Landlord's Agent in 2012
Pedro Hernandez
Engel & Voelkers West Palm Beach
(305) 761-2710
11 Total Sales
515 Bay Ln Key Biscayne, FL 33149
Estimated Value: $5,736,000 - $7,053,000
3
Beds
3
Baths
1,720
Sq Ft
$3,804/Sq Ft
Est. Value
Highlights
- No HOA
- Southeast Facing Home
- 3-minute walk to Harbor Drive Park
- Key Biscayne K-8 Center Rated A-
About This Home
As of February 2012This home is located at 515 Bay Ln, Key Biscayne, FL 33149 since 03 February 2012 and is currently priced at $6,543,452. This property was built in 1952. 515 Bay Ln 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 Rent the Property
Engel & Voelkers West Palm Beach License #3016980 Listed on: 02/03/2012
Last Renter's Agent
Engel & Voelkers West Palm Beach License #3016980 Listed on: 02/03/2012
Home Details
Home Type
- Single Family
Year Built
- Built in 1952
Lot Details
- 10,000 Sq Ft Lot
- Southeast Facing Home
- Property is zoned 1 /S FM
Home Design
- 1,720 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Community Details
- No Home Owners Association
- Tropical Isle Homes Sub 3 Subdivision
Listing and Financial Details
- Property Available on 2/3/12
- Assessor Parcel Number 24-42-32-005-0740
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 22, 2011
Sold by
The Grand One Llc
Bought by
Bay Lane Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,000
Outstanding Balance
$399,227
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$6,144,225
Purchase Details
Closed on
Jun 27, 2011
Sold by
Orozco Ginette and Orozco Jaime
Bought by
The Grand One Llc
Purchase Details
Closed on
May 18, 2007
Sold by
515 Bay Lane Llc
Bought by
Orozco Ginette
Purchase Details
Closed on
Aug 12, 2005
Sold by
Rae Benjamin G and Rae Mary Bowman
Bought by
515 Bay Lane Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
5.57%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 1, 2000
Sold by
Rae Mary B and Rae Benjamin G
Bought by
Khouri Roger and Leal-Khouri Susana
Purchase Details
Closed on
Jun 17, 1995
Sold by
I C I Inv L C
Bought by
Rae Mary Bowman
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.82%
Purchase Details
Closed on
Apr 20, 1995
Sold by
Alston Samuel F and Alston Clyde G
Bought by
I C I Inv L C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.82%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bay Lane Llc | $1,400,000 | Key Intl Title & Escrow Corp | |
| The Grand One Llc | $1,400,000 | Attorney | |
| Orozco Ginette | $1,155,000 | None Available | |
| 515 Bay Lane Llc | $1,900,000 | -- | |
| Khouri Roger | $730,000 | -- | |
| Rae Mary Bowman | $441,000 | -- | |
| I C I Inv L C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bay Lane Llc | $679,000 | |
| Previous Owner | 515 Bay Lane Llc | $1,155,000 | |
| Previous Owner | Khouri Roger | $88,000 | |
| Previous Owner | Khouri Roger | $584,000 | |
| Previous Owner | Rae Mary Bowman | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/03/2012 02/03/12 | Rented | $4,000 | -11.1% | -- |
| 02/03/2012 02/03/12 | For Rent | $4,500 | -- | -- |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $61,225 | $4,058,532 | $2,275,000 | $1,783,532 |
| 2024 | $62,334 | $3,815,605 | $2,012,500 | $1,803,105 |
| 2023 | $62,334 | $3,780,727 | $0 | $0 |
| 2022 | $55,757 | $3,437,025 | $1,544,375 | $1,892,650 |
| 2021 | $52,506 | $3,124,634 | $1,211,875 | $1,912,759 |
| 2020 | $49,747 | $3,011,304 | $1,078,437 | $1,932,867 |
| 2019 | $53,353 | $3,221,724 | $1,268,750 | $1,952,974 |
| 2018 | $51,948 | $3,241,832 | $1,268,750 | $1,973,082 |
| 2017 | $57,927 | $3,584,435 | $0 | $0 |
| 2016 | $57,022 | $3,330,922 | $0 | $0 |
| 2015 | $22,196 | $1,206,486 | $0 | $0 |
| 2014 | $20,339 | $1,096,806 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Pedro Hernandez
Map
Source: MIAMI REALTORS® MLS
MLS Number: A1601582
APN: 24-4232-005-0740
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