NOT LISTED FOR SALE

Estimated Value: $595,759 - $836,000

2 Beds
2 Baths
1,040 Sq Ft
$500/mo HOA Fee

Last Sold May 14, 2018

Last sale price $410,000 $394 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,740/month

203 Days on Market

Highlights

  • Bay View
  • Main Floor Bedroom
  • Ceramic Tile Flooring
  • Key Biscayne K-8 Center Rated A-
  • Community Pool
  • 2-minute walk to Paradise Park

About This Home

As of May 2018

Just Reduced to sell. Don't miss out on owning a 2 bedroom 2 bath apartment on the 7th floor of Crandon Towers Condo. This unit has amazing bay views from the living room. Master bedroom has views North, facing the city. Walk to shops, restaurants, school, beaches. Centrally located, ideal island living.

Last Agent to Sell the Property

Lourdes Lorenzo Luaces

Arch Realty Inc License #0665516 Listed on: 09/06/2017

Last Buyer's Agent

Angela Ocampo

BHHS EWM Realty License #0414880

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,232

Year Built

  • Built in 1966

Lot Details

  • Fenced

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,040 Sq Ft Home
  • Ceramic Tile Flooring
  • Bay Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-028-0230

Community Details

Overview

  • Mid-Rise Condominium
  • Crandon Tower Condo
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 8-Story Property

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Maintenance Expense $475
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,232

Year Built

Built in 1966

Lot Details

0

HOA Fees

$500 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1040
  • Possible Use: Primary
  • Stories: 8
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Bay
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Crandon Tower Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Phone Entry

Condo/Co-op/Association

  • Association Fee: 500
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 24-52-05-028-0230
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Yes

Multi Family

  • Maintenance Expense: 475

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5232

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
May 3, 2018
Sold by
Petersmann Hans Gerhard
Bought by
Bustamante Galo and Bustamante Maria Regina
Seller's Agent
Lourdes Lorenzo Luaces
Arch Realty Inc
Buyer's Agent
Angela Ocampo
BHHS EWM Realty
List Price
$500,000
Sold Price
$410,000
Premium/Discount to List
-$90,000
-18%
Current Estimated Value
$737,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,690
Avg. Annual Appreciation
8.41%
Original Mortgage
$307,500
Outstanding Balance
$266,495
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$471,195

Purchase Details

Closed on
Jan 16, 2014
Sold by
Petersmann Hans Gerhard
Bought by
Petersmann Hans Gerhard

Purchase Details

Closed on
Apr 28, 2008
Sold by
Pied A Terre Sa
Bought by
Petersmann Hans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
May 3, 2007
Sold by
Williams Brent Vincent
Bought by
Pied A Terre Sa

Purchase Details

Closed on
Jan 31, 2002
Sold by
Ventura Ana M
Bought by
Williams Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1999
Sold by
Carrillo Juan E and Carrillo Ana M
Bought by
Ventura Ana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,167
Interest Rate
7.66%
Mortgage Type
Credit Line Revolving
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
Bustamante Galo $410,000 Attorney
Petersmann Hans Gerhard -- Attorney
Petersmann Hans $440,000 Attorney
Pied A Terre Sa $480,000 Attorney
Williams Brent $210,000 --
Ventura Ana M $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bustamante Galo $307,500
Previous Owner Petersmann Hans $300,000
Previous Owner Williams Brent Vincent $200,000
Previous Owner Ventura Ana M $82,500
Previous Owner Ventura Ana M $168,000
Previous Owner Ventura Ana M $110,167
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $410,000 -5.7% $394 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
01/08/2018 01/08/18 Price Changed $435,000 -13.0% $418 / Sq Ft
09/05/2017 09/05/17 For Sale $500,000 -- $481 / 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 $2,648 $208,827 -- --
2024 $2,594 $202,942 -- --
2023 $2,594 $197,032 $0 $0
2022 $2,613 $191,294 $0 $0
2021 $2,611 $185,723 $0 $0
2020 $2,377 $183,159 $0 $0
2019 $2,315 $179,042 $0 $0
2018 $5,270 $329,054 $0 $0
2017 $5,316 $329,054 $0 $0
2016 $5,232 $306,396 $0 $0
2015 $4,864 $278,542 $0 $0
2014 $4,471 $253,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10339642

MIAMI REALTORS® MLS

APN: 24-5205-028-0230