NOT LISTED FOR SALE

Estimated Value: $5,060,000 - $6,939,000

5 Beds
5 Baths
3,753 Sq Ft
$1,588/Sq Ft Est. Value

Last Sold January 09, 2012

Last sale price $1,720,000 $458 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $33,386/month

63 Days on Market

Highlights

  • Built in 2008 | Newly Remodeled
  • In Ground Pool
  • Vaulted Ceiling
  • Morningside K-8 Academy Rated 9+
  • Gated Community
  • Marble Flooring

About This Home

As of January 2012

Exquistely new in 2008! Sleek, Contemporary & polished to perfection setting the standard in luxury living on Miami's Private Island of Bay Point. Five generous bedrooms five luxurious baths, Master bath w/Steamer bathtub & access to Pool. Italian sty le kitchen opens to living areas w/views of Exotic Bamboos & Palms embracing every corner of the home. New home automation system w/security cameras allows access to all home systems from any computer globally. A must have the moment you enter.

Last Agent to Sell the Property

Kathryn Taxman

MMLS Assoc.-Inactive Member License #0659439 Listed on: 09/12/2011

Last Buyer's Agent

Laura Cresto

Douglas Elliman License #3024288

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,406

Year Built

  • Built in 2008 | Newly Remodeled

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 98x140
  • West Facing Home
  • Fenced
  • Corner Lot
  • Interior Lot
  • Property is zoned 1 /S FM

HOA Fees

  • $119 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,753 Sq Ft Home
  • Furnished
  • Furniture Can Be Negotiated
  • Vaulted Ceiling
  • Formal Dining Room

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 5 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Intercom Access
  • Impact Glass

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-008-2370

Community Details

Overview

  • Bay Point Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,406

Year Built

Built in 2008 | Newly Remodeled

Lot Details

0

HOA Fees

$119 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Half Duplex
  • Directions: 45TH & BISCAYNE BLVD. ISLAND RD TO PALM LANE TURN RIGHT, 1 BLK HOUSE ON LEFT/CORNER
  • Garage Yn: Yes
  • Horses: No
  • Lot Size: 98x140
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Pool Only, House
  • Subdivision Name: BAY POINT
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 1720000
  • InternetRemarks: New constructin 2008. Miami's Private Island Bay Point. Contemp. 5/5 w/pool.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Volume Ceilings, Walk-In Closet(s), Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Marble, Wood
  • Furnished: Furnished, Unfurnished, Furniture Negotiable
  • Living Area: 3753
  • Other Equipment: Intercom
  • Window Features: Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Tile
  • View: Garden, Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Corner Lot, Interior Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BAY POINT
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Other, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 1424
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Private Roads, Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-19-008-2370
  • Lot Size Sq Ft: 13829
  • Zoning: 1 /S FM

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2009
  • Tax Annual Amount: 19406

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2017
Sold by
Parker Jay Phillip and Parker Laura C
Bought by
Parker Jay Phillip
Current Estimated Value
$5,959,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Outstanding Balance
$843,757
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$5,115,979

Purchase Details

Listed on
Sep 12, 2011
Closed on
Jan 3, 2012
Sold by
Hardy Lyle R and Hardy Karen M
Bought by
Parker Laura C and Parker Jay Phillip
Seller's Agent
Kathryn Taxman
MMLS Assoc.-Inactive Member
Buyer's Agent
Laura Cresto
Douglas Elliman
List Price
$1,720,000
Sold Price
$1,720,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$1,360,000
Interest Rate
4.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 21, 2008
Sold by
Delamo Ramiro E
Bought by
Hardy Lyle R and Hardy Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 7, 2004
Sold by
Levine Philip
Bought by
Delamo Ramiro E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,250
Interest Rate
1.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2004
Sold by
Golden Randy C and Golden Janet H
Bought by
Levine Phillip

Purchase Details

Closed on
Jul 28, 1999
Sold by
Laven George
Bought by
Golden Randy C and Golden Janet H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,400
Interest Rate
7.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 1993
Sold by
Young Dennis W and Young Janine F
Bought by
Laven George and Laven Charlene
Source: Public Records
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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
Parker Jay Phillip -- Attorney
Parker Laura C $1,720,000 Attorney
Hardy Lyle R $1,700,000 Attorney
Delamo Ramiro E $890,000 --
Levine Phillip $725,000 --
Golden Randy C $338,000 --
Laven George $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Jay Phillip $1,015,000
Closed Parker Laura C $1,360,000
Previous Owner Hardy Lyle R $1,275,000
Previous Owner Delamo Ramiro E $641,250
Previous Owner Golden Randy C $249,000
Previous Owner Golden Randy C $577
Previous Owner Golden Randy C $270,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2012 01/09/12 Sold $1,720,000 0.0% $458 / Sq Ft
11/17/2011 11/17/11 Pending -- -- --
09/14/2011 09/14/11 For Sale $1,720,000 -- $458 / 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 $27,456 $1,435,722 -- --
2024 $27,327 $1,393,293 -- --
2023 $27,327 $1,352,712 $0 $0
2022 $26,588 $1,313,313 $0 $0
2021 $26,584 $1,275,062 $0 $0
2020 $26,275 $1,257,458 $0 $0
2019 $25,730 $1,229,187 $0 $0
2018 $24,767 $1,206,268 $0 $0
2017 $24,215 $1,166,870 $0 $0
2016 $24,416 $1,142,870 $0 $0
2015 $24,694 $1,134,926 $0 $0
2014 $24,980 $1,125,919 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1549823

MIAMI REALTORS® MLS

APN: 01-3219-008-2370