NOT LISTED FOR SALE

Estimated Value: $5,699,000 - $27,376,304

7 Beds
8 Baths
11,205 Sq Ft
$1,280/Sq Ft Est. Value

Sale Details

Date Sold: April 1, 2021

Last sale price $15,965,000 $1,425 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $131,204 / mo

12 Days on Market

Highlights

  • Property has ocean access
  • Property Fronts a Bay or Harbor
  • Built in 1996 | Newly Remodeled
  • Coconut Grove Elementary School Rated A
  • Media Room
  • In Ground Pool

About This Home

As of April 2021

Magnificent 15,638 Sq. Ft. Bayfront residence re-designed in 2020 by architect Cesar Molina, with incredible views of Biscayne Bay and 110 ft of water frontage. Modern and seamless layouts on all three floors and covered balconies create a luxurious living experience ideal for sophisticated entertaining. The resort-style home, with 7 bedrooms and 6 full and 2 half baths, including a main suite with a spa-style bath, is surrounded by manicured lawns and mature palms. The interiors open to a spacious terrace with an outdoor kitchen and sweeping views of the pool, private dock and Biscayne Bay. Featuring an elevator, theater, refrigerated wine room, gourmet kitchen, and generously proportioned rooms, the home resonates sophistication and comfort. A truly incomparable and majestic residence.

Last Agent to Sell the Property

Judith Zeder

Coldwell Banker Realty License #0650944 Listed on: 02/08/2021

Coldwell Banker Realty

Co-Listed By

Nathan Zeder

Coldwell Banker Realty License #3058239

Last Buyer's Agent

Judith Zeder

Coldwell Banker Realty License #0650944 Listed on: 02/08/2021

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $145,195

Year Built

  • Built in 1996 | Newly Remodeled

Lot Details

  • 18,583 Sq Ft Lot
  • 110 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Property is zoned 0100

HOA Fees

  • $2,133 Monthly HOA Fees

Home Design

  • Substantially Remodeled
  • Metal Roof

Interior Spaces

  • 11,205 Sq Ft Home
  • Built-In Features
  • Bar
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Media Room
  • Den
  • Recreation Room
  • Tile Flooring
  • Bay Views
  • High Impact Windows

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Paver Block
  • Guest Parking
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Seawall
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-28-036-0080

Community Details

Overview

  • Anchorage Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$145,195

Year Built

Built in 1996 | Newly Remodeled

Lot Details

0.43 Acres

HOA Fees

$2,133 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Co List Office Mls Id: CBRE52
  • Co List Office Phone: 305-667-4815
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: ANCHORAGE
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Second Floor Entry, Bar, Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Walk-In Closet(s), Den/Library/Office, Family Room, Maid/In-Law Quarters, Media Room, Recreation Room, Utility Room/Laundry
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Entry Location: Foyer
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 11205
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Window Features: High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Maid/In-Law Quarters, Media Room, Recreation Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Metal Roof
  • View: Bay, Water
  • Exterior Features: Barbeque, Built-In Grill, Lighting, Open Balcony
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: Substantially Remodeled, New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ANCHORAGE
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, Paver Block, Limited # Of Vehicle

Utilities

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

Condo/Co-op/Association

  • Association Fee: 6400
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Gated Community, Private Roads
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-41-28-036-0080
  • Lot Size Sq Ft: 18583
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 145195

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Apr 1, 2021
Sold by
Fifare Real Estate Investments Llc
Bought by
Halpern Mark and Anchorage Property Trust
Seller's Agent
Judith Zeder
Coldwell Banker Realty
Buyer's Agent
Judith Zeder
Coldwell Banker Realty
List Price
$17,900,000
Sold Price
$15,965,000
Premium/Discount to List
-$1,935,000
-10.81%
Current Estimated Value
$19,619,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,654,311
Avg. Annual Appreciation
-2.11%

Purchase Details

Listed on
Jan 23, 2018
Closed on
Aug 17, 2018
Sold by
Thermiots George A and Thermiots Corina
Bought by
Fifare Real Estate Investments Llc
Seller's Agent
Bohdan Mastykaz
Douglas Elliman
Buyer's Agent
Liz Hogan
Compass Florida, LLC
List Price
$11,999,000
Sold Price
$8,250,000
Premium/Discount to List
-$3,749,000
-31.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.66%
Original Mortgage
$5,362,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 7, 2015
Closed on
Jun 12, 2015
Sold by
Kipp Timo W
Bought by
Thermiotis George A
Seller's Agent
Nathalia Kipp
MMLS Assoc.-Inactive Member
Buyer's Agent
Nathalia Kipp
MMLS Assoc.-Inactive Member
List Price
$8,950,000
Sold Price
$7,137,500
Premium/Discount to List
-$1,812,500
-20.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$3,000,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 27, 2014
Sold by
Timo Kipp
Bought by
Kipp Timo W

Purchase Details

Closed on
Apr 1, 2009
Sold by
Mourning Alonzo H and Mourning Tracy Wilson
Bought by
Kipp Timo and Kipp Georgia

Purchase Details

Closed on
Sep 24, 1996
Sold by
Treister Design & Development Inc
Bought by
Mourning Alonzo H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Interest Rate
7.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 1994
Sold by
S & T Anchorage Inc
Bought by
Treister Design & Dev Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,640,000
Interest Rate
8.07%
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
Halpern Mark $15,965,000 Attorney
Fifare Real Estate Investments Llc $8,250,000 Attorney
Thermiotis George A $7,137,500 Attorney
Kipp Timo W -- --
Kipp Timo $6,000,000 Attorney
Mourning Alonzo H $3,200,000 --
Treister Design & Dev Inc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fifare Real Estate Investments Llc $5,362,500
Previous Owner Thermiotis George A $3,000,000
Previous Owner Mourning Alonzo H $3,200,000
Previous Owner Treister Design & Dev Inc $1,640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2021 04/01/21 Sold $15,965,000 -10.8% $1,425 / Sq Ft
02/08/2021 02/08/21 For Sale $17,900,000 +117.0% $1,598 / Sq Ft
08/17/2018 08/17/18 Sold $8,250,000 -7.3% $624 / Sq Ft View Prior Sale
06/24/2018 06/24/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $8,900,000 -1.0% $673 / Sq Ft
06/06/2018 06/06/18 Price Changed $8,990,000 -0.1% $680 / Sq Ft
05/29/2018 05/29/18 Price Changed $8,999,500 -10.0% $681 / Sq Ft
05/18/2018 05/18/18 Price Changed $9,999,000 -8.2% $756 / Sq Ft
05/07/2018 05/07/18 Price Changed $10,888,000 +8.9% $824 / Sq Ft
03/26/2018 03/26/18 Price Changed $9,999,000 -4.8% $756 / Sq Ft
03/20/2018 03/20/18 Price Changed $10,500,000 -12.5% $794 / Sq Ft
03/14/2018 03/14/18 Price Changed $12,000,000 0.0% $908 / Sq Ft
01/23/2018 01/23/18 For Sale $11,999,000 +68.1% $908 / Sq Ft
06/12/2015 06/12/15 Sold $7,137,500 -20.3% $705 / Sq Ft View Prior Sale
05/09/2015 05/09/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $8,950,000 -- $884 / 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 $280,933 $14,465,027 -- --
2024 $279,849 $14,046,187 -- --
2023 $279,849 $13,637,075 $0 $0
2022 $272,457 $13,239,879 $6,208,766 $7,031,113
2021 $185,294 $7,046,442 $0 $0
2020 $145,195 $7,581,740 $5,500,568 $2,081,172
2019 $124,691 $5,823,507 $3,716,600 $2,106,907
2018 $109,186 $5,236,687 $3,267,635 $1,969,052
2017 $125,114 $5,929,809 $0 $0
2016 $130,320 $5,953,573 $0 $0
2015 $128,570 $5,765,207 $0 $0
2014 $126,076 $5,382,674 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10989208

MIAMI REALTORS® MLS

APN: 01-4128-036-0080

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