NOT LISTED FOR SALE

Estimated Value: $3,176,592 - $4,067,000

5 Beds
5.5 Baths
4,173 Sq Ft
$890/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $2,300,000 $551 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $22,976/month

82 Days on Market

Highlights

  • Guest House
  • Concrete Pool
  • Vaulted Ceiling
  • Bayview Elementary School Rated A
  • Sitting Area In Primary Bedroom
  • Pool View

About This Home

As of June 2017

This majestic luxurious home is located in Las Olas By The Sea, steps away from the beach. 5 bedrooms, 5.5 bathrooms with a cabana-lounge area for your maximum entertainment. 2 living rooms, 2 car garages, central vacuum, natural gas electronic fire place, lutron system, remote control shade, roof top with some view to the ocean. Top of the line Zub Zero refrigerator, all other appliances are Wolf, including cooktop. All new impact windows and doors. House was renovated to perfection.

Last Agent to Sell the Property

Roberta Lucas

MMLS Assoc.-Inactive Member License #3244406 Listed on: 03/12/2017

Last Buyer's Agent

Jay Oreman

Home Solutions Real Estate Ser License #3113075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,633

Year Built

  • Built in 1988

Lot Details

  • 8,107 Sq Ft Lot
  • North Facing Home

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,173 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Efficiency Studio
  • Tile Flooring
  • Pool Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Exterior Lighting

Additional Homes

  • Guest House
  • Guest House Includes Kitchen

Schools

  • Bayview Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Las Olas By The Sea Ext Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494331020150

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,633

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: Had east on Sunrise blvd, A1A turn left, NE 16th PLACE turn left.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: LAS OLAS BY THE SEA EXT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: Efficiency, Kitchen
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Vaulted Ceiling(s)
  • Spa Yn: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 4173
  • Possible Use: Primary
  • Bedroom Features: Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Guest House
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Roof With Facade Front
  • View: Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Guest House
  • Pool Features: In Ground, Concrete
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: LAS OLAS BY THE SEA EXT
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Bayview

Lot Info

  • Parcel Number: 494331020150
  • Lot Size Sq Ft: 8107
  • Zoning: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 30633

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2017
Closed on
Jun 30, 2017
Sold by
Las Olas Beach Llc
Bought by
Hara Ken
Seller's Agent
Roberta Lucas
MMLS Assoc.-Inactive Member
Buyer's Agent
Jay Oreman
Home Solutions Real Estate Ser
List Price
$2,799,900
Sold Price
$2,300,000
Premium/Discount to List
-$499,900
-17.85%
Current Estimated Value
$3,712,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,412,398
Avg. Annual Appreciation
5.94%
Original Mortgage
$700,000
Outstanding Balance
$582,539
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$3,129,859

Purchase Details

Listed on
Jun 23, 2016
Closed on
Jun 30, 2016
Sold by
Chin Kingsley R and Dudley Vanessa
Bought by
Las Olas Beach Llc
Seller's Agent
Roberta Lucas
MMLS Assoc.-Inactive Member
Buyer's Agent
Roberta Lucas
MMLS Assoc.-Inactive Member
List Price
$1,550,000
Sold Price
$1,400,000
Premium/Discount to List
-$150,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.29%

Purchase Details

Listed on
Mar 26, 2014
Closed on
Dec 23, 2014
Sold by
Nassau Arthur G and Nassau Rea
Bought by
Chin Kingsley R and Dudley Vanessa
Seller's Agent
Cliff Glansen
FlatFee.com
List Price
$1,749,000
Sold Price
$1,602,500
Premium/Discount to List
-$146,500
-8.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.50%
Original Mortgage
$1,260,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 1, 1998
Sold by
Levy Lila M
Bought by
Nassau Arthur G and Nassau Rea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1980
Sold by
Available Not
Bought by
Available Not
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
Hara Ken $2,300,000 Attorney
Las Olas Beach Llc $1,400,000 Attorney
Chin Kingsley R $1,602,500 Attorney
Nassau Arthur G $259,000 --
Available Not $5,714 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hara Ken $700,000
Previous Owner Chin Kingsley R $1,260,000
Previous Owner Nassau Arthur G $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2017 06/30/17 Sold $2,300,000 -8.0% $551 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/10/2017 05/10/17 Price Changed $2,499,900 -3.8% $599 / Sq Ft
04/21/2017 04/21/17 Price Changed $2,599,900 -7.1% $623 / Sq Ft
03/11/2017 03/11/17 For Sale $2,799,900 +100.0% $671 / Sq Ft
06/30/2016 06/30/16 Sold $1,400,000 -9.7% $388 / Sq Ft View Prior Sale
06/23/2016 06/23/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $1,550,000 -3.3% $429 / Sq Ft
12/23/2014 12/23/14 Sold $1,602,500 -8.4% $428 / Sq Ft View Prior Sale
11/23/2014 11/23/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $1,749,000 -- $467 / 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 $39,526 $2,199,500 -- --
2024 $38,897 $2,137,520 -- --
2023 $38,897 $2,075,270 $0 $0
2022 $37,131 $2,014,830 $0 $0
2021 $36,086 $1,956,150 $0 $0
2020 $35,402 $1,929,150 $0 $0
2019 $34,597 $1,885,780 $364,820 $1,520,960
2018 $35,710 $1,994,080 $0 $0
2017 $24,311 $1,302,000 $0 $0
2016 $30,633 $1,578,760 $0 $0
2015 $28,370 $1,435,240 $0 $0
2014 $9,155 $487,700 $0 $0
2013 -- $802,570 $364,820 $437,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10239760

MIAMI REALTORS® MLS

APN: 49-43-31-02-0150