NOT LISTED FOR SALE

Estimated Value: $5,967,000 - $7,447,000

6 Beds
6.5 Baths
6,355 Sq Ft
$1,062/Sq Ft Est. Value

Last Sold July 20, 2016

Last sale price $3,557,068 $560 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $47,336/month

111 Days on Market

Highlights

  • Tennis Courts
  • Active Adult
  • Sitting Area In Primary Bedroom
  • Concrete Pool
  • Bay View
  • Gated Community

About This Home

As of July 2016

NEW PRICE! The home you've always wanted & certainly deserve: 1 of 11 estates in the Grove's private Hughes Cove, this 6-BR/6.5-BA home features formal living, dining & family rooms, chef's kitchen, volume ceilings, grand curved staircase & elevator & marble & wood floors throughout. Spacious master w/ sitting room & expansive covered poolside entertaining area. 4-car garage, 24-hr security, tennis court & private park overlooking the bay. Here's your chance to live in this exclusive waterfront community!

Last Agent to Sell the Property

M. Sean Reichert

Anderson Real Estate Group License #0706874 Listed on: 03/09/2016

Last Buyer's Agent

Judith Zeder

Coldwell Banker Realty License #0650944

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,663

Year Built

  • Built in 2007

Lot Details

  • 9,150 Sq Ft Lot
  • East Facing Home
  • Fenced

HOA Fees

  • $1,076 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Guest Parking
  • Open Parking

Property Views

  • Bay
  • Pool

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,355 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Pool Equipment Stays

Outdoor Features

  • Tennis Courts
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-158-0250

Community Details

Overview

  • Active Adult
  • Hughes Cove,Hughes Cove Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,663

Year Built

Built in 2007

Lot Details

9,150 Sq Ft Lot

HOA Fees

$1,076 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Three Or More Stories, Other
  • Directions: SOUTH ON MAIN HIGHWAY EAST ON DEVON ROAD TO GUARD HOUSE
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Hughes Cove,HUGHES COVE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Elevator, Entrance Foyer, French Doors, Pantry, Volume Ceilings, Walk-In Closet(s), Family Room, Storage, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 6355
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Primary
  • Window Features: High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Bay, Pool
  • Exterior Features: Lighting, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony, Patio
  • Pool Features: In Ground, Fenced, Concrete, Equipment Stays, Gunite, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Hughes Cove
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, Other, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 1076
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated Community, Private Roads, Tennis Court(s)
  • Senior Community: Yes
  • 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: 01-41-21-158-0250
  • Lot Size Sq Ft: 9150
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 41663

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
Jul 20, 2016
Sold by
Schwartz Michael A and Schwartz Amy F
Bought by
Perdomo Ferrer Carlos M and Silva Coll Maria M
Seller's Agent
M. Sean Reichert
Anderson Real Estate Group
Buyer's Agent
Judith Zeder
Coldwell Banker Realty
List Price
$4,100,000
Sold Price
$3,557,068
Premium/Discount to List
-$542,932
-13.24%
Current Estimated Value
$7,837,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,280,793
Avg. Annual Appreciation
6.83%
Original Mortgage
$1,375,000
Outstanding Balance
$1,066,221
Interest Rate
2.72%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,682,639

Purchase Details

Closed on
Jul 7, 2008
Sold by
Lowell At Hughes Cove Inc
Bought by
Schwartz Michael A and Schwartz Amy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 17, 2002
Sold by
Hughes Cove Llc C
Bought by
Lowell At Hughes Cove Inc

Purchase Details

Closed on
Mar 15, 1999
Sold by
White Real Estate Enterprises Inc
Bought by
Howglo Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perdomo Ferrer Carlos M $3,557,100 Clear Title Services Inc
Schwartz Michael A $2,700,000 Attorney
Lowell At Hughes Cove Inc $1,500,000 --
Howglo Inc $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perdomo Ferrer Carlos M $1,375,000
Previous Owner Schwartz Michael A $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2016 07/20/16 Sold $3,557,068 -7.6% $560 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
06/02/2016 06/02/16 Price Changed $3,850,000 -6.1% $606 / Sq Ft
03/09/2016 03/09/16 For Sale $4,100,000 -- $645 / 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 $52,540 $2,722,174 -- --
2024 $52,317 $2,645,456 -- --
2023 $52,317 $2,568,404 $0 $0
2022 $50,920 $2,493,597 $0 $0
2021 $50,930 $2,420,968 $768,600 $1,652,368
2020 $51,460 $2,439,952 $768,600 $1,671,352
2019 $51,981 $2,458,936 $768,600 $1,690,336
2018 $51,402 $2,477,920 $768,600 $1,709,320
2017 $52,391 $2,496,904 $0 $0
2016 $41,189 $1,911,369 $0 $0
2015 $41,663 $1,898,083 $0 $0
2014 $42,150 $1,883,019 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10046494

MIAMI REALTORS® MLS

APN: 01-4121-158-0250

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