NOT LISTED FOR SALE

Estimated Value: $5,998,000 - $8,637,492

7 Beds
8 Baths
4,404 Sq Ft
$1,658/Sq Ft Est. Value

Last Sold June 24, 2014

Last sale price $4,750,000 $1,079 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $43,985/month

7 Days on Market

Highlights

  • Property has ocean access
  • Deeded Boat Dock
  • Heated In Ground Pool
  • North Beach Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • Sitting Area In Primary Bedroom

About This Home

As of June 2014

NEWLY CONSTRUCTED IN 2007, THIS WATERFRONT GEM IS IDEALLY LOCATED JUST NORTH OF THE MIAMI BEACH GOLF CLUB. THE HOME FEATURES A CARPORT, GENERATOR, GARAGE STORAGE, DOUBLE HEIGHT CEILINGS, LAPACHO WOOD STAIRCASE, PREMIUM HIGH-END BATHROOM FIXTURES, SUBZERO & KITCHEN AID APPLIANCES, CRESTON SYSTEM, KALEIDESCAPE MOVIE SERVER, LIGHT TOUCH SMART SYSTEM INTEGRATING A/C, ALARM, SURVEILLANCE, MEDIA & LIGHTING. GOURMET KITCHEN PERFECT FOR OUTDOOR ENTERTAINMENT!

Last Agent to Sell the Property

Jennifer Diaz

GP Real Estate Advisors License #3190476 Listed on: 04/23/2014

Last Buyer's Agent

Barbara Savalli

BHHS EWM Realty License #0705510

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,720

Year Built

  • Built in 1951

Lot Details

  • 0.3 Acre Lot
  • 65 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Southwest Facing Home
  • Fenced
  • Property is zoned 80/PUBLI

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Flat Roof with Façade front
  • Pre-Cast Concrete Construction

Interior Spaces

  • 4,404 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Awning
  • Drapes & Rods
  • Casement Windows
  • Entrance Foyer
  • Storage Room
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Pool Bathroom
  • Auto Pool Cleaner

Outdoor Features

  • Property has ocean access
  • Fixed Bridges
  • Canal Width is 121 Feet or More
  • Deeded Boat Dock
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mid Golf Sub 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-27-016-0700

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,720

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Directions: ALTON ROAD NORTH TURN RIGHT (EAST) ON CHASE AVENUE - UP TO HOUSE ON LEFT.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: MID GOLF SUB 1ST ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Custom Mirrors, Fire Sprinklers, Entrance Foyer, Walk-In Closet(s), Other, Storage
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 4404
  • Possible Use: Unknown/Withheld
  • Window Features: Casement, Drapes, Other Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Living Room Features: Other, Storage Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Roof With Facade Front
  • View: Canal, Water
  • Exterior Features: Barbeque, Lighting
  • Construction Type: Pre-Cast Concrete Construction
  • Direction Faces: Southwest
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Awning(s), Deck, Patio
  • Pool Features: Auto Pool Clean, In Ground, Heated, Pool Bath
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Width 121 Feet Or More, Fixed Bridge(S)
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MID GOLF SUB 1ST ADDN
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-27-016-0700
  • Lot Size Sq Ft: 13000
  • Zoning: 80/PUBLI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 26720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2014
Closed on
Jun 24, 2014
Sold by
Dieval Corp
Bought by
Norman Paul and Norman Sonia
Seller's Agent
Jennifer Diaz
GP Real Estate Advisors
Buyer's Agent
Barbara Savalli
BHHS EWM Realty
List Price
$5,500,000
Sold Price
$4,750,000
Premium/Discount to List
-$750,000
-13.64%
Current Estimated Value
$7,301,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,551,831
Avg. Annual Appreciation
4.40%
Original Mortgage
$3,230,000
Outstanding Balance
$2,313,827
Interest Rate
2.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,389,119

Purchase Details

Closed on
Sep 6, 2007
Sold by
3690 Chase Avenue Llc
Bought by
Dieval Corp

Purchase Details

Closed on
Jun 15, 2005
Sold by
Soffer Emira
Bought by
3690 Chase Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
15%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 13, 2004
Sold by
Lattes Jean Claude and Lattes Christiane
Bought by
Soffer Emira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
5.6%
Mortgage Type
Unknown
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
Norman Paul $4,750,000 Attorney
Dieval Corp $4,400,000 Attorney
3690 Chase Avenue Llc -- --
3690 Chase Avenue Llc -- --
Soffer Emira $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norman Paul $3,230,000
Previous Owner 3690 Chase Avenue Llc $700,000
Previous Owner 3690 Chase Avenue Llc $250,000
Previous Owner Soffer Emira $880,000
Previous Owner Lattes Jean Claude $100,000
Previous Owner Lattes Jean Claude $480,000
Previous Owner Lattes Jean Claude $56,032
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2014 06/24/14 Sold $4,750,000 -13.6% $1,079 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $5,500,000 -- $1,249 / 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 $60,970 $3,381,065 -- --
2024 $59,505 $3,285,778 -- --
2023 $59,505 $3,190,076 $0 $0
2022 $57,419 $3,097,162 $0 $0
2021 $57,268 $3,006,954 $0 $0
2020 $56,620 $2,965,438 $1,560,188 $1,405,250
2019 $56,980 $2,981,134 $1,560,188 $1,420,946
2018 $55,121 $2,931,289 $1,494,646 $1,436,643
2017 $56,119 $2,946,984 $0 $0
2016 $71,344 $3,672,900 $0 $0
2015 $67,104 $3,386,981 $0 $0
2014 $32,155 $1,384,828 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1939930

MIAMI REALTORS® MLS

APN: 02-3227-016-0700