NOT LISTED FOR SALE

698 Fernwood Rd #B Key Biscayne, FL 33149

Estimated Value: $2,145,000 - $2,644,000

3 Beds
3 Baths
2,460 Sq Ft
$998/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $1,650,000 $671 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $14,998/month

252 Days on Market

Highlights

  • Wood Flooring
  • Garden View
  • Den
  • Key Biscayne K-8 Center Rated A-
  • No HOA
  • 3-minute walk to Lake Park

About This Home

As of July 2021

ELEVATED , LARGE and EXCELLENT LOCATION , 2460 sqf u/AC . IDEAL FOR A BIG FAMILY.
Close to Beach ,KBCS, Community Center, Park, shops and restaurants. All walking distance!
3 Bedroom, 3 bathroom plus maids quarter and DEN- Nice barbecue area and private yard (big enough to make a pool). On the first floor very cozy living room, bright open kitchen to a dining and TV area. Separate laundry room, maids quarter and DEN. On the second floor , 2 rooms (facing W and backyard), a nice size bathroom and a HUGE master bedroom with a balcony facing E ( morning sun). Large walking closet and bathroom .

Last Agent to Sell the Property

Maria Rocio Cernadas

One Sotheby's International Realty License #3219521 Listed on: 09/01/2020

One Sotheby's International Realty

Last Buyer's Agent

Antonio Araujo

MMLS Assoc.-Inactive Member License #3405730

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,277

Year Built

  • Built in 1998

Lot Details

  • East Facing Home
  • Property is zoned 5700

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Aluminum Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,460 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Den
  • Wood Flooring
  • Garden Views
  • Partial Accordion Shutters
  • Washer

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Fernwood West Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-052-0020

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,277

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Twin Homes
  • Directions: Actual Address is 696 Fernwood Rd. Second home from corner of Fernwood and Westwood. Crandron to Westwood, turn right . First street is Fernwood, turn right. 696 Fernwood is second house on left.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: FERNWOOD WEST CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer
  • Interior Amenities: Other, Den/Library/Office, Family Room, Separate Guest/In-Law Quarters
  • Spa Yn: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 2460
  • Possible Use: Unknown/Withheld
  • Window Features: Partial Accordian Shutters, Partial Panel Shutters/Awnings, Other Windows
  • Bedroom Features: Master Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Family Room, Separate Guest/In-Law Quarters
  • Master Bathroom Features: Bidet, Combination Tub & Shower, Dual Sinks

Exterior Features

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

Garage/Parking

  • Park Building Name: FERNWOOD WEST CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-052-0020
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 22277

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Jul 2, 2021
Sold by
Figucroa Julio and Yacobino Figueroa Nora
Bought by
Echavarria Andrea
Seller's Agent
Maria Rocio Cernadas
One Sotheby's International Realty
Buyer's Agent
Antonio Araujo
MMLS Assoc.-Inactive Member
List Price
$1,650,000
Sold Price
$1,650,000
Current Estimated Value
$2,454,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$804,285
Avg. Annual Appreciation
9.38%
Original Mortgage
$1,402,500
Outstanding Balance
$1,273,716
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$1,180,569

Purchase Details

Closed on
Jan 12, 2017
Sold by
Figueroa Julio
Bought by
Figueroa Julio and Yacobino Figueroa Nora Liliana

Purchase Details

Closed on
Nov 20, 2015
Sold by
Figueroa Julio and Yacobino Figueroa Nora Liliana
Bought by
Figueroa Julio

Purchase Details

Closed on
Dec 15, 2014
Sold by
Padovan Paola and Hall Donnie E
Bought by
Figueroa Julio and Figueroa Nora Liliana Yacobino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,071,920
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2005
Sold by
Hansen Susana
Bought by
Padovan Paola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 13, 2004
Sold by
Valenzuela Santiago and Valenzuela Laura Blaquier
Bought by
Hansen Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 5, 2002
Sold by
Roberto Cortes I
Bought by
Marquez Manuel I and Marquez Elaine W

Purchase Details

Closed on
Jun 25, 2001
Sold by
Decastro Lopo A J
Bought by
Valenzuela Santiago and Valenzuela Laura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
7.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 1999
Sold by
Cito Carlos and Pestana Gloria Gomes
Bought by
Cortes Roberto and Cortes Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,800
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 1996
Sold by
Kathleen Nancy P R
Bought by
Cito Carlos and Gomes Pestana Gloria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Echavarria Andrea $1,650,000 Attorney
Figueroa Julio -- Attorney
Figueroa Julio -- Attorney
Figueroa Julio $1,545,000 Attorney
Padovan Paola $770,000 --
Hansen Susana $770,000 --
Marquez Manuel I $590,000 --
Valenzuela Santiago $545,000 --
Cortes Roberto $420,000 --
Cito Carlos $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Echavarria Andrea $1,402,500
Previous Owner Figueroa Julio $1,071,920
Previous Owner Padovan Paola $350,000
Previous Owner Hansen Susana $550,000
Previous Owner Cito Carlos $322,700
Previous Owner Cito Carlos $410,000
Previous Owner Cito Carlos $376,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2021 07/02/21 Sold $1,650,000 -1.5% $671 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
03/11/2021 03/11/21 Price Changed $1,675,000 +1.5% $681 / Sq Ft
08/14/2020 08/14/20 For Sale $1,650,000 -- $671 / 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 $25,050 $1,453,542 -- --
2024 $24,745 $1,412,578 -- --
2023 $24,745 $1,371,435 $0 $0
2022 $21,552 $1,331,491 $0 $0
2021 $21,000 $1,217,000 $0 $0
2020 $19,335 $1,170,150 $0 $0
2019 $22,277 $1,345,000 $0 $0
2018 $23,958 $1,494,991 $0 $0
2017 $24,163 $1,494,991 $0 $0
2016 $22,501 $1,359,083 $0 $0
2015 $21,290 $1,258,410 $0 $0
2014 $13,217 $762,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10920268

MIAMI REALTORS® MLS

APN: 24-5205-052-0020