NOT LISTED FOR SALE

Estimated Value: $6,822,000 - $14,215,387

6 Beds
7 Baths
8,457 Sq Ft
$1,355/Sq Ft Est. Value

Sale Details

Date Sold: June 21, 2018

Last sale price $7,625,000 $902 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $70,880 / mo

126 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • Sunset Elementary School Rated A
  • Boat Lift
  • Sitting Area In Primary Bedroom

About This Home

As of June 2018

Extraordinary detail, timeless style & magnificent millwork define this breathtaking Old Cutler Bay masterpiece. Boasting front/back water views, the stately David Johnson/Phyllis Taylor collaboration is fresh, fabulous & built for the ages. Its classic coastal design draws on Old Florida architecture. No-expense-spared coffered ceilings, 15" baseboards, dbl-deep walls/window casements, soaring doors/halls, planked walnut floors & top-tier appliances. The very embodiment of understated wealth & restraint. Gourmet kitchen; formal living & dining rms; family, library & play rms, ethereal master; ensuite bdrms & staff quarters. Resort-style outdoor living; infinity pool, 120-ft concrete dock w/lift; direct bay access.A rare listing of inordinate caliber in highly sought, gated Old Cutler Bay.

Last Agent to Sell the Property

Toni Schrager

Brown Harris Stevens License #0403145 Listed on: 01/23/2018

Brown Harris Stevens

Last Buyer's Agent

Ashley Cusack

BHHS EWM Realty License #0578555

BHHS EWM Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,772

Year Built

  • Built in 2008

Lot Details

  • 20,300 Sq Ft Lot
  • Lot Dimensions are 140x150
  • Home fronts a canal
  • North Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Circular Driveway
  • Paver Block
  • Open Parking

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,457 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Den
  • Wood Flooring
  • Canal Views
  • High Impact Door

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 7 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Boat Lift
  • Private Dock
  • Balcony
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-009-0040

Community Details

Overview

  • Voluntary home owners association
  • Old Cutler Bay Sec 4 A Subdivision

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,772

Year Built

Built in 2008

Lot Details

0.47 Acres

HOA Fees

$83 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock,Unrestricted Salt Water Access
  • Lot Size: 140x150
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: OLD CUTLER BAY SEC 4-A
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, French Doors, Split Bedroom, Vaulted Ceiling(s), Den/Library/Office, Family Room, Utility Room/Laundry
  • Full Bathrooms: 7
  • Total Bedrooms: 6
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 8457
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Family Room, Utility Room/Laundry

Exterior Features

  • Roof: Flat Tile
  • View: Canal
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OLD CUTLER BAY SEC 4-A
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated, Security Patrol, Voluntary Hoa
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 03-51-05-009-0040
  • Lot Size Sq Ft: 20300
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 68772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2018
Closed on
Jun 20, 2018
Sold by
Akselrad Sergio and Akselrad Julee Paige
Bought by
Clarke Dougan and Clarke Martha
Seller's Agent
Toni Schrager
Brown Harris Stevens
Buyer's Agent
Ashley Cusack
BHHS EWM Realty
List Price
$8,595,000
Sold Price
$7,625,000
Premium/Discount to List
-$970,000
-11.29%
Current Estimated Value
$11,461,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,836,796
Avg. Annual Appreciation
5.30%
Original Mortgage
$5,625,000
Outstanding Balance
$4,764,114
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,697,682

Purchase Details

Closed on
May 5, 2004
Sold by
Quirantes Ramon and Quirantes Adelaida
Bought by
Akselrad Sergio
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Clarke Dougan $791,666 Attorney
Akselrad Sergio $2,200,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Clarke Dougan $5,625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2018 06/21/18 Sold $7,625,000 -4.6% $902 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
04/10/2018 04/10/18 Price Changed $7,995,000 -7.0% $945 / Sq Ft
01/23/2018 01/23/18 For Sale $8,595,000 -- $1,016 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $116,040 $6,340,866 -- --
2024 $113,242 $6,162,164 -- --
2023 $113,242 $5,982,684 $0 $0
2022 $109,987 $5,808,432 $0 $0
2021 $109,802 $5,639,255 $0 $0
2020 $108,624 $5,561,396 $0 $0
2019 $106,525 $5,436,360 $0 $0
2018 $70,184 $3,560,109 $0 $0
2017 $68,772 $3,486,885 $0 $0
2016 $68,222 $3,415,167 $0 $0
2015 $68,966 $3,391,428 $0 $0
2014 $69,226 $3,364,512 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10406331

MIAMI REALTORS® MLS

APN: 03-5105-009-0040

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