NOT LISTED FOR SALE

Estimated Value: $3,558,440 - $5,171,000

4 Beds
5 Baths
3,685 Sq Ft
$1,139/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $1,450,000 $393 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $24,871/month

13 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Main Floor Bedroom
  • Sunset Elementary School Rated A
  • Old Spanish Architecture
  • Pool View

About This Home

As of April 2016

Amazing Mediterranean style Coral Gables Estate! Prime corner lot on Granada and Sunset on 15,000 SQFT. Spacious 4 bed, 5 bath (3/3 2nd fl and 1/2 on 1st fl). Imported "Saltillo" floors in main area, light wood on 2nd fl., Formal living rm w/fireplace, formal dining room, remodeled kitchen w/eat in kitchen area that opens up to family room. Entertainers delight with the wonderful screened pool area, built in bar and access to 2nd fl balcony! Diesel generator, accordian shutters, and impact windows a plus!

Last Agent to Sell the Property

Michelle Rojas

Cervera Real Estate Inc. License #0613555 Listed on: 02/18/2016

Cervera Real Estate Inc.

Co-Listed By

Joan Veliz

DecoNova International Group License #3296467

Last Buyer's Agent

Kathrin Rein

Keller Williams Miami Beach License #3249771

Keller Williams Miami Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,243

Year Built

  • Built in 1981

Lot Details

  • 0.34 Acre Lot
  • North Facing Home
  • Fenced
  • Property is zoned R-9

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Old Spanish Architecture
  • Barrel Roof Shape

Interior Spaces

  • 3,685 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Pool Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Clay

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 5 Full Bathrooms
  • Bidet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Coral Gables Riviera Pt 0 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-41-29-028-0630

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,243

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Old Spanish
  • Co List Office Mls Id: KWCG01
  • Co List Office Phone: 305-662-7325
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Coral Gables Riviera Pt 0
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, French Doors, Walk-In Closet(s), Family Room
  • Spa Yn: No
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Clay, Wood
  • Furnished: Unfurnished
  • Living Area: 3685
  • Possible Use: Primary
  • Window Features: High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room
  • Master Bathroom Features: Bidet, Combination Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Pool
  • Exterior Features: Lighting, Open Balcony
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground, Screen Enclosure
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Coral Gables Riviera Pt 0
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-41-29-028-0630
  • Lot Size Sq Ft: 15000
  • Zoning: R-9
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 13243

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
Apr 1, 2016
Sold by
Recio Ricardo B and Recio Adma I
Bought by
Racho Michel
Seller's Agent
Michelle Rojas
Cervera Real Estate Inc.
Buyer's Agent
Kathrin Rein
Keller Williams Miami Beach
List Price
$1,550,000
Sold Price
$1,450,000
Premium/Discount to List
-$100,000
-6.45%
Current Estimated Value
$4,196,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,746,860
Avg. Annual Appreciation
11.94%
Original Mortgage
$2,000,000
Outstanding Balance
$1,591,101
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$2,605,759

Purchase Details

Closed on
Apr 13, 1994
Sold by
Padron Cristina and Padron Carlos E
Bought by
Recio Ricardo B and Recio Adma I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.47%
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
Racho Michel $1,450,000 Attorney
Recio Ricardo B $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Racho Michel $2,000,000
Previous Owner Recio Ricardo B $180,000
Previous Owner Recio Ricardo B $700,000
Previous Owner Recio Ricardo B $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $1,450,000 -6.5% $393 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $1,550,000 -- $421 / 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 $24,579 $1,427,676 -- --
2024 $23,983 $1,387,441 -- --
2023 $23,983 $1,347,031 $0 $0
2022 $23,248 $1,307,798 $0 $0
2021 $23,195 $1,269,707 $0 $0
2020 $22,930 $1,252,177 $750,000 $502,177
2019 $26,466 $1,436,019 $930,000 $506,019
2018 $27,301 $1,514,861 $1,005,000 $509,861
2017 $25,963 $1,383,703 $0 $0
2016 $13,089 $722,205 $0 $0
2015 $13,243 $717,185 $0 $0
2014 $13,422 $711,494 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10036159

MIAMI REALTORS® MLS

APN: 03-4129-028-0630