton C and Tootle Ana L
Source: Public Records
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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
Martinez Alfredo $3,708,800 Attorney
Bourbeau Jon Robert $2,480,000 Attorney
Tootle Clayton C $795,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Alfredo $1,500,000
Previous Owner Bourbeau Jon Robert $1,777,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2016 08/12/16 Sold $3,800,000 -9.3% $905 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
04/06/2016 04/06/16 Price Changed $4,190,000 -10.8% $997 / Sq Ft
02/03/2016 02/03/16 For Sale $4,699,000 +89.5% $1,119 / Sq Ft
04/16/2012 04/16/12 Sold $2,480,000 0.0% $590 / Sq Ft View Prior Sale
03/14/2012 03/14/12 Pending -- -- --
02/28/2011 02/28/11 For Sale $2,480,000 -- $590 / 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 $38,116 $2,453,666 -- --
2024 $37,607 $2,384,516 -- --
2023 $37,607 $2,315,065 $0 $0
2022 $36,219 $2,247,636 $0 $0
2021 $36,343 $2,182,171 $0 $0
2020 $34,906 $2,152,043 $1,053,418 $1,098,625
2019 $38,284 $2,350,865 $1,239,315 $1,111,550
2018 $37,247 $2,363,790 $1,239,315 $1,124,475
2017 $42,888 $2,692,954 $0 $0
2016 $31,273 $1,930,169 $0 $0
2015 $31,738 $1,916,752 $0 $0
2014 $32,219 $1,901,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10024306

MIAMI REALTORS® MLS

APN: 24-4232-006-2740