NOT LISTED FOR SALE

Estimated Value: $2,975,234 - $4,756,000

5 Beds
4 Baths
2,600 Sq Ft
$1,454/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $2,050,000 $788 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $23,216/month

Highlights

  • Newly Remodeled
  • In Ground Pool
  • Main Floor Primary Bedroom
  • Key Biscayne K-8 Center Rated A-
  • Marble Flooring
  • 3-minute walk to Paradise Park

About This Home

As of May 2014

This home is located at 512 Glenridge Rd, Key Biscayne, FL 33149 since 08 March 2014 and is currently estimated at $3,781,059, approximately $1,454 per square foot. This property was built in 1992. 512 Glenridge Rd 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.

Last Agent to Sell the Property

Rosa Calero

One Sotheby's International Realty License #3069293 Listed on: 03/08/2014

One Sotheby's International Realty

Last Buyer's Agent

Adriana Vollmer-Aguilar

Coldwell Banker Realty License #3013156

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,988

Year Built

  • Built in 1992 | Newly Remodeled

Lot Details

  • 7,690 Sq Ft Lot
  • Lot Dimensions are 76x100
  • East Facing Home
  • Fenced
  • Property is zoned 1 /S FM

Parking

  • 3 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Mediterranean Architecture
  • Elevated Home
  • Tile Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • Built-In Features
  • Family Room
  • Marble Flooring
  • Dryer
  • Property Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • 4 Full Bathrooms

Pool

  • In Ground Pool

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Tropical Isle Homes Sub 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-004-1090

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,988

Year Built

Built in 1992 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Mediterranean
  • Garage Yn: Yes
  • Horses: No
  • Lot Size: 76x100
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB 1
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator
  • Interior Amenities: Built-in Features, Closet Cabinetry, Walk-In Closet(s), Family Room
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2600
  • Possible Use: Primary
  • Bedroom Features: Primary Bedroom Ground Level
  • Living Room Features: Family Room

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Other
  • Construction Type: Elevated Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: TROPICAL ISLE HOMES SUB 1
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None, Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-42-32-004-1090
  • Lot Size Sq Ft: 7690
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2014
Closed on
May 19, 2014
Sold by
Rndc Holdings Llc
Bought by
Patron Alberto J Franceschi Rizo and Maggio Maria Veronica
Seller's Agent
Rosa Calero
One Sotheby's International Realty
Buyer's Agent
Adriana Vollmer-Aguilar
Coldwell Banker Realty
List Price
$2,290,000
Sold Price
$2,050,000
Premium/Discount to List
-$240,000
-10.48%
Current Estimated Value
$3,781,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,731,059
Avg. Annual Appreciation
4.46%
Original Mortgage
$1,435,000
Interest Rate
3.82%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 2, 2007
Sold by
South Bay Developers Xv Llc
Bought by
Rndc Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 1, 2007
Sold by
Mejia Carlos F and Mejia Alejandrina Salaverria
Bought by
South Bay Developers Xv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
6.22%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 21, 1997
Sold by
Juan and Paz Bettina M
Bought by
Sapetnitzky Claudio and Batlle-Sapetni Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
7.86%
Mortgage Type
New Conventional
Source: Public Records

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
Patron Alberto J Franceschi Rizo $2,050,000 Attorney
Rndc Holdings Llc $1,800,000 Attorney
South Bay Developers Xv Llc $880,000 Attorney
Sapetnitzky Claudio $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patron Alberto J Franceschi $4,200,000
Closed Patron Alberto J Franceschi Rizo $1,435,000
Previous Owner Rndc Holdings Llc $125,000
Previous Owner Rndc Holdings Llc $350,000
Previous Owner Rndc Holdings Llc $1,350,000
Previous Owner South Bay Developers Xv Llc $1,700,000
Previous Owner Mejia Carlos $408,500
Previous Owner Sapetnitzky Claudio $100,000
Previous Owner Sapetnitzky Claudio $434,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $2,050,000 -10.5% $788 / Sq Ft
03/08/2014 03/08/14 Pending -- -- --
03/08/2014 03/08/14 For Sale $2,290,000 -- $881 / 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 $38,988 $2,205,964 -- --
2024 $39,558 $2,143,794 $1,768,700 $375,094
2023 $39,558 $2,146,551 $1,768,700 $377,851
2022 $31,027 $1,489,420 $0 $0
2021 $23,384 $1,354,019 $1,065,065 $288,954
2020 $20,529 $1,240,731 $947,792 $292,939
2019 $23,414 $1,411,974 $1,115,050 $296,924
2018 $22,721 $1,415,960 $1,115,050 $300,910
2017 $27,440 $1,696,921 $0 $0
2016 $28,160 $1,700,831 $0 $0
2015 $26,479 $1,565,080 $0 $0
2014 $27,490 $1,546,535 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1918329

MIAMI REALTORS® MLS

APN: 24-4232-004-1090