NOT LISTED FOR SALE

558 NE 118th St Biscayne Park, FL 33161

Estimated Value: $1,763,000 - $1,822,000

4 Beds
3.5 Baths
2,657 Sq Ft
$677/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $1,775,000 $668 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,948/month

124 Days on Market

Highlights

  • Concrete Pool
  • Garden View
  • No HOA
  • Wood Flooring
  • Sun or Florida Room
  • Den

About This Home

As of August 2024

This chic home perfectly melds classic charm with a contemporary feel. It features gleaming polished hardwoods, an original wood-burning fireplace, tray ceilings, and a stylish modern European kitchen with top-of-the-line appliances and marble counters. The residence includes custom-designed closets and bathrooms in both primary ensuite bedrooms. It's multiple living areas flow seamlessly in a fabulous split plan, ideal for diverse living and entertaining scenarios. Comprised of 4 bedrooms, 3.5 bathrooms, and a family room, it is equipped with 3 new separate central air conditioning units for enhanced energy efficiency, and impact windows and doors. The property boasts a massive pool and one of Biscayne Park's largest fully fenced private yards, all nestled on a tranquil, tree-lined street

Last Agent to Sell the Property

Laura Graves, P.A.

BrokerNation Real Estate License #0692780 Listed on: 03/15/2024

BrokerNation Real Estate

Last Buyer's Agent

Jelena Houston

The Corcoran Group License #3254258

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,538

Year Built

  • Built in 1951

Lot Details

  • 0.44 Acre Lot
  • North Facing Home
  • Fenced
  • Oversized Lot
  • Property is zoned 0100

Parking

  • 1 Car Attached Garage
  • 3 Attached Carport Spaces
  • Converted Garage
  • Electric Vehicle Home Charger
  • Circular Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

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

Interior Spaces

  • 2,657 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Fireplace
  • Awning
  • Family Room
  • Den
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Security System Leased
  • High Impact Door

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Equipment Stays
  • Gunite Pool

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Miami Shores Elementary School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 17-22-30-031-0910

Community Details

Overview

  • No Home Owners Association
  • Biscayne Park Estates Subdivision

Amenities

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,538

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Directions: NE 6th Avenue to West on NE 118th Street. Home is on the south/left side.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: BISCAYNE PARK ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, 3 Bedroom Split, Walk-In Closet(s), Den/Library/Office, Family Room, Florida Room, Garage Converted, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 2657
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Garage Converted, Utility Room/Laundry

Exterior Features

  • Roof: Flat Roof With Facade Front, Curved/S-Tile Roof
  • View: Garden, Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction, Stucco
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Oversized Lot
  • Patio And Porch Features: Awning(s), Patio
  • Pool Features: In Ground, Concrete, Equipment Stays, Gunite
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BISCAYNE PARK ESTATES
  • Carport Spaces: 3
  • Covered Parking Spaces: 4
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway, Covered, Electric Vehicle Charging Station(s)

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Security System Leased

Condo/Co-op/Association

  • Association: No
  • Community Features: None, Picnic Area, Underground Utilities

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Miami Shores

Lot Info

  • Parcel Number: 17-22-30-031-0910
  • Lot Size Sq Ft: 19300
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Aug 18, 2024
Sold by
Melillo Victor and Melillo Antonina Campisi
Bought by
Barragan Adrian and Barragan Caroline
Seller's Agent
Laura Graves, P.A.
BrokerNation Real Estate
Buyer's Agent
Jelena Houston
The Corcoran Group
List Price
$1,950,000
Sold Price
$1,775,000
Premium/Discount to List
-$175,000
-8.97%
Views
134
Current Estimated Value
$1,797,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,714
Avg. Annual Appreciation
1.28%
Original Mortgage
$1,025,000
Outstanding Balance
$1,014,019
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$783,695

Purchase Details

Listed on
Jul 11, 2017
Closed on
Sep 29, 2017
Sold by
Arado Carlos T
Bought by
Melillo Victor and Melillo Antonina Campisi De
Seller's Agent
Georgeé Kluck
Keller Williams Eagle Realty
Buyer's Agent
Alan Melillo
MMLS Assoc.-Inactive Member
List Price
$695,000
Sold Price
$655,000
Premium/Discount to List
-$40,000
-5.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%
Original Mortgage
$423,999
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2011
Sold by
Justo Diane G
Bought by
Arado Carlos T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,493
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2002
Sold by
James Monastra I
Bought by
Justo Diane G

Purchase Details

Closed on
Jun 30, 1999
Sold by
Slater Dorothy
Bought by
Monastra James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Barragan Adrian $1,775,000 None Listed On Document
Melillo Victor $655,000 Attorney
Arado Carlos T $375,000 Guaranty Trust & Title Inc
Justo Diane G $332,000 --
Monastra James $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barragan Adrian $1,025,000
Previous Owner Spadavechia Victor Melillo $650,000
Previous Owner Melillo Victor $423,999
Previous Owner Arado Carlos T $365,493
Previous Owner Justo Diane G $235,000
Previous Owner Maldonado Olivio $150,000
Previous Owner Justo Diane G $85,000
Previous Owner Monastra James $15,000
Previous Owner Monastra James $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $1,775,000 -6.1% $668 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $1,890,000 -3.1% $711 / Sq Ft
03/15/2024 03/15/24 For Sale $1,950,000 +197.7% $734 / Sq Ft
10/06/2017 10/06/17 Sold $655,000 -5.8% $247 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $695,000 -- $262 / 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 $13,841 $1,251,888 $938,970 $312,918
2024 $13,538 $577,256 -- --
2023 $13,538 $560,443 $0 $0
2022 $12,997 $544,120 $0 $0
2021 $12,876 $528,272 $310,642 $217,630
2020 $12,827 $528,501 $310,642 $217,859
2019 $13,515 $513,863 $295,775 $218,088
2018 $13,278 $514,092 $295,775 $218,317
2017 $9,006 $383,953 $0 $0
2016 $8,941 $376,056 $0 $0
2015 $8,926 $370,439 $0 $0
2014 $8,996 $317,373 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11551427

MIAMI REALTORS® MLS

APN: 17-2230-031-0910