NOT LISTED FOR SALE

Estimated Value: $2,728,000 - $3,578,000

5 Beds
3.5 Baths
3,926 Sq Ft
$786/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $1,847,000 $470 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $19,265/month

21 Days on Market

Highlights

  • Heated In Ground Pool
  • Atrium Room
  • Pool View
  • Pinecrest Elementary School Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of June 2021

An extraordinary home located in Pine Bay Estates, one of the most desirable communities in Coral Gables. Nestled among beautiful trees, this 5-bedroom 3.5-bathroom single-story residence sits on a 22,940 sq. ft. lot. With a split concept floor plan, the master suite offers an oversized walk-in closet and an expansive bathroom. Additional features include an exceptional outdoor space for entertaining, a large backyard, a relaxing pool and jacuzzi area and a two-car garage. All of this paired with its location on a quiet street and ample exposure to natural light provide the ultimate relaxed living experience!

Last Agent to Sell the Property

Diana Caldera

Coldwell Banker Realty License #3275839 Listed on: 04/29/2021

Coldwell Banker Realty

Last Buyer's Agent

Diana Caldera

Coldwell Banker Realty License #3275839 Listed on: 04/29/2021

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,970

Year Built

  • Built in 1969

Lot Details

  • 0.53 Acre Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $41 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Paver Block
  • Open Parking

Home Design

  • Substantially Remodeled
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,926 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Family Room
  • Formal Dining Room
  • Atrium Room
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Intercom Access
  • High Impact Door

Pool

  • Heated In Ground Pool
  • Pool Equipment Stays
  • Auto Pool Cleaner

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Pinecrest Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Voluntary home owners association
  • Pine Bay Estates Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-50-12-030-0150

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,970

Year Built

Built in 1969

Lot Details

0

HOA Fees

$41 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: PINE BAY ESTATES SEC 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, French Doors, Pantry, Split Bedroom, Walk-In Closet(s), Atrium, Family Room, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors, French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 3926
  • Other Equipment: Automatic Garage Door Opener, Intercom
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Atrium, Family Room, Utility Room/Laundry

Exterior Features

  • Roof: Flat Tile
  • View: Pool
  • Exterior Features: Barbeque, Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: Auto Pool Clean, In Ground, Equipment Stays, Heated
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PINE BAY ESTATES SEC 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Paver Block

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 495
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Voluntary Hoa
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners, Voluntary

Schools

  • Elementary School: Pinecrest
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 03-50-12-030-0150
  • Lot Size Sq Ft: 22940
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 22970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 4, 2021
Sold by
Fornaris Jorge Luis and Gardner Caroline Burnett
Bought by
Mena Michael Oswaldo and Mena Lisa Marie
Seller's Agent
Diana Caldera
Coldwell Banker Realty
Buyer's Agent
Diana Caldera
Coldwell Banker Realty
List Price
$1,875,000
Sold Price
$1,847,000
Premium/Discount to List
-$28,000
-1.49%
Current Estimated Value
$3,084,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,237,333
Avg. Annual Appreciation
12.54%
Original Mortgage
$1,424,000
Outstanding Balance
$1,289,255
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,795,078

Purchase Details

Listed on
Jun 29, 2016
Closed on
Nov 15, 2016
Sold by
Leal Silvio A and Leal Dee L
Bought by
Fornaris Jorge Luis and Fornaris Caroline B
Seller's Agent
Hal Feldman
RE/MAX Advance Realty
Buyer's Agent
Hal Feldman
RE/MAX Advance Realty
List Price
$1,499,922
Sold Price
$1,430,000
Premium/Discount to List
-$69,922
-4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$1,260,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2004
Sold by
Malloy John M and Malloy Kendra Kupec
Bought by
Leal Silvio A and Leal Dee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 5, 1999
Sold by
Anania Cheryl
Bought by
Malloy John M and Malloy Kendra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.8%
Mortgage Type
New Conventional
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
Mena Michael Oswaldo $1,847,000 Coral Gables Ttl Escrow Ll
Mena Michael Oswaldo $1,847,000 Coral Gables Title
Fornaris Jorge Luis $1,430,000 Hbg Title Company
Leal Silvio A $1,150,000 --
Malloy John M $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mena Michael Oswaldo $1,424,000
Closed Mena Michael Oswaldo $1,424,000
Previous Owner Fornaris Jorge Luis $1,260,000
Previous Owner Leal Silvio A $780,000
Previous Owner Malloy John M $480,000
Previous Owner Malloy John M $500,000
Closed Leal Silvio A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2021 06/07/21 Sold $1,847,000 -1.5% $470 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $1,875,000 +31.1% $478 / Sq Ft
11/15/2016 11/15/16 Sold $1,430,000 -4.7% $364 / Sq Ft View Prior Sale
09/19/2016 09/19/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $1,499,922 -- $382 / 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 $33,687 $1,754,133 -- --
2024 $32,377 $1,704,697 -- --
2023 $32,377 $1,655,046 $0 $0
2022 $31,475 $1,606,841 $688,200 $918,641
2021 $24,163 $1,124,130 $516,150 $607,980
2020 $22,970 $1,132,146 $516,150 $615,996
2019 $23,296 $1,159,330 $0 $0
2018 $23,180 $1,137,714 $0 $0
2017 $23,345 $1,114,314 $0 $0
2016 $18,350 $887,444 $0 $0
2015 $18,321 $881,276 $0 $0
2014 $18,404 $874,282 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11033637

MIAMI REALTORS® MLS

APN: 03-5012-030-0150