$6,000,000
SOLD MAR 31, 2015
3 Beds
4.5 Baths
3,962 Sq Ft
0.25 Acres

Recently Sold

$1,514 Per Sq Ft

35% Below List Price

437 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Sitting Area In Primary Bedroom
  • Key Biscayne K-8 Center Rated A-
  • Concrete Pool
  • 2-minute walk to Harbor Drive Park

About This Home

As of March 2015

YACHTSMAN'S DEEPWATER DREAM SPECTACULAR THEE STORY 3 BD.,4 1/2 BATH JEWEL WITH EXQUISITE WATERFRONT VISTAS. LOCATED ON ONE OF THE MOST PROTECTED COVES IN SE FLA.,AND OVER 100' ON THE NEW SEAWALL WITH DOCK,THE OFFERING IS A BOATER'S PARADISE.ALL MAJOR ROOM S OVERLOOKING WATERFRONT INCLUDING AMPLE GOURMET KITCHEN,BREAKFAST ROOM,LIVING,HUGE FAMILY ROOM,DEN & OVERSIZED MASTER. OPEN BALCONIES THROUGHOUT WITH ENTERTAINING ROOFTOP DECK WITH BREATHTAKING VIEWS OF THE ENTIRE KEY! LOCATED ON EXCLUSIVE W. MATHESON DR

Last Agent to Sell the Property

Pamela Ibarguen-Mann

Fortune Christie's Intl R.E. License #0360342 Listed on: 12/05/2013

Fortune Christie's Intl R.E.

Last Buyer's Agent

Edgardo Defortuna

Fortune International Realty License #0664479

Fortune International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,137

Year Built

  • Built in 1997

Lot Details

  • 0.25 Acre Lot
  • 105 Ft Wide Lot
  • Waterfront
  • South Facing Home
  • Property is zoned 20/ESTAT

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,962 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Paddle Fans
  • Sliding Windows
  • Casement Windows
  • French Doors
  • Family Room
  • Formal Dining Room
  • Den
  • Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom Access
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Private Dock
  • Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 32 33 54 42 & 4 5 6 55 42 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-002-0221

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,137

Year Built

Built in 1997

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Other
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: 32-33 54 42 & 4-5-6 55 42
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Freezer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Bar, French Doors, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Family Room
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 3962
  • Other Equipment: Intercom
  • Possible Use: Unknown/Withheld
  • Window Features: Casement, Sliding
  • Bedroom Features: Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Family Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Other
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Other Lot Description
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground, Concrete, Heated, Pool/Spa Combo
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, No Fixed Bridges, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 32-33 54 42 & 4-5-6 55 42
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Ceiling Fan(s), Central Air, Electric, Paddle Fans
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-42-32-002-0221
  • Lot Size Sq Ft: 10920
  • Zoning: 20/ESTAT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 45137

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
$7,492,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,492,708
Avg. Annual Appreciation
1.65%

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,000,000 None Available
Warranty Deed $2,100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,200,000 New Conventional
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
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 $82,036 $5,342,196 -- --
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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1877676

MIAMI REALTORS® MLS

APN: 24-4232-002-0221