NOT LISTED FOR SALE

Estimated Value: $1,394,000 - $1,558,000

4 Beds
3 Baths
3,184 Sq Ft
$454/Sq Ft Est. Value

Last Sold February 17, 2016

Last sale price $755,000 $237 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $9,418/month

108 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Wood Flooring
  • Indian Trace Elementary School Rated A
  • Roman Tub
  • Breakfast Area or Nook

About This Home

As of February 2016

Gorgeous 1/2 acre lakefront lot in the heart of Weston in Palm Island, views of the lake from all living areas. Brand new Roof.Pool Wonderful for entertaining. Large windows, lots of light. Hardwood floors, spacious rooms, plenty of storage. Kitchen opens to family room, granite counters, stainless appliances. Generously sized bedrooms, 3 way split floor plan. This is a special place to call home. Guard gated community ."A" rated schools within walking distance. Come see these real Gem!

Last Agent to Sell the Property

Maria Martinez

MMLS Assoc.-Inactive Member License #3274273 Listed on: 10/09/2015

Last Buyer's Agent

Ricardo Beilmann

United Realty Group Inc. License #3159585

United Realty Group Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,186

Year Built

  • Built in 1991

Lot Details

  • 0.52 Acre Lot
  • 165 Ft Wide Lot
  • Lake Front
  • Northwest Facing Home

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Bahama Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,184 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Family Room
  • Formal Dining Room
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer

Pool

  • Fence Around Pool
  • Free Form Pool

Outdoor Features

  • Exterior Lighting

Schools

  • Indian Trace Elementary School
  • Tequesta Trace Middle School
  • Cypress Bay High School

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 504018030440

Community Details

Overview

  • Palm Island Subdivision
  • Mandatory home owners association
  • The community has rules related to no motorcycles, no recreational vehicles or boats, no trucks or trailers

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,186

Year Built

Built in 1991

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: ROYAL PALM TO BAYSIDE LANE. AFTER GATE, 1ST LEFT TO PALM BLVD. FOLLOW PALM BLVD TO SABAL WAY. TURN RIGHT. HOUSE WILL BE ON YOUR RIGHT, MID WAY DOWN THE STREET.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Palm Island
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: Built-in Features, Closet Cabinetry, Roman Tub, 3 Bedroom Split, Walk-In Closet(s), Family Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Carpet, Wood
  • Furnished: Unfurnished
  • Living Area: 3184
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Blinds
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Bahama
  • View: Lake
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Screened Porch
  • Pool Features: Free Form, Screen Enclosure
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Palm Island
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 525
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Gated Community, Mandatory Hoa
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Indian Trace
  • High School: Cypress Bay
  • Middle Or Junior School: Tequesta Trace

Lot Info

  • Parcel Number: 504018030440
  • Lot Size Sq Ft: 22514
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 12186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2015
Closed on
Feb 17, 2016
Sold by
Benitez Marcelo and De Benitez Rossanna Acosta
Bought by
Garcia Tania
Seller's Agent
Maria Martinez
MMLS Assoc.-Inactive Member
Buyer's Agent
Ricardo Beilmann
United Realty Group Inc.
List Price
$830,000
Sold Price
$755,000
Premium/Discount to List
-$75,000
-9.04%
Current Estimated Value
$1,445,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$690,084
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Jun 8, 2012
Sold by
Hayes Patrick T and Hayes Marlene O
Bought by
Benitez Marcelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
2.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2004
Sold by
Korngold Jacob H and Korngold Denise A
Bought by
Hayes Patrick T and Hayes Marlene O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1992
Sold by
Available Not
Bought by
Available Not
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
Garcia Tania $755,000 The Americas Title Group Llc
Benitez Marcelo $630,000 Attorney
Hayes Patrick T $575,000 --
Available Not $8,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benitez Marcelo $204,400
Previous Owner Benitez Marcelo $153,500
Previous Owner Benitez Marcelo $378,000
Previous Owner Hayes Patrick T $460,000
Previous Owner Korngold Jacob H $228,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2016 02/17/16 Sold $755,000 -4.4% $237 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
01/11/2016 01/11/16 Price Changed $790,000 -4.8% $248 / Sq Ft
11/25/2015 11/25/15 Price Changed $830,000 0.0% $261 / Sq Ft
11/25/2015 11/25/15 For Sale $830,000 -2.4% $261 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
10/19/2015 10/19/15 Price Changed $850,000 -5.6% $267 / Sq Ft
10/09/2015 10/09/15 For Sale $900,000 -- $283 / 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 $17,158 $846,150 -- --
2024 $16,715 $822,310 -- --
2023 $16,715 $798,360 $0 $0
2022 $15,744 $775,110 $0 $0
2021 $15,313 $752,540 $270,170 $482,370
2020 $15,615 $742,620 $270,170 $472,450
2019 $14,688 $693,010 $270,170 $422,840
2018 $15,035 $730,520 $270,170 $460,350
2017 $14,896 $751,490 $0 $0
2016 $14,434 $707,340 $0 $0
2015 $12,131 $596,460 $0 $0
2014 $12,186 $589,910 $0 $0
2013 -- $562,210 $270,170 $292,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2186890

MIAMI REALTORS® MLS

APN: 50-40-18-03-0440