Seller's Agent in 2020
Michael Martinez
One Sotheby's International Realty
(305) 725-1696
114 in this area
198 Total Sales
Estimated Value: $7,796,000 - $9,804,000
7
Beds
10
Baths
8,863
Sq Ft
$969/Sq Ft
Est. Value
Highlights
- Guest House
- Home Theater
- Sitting Area In Primary Bedroom
- Pinecrest Elementary School Rated A
- In Ground Pool
- 50,529 Sq Ft lot
About This Home
As of December 2020Renowned architect Cesar Molina’s “Magnolia House” sits alongside mature oak trees on one of the prettiest one + acre lots in North Pinecrest. This estate, built by Mackle Construction, offers 12,500 SF of space to entertain both indoors & out. The interior features oversized windows, home gym, media room, office, & private guest house plus service quarters. Formal living & dining rooms, chef’s kitchen with Sub-Zero & Wolf appliances, & two pantries. The master suite offers spa-like bath with double water closets, oversized closet space, & balcony overlooking the pool. The outdoor space features a new summer kitchen, gazebo, & heated saltwater pool. Extra features include a 4-car garage, full home generator, 2 laundry rooms, & elevator shaft. Proximate to elite private & public schools.
Last Agent to Sell the Property
One Sotheby's International Realty License #0694150 Listed on: 09/02/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $61,294
Year Built
- Built in 2007
Lot Details
- 1.16 Acre Lot
- South Facing Home
- Fenced
- Property is zoned 2300
Parking
- 4 Car Attached Garage
- Driveway
- Open Parking
Property Views
- Garden
- Pool
Home Design
- Flat Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 8,863 Sq Ft Home
- 2-Story Property
- Built-In Features
- Fireplace
- Family Room
- Home Theater
- Den
- Fire and Smoke Detector
Kitchen
- Built-In Oven
- Gas Range
- Microwave
- Free-Standing Freezer
- Ice Maker
- Dishwasher
- Cooking Island
Bedrooms and Bathrooms
- 7 Bedrooms
- Sitting Area In Primary Bedroom
- Main Floor Bedroom
- Closet Cabinetry
- Walk-In Closet
- Two Primary Bathrooms
- Bidet
- Dual Sinks
- Jetted Tub and Shower Combination in Primary Bathroom
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Exterior Lighting
Additional Homes
- Guest House
Schools
- Pinecrest Elementary School
- Palmetto Middle School
- Miami Palmetto High School
Utilities
- Central Heating and Cooling System
- Well
- Septic Tank
Community Details
- No Home Owners Association
- Unplatted Subdivision
Listing and Financial Details
- Assessor Parcel Number 20-50-01-000-0100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2020
Closed on
Dec 10, 2020
Sold by
Adler Matthew W and Morita Maria Y
Bought by
Ferrentino Marc and Ferrentino Kerrie
Seller's Agent
Michael Martinez
One Sotheby's International Realty
Buyer's Agent
Blair Sonville
Compass Florida, LLC
List Price
$5,900,000
Sold Price
$5,600,000
Premium/Discount to List
-$300,000
-5.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,983,989
Avg. Annual Appreciation
9.47%
Original Mortgage
$3,640,000
Outstanding Balance
$3,278,726
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$5,305,263
Purchase Details
Listed on
Sep 10, 2018
Closed on
Apr 15, 2019
Sold by
Opdeweegh Jozef J and Opdeweegh Miguel Jacqueline
Bought by
Adler Matthew W and Morita Maria Y
Seller's Agent
Lourdes Alatriste
Douglas Elliman
Buyer's Agent
Michael Martinez
One Sotheby's International Realty
List Price
$5,600,000
Sold Price
$4,250,000
Premium/Discount to List
-$1,350,000
-24.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.08%
Original Mortgage
$3,400,000
Interest Rate
3.45%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 21, 2017
Sold by
Opdeweegh Jozef J and Miguel Jacqueline
Bought by
Opdeweegh Jozef J and Miguel Jacqueline
Purchase Details
Closed on
Jul 14, 2010
Sold by
Sonderby Peter Johan Lystbech and Wagner Michel Julie
Bought by
Opdeweegh Jozef
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
4.61%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 29, 2008
Sold by
6035 Developers Inc
Bought by
Sonderby Peter Johan Lystbech and Wagner Michel Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,525,000
Interest Rate
5.86%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 3, 2005
Sold by
Mackle Loretta M
Bought by
6035 Developers
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,265,000
Interest Rate
5.6%
Mortgage Type
Unknown
Purchase Details
Closed on
May 14, 1998
Sold by
Mackle Frank E
Bought by
Mackle Loretta M
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ferrentino Marc | $5,600,000 | Florida Secured Title Llc | |
| Adler Matthew W | $4,250,000 | Attorney | |
| Opdeweegh Jozef J | -- | None Available | |
| Opdeweegh Jozef | $3,280,000 | Attorney | |
| Sonderby Peter Johan Lystbech | $4,150,000 | Intertitle Group Llc | |
| 6035 Developers | $1,000,000 | -- | |
| Mackle Loretta M | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ferrentino Marc | $1,600,000 | |
| Open | Ferrentino Marc | $3,640,000 | |
| Previous Owner | Adler Matthew William | $3,187,500 | |
| Previous Owner | Adler Matthew W | $3,400,000 | |
| Previous Owner | Opdeweegh Jozef J | $300,000 | |
| Previous Owner | Opdeweegh Jozef J | $2,500,000 | |
| Previous Owner | Opdeweegh Jozef | $1,200,000 | |
| Previous Owner | Opdeweegh Jozef | $417,000 | |
| Previous Owner | Opdeweegh Jozef | $500,000 | |
| Previous Owner | Opdeweegh Jozef | $1,000,000 | |
| Previous Owner | Sonderby Peter Johan Lystbech | $3,525,000 | |
| Previous Owner | 6035 Developers | $2,265,000 | |
| Previous Owner | Mackle Loretta M | $292,135 | |
| Previous Owner | Mackle Loretta M | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2020 12/10/20 | Sold | $5,600,000 | -5.1% | $632 / Sq Ft |
| 09/07/2020 09/07/20 | Pending | -- | -- | -- |
| 09/01/2020 09/01/20 | For Sale | $5,900,000 | +38.8% | $666 / Sq Ft |
| 04/15/2019 04/15/19 | Sold | $4,250,000 | -14.9% | $480 / Sq Ft |
| 03/15/2019 03/15/19 | Pending | -- | -- | -- |
| 12/11/2018 12/11/18 | Price Changed | $4,995,000 | -3.8% | $564 / Sq Ft |
| 12/03/2018 12/03/18 | Price Changed | $5,195,000 | -7.2% | $586 / Sq Ft |
| 08/10/2018 08/10/18 | For Sale | $5,600,000 | -- | $632 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $85,758 | $5,052,355 | -- | -- |
| 2024 | $83,366 | $4,909,966 | -- | -- |
| 2023 | $83,366 | $4,766,958 | $0 | $0 |
| 2022 | $80,845 | $4,628,115 | $0 | $0 |
| 2021 | $80,885 | $4,493,316 | $1,317,246 | $3,176,070 |
| 2020 | $52,418 | $2,905,965 | $0 | $0 |
| 2019 | $63,848 | $3,479,405 | $1,129,068 | $2,350,337 |
| 2018 | $56,257 | $3,179,645 | $0 | $0 |
| 2017 | $55,435 | $3,114,246 | $0 | $0 |
| 2016 | $55,417 | $3,050,192 | $0 | $0 |
| 2015 | $56,126 | $3,028,990 | $0 | $0 |
| 2014 | $56,858 | $3,004,951 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Martinez
-
Blair Sonville
Buyer's Agent in 2020
Blair Sonville
Compass Florida, LLC
(305) 989-5381
2 in this area
11 Total Sales
-
Lourdes Alatriste
Seller's Agent in 2019
Lourdes Alatriste
Douglas Elliman
(305) 926-5322
5 in this area
94 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A10920106
APN: 20-5001-000-0100
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