NOT LISTED FOR SALE

Estimated Value: $380,000 - $442,000

1 Bed
1 Bath
728 Sq Ft
$701/mo HOA Fee

Last Sold May 31, 2023

Last sale price $355,000 $488 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,351/month

6 Days on Market

Highlights

  • Doorman
  • Skyline View
  • Community Center
  • Coral Gables Preparatory Academy Rated A-
  • Community Pool
  • Courtyard

About This Home

As of May 2023

Wonderful Puerta de Palmas 1 bed / 1 bath condo with 2 parking spaces! Lovingly maintained, the apartment features granite countertops, stainless steel appliances, w/d and a walk-in closet. Puerta de Palmas is a boutique, European-style condominium at the historic Douglas Entrance in highly sought-after Coral Gables, offering a business center, fitness center, heated pool, club room and outdoor plaza. Basic cable and internet are included in the monthly dues. One time special assessment of $845 to be paid at closing.

Last Agent to Sell the Property

Felipe Hofstatter

United Realty Group Inc License #3317354 Listed on: 03/24/2023

United Realty Group Inc

Last Buyer's Agent

Maria Isabel Salum

One Sotheby's International Realty License #3338536

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,329

Year Built

  • Built in 2007

HOA Fees

  • $701 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 728 Sq Ft Home
  • Ceramic Tile Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Courtyard
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-114-1600

Community Details

Overview

  • High-Rise Condominium
  • Puerta De Palmas Condo
  • Puerta De Palmas Condo Subdivision
  • 17-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Community Center
  • Party Room

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,329

Year Built

Built in 2007

Lot Details

0

HOA Fees

$701 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PUERTA DE PALMAS CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 728
  • Possible Use: Primary
  • Stories: 17
  • Bedroom Features: None

Exterior Features

  • View: Skyline
  • Exterior Features: Barbeque, Courtyard
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PUERTA DE PALMAS CONDO
  • 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: Doorman

Condo/Co-op/Association

  • Association Fee: 701
  • Amenities: Barbecue, Community Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 03-41-08-114-1600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2017
Closed on
Apr 30, 2018
Sold by
Chaves Claudia M and Hartman Claudia M C
Bought by
Schooley Ryan Christopher and Schooley Thomas Edward
Seller's Agent
Vanessa Defreitas-Hansen
Coldwell Banker Realty
Buyer's Agent
Felipe Hofstatter
United Realty Group Inc
List Price
$269,800
Sold Price
$250,000
Premium/Discount to List
-$19,800
-7.34%
Current Estimated Value
$404,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,025
Avg. Annual Appreciation
6.65%
Original Mortgage
$90,000
Outstanding Balance
$78,317
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$317,538

Purchase Details

Closed on
Aug 24, 2007
Sold by
Urban Development 1 Llc
Bought by
Giraldo Sergio R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,700
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving
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
Schooley Ryan Christopher $250,000 Attorney
Giraldo Sergio R $238,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schooley Ryan Christopher $90,000
Closed Schooley Ryan Christopher $90,000
Previous Owner Chaves Claudia M $15,000
Previous Owner Giraldo Sergio R $35,700
Previous Owner Giraldo Sergio R $190,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $355,000 +5.3% $488 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $337,000 +34.8% $463 / Sq Ft
05/03/2018 05/03/18 Sold $250,000 -7.3% $343 / Sq Ft
04/22/2018 04/22/18 For Sale $269,800 0.0% $371 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/19/2018 03/19/18 Price Changed $269,800 0.0% $371 / Sq Ft
01/20/2018 01/20/18 Price Changed $269,900 -1.9% $371 / Sq Ft
11/30/2017 11/30/17 For Sale $275,000 +27.9% $378 / Sq Ft
06/04/2013 06/04/13 Sold $215,000 -6.5% $295 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $230,000 -- $316 / 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 $4,894 $308,323 -- --
2023 $4,894 $246,114 $0 $0
2022 $4,329 $223,740 $0 $0
2021 $3,897 $203,400 $0 $0
2020 $3,908 $203,430 $0 $0
2019 $4,078 $211,906 $0 $0
2018 $4,065 $216,231 $0 $0
2017 $2,831 $188,203 $0 $0
2016 $2,818 $184,333 $0 $0
2015 $2,849 $183,052 $0 $0
2014 $2,886 $181,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11361726

MIAMI REALTORS® MLS

APN: 03-4108-114-1600