NOT LISTED FOR SALE

Estimated Value: $3,346,000 - $4,467,000

5 Beds
3 Baths
3,339 Sq Ft
$1,131/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $2,000,000 $599 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $23,756/month

105 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Garden View
  • Key Biscayne K-8 Center Rated A-
  • Main Floor Bedroom
  • 4-minute walk to Harbor Drive Park

About This Home

As of December 2020

Immerse yourself in the island lifestyle that Key Biscayne offers in this charming home. Located on a very quiet cul-de-sac, this home offers serenity and extra privacy with front gate and fenced wall surrounding the property. From the moment you enter, you’ll notice the extraordinary amount of natural light. This 5 bedroom, 3 bath home is ideal for families as it offers large bedrooms, ample closet space and a favorable floorplan. Unwind on the balcony just off the master bedroom overlooking the pool. The kitchen and family room both offer direct access to the expansive terrace and pool, perfect for entertaining all year long. Enjoy time spent relaxing in this Key Biscayne gem surrounded by lush foliage. Beach Club Membership included. Call to schedule your appointment today!

Last Agent to Sell the Property

Dana Lund

Engel & Völkers Miami License #3436018 Listed on: 07/06/2020

Engel & Völkers Miami

Last Buyer's Agent

Jths Accounting

MIAMI Association of REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,575

Year Built

  • Built in 1952

Lot Details

  • 7,731 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking
  • Golf Cart Parking

Property Views

  • Garden
  • Pool

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 3,339 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entrance Foyer
  • Den
  • Ceramic Tile Flooring

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Trash Compactor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Exterior Lighting

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Biscayne Key Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-001-1480

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,575

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Directions: Turn right onto Harbor Dr, turn left onto Harbor Ln. 370 Harbor Ln is the second home on the right.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: BISCAYNE KEY ESTATES
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, Other, Den/Library/Office
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Other
  • Furnished: Unfurnished
  • Living Area: 3339
  • Possible Use: Primary
  • Window Features: High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Living Room Features: Den/Library/Office

Exterior Features

  • Roof: Barrel Roof
  • View: Garden, Pool
  • Exterior Features: Lighting, Open Balcony
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BISCAYNE KEY ESTATES
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, Golf Cart Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Other
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-52-05-001-1480
  • Lot Size Sq Ft: 7731
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 18575

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Nov 30, 2020
Sold by
Gamarra Eduardo and Vargas Susana
Bought by
Ofarrell Esteban Nicojas and Colombres Marina Francisca
Seller's Agent
Dana Lund
Engel & Völkers Miami
Buyer's Agent
Jths Accounting
MIAMI Association of REALTORS®
List Price
$2,299,000
Sold Price
$2,000,000
Premium/Discount to List
-$299,000
-13.01%
Total Days on Market
105
Current Estimated Value
$3,774,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,774,869
Avg. Annual Appreciation
12.30%
Original Mortgage
$1,400,000
Outstanding Balance
$1,260,691
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,097,873

Purchase Details

Closed on
Mar 21, 2007
Sold by
Velan Home Inc
Bought by
Gamarra Eduardo and Vargas Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2004
Sold by
Farley Albert W and Farley Betty Payne
Bought by
Velan Home Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 1994
Sold by
Farley Albert W and Farley Betty Payne
Bought by
Farley Albert W and Farley Betty Payne
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
Ofarrell Esteban Nicojas $2,000,000 Attorney
Gamarra Eduardo -- Becker Title
Gamarra Eduardo $1,526,000 Attorney
Velan Home Inc $1,200,000 --
Farley Albert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ofarrell Esteban Nicojas $1,400,000
Previous Owner Gamarra Eduardo $1,000,000
Previous Owner Velan Home Inc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $2,000,000 -9.0% $599 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/17/2020 09/17/20 Price Changed $2,199,000 -4.3% $659 / Sq Ft
07/06/2020 07/06/20 For Sale $2,299,000 -- $689 / 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 $31,528 $1,837,951 -- --
2023 $31,528 $1,670,865 $0 $0
2022 $27,022 $1,518,969 $0 $0
2021 $23,803 $1,380,881 $1,070,744 $310,137
2020 $18,969 $1,186,875 $0 $0
2019 $18,575 $1,160,191 $0 $0
2018 $17,623 $1,138,559 $0 $0
2017 $17,398 $1,115,142 $0 $0
2016 $17,454 $1,092,206 $0 $0
2015 $17,707 $1,084,614 $0 $0
2014 $17,980 $1,076,006 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10887696

MIAMI REALTORS® MLS

APN: 24-5205-001-1480