NOT LISTED FOR SALE

628 Fernwood Rd Key Biscayne, FL 33149

Estimated Value: $3,734,673 - $5,909,000

5 Beds
5 Baths
3,750 Sq Ft
$1,227/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $1,550,000 $413 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $26,409/month

390 Days on Market

Highlights

  • In Ground Pool
  • Maid or Guest Quarters
  • Roman Tub
  • Key Biscayne K-8 Center Rated A-
  • Deck
  • 3-minute walk to Paradise Park

About This Home

As of March 2012

You will love this home! Elevated tri-level home with balconies and terrace. Charming pool area with keystone, high ceilings, foyer entrance, large reception area with lots of light and windows. Library, formal dining. Large downstairs entertainment area that overlooks pool and cabana. 4 bedrooms, master suite on top floor. Completely remodeled 7 years ago. Already on sewer. Dining room chandelier and scones excluded.

Last Agent to Sell the Property

Brigitte De Langeron

DLS International Realty License #0545936 Listed on: 12/17/2010

Last Buyer's Agent

Brigitte De Langeron

DLS International Realty License #0545936 Listed on: 12/17/2010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,086

Year Built

  • Built in 1995

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 75x100
  • East Facing Home
  • Property is zoned 57/GENER

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Studio
  • Bahama Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,750 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Entrance Foyer
  • Den
  • Utility Room in Garage
  • Laundry in Garage
  • Marble Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Maid or Guest Quarters
  • 5 Full Bathrooms
  • Roman Tub

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Keybiscayne Elementary School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Biscayne Key Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-001-0160

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,086

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Multi Level
  • Garage Yn: Yes
  • Horses: No
  • Lot Size: 75x100
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: BISCAYNE KEY ESTS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 1550000
  • InternetRemarks: Elevated 3-level w/balconies & terrace. Foyer, large reception area, library, formal dining, master suite in top floor. Chandelier & scones excluded.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Third Floor Entry, Entrance Foyer, Pantry, Roman Tub, Skylight, Split Bedroom, 3 Bedroom Split, Den/Library/Office, Maid/In-Law Quarters, Studio Apartment, Utility/Laundry In Garage
  • Spa Yn: No
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3750
  • Window Features: Skylight
  • Bedroom Features: Primary Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Maid/In-Law Quarters, Studio Apartment, Utility/Laundry In Garage

Exterior Features

  • Roof: Bahama
  • View: Garden
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BISCAYNE KEY ESTS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-001-0160
  • Lot Size Sq Ft: 7500
  • Zoning: 57/GENER

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 25086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2012
Sold by
Munoz Narciso and Munoz Narcisco
Bought by
Munoz Narcisco and Legarre Malena
Current Estimated Value
$4,602,168

Purchase Details

Listed on
Dec 17, 2010
Closed on
Mar 9, 2012
Sold by
Fernwood Tropical Estate Inc
Bought by
Munoz Narcisco
Seller's Agent
Brigitte De Langeron
DLS International Realty
Buyer's Agent
Brigitte De Langeron
DLS International Realty
List Price
$1,550,000
Sold Price
$1,550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$900,000
Outstanding Balance
$603,300
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,998,868

Purchase Details

Closed on
Jul 11, 2000
Sold by
Kirkpatrick Pamela S and Kirkpatrick James T
Bought by
Fernwood Tropical Estate Inc

Purchase Details

Closed on
Jan 26, 1998
Sold by
Kirkpatrick James T and Kirkpatrick Pamela S
Bought by
Kirkpatrick Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Munoz Narcisco -- Attorney
Munoz Narcisco $1,550,000 --
Fernwood Tropical Estate Inc $620,000 --
Kirkpatrick Pamela S $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Narcisco $900,000
Previous Owner Kirkpatrick Pamela S $609,000
Previous Owner Kirkpatrick Pamela S $160,000
Previous Owner Kirkpatrick Pamela S $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2012 03/16/12 Sold $1,550,000 0.0% $413 / Sq Ft
01/12/2012 01/12/12 Pending -- -- --
12/17/2010 12/17/10 For Sale $1,550,000 -- $413 / 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 $26,415 $1,680,517 -- --
2024 $26,065 $1,633,156 -- --
2023 $26,065 $1,585,589 $0 $0
2022 $24,962 $1,539,407 $0 $0
2021 $25,025 $1,494,570 $1,026,000 $468,570
2020 $24,151 $1,500,788 $1,026,000 $474,788
2019 $24,314 $1,507,008 $1,026,000 $481,008
2018 $23,622 $1,513,227 $1,026,000 $487,227
2017 $23,883 $1,516,614 $0 $0
2016 $23,954 $1,485,421 $0 $0
2015 $24,304 $1,475,096 $0 $0
2014 $22,709 $1,341,187 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: M1453116

MIAMI REALTORS® MLS

APN: 24-5205-001-0160