NOT LISTED FOR SALE

506 NW 87th Ave Unit 205 Miami, FL 33172

Fontainebleau East Neighborhood

Estimated Value: $276,000 - $345,000

2 Beds
2 Baths
1,194 Sq Ft
$244/mo HOA Fee

Last Sold December 17, 2014

Last sale price $138,000 $116 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,993/month

40 Days on Market

Highlights

  • Lake Front
  • Sauna
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Balcony

About This Home

As of December 2014

Great opportunity to own a spacious 2 bedroom/2 bath condo with lake view at Fernwoods II in the Fontainebleau Area . Tile floors throughout, large open balcony with beautiful lake view, washer and dryer hook ups inside unit. Ample parking. Centrally l ocated near Miami International Airport, major highways (826, 836 and Turnpike), schools, restaurants and shopping (Dolphin Mall & International Mall). Easy to show. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Debbie Bahamon

Synergy International Realty, Inc. License #3054881 Listed on: 10/09/2014

Synergy International Realty, Inc.

Last Buyer's Agent

Mayra Alvarez

Avanti Way Realty LLC License #0505792

Avanti Way Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $553

Year Built

  • Built in 1974

HOA Fees

  • $244 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,194 Sq Ft Home
  • 4-Story Property
  • Tile Flooring
  • Lake Views
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-40-04-025-0180

Community Details

Overview

  • Low-Rise Condominium
  • Fernwood Ii Condos

Amenities

  • Sauna
  • Trash Chute
  • Community Storage Space

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$553

Year Built

Built in 1974

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Directions: EXPRESSWAY 836 TO NW 87 AVE. SOUTH TO PROPERTY.
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 20

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1194
  • Possible Use: Primary
  • Stories: 4
  • Window Features: Hurricane Shutters
  • Bedroom Features: Other

Exterior Features

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

Garage/Parking

  • Park Building Name: FERNWOOD II
  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 244
  • Amenities: Elevator(s), Exercise Room, Storage, Pool, Sauna, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-40-04-025-0180
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 244

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 553

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2014
Closed on
Dec 17, 2014
Sold by
Fannie Mae
Bought by
Prias Gloria
Seller's Agent
Debbie Bahamon
Synergy International Realty, Inc.
Buyer's Agent
Mayra Alvarez
Avanti Way Realty LLC
List Price
$145,900
Sold Price
$138,000
Premium/Discount to List
-$7,900
-5.41%
Current Estimated Value
$293,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,599
Avg. Annual Appreciation
7.39%

Purchase Details

Listed on
Oct 9, 2014
Closed on
Oct 31, 2014
Sold by
Maldonado Annette
Bought by
Federal National Mortgage Association
Seller's Agent
Debbie Bahamon
Synergy International Realty, Inc.
Buyer's Agent
Mayra Alvarez
Avanti Way Realty LLC
List Price
$145,900
Sold Price
$138,000
Premium/Discount to List
-$7,900
-5.41%

Purchase Details

Closed on
Apr 11, 2007
Sold by
Cabrera Silvia and Gonzalez Zoe C
Bought by
Maldonado Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 9, 2005
Sold by
Cabrera Silvia
Bought by
Cabrera Silvia and Gonzalez Zoe C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Prias Gloria $138,000 Attorney
Federal National Mortgage Association $98,100 None Available
Maldonado Annette $205,000 All American Title Group Inc
Cabrera Silvia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maldonado Annette $205,000
Previous Owner Cabrera Silvia $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2014 12/17/14 Sold $138,000 -3.4% $116 / Sq Ft
11/19/2014 11/19/14 Pending -- -- --
11/10/2014 11/10/14 Price Changed $142,900 -2.1% $120 / Sq Ft
10/09/2014 10/09/14 For Sale $145,900 -- $122 / 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 $1,696 $144,382 -- --
2024 $1,638 $140,313 -- --
2023 $1,638 $136,227 $0 $0
2022 $1,567 $132,260 $0 $0
2021 $1,556 $128,408 $0 $0
2020 $1,531 $126,636 $0 $0
2019 $1,485 $123,789 $0 $0
2018 $1,402 $121,481 $0 $0
2017 $1,383 $118,983 $0 $0
2016 $1,376 $116,650 $0 $0
2015 $1,407 $116,650 $0 $0
2014 $562 $62,018 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debbie Bahamon

    Seller's Agent in 2014

    Debbie Bahamon

    Synergy International Realty, Inc.

    (305) 804-2948

    4 Total Sales

    Section Image
  • Mayra Alvarez

    Buyer's Agent in 2014

    Mayra Alvarez

    Avanti Way Realty LLC

    (305) 216-4636

    1 in this area

    5 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2017548

MIAMI REALTORS® MLS

APN: 30-4004-025-0180

Florida Miami/Dade County Miami 33172 Fontainebleau East

506 NW 87th Ave Unit 205, Miami, FL

This home is located at 506 NW 87th Ave Unit 205, Miami, FL 33172 since 09 October 2014 and is currently estimated at $303,044, approximately $253 per square foot. This property was built in 1974. 506 NW 87th Ave Unit 205 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.

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