NOT LISTED FOR SALE

2977 Mcfarlane Rd Unit 11 Miami, FL 33133

Northeast Coconut Grove Neighborhood

Estimated Value: $647,000 - $1,247,000

2 Beds
1.5 Baths
1,539 Sq Ft
$498/mo HOA Fee

Last Sold December 16, 2016

Last sale price $325,000 $211 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $5,746/month

134 Days on Market

Highlights

  • Newly Remodeled
  • Balcony
  • Views
  • Coconut Grove Elementary School Rated A
  • 2 Car Attached Garage
  • 2-minute walk to Peacock Park

About This Home

As of December 2016

Best location in the heart of Coconut Grove. Boutique building with condo / office mixed use. This beautiful 1500 sq.ft. (inc. terrace) 2 story apartment boasts huge balcony and assigned covered two parking spaces. Walking distance to shops, restaurants, theaters, best schools - Ransom Everglades, Carlton and St. Stevens, 10 min drive to University of Miami, 15 min drive to downtown and Miami airport, easy access to expressway and Miami Beach. Pets friendly building with 11 units only

Last Agent to Sell the Property

Luba Dewitt

Xcellence Realty License #3012854 Listed on: 05/24/2016

Xcellence Realty

Last Buyer's Agent

Xavier Maynoldi

Real Estate Sales Force License #3133867

Real Estate Sales Force

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,460

Year Built

  • Built in 1990 | Newly Remodeled

HOA Fees

  • $498 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Deeded Parking

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,539 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room
  • Dryer
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Home Security

Schools

  • Coconut Grove Elementary School
  • Ponce De Leon Middle School
  • Coral Glades High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-232-0170

Community Details

Overview

  • 11 Units
  • Low-Rise Condominium
  • Monarch Condos
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Pet Policy

  • Pets Allowed

Building Details

Security

  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,460

Year Built

Built in 1990 | Newly Remodeled

Lot Details

0

HOA Fees

$498 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 4
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Other View
  • 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

  • Attached Garage: Yes
  • Park Building Name: Monarch
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Deeded, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Elevator Secure, Card Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 498
  • Amenities: Elevator(s), None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Coconut Grove
  • High School: Coral Glades High
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-21-232-0170
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6460

Multi Family

  • Maintenance Expense: 498
  • Number Of Units In Community: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2016
Closed on
Dec 16, 2016
Sold by
Parten Adam and Erickson Faye
Bought by
Sotolongo Jorge G
Seller's Agent
Luba Dewitt
Xcellence Realty
Buyer's Agent
Xavier Maynoldi
Real Estate Sales Force
List Price
$380,000
Sold Price
$325,000
Premium/Discount to List
-$55,000
-14.47%
Current Estimated Value
$906,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,826
Avg. Annual Appreciation
12.26%
Original Mortgage
$227,500
Outstanding Balance
$188,356
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$718,470

Purchase Details

Closed on
Jun 29, 2004
Sold by
Cocoview Ltd
Bought by
Parten Adam and Erickson Faye
Source: Public Records

Range of Values:

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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
Sotolongo Jorge G $325,000 Attorney
Parten Adam $260,000 Windsor Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sotolongo Jorge G $227,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2016 12/16/16 Sold $325,000 -6.9% $211 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
08/19/2016 08/19/16 Price Changed $349,000 -8.2% $227 / Sq Ft
07/20/2016 07/20/16 For Sale $380,000 0.0% $247 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $380,000 0.0% $247 / Sq Ft
02/02/2012 02/02/12 Rented $1,800 -5.3% --
01/03/2012 01/03/12 Under Contract -- -- --
12/26/2011 12/26/11 For Rent $1,900 -- --
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 $5,737 $337,652 -- --
2024 $5,689 $328,137 -- --
2023 $5,689 $318,580 $0 $0
2022 $5,510 $309,301 $0 $0
2021 $5,493 $300,293 $0 $0
2020 $5,421 $296,147 $0 $0
2019 $5,291 $289,489 $0 $0
2018 $5,071 $284,092 $0 $0
2017 $5,010 $278,249 $0 $0
2016 $6,967 $300,273 $0 $0
2015 $6,460 $272,976 $0 $0
2014 $5,898 $248,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Luba Dewitt

    Seller's Agent in 2016

    Luba Dewitt

    Xcellence Realty

    6 Total Sales

    Luba Dewitt
    Section Image

  • X

    Buyer's Agent in 2016

    Xavier Maynoldi

    Real Estate Sales Force

    Section Image
  • Madeleyne Sutton

    Buyer's Agent in 2012

    Madeleyne Sutton

    One Sotheby's International Re

    (305) 538-9711

    45 Total Sales

    Madeleyne Sutton
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10080638

MIAMI REALTORS® MLS

APN: 01-4121-232-0170

Florida Miami/Dade County Miami 33133 Northeast Coconut Grove

2977 Mcfarlane Rd Unit 11, Miami, FL

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