NOT LISTED FOR SALE

Estimated Value: $2,452,000 - $3,142,000

3 Beds
2 Baths
2,739 Sq Ft
$1,035/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $1,300,000 $475 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $18,894/month

116 Days on Market

Highlights

  • Guest House
  • Cooling Available
  • 2 Car Garage
  • Coconut Grove Elementary School Rated A
  • Views
  • South Facing Home

About This Home

As of May 2020

Priced to sell! 1920s Coconut Grove bungalow with Great gatsby-like history. This home is 2,829 sqft with a guest house and sits on a 14,000 sqft double lot that flows through to Loquat. Avocado avenue is world famous rich with history, surrounded by tropical lush landscaping. This home is walking distance to premier downtown Coconut Grove shops and restaurants. This is an amzing opportunity. Come fall in love, build on this very desirable location. Endless possibilities.

Last Agent to Sell the Property

Matt Joseph

West Avenue Realty License #3118251 Listed on: 12/08/2019

Last Buyer's Agent

Matt Joseph

West Avenue Realty License #3118251 Listed on: 12/08/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,299

Year Built

  • Built in 1928

Lot Details

  • 0.32 Acre Lot
  • South Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2,739 Sq Ft Home
  • 2-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Homes

  • Guest House

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Coco Gve Pk 2 Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-21-013-0750

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,299

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1928
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: COCO GVE PK 2 AMD
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2739
  • Possible Use: Primary
  • Bedroom Features: Other
  • Living Room Features: Guest House, Other

Exterior Features

  • Roof: Other
  • View: Other
  • Exterior Features: None
  • Construction Type: Wood Siding
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Guest House
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: COCO GVE PK 2 AMD
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Other

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Semi
  • Association: Yes
  • Community Features: Other Subdivision - See Remarks

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 01-41-21-013-0750
  • Lot Size Sq Ft: 14000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2019
Closed on
Apr 25, 2020
Sold by
Ferreira Robert L and Ferreira Lillian
Bought by
Tortolani Benjamin C and Alfonso Patricia M
Seller's Agent
Matt Joseph
West Avenue Realty
Buyer's Agent
Matt Joseph
West Avenue Realty
List Price
$1,999,999
Sold Price
$1,300,000
Premium/Discount to List
-$699,999
-35%
Current Estimated Value
$2,835,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,535,721
Avg. Annual Appreciation
15.98%
Original Mortgage
$910,000
Outstanding Balance
$805,431
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$2,055,175

Purchase Details

Closed on
Nov 21, 2019
Sold by
Caro Louise R and Caro Arthur E
Bought by
Ferreira Robert L and Ferreira Lillian Margaret

Purchase Details

Closed on
Dec 5, 2011
Sold by
Ferreira Robert L and Ferreira Lillian
Bought by
Ferreira Robert L and Ferreira Lillian

Purchase Details

Closed on
Jul 20, 1998
Sold by
Richard and Abel Diane
Bought by
Ferreira Robert L and Ferreira Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 1997
Sold by
Avocado Partnership
Bought by
Abel Richard and Abel Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
7.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 1996
Sold by
King William D and King Jing Walter
Bought by
Avocado Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.97%
Mortgage Type
New Conventional
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
Tortolani Benjamin C $1,300,000 Attorney
Ferreira Robert L $300,000 Attorney
Ferreira Robert L -- None Available
Ferreira Robert L $415,000 --
Abel Richard $262,500 --
Avocado Partners $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tortolani Benjamin C $910,000
Previous Owner Avocado Partners $311,000
Previous Owner Avocado Partners $311,250
Previous Owner Avocado Partners $262,500
Previous Owner Avocado Partners $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Sold $1,300,000 -18.7% $475 / Sq Ft
02/19/2020 02/19/20 Price Changed $1,599,999 -20.0% $584 / Sq Ft
12/08/2019 12/08/19 For Sale $1,999,999 -- $730 / 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 $41,299 $1,939,065 -- --
2024 $36,731 $1,762,787 -- --
2023 $36,731 $1,599,505 $0 $0
2022 $31,507 $1,454,096 $0 $0
2021 $28,846 $1,321,906 $1,190,000 $131,906
2020 $26,417 $1,269,968 $1,092,000 $177,968
2019 $17,542 $911,610 $0 $0
2018 $16,443 $906,822 $0 $0
2017 $15,817 $689,364 $0 $0
2016 $14,925 $646,815 $0 $0
2015 $13,995 $611,534 $0 $0
2014 $13,264 $579,024 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10784239

MIAMI REALTORS® MLS

APN: 01-4121-013-0750