NOT LISTED FOR SALE

365 Redwood Ln Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $3,183,000 - $4,576,000

4 Beds
3.5 Baths
3,042 Sq Ft
$1,320/Sq Ft Est. Value

Last Sold July 09, 2012

Last sale price $1,828,000 $601 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $24,806/month

248 Days on Market

Highlights

  • Heated In Ground Pool
  • Marble Flooring
  • No HOA
  • Key Biscayne K-8 Center Rated A-
  • Garden View
  • Formal Dining Room

About This Home

As of July 2012

Featured in the "2011 Lifestyles in Paradise" home tour of K.B. This captivating custom built home provides a refreshing experience from the moment you step onto the brick walkway through lush native foliage to the welcoming front veranda. Blending the c lassic metal roof with extravagant porches linked through French doors to a fully screened and heated pool and spa, this unique home offers the ultimate in Florida living.Office-Den can be used as the 5th bedroom.

Co-Listed By

Patricia Peraita

Coldwell Banker Realty License #3255555

Coldwell Banker Realty

Last Buyer's Agent

Maria Lara

BBM Realty LLC License #3249940

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,809

Year Built

  • Built in 1997

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 75x100
  • South Facing Home
  • Fenced
  • Property is zoned 1 /S FM

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,042 Sq Ft Home
  • 2-Story Property
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

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

Parking

  • Circular Driveway
  • Paver Block
  • Open Parking

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Schools

  • Keybiscayne Elementary School
  • Coral Gables High School

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-005-0640

Community Details

Overview

  • No Home Owners Association
  • Tropical Isle Homes Sub 3 Subdivision

Recreation

  • Beach Club Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,809

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • Lot Size: 75x100
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB 3
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, French Doors, Walk-In Closet(s), Family Room, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 3042
  • Possible Use: Primary
  • Window Features: Hurricane Shutters, Impact Glass
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Separate Tub & Shower

Exterior Features

  • Roof: Metal Roof
  • View: Garden
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Screened Porch
  • Pool Features: In Ground, Heated, Screen Enclosure
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ISLE HOMES SUB 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Paver Block

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Beach Club Member Available

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Gables

Lot Info

  • Parcel Number: 24-42-32-005-0640
  • Lot Size Sq Ft: 7500
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 18809

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2011
Closed on
Jun 22, 2012
Sold by
Wragg Otis O and Wragg Joanna D
Bought by
Cremaschi Pablo L and Lara Maria Jimena
Buyer's Agent
Maria Lara
BBM Realty LLC
List Price
$1,828,000
Sold Price
$1,828,000
Total Days on Market
248
Current Estimated Value
$4,014,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,186,308
Avg. Annual Appreciation
6.28%
Original Mortgage
$1,000,000
Interest Rate
3.71%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 11, 1994
Sold by
Ingram David and Ingram Nita G
Bought by
Wragg Otis O and Wragg Joanna D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
8.07%

Purchase Details

Closed on
Mar 11, 1994
Sold by
Barden Patricia A
Bought by
Ingram David and Ingram Nita G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.96%
Source: Public Records

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Range of Values:

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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
Cremaschi Pablo L $1,828,000 None Available
Wragg Otis O $265,000 --
Ingram David $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cremaschi Pablo L $100,000
Open Cremaschi Pablo L $1,350,000
Closed Cremaschi Pablo L $1,000,000
Previous Owner Wragg Otis O $531,000
Previous Owner Wragg Otis $565,000
Previous Owner Ingram David $225,000
Previous Owner Wragg Otis O $212,000
Previous Owner Ingram David $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2012 07/09/12 Sold $1,828,000 0.0% $601 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
09/19/2011 09/19/11 For Sale $1,828,000 -- $601 / 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
2024 $27,258 $1,713,011 -- --
2023 $27,258 $1,663,118 $0 $0
2022 $26,158 $1,614,678 $0 $0
2021 $26,228 $1,567,649 $0 $0
2020 $24,897 $1,546,005 $924,375 $621,630
2019 $27,488 $1,698,785 $0 $0
2018 $26,087 $1,667,110 $0 $0
2017 $25,760 $1,632,821 $0 $0
2016 $25,801 $1,599,238 $0 $0
2015 $26,185 $1,588,122 $0 $0
2014 $26,581 $1,575,518 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patricia Peraita

    Seller Co-Listing Agent in 2012

    Patricia Peraita

    Coldwell Banker Realty

    (305) 496-3459

    10 in this area

    16 Total Sales

    Patricia Peraita
    Section Image

  • M

    Buyer's Agent in 2012

    Maria Lara

    BBM Realty LLC

    (786) 252-4552

    5 Total Sales

    Maria Lara
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1551449

MIAMI REALTORS® MLS

APN: 24-4232-005-0640

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

365 Redwood Ln, Key Biscayne, FL

This home is located at 365 Redwood Ln, Key Biscayne, FL 33149 since 19 September 2011 and is currently estimated at $4,014,308, approximately $1,319 per square foot. This property was built in 1997. 365 Redwood Ln is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

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