NOT LISTED FOR SALE

670 Solano Prado Coral Gables, FL 33156

Gables Estates Neighborhood

Estimated Value: $8,524,000 - $16,381,212

7 Beds
6.5 Baths
7,096 Sq Ft
$1,755/Sq Ft Est. Value

Last Sold March 28, 2016

Last sale price $5,995,000 $845 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $75,173/month

244 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Gated Community
  • Sunset Elementary School Rated A
  • In Ground Pool
  • Waterfront

About This Home

As of March 2016

Understated elegance defines this custom waterfront estate on 32,246 sf lot, among the largest in gated Old CutlerBay.300+ ft seawall/no bridges to Bay.European garden entrance ct.Formal & informal living & entertaining areas open to terrace spanning the back of home,w/an expansive view of the wide waterway.7 bdrms + a richly outfitted executive office also open to terr.Master ste sitting area,terr & 2 walk ins.Staff qrtrs by kit.All impact,highest end finishes/materials. Sq. Ft. as per Tax/Realist.

Last Agent to Sell the Property

Tere Shelton Bernace

Shelton and Stewart REALTORS License #3218871 Listed on: 04/15/2015

Shelton and Stewart REALTORS

Co-Listed By

Teresita Shelton

MMLS Assoc.-Inactive Member License #3218872

Last Buyer's Agent

Toni Schrager

Brown Harris Stevens License #0403145

Brown Harris Stevens

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,637

Year Built

  • Built in 2001

Lot Details

  • 0.74 Acre Lot
  • 300 Ft Wide Lot
  • Waterfront
  • Northeast Facing Home
  • Fenced
  • Property is zoned 10/S FM

Parking

  • 3 Car Attached Garage
  • Paver Block

Property Views

  • Canal
  • Garden

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,096 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Private Dock
  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-51-05-005-0280

Community Details

Overview

  • No Home Owners Association
  • 5&6 55 41 Old Cutler Bay Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,637

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: 5&6 55 41 OLD CUTLER BAY
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Entrance Foyer, French Doors, Laundry Tub, Walk-In Closet(s), Den/Library/Office, Family Room, Utility Room/Laundry
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 7096
  • Possible Use: Unknown/Withheld
  • Window Features: Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Tile
  • View: Canal, Garden
  • Exterior Features: Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • 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 Features: Ocean Access, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 5&6 55 41 OLD CUTLER BAY
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Paver Block

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-51-05-005-0280
  • Lot Size Sq Ft: 32246
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 52637

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2015
Closed on
Mar 28, 2016
Sold by
Cabrera Jorge M and Cabrera Maria Eiroa
Bought by
Cil Jose Eduardo and Cil Annette G C
Seller's Agent
Tere Shelton Bernace
Shelton and Stewart REALTORS
Buyer's Agent
Toni Schrager
Brown Harris Stevens
List Price
$6,950,000
Sold Price
$5,995,000
Premium/Discount to List
-$955,000
-13.74%
Current Estimated Value
$12,452,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,457,606
Avg. Annual Appreciation
7.00%
Original Mortgage
$4,000,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 28, 1996
Sold by
Ignacio and Duarte Stella
Bought by
Cabrera Jorge M and Cabrera Maria E
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
Cil Jose Eduardo $5,995,000 Attorney
Cabrera Jorge M $955,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cil Annette G $3,000,000
Closed Cil Jose Eduardo $1,003,000
Closed Cill Jose Eduardo $1,400,000
Closed Cil Jose Eduardo $4,000,000
Previous Owner Cabrera Jorge M $1,000,000
Previous Owner Cabrera Jorge M $900,000
Previous Owner Cabrera Jorge M $880,000
Previous Owner Cabrera Jorge M $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2016 03/28/16 Sold $5,995,000 -11.2% $845 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
06/17/2015 06/17/15 Price Changed $6,749,000 -2.9% $951 / Sq Ft
04/15/2015 04/15/15 For Sale $6,950,000 -- $979 / 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 $105,928 $5,769,202 -- --
2024 $103,367 $5,606,611 -- --
2023 $103,367 $5,443,312 $0 $0
2022 $100,405 $5,284,769 $0 $0
2021 $99,290 $5,080,597 $0 $0
2020 $95,982 $4,891,384 $0 $0
2019 $94,136 $4,781,412 $0 $0
2018 $90,213 $4,692,260 $0 $0
2017 $92,013 $4,728,855 $0 $0
2016 $52,050 $2,568,264 $0 $0
2015 $52,601 $2,550,412 $0 $0
2014 $52,638 $2,530,171 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tere Shelton Bernace

    Seller's Agent in 2016

    Tere Shelton Bernace

    Shelton and Stewart REALTORS

    (305) 607-7212

    5 in this area

    94 Total Sales

    Tere Shelton Bernace
    Section Image

  • T

    Seller Co-Listing Agent in 2016

    Teresita Shelton

    MMLS Assoc.-Inactive Member

    Section Image
  • Toni Schrager

    Buyer's Agent in 2016

    Toni Schrager

    Brown Harris Stevens

    (305) 338-9000

    6 in this area

    72 Total Sales

    Toni Schrager
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2101852

MIAMI REALTORS® MLS

APN: 03-5105-005-0280

Florida Miami/Dade County Coral Gables 33156 Gables Estates

670 Solano Prado, Coral Gables, FL

This home is located at 670 Solano Prado, Coral Gables, FL 33156 since 15 April 2015 and is currently estimated at $12,452,606, approximately $1,754 per square foot. This property was built in 2001. 670 Solano Prado is a home located in Miami-Dade County with nearby schools including Sunset Elementary School, Ponce de Leon Middle School, and Coral Gables 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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