NOT LISTED FOR SALE

580 Fernwood Rd Unit 580 Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $2,312,847 - $2,935,000

3 Beds
3 Baths
1,988 Sq Ft
$1,299/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $1,600,100 $805 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $16,138/month

1 Day on Market

Highlights

  • Newly Remodeled
  • Marble Flooring
  • No HOA
  • Key Biscayne K-8 Center Rated A-
  • Garden View
  • 2-minute walk to Paradise Park

About This Home

As of October 2015

BACK ON THE MARKET - BEAUTIFUL LUXURY TOWNHOUSE IN THE HEART OF KEY BISCAYNE, TOP OF THE LINE FINISHES, STATE OF THE ART APPLIENCES, MARBLE FLOORS THROUGH OUT, ITALIAN CABINETRY IN KITCHENS AND BATHROOMS, SPACE FOR STORAGE, GRANITE COUNTERTOPS, IMPACT WIN DOWS, LOT OF LIGHT, MUST SEE IT!!!!!! PRICE IS NOT SUBJECT TO CHANGE, NOT NEGOCIABLE, BANK HAS ALREADY APPROVE SALE PRICE TO CLOSE INMEDIATELLY.

Last Listed By

Estela Serrano

MMLS Assoc.-Inactive Member License #3327597 Listed on: 07/22/2015

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,147

Year Built

  • Built in 2005 | Newly Remodeled

Home Design

  • Elevated Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,988 Sq Ft Home
  • Property has 2 Levels
  • Marble Flooring
  • Garden Views
  • Burglar Security System

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • 2 Carport Spaces

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-073-0020

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 580 Fernwood Condos

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,147

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Townhouse
  • Directions: ENTER KEY BISCAYNE, MAKE A RIGHT ON W MCINTYRE ST AND THEN LEFT ON FERNWOOD
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 2
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: 4108

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1988
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Primary Bedroom Upstairs

Exterior Features

  • View: Garden View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction, Elevated Construction
  • Patio And Porch Features: Open Balcony, Open Porch, Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 580 FERNWOOD
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Fire Alarm, Burglar Alarm

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-073-0020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 15147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2015
Closed on
Oct 29, 2015
Sold by
Arosemena Leticia Maria Del Carmen and Pena Leticia
Bought by
Yanes Adolfo and Confortti Liset J
Seller's Agent
Estela Serrano
MMLS Assoc.-Inactive Member
Buyer's Agent
Adolfo Yanes Luciani
HR 19 Realty LLC
List Price
$1,500,000
Sold Price
$1,600,100
Premium/Discount to List
$100,100
6.67%
Total Days on Market
1
Current Estimated Value
$2,581,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$981,362
Avg. Annual Appreciation
5.12%
Original Mortgage
$1,125,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2007
Sold by
Rndc Holdings Llc
Bought by
Pena Julio and Pena Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
8.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 9, 2006
Sold by
South Bay Developers X Llc
Bought by
Rndc Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 14, 1997
Sold by
Cole William H and Cole Deborah J
Bought by
Cole William H

Range of Values:

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Average Value
Not Available
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
Yanes Adolfo $1,600,100 Attorney
Pena Julio $1,550,000 Attorney
Rndc Holdings Llc $1,550,000 Attorney
Cole William H $131,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yanes Adolfo $1,012,000
Closed Yanes Adolfo $1,125,000
Previous Owner Pena Julio $1,240,000
Previous Owner Rndc Holdings Llc $1,125,000
Previous Owner Cole William H $250,000
Previous Owner Cole William H $468,750
Previous Owner Cole William H $157,980
Previous Owner Cole William H $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $1,600,100 +6.7% $805 / Sq Ft
07/24/2015 07/24/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $1,500,000 -- $755 / 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 $20,253 $1,282,924 -- --
2023 $20,253 $1,245,558 $0 $0
2022 $19,617 $1,209,280 $0 $0
2021 $19,652 $1,174,059 $0 $0
2020 $18,491 $1,157,850 $0 $0
2019 $21,678 $1,347,587 $0 $0
2018 $20,569 $1,322,461 $0 $0
2017 $20,305 $1,295,261 $0 $0
2016 $20,352 $1,268,620 $0 $0
2015 $18,610 $962,401 $0 $0
2014 $15,147 $874,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Estela Serrano

    Seller's Agent in 2015

    Estela Serrano

    MMLS Assoc.-Inactive Member

    (786) 543-1233

    1 in this area

    37 Total Sales

    Section Image

  • A

    Buyer's Agent in 2015

    Adolfo Yanes Luciani

    HR 19 Realty LLC

    (786) 376-2222

    1 in this area

    1 Total Sale

    Adolfo Yanes Luciani
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2149086

MIAMI REALTORS® MLS

APN: 24-5205-073-0020

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

580 Fernwood Rd Unit 580, Key Biscayne, FL

Homes for Sale in Key Biscayne, FL

This home is located at 580 Fernwood Rd Unit 580, Key Biscayne, FL 33149 since 22 July 2015 and is currently estimated at $2,581,462, approximately $1,298 per square foot. This property was built in 2005. 580 Fernwood Rd Unit 580 is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, Ponce de Leon Middle School, and Coral Gables Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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