NOT LISTED FOR SALE

Estimated Value: $796,000 - $1,195,000

3 Beds
1 Bath
1,081 Sq Ft
$963/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $430,000 $398 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $6,323/month

17 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • No HOA
  • Coral Gables Senior High School Rated A-
  • Garden View
  • 3-minute walk to Elizabeth Virrick Park

About This Home

As of October 2020

Perfect investment opportunity for investors and/or developers within Coconut Grove within a 5700/T3 Duplexes/Townhouses zoned area. This 6,250 sq. ft. lot features a 3bed/1 bath single family "1926" cottage which can be redeveloped into a single-family home, one duplex or 2 townhouses. Property is recently vacant and was rented for $2400.00 month. It can produce income during the planning permitting period. This property is east of US1 close to downtown Coconut Grove shops, restaurants and has all the major highways close by. Lots of potential!

Last Agent to Sell the Property

Carol Pawley

Slesnick and Jochem License #0423089 Listed on: 04/03/2020

Last Buyer's Agent

Lucy Mangrum

LM Realty Group License #3275234

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,230

Year Built

  • Built in 1925

Lot Details

  • 6,250 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 5700

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,081 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Awning
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed

Schools

  • Tucker;F.S. Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Palmhurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-001-1520

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,230

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: US1 to east on Bird Ave. turn Rt on New York St.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: PALMHURST
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Pantry, Volume Ceilings, Utility Room/Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1081
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Lighting
  • Construction Type: Frame
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Awning(s), Deck
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PALMHURST
  • Open Parking: Yes
  • Parking Features: Driveway, On Street

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road, Public Road, Sidewalks

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Tucker;F.S.
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-21-001-1520
  • Lot Size Sq Ft: 6250
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8230

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2021
Sold by
Mangrum Mark and Mangrum Lucy
Bought by
Mangrum Mark and Mangrum Lucy
Current Estimated Value
$1,041,118

Purchase Details

Closed on
May 26, 2020
Sold by
Nesseler Frank Joseph
Bought by
Mangrum Mark and Mangrum Lucy

Purchase Details

Listed on
Nov 28, 2012
Closed on
Oct 24, 2012
Sold by
Bonet Ana Maria and Newcombe Arthur S
Bought by
Nesseler Frank Joseph
Seller's Agent
Nancy Iliffe
Shelton and Stewart REALTORS
Buyer's Agent
Maria Teresa Andreychuk
MTA Realty Group, LLC
Sold Price
$1,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%
Original Mortgage
$171,750
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 1999
Sold by
Zimmerman Scott
Bought by
Bonet Ana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,300
Interest Rate
7.5%
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
Mangrum Mark -- Attorney
Mangrum Mark $430,000 Attorney
Nesseler Frank Joseph $229,000 Attorney
Bonet Ana M $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nesseler Frank Joseph $171,750
Previous Owner Bonet Ana M $20,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2020 10/05/20 Sold $430,000 -9.5% $398 / Sq Ft
04/03/2020 04/03/20 For Sale $475,000 0.0% $439 / Sq Ft
03/05/2019 03/05/19 Rented $2,400 -4.0% --
01/08/2019 01/08/19 For Rent $2,500 +38.9% --
11/28/2012 11/28/12 Rented $1,800 -5.3% --
11/28/2012 11/28/12 For Rent $1,900 0.0% --
10/24/2012 10/24/12 Sold $229,000 0.0% $163 / Sq Ft View Prior Sale
09/18/2012 09/18/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $229,000 -- $163 / 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 $10,159 $577,827 -- --
2024 $10,072 $561,543 -- --
2023 $10,072 $545,188 $0 $0
2022 $9,763 $554,390 $456,250 $98,140
2021 $9,105 $410,637 $334,375 $76,262
2020 $8,649 $474,122 $381,250 $92,872
2019 $8,230 $475,232 $381,250 $93,982
2018 $7,640 $476,343 $381,250 $95,093
2017 $7,179 $259,227 $0 $0
2016 $6,463 $235,661 $0 $0
2015 $5,825 $214,238 $0 $0
2014 $5,204 $194,762 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10841834

MIAMI REALTORS® MLS

APN: 01-4121-001-1520