NOT LISTED FOR SALE

Estimated Value: $2,995,778 - $3,372,000

4 Beds
4 Baths
4,002 Sq Ft
$788/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $2,045,000 $511 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $18,895/month

25 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Marble Flooring
  • South Miami K-8 Center Rated A-
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of May 2021

This stunning Randall Stofft-designed 4,676SF home is nestled within a gated, lushly landscaped 23,838SF lot backing the famous "Ludlam Trail” - a 6 mile world-class linear park for runners, walkers and cyclists. Open floorplan ideal for families and entertaining! Dramatic grand foyer featuring 16 foot ceilings and a formal living with outdoor views. Formal dining room with wet bar, open floor plan family room, wood-burning fireplace and eat-in kitchen with top-of-the line appliances and breakfast area. Split-plan features five bedrooms+office with four full bathrooms including a large Primary suite and bath. Backyard is an oasis with a resort-style pool, ample green grounds and covered terrace. Impact windows and doors throughout. Three car garage.

Last Agent to Sell the Property

Jennifer Goldstein

Douglas Elliman License #3331229 Listed on: 02/11/2021

Douglas Elliman

Co-Listed By

Pietro Belmonte

Douglas Elliman License #3197184

Last Buyer's Agent

Jennifer Goldstein

Douglas Elliman License #3331229 Listed on: 02/11/2021

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,026

Year Built

  • Built in 2008

Lot Details

  • 0.55 Acre Lot
  • West Facing Home
  • Property is zoned 2100

Parking

  • 3 Car Attached Garage
  • Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Studio
  • Tile Roof
  • Stone

Interior Spaces

  • 4,002 Sq Ft Home
  • Wet Bar
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Family Room
  • Formal Dining Room
  • Den
  • Storage Room
  • Dryer
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • In Ground Pool
  • Deck

Schools

  • South Miami Elementary And Middle School
  • South Miami High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Palm Miami Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-26-013-0181

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,026

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Mediterranean
  • Co List Office Mls Id: DEOM09
  • Co List Office Phone: 305-695-6070
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: PALM MIAMI AMD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range
  • Interior Amenities: Bar, French Doors, Split Bedroom, Vaulted Ceiling(s), Volume Ceilings, Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Storage, Studio Apartment
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Terrazzo, Wood
  • Furnished: Unfurnished
  • Living Area: 4002
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room, Storage Room, Studio Apartment
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden, Pool
  • Exterior Features: Fruit Trees
  • Construction Type: Stone
  • Direction Faces: West
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PALM MIAMI AMD
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: South Miami
  • High School: South Miami
  • Middle Or Junior School: South Miami

Lot Info

  • Parcel Number: 30-40-26-013-0181
  • Lot Size Sq Ft: 23838
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 15026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
May 25, 2021
Sold by
Habib Ghassan T and Habib Odette A
Bought by
Algaze Alejandro and Algaze Claudia
Seller's Agent
Jennifer Goldstein
Douglas Elliman
Buyer's Agent
Jennifer Goldstein
Douglas Elliman
List Price
$2,149,000
Sold Price
$2,045,000
Premium/Discount to List
-$104,000
-4.84%
Current Estimated Value
$3,153,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,108,945
Avg. Annual Appreciation
10.27%
Original Mortgage
$1,360,000
Outstanding Balance
$1,225,934
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,928,011

Purchase Details

Closed on
Nov 12, 2014
Sold by
Tif Colonnade Llc
Bought by
Habib Ghassan T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 9, 2006
Sold by
Habib Ghassan T and Habib Odette A
Bought by
Habib Ghassan T and Habib Odette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$763,000
Interest Rate
6.68%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 26, 1996
Sold by
Leitch Patrick D and Leitch Wendy Slayton
Bought by
Habib Ghassan T
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Algaze Alejandro $2,045,200 Attorney
Habib Ghassan T $275,000 Attorney
Habib Ghassan T -- Attorney
Habib Ghassan T $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Algaze Alejandro $1,360,000
Previous Owner Habib Ghassan T $125,000
Previous Owner Habib Ghassan T $763,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $2,045,000 -4.8% $511 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $2,149,000 -- $537 / 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 $28,645 $1,738,247 -- --
2024 $27,831 $1,689,259 -- --
2023 $27,831 $1,640,058 $0 $0
2022 $26,959 $1,592,290 $0 $0
2021 $15,193 $875,547 $0 $0
2020 $15,026 $863,459 $0 $0
2019 $14,722 $844,046 $0 $0
2018 $14,069 $828,309 $0 $0
2017 $13,969 $811,273 $0 $0
2016 $13,944 $794,587 $0 $0
2015 $14,123 $789,064 $0 $0
2014 $14,308 $782,802 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10995769

MIAMI REALTORS® MLS

APN: 30-4026-013-0181