NOT LISTED FOR SALE

Estimated Value: $314,446 - $464,000

2 Beds
2 Baths
1,000 Sq Ft
1979 Built

Last Sold October 31, 2014

Last sale price $155,000 $155 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $2,542/month

Highlights

  • Dock Available
  • Senior Community
  • No HOA
  • Above Ground Pool
  • Home fronts a canal
  • 1-minute walk to Dr Paul Vogel Community Park

About This Home

As of June 2020

Spectacular water view very large 2/2 1,000 sq’ unit on the 7nd floor . An exciting place to live and vacation in South Florida Very peaceful and serene perfect for 1 person or couple looking for peace and quiet. Tons of closet space with natural light and white tile flooring thro Onsi 1 space included . 1st month plus 2 security deposits. yes we accepy small pets. verifiable income credit score and employment necessary. Great location close to South Beach, the airport, Downtown and Aventura. Call today for a showing!

Last Agent to Rent the Property

Carlos Zendejas

Keller Williams Eagle Realty License #3403937 Listed on: 04/22/2020

Last Renter's Agent

Teo Palmieri

Elite Ocean View Realty LLC License #3066859

Elite Ocean View Realty LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,763

Year Built

  • Built in 1979

Lot Details

  • Home fronts a canal
  • Northeast Facing Home

Home Design

  • 1,000 Sq Ft Home

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • 1 Attached Carport Space

Outdoor Features

  • Above Ground Pool
  • Dock Available

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Property Available on 4/22/20
  • Assessor Parcel Number 23-32-09-027-0160

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • Magaluf Towers Condo
  • Magaluf Towers Condo Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,763

Year Built

Built in 1979

Lot Details

0

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2020-04-22

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1979
  • Property Sub Type: Condominium
  • Carport Y N: Yes
  • Garage Yn: No
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Structure Type: Apartments-Annual, Condo
  • Subdivision Name: MAGALUF TOWERS CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: Partially
  • Living Area: 1000
  • Other Equipment: Elevator

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Above Ground
  • Pool Private: No
  • View: No
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MAGALUF TOWERS CONDO
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Attached Carport

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Lot Info

  • Parcel Number: 23-32-09-027-0160
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2014
Closed on
Oct 31, 2014
Sold by
Bell James Richard
Bought by
Srinivasan Ravichandran and Ravichandran Shanthi
Seller's Agent
Jacqueline Branigan
Beachfront Realty Inc
Buyer's Agent
Jacqueline Branigan
Beachfront Realty Inc
List Price
$169,999
Sold Price
$155,000
Premium/Discount to List
-$14,999
-8.82%
Current Estimated Value
$391,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,754
Avg. Annual Appreciation
9.03%
Original Mortgage
$116,250
Outstanding Balance
$89,403
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$304,857

Purchase Details

Closed on
Mar 15, 1999
Sold by
Becker Catherine N
Bought by
Bell Joseph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.73%
Mortgage Type
New Conventional
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
Srinivasan Ravichandran -- Nu World Title Llc
Srinivasan Ravichandran $155,000 Nu World Title Llc
Bell Joseph H $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinivasan Ravichandran $116,250
Closed Srinivasan Ravichandran $116,250
Previous Owner Bell Joseph Howard $76,500
Previous Owner Bell Joseph H $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2020 06/01/20 Rented $1,650 -2.7% --
04/22/2020 04/22/20 For Rent $1,695 +5.9% --
12/12/2018 12/12/18 Rented $1,600 -5.6% --
10/17/2018 10/17/18 For Rent $1,695 -0.3% --
09/01/2015 09/01/15 Rented $1,700 0.0% --
08/02/2015 08/02/15 Under Contract -- -- --
07/08/2015 07/08/15 For Rent $1,700 0.0% --
10/31/2014 10/31/14 Sold $155,000 -8.8% $155 / Sq Ft
09/26/2014 09/26/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $169,999 -- $170 / 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 $4,763 $214,412 -- --
2024 $3,909 $194,920 -- --
2023 $3,909 $177,200 $0 $0
2022 $3,747 $170,940 $0 $0
2021 $3,495 $155,400 $0 $0
2020 $3,479 $155,393 $0 $0
2019 $3,581 $163,572 $0 $0
2018 $3,254 $151,456 $0 $0
2017 $3,677 $168,284 $0 $0
2016 $3,449 $160,270 $0 $0
2015 $3,284 $145,700 $0 $0
2014 $814 $76,636 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10848813

MIAMI REALTORS® MLS

APN: 23-3209-027-0160