NOT LISTED FOR SALE

Estimated Value: $5,931,000 - $11,086,246

5 Beds
4 Baths
3,675 Sq Ft
$2,362/Sq Ft Est. Value

Last Sold June 13, 2012

Last sale price $1,464,000 $398 Per Sq Ft

Est. 493% increase in value since last sale

Current estimated payment $54,613/month

85 Days on Market

Highlights

  • Lake Front
  • Deeded Boat Dock
  • Concrete Pool
  • Pinecrest Elementary School Rated A
  • Home Theater
  • Sitting Area In Primary Bedroom

About This Home

As of June 2012

Location! Location! Lowest priced acre home on prestigious Coral Gables Hammock Lake #2 , 5BR-4BA wide lake front plus lap pool. Perfect opportunity to renovate and enhance the value of this exceptional property and South FL lifestyle. We are in The best all-around school district in Miami. Enjoy the serenity of charming, calming lake breezes and spectacular waterfront views and sunsets. Swim, paddle your surfboard or canoe. Once in a lifetime opportunity! Don't miss this one!

Last Agent to Sell the Property

Keith Gordon

Get More Offers License #0409442 Listed on: 01/04/2012

Last Buyer's Agent

Francine Tomas

Brown Harris Stevens License #3108701

Brown Harris Stevens

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,660

Year Built

  • Built in 1954

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 160x101
  • Lake Front
  • Home fronts navigable water
  • North Facing Home
  • Fenced
  • Irregular Lot
  • Property is zoned 14/S FM

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,675 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Skylights
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Tile Flooring
  • Lake Views
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Bidet
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Converted Garage
  • Circular Driveway
  • Open Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Access To Lake
  • Seawall
  • Deeded Boat Dock
  • Screened Balcony
  • Patio
  • Exterior Lighting
  • Shed

Schools

  • Pinecrest Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 03-51-06-003-0070

Community Details

Overview

  • No Home Owners Association
  • Hammock Lake No 2 Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,660

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Mediterranean
  • Directions: OLD CUTLER ROAD TO NORTH KENDALL DRIVE
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Dock,Private Dock
  • Lot Size: 160x101
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: HAMMOCK LAKE NO 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Cooking Island, Entrance Foyer, Pantry, Skylight, Walk-In Closet(s), Den/Library/Office, Family Room, Garage Converted, Great Room, Maid/In-Law Quarters, Media Room, Recreation Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 3675
  • Possible Use: Unknown/Withheld
  • Window Features: Skylight, Blinds, Single Hung Metal, Sliding
  • Bedroom Features: Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room, Garage Converted, Great Room, Maid/In-Law Quarters, Media Room, Recreation Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Barrel Roof
  • View: Lake
  • Exterior Features: Lighting, Screened Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot, Irregular Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Concrete, Gunite, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Lake, Lake Access, Navigable Water, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: HAMMOCK LAKE NO 2
  • Open Parking: Yes
  • Parking Features: Driveway, Circular Driveway, Other

Utilities

  • Sewer: Public Sewer, Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up
  • Security: Owned Burglar Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community, Paved Road, Private Roads

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Pinecrest
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 03-51-06-003-0070
  • Lot Size Sq Ft: 43124
  • Zoning: 14/S FM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 11660

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2012
Closed on
Jun 8, 2012
Sold by
Tuchman Isaac and Tuchman Gina K
Bought by
Dearellano Francisco Ramirez and Medina Rosa
Seller's Agent
Keith Gordon
Get More Offers
Buyer's Agent
Francine Tomas
Brown Harris Stevens
List Price
$1,464,000
Sold Price
$1,464,000
Current Estimated Value
$8,681,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,217,415
Avg. Annual Appreciation
14.29%
Source: Public Records

Range of Values:

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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
Dearellano Francisco Ramirez $1,464,000 Keyes Title Services
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2012 06/13/12 Sold $1,464,000 0.0% $398 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $1,464,000 -- $398 / 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 $100,865 $5,684,721 -- --
2024 $98,937 $5,524,511 -- --
2023 $98,937 $5,363,603 $0 $0
2022 $96,081 $5,207,382 $0 $0
2021 $95,914 $5,055,711 $2,118,035 $2,937,676
2020 $96,851 $5,086,283 $2,118,035 $2,968,248
2019 $98,567 $5,116,856 $2,118,035 $2,998,821
2018 $96,074 $5,087,364 $0 $0
2017 $95,207 $4,982,727 $0 $0
2016 $34,586 $1,581,314 $0 $0
2015 $32,793 $1,437,559 $0 $0
2014 $28,400 $1,306,872 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1589396

MIAMI REALTORS® MLS

APN: 03-5106-003-0070