P
Seller's Agent in 2012
Pamela Ibarguen-Mann
Fortune Christie's Intl R.E.
(305) 856-2600
2 in this area
4 Total Sales
468 Bay Ln Key Biscayne, FL 33149
Estimated Value: $5,923,000 - $21,890,253
7
Beds
7.5
Baths
8,163
Sq Ft
$1,704/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Property Fronts a Bay or Harbor
- 24,100 Sq Ft lot
- Key Biscayne K-8 Center Rated A-
- Outdoor Pool
- 3-minute walk to Harbor Drive Park
About This Home
As of December 2012PALM BEACH MEETS KEY BISCAYNE IN THIS SPECTACULAR ELEGANT BEACH FRONT ESTATE OVERLOOKING ENTIRE MIAMI SKYLINE!. STUNNING SOUGHT AFTER TWO STORY, 8,163 SQFT DESIGNER FINISHED. 7BED 71/2 BATH W/EVERY POSSIBLE AMENITY. EXQUISITE POOL/SPA/PATIO AREA STEPS FRO M LAPPING WAVES OFF WHITE SANDY BEACH W/FULL CABANA. EXQUISITE, OPEN LIVING AREA ADJOINED BY WOOD PANELED DEN/LIBRARY W/FIREPLACE OVERLOOKING OPEN BAY AND MIAMI SKYLINE ALONG W/FORMAL DINING,GOURMET KITCHEN AND SUMPTUOUS FAMILY BEDROOMS.
Last Agent to Sell the Property
Fortune Christie's Intl R.E. License #0360342 Listed on: 06/27/2012
Last Buyer's Agent
Fortune Christie's Intl R.E. License #0360342 Listed on: 06/27/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $84,650
Year Built
- Built in 1992
Lot Details
- 0.55 Acre Lot
- Lot Dimensions are 100x241
- Property Fronts a Bay or Harbor
- West Facing Home
- Property is zoned 20/ESTAT
Parking
- 3 Car Attached Garage
- 2 Attached Carport Spaces
- Circular Driveway
- Open Parking
Home Design
- Substantially Remodeled
- Barrel Roof Shape
- Concrete Block And Stucco Construction
Interior Spaces
- 8,163 Sq Ft Home
- 2-Story Property
- Furniture Can Be Negotiated
- Built-In Features
- Vaulted Ceiling
- Chandelier To Be Replaced
- Drapes & Rods
- Entrance Foyer
- Family Room
- Formal Dining Room
- Den
- Storage Room
- Bay Views
- Fire and Smoke Detector
Kitchen
- Built-In Oven
- Electric Range
- Free-Standing Freezer
- Ice Maker
- Dishwasher
- Cooking Island
- Disposal
Flooring
- Carpet
- Marble
Bedrooms and Bathrooms
- 7 Bedrooms
- Primary Bedroom Upstairs
- Split Bedroom Floorplan
- Bidet
- Dual Sinks
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Pool
- Property has ocean access
- No Fixed Bridges
- Patio
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Septic Tank
- Satellite Dish
Community Details
- No Home Owners Association
- Tropical Isle Homes Resub Subdivision
Listing and Financial Details
- Assessor Parcel Number 24-42-32-007-0050
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2012
Closed on
Dec 14, 2012
Sold by
Mcmanus James R and Mcmanus Betty A
Bought by
468 Bay Lane Llc
Seller's Agent
Pamela Ibarguen-Mann
Fortune Christie's Intl R.E.
Buyer's Agent
Pamela Ibarguen-Mann
Fortune Christie's Intl R.E.
List Price
$15,000,000
Sold Price
$13,500,000
Premium/Discount to List
-$1,500,000
-10%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,627
Avg. Annual Appreciation
0.23%
Purchase Details
Closed on
Jul 2, 1998
Sold by
Excellent Place Inc
Bought by
Mcmanus James R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
7.1%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 468 Bay Lane Llc | $13,500,000 | Attorney | |
| Mcmanus James R | $3,500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mcmanus James R | $2,450,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/14/2012 12/14/12 | Sold | $13,500,000 | -10.0% | $1,654 / Sq Ft |
| 10/03/2012 10/03/12 | Pending | -- | -- | -- |
| 06/27/2012 06/27/12 | For Sale | $15,000,000 | -- | $1,838 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $196,327 | $13,640,000 | -- | -- |
| 2024 | $208,045 | $13,103,175 | -- | -- |
| 2023 | $208,045 | $11,911,978 | $0 | $0 |
| 2022 | $190,304 | $10,829,071 | $0 | $0 |
| 2021 | $185,746 | $10,637,880 | $0 | $0 |
| 2020 | $196,433 | $12,041,497 | $9,640,000 | $2,401,497 |
| 2019 | $187,082 | $12,074,390 | $9,640,000 | $2,434,390 |
| 2018 | $187,706 | $12,107,284 | $9,640,000 | $2,467,284 |
| 2017 | $208,205 | $12,887,276 | $0 | $0 |
| 2016 | $211,077 | $12,641,657 | $0 | $0 |
| 2015 | $194,943 | $11,492,416 | $0 | $0 |
| 2014 | $180,677 | $10,447,651 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Pamela Ibarguen-Mann
Map
Source: MIAMI REALTORS® MLS
MLS Number: A1658665
APN: 24-4232-007-0050
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