NOT LISTED FOR SALE

Estimated Value: $3,726,000 - $4,805,000

5 Beds
4.5 Baths
3,342 Sq Ft
$1,285/Sq Ft Est. Value

Last Sold July 09, 2020

Last sale price $2,315,000 $693 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $25,308/month

385 Days on Market

Highlights

  • Newly Remodeled
  • In Ground Pool
  • Deck
  • Key Biscayne K-8 Center Rated A-
  • Sauna
  • 5-minute walk to Paradise Park

About This Home

As of July 2020

REMARKABLE HOUSE. REMARKABLE LOCATION. REMARKABLE PRICE!

Contemporary two story perfection located within walking distance of schools, houses of worship, Village Green and restaurant/boutiques. 5 bd., 4 ½ baths with master and three bedrooms upstairs and l ½ on the first floor, along with living, office, den, formal dining, and fully equipped kitchen. Tropical undercover entertainment area and heated saltwater pool. Impact windows, security system with 6 cameras with app access, auto system throughout, sauna. Exquisite Colombian cherry wood accents throughout. Beautifully landscaped with multiple mature palms. One of a kind and will go soon. 24 hr notice.

Last Agent to Sell the Property

Pamela Ibarguen-Mann

Fortune Christie's Intl R.E. License #0360342 Listed on: 04/29/2019

Fortune Christie's Intl R.E.

Last Buyer's Agent

Arturo Sosa

One Sotheby's International Realty License #3210067

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,510

Year Built

  • Built in 2004 | Newly Remodeled

Lot Details

  • 7,690 Sq Ft Lot
  • East Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Driveway
  • Guest Parking
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,342 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Paddle Fans
  • Skylights
  • Drapes & Rods
  • Blinds
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Sauna

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Leased
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Cooling System Powered By Gas
  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Club Membership Available
  • Tropical Isle Homes Sub 1,Tropical Isle Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-004-1040

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,510

Year Built

Built in 2004 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB 1,TROPICAL ISLE HOMES
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, French Doors, Laundry Tub, Pantry, Skylight, Split Bedroom, Vaulted Ceiling(s), Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Sauna
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 3342
  • Other Equipment: Natural Gas
  • Possible Use: Unknown/Withheld
  • Window Features: Skylight, Blinds, Casement, Drapes, High Impact Windows, Impact Glass
  • Bedroom Features: Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Sauna

Exterior Features

  • Roof: Barrel Roof
  • View: Garden, Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Other Lot Description
  • Patio And Porch Features: Deck, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ISLE HOMES SUB 1
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Gas, Paddle Fans, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Fuse Box
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Washer/Dryer Hook-Up
  • Security: Security System Leased, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Other Membership Available

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-42-32-004-1040
  • Lot Size Sq Ft: 7690
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 29510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jul 9, 2020
Sold by
Delevic Ivan and Delevic Zita
Bought by
Rambhatla Tarak S and Rodriguez Valentina
Seller's Agent
Pamela Ibarguen-Mann
Fortune Christie's Intl R.E.
Buyer's Agent
Arturo Sosa
One Sotheby's International Realty
List Price
$2,490,000
Sold Price
$2,315,000
Premium/Discount to List
-$175,000
-7.03%
Current Estimated Value
$4,293,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,978,161
Avg. Annual Appreciation
12.14%
Original Mortgage
$1,836,000
Outstanding Balance
$1,635,284
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$2,569,324

Purchase Details

Listed on
Dec 13, 2013
Closed on
Feb 10, 2014
Sold by
Ballestas Miguel Andres and Ballestas Carolina
Bought by
Delevic Ivan and Delevic Zita
Seller's Agent
Florencia Moni
BHHS EWM Realty
Buyer's Agent
Paola Padovan
Padovan Realty Corp.
List Price
$2,840,000
Sold Price
$2,680,000
Premium/Discount to List
-$160,000
-5.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.27%
Original Mortgage
$1,500,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 16, 1994
Sold by
Calise Caroline
Bought by
Ballestas Miguel Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.16%
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
Rambhatla Tarak S $2,315,000 Attorney
Delevic Ivan $2,680,000 Attorney
Ballestas Miguel Andres $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rambhatla Tarak S $1,836,000
Previous Owner Delevic Ivan $650,000
Previous Owner Delevic Ivan $925,058
Previous Owner Delevic Ivan $1,500,000
Previous Owner Delevic Ivan $900,000
Previous Owner Ballestas Miguel Andres $1,000,000
Previous Owner Ballestas Miguel Andres $870,000
Previous Owner Ballestas Miguel Andres $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2020 07/09/20 Sold $2,315,000 -7.0% $693 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $2,490,000 +7.6% $745 / Sq Ft
09/26/2019 09/26/19 Off Market $2,315,000 -- --
08/07/2019 08/07/19 Price Changed $2,490,000 -4.2% $745 / Sq Ft
04/29/2019 04/29/19 For Sale $2,599,000 -3.0% $778 / Sq Ft
02/20/2014 02/20/14 Sold $2,680,000 -5.6% $786 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
12/13/2013 12/13/13 For Sale $2,840,000 -- $833 / 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 $31,637 $2,027,316 -- --
2024 $31,210 $1,970,181 -- --
2023 $31,210 $1,912,798 $0 $0
2022 $30,034 $1,857,086 $0 $0
2021 $30,125 $1,802,997 $1,065,065 $737,932
2020 $27,373 $1,694,508 $947,792 $746,716
2019 $30,355 $1,870,551 $1,115,050 $755,501
2018 $29,510 $1,879,337 $1,115,050 $764,287
2017 $33,392 $2,104,559 $0 $0
2016 $33,476 $2,061,273 $0 $0
2015 $33,968 $2,046,945 $0 $0
2014 $32,666 $1,886,983 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10664197

MIAMI REALTORS® MLS

APN: 24-4232-004-1040