NOT LISTED FOR SALE

Estimated Value: $1,974,000 - $2,484,298

3 Beds
4 Baths
3,104 Sq Ft
$705/Sq Ft Est. Value

Last Sold February 11, 2020

Last sale price $1,366,000 $440 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $13,160/month

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Marble Flooring
  • Sunset Elementary School Rated A
  • Gated Community
  • Garden View

About This Home

As of May 2020

Stunning luxurious 3BD/4BA plus bonus room townhouse in exclusive gated enclave of South Miami. This "A" model unit of 3,616 SF has the largest floor plan. Impeccable, light & bright townhome features spacious living spaces, gourmet kitchen with top-of-the-line appliances, including a gas range stove. Brand new pristine top-of-the-line Marble floors on main & lower level & high-end wood floors in all bedrooms. Home equipped w/ elevator, generator, high impact windows & French doors throughout, private plunge pool & patio w/ outdoor summer kitchen perfect for entertaining. Abundant storage, and 4 covered garage spaces. Upscale, fabulous prime location in the heart of South Miami, walk to the best schools, fine dining, shopping & entertainment.

Last Agent to Rent the Property

Jennifer Price

BHHS EWM Realty License #3415644 Listed on: 04/09/2020

BHHS EWM Realty

Last Renter's Agent

Randell Simpson

Simpson Associates of Florida License #0200293

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2010

Lot Details

  • 2,284 Sq Ft Lot
  • West Facing Home

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,104 Sq Ft Home
  • 3-Story Property
  • French Doors
  • Entrance Foyer
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Door Monitored By TV

Outdoor Features

  • In Ground Pool
  • Balcony
  • Outdoor Grill
  • Porch

Schools

  • Sunset Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 4/6/20
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 30-41-31-053-0050

Community Details

Overview

  • No Home Owners Association
  • Oak Lane Condos
  • Oak Lane Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Pet Policy

  • Breed Restrictions

Security

  • Gated Community
  • Complex Is Fenced
  • Walled
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Year Built

Built in 2010

Lot Details

2,284 Sq Ft Lot

Parking

4

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2020-04-06
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2010
  • Property Sub Type: Townhouse
  • Architectural Style: First Floor Entry, Multi Level
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse/Villa-Annual, Townhouse
  • Subdivision Name: OAK LANE
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Elevator, Fire Sprinklers, Entrance Foyer, French Doors
  • Spa Yn: No
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3104
  • Other Equipment: Automatic Garage Door Opener
  • Stories: 3
  • Window Features: Complete Impact Glass, High Impact Windows
  • Bedroom Features: Sitting Area - Master Bedroom, Master Bedroom Upstairs

Exterior Features

  • Roof: Flat Tile
  • View: Garden
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OAK LANE
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 2 Spaces, Covered, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Owned Burglar Alarm, Smoke Detector, Complex Fenced, TV Monitor, Walled

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated

Schools

  • Elementary School: Sunset
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 30-41-31-053-0050
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 2284
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Galia Pennekamp
Bought by
Gmmi Trust
Current Estimated Value
$2,189,825

Purchase Details

Closed on
Jun 30, 2021
Sold by
Merritt James A and Merritt Patricia C
Bought by
Revocable Living Trust Of Michael L Gerrard and Gerrard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,032,500
Interest Rate
2.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2019
Closed on
Feb 10, 2020
Sold by
Colson Melinda B
Bought by
Merritt James A and Merritt Patricia C
Seller's Agent
Monica Betancourt
Coldwell Banker Realty
Buyer's Agent
Jennifer Price
BHHS EWM Realty
List Price
$1,365,000
Sold Price
$1,366,000
Premium/Discount to List
$1,000
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%

Purchase Details

Closed on
Oct 21, 2010
Sold by
Oaklane 5700 Llc
Bought by
Colson Melnda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2010
Sold by
5700 Dev Llc
Bought by
Oaklane 5700 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gmmi Trust -- Sullivan Admire & Sullivan Pa
Revocable Living Trust Of Michael L Gerrard $1,600,000 Sfl Title
Merritt James A $1,366,000 Attorney
Colson Melnda B $875,000 Attorney
Oaklane 5700 Llc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Revocable Living Trust Of Michael L Gerrard $1,032,500
Previous Owner Colson Melnda B $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2020 05/18/20 Rented $6,800 -2.9% --
04/09/2020 04/09/20 For Rent $7,000 0.0% --
02/11/2020 02/11/20 Sold $1,366,000 +0.1% $440 / Sq Ft View Prior Sale
02/03/2020 02/03/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $1,365,000 -0.1% $440 / Sq Ft
01/07/2020 01/07/20 Off Market $1,366,000 -- --
01/07/2020 01/07/20 For Sale $1,365,000 -0.1% $440 / Sq Ft
12/09/2019 12/09/19 Off Market $1,366,000 -- --
12/09/2019 12/09/19 For Sale $1,365,000 -0.1% $440 / Sq Ft
11/11/2019 11/11/19 Off Market $1,366,000 -- --
09/04/2019 09/04/19 For Sale $1,365,000 -- $440 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $19,706 $1,233,754 -- --
2024 $19,259 $1,198,984 -- --
2023 $19,259 $1,164,063 $0 $0
2022 $18,666 $1,130,159 $0 $0
2021 $18,631 $1,054,200 $0 $0
2020 $18,685 $1,054,200 $0 $0
2019 $17,851 $1,004,200 $0 $0
2018 $9,389 $584,072 $0 $0
2017 $9,335 $572,059 $0 $0
2016 $9,339 $560,293 $0 $0
2015 $9,437 $556,399 $0 $0
2014 $9,565 $551,984 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10843689

MIAMI REALTORS® MLS

APN: 30-4131-053-0050

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