NOT LISTED FOR SALE

506 NW 87th Ave Unit 201 Miami, FL 33172

Fontainebleau East Neighborhood

Estimated Value: $234,671 - $265,000

1 Bed
1.5 Baths
839 Sq Ft
$199/mo HOA Fee

Last Sold March 07, 2023

Last sale price $219,000 $261 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,815/month

54 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Balcony
  • Clubhouse
  • Tennis Courts
  • Views

About This Home

As of March 2023

BEAUTIFUL SECOND FLOOR UNIT WITH LOT OF SPACE, WITH LAKE VIEW FROM THE BALCONY, UNIT HAS LAUNDRY INSIDE AND VERY WELL MAINTAINED. ASSOCIATION INCLUDES WATER.

Last Agent to Sell the Property

Gendry Lopez

Miami New Realty License #3318543 Listed on: 12/20/2022

Miami New Realty

Last Buyer's Agent

Laura Alonso

Florida Realty of Miami Corp License #3330256

Florida Realty of Miami Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,410

Year Built

  • Built in 1974

HOA Fees

  • $199 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Interior Spaces

  • 839 Sq Ft Home
  • 4-Story Property
  • Ceramic Tile Flooring
  • Property Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-40-04-025-0140

Community Details

Overview

  • Low-Rise Condominium
  • Fernwoods Condo No 2 Bldg Condos
  • Fernwoods Condo No 2 Bldg Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,410

Year Built

Built in 1974

Lot Details

0

HOA Fees

$199 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Directions: USE GPS.
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: FERNWOODS CONDO NO 2 BLDG
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 839
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Other, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: FERNWOODS CONDO NO 2 BLDG
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 199
  • Amenities: Clubhouse-Clubroom, Exercise Room, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-40-04-025-0140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 199

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2014
Sold by
Martinez Monica and Illescas Katerina A
Bought by
Martinez Monica and Illescas Katerina A
Current Estimated Value
$248,918

Purchase Details

Closed on
Jan 18, 2000
Sold by
Illescas Katerina A and Martinez Monica
Bought by
Martinez Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,700
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 1999
Sold by
Martinez Gladelmis M
Bought by
Martinez Monica and Illescas Katerina A

Purchase Details

Closed on
Jan 29, 1997
Sold by
Zamboca Luz M
Bought by
Martinez Gladelmis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,350
Interest Rate
7.77%
Mortgage Type
New Conventional
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
Martinez Monica -- Attorney
Martinez Monica $19,000 --
Martinez Monica $48,000 --
Martinez Gladelmis M $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Monica $287,000
Closed Martinez Gladelmis M $35,850
Closed Martinez Monica $35,850
Previous Owner Martinez Gladelmis M $43,700
Previous Owner Martinez Gladelmis M $50,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $219,000 0.0% $261 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/01/2023 02/01/23 Price Changed $219,000 -12.0% $261 / Sq Ft
01/09/2023 01/09/23 Price Changed $249,000 -4.2% $297 / Sq Ft
12/20/2022 12/20/22 For Sale $260,000 -- $310 / 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 $3,149 $195,109 -- --
2024 $2,752 $185,818 -- --
2023 $2,752 $152,345 $0 $0
2022 $2,410 $138,496 $0 $0
2021 $2,265 $125,906 $0 $0
2020 $2,021 $114,460 $0 $0
2019 $1,961 $118,000 $0 $0
2018 $1,708 $103,100 $0 $0
2017 $1,547 $87,508 $0 $0
2016 $1,460 $79,553 $0 $0
2015 $1,413 $72,321 $0 $0
2014 $1,288 $65,747 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gendry Lopez

    Seller's Agent in 2023

    Gendry Lopez

    Miami New Realty

    (305) 753-8521

    1 in this area

    42 Total Sales

    Gendry Lopez
    Section Image
  • Laura Alonso

    Buyer's Agent in 2023

    Laura Alonso

    Florida Realty of Miami

    (786) 385-2222

    1 in this area

    5 Total Sales

    Laura Alonso
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11317740

MIAMI REALTORS® MLS

APN: 30-4004-025-0140

Florida Miami/Dade County Miami 33172 Fontainebleau East

506 NW 87th Ave Unit 201, Miami, FL

This home is located at 506 NW 87th Ave Unit 201, Miami, FL 33172 since 20 December 2022 and is currently estimated at $248,918, approximately $296 per square foot. This property was built in 1974. 506 NW 87th Ave Unit 201 is a home located in Miami-Dade County with nearby schools including Charles R Hadley Elementary School, Ruben Dario Middle School, and Miami Coral Park 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