NOT LISTED FOR SALE

Estimated Value: $6,089,000 - $10,454,146

7 Beds
10 Baths
9,862 Sq Ft
$867/Sq Ft Est. Value

Sale Details

Date Sold: April 26, 2022

Last sale price $8,550,000 $867 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $68,352 / mo

12 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Recreation Room
  • Coconut Grove Elementary School Rated A
  • Gated Community
  • Marble Flooring

About This Home

As of April 2022

Tucked inside the prestigious, private & gated enclave of Hughes Cove, sits this stunning estate, filled w/ natural light, & boasting high ceilings throughout & gorgeous views of the waterfront park & bay across the street! Offering seclusion & elegance w/ room for everyone, this 9,862 sqft, 7 bedroom, 10 bathroom home has a terrific layout for families w/ 5BD/5BA on the 2nd floor & a media room & laundry room! Enjoy expansive balconies, covered terraces, a 2 car garage + carport, summer kitchen, elevator, gourmet gas eat-in kitchen, heated pool, gym, library, his & hers primary baths, playrooms, & rooftop terrace! This exclusive Coconut Grove community w/ only 11 residences, is a short walk to the village & has a 24hr security guard, tennis court, & serene privacy.

Last Agent to Sell the Property

Nancy Batchelor

Compass Florida, LLC License #0416207 Listed on: 03/09/2022

Compass Florida, LLC

Last Buyer's Agent

Julian Johnston

The Corcoran Group License #3041178

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,568

Year Built

  • Built in 2001

Lot Details

  • 12,081 Sq Ft Lot
  • East Facing Home
  • Property is zoned 0100

HOA Fees

  • $2,077 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Guest Parking
  • Open Parking

Property Views

  • Ocean
  • Bay
  • Garden

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 9,862 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Arched Windows
  • Family Room
  • Recreation Room
  • Workshop
  • Storage Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • 10 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Pool Bathroom
  • Auto Pool Cleaner

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-158-0140

Community Details

Overview

  • Hughes Cove Subdivision

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,568

Year Built

Built in 2001

Lot Details

0.28 Acres

HOA Fees

$2,077 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories, Mediterranean
  • Carport Y N: Yes
  • Directions: This renovated, move-in ready residence offers unparalleled lifestyle, security, one of the best central locations. Only 15 minutes to MIA Airport! Walk to shops of Coconut Grove, best private schools: Carrollton, Ransom Everglades, St. Stephens, or UM.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: HUGHES COVE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Elevator, Pantry, Walk-In Closet(s), Family Room, Separate Guest/In-Law Quarters, Recreation Room, Storage, Utility Room/Laundry, Workshop
  • Spa Yn: Yes
  • Full Bathrooms: 10
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 9862
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Impact Glass, Arched Windows, Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Living Room Features: Family Room, Separate Guest/In-Law Quarters, Recreation Room, Storage Room, Utility Room/Laundry, Workshop

Exterior Features

  • Roof: Barrel Roof
  • View: Bay, Garden, Ocean, Water
  • Exterior Features: Barbeque, Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch, Patio, Wrap Around
  • Pool Features: Auto Pool Clean, In Ground, Fenced, Gunite, Heated, Pool Bath
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: HUGHES COVE
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, Driveway, Guest, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 2077
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated, Tennis Court(s)
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 01-41-21-158-0140
  • Lot Size Sq Ft: 12081
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 64568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 26, 2022
Sold by
Jude Pace Christopher Rebel and Jude Eli Reagan
Bought by
Mia-Max Llc
Seller's Agent
Nancy Batchelor
Compass Florida, LLC
Buyer's Agent
Julian Johnston
The Corcoran Group
List Price
$8,900,000
Sold Price
$8,550,000
Premium/Discount to List
-$350,000
-3.93%
Current Estimated Value
$10,018,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,468,543
Avg. Annual Appreciation
-0.01%

Purchase Details

Listed on
Mar 21, 2016
Closed on
May 24, 2017
Sold by
Paulsson Jan
Bought by
Pace Christopher R J and Pace Reagan
Seller's Agent
Carole Smith
Compass Florida, LLC
Buyer's Agent
Carole Smith
Compass Florida, LLC
List Price
$4,500,000
Sold Price
$3,747,312
Premium/Discount to List
-$752,688
-16.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.25%
Original Mortgage
$2,150,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 7, 2013
Closed on
May 2, 2014
Sold by
3314 Devon Ct Llc
Bought by
Paulsson Jan
Seller's Agent
Bragi Sigurdsson
MMLS Assoc.-Inactive Member
Buyer's Agent
Aaron Mastny
MMLS Assoc.-Inactive Member
List Price
$4,400,000
Sold Price
$3,950,000
Premium/Discount to List
-$450,000
-10.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.70%

Purchase Details

Listed on
Oct 15, 2012
Closed on
Oct 5, 2012
Sold by
Dela Fe Ernesto and De La Fe Ana Maria
Bought by
3314 Devon Ct Llc
Seller's Agent
Bragi Sigurdsson
MMLS Assoc.-Inactive Member
Buyer's Agent
Tere Shelton Bernace
Shelton and Stewart REALTORS
Sold Price
$16,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.69%

Purchase Details

Closed on
Apr 25, 2005
Sold by
Vestimenta Corp
Bought by
Delafe Ernesto and Delafe Ana Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,907,500
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 31, 2001
Sold by
Howglo Inc C
Bought by
Vestimenta Corp
Source: Public Records
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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
Mia-Max Llc $8,550,000 Clear Title Group
Pace Christopher R J $3,747,400 Attorney
Paulsson Jan $3,950,000 Attorney
3314 Devon Ct Llc $3,100,000 Attorney
Delafe Ernesto $2,725,000 --
Vestimenta Corp $3,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pace Christopher R J $2,150,000
Previous Owner Delafe Ernesto $1,907,500
Previous Owner Vestimenta Corp $1,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2022 04/26/22 Sold $8,550,000 -3.9% $867 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $8,900,000 +137.5% $902 / Sq Ft
05/26/2017 05/26/17 Sold $3,747,312 -16.7% $380 / Sq Ft View Prior Sale
04/11/2017 04/11/17 Pending -- -- --
03/21/2016 03/21/16 For Sale $4,500,000 +13.9% $456 / Sq Ft
05/02/2014 05/02/14 Sold $3,950,000 -10.2% $401 / Sq Ft View Prior Sale
03/15/2014 03/15/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $4,400,000 +11.4% $446 / Sq Ft
03/11/2014 03/11/14 Off Market $3,950,000 -- --
11/07/2013 11/07/13 For Sale $4,400,000 0.0% $446 / Sq Ft
11/17/2012 11/17/12 Rented $16,000 -20.0% --
10/18/2012 10/18/12 Under Contract -- -- --
10/15/2012 10/15/12 For Rent $20,000 0.0% --
10/05/2012 10/05/12 Sold $3,100,000 0.0% $314 / Sq Ft View Prior Sale
09/10/2012 09/10/12 Pending -- -- --
06/12/2012 06/12/12 For Sale $3,100,000 -- $314 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $147,837 $7,309,381 $2,857,156 $4,452,225
2024 $143,194 $7,360,627 $2,857,156 $4,503,471
2023 $143,194 $6,947,433 $2,597,415 $4,350,018
2022 $71,245 $3,323,186 $0 $0
2021 $64,568 $3,021,079 $1,570,530 $1,450,549
2020 $65,105 $3,038,984 $1,570,530 $1,468,454
2019 $65,634 $3,056,890 $1,570,530 $1,486,360
2018 $64,783 $3,074,794 $1,570,530 $1,504,264
2017 $78,614 $3,693,050 $0 $0
2016 $78,229 $3,491,651 $0 $0
2015 $70,959 $3,174,229 $0 $0
2014 $58,244 $2,551,459 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11168993

MIAMI REALTORS® MLS

APN: 01-4121-158-0140

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