NOT LISTED FOR SALE

2977 Mcfarlane Rd Unit P5 Miami, FL 33133

Northeast Coconut Grove Neighborhood

Estimated Value: $820,318 - $1,419,000

2 Beds
2.5 Baths
1,636 Sq Ft
$546/mo HOA Fee

Last Sold August 22, 2013

Last sale price $400,000 $244 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $6,827/month

135 Days on Market

Highlights

  • Newly Remodeled
  • Two Primary Bathrooms
  • End Unit
  • Coconut Grove Elementary School Rated A
  • Marble Flooring
  • 2-minute walk to Peacock Park

About This Home

As of August 2013

STEPS AWAY FROM COCOWALK, WATER, PARKS, RESTAURANTS AND NIGHT LIFE, UNIT IS COMPLETELY UPGRADED BLACK GRANITE COUNTER, ST APP, WOOD AND MARBLE FLOORS VIEW OF MAIN STREET AND PARK AND PARTIAL WATER VIEW

Last Agent to Sell the Property

Vijay Varki

MMLS Assoc.-Inactive Member License #0566209 Listed on: 03/12/2013

MMLS Assoc.-Inactive Member

Co-Listed By

Soraya Morera

Pan Florida Realty, Inc. License #0668216

Last Buyer's Agent

Vijay Varki

MMLS Assoc.-Inactive Member License #0566209 Listed on: 03/12/2013

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,869

Year Built

  • Built in 1990 | Newly Remodeled

Lot Details

  • End Unit
  • East Facing Home

HOA Fees

  • $546 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Home Design

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

Interior Spaces

  • 1,636 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Two Primary Bathrooms

Outdoor Features

  • Balcony

Schools

  • Coconut Grove Elementary School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-232-0110

Community Details

Overview

  • Low-Rise Condominium
  • Monarch Grove Condos
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 5-Story Property

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Phone Entry
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,869

Year Built

Built in 1990 | Newly Remodeled

Lot Details

0

HOA Fees

$546 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: IN THE MIDDLE OF COCONUT GROVE/MAIN STREET
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 0
  • 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: None

Interior Features

  • Appliances: Dishwasher, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Built-in Features, Custom Mirrors
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 1636
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area
  • Master Bathroom Features: 2 Primary Bathrooms

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • 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 GROVE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Elevator Secure, Phone Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 546
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Coconut Grove

Lot Info

  • Parcel Number: 01-41-21-232-0110
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2869

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2013
Closed on
Aug 20, 2013
Sold by
Varki Vijay George and Varki Jolly
Bought by
2977 Mcfarlane Ph5 Llc
Seller's Agent
Vijay Varki
MMLS Assoc.-Inactive Member
Buyer's Agent
Vijay Varki
MMLS Assoc.-Inactive Member
List Price
$349,000
Sold Price
$400,000
Premium/Discount to List
$51,000
14.61%
Current Estimated Value
$1,040,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,330
Avg. Annual Appreciation
8.16%

Purchase Details

Closed on
Feb 15, 2005
Sold by
Bardel Rene and Bardel Lori Ann
Bought by
Varki Vijay George and Varki Jolly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 25, 2003
Sold by
Cocoview Ltd
Bought by
Bardel Rene and Bardel Lori Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,900
Interest Rate
5.42%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
2977 Mcfarlane Ph5 Llc $400,000 None Available
Varki Vijay George $350,000 Attorney
Bardel Rene $324,000 Windsor Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Varki Vijay George $280,000
Previous Owner Bardel Rene $288,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2013 08/22/13 Sold $400,000 -10.9% $244 / Sq Ft
07/26/2013 07/26/13 Pending -- -- --
03/13/2013 03/13/13 Price Changed $449,000 +28.7% $274 / Sq Ft
03/12/2013 03/12/13 For Sale $349,000 -- $213 / 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 $9,705 $489,678 -- --
2024 $9,389 $445,162 -- --
2023 $9,389 $404,693 $0 $0
2022 $7,915 $367,903 $0 $0
2021 $7,106 $334,458 $0 $0
2020 $7,123 $334,458 $0 $0
2019 $7,139 $334,458 $0 $0
2018 $6,486 $309,683 $0 $0
2017 $6,131 $289,423 $0 $0
2016 $8,071 $364,258 $0 $0
2015 $7,478 $331,144 $0 $0
2014 $6,827 $301,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2013

    Vijay Varki

    MMLS Assoc.-Inactive Member

    Section Image

  • S

    Seller Co-Listing Agent in 2013

    Soraya Morera

    Pan Florida Realty, Inc.

    (305) 442-1531

    9 Total Sales

    Soraya Morera
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1759486

MIAMI REALTORS® MLS

APN: 01-4121-232-0110

Florida Miami/Dade County Miami 33133 Northeast Coconut Grove

2977 Mcfarlane Rd Unit P5, Miami, FL

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