NOT LISTED FOR SALE

450 W Matheson Dr Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $5,305,000 - $8,028,000

4 Beds
5 Baths
3,702 Sq Ft
$1,919/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $6,000,000 $1,621 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $44,259/month

About This Home

As of March 2015

Spectacular Waterfront Three Story Jewel with amazing views. Commanding 100+ ft of prime Key Biscayne cove waterfront. 4 BR, 4.5 BA + den home w/water views from almost every room. Foyer, large Living Room, separate Dining/Family room. Spacious eat-in kitchen w/granite counters, SS appliances + island. 4 en-suite bedrooms + half bath. Lux master BR suite w/2 WI closets + BA w/double vanity, soaking tub & separate shower. Deep wrap-around terrace overlooking the water. Expansive roof deck w/seating, waterfront & Miami skyline views. Garden level BBQ, wet bar & pool. Private dock. 2 car garage.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2013
Closed on
Mar 27, 2015
Sold by
Lutz Raymond J and Conover Pamela C
Bought by
450 Matheson Llc
Seller's Agent
Pamela Ibarguen-Mann
Fortune Christie's Intl R.E.
Buyer's Agent
Edgardo Defortuna
Fortune International Realty
List Price
$9,250,000
Sold Price
$6,000,000
Premium/Discount to List
-$3,250,000
-35.14%
Current Estimated Value
$7,105,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,105,783
Avg. Annual Appreciation
1.13%

Purchase Details

Closed on
Dec 13, 2001
Sold by
Gianquitto Donald A and Gianquitto Carole A
Bought by
Lutz Raymond J and Lutz Pamela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
450 Matheson Llc $6,000,000 None Available
Lutz Raymond J $2,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lutz Raymond J $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Rented -- -- --
11/05/2021 11/05/21 For Rent $29,000 +93.3% --
10/20/2017 10/20/17 Rented $15,000 -6.3% --
10/03/2017 10/03/17 For Rent $16,000 +14.3% --
04/11/2016 04/11/16 Rented $14,000 -12.5% --
02/24/2016 02/24/16 Under Contract -- -- --
12/28/2015 12/28/15 For Rent $16,000 0.0% --
03/31/2015 03/31/15 Sold $6,000,000 -13.0% $1,514 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
11/21/2014 11/21/14 Price Changed $6,900,000 -13.7% $1,742 / Sq Ft
06/20/2014 06/20/14 Price Changed $7,999,000 -5.3% $2,019 / Sq Ft
04/02/2014 04/02/14 Price Changed $8,450,000 -5.6% $2,133 / Sq Ft
02/10/2014 02/10/14 Price Changed $8,950,000 -3.2% $2,259 / Sq Ft
12/05/2013 12/05/13 For Sale $9,250,000 -- $2,335 / Sq Ft

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
2024 $78,588 $4,856,542 -- --
2023 $78,588 $4,415,039 $0 $0
2022 $64,891 $4,013,672 $2,675,400 $1,338,272
2021 $66,467 $3,974,820 $2,620,800 $1,354,020
2020 $72,088 $4,366,217 $2,996,448 $1,369,769
2019 $67,214 $4,060,918 $2,675,400 $1,385,518
2018 $59,623 $3,722,865 $2,675,400 $1,047,465
2017 $79,205 $4,903,083 $0 $0
2016 $81,270 $4,914,861 $0 $0
2015 $45,331 $2,721,027 $0 $0
2014 $46,018 $2,699,432 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ruth Palma

    Seller's Agent in 2021

    Ruth Palma

    Fortune Christie's International Real Estate

    (305) 856-2600

    12 Total Sales

    Ruth Palma
    Section Image
  • Brigitte Nachtigall

    Buyer's Agent in 2021

    Brigitte Nachtigall

    One Sotheby's International Realty

    (305) 710-9664

    70 in this area

    84 Total Sales

    Brigitte Nachtigall
    Section Image
  • Brigitte De Langeron

    Seller's Agent in 2017

    Brigitte De Langeron

    DLS International Realty

    (305) 459-3875

    31 in this area

    37 Total Sales

    Brigitte De Langeron
    Section Image

  • A

    Buyer's Agent in 2017

    Aneta Kesy

    Fortune Christie's Intl R.E.

    (305) 606-8181

    Aneta Kesy
    Section Image

  • G

    Seller's Agent in 2016

    Gary Lazarus

    MMLS Assoc.-Inactive Member

    (617) 309-9167

    52 Total Sales

    Section Image

  • P

    Seller's Agent in 2015

    Pamela Ibarguen-Mann

    Fortune Christie's Intl R.E.

    (305) 856-2600

    3 in this area

    5 Total Sales

    Pamela Ibarguen-Mann
    Section Image
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Map

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

450 W Matheson Dr, Key Biscayne, FL

This home is located at 450 W Matheson Dr, Key Biscayne, FL 33149 and is currently estimated at $7,105,783, approximately $1,919 per square foot. 450 W Matheson Dr is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, 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.

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