NOT LISTED FOR SALE

Estimated Value: $3,183,000 - $3,444,000

5 Beds
4 Baths
3,935 Sq Ft
$836/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $2,100,000 $534 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $20,628/month

200 Days on Market

Highlights

  • Bar or Lounge
  • In Ground Pool
  • Marble Flooring
  • Pinecrest Elementary School Rated A
  • 33,753 Sq Ft lot
  • Garden View

About This Home

As of May 2021

Great Investment Opportunity! Espectacular Corner House in prestigious PINE BAY ESTATES, Enclosed and security patrolled community in Coral Gables. 5 Bedrooms & 4 Bathrooms. Amazing Designer Kitchen with Thermador Appliances, newly Remodeled bathrooms, walk-in closets, Truly comfortable living. Covered terrace with a modern pool and spa ready for you to Relax. Corner builder’s acre lot. Call Now! 24 Hours Showing!!!

Property is leased for $11,500 Monthly, Tenant has one year leased, and wants to renew probably for 1-2 years more (Building their house). Great Investment opportunity. Coral Gables zip code

Last Agent to Sell the Property

Joseph Boulos

Top Investments Real Estate Corp License #3269764 Listed on: 08/04/2020

Last Buyer's Agent

Ale Alfonzo

Serhant License #3248358

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,000

Year Built

  • Built in 1973

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 219x154
  • South Facing Home
  • Fenced
  • Property is zoned 0100

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,935 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Fireplace
  • Plantation Shutters
  • Blinds
  • Family Room
  • Formal Dining Room
  • Den
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-50-12-030-0230

Community Details

Overview

  • Pine Bay Estates Sec 1,Pine Bay Estates Subdivision, Corner Home Floorplan

Amenities

  • Bar or Lounge

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,000

Year Built

Built in 1973

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Directions: In the corner of SW 60th Avenue and 117th Street
  • Garage Yn: Yes
  • Horses: No
  • Lot Size: 219x154
  • Master Model: CORNER HOME
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: PINE BAY ESTATES SEC 1,PINE BAY ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island, Pantry, Walk-In Closet(s), Wet Bar, Attic, Den/Library/Office, Family Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 3935
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Spa Features: Community
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Plantation Shutters
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Attic, Den/Library/Office, Family Room, Utility Room/Laundry

Exterior Features

  • Roof: Other
  • View: Garden, Pool
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

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

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

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Bar, Paved Road, Spa/Hot Tub
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 03-50-12-030-0230
  • Lot Size Sq Ft: 33753
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 30000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
May 27, 2021
Sold by
Renteria Jose Juan and Carvajal Sofia
Bought by
Lahrssen Carlos F and Carlos Lahrssen Revocable Trus
Seller's Agent
Joseph Boulos
Top Investments Real Estate Corp
Buyer's Agent
Ale Alfonzo
Serhant
List Price
$2,100,000
Sold Price
$2,100,000
Current Estimated Value
$3,290,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,190,771
Avg. Annual Appreciation
10.83%
Original Mortgage
$1,365,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 14, 2018
Closed on
Nov 5, 2018
Sold by
Rodriguez Alejandro and Vizcarrondo Maria C
Bought by
Renteria Jose Juan and Carvajal Sofia
Seller's Agent
Andres Leiser
Constec Realty Services, Inc
Buyer's Agent
Joseph Boulos
Top Investments Real Estate Corp
List Price
$1,950,000
Sold Price
$1,755,000
Premium/Discount to List
-$195,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$1,300,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 4, 2015
Closed on
Jan 4, 2016
Sold by
Gelber Edward C and Gelber Laura Jean
Bought by
Miami School Group S3 Llc
Seller's Agent
Josie Wang
Brown Harris Stevens
Buyer's Agent
Andres Leiser
Constec Realty Services, Inc
List Price
$1,435,000
Sold Price
$1,400,000
Premium/Discount to List
-$35,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$980,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 4, 2015
Closed on
Nov 13, 2015
Sold by
Chopp Harold
Bought by
Rodriguez Alejandro and Vizcarrondo Maria C
Seller's Agent
Josie Wang
Brown Harris Stevens
Buyer's Agent
Andres Leiser
Constec Realty Services, Inc
List Price
$1,435,000
Sold Price
$1,400,000
Premium/Discount to List
-$35,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Lahrssen Carlos F $2,100,000 Attorney
Carlos Lahrssen Revocable Trust $2,100,000 None Listed On Document
Renteria Jose Juan $1,755,000 Attorney
Miami School Group S3 Llc $2,100,000 Attorney
Rodriguez Alejandro $1,400,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carlos Lahrssen Revocable Trust $1,365,000
Previous Owner Renteria Jose Juan $1,300,000
Previous Owner Rodriguez Alejandro $980,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2021 05/27/21 Sold $2,100,000 -14.3% $534 / Sq Ft
02/22/2021 02/22/21 Price Changed $2,450,000 0.0% $623 / Sq Ft
08/24/2020 08/24/20 Rented $11,500 -99.5% --
08/19/2020 08/19/20 Under Contract -- -- --
08/03/2020 08/03/20 For Sale $2,100,000 0.0% $534 / Sq Ft
07/30/2020 07/30/20 For Rent $11,500 0.0% --
11/05/2018 11/05/18 Sold $1,755,000 -7.1% $446 / Sq Ft View Prior Sale
09/21/2018 09/21/18 Pending -- -- --
05/18/2018 05/18/18 Price Changed $1,890,000 -3.1% $480 / Sq Ft
04/13/2018 04/13/18 For Sale $1,950,000 +39.3% $496 / Sq Ft
12/01/2015 12/01/15 Sold $1,400,000 -2.4% $305 / Sq Ft View Prior Sale
09/29/2015 09/29/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $1,435,000 -- $313 / 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 $36,887 $1,967,675 -- --
2024 $36,066 $1,912,221 -- --
2023 $36,066 $1,856,526 $0 $0
2022 $35,956 $1,817,283 $0 $0
2021 $27,594 $1,268,465 $759,442 $509,023
2020 $27,490 $1,275,327 $759,442 $515,885
2019 $28,941 $1,417,200 $894,454 $522,746
2018 $27,735 $1,343,377 $853,951 $489,426
2017 $26,801 $1,251,758 $0 $0
2016 $23,905 $1,137,962 $0 $0
2015 $14,237 $671,411 $0 $0
2014 $14,264 $666,083 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10904064

MIAMI REALTORS® MLS

APN: 03-5012-030-0230