NOT LISTED FOR SALE

Estimated Value: $499,000 - $858,000

2 Beds
2 Baths
1,290 Sq Ft
$914/mo HOA Fee

Last Sold April 02, 2020

Last sale price $455,000 $353 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,868/month

128 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Golf Course View
  • Coral Gables Preparatory Academy Rated A-
  • Intercom to Front Desk
  • Wood Flooring

About This Home

As of April 2020

Rarely on the market, 2/2 bath corner unit in David William Condominium on Biltmore Way! Magnificent & unique floor-to-ceiling windows provide an over the treetops view of the historic Biltmore Hotel in this impeccably renovated 6th floor unit. Cook's kitchen w/top-of-the line Wolf, Sub Zero & Miele appl, pantry, Sub-Zero wine refrigerator (73 bottle cap) w/2 refrigerator drawers. Elegant interior elements incl modern barn doors throughout, dark hardwood flrs, Hunter Douglas remote control blinds in all rooms, new California Closets in both bdrms, a partially covered balcony across from the kitchen. 2 covered parking spaces. Assc fees incl electric, cable, water. Amenities incl rooftop pool, deck, resident's gym. Short walk or Freebee ride away on Miracle Mile & in Downtown Coral Gables.

Last Agent to Sell the Property

Shawn Smith

Shelton and Stewart REALTORS License #3372512 Listed on: 10/15/2019

Shelton and Stewart REALTORS

Last Buyer's Agent

Shawn Smith

Shelton and Stewart REALTORS License #3372512 Listed on: 10/15/2019

Shelton and Stewart REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,043

Year Built

  • Built in 1963 | Remodeled

HOA Fees

  • $914 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Assigned Parking

Property Views

  • Golf Course
  • Skyline

Home Design

  • Entry on the 6th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,290 Sq Ft Home
  • Blinds
  • Intercom Access
  • Washer and Dryer Hookup

Kitchen

  • Gas Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-17-034-1020

Community Details

Overview

  • Mid-Rise Condominium
  • David William Hotel Condo
  • David William Hotel Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 12-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Community Center
  • Party Room
  • Laundry Facilities
  • Intercom to Front Desk
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,043

Year Built

Built in 1963 | Remodeled

Lot Details

0

HOA Fees

$914 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: DAVID WILLIAM HOTEL CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Ice Maker, Gas Range, Refrigerator
  • Interior Amenities: First Floor Entry, Elevator
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1290
  • Other Equipment: Intercom
  • Possible Use: Primary
  • Stories: 12
  • Window Features: Blinds
  • Bedroom Features: Entry Level

Exterior Features

  • View: Golf View, Other View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: DAVID WILLIAM HOTEL CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Assigned, Covered, Electric Vehicle Charging Station(s), No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Doorman, Card Entry, Fire Alarm, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 914
  • Amenities: Laundry, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 03-41-17-034-1020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 914

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Mar 26, 2020
Sold by
Webb Dale Chapman
Bought by
Fernandez Eduardo and Fernandez Gloria
Seller's Agent
Shawn Smith
Shelton and Stewart REALTORS
Buyer's Agent
Shawn Smith
Shelton and Stewart REALTORS
List Price
$520,000
Sold Price
$455,000
Premium/Discount to List
-$65,000
-12.5%
Current Estimated Value
$658,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,745
Avg. Annual Appreciation
5.53%
Original Mortgage
$250,000
Outstanding Balance
$220,777
Interest Rate
3.12%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$389,880

Purchase Details

Listed on
Sep 25, 2017
Closed on
Oct 20, 2017
Sold by
Grattan Patrick J
Bought by
Webb Dale Chapman
Seller's Agent
Richard Mercier
MMLS Assoc.-Inactive Member
Buyer's Agent
Dale Webb
MMLS Assoc.-Inactive Member
List Price
$479,000
Sold Price
$470,000
Premium/Discount to List
-$9,000
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.32%

Purchase Details

Listed on
Oct 16, 2015
Closed on
Dec 17, 2015
Sold by
Oliveira Jane M
Bought by
Grattan Patrick J
Seller's Agent
Margarita Lozano
RE/MAX Advance Realty II
Buyer's Agent
Richard Mercier
MMLS Assoc.-Inactive Member
List Price
$499,000
Sold Price
$455,000
Premium/Discount to List
-$44,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.78%

Purchase Details

Closed on
Jun 29, 2007
Sold by
Colleran Michael A and Colleran Susan
Bought by
Oliveira Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2005
Sold by
Gutierrez Gladys
Bought by
Colleran Michael A and Colleran Susan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,800
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 8, 2005
Sold by
Sumbono Joedo and Gutierrez Gladys
Bought by
Gutierrez Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,800
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 6, 1998
Sold by
Tirso and Ramirez Corina De J
Bought by
Sumbono Joedo and Sumbono Gladys G
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
Fernandez Eduardo $455,000 Attorney
Webb Dale Chapman $470,000 Union Title Services
Grattan Patrick J $455,000 Rte Title Company
Oliveira Jane M $415,000 Attorney
Colleran Michael A $411,000 --
Gutierrez Gladys -- --
Sumbono Joedo $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Eduardo $250,000
Previous Owner Oliveira Jane M $250,000
Previous Owner Colleran Michael A $328,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2020 04/02/20 Sold $455,000 -6.2% $353 / Sq Ft
02/19/2020 02/19/20 Price Changed $485,000 -2.9% $376 / Sq Ft
11/20/2019 11/20/19 Price Changed $499,500 -3.9% $387 / Sq Ft
10/15/2019 10/15/19 For Sale $520,000 +10.6% $403 / Sq Ft
10/20/2017 10/20/17 Sold $470,000 -1.9% $364 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
09/25/2017 09/25/17 For Sale $479,000 +5.3% $371 / Sq Ft
12/17/2015 12/17/15 Sold $455,000 -3.0% $353 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
11/17/2015 11/17/15 Price Changed $469,000 -6.0% $364 / Sq Ft
10/16/2015 10/16/15 For Sale $499,000 0.0% $387 / Sq Ft
07/23/2012 07/23/12 Rented $2,500 0.0% --
06/23/2012 06/23/12 Under Contract -- -- --
04/05/2012 04/05/12 For Rent $2,500 -- --
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 $5,696 $360,156 -- --
2024 $5,543 $350,006 -- --
2023 $5,543 $339,812 $0 $0
2022 $5,356 $329,915 $0 $0
2021 $5,331 $320,306 $0 $0
2020 $6,480 $339,724 $0 $0
2019 $7,210 $377,471 $0 $0
2018 $7,044 $377,471 $0 $0
2017 $5,589 $294,899 $0 $0
2016 $5,997 $310,420 $0 $0
2015 $6,110 $310,420 $0 $0
2014 $1,997 $136,917 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10756890

MIAMI REALTORS® MLS

APN: 03-4117-034-1020