NOT LISTED FOR SALE

698 Fernwood Rd Unit B Key Biscayne, FL 33149

Village of Key Biscayne Neighborhood

Estimated Value: $1,864,000 - $2,628,000

4 Beds
4 Baths
2,623 Sq Ft
$910/Sq Ft Est. Value

Last Sold December 15, 2014

Last sale price $1,545,000 $589 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $14,696/month

315 Days on Market

Highlights

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

About This Home

As of December 2014

ACTUAL ADDRESS IS 696 FERNWOOD. ELEVATED, DETACHED, REMODELED! 4 BEDROOM 4 BATH PLUS SEPARATE OFFICE, LAUNDRY ROOM, AND LARGE STORAGE ROOM. NEW KITCHEN WITH ALL STAINLESS STEEL KITCHENAID APPLIANCES. CERAMIC FLOORS DOWNSTAIRS, BRAZILIAN CHERRY WOOD UPSTA IRS. HUGE MASTER BEDROOM WITH LARGE WALK-IN CLOSET AND PRIVATE BALCONY. TONS OF STORAGE! ELEVATED BACK YARD WITH TOTAL PRIVACY + LARGE, HEATED SPA. IDEAL FOR LARGE FAMILY! Can be shown as of December 15th.

Last Agent to Sell the Property

Paola Padovan

Padovan Realty Corp. License #3005802 Listed on: 12/09/2013

Last Buyer's Agent

Maria Rocio Cernadas

One Sotheby's International Realty License #3219521

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,578

Year Built

  • Built in 1998

Lot Details

  • 4,500 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 57/GENER

Home Design

  • Aluminum Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,623 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • French Doors
  • Family Room
  • Storage Room
  • Garden Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • Driveway
  • Open Parking
  • Golf Cart Parking

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Utilities

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

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

$8,578

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: ACTUAL ADDRESS IS 696 FERNWOOD ROAD. SECOND HOME FROM CORNER OF FERNWOOD AND WEST WOOD. CRANDON TO WEST WOOD, TURN RIGHT. FIRST STREET IS FERNWOOD, TURN RIGHT. 696 FERNWOOD IS SECOND HOUSE ON LEFT.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • 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, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, French Doors, Walk-In Closet(s), Family Room, Maid/In-Law Quarters, Storage, Utility Room/Laundry
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 2623
  • Possible Use: Secondary
  • Bedroom Features: Primary Bedroom Upstairs
  • Living Room Features: Family Room, Maid/In-Law Quarters, Storage Room, Utility Room/Laundry

Exterior Features

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

Garage/Parking

  • Park Building Name: FERNWOOD WEST CONDO
  • Open Parking: Yes
  • Parking Features: Driveway, Golf Cart Parking

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
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Owned Burglar Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-052-0020
  • Lot Size Sq Ft: 4500
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 8578

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2021
Sold by
Figucroa Julio and Yacobino Figueroa Nora
Bought by
Echavarria Andrea
Total Days on Market
315
Current Estimated Value
$2,387,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,402,500
Outstanding Balance
$1,279,178
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$1,144,244

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

Listed on
Dec 9, 2013
Closed on
Dec 15, 2014
Sold by
Padovan Paola and Hall Donnie E
Bought by
Figueroa Julio and Figueroa Nora Liliana Yacobino
Seller's Agent
Paola Padovan
Padovan Realty Corp.
Buyer's Agent
Maria Rocio Cernadas
One Sotheby's International Realty
List Price
$1,699,000
Sold Price
$1,545,000
Premium/Discount to List
-$154,000
-9.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
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:

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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
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 Marquez Elaine W $270,000
Previous Owner Padovan Paola I $65,000
Previous Owner Padovan Paola $934,500
Previous Owner Padovan Paola $300,000
Previous Owner Padovan Paola $350,000
Previous Owner Marquez Manuel I $100,000
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 Change Sq Ft Price
12/15/2014 12/15/14 Sold $1,545,000 -9.1% $589 / Sq Ft
10/13/2014 10/13/14 Price Changed $1,699,000 0.0% $648 / Sq Ft
10/13/2014 10/13/14 For Sale $1,699,000 +10.0% $648 / Sq Ft
05/06/2014 05/06/14 Off Market $1,545,000 -- --
04/07/2014 04/07/14 Price Changed $1,599,000 -5.9% $610 / Sq Ft
04/03/2014 04/03/14 For Sale $1,699,000 +10.0% $648 / Sq Ft
01/16/2014 01/16/14 Off Market $1,545,000 -- --
01/13/2014 01/13/14 Price Changed $1,699,000 -5.6% $648 / Sq Ft
12/09/2013 12/09/13 For Sale $1,799,000 -- $686 / 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

  • Paola Padovan

    Seller's Agent in 2014

    Paola Padovan

    Padovan Realty Corp.

    (305) 915-4044

    7 in this area

    50 Total Sales

    Paola Padovan
    Section Image
  • Maria Rocio Cernadas

    Buyer's Agent in 2014

    Maria Rocio Cernadas

    One Sotheby's International Realty

    (305) 365-2811

    8 in this area

    23 Total Sales

    Maria Rocio Cernadas
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1879058

MIAMI REALTORS® MLS

APN: 24-5205-052-0020

Florida Miami/Dade County Key Biscayne 33149 Village of Key Biscayne

698 Fernwood Rd Unit B, Key Biscayne, FL

This home is located at 698 Fernwood Rd Unit B, Key Biscayne, FL 33149 since 09 December 2013 and is currently estimated at $2,387,422, approximately $910 per square foot. This property was built in 1998. 698 Fernwood Rd Unit B is a home located in Miami-Dade County with nearby schools including Key Biscayne K-8 Center, 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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