NOT LISTED FOR SALE

290 Ridgewood Rd Key Biscayne, FL 33149

Estimated Value: $4,521,460 - $5,620,000

7 Beds
6.5 Baths
3,991 Sq Ft
$1,264/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $4,350,000 $1,090 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $30,142/month

330 Days on Market

Highlights

  • Built in 2001 | Newly Remodeled
  • Heated In Ground Pool
  • Maid or Guest Quarters
  • Key Biscayne K-8 Center Rated A-
  • Sitting Area In Primary Bedroom
  • Deck

About This Home

As of March 2024

LIGHT AND BRIGHT FAMILY HOME WITH 7 BEDROOMS AND 6 AND 1/2 BATHROOMS. ELEGANT TWO-STORY ENTRY FOYER. THIS ELEVATED HOME IS LOCATED ON A QUIET STREET. MARBLE FLOORS DOWNSTAIRS AND WOOD FLOORS UPSTAIRS. HIGH CEILINGS THROUGHOUT THE HOME.
FORMAL LIVING ROOM, FORMAL DINING ROOM, WITH SEPARATE FAMILY ROOM OFF THE KITCHEN. SPACIOUS KITCHEN HAS GRANITE COUNTERS WITH NEW TOP-OF-THE-LINE STAINLESS STEEL APPLIANCES AND A BREAKFAST AREA OVERLOOKING THE POOL. NEW SUMMER KTICHEN LOCATED UNDER COVERED PATIO. NEW HEATED POOL WITH SPA. METAL ROOF.
TWO CAR GARAGE. LOTS OF STORAGE FOR BOATING AND POOL EQUIPMENT.

Last Agent to Sell the Property

Joan McCaughan

Coldwell Banker Realty License #0087421 Listed on: 04/13/2023

Coldwell Banker Realty

Last Buyer's Agent

David Siddons

Douglas Elliman License #3225344

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,959

Year Built

  • Built in 2001 | Newly Remodeled

Lot Details

  • 7,556 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block
  • Guest Parking
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,991 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Complete Impact Glass
  • High Impact Door

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Outdoor Grill
  • Porch

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Club Membership Available
  • Tropical Isle Homes Sub 4,Key Biscayne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-006-1670

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,959

Year Built

Built in 2001 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB 4,KEY BISCAYNE
  • Year Built Details: New Construction
  • 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, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Entrance Foyer, Volume Ceilings, Walk-In Closet(s), Family Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3991
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub, Sitting Area - Primary Bedroom
  • Dining Room Features: Eat-In Kitchen, Formal Dining, Kitchen Dining
  • Living Room Features: Family Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Whirlpool/Spa

Exterior Features

  • Roof: Metal Roof
  • View: Garden, Pool
  • Exterior Features: Built-In Grill
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Porch
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TROPICAL ISLE HOMES SUB 4
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, Guest, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Other Membership Available

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-006-1670
  • Lot Size Sq Ft: 7556
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 29959

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Mar 26, 2024
Sold by
Wester Forest and Wester Sara T
Bought by
Macari Jason
Seller's Agent
Joan McCaughan
Coldwell Banker Realty
Buyer's Agent
David Siddons
Douglas Elliman
List Price
$4,900,000
Sold Price
$4,350,000
Premium/Discount to List
-$550,000
-11.22%
Views
177
Current Estimated Value
$5,043,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$693,865
Avg. Annual Appreciation
8.67%
Original Mortgage
$3,000,000
Outstanding Balance
$2,943,828
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$2,100,037

Purchase Details

Listed on
Oct 31, 2012
Closed on
Apr 5, 2013
Sold by
Perez Hickman Fernando and Escolar Maria Del Carmen
Bought by
Wester Forest and Wester Sara T
Seller's Agent
Maria Escolar
MMLS Assoc.-Inactive Member
Buyer's Agent
Joan McCaughan
Coldwell Banker Realty
List Price
$2,750,000
Sold Price
$2,596,000
Premium/Discount to List
-$154,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$1,947,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2012
Sold by
Fernando P Hickman P and Fernando Maria D
Bought by
Wester Forest

Purchase Details

Closed on
Mar 15, 2004
Sold by
Kelly Martha
Bought by
Perez Hickman Fernando and Escola Maria Del Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 29, 2001
Sold by
Rorohico Associates C
Bought by
Kelly Lorenzo J and Kelly Martha P

Purchase Details

Closed on
Jul 11, 2000
Sold by
M & M Luxury Builders Inc
Bought by
Rorohico Associates Ltd

Purchase Details

Closed on
Jan 19, 2000
Sold by
Feeny Thomas P
Bought by
M & M Luxury Builder'S Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Macari Jason $4,350,000 None Listed On Document
Wester Forest $2,596,000 South Coast Title
Wester Forest $2,596,000 --
Perez Hickman Fernando $1,475,000 --
Kelly Lorenzo J $1,330,000 --
Rorohico Associates Ltd $450,000 --
M & M Luxury Builder'S Inc $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macari Jason $3,000,000
Previous Owner Wester Forest $1,947,000
Previous Owner Perez Hickman Fernando $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2024 03/26/24 Sold $4,350,000 -3.2% $1,090 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/08/2024 02/08/24 Price Changed $4,495,000 -8.3% $1,126 / Sq Ft
09/18/2023 09/18/23 For Sale $4,900,000 +12.6% $1,228 / Sq Ft
08/24/2023 08/24/23 Off Market $4,350,000 -- --
08/24/2023 08/24/23 For Sale $4,900,000 +12.6% $1,228 / Sq Ft
07/30/2023 07/30/23 Off Market $4,350,000 -- --
04/13/2023 04/13/23 For Sale $4,900,000 +88.8% $1,228 / Sq Ft
04/08/2013 04/08/13 Sold $2,596,000 -5.6% $667 / Sq Ft View Prior Sale
10/31/2012 10/31/12 For Sale $2,750,000 -- $706 / 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 $45,524 $3,368,548 $1,964,560 $1,403,988
2024 $31,167 $2,819,299 $1,737,880 $1,081,419
2023 $31,167 $1,909,462 $0 $0
2022 $29,959 $1,853,847 $0 $0
2021 $30,049 $1,799,852 $0 $0
2020 $28,679 $1,775,002 $931,277 $843,725
2019 $31,640 $1,949,630 $1,095,620 $854,010
2018 $30,776 $1,959,915 $1,095,620 $864,295
2017 $32,230 $2,033,326 $0 $0
2016 $32,287 $1,991,505 $0 $0
2015 $32,768 $1,977,662 $0 $0
2014 $33,264 $1,961,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11364572

MIAMI REALTORS® MLS

APN: 24-4232-006-1670