NOT LISTED FOR SALE

Estimated Value: $480,616 - $588,000

1 Bed
1.5 Baths
790 Sq Ft
$455/mo HOA Fee

Last Sold December 29, 2022

Last sale price $425,000 $538 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,869/month

63 Days on Market

Highlights

  • Fitness Center
  • Newly Remodeled
  • Sauna
  • Coconut Grove Elementary School Rated A
  • Marble Flooring
  • 4-minute walk to Kirk Munroe Park

About This Home

As of December 2022

This beautiful 1 bedroom / 1.5 bathrooms two-level loft features a spacious kitchen with granite counters, full backsplash and stainless steel appliances. Attractive laminate flooring through out the living and bedroom areas with marble flooring in the kitchen and bathrooms. Amenities include pool, whirlpool, exercise room and sauna. Be a part of this special community neighboring the newly remodeled Cocowalk incorporating office space, high-end stores, restaurants and a state-of-the-art luxury cinema. Enjoy short walks to Regatta and Peacock Parks as well as countless shops. Don’t miss the opportunity to live in the desirable Lofts at Mayfair nestled in the heart of Coconut Grove.

Last Agent to Sell the Property

Arai Penate

MMLS Assoc.-Inactive Member License #3266094 Listed on: 10/26/2022

MMLS Assoc.-Inactive Member

Co-Listed By

Michelle Black

Levine Realty, Inc. License #0579328

Last Buyer's Agent

Anna Wellman

Douglas Elliman License #0325065

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,380

Year Built

  • Built in 2007 | Newly Remodeled

HOA Fees

  • $455 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 790 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Marble Flooring
  • Video Cameras
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Upstairs
  • Bidet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-350-0560

Community Details

Overview

  • Lofts At Mayfair Condos
  • Lofts At Mayfair Condo Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 5-Story Property

Amenities

  • Sauna
  • Elevator

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Phone Entry
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,380

Year Built

Built in 2007 | Newly Remodeled

Lot Details

0

HOA Fees

$455 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Co List Office Mls Id: LEVR01
  • Co List Office Phone: 305-665-6645
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: LOFTS AT MAYFAIR CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Marble, Other
  • Furnished: Unfurnished
  • Living Area: 790
  • Possible Use: Primary
  • Stories: 5
  • Bedroom Features: Master Bedroom Upstairs
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Bidet, Combination Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: LOFTS AT MAYFAIR
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, Limited # Of Vehicle, No Rv/Boats

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Phone Entry, TV Camera

Condo/Co-op/Association

  • Association Fee: 455
  • Amenities: Elevator(s), Exercise Room, Exterior Lighting, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-21-350-0560
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4380

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Dec 29, 2022
Sold by
Cocoquest Inc
Bought by
Elayan Aziza F
Seller's Agent
Arai Penate
MMLS Assoc.-Inactive Member
Buyer's Agent
Anna Wellman
Douglas Elliman
List Price
$445,000
Sold Price
$425,000
Premium/Discount to List
-$20,000
-4.49%
Views
7
Current Estimated Value
$530,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,404
Avg. Annual Appreciation
6.03%
Original Mortgage
$318,750
Outstanding Balance
$309,577
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$187,614

Purchase Details

Closed on
Nov 30, 2012
Sold by
Cdkaa Holdings Llc
Bought by
Cocoquest Inc

Purchase Details

Closed on
Nov 24, 2010
Sold by
Mayfair Lofts Llc
Bought by
Cdkaa Holdings Llc
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
Elayan Aziza F $425,000 --
Cocoquest Inc $248,700 Attorney
Cdkaa Holdings Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elayan Aziza F $318,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $425,000 -4.5% $538 / Sq Ft
10/26/2022 10/26/22 For Sale $445,000 0.0% $563 / Sq Ft
08/26/2020 08/26/20 Rented $1,875 -1.3% --
08/19/2020 08/19/20 Under Contract -- -- --
08/03/2020 08/03/20 For Rent $1,900 -- --
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 $6,352 $369,258 -- --
2024 $6,302 $358,852 -- --
2023 $6,302 $348,400 $0 $0
2022 $4,946 $226,765 $0 $0
2021 $4,380 $206,150 $0 $0
2020 $4,391 $206,150 $0 $0
2019 $4,632 $217,000 $0 $0
2018 $5,055 $241,339 $0 $0
2017 $5,006 $223,460 $0 $0
2016 $4,867 $203,146 $0 $0
2015 $4,298 $184,679 $0 $0
2014 $3,808 $167,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11293907

MIAMI REALTORS® MLS

APN: 01-4121-350-0560