Seller's Agent in 2020
Jeri Jenkins
Coldwell Banker Realty
(305) 785-0002
1 in this area
38 Total Sales
525 Melaleuca Ln Miami, FL 33137
Upper East Side South NeighborhoodEstimated Value: $7,072,815 - $7,939,000
5
Beds
5.5
Baths
4,411
Sq Ft
$1,682/Sq Ft
Est. Value
Highlights
- New Construction
- Gated Community
- Main Floor Bedroom
- In Ground Pool
- Marble Flooring
- Garden View
About This Home
As of January 2020Hello gorgeous! Sleek and sculptural home of today. This sexy never lived in new construction combines modern minded spaces with approachable warmth. Setback from the street you have a grand approach and a huge backyard. With approximately 20,000 SF of land you have plenty of room for pool parties and barbeques. The dramatic 2-story foyer entry with double sweeping staircase sets the tone. Beautiful Mia Cucina kitchen, several outdoor patio spaces, two-car garage, and double master up are just a few of the luxuries offered. Located in exclusive Bay Point, security is paramount. This lush, leafy community owns their own streets. Just minutes to the Design District, Wynwood, Midtown and the heart of Miami Beach.
Last Agent to Sell the Property
Coldwell Banker Realty License #0315440 Listed on: 08/13/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $50,464
Year Built
- Built in 2019 | New Construction
Lot Details
- 0.44 Acre Lot
- South Facing Home
- Fenced
- Oversized Lot
- Irregular Lot
- Property is zoned 0100
HOA Fees
- $267 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
- Driveway
- Open Parking
Home Design
- Flat Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 4,411 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Great Room
- Family Room
- Formal Dining Room
- Garden Views
Kitchen
- Built-In Oven
- Electric Range
- Microwave
- Dishwasher
- Cooking Island
- Snack Bar or Counter
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Upstairs
- Walk-In Closet
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Home Security
- Impact Glass
- High Impact Door
Outdoor Features
- In Ground Pool
- Balcony
- Patio
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 01-32-19-008-0990
Community Details
Overview
- Bay Point Subdivision
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2019
Closed on
Jan 31, 2020
Sold by
Melaleuca Subdivision Project Llc
Bought by
Johnson Bankole A
Seller's Agent
Jeri Jenkins
Coldwell Banker Realty
Buyer's Agent
Agata Munoz
Miami Views Realty
List Price
$4,350,000
Sold Price
$3,775,000
Premium/Discount to List
-$575,000
-13.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,645,954
Avg. Annual Appreciation
12.88%
Original Mortgage
$3,197,700
Interest Rate
6.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 22, 2010
Sold by
Aurora Loan Services Llc
Bought by
Melaleuca Subdivision Project Llc
Purchase Details
Closed on
Oct 8, 2010
Sold by
Deutsche Bank Trust Company Americas
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Jul 23, 2010
Sold by
Kazerouni Kamyab
Bought by
Deutsche Bank Trust Company Americas
Purchase Details
Closed on
Aug 10, 2004
Sold by
Cok Igor A and Cok Leo
Bought by
Kazerouni Kamyab and Ilkhan Omid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 2, 2001
Sold by
F & B Investments Llc
Bought by
Cok Igor and Cok Leo
Purchase Details
Closed on
Jun 28, 1994
Sold by
Ridings Marguerite and Insco John Robert
Bought by
Sablon Rolando F and Sablon Ingrid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
8.51%
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 |
|---|---|---|---|
| Johnson Bankole A | $3,775,000 | Venetian Title Services Inc | |
| Melaleuca Subdivision Project Llc | $620,000 | American Home Title Of Tampa | |
| Aurora Loan Services Llc | -- | American Home Title Of Tampa | |
| Deutsche Bank Trust Company Americas | $560,100 | None Available | |
| Kazerouni Kamyab | $1,000,000 | -- | |
| Cok Igor | $590,000 | -- | |
| F & B Investments Llc | $100 | -- | |
| Sablon Rolando F | $350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnson Bankole A | $2,275,000 | |
| Open | Johnson Bankole A | $4,000,000 | |
| Closed | Johnson Bankole A | $2,275,000 | |
| Closed | Johnson Bankole A | $3,197,700 | |
| Previous Owner | F & B Investments Llc | $10,000,000 | |
| Previous Owner | Kazerouni Kamyab | $220,000 | |
| Previous Owner | Kazerouni Kamyab | $1,000,000 | |
| Previous Owner | Kazerouni Kamyab | $800,000 | |
| Previous Owner | F & B Investments Llc | $600,000 | |
| Previous Owner | Sablon Rolando F | $203,200 | |
| Closed | Kazerouni Kamyab | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2020 01/31/20 | Sold | $3,775,000 | -13.2% | $856 / Sq Ft |
| 12/27/2019 12/27/19 | For Sale | $4,350,000 | 0.0% | $986 / Sq Ft |
| 11/24/2019 11/24/19 | Pending | -- | -- | -- |
| 08/13/2019 08/13/19 | For Sale | $4,350,000 | -- | $986 / Sq Ft |
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 | $62,245 | $3,220,638 | -- | -- |
| 2024 | $61,605 | $3,129,872 | -- | -- |
| 2023 | $61,605 | $3,038,711 | $0 | $0 |
| 2022 | $59,953 | $2,950,205 | $0 | $0 |
| 2021 | $59,969 | $2,864,277 | $1,465,970 | $1,398,307 |
| 2020 | $54,525 | $2,560,068 | $1,368,238 | $1,191,830 |
| 2019 | $53,839 | $2,522,152 | $1,303,084 | $1,219,068 |
| 2018 | $50,464 | $2,534,704 | $1,303,084 | $1,231,620 |
| 2017 | $50,001 | $2,136,288 | $0 | $0 |
| 2016 | $48,863 | $1,942,080 | $0 | $0 |
| 2015 | $19,317 | $637,023 | $0 | $0 |
| 2014 | $16,213 | $580,785 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeri Jenkins
-
Brian Suarez
B
Seller Co-Listing Agent in 2020
Brian Suarez
Coldwell Banker Realty
(786) 294-1220
1 in this area
35 Total Sales
-
Agata Munoz
Buyer's Agent in 2020
Agata Munoz
Miami Views Realty
(305) 900-7317
1 in this area
18 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A10723201
APN: 01-3219-008-0990
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.
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
- 4250 Bay Point Rd
- 4250 Biscayne Blvd Unit 1416
- 4250 Biscayne Blvd Unit 815
- 4250 Biscayne Blvd Unit 1008
- 4250 Biscayne Blvd Unit 1101
- 4250 Biscayne Blvd Unit 1218
- 4250 Biscayne Blvd Unit 1206
- 4250 Biscayne Blvd Unit 1217
- 4250 Biscayne Blvd Unit 1618
- 4250 Biscayne Blvd Unit 1112
- 4250 Biscayne Blvd Unit 707
- 4250 Biscayne Blvd Unit 917
- 4250 Biscayne Blvd Unit 1006
- 4250 Biscayne Blvd Unit 402
- 4250 Biscayne Blvd Unit 1517
- 4250 Biscayne Blvd Unit 1104
- 4250 Biscayne Blvd Unit 1607
- 4250 Biscayne Blvd Unit 1211
- 4250 Biscayne Blvd Unit 1018
- 4250 Biscayne Blvd Unit 806
- 4301 Bay Point Rd
- 4400 Gate Ln
- 530 Melaleuca Ln
- 530 Melaleuca Ln Unit Bay Point
- 520 Melaleuca Ln
- 550 Melaleuca Ln
- 4330 Bay Point Rd Unit A1
- 4330 Bay Point Rd
- 0 NE Gated Belle Meade Unit A1583004
- 4225 Bay Point Rd
- 4400 Bay Point Rd
- 4312 Bay Point Rd
- 4420 Bay Point Rd
- 570 Melaleuca Ln
- 4301 Gate Ln
- 601 Gate Ln
- 4460 Bay Point Rd
- 590 Melaleuca Ln