NOT LISTED FOR SALE

422 Palermo Ave Coral Gables, FL 33134

Central Coral Gables Neighborhood

Estimated Value: $1,724,000 - $2,254,000

3 Beds
3 Baths
2,804 Sq Ft
$713/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $1,225,000 $437 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $13,260/month

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Breakfast Area or Nook
  • George W. Carver Elementary School Rated A
  • No HOA
  • Formal Dining Room

About This Home

As of December 2022

Beautiful and spacious pool house in the prestigious city of Coral Gables, excellent location within walking distance to restaurants, excellent layout, exterior and interior freshly painted, huge master bedroom with sitting area and two big walking closets, garage, laundry and much more, New tile roof to be installed by next month. Available for immediate occupancy, asking price and terms are flexible, request your appointment today!

Last Agent to Rent the Property

Danny Crespo

Rejoice Realty Group, Inc. License #3098053 Listed on: 10/12/2022

Last Renter's Agent

Lisa Fox

Coldwell Banker Realty License #3053607

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,474

Year Built

  • 1947

Lot Details

  • 10,000 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 2,804 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • French Doors
  • Formal Dining Room
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Coral Gables Biltmore Sec Subdivision

Listing and Financial Details

  • Property Available on 10/11/22
  • Assessor Parcel Number 03-41-17-008-3730

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,474

Year Built

1947

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2022-10-11

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: CORAL GABLES BILTMORE SEC
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, French Doors, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 2804
  • Stories: 1
  • Window Features: Complete Accordian Shutters, Hurricane Shutters
  • Bedroom Features: Master Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bath Shower, Master Bath Tub
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining

Exterior Features

  • Construction Type: Concrete Block With Brick
  • Direction Faces: North
  • Fencing: Fenced
  • Patio And Porch Features: Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CORAL GABLES BILTMORE SEC
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 03-41-17-008-3730
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 10000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Mar 28, 2022
Sold by
Canton and Martha
Bought by
Gonzalez Pedro J and Morales Damaris
Seller's Agent
Monica Menna
Real Estate Sales Force
Buyer's Agent
Danny Crespo
Rejoice Realty Group, Inc.
Sold Price
$1,225,000
Current Estimated Value
$2,034,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$809,110
Avg. Annual Appreciation
15.92%
Original Mortgage
$1,000,000
Outstanding Balance
$944,074
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$1,071,246

Purchase Details

Closed on
Jul 10, 2000
Sold by
Bragg Rick E
Bought by
Canton Leonardo and Arana-Canton Martha

Purchase Details

Closed on
Mar 18, 1999
Sold by
Branden Yves V and Branden Vivianne V
Bought by
Bragg Rick E

Purchase Details

Closed on
Mar 22, 1995
Sold by
Aronovitz Alfred and Aronovitz Derek C
Bought by
Vanden Branden Yves C and Van Den Branden Vivian
Source: Public Records

Range of Values:

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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
Gonzalez Pedro J $1,250,000 New Title Company Name
Canton Leonardo $295,000 --
Bragg Rick E $292,000 --
Vanden Branden Yves C $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Pedro J $1,000,000
Previous Owner Canton Leonardo $215,000
Previous Owner Canton Leonardo $465,400
Previous Owner Vanden Branden Yves C $150,000
Previous Owner Vanden Branden Yves C $78,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Rented $6,250 -10.1% --
11/08/2022 11/08/22 Under Contract -- -- --
10/31/2022 10/31/22 Price Changed $6,950 -12.0% $2 / Sq Ft
10/12/2022 10/12/22 For Rent $7,900 0.0% --
03/29/2022 03/29/22 Sold $1,225,000 +25.0% $437 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/08/2021 12/08/21 For Sale -- -- --
08/31/2021 08/31/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $980,000 -- $350 / 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 $25,474 $1,316,076 -- --
2024 $21,907 $1,436,613 $1,019,844 $416,769
2023 $21,907 $1,141,569 $749,760 $391,809
2022 $9,210 $540,560 $0 $0
2021 $10,081 $524,816 $0 $0
2020 $9,968 $517,571 $0 $0
2019 $9,767 $505,935 $0 $0
2018 $9,373 $496,502 $0 $0
2017 $9,287 $486,290 $0 $0
2016 $9,262 $476,288 $0 $0
2015 $8,491 $472,978 $0 $0
2014 $8,605 $469,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danny Crespo

    Landlord's Agent in 2022

    Danny Crespo

    Rejoice Realty Group, Inc.

    (786) 300-9709

    1 in this area

    50 Total Sales

    Section Image

  • M

    Seller's Agent in 2022

    Monica Menna

    Real Estate Sales Force

    Section Image
  • Lisa Fox

    Tenant's Agent in 2022

    Lisa Fox

    Coldwell Banker Realty

    (305) 345-8153

    64 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11286625

MIAMI REALTORS® MLS

APN: 03-4117-008-3730

Florida Miami/Dade County Coral Gables 33134 Central Coral Gables

422 Palermo Ave, Coral Gables, FL

This home is located at 422 Palermo Ave, Coral Gables, FL 33134 since 12 October 2022 and is currently priced at $1,998,485. This property was built in 1947. 422 Palermo Ave is a home located in Miami-Dade County with nearby schools including George W. Carver Elementary School, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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