NOT LISTED FOR SALE

Estimated Value: $6,718,000 - $10,144,591

5 Beds
7 Baths
5,186 Sq Ft
$1,531/Sq Ft Est. Value

Last Sold February 13, 2019

Last sale price $2,800,000 $540 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $48,748/month

112 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Maid or Guest Quarters
  • Home Theater
  • Sitting Area In Primary Bedroom
  • Vaulted Ceiling

About This Home

As of February 2019

Live in Bay Point, a gated community in one of Miami's most private and exclusive neighborhoods. Situated on an over-sized corner lot, this over 5000 sq. ft. home boasts high ceilings, marble and hardwood floors throughout, master bedroom with large walk-in closet, home office or media room with AV equipment, option for a gym or guest quarters which provides several options to suit your needs. Entertain in it's large chef's kitchen or in your lusciously landscaped private backyard with its built-in summer kitchen and heated 43 ft. swimming pool. Home also features a generator capable of powering the entire home. Located just minutes from Downtown Miami, Miami Beach, Wynwood, and fabulous shops at the Design District.

Last Agent to Sell the Property

Denver Bright

Compass Florida, LLC. License #3269973 Listed on: 08/10/2018

Compass Florida, LLC.

Co-Listed By

Betsy Magde

Compass Florida, LLC. License #3277119

Last Buyer's Agent

Denver Bright

Compass Florida, LLC. License #3269973 Listed on: 08/10/2018

Compass Florida, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,875

Year Built

  • Built in 1956

Lot Details

  • 0.37 Acre Lot
  • East Facing Home
  • Property is zoned 0100

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Circular Driveway
  • Paver Block
  • Open Parking
  • Golf Cart Parking

Home Design

  • Substantially Remodeled
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,186 Sq Ft Home
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • French Doors
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Sun or Florida Room
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Clear Impact Glass
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Bay Point,Bay Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-008-2280

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,875

Year Built

Built in 1956

Lot Details

0

HOA Fees

$217 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Other
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: BAY POINT,Bay Point
  • 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, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Fire Sprinklers, French Doors, Skylight, Vaulted Ceiling(s), Den/Library/Office, Family Room, Florida Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room
  • Spa Yn: No
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: High Impact Doors, French Doors
  • Flooring: Ceramic Floor, Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 5186
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Skylight
  • Bedroom Features: Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Eat-In Kitchen, Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Separate Guest/In-Law Quarters, Guest House, Maid/In-Law Quarters, Media Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • 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: Circular Driveway, Driveway, Electric Vehicle Charging Station(s), Golf Cart Parking, Paver Block

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2600
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Additional Amenities
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-19-008-2280
  • Lot Size Sq Ft: 15953
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 47875

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Feb 6, 2019
Sold by
Scott Paul Richard and Scott Paul R
Bought by
Raymond Mark F and Raymond Arlys W
Seller's Agent
Denver Bright
Compass Florida, LLC.
Buyer's Agent
Denver Bright
Compass Florida, LLC.
List Price
$3,195,000
Sold Price
$2,800,000
Premium/Discount to List
-$395,000
-12.36%
Current Estimated Value
$7,939,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,139,864
Avg. Annual Appreciation
17.39%
Original Mortgage
$2,519,720
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 10, 2014
Closed on
Apr 3, 2015
Sold by
Faiz Rodolfo and Faiz Daniela
Bought by
Scott Paul Richard
Seller's Agent
Constantin Gorges
Compass Florida, LLC.
Buyer's Agent
Morgan Fischer
MMLS Assoc.-Inactive Member
List Price
$5,995,000
Sold Price
$3,419,000
Premium/Discount to List
-$2,576,000
-42.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.03%
Original Mortgage
$2,393,300
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 22, 2010
Sold by
Mender Vera and Mueller Heinz
Bought by
Paiz Rodolfo and Paiz Daniela

Purchase Details

Closed on
May 26, 2005
Sold by
4350 Sabal Palm Road Llc
Bought by
Mender Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 17, 2004
Sold by
Pranich Noranit Tui
Bought by
4350 Sabal Palm Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2004
Sold by
Iglesias Maria Isabel
Bought by
Pranich Noranit Tui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 11, 1998
Sold by
Cox Edna
Bought by
Iglesias Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.84%
Mortgage Type
New Conventional
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
Raymond Mark F $2,800,000 Alliance Title & Escrow Grou
Scott Paul Richard $3,419,000 None Available
Paiz Rodolfo $1,860,000 Attorney
Mender Vera $2,100,000 --
4350 Sabal Palm Road Llc $1,525,000 --
Pranich Noranit Tui $1,550,000 --
Iglesias Maria I $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raymond Mark F $3,599,600
Closed Raymond Mark F $2,519,720
Previous Owner Scott Paul Richard $2,393,300
Previous Owner Paiz Rodolfo J $600,000
Previous Owner Mender Vera $1,600,000
Previous Owner Pranich Noranit Tui $960,000
Previous Owner Iglesias Maria I $556,500
Previous Owner Iglesias Maria I $440,000
Previous Owner Iglesias Maria I $280,000
Closed Pranich Noranit Tui $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2019 02/13/19 Sold $2,800,000 -6.5% $540 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
10/18/2018 10/18/18 Price Changed $2,995,000 -3.2% $578 / Sq Ft
10/01/2018 10/01/18 Price Changed $3,095,000 -3.1% $597 / Sq Ft
08/08/2018 08/08/18 For Sale $3,195,000 0.0% $616 / Sq Ft
04/01/2016 04/01/16 Rented $15,000 -16.7% --
03/02/2016 03/02/16 Under Contract -- -- --
12/28/2015 12/28/15 For Rent $18,000 0.0% --
04/03/2015 04/03/15 Sold $3,419,000 -14.4% $637 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
10/29/2014 10/29/14 Price Changed $3,995,000 -11.1% $745 / Sq Ft
09/17/2014 09/17/14 Price Changed $4,495,000 -18.2% $838 / Sq Ft
06/13/2014 06/13/14 Price Changed $5,495,000 -8.3% $1,024 / Sq Ft
02/10/2014 02/10/14 For Sale $5,995,000 -- $1,117 / 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 $60,708 $3,052,218 -- --
2024 $57,319 $2,857,808 -- --
2023 $57,319 $2,677,517 $0 $0
2022 $46,395 $2,227,182 $0 $0
2021 $43,910 $2,090,560 $0 $0
2020 $42,961 $2,040,929 $1,139,044 $901,885
2019 $43,017 $1,997,362 $1,084,804 $912,558
2018 $42,439 $2,008,033 $1,084,804 $923,229
2017 $47,875 $2,242,002 $0 $0
2016 $49,545 $2,252,629 $0 $0
2015 $43,600 $1,898,811 $0 $0
2014 $39,528 $1,726,192 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10518671

MIAMI REALTORS® MLS

APN: 01-3219-008-2280