NOT LISTED FOR SALE

Estimated Value: $5,092,009 - $6,234,000

5 Beds
6 Baths
1,152 Sq Ft
$4,930/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $3,675,000 $3,190 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $36,373/month

294 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Porch
  • Key Biscayne K-8 Center Rated A-
  • Balcony
  • High Impact Door

About This Home

As of December 2020

Enjoy Island living with a New single family home under construction, scheduled for completion in the fall of 2020. Beautiful modern finishes will leave you breathless for this contemporary, spacious 5 bedroom, 5.5 bath home located within a quiet residential street steps away from top schools, parks, and commercial centers in Key Biscayne. The open floor plan defines luxurious Key living at its best, with a modern open Italian kitchen including top of the Line Subzero & Wolf appliances, a swimming pool with patio, covered terrace with outdoor summer kitchen and BBQ, impact windows and doors, and large carport. Options available to select your finishes and colors with the developer. Don t miss out on this opportunity, act now by calling for additional information.

Last Listed By

Pedro Kolychkine

MMLS Assoc.-Inactive Member License #0639003 Listed on: 01/15/2020

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,826

Year Built

  • Built in 2020

Lot Details

  • Fenced

Parking

  • Attached Carport

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Entrance Foyer
  • High Impact Door

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-004-0710

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,826

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Internet Remarks: New modern home under construction in Key Biscayne.
  • Municipal Code: 24
  • Property Type: Single Family
  • Restrictions: Ok To Lease
  • Section: 32
  • Year Built: 2020
  • Property Sq Ft: 7661
  • Year Built Description: New Construction
  • Zoning Information: 0100
  • Flood Zone: AE
  • Furnished Info Sold: Unfurnished
  • Intended Use: Primary
  • Ratio Close Price By List Price: 0.96838
  • Storm Protection: Complete Impact Glass, High Impact Door
  • Style: Pool Only
  • Website: http://www.pkcontractorsgroup.com/Projects/Ridgewood/RIDGEWOOD%20ANIMATION.MP4
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Front Exposure: West
  • Bedroom Description: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
  • Primary Bathroom Description: Separate Tub & Shower
  • Dining Description: Dining/Living Room, Eat-In Kitchen, Family/Dining Combination, Formal Dining
  • Interior Amenities: First Floor Entry, Built-Ins, Closet Cabinetry, Foyer Entry
  • Windows Treatments: High Impact Windows, Impact Glass
  • Design: Detached
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 5
  • Cable Available Yn: Yes
  • Design Description: Two Story
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Icemaker, Microwave, Electric Range, Refrigerator, Smoke Detector, Washer
  • Furnished Info: Unfurnished
  • Pool: Yes

Exterior Features

  • Pool: Below Ground Pool
  • Lot Size: 7661
  • Construction Type: Cbs Construction
  • Roof Description: Concrete Roof
  • Exterior Features: Deck, Fence, High Impact Doors, Exterior Lighting, Open Balcony, Open Porch, Patio

Garage/Parking

  • Parking Description: Driveway
  • Carport Description: Attached

Utilities

  • Sewer Description: Municipal Sewer
  • Cooling Description: Central Cooling
  • Heating Description: Central Heat
  • Water Description: Municipal Water

Condo/Co-op/Association

  • Floor Description: Tile Floors
  • Subdivision Complex Bldg: TROPICAL ISLE HOMES SUB 1
  • Housing Older Persons Act: No Hopa

Lot Info

  • Lot Description: Less Than 1/4 Acre Lot
  • Parcel Number: 24-42-32-004-0710
  • Lot Sq Footage: 7661
  • Parcel Number Mlx: 0710

Green Features

  • Efficiency: Appliances, HVAC

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Information: Tax Reflects No Exemptions
  • Tax Amount: 19330
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Dec 18, 2020
Sold by
465 Ridgewood Llc
Bought by
Sirbu Oleg
Seller's Agent
Pedro Kolychkine
MMLS Assoc.-Inactive Member
Buyer's Agent
james duncan
Duncan Studio Real Estate Division PLLC
List Price
$3,795,000
Sold Price
$3,675,000
Premium/Discount to List
-$120,000
-3.16%
Total Days on Market
294
Current Estimated Value
$5,679,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,004,002
Avg. Annual Appreciation
10.35%
Original Mortgage
$2,940,000
Outstanding Balance
$2,223,908
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$3,455,094

Purchase Details

Listed on
Oct 10, 2018
Closed on
Dec 18, 2018
Sold by
Frantz Edna and Phillips Michael Robert
Bought by
Phillips Michael Robert
Seller's Agent
Thania Vernon
Fortune Christie's International Real Estate
Buyer's Agent
Robert Vernon
Fortune Christie's International Real Estate
List Price
$1,290,000
Sold Price
$1,110,000
Premium/Discount to List
-$180,000
-13.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
82.50%

Purchase Details

Listed on
Oct 10, 2018
Closed on
Dec 14, 2018
Sold by
Phillips Michael Robert
Bought by
465 Ridgewood Llc
Seller's Agent
Thania Vernon
Fortune Christie's International Real Estate
Buyer's Agent
Robert Vernon
Fortune Christie's International Real Estate
List Price
$1,290,000
Sold Price
$1,110,000
Premium/Discount to List
-$180,000
-13.95%

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
Sirbu Oleg $3,675,000 Attorney
Phillips Michael Robert $1,110,000 None Available
465 Ridgewood Llc $1,110,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sirbu Oleg $2,940,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $3,675,000 -3.2% $3,190 / Sq Ft
01/15/2020 01/15/20 For Sale $3,795,000 +241.9% $3,294 / Sq Ft
12/21/2018 12/21/18 Sold $1,110,000 -14.0% $964 / Sq Ft
11/23/2018 11/23/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $1,290,000 -- $1,120 / 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 $56,826 $3,569,672 $1,762,030 $1,807,642
2023 $56,826 $3,489,401 $1,762,030 $1,727,371
2022 $49,741 $3,097,112 $1,352,166 $1,744,946
2021 $47,568 $2,823,569 $1,061,048 $1,762,521
2020 $15,635 $944,218 $944,218 $0
2019 $19,976 $1,204,157 $1,110,845 $93,312
2018 $19,330 $1,204,157 $1,110,845 $93,312
2017 $21,860 $1,247,532 $0 $0
2016 $21,378 $1,134,120 $0 $0
2015 $19,939 $1,031,019 $0 $0
2014 $18,355 $937,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10801173

MIAMI REALTORS® MLS

APN: 24-4232-004-0710