NOT LISTED FOR SALE

Estimated Value: $3,395,609 - $4,081,000

4 Beds
4 Baths
2,927 Sq Ft
$1,265/Sq Ft Est. Value

Last Sold November 13, 2018

Last sale price $2,200,000 $752 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $22,658/month

171 Days on Market

Highlights

  • Property has ocean access
  • Boating
  • Sitting Area In Primary Bedroom
  • Key Biscayne K-8 Center Rated A-
  • In Ground Pool
  • 4-minute walk to Harbor Drive Park

About This Home

As of November 2018

Have-it-all with this family home completely remodeled in 2015 to best of taste! Optimal floor plan with spacious living area and 4 en-suite bedrooms (2,900 plus square feet). The expansive great room opens to the dining and kitchen areas. The kitchen has custom wood cabinets, walk-in pantry, and a large quartz island. Natural light abounds with vaulted ceilings, impact glass windows and porcelain floors. Enjoy a beautiful backyard oasis that includes a saltwater pool, heated outdoor privacy shower, and patio areas surrounded by landscape lighting. This stunning home includes separate laundry room, extra storage, on demand hot water heater, 2 zoned AC systems, and Beach Club membership. House has hardwired home security system. And is on a tranquil, low traffic street.

Last Listed By

Joan McCaughan

Coldwell Banker Realty License #0087421 Listed on: 04/23/2018

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,183

Year Built

  • Built in 1951

Lot Details

  • Waterfront
  • West Facing Home
  • Fenced
  • Property is zoned 0100

Property Views

  • Garden
  • Pool

Home Design

  • Elevated Home
  • Aluminum Roof

Interior Spaces

  • 2,927 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family or Dining Combination
  • Storage Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • High Impact Windows
  • High Impact Door

Parking

  • Driveway
  • Paver Block
  • Open Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Patio
  • Exterior Lighting

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-004-0040

Community Details

Overview

  • No Home Owners Association
  • Tropical Isle Homes Sub 4,Key Biscayne Subdivision

Amenities

  • Courtesy Bus

Recreation

  • Boating
  • Beach Club Membership Available
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,183

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB 4,KEY BISCAYNE
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Entrance Foyer, French Doors, Laundry Tub, Pantry, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Great Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 2927
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Family/Dining Combination
  • Living Room Features: Great Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Aluminum
  • View: Garden, Pool
  • Exterior Features: Lighting, Outdoor Shower
  • Construction Type: Elevated Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: TROPICAL ISLE HOMES SUB 4
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Heat Pump/Reverse Cycle
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Beach Club Member Available, Boating, Courtesy Bus, Pool

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-004-0040
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 24183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
Nov 21, 2018
Sold by
Rafferty John and Rafferty Heather
Bought by
Back Philipp Rusch and Rusch Elizabeth Costa De
Seller's Agent
Joan McCaughan
Coldwell Banker Realty
Buyer's Agent
Elizabeth Costa De Rusch
MMLS Assoc.-Inactive Member
List Price
$2,290,000
Sold Price
$2,200,000
Premium/Discount to List
-$90,000
-3.93%
Total Days on Market
171
Current Estimated Value
$3,701,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,501,902
Avg. Annual Appreciation
7.40%
Original Mortgage
$1,760,000
Interest Rate
6.74%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 19, 2013
Closed on
May 30, 2013
Sold by
Reilly Cecilia G O
Bought by
Rafferty John and Rafferty Heather
Seller's Agent
Martha Blanco-Herrera
MMLS Assoc.-Inactive Member
Buyer's Agent
Claudine Coto
One Sotheby's International Realty
List Price
$1,665,000
Sold Price
$1,610,000
Premium/Discount to List
-$55,000
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$900,000
Interest Rate
3.42%
Mortgage Type
New Conventional

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
Back Philipp Rusch $2,200,000 Attorney
Rafferty John $1,610,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Back Philipp Rusch $462,900
Open Back Philipp Sebastian Rusch $1,785,000
Closed Back Philipp Rusch $1,760,000
Previous Owner Rafferty John $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $2,200,000 -3.9% $752 / Sq Ft
10/11/2018 10/11/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $2,290,000 0.0% $782 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
07/17/2018 07/17/18 Price Changed $2,290,000 -6.5% $782 / Sq Ft
04/23/2018 04/23/18 For Sale $2,450,000 +52.2% $837 / Sq Ft
05/30/2013 05/30/13 Sold $1,610,000 -3.3% $571 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $1,665,000 -- $590 / 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 $24,425 $1,530,410 -- --
2023 $24,425 $1,485,835 $0 $0
2022 $23,448 $1,442,559 $0 $0
2021 $23,503 $1,400,543 $0 $0
2020 $22,202 $1,381,207 $939,412 $441,795
2019 $25,736 $1,552,222 $1,105,190 $447,032
2018 $21,359 $1,370,361 $1,105,190 $265,171
2017 $24,183 $1,534,425 $0 $0
2016 $24,243 $1,502,865 $0 $0
2015 $24,597 $1,492,419 $0 $0
2014 $23,141 $1,336,156 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10456851

MIAMI REALTORS® MLS

APN: 24-4232-004-0040