$4,250,000
SOLD JAN 16, 2024
4 Beds
3 Baths
1,896 Sq Ft
0.35 Acres

Recently Sold

$2,242 Per Sq Ft

6% Below List Price

20 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Walk-In Closet
  • Gated Community
  • Garden View
  • Patio

About This Home

As of January 2024

This very private ranch style home is located in the guard-gated enclave of Bay Point. No access unless you live there or granted access as a guest by property owner. The 4 BR/3BA home offers a well-proportioned open living, dining & kitchen layout and beautiful wood floors throughout, plus large windows that allow for serene natural light to stream inside the home. Features a 15,450 SF square foot lot with mature lush foliage and fruit trees, a large saltwater pool, spacious yard with open grass areas. Additional features include hurricane impact windows and doors, and a carport for 2 cars. The home is in a prime location, just minutes to the Design District, Wynwood, Miami Beach, downtown Miami, cultural & sports venues, fine dining, shopping & Miami International airport.

Last Agent to Sell the Property

Jill Eber

Coldwell Banker Realty License #0333469 Listed on: 12/14/2023

Coldwell Banker Realty

Co-Listed By

Felise Eber

Coldwell Banker Realty License #0576021

Last Buyer's Agent

Jill Eber

Coldwell Banker Realty License #0333469 Listed on: 12/14/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,463

Year Built

  • Built in 1957

Lot Details

  • 0.35 Acre Lot
  • South Facing Home
  • Property is zoned 0100

HOA Fees

  • $383 Monthly HOA Fees

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,896 Sq Ft Home
  • 1-Story Property
  • Casement Windows
  • French Doors
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Garden Views

Kitchen

  • <<builtInOvenToken>>
  • Electric Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-008-1430

Community Details

Overview

  • Bay Point Subdivision

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,463

Year Built

Built in 1957

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: BAY POINT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Exclusions, French Doors, Walk-In Closet(s), Family Room
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1896
  • Possible Use: Unknown/Withheld
  • Window Features: Casement, Other Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAY POINT
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 4596
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Security Patrol
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-19-008-1430
  • Lot Size Sq Ft: 15450
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15463

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Jan 14, 2024
Sold by
Eber Scott and Eber Yaffa N
Bought by
Karakhanian Alexander and Karakhanian Rena
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Jill Eber
Coldwell Banker Realty
List Price
$4,500,000
Sold Price
$4,250,000
Premium/Discount to List
-$250,000
-5.56%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
Sep 5, 2001
Sold by
Stephen W Alvarez M and Stephen Lauren Alvarez
Bought by
Schafer Robert

Purchase Details

Closed on
Dec 1, 1998
Sold by
Pr Sylvia E Thomas
Bought by
Alvarez Stephen W and Alvarez Lauren S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,250,000 None Listed On Document
Warranty Deed $490,000 --
Warranty Deed $215,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $570,000 Adjustable Rate Mortgage/ARM
Previous Owner $520,000 New Conventional
Previous Owner $563,000 New Conventional
Previous Owner $204,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Price Changed $4,790,000 0.0% $1,872 / Sq Ft
05/21/2025 05/21/25 Price Changed $4,790,000 -4.1% --
02/28/2025 02/28/25 Price Changed $4,995,000 0.0% --
02/27/2025 02/27/25 Price Changed $4,995,000 -3.8% $1,952 / Sq Ft
02/13/2025 02/13/25 For Sale $5,190,000 0.0% --
02/13/2025 02/13/25 For Sale $5,190,000 +22.1% $2,028 / Sq Ft
01/16/2024 01/16/24 Sold $4,250,000 -5.6% $2,242 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
12/14/2023 12/14/23 For Sale $4,500,000 -- $2,373 / 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
2024 $15,463 $798,870 -- --
2023 $15,463 $775,602 $0 $0
2022 $14,718 $737,521 $0 $0
2021 $14,706 $716,040 $0 $0
2020 $14,533 $706,154 $0 $0
2019 $14,226 $690,278 $0 $0
2018 $13,690 $677,408 $0 $0
2017 $13,551 $663,476 $0 $0
2016 $13,655 $649,830 $0 $0
2015 $13,807 $645,313 $0 $0
2014 $13,964 $640,192 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11500477

MIAMI REALTORS® MLS

APN: 01-3219-008-1430