NOT LISTED FOR SALE

381 NE 98th St Miami Shores, FL 33138

Estimated Value: $1,111,000 - $2,431,313

3 Beds
2.5 Baths
1,962 Sq Ft
$911/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $980,381 $500 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $11,369/month

3 Days on Market

Highlights

  • Fitness Center
  • Garden View
  • Tennis Courts
  • In Ground Pool
  • No HOA
  • Den

About This Home

As of August 2023

Mid-Century Modern home in the heart of Miami Shores. Designed by renowned architects Robert J Smith and Blair Wright with gorgeous Florida Keystone coral wall/fireplace, wood beam ceilings, and true indoor/outdoor living with all living spaces leading out to a tropical private pool. The home has been prepared for a full refresh and comes with a complete set of architectural plans, including a garage conversion that has already been approved by zoning. Skip the months of time it takes to get plans drawn and approved and get straight to work making this iconic home your own. Or add square footage to the current footprint with plenty of space to grow. Ideal central Shores location just blocks from elite schools, downtown shops and restaurants, library, parks, and athletic facilities.

Last Agent to Sell the Property

Erin Halloran

Imburgia Realty Inc. License #3284647 Listed on: 08/06/2023

Last Buyer's Agent

Erin Halloran

Imburgia Realty Inc. License #3284647 Listed on: 08/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,886

Year Built

  • Built in 1948

Lot Details

  • 8,625 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 1000

Parking

  • 1 Car Garage
  • Circular Driveway
  • Paver Block
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,962 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • French Doors
  • Family Room
  • Den
  • Concrete Flooring
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Partial Panel Shutters or Awnings
  • Partial Impact Glass
  • High Impact Door

Pool

  • In Ground Pool
  • Fence Around Pool
  • Free Form Pool

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 11-32-06-013-5650

Community Details

Overview

  • No Home Owners Association
  • Miami Shores Sec 1 Amd Subdivision

Amenities

  • Courtesy Bus

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,886

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: From NE 2nd Avenue, go east on NE 98th Street. Home is on north side of the street.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: MIAMI SHORES SEC 1 AMD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, French Doors, Den/Library/Office, Family Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors, French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Concrete, Other
  • Furnished: Unfurnished
  • Living Area: 1962
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Partial Impact Glass, Partial Panel Shutters/Awnings, Hurricane Shutters
  • Bedroom Features: Entry Level, Primary Bedroom Ground Level
  • Living Room Features: Den/Library/Office, Family Room, Utility Room/Laundry

Exterior Features

  • Roof: Built-Up
  • View: Garden, Pool
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Fenced, Free Form
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MIAMI SHORES SEC 1 AMD
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Paver Block

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities, Pool, Tennis Court(s), Courtesy Bus, Exercise Room, Paved Road, Public Road, Sidewalks, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 11-32-06-013-5650
  • Lot Size Sq Ft: 8625
  • Zoning: 1000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2024
Sold by
Lewis Melanie and Eleftherio Melanie Lewis
Bought by
Chapin Stephen Ramsey and Lee Crystal Augustine
Current Estimated Value
$1,787,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,760,000
Outstanding Balance
$1,746,574
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
-$11,952

Purchase Details

Listed on
Aug 6, 2023
Closed on
Aug 30, 2023
Sold by
Hart David and Hart Leslie
Bought by
Eleftherio Peter John and Eleftherio Melanie Lewis
Seller's Agent
Erin Halloran
Imburgia Realty Inc.
Buyer's Agent
Erin Halloran
Imburgia Realty Inc.
List Price
$899,000
Sold Price
$980,382
Premium/Discount to List
$81,382
9.05%
Views
137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.21%

Purchase Details

Listed on
Oct 1, 2022
Closed on
Jan 19, 2023
Sold by
Marcene Schafer Revocable Trust
Bought by
Hart David and Hart Leslie
Seller's Agent
Robert Bourne
Robert Bourne Real Estate LLC
Buyer's Agent
Dan Adsit
Robert Bourne Real Estate LLC
List Price
$1,050,000
Sold Price
$860,000
Premium/Discount to List
-$190,000
-18.1%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.86%
Original Mortgage
$685,500
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2017
Sold by
Schafer Marcene
Bought by
Schafer Marcene and Haywood Lillian

Purchase Details

Closed on
Aug 10, 2004
Sold by
Suarez Miguel and Winkle Carter A
Bought by
Schafer Marcene

Purchase Details

Closed on
Feb 11, 2000
Sold by
Saldivar Sally W
Bought by
Saldivar Andres and Saldivar Sally W

Purchase Details

Closed on
Jul 5, 1995
Sold by
Alderman Michelle
Bought by
Wyatt Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,800
Interest Rate
7.64%
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
Chapin Stephen Ramsey $2,260,000 Garden Title
Eleftherio Peter John $980,400 None Listed On Document
Hart David $860,000 --
Schafer Marcene -- Attorney
Schafer Marcene $415,000 --
Saldivar Andres $54,000 --
Wyatt Sally $138,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapin Stephen Ramsey $1,760,000
Previous Owner Hart David $685,500
Previous Owner Schafer Marcene $750,000
Previous Owner Schafer Marcene $100,000
Previous Owner Schafer Marcene $25,000
Previous Owner Saldivar Andres $275,000
Previous Owner Wyatt Sally $110,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $980,382 +9.1% $500 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/06/2023 08/06/23 For Sale $899,000 +4.5% $458 / Sq Ft
01/26/2023 01/26/23 Sold $860,000 -18.1% $438 / Sq Ft
10/29/2022 10/29/22 Price Changed $1,050,000 0.0% $535 / Sq Ft
10/29/2022 10/29/22 For Sale $1,050,000 -8.7% $535 / Sq Ft
10/16/2022 10/16/22 Off Market $1,150,000 -- --
10/01/2022 10/01/22 For Sale $1,150,000 -- $586 / 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 $19,556 $1,557,330 $707,250 $850,080
2024 $19,034 $809,531 $633,696 $175,835
2023 $19,034 $783,889 $569,336 $214,553
2022 $7,887 $355,968 $0 $0
2021 $7,866 $345,600 $0 $0
2020 $7,745 $340,829 $0 $0
2019 $7,877 $333,167 $0 $0
2018 $7,392 $326,955 $0 $0
2017 $7,316 $320,231 $0 $0
2016 $7,284 $313,645 $0 $0
2015 $7,340 $311,465 $0 $0
2014 $7,446 $308,994 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11431076

MIAMI REALTORS® MLS

APN: 11-3206-013-5650