NOT LISTED FOR SALE

Estimated Value: $2,413,000 - $2,585,000

3 Beds
3 Baths
2,470 Sq Ft
$1,014/mo HOA Fee

Last Sold October 11, 2022

Last sale price $2,351,000 $952 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $16,607/month

218 Days on Market

Highlights

  • Lake Front
  • Marble Flooring
  • Balcony
  • Key Biscayne K-8 Center Rated A-
  • Main Floor Primary Bedroom
  • 3-minute walk to Lake Park

About This Home

As of October 2022

Rarely available Lake Villa Lanai 3Bd extra large terrace
3 Bth
2,470 Sq.Ft
2 parking spaces inside ( #25 & #27)
Text Listing agent for video,matterport (floorplan in attachments )
Text for appointment and additional information

*special assessment paid quarterly till 2026 $2,302.85 by buyer*

Special assessment for:

-Replacement of Roofs –
-Envelope Repairs and Paint
-intensive maintenance to the elevators to keep them going for the next few
years.
-Pool Renovation Project is also included, furniture being replaced -landscaping being redone
-Lobby Renovation


Club dues quarterly $3041.85 ( $1,013.95 p/month )

Showings mon-Sunday between 9am-12:30pm

Last Agent to Sell the Property

Lucrecia Arana Lindemann

Destaca License #0668470 Listed on: 03/06/2022

Last Buyer's Agent

Brigitte Nachtigall

One Sotheby's International Realty License #0542022

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,026

Year Built

  • Built in 1996

HOA Fees

  • $1,014 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Interior Spaces

  • 2,470 Sq Ft Home
  • Lake Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Concrete
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

Schools

  • Keybiscayne Elementary School
  • Allapattah Middle School
  • Coral Glades High School

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Lake Front
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-050-0230

Community Details

Overview

  • Club Membership Required
  • Mid-Rise Condominium
  • Lake Villa 2 Condos
  • Lake Villa Two Condo Subdivision
  • 6-Story Property

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Maintenance Expense $4,134
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,026

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,014 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Property Sub Type: Condominium
  • Directions: Enter through second entrance
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: LAKE VILLA TWO CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Other Equipment/Appliances
  • Interior Amenities: Elevator, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Concrete, Marble
  • Furnished: Unfurnished
  • Living Area: 2470
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 6
  • Bedroom Features: Master Bedroom Ground Level

Exterior Features

  • View: Lake
  • Exterior Features: East Of Us1, Other, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Lake Villa 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Secured Garage/Parking, Other

Condo/Co-op/Association

  • Association Fee: 3041
  • Amenities: Other
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, None

Schools

  • Elementary School: Keybiscayne
  • High School: Coral Glades High
  • Middle Or Junior School: Allapattah

Lot Info

  • Parcel Number: 24-52-05-050-0230
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 4134

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 19026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2022
Closed on
Oct 11, 2022
Sold by
Rose Creek Global Corp
Bought by
Macias Alarcon Jaime F and Solorzano Macchiavello Maria
Seller's Agent
Lucrecia Arana Lindemann
Destaca
Buyer's Agent
Brigitte Nachtigall
One Sotheby's International Realty
List Price
$2,375,000
Sold Price
$2,351,000
Premium/Discount to List
-$24,000
-1.01%
Views
4
Current Estimated Value
$2,480,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,340
Avg. Annual Appreciation
2.38%

Purchase Details

Closed on
Mar 20, 2019
Sold by
Compania De Inversiones Mercantiles Sa
Bought by
Rose Creek Global Ltd

Purchase Details

Closed on
Jul 30, 2009
Sold by
Mauri Jaime
Bought by
Cimsa S A

Purchase Details

Closed on
Nov 21, 2005
Sold by
Estrada Alfred
Bought by
Mauri Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 3, 2000
Sold by
Carlos and Losciale Dolores
Bought by
Estrada Alfred

Purchase Details

Closed on
May 14, 1997
Sold by
Key Biscayne Ocean Club Ltd
Bought by
Losciale Carlos and Losciale Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,250
Interest Rate
8.2%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Macias Alarcon Jaime F $2,315,000 --
Rose Creek Global Ltd $1,635,000 Attorney
Cimsa S A $1,050,000 Attorney
Mauri Jaime $1,500,000 None Available
Estrada Alfred $650,000 --
Losciale Carlos $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mauri Jaime $1,200,000
Previous Owner Estrada Alfred $840,000
Previous Owner Losciale Carlos $401,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $2,351,000 -1.0% $952 / Sq Ft
03/06/2022 03/06/22 For Sale $2,375,000 -- $962 / 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
2024 $20,837 $1,379,173 -- --
2023 $20,837 $1,339,003 $0 $0
2022 $19,290 $1,201,095 $0 $0
2021 $19,026 $1,143,900 $0 $0
2020 $18,886 $1,143,900 $0 $0
2019 $21,037 $1,271,000 $0 $0
2018 $20,769 $1,296,821 $0 $0
2017 $25,330 $1,527,495 $0 $0
2016 $23,584 $1,388,632 $0 $0
2015 $22,943 $1,262,393 $0 $0
2014 $20,096 $1,147,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11170056

MIAMI REALTORS® MLS

APN: 24-5205-050-0230