NOT LISTED FOR SALE

Estimated Value: $4,578,000 - $5,770,000

4 Beds
6 Baths
4,704 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $1,620,000 $344 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $29,795/month

23 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Property Fronts a Bay or Harbor
  • Pinecrest Elementary School Rated A
  • Boat Lift
  • Canal View

About This Home

As of February 2014

Waterfront home w/great possibilities: 4704 sq.ft, no bridges, steps to the bay! Waterfront & garden views from the moment you enter thru a sketched glass wooden door to foyer. Step-down LR accented w/enclaves, crown molding & fireplace. Kitchen needs ren ovation & redesigning. Italian tiles & hardwood flrs. throughout. Bathroom mirrored w/marble flrs. & walls. 3/3/ 400 sq.ft. game rm. + fam.rm. upstairs, 1/1 staff rm. downstairs. 40 ft. dock & davits. Bring your imagination & create your dream home!

Last Agent to Sell the Property

Tanya Baboun

MMLS Assoc.-Inactive Member License #3053238 Listed on: 02/04/2014

Last Buyer's Agent

Tanya Baboun

MMLS Assoc.-Inactive Member License #3053238 Listed on: 02/04/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,943

Year Built

  • Built in 1973

Lot Details

  • 0.28 Acre Lot
  • 120 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • North Facing Home
  • Property is zoned 10/S FM

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Flat Roof with Façade front
  • Slate Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,704 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Single Hung Metal Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • Canal Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Property has ocean access
  • No Fixed Bridges
  • Boat Lift
  • Private Dock
  • Patio

Location

  • East of U.S. Route 1

Schools

  • Pinecrest Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 17 18 55 41 Coral Bay Sec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-51-18-006-0780

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,943

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: OLD CUTLER RD TO 128 ST & GABLES BY THE SEA GATED ENTRY, E PAST FIRST STOP SIGN, FIRST RIGHT, FOLLOW TO HOME.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: 17-18 55 41 CORAL BAY SEC
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Second Floor Entry, Entrance Foyer, Pantry, Walk-In Closet(s), Family Room, Recreation Room
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor, Marble
  • Furnished: Unfurnished
  • Living Area: 4704
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Single Hung Metal
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Family Room, Recreation Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Roof With Facade Front, Slate
  • View: Canal, Water
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, East Of US 1
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Canal Front, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 17-18 55 41 CORAL BAY SEC
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Other

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Pinecrest
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 03-51-18-006-0780
  • Lot Size Sq Ft: 12000
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 15943

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2014
Closed on
Feb 28, 2014
Sold by
Baboun Rudolph and Baboun Tanya
Bought by
Lima Peter and Lima Yvonne P
Seller's Agent
Tanya Baboun
MMLS Assoc.-Inactive Member
Buyer's Agent
Tanya Baboun
MMLS Assoc.-Inactive Member
List Price
$1,699,000
Sold Price
$1,620,000
Premium/Discount to List
-$79,000
-4.65%
Current Estimated Value
$5,122,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,502,080
Avg. Annual Appreciation
10.51%
Original Mortgage
$1,215,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 13, 2012
Sold by
Baboun Tanya and Baboun Rudolph
Bought by
Baboun Rudolph and Baboun Tanya

Purchase Details

Closed on
Jul 7, 2000
Sold by
Miguel and Rishmague Sandra
Bought by
Baboun Tanya

Purchase Details

Closed on
Dec 11, 1996
Sold by
Odde and Rishmague Edith
Bought by
Rishmague Miguel and Rishmague Sandra
Source: Public Records

Range of Values:

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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
Lima Peter $1,620,000 The Title Wave Inc
Baboun Rudolph -- None Available
Baboun Tanya $700,000 --
Rishmague Miguel $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lima Peter $1,500,000
Closed Lima Yvonne $1,020,000
Closed Lima Peter $1,215,000
Previous Owner Baboun Rudolph $975,000
Previous Owner Rishmague Miguel $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $1,620,000 -4.6% $344 / Sq Ft
02/04/2014 02/04/14 For Sale $1,699,000 -- $361 / 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 $25,221 $1,387,644 -- --
2024 $23,292 $1,348,537 -- --
2023 $23,292 $1,309,260 $0 $0
2022 $23,758 $1,271,127 $0 $0
2021 $24,474 $1,234,104 $1,080,000 $154,104
2020 $28,150 $1,432,758 $1,277,400 $155,358
2019 $28,242 $1,434,012 $1,277,400 $156,612
2018 $30,250 $1,576,921 $1,419,000 $157,921
2017 $30,554 $1,571,631 $0 $0
2016 $31,068 $1,573,883 $0 $0
2015 $29,365 $1,455,220 $0 $0
2014 $16,207 $810,996 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1902540

MIAMI REALTORS® MLS

APN: 03-5118-006-0780