NOT LISTED FOR SALE

Estimated Value: $1,090,000 - $1,265,000

3 Beds
3 Baths
2,052 Sq Ft
$575/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $775,000 $378 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $7,546/month

27 Days on Market

Highlights

  • Guest House
  • Room in yard for a pool
  • Wood Flooring
  • Cottage Room
  • Vaulted Ceiling
  • Garden View

About This Home

As of August 2021

Welcome to Tranquil Palms! With a spacious two bedroom main house plus a tucked away detached 800+ SF guest cottage, this mini-compound is perfect for homeowners looking for extra income, a home office, gym, studio or flex space—and equally ideal for investors seeking great returns. In the main house, enjoy grand vaulted ceilings, updated kitchen and bath, gorgeous hardwood floors, an Instagram-ready historic fireplace, two sunrooms, and a one car garage—plus beautifully landscaped gardens perfect for relaxing or entertaining. The guest cottage is nestled out of sight, with its own private fenced yard, vaulted ceilings, kitchen and two full baths. A rare find, indeed, located in Historic Palm Grove, just a block to all the cool MiMo and Ironside restaurants and shops. Tranquility awaits!

Last Agent to Sell the Property

Shane Graber

Graber Realty Group LLC License #3347659 Listed on: 05/12/2021

Last Buyer's Agent

Jaclyn Bild

Douglas Elliman License #3214288

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,738

Year Built

  • Built in 1939

Lot Details

  • 7,250 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 0104

Parking

  • 1 Car Attached Garage
  • Driveway
  • Guest Parking
  • On-Street Parking
  • Open Parking

Home Design

  • Substantially Remodeled
  • Barrel Roof Shape
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,052 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Great Room
  • Family Room
  • Sun or Florida Room
  • Utility Room in Garage
  • Garden Views
  • Partial Impact Glass

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Exterior Lighting
  • Cottage Room
  • Shed
  • Enclosed Glass Porch

Additional Homes

  • Guest House

Utilities

  • Central Air
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Voluntary home owners association
  • Federal Way Amd Palm Grove,Historic Palm Grove Subdivision, Tranquil Palms Floorplan

Listing and Financial Details

  • Assessor Parcel Number 01-32-07-040-2420

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,738

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1939
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: On Biscayne Blvd, turn west onto NE 72nd St and the property will be on the right.
  • Garage Yn: Yes
  • Horses: No
  • Master Model: Tranquil Palms
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: FEDERAL WAY AMD Palm Grove,HISTORIC PALM GROVE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Vaulted Ceiling(s), Volume Ceilings, Cottage, Family Room, Florida Room, Great Room, Utility/Laundry In Garage
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 2052
  • Possible Use: Primary
  • Window Features: Partial Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level, Studio
  • Living Room Features: Cottage, Family Room, Florida Room, Glassed Porch, Great Room, Guest House, Utility/Laundry In Garage

Exterior Features

  • Roof: Barrel Roof, Flat Roof With Facade Front
  • View: Garden
  • Exterior Features: Fruit Trees, Lighting, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed, Guest House
  • Patio And Porch Features: Glass Enclosed
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: FEDERAL WAY AMD Palm Grove
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Public Road, Sidewalks, Street Lights, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: None, Voluntary

Lot Info

  • Parcel Number: 01-32-07-040-2420
  • Lot Size Sq Ft: 7250
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8738

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Aug 31, 2021
Sold by
Glick Stacy D
Bought by
Cassaras Robert Michael and Mcclure Cameron Gabrielle
Seller's Agent
Shane Graber
Graber Realty Group LLC
Buyer's Agent
Jaclyn Bild
Douglas Elliman
List Price
$815,000
Sold Price
$775,000
Premium/Discount to List
-$40,000
-4.91%
Current Estimated Value
$1,179,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,031
Avg. Annual Appreciation
12.27%
Original Mortgage
$126,675
Outstanding Balance
$115,516
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,120,105

Purchase Details

Listed on
Oct 15, 2019
Closed on
Dec 9, 2019
Sold by
Schrieber Mark and Schrieber Erika
Bought by
Glick Stacy D
Seller's Agent
Lori Brandt
Compass Florida, LLC
Buyer's Agent
Shane Graber
Graber Realty Group LLC
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.51%
Original Mortgage
$490,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2015
Sold by
Berrios Robert
Bought by
Schrieber Mark and Schrieber Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,600
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
Oct 17, 2001
Sold by
Michele Verdi I
Bought by
Berrios Robert

Purchase Details

Closed on
May 30, 2001
Sold by
Manufacturers M and Traders T Manufacturers M
Bought by
Verdi Michelle

Purchase Details

Closed on
Sep 7, 1994
Sold by
Etienne Rene
Bought by
Urdaneta Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,857
Interest Rate
8.56%
Mortgage Type
FHA
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
Cassaras Robert Michael $775,000 Attorney
Glick Stacy D $555,000 Working Title Llc
Schrieber Mark $400,000 Attorney
Berrios Robert $153,000 --
Verdi Michelle $89,900 --
Urdaneta Angelica $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassaras Robert Michael $126,675
Open Cassaras Robert Michael $548,250
Previous Owner Glick Stacy D $490,000
Previous Owner Schrieber Mark $408,600
Previous Owner Urdaneta Angelica $79,857
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $775,000 -2.5% $378 / Sq Ft
07/13/2021 07/13/21 Price Changed $795,000 -2.5% $387 / Sq Ft
07/06/2021 07/06/21 For Sale $815,000 0.0% $397 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/31/2021 05/31/21 Price Changed $815,000 0.0% $397 / Sq Ft
05/31/2021 05/31/21 For Sale $815,000 +9.4% $397 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $745,000 +25.2% $363 / Sq Ft
12/09/2019 12/09/19 Sold $595,000 -0.7% $481 / Sq Ft
10/15/2019 10/15/19 For Sale $599,000 0.0% $485 / Sq Ft
03/06/2019 03/06/19 For Rent $2,800 +5.7% --
03/06/2019 03/06/19 Rented $2,650 +112.0% --
10/15/2013 10/15/13 Rented $1,250 -3.8% --
09/15/2013 09/15/13 Under Contract -- -- --
08/13/2013 08/13/13 For Rent $1,300 -29.5% --
03/08/2013 03/08/13 Rented $1,845 -2.6% --
02/06/2013 02/06/13 Under Contract -- -- --
10/31/2012 10/31/12 For Rent $1,895 -- --
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 $14,049 $729,142 -- --
2024 $13,580 $698,817 -- --
2023 $13,580 $661,144 $0 $0
2022 $12,802 $626,143 $369,761 $256,382
2021 $9,830 $412,031 $0 $0
2020 $8,738 $374,574 $239,011 $135,563
2019 $7,299 $347,935 $0 $0
2018 $6,921 $336,119 $0 $0
2017 $6,692 $319,651 $0 $0
2016 $6,430 $301,417 $0 $0
2015 $4,951 $155,222 $0 $0
2014 $4,024 $141,111 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11041284

MIAMI REALTORS® MLS

APN: 01-3207-040-2420