NOT LISTED FOR SALE

515 Ridgewood Rd Key Biscayne, FL 33149

Estimated Value: $4,548,957 - $7,021,000

5 Beds
5.5 Baths
3,525 Sq Ft
$1,529/Sq Ft Est. Value

Last Sold February 15, 2013

Last sale price $2,500,000 $709 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $30,975/month

532 Days on Market

Highlights

  • Above Ground Pool
  • Maid or Guest Quarters
  • Marble Flooring
  • Key Biscayne K-8 Center Rated A-
  • Deck
  • Main Floor Bedroom

About This Home

As of February 2013

Amazing new construction in Key Biscayne with previous building code approval. Cool, contemporary finishes in public spaces are in contrast to warm, familiar materials in private areas to achieve a balance between stylish and traditional and never forgett ing that this is a place for family. The overall layout is open, practical, efficient and full of light. All rooms are generous in size and feature liberal amounts of glass to enjoy Key Biscayne's luscious landscape and celebrated sunlight.

Last Agent to Sell the Property

Rosa Calero

One Sotheby's International Realty License #3069293 Listed on: 07/26/2011

One Sotheby's International Realty

Last Buyer's Agent

Rosa Calero

One Sotheby's International Realty License #3069293 Listed on: 07/26/2011

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,973

Year Built

  • Built in 2012 | Under Construction

Lot Details

  • 7,661 Sq Ft Lot
  • Lot Dimensions are 76x100
  • West Facing Home
  • Fenced
  • Property is zoned 1 /S FM

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,525 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Family Room
  • Storage Room
  • High Impact Door
  • Property Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 2 Attached Carport Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Above Ground Pool
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-004-0680

Community Details

Overview

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

Recreation

  • Beach Club Membership Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,973

Year Built

Built in 2012 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2012
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Horses: No
  • Lot Size: 76x100
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB 1
  • Year Built Details: Under Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 2500000
  • InternetRemarks: Cool, contemporary finishes in public spaces are in contrast to warm, familiar materials in private areas to achieve a balance between stylish and tra
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), Family Room, Great Room, Maid/In-Law Quarters, Storage, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Concrete, Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3525
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Living Room Features: Family Room, Great Room, Maid/In-Law Quarters, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Flat Tile
  • View: Other
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: Concrete Block Construction, CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony, Open Porch, Patio
  • Pool Features: Above Ground
  • Pool Private: No
  • Property Condition: Under Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ISLE HOMES SUB 1
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway, Covered

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Beach Club Member Available

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-42-32-004-0680
  • Lot Size Sq Ft: 7661
  • Zoning: 1 /S FM

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 13973

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2011
Closed on
Feb 15, 2013
Sold by
South Bay Developers Xvii Llc
Bought by
Kolychkine Pedro
Seller's Agent
Rosa Calero
One Sotheby's International Realty
Buyer's Agent
Rosa Calero
One Sotheby's International Realty
List Price
$2,700,000
Sold Price
$2,500,000
Premium/Discount to List
-$200,000
-7.41%
Current Estimated Value
$5,388,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,888,989
Avg. Annual Appreciation
6.14%
Original Mortgage
$2,000,000
Outstanding Balance
$1,399,403
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$3,989,586

Purchase Details

Closed on
Apr 5, 2005
Sold by
Tatish Corp
Bought by
South Bay Developers Xvii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
9.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 2003
Sold by
Pocoscuates Corp
Bought by
Tatish Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 26, 1998
Sold by
Delcampo Adriana Del
Bought by
Pocoscuates Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,350
Interest Rate
7.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kolychkine Pedro $2,500,000 Florida Law Title & Trust Pl
South Bay Developers Xvii Llc $875,000 --
Tatish Corp $750,000 --
Pocoscuates Corp $383,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolychkine Pedro $2,000,000
Previous Owner South Bay Developers Xvii Llc $650,000
Previous Owner Tatish Corp $375,000
Previous Owner Pocoscuates Corp $287,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2013 02/15/13 Sold $2,500,000 -7.4% $709 / Sq Ft
01/09/2013 01/09/13 Pending -- -- --
07/26/2011 07/26/11 For Sale $2,700,000 -- $766 / 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 $33,886 $2,167,374 -- --
2024 $33,430 $2,106,292 -- --
2023 $33,430 $2,044,944 $0 $0
2022 $32,075 $1,985,383 $0 $0
2021 $32,176 $1,927,557 $0 $0
2020 $30,783 $1,900,944 $944,218 $956,726
2019 $33,788 $2,077,856 $1,110,845 $967,011
2018 $32,676 $2,076,953 $0 $0
2017 $32,257 $2,034,235 $0 $0
2016 $32,338 $1,992,395 $0 $0
2015 $32,813 $1,978,546 $0 $0
2014 $33,314 $1,962,844 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1531490

MIAMI REALTORS® MLS

APN: 24-4232-004-0680