NOT LISTED FOR SALE

3501 Magellan Cir Unit 637 Miami, FL 33180

The Waterways Neighborhood

Estimated Value: $639,000 - $728,000

3 Beds
2.5 Baths
1,723 Sq Ft
$390/Sq Ft Est. Value

Last Sold August 09, 2013

Last sale price $320,000 $186 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,673/month

7 Days on Market

Highlights

  • Marina
  • Roman Tub
  • Heated Community Pool
  • Aventura Waterways K-8 Center Rated A-
  • Garden View
  • Breakfast Area or Nook

About This Home

As of August 2013

Spacious 2 Story Aventura Townhouse in a lovely gated community in the Waterways area of Aventura. This home is perfect for a large family or for those who entertain. Features include an oversized living room with patio access, open eat-in kitchen, a hu ge master suite with lots of closets, terrace & large bathroom. Unit does require some renovations. A+ schools & close to houses of worship. Great opportunity!!!

Last Agent to Sell the Property

Asher Ouazanan

SIR Realty LLC License #3151015 Listed on: 06/03/2013

Last Buyer's Agent

Jean Rikman

ISRAM Realty & Management License #0592836

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,066

Year Built

  • Built in 1987

Lot Details

  • 1,723 Sq Ft Lot
  • West Facing Home

HOA Fees

  • $611 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,723 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Paddle Fans
  • Skylights
  • Vertical Blinds
  • Sliding Windows
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Courtyard
  • Patio
  • Exterior Lighting

Schools

  • Michael Krop High School

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2812350450220

Community Details

Overview

  • 166 Units
  • Club Membership Required
  • Mariner Village Gardens Condos
  • Mariner Village Subdivision
  • The community has rules related to no motorcycles, no recreational vehicles or boats, no trucks or trailers

Recreation

  • Marina
  • Heated Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $615

Security

  • Security Guard
  • Walled

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,066

Year Built

Built in 1987

Lot Details

0

HOA Fees

$611 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Townhouse
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Subdivision Name: MARINER VILLAGE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Roman Tub, Skylight
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1723
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Hurricane Shutters, Skylight, Sliding, Verticals
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Master Bathroom Features: Separate Tub & Shower, Dual Sinks

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, Courtyard
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MARINER VILLAGE GARDENS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Guest, Covered, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Paddle Fans
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Guard At Site, Security Patrol, Walled

Condo/Co-op/Association

  • Association Fee: 611
  • Amenities: Heated Pool, Exterior Lighting, Marina
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • High School: Michael Krop

Lot Info

  • Parcel Number: 2812350450220
  • Lot Size Sq Ft: 1723
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 615
  • Number Of Units In Community: 166

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2013
Closed on
Aug 12, 2013
Sold by
Algaze Stuart
Bought by
Salomon Menashe
Seller's Agent
Asher Ouazanan
SIR Realty LLC
Buyer's Agent
Jean Rikman
ISRAM Realty & Management
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%
Current Estimated Value
$672,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,715
Avg. Annual Appreciation
6.28%
Original Mortgage
$240,000
Outstanding Balance
$60,053
Interest Rate
4.48%
Mortgage Type
New Conventional
Estimated Equity
$612,662
Source: Public Records

Range of Values:

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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
Salomon Menashe $320,000 Aventura Title Ins Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salomon Menashe $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2013 08/09/13 Sold $320,000 -8.3% $186 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $349,000 -- $203 / 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 $5,952 $406,618 -- --
2024 $5,797 $395,159 -- --
2023 $5,797 $383,650 $0 $0
2022 $5,602 $372,476 $0 $0
2021 $5,588 $321,100 $0 $0
2020 $5,140 $294,500 $0 $0
2019 $5,426 $310,000 $0 $0
2018 $5,636 $330,298 $0 $0
2017 $6,214 $359,020 $0 $0
2016 $6,351 $359,020 $0 $0
2015 $6,228 $334,675 $0 $0
2014 $5,614 $304,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Asher Ouazanan

    Seller's Agent in 2013

    Asher Ouazanan

    SIR Realty LLC

    (786) 228-0298

    18 Total Sales

    Asher Ouazanan
    Section Image

  • J

    Buyer's Agent in 2013

    Jean Rikman

    ISRAM Realty & Management

    (305) 788-0995

    6 in this area

    19 Total Sales

    Jean Rikman
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1795563

MIAMI REALTORS® MLS

APN: 28-1235-045-0220

Florida Miami/Dade County Miami 33180 The Waterways

3501 Magellan Cir Unit 637, Miami, FL

This home is located at 3501 Magellan Cir Unit 637, Miami, FL 33180 since 03 June 2013 and is currently estimated at $672,715, approximately $390 per square foot. This property was built in 1987. 3501 Magellan Cir Unit 637 is a home located in Miami-Dade County with nearby schools including Aventura Waterways K-8 Center, Highland Oaks Middle School, and Dr Michael M. Krop Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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