NOT LISTED FOR SALE

Estimated Value: $3,112,560 - $3,867,000

5 Beds
5.5 Baths
3,282 Sq Ft
$1,060/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $1,851,550 $564 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $21,473/month

44 Days on Market

Highlights

  • Newly Remodeled
  • Maid or Guest Quarters
  • Main Floor Primary Bedroom
  • Key Biscayne K-8 Center Rated A-
  • Vaulted Ceiling
  • Garden View

About This Home

As of March 2014

REDUCED! VERY LARGE (3282 FT. UNDER A/C) HOME. IT CONSISTS OF 5 BD 5.5 BATHS, (ONE A MAID'S ROOM) THE HOME WAS REBUILT BY THE OWNER ARCHITECT IN 1997. HUGE GREAT ROOM, SEPARATE LIVING ROOM, FORMAL DINING, KITCHEN WITH GRANITE TOPS IS RELATIVELY NEW AND LARGE. HAS BEACH CLUB MEMBERSHIP. COPPER ROOF SECOND STORY. FRONT AND BACK PORCHES. VACANT AND EASY TO SHOW.

Last Listed By

Geraldine Morales

MMLS Assoc.-Inactive Member License #0360225 Listed on: 12/17/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,000

Year Built

  • Built in 1951 | Newly Remodeled

Lot Details

  • 7,673 Sq Ft Lot
  • East Facing Home
  • Property is zoned 10/S FM

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,282 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Blinds
  • Family Room
  • Formal Dining Room
  • Den
  • Ceramic Tile Flooring
  • Garden Views
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bidet
  • Jettted Tub and Separate Shower in Primary Bathroom

Parking

  • 2 Carport Spaces
  • Driveway
  • Guest Parking
  • Open Parking

Outdoor Features

  • Porch

Schools

  • Keybiscayne Elementary School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-001-2480

Community Details

Overview

  • No Home Owners Association
  • 5 & 6 55 42 Biscayne Key Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,000

Year Built

Built in 1951 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Directions: ENTER KEY BISCAYNE BY CRANDON BLVD., TURN RIGHT ON WEST MASHTA AND TURN RIGHT ON WOODCREST RD. HOUSE IS 2ND ON THE LEFT.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: 5 & 6 55 42 BISCAYNE KEY
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Built-in Features, Skylight, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 3282
  • Possible Use: Primary
  • Window Features: Skylight, Blinds
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters
  • Master Bathroom Features: Bidet, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 5 & 6 55 42 BISCAYNE KEY
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Guest

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities, Paved Road, Pool

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne

Lot Info

  • Parcel Number: 24-52-05-001-2480
  • Lot Size Sq Ft: 7673
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 18000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2013
Closed on
Mar 31, 2014
Sold by
Chamorro Edgar J and Chamorro Alexandra
Bought by
Morales Alvaro and Lombardo Juliana
Seller's Agent
Geraldine Morales
MMLS Assoc.-Inactive Member
Buyer's Agent
Juliana Lombardo
Brickell Investment Realty
List Price
$2,049,000
Sold Price
$1,851,550
Premium/Discount to List
-$197,450
-9.64%
Total Days on Market
44
Current Estimated Value
$3,477,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,625,840
Avg. Annual Appreciation
6.57%
Original Mortgage
$1,388,662
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 1997
Sold by
Eduardo and Chamorro Kattia
Bought by
Chamorro Edgar J and Chamorro Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Morales Alvaro $1,851,600 Attorney
Chamorro Edgar J $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Alvaro $1,500,000
Closed Morales Alvaro $1,388,662
Previous Owner Chamorro Edgar J $650,000
Previous Owner Chamorro Edgar J $323,385
Previous Owner Chamorro Edgar J $212,458
Previous Owner Chamorro Edgar J $200,000
Previous Owner Chamorro Edgar J $214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2014 03/31/14 Sold $1,851,550 -6.3% $564 / Sq Ft
01/31/2014 01/31/14 Pending -- -- --
01/21/2014 01/21/14 Price Changed $1,975,000 -3.6% $602 / Sq Ft
12/17/2013 12/17/13 For Sale $2,049,000 -- $624 / 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 $24,108 $1,507,322 -- --
2023 $24,108 $1,463,420 $0 $0
2022 $23,077 $1,420,797 $0 $0
2021 $23,130 $1,379,415 $0 $0
2020 $21,833 $1,360,370 $945,697 $414,673
2019 $23,491 $1,457,307 $0 $0
2018 $21,802 $1,399,552 $1,112,585 $286,967
2017 $25,323 $1,605,776 $0 $0
2016 $25,398 $1,572,749 $0 $0
2015 $25,769 $1,561,817 $0 $0
2014 $21,369 $1,086,792 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1882551

MIAMI REALTORS® MLS

APN: 24-5205-001-2480