NOT LISTED FOR SALE

Estimated Value: $1,002,000 - $1,090,000

5 Beds
3 Baths
2,541 Sq Ft
$404/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $541,000 $213 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $7,000/month

54 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Wood Flooring
  • Indian Trace Elementary School Rated A
  • Ranch Style House
  • Tennis Courts

About This Home

As of May 2020

And just like a flowering bloom, this ranch style home at "Orchid Island" opens to show its cheerful presence. This waterfront ranch features a 10-year old tile roof, brand new exterior and interior paint, updated kitchen with new quartz counters and updated baths. This home is ideally situated on a corner lot with no adjoining neighbors on the lake-front side and room to build your custom pool. The benefits of living in this small and prestigious community include a manned gate, tennis courts and central location with easy access to parks, schools and shopping. *Select images have been virtually enhanced to show furniture placement*

Last Agent to Sell the Property

Alejandro (Alex) Perez

Coldwell Banker Realty License #3036858 Listed on: 03/14/2020

Coldwell Banker Realty

Last Buyer's Agent

Ingrid Trufant

United Realty Group Inc. License #3186454

United Realty Group Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,688

Year Built

  • Built in 1992

Lot Details

  • 0.27 Acre Lot
  • 80 Ft Wide Lot
  • Lake Front
  • North Facing Home

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Lake
  • Garden

Home Design

  • Ranch Style House
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,541 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Wood Flooring
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Patio

Schools

  • Indian Trace Elementary School
  • Tequesta Trace Middle School
  • Cypress Bay High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 503912011199

Community Details

Overview

  • Orchid Island,Orchid Island Subdivision
  • Mandatory home owners association
  • The community has rules related to no recreational vehicles or boats

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,688

Year Built

Built in 1992

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Ranch
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: ORCHID ISLAND,Orchid Island
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater
  • Interior Amenities: First Floor Entry, Built-in Features, Family Room
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Other, Wood
  • Furnished: Unfurnished
  • Living Area: 2541
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Family Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden, Lake, Water
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Disclosures: Disclosure
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio, Wrap Around
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ORCHID ISLAND
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Limited # Of Vehicle, No Rv/Boats

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 495
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Tennis Court(s), Gated Community, Mandatory Hoa, Private Roads, Sidewalks, Street Lights
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Indian Trace
  • High School: Cypress Bay
  • Middle Or Junior School: Tequesta Trace

Lot Info

  • Parcel Number: 503912011199
  • Lot Size Sq Ft: 11743
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11688

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2020
Closed on
May 20, 2020
Sold by
Gorny Leopoldo
Bought by
Scott David and Alvarez Ariadna
Seller's Agent
Alejandro (Alex) Perez
Coldwell Banker Realty
Buyer's Agent
Ingrid Trufant
United Realty Group Inc.
List Price
$550,000
Sold Price
$541,000
Premium/Discount to List
-$9,000
-1.64%
Current Estimated Value
$1,027,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,713
Avg. Annual Appreciation
13.25%
Original Mortgage
$553,443
Outstanding Balance
$496,817
Interest Rate
3.3%
Mortgage Type
VA
Estimated Equity
$546,811

Purchase Details

Closed on
Mar 18, 2013
Sold by
Gomy Sonia
Bought by
Gomy Leopoldo

Purchase Details

Closed on
Oct 14, 2003
Sold by
Guevara Ramon L and Guevara Ligia M
Bought by
Gorny Leopoldo and Gorny Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,800
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1992
Sold by
Available Not
Bought by
Available Not
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
Scott David $541,000 None Available
Gomy Leopoldo -- Attorney
Gorny Leopoldo $348,000 --
Available Not $171,257 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott David $553,443
Previous Owner Gorny Leopoldo $292,097
Previous Owner Gorny Leopoldo $100,000
Previous Owner Gorny Leopoldo $295,800
Previous Owner Guevara Ramon L $50,000
Previous Owner Guevara Ramon L $199,300
Previous Owner Guevara Ramon L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $541,000 -1.6% $213 / Sq Ft
03/14/2020 03/14/20 For Sale $550,000 -- $216 / 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 $15,338 $599,760 -- --
2024 $15,020 $582,860 -- --
2023 $15,020 $565,890 $0 $0
2022 $14,327 $549,410 $0 $0
2021 $14,015 $533,410 $117,430 $415,980
2020 $11,293 $528,790 $117,430 $411,360
2019 $11,688 $555,420 $117,430 $437,990
2018 $11,126 $538,300 $117,430 $420,870
2017 $6,874 $345,410 $0 $0
2016 $6,843 $338,310 $0 $0
2015 $6,947 $335,960 $0 $0
2014 $6,982 $333,300 $0 $0
2013 -- $411,330 $117,440 $293,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10833998

MIAMI REALTORS® MLS

APN: 50-39-12-01-1190