NOT LISTED FOR SALE

489 Coral Way Unit A1 Coral Gables, FL 33134

Coral Gables Section Neighborhood

Estimated Value: $844,000 - $1,152,000

3 Beds
2.5 Baths
1,750 Sq Ft
$565/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $635,000 $363 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,753/month

35 Days on Market

Highlights

  • Senior Community
  • Wood Flooring
  • Furnished
  • Vaulted Ceiling
  • Garden View
  • 4-minute walk to Merrick Park

About This Home

As of October 2018

LOCATED IN THE "HEART" OF CORAL GABLES IN THE GATED COMMUNITY GABLES PLACE. THIS STUNNING 2-STORY TOWNHOME IS WALKING DISTANCE FROM THE EXCITEMENT OF MIRACLE MILE & JUST ONE BLOCK FROM THE GRANDAA GOLF COURSE. NICELY RENOVATED KITCHEN WITH CERAMIC TILE FLOORS, FRESHLY PAINTED, HIGH CEILINGS ON BOTH LEVELS, WOOD FLOORS THROUGH OUT THE UNIT, DINING ROOM, FAMILY ROOM WITH SLIDING DOORS, EXTRA LARGE BRICK PATIO;2 PARKING SPACES WITHIN STEPS OF THE FRONT DOOR! PERFECT FOR BBQ'S AND GARDENING, - WALK TO DOWNTOWN CORAL GABLES' WITH 250 RESTAURANTS, BUSINESSES, SHOPS & TROLLEY

Last Agent to Sell the Property

Angel Nicolas

Compass Florida, LLC. License #3371634 Listed on: 07/09/2018

Compass Florida, LLC.

Last Buyer's Agent

Diana Caldera

Coldwell Banker Realty License #3275839

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,142

Year Built

  • Built in 1996

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,750 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Thermal Windows
  • Drapes & Rods
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Fence, Lighting or Alarms

Schools

  • Sunset Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Additional Features

  • Patio
  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-080-0010

Community Details

Overview

  • Senior Community
  • 15 Units
  • Gables Place Condos
  • Gables Place Condo,Gables Place Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Phone Entry
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,142

Year Built

Built in 1996

Lot Details

0

HOA Fees

$545 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Directions: TAKE LE JEUNE RD (SW 42 AVE) TO CORAL WAY. TURN WEST AND TRAVEL 1 BLOCK TO THE GATED COMMUNITY ("GABLES PLACE") ON THE NORTH SIDE OF THE STREET, ACROSS FROM CORAL GABLES' CITY HALL.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse, Condo
  • Subdivision Name: GABLES PLACE CONDO,GABLES PLACE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Volume Ceilings, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Furnished: Furnished, Unfurnished
  • Living Area: 1750
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Drapes, Thermal Windows
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Eat-In Kitchen
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Garden View
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: GABLES PLACE
  • Parking Features: Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Owned Burglar Alarm, Phone Entry, Fire Alarm, Unit Alarm

Condo/Co-op/Association

  • Association Fee: 1635
  • Amenities: Exterior Lighting
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Sunset
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 03-41-08-080-0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1635
  • Number Of Units In Community: 15
  • Number Of Units Total: 15

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 5142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Sep 27, 2018
Sold by
Alamoudi Kareem Mohammed H and Alamoudi Hanan Ahmed H
Bought by
Palmero Veronica and Cupello Enrique
Seller's Agent
Angel Nicolas
Compass Florida, LLC.
Buyer's Agent
Diana Caldera
Coldwell Banker Realty
List Price
$655,000
Sold Price
$635,000
Premium/Discount to List
-$20,000
-3.05%
Current Estimated Value
$1,006,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,942
Avg. Annual Appreciation
7.37%
Original Mortgage
$603,250
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 7, 2014
Closed on
Jul 31, 2014
Sold by
Flynt John and Flynt Jocelyn
Bought by
Alamoudi Kareem Mohammed H and Alamoudi Hanan Ahmed H
Seller's Agent
James Gillis
Palm Shores Realty
Buyer's Agent
Saad Hamdan
Brown Harris Stevens
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Dec 28, 2005
Sold by
Centracchio Jani and Centracchio Pasquale
Bought by
Flynt John and Flynt Jocelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 12, 2001
Sold by
Andre J Zamorano I
Bought by
Centracchio Pasquale and Centracchio Jani L

Purchase Details

Closed on
Sep 1, 1999
Sold by
Zamorano Hugo
Bought by
Zamorano Andre

Purchase Details

Closed on
Sep 30, 1997
Sold by
Gables Place Inc
Bought by
Zamorano Hugo
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Palmero Veronica $635,000 Clear Title Services Inc
Alamoudi Kareem Mohammed H $575,000 Clear Title Services Inc
Flynt John $575,000 Miami Legal Title & Mediatio
Centracchio Pasquale $334,000 --
Zamorano Andre $250,000 --
Zamorano Hugo $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmero Veronica $593,750
Closed Palmero Veronica $603,250
Previous Owner Flynt John $284,275
Previous Owner Flynt John $311,000
Previous Owner Flynt John $250,000
Previous Owner Centracchio Pasquale $236,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $635,000 -3.1% $363 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $655,000 +13.9% $374 / Sq Ft
07/31/2014 07/31/14 Sold $575,000 -4.0% $329 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $599,000 -- $342 / 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 $8,342 $509,753 -- --
2024 $8,127 $495,387 -- --
2023 $8,127 $480,959 $0 $0
2022 $7,864 $466,951 $0 $0
2021 $7,835 $453,351 $0 $0
2020 $9,304 $447,092 $0 $0
2019 $8,743 $499,065 $0 $0
2018 $8,851 $475,300 $0 $0
2017 $8,964 $475,300 $0 $0
2016 $9,146 $475,300 $0 $0
2015 $9,319 $475,300 $0 $0
2014 $5,239 $299,953 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Angel Nicolas

    Seller's Agent in 2018

    Angel Nicolas

    Compass Florida, LLC.

    (305) 336-0916

    1 in this area

    75 Total Sales

    Section Image
  • Diana Caldera

    Buyer's Agent in 2018

    Diana Caldera

    Coldwell Banker Realty

    (305) 333-6446

    6 Total Sales

    Section Image

  • J

    Seller's Agent in 2014

    James Gillis

    Palm Shores Realty

    (305) 283-9179

    32 Total Sales

    Section Image
  • Saad Hamdan

    Buyer's Agent in 2014

    Saad Hamdan

    Brown Harris Stevens

    (305) 666-1800

    5 Total Sales

    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10499388

MIAMI REALTORS® MLS

APN: 03-4108-080-0010

Florida Miami/Dade County Coral Gables 33134 Coral Gables Section

489 Coral Way Unit A1, Coral Gables, FL

This home is located at 489 Coral Way Unit A1, Coral Gables, FL 33134 since 09 July 2018 and is currently estimated at $988,126, approximately $564 per square foot. This property was built in 1996. 489 Coral Way Unit A1 is a home located in Miami-Dade County with nearby schools including Coral Gables Preparatory Academy, 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.

Nearby Homes