NOT LISTED FOR SALE

Estimated Value: $1,455,000 - $1,566,000

5 Beds
4 Baths
3,963 Sq Ft
$384/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $615,000 $155 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $9,238/month

34 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Roman Tub
  • Indian Trace Elementary School Rated A-
  • Vaulted Ceiling
  • Den

About This Home

As of March 2015

PRICED TO SELL FAST-WILL NOT LAST! Here's your chance to acquire a 5B/4B large home in the exclusive gated neighborhood Palm Island. Oversized corner lot on a Cul-De-Sac with fenced in pool/spa, newer roof and Accordion Shutters. Kitchen has been remodele d with Stainless Steel Appliances and Granite countertops. Bathrooms/flooring need updating along with basic interior modernization. Look no further as this spacious floor plan has the perfect bones (and price) to create your customized dream home!

Last Agent to Sell the Property

Lisa Yanowitz

Luxe Realty Group LLC License #3198733 Listed on: 01/21/2015

Last Buyer's Agent

Reza Farajdadeh

MLSN Realty License #3116631

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,814

Year Built

  • Built in 1991

Lot Details

  • Southeast Facing Home
  • Fenced

HOA Fees

  • $192 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,963 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • In Ground Pool

Schools

  • Indian Trace Elementary School
  • Tequesta Trace Middle School
  • Cypress Bay High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 504018030300

Community Details

Overview

  • Palm Island Subdivision
  • Maintained Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,814

Year Built

Built in 1991

Lot Details

0

HOA Fees

$192 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: ROYAL PALM BLVD TO THE ENTRANCE OF PALM ISLAND, ENNTER GATE AND MAKE A LEFT INTO THE SECOND GATE AT PALM ISLAND. FOLLOW PALM BLVD DOWN AND HOUSE WILL BE ON YOUR LEFT.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Palm Island
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Laundry Tub, Pantry, Roman Tub, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Family Room, Utility Room/Laundry
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 3963
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office, Family Room, Utility Room/Laundry

Exterior Features

  • Roof: Barrel Roof
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Palm Island
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association Fee: 575
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Additional Amenities, Gated Community, Maintained Community
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Indian Trace
  • High School: Cypress Bay
  • Middle Or Junior School: Tequesta Trace

Lot Info

  • Parcel Number: 504018030300
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 8814

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2015
Closed on
Mar 27, 2015
Sold by
Frankenthal Todd S and Jarashow Rebecca M
Bought by
Poveda Roberto J and Alempour Samira
Seller's Agent
Lisa Yanowitz
Luxe Realty Group LLC
Buyer's Agent
Reza Farajdadeh
MLSN Realty
List Price
$699,000
Sold Price
$615,000
Premium/Discount to List
-$84,000
-12.02%
Current Estimated Value
$1,535,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$920,869
Avg. Annual Appreciation
8.77%
Original Mortgage
$492,000
Outstanding Balance
$380,805
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,142,915

Purchase Details

Closed on
Jun 1, 1990
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Poveda Roberto J $615,000 None Available
Available Not $288,829 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poveda Roberto J $492,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2015 03/31/15 Sold $615,000 -12.0% $155 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $699,000 -- $176 / 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 $12,166 $574,050 -- --
2024 $11,816 $557,880 -- --
2023 $11,816 $541,640 $0 $0
2022 $11,057 $524,190 $0 $0
2021 $10,749 $508,930 $0 $0
2020 $10,431 $501,910 $0 $0
2019 $10,149 $490,630 $0 $0
2018 $9,748 $481,490 $0 $0
2017 $9,289 $471,590 $0 $0
2016 $9,276 $461,900 $0 $0
2015 $8,958 $431,920 $0 $0
2014 $9,012 $428,500 $0 $0
2013 -- $545,440 $193,140 $352,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2060910

MIAMI REALTORS® MLS

APN: 50-40-18-03-0300