NOT LISTED FOR SALE

5900 SW 116th St Coral Gables, FL 33156

Gables By The Sea Neighborhood

Estimated Value: $2,807,000 - $4,066,000

4 Beds
3.5 Baths
4,519 Sq Ft
$724/Sq Ft Est. Value

Last Sold April 24, 2013

Last sale price $1,370,000 $303 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $19,840/month

159 Days on Market

Highlights

  • In Ground Pool
  • Marble Flooring
  • No HOA
  • Pinecrest Elementary School Rated A
  • Pool View
  • Den

About This Home

As of April 2013

This Pine Bay Estates jewel is the one we've all been looking for. Contemporary style, magnificently updated, like new. 4 spacious bdrms + den/ofc. Impressive, soaring ceilings, stone flooring & the perfect floor plan for any family. Fantastic sun lit kit chen with eat-in area opens to a huge family room overlooking a large covered terrace, sparkling pool + a manicured lawn. A formal dining room & plenty of entertaining spaces. Best public schools.

Last Agent to Sell the Property

Polly Schiff

MMLS Assoc.-Inactive Member License #0455695 Listed on: 08/20/2012

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Marisela Cisneros

One Sotheby's International Realty License #0487672

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,603

Year Built

  • Built in 1971

Lot Details

  • 0.53 Acre Lot
  • North Facing Home
  • Fenced
  • Property is zoned 1 /S FM

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,519 Sq Ft Home
  • Ceiling Fan
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Marble Flooring
  • Pool Views

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Leased
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Pine Bay Estates Sec No 1,Pine Bay Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-50-12-030-0200

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,603

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Other
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: PINE BAY ESTATES SEC NO 1,PINE BAY ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Entrance Foyer, French Doors, Pantry, Den/Library/Office, Family Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 4519
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters, Casement, Impact Glass
  • Bedroom Features: Other
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks

Exterior Features

  • Roof: Flat Tile
  • View: Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot, 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

  • Attached Garage: Yes
  • Park Building Name: PINE BAY ESTATES SEC NO 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Security System Leased, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-50-12-030-0200
  • Lot Size Sq Ft: 22940
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 17603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2012
Closed on
Apr 22, 2013
Sold by
Elkin Michael P and Elkin Wendy S
Bought by
Luzardo Rodolfo
Seller's Agent
Polly Schiff
MMLS Assoc.-Inactive Member
Buyer's Agent
Marisela Cisneros
One Sotheby's International Realty
List Price
$1,499,991
Sold Price
$1,370,000
Premium/Discount to List
-$129,991
-8.67%
Current Estimated Value
$3,273,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,903,582
Avg. Annual Appreciation
7.29%
Original Mortgage
$910,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2004
Sold by
Wiener Hermine
Bought by
Elkin Michael P and Elkin Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 30, 2002
Sold by
Hermine Wiener I
Bought by
Wiener Hermine Trust
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
Luzardo Rodolfo $1,370,000 Attorney
Elkin Michael P $900,000 --
Wiener Hermine Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luzardo Rodolfo $741,000
Closed Luzardo Rodolfo $910,000
Previous Owner Elkin Michael P $200,000
Previous Owner Elkin Michael P $135,000
Previous Owner Elkin Michael P $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2013 04/24/13 Sold $1,370,000 -2.1% $303 / Sq Ft
01/27/2013 01/27/13 Pending -- -- --
01/22/2013 01/22/13 Price Changed $1,399,991 -6.7% $310 / Sq Ft
08/20/2012 08/20/12 For Sale $1,499,991 -- $332 / 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 $24,030 $1,240,839 -- --
2024 $23,511 $1,205,869 -- --
2023 $23,511 $1,170,747 $0 $0
2022 $22,872 $1,136,648 $0 $0
2021 $23,726 $1,103,542 $0 $0
2020 $22,143 $1,088,306 $0 $0
2019 $20,596 $1,063,838 $0 $0
2018 $20,563 $1,044,002 $0 $0
2017 $20,749 $1,022,529 $0 $0
2016 $20,528 $1,001,498 $0 $0
2015 $20,525 $994,537 $0 $0
2014 $20,638 $986,644 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Polly Schiff

    MMLS Assoc.-Inactive Member

    Section Image
  • Marisela Cisneros

    Buyer's Agent in 2013

    Marisela Cisneros

    One Sotheby's International Realty

    (305) 301-1208

    6 Total Sales

    Section Image
  • Andreina Zambrano

    Buyer Co-Listing Agent in 2013

    Andreina Zambrano

    One Sotheby's International Realty

    (305) 539-3887

    11 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1679137

MIAMI REALTORS® MLS

APN: 03-5012-030-0200

Florida Miami/Dade County Coral Gables 33156 Gables By The Sea

5900 SW 116th St, Coral Gables, FL

This home is located at 5900 SW 116th St, Coral Gables, FL 33156 since 20 August 2012 and is currently estimated at $3,273,582, approximately $724 per square foot. This property was built in 1971. 5900 SW 116th St is a home located in Miami-Dade County with nearby schools including Pinecrest Elementary School, Palmetto Middle School, and Miami Palmetto 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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