NOT LISTED FOR SALE

Estimated Value: $236,168 - $280,000

2 Beds
2 Baths
955 Sq Ft
$300/mo HOA Fee

Last Sold March 27, 2014

Last sale price $104,900 $110 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $2,283/month

139 Days on Market

Highlights

  • Private Dock
  • Fishing
  • Clubhouse
  • Fitness Center
  • Home fronts a canal
  • Community Pool

About This Home

As of March 2014

Beautiful 2bed/2bath condo in great location. 5 minutes to the beach, boat dock available, walking distance to shopping and dinning. This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down! This property is approved for Hom ePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Jodi Macken

Macken Realty Inc License #0553949 Listed on: 10/02/2013

Macken Realty Inc

Last Buyer's Agent

Brenda Velez

Macken Realty, Inc. License #3267173

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,331

Year Built

  • Built in 1972

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 955 Sq Ft Home
  • Tile Flooring
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Attached Carport
  • Open Parking

Outdoor Features

  • Private Dock
  • Balcony

Additional Features

  • Home fronts a canal
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 07-22-15-018-0060

Community Details

Overview

  • Mid-Rise Condominium
  • Island Shores Condo
  • 10-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities
  • Secure Lobby

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • No Pets Allowed

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,331

Year Built

Built in 1972

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Carport Y N: Yes
  • Directions: TAKE BISCAYNE BLVD AND HEAD EAST ONTO 163RD ST. DRIVE 3/4 OF A MILE AND MAKE A LEGAL U-TURN. BUILDING WILL BE ON YOUR RIGHT HAND SIDE.
  • Entry Level: 7
  • Garage Yn: No
  • Horses: No
  • Inclusions: Private Dock
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 955
  • Possible Use: Investment
  • Stories: 10
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Island Shores Condo
  • Open Parking: Yes
  • Parking Features: Attached Carport, Open

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 300
  • Amenities: Boat Dock, Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Fishing Pier, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 07-22-15-018-0060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1331

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2017
Sold by
Martins Carlos Edson and Palumbo Elvira Leao
Bought by
Martins Caio Cesar
Current Estimated Value
$301,641

Purchase Details

Listed on
Oct 2, 2013
Closed on
Mar 27, 2014
Sold by
Fannie Mae
Bought by
Martins Carlos E and Palumbo Elvira L
Seller's Agent
Jodi Macken
Macken Realty Inc
Buyer's Agent
Brenda Velez
Macken Realty, Inc.
List Price
$109,900
Sold Price
$104,900
Premium/Discount to List
-$5,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%

Purchase Details

Closed on
Aug 22, 2013
Sold by
Solares Marco
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 7, 2004
Sold by
Lorenzo Lorenzo Elias
Bought by
Solares Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 23, 2003
Sold by
Acevedo Jairo
Bought by
Lorenzo Lorenzo Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 10, 1999
Sold by
Ecuasal A Florida General Partnersh
Bought by
Acevedo Jairo
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
Martins Caio Cesar -- None Available
Martins Carlos E $104,900 None Available
Federal National Mortgage Association $92,300 None Available
Solares Marco $148,000 Investors Online Title Inc
Lorenzo Lorenzo Elias $105,000 Continental Title Company
Acevedo Jairo $86,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solares Marco $184,000
Previous Owner Solares Marco $164,000
Previous Owner Solares Marco $148,000
Previous Owner Acevedo Jairo $13,000
Previous Owner Lorenzo Lorenzo Elias $99,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2014 03/27/14 Sold $104,900 -4.5% $110 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $109,900 0.0% $115 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
01/10/2014 01/10/14 Price Changed $109,900 -8.3% $115 / Sq Ft
01/06/2014 01/06/14 For Sale $119,900 0.0% $126 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
11/01/2013 11/01/13 Price Changed $119,900 -13.1% $126 / Sq Ft
10/02/2013 10/02/13 For Sale $138,000 -- $145 / 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 $3,967 $191,327 -- --
2024 $3,526 $173,934 -- --
2023 $3,526 $158,122 $0 $0
2022 $3,089 $143,748 $0 $0
2021 $2,897 $130,680 $0 $0
2020 $2,643 $118,800 $0 $0
2019 $2,881 $129,100 $0 $0
2018 $3,030 $137,293 $0 $0
2017 $2,615 $116,350 $0 $0
2016 $2,550 $110,810 $0 $0
2015 $2,618 $110,810 $0 $0
2014 $1,840 $76,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1850705

MIAMI REALTORS® MLS

APN: 07-2215-018-0060