NOT LISTED FOR SALE

470 Palmwood Ln Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $3,774,439 - $6,084,000

4 Beds
3 Baths
2,740 Sq Ft
$1,736/Sq Ft Est. Value

Last Sold November 26, 2013

Last sale price $2,200,000 $803 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $25,791/month

209 Days on Market

Highlights

  • In Ground Pool
  • Marble Flooring
  • Jetted Tub in Primary Bathroom
  • Key Biscayne K-8 Center Rated A-
  • Main Floor Primary Bedroom
  • Sun or Florida Room

About This Home

As of November 2013

*****12,815 SQ FT*****Finally on the market! 2740 sq ft home sits on this oversized 12,815 sq ft (per survey) elevated lot.Remodeling and addition done in 2000.This house has plenty of light, remodeled bathrooms & kitchen,4/3 with a private master sui te,office,laundry room,formal dining,living room and a very large family/Florida room with large picture windows and french doors that lead to a covered back porch and to this amazing back yard and pool,with waterfall and spa.It has impact windows.

Last Agent to Sell the Property

Rosario Keif

Coldwell Banker Realty License #0327560 Listed on: 04/22/2013

Coldwell Banker Realty

Last Buyer's Agent

Cristina Murciano

One Sotheby's International Realty License #3185452

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,441

Year Built

  • Built in 1952

Lot Details

  • 0.29 Acre Lot
  • East Facing Home
  • Fenced
  • Property is zoned 1 /S FM

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,740 Sq Ft Home
  • 2-Story Property
  • French Doors
  • Formal Dining Room
  • Sun or Florida Room
  • Marble Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Tropical Isle Homes Sub 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-005-0150

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,441

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB 3
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, French Doors, Walk-In Closet(s), Florida Room, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2740
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Florida Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Whirlpool/Spa

Exterior Features

  • Roof: Other
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Other Lot Description
  • Patio And Porch Features: Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ISLE HOMES SUB 3
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Detached Carport, Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-42-32-005-0150
  • Lot Size Sq Ft: 12815
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2009
  • Tax Annual Amount: 14441

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2013
Closed on
Nov 25, 2013
Sold by
Arnhols William C and Arnhols Linda L
Bought by
Fonseca Juan Fernando and Posada Juliana
Seller's Agent
Rosario Keif
Coldwell Banker Realty
Buyer's Agent
Cristina Murciano
One Sotheby's International Realty
List Price
$2,400,000
Sold Price
$2,200,000
Premium/Discount to List
-$200,000
-8.33%
Current Estimated Value
$4,299,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,099,660
Avg. Annual Appreciation
5.45%
Original Mortgage
$1,760,000
Outstanding Balance
$1,299,431
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,798,235

Purchase Details

Closed on
Sep 24, 2002
Sold by
Alejandro N Selasco I
Bought by
Arnhols Wiliam C and Arnhols Linda L

Purchase Details

Closed on
Jul 30, 1999
Sold by
Selasco Alejandro N and Diaz Maria L
Bought by
Selasco Alejandro N and Diaz Maria L

Purchase Details

Closed on
Aug 31, 1998
Sold by
Ward Claire C
Bought by
Selasco Alejandro N
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
Fonseca Juan Fernando $2,200,000 Attorney
Arnhols Wiliam C $1,150,000 --
Selasco Alejandro N $100 --
Selasco Alejandro N $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fonseca Juan Fernando $1,760,000
Previous Owner Arnhols William C $300,000
Previous Owner Arnhols William C $200,000
Previous Owner Selasco Alejandro N $225,000
Previous Owner Selasco Alejandro N $100,000
Previous Owner Selasco Alejandro N $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2013 11/26/13 Sold $2,200,000 -8.3% $803 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
10/24/2013 10/24/13 For Sale $2,400,000 +9.1% $876 / Sq Ft
10/23/2013 10/23/13 Off Market $2,200,000 -- --
04/22/2013 04/22/13 For Sale $2,400,000 -- $876 / 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 $26,996 $1,718,153 -- --
2024 $26,636 $1,669,731 -- --
2023 $26,636 $1,621,099 $0 $0
2022 $25,505 $1,573,883 $0 $0
2021 $25,571 $1,528,042 $0 $0
2020 $24,248 $1,506,945 $1,141,295 $365,650
2019 $27,715 $1,712,806 $1,342,700 $370,106
2018 $26,885 $1,717,264 $1,342,700 $374,564
2017 $30,131 $1,903,659 $0 $0
2016 $30,187 $1,864,505 $0 $0
2015 $30,636 $1,851,545 $0 $0
2014 $28,719 $1,660,649 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rosario Keif

    Coldwell Banker Realty

    (305) 361-3440

    5 in this area

    6 Total Sales

    Section Image

  • C

    Buyer's Agent in 2013

    Cristina Murciano

    One Sotheby's International Realty

    (305) 365-2811

    1 in this area

    2 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1777637

MIAMI REALTORS® MLS

APN: 24-4232-005-0150

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

470 Palmwood Ln, Key Biscayne, FL

This home is located at 470 Palmwood Ln, Key Biscayne, FL 33149 since 22 April 2013 and is currently estimated at $4,755,860, approximately $1,735 per square foot. This property was built in 1952. 470 Palmwood Ln 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.

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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