NOT LISTED FOR SALE

4500 Banyan Ln Miami, FL 33137

Upper East Side South Neighborhood

Estimated Value: $4,690,000 - $6,599,778

3 Beds
3.5 Baths
3,858 Sq Ft
$1,529/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $1,900,000 $492 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $37,055/month

372 Days on Market

Highlights

  • In Ground Pool
  • Atrium Room
  • Wood Flooring
  • Gated Community
  • Recreation Room
  • Pool View

About This Home

As of August 2018

This charming split-level 3,858 square foot house is one of the few homes available in the highly sought-after Bay Point Island. Large living room, extending from the front to the back of the house - Large master bedroom suite - 2nd bedroom large enough to be split into two smaller bedrooms - Guest bedroom and bathroom with direct access to the pool area - Shower room with direct access from the backyard. Large backyard with patio and BBQ area - Large 38'x18' swimming pool.

Last Agent to Sell the Property

Jeffrey Cohen

MMLS Assoc.-Inactive Member License #0442529 Listed on: 05/12/2017

MMLS Assoc.-Inactive Member

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,741

Year Built

  • Built in 1956

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 85x163
  • East Facing Home
  • Fenced
  • Irregular Lot
  • Property is zoned 1 /S FM

Home Design

  • Patio Lot
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,858 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Fireplace
  • Awning
  • Recreation Room
  • Atrium Room
  • Pool Views

Kitchen

  • Electric Range
  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Circular Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-008-2060

Community Details

Overview

  • Bay Point Subdivision
  • Property has a Home Owners Association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,741

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Patio/Zero Lot
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • Lot Size: 85x163
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: BAY POINT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Free-Standing Freezer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), Atrium, Recreation Room, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Floor, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 3858
  • Other Equipment: Central Vacuum
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Primary Bedroom Upstairs
  • Living Room Features: Atrium, Recreation Room, Utility Room/Laundry

Exterior Features

  • Roof: Other
  • View: Pool
  • Exterior Features: Barbeque, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, East Of US 1, Irregular Lot
  • Patio And Porch Features: Awning(s), Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAY POINT
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated, Gated Community, Mandatory Hoa
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-19-008-2060
  • Lot Size Sq Ft: 13855
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 14741

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2017
Closed on
Aug 10, 2018
Sold by
Stimamiglio Matilde
Bought by
Valori Peter Francis
Seller's Agent
Jeffrey Cohen
MMLS Assoc.-Inactive Member
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$2,500,000
Sold Price
$1,900,000
Premium/Discount to List
-$600,000
-24%
Current Estimated Value
$5,897,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,997,945
Avg. Annual Appreciation
17.70%
Original Mortgage
$1,520,000
Outstanding Balance
$1,325,530
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$4,572,415

Purchase Details

Closed on
Oct 21, 1999
Sold by
Nestor Mark S and Ritvo Eva
Bought by
Stimamiglio Alberto and Stimamiglio Matilde
Source: Public Records

Range of Values:

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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
Valori Peter Francis $1,900,000 Attorney
Stimamiglio Alberto $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valori Peter Francis $1,520,000
Previous Owner Stimamiglio Matilde $800
Previous Owner Stimamiglio Alberto $53,516
Previous Owner Stimamiglio Alberto $200,000
Previous Owner Stimamiglio Alberto $100,000
Previous Owner Stimamiglio Alberto $25,000
Previous Owner Stimamiglio Alberto $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2018 08/10/18 Sold $1,900,000 -9.5% $492 / Sq Ft
05/20/2018 05/20/18 Pending -- -- --
03/08/2018 03/08/18 Price Changed $2,100,000 -16.0% $544 / Sq Ft
05/12/2017 05/12/17 For Sale $2,500,000 -- $648 / 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
2024 $52,658 $2,456,659 -- --
2023 $52,658 $2,385,106 $0 $0
2022 $36,044 $1,668,574 $0 $0
2021 $32,748 $1,523,452 $1,059,908 $463,544
2020 $31,392 $1,456,097 $989,247 $466,850
2019 $30,527 $1,412,296 $942,140 $470,156
2018 $14,613 $722,000 $0 $0
2017 $14,465 $707,150 $0 $0
2016 $14,577 $692,606 $0 $0
2015 $14,741 $687,792 $0 $0
2014 $14,908 $682,334 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jeffrey Cohen

    MMLS Assoc.-Inactive Member

    Section Image

  • N

    Buyer's Agent in 2018

    NON-MLS MEMBER

    MAR NON MLS MEMBER

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10276345

MIAMI REALTORS® MLS

APN: 01-3219-008-2060

Florida Miami/Dade County Miami 33137 Upper East Side South

4500 Banyan Ln, Miami, FL

This home is located at 4500 Banyan Ln, Miami, FL 33137 since 12 May 2017 and is currently estimated at $5,897,945, approximately $1,528 per square foot. This property was built in 1956. 4500 Banyan Ln is a home located in Miami-Dade County with nearby schools including Morningside K-8 Academy, Horace Mann Middle School, and Booker T. Washington 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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