NOT LISTED FOR SALE

Estimated Value: $7,567,000 - $11,843,360

6 Beds
7.5 Baths
5,387 Sq Ft
$1,760/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $6,300,000 $1,169 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $59,409/month

254 Days on Market

Highlights

  • Lake Front
  • Home Theater
  • Sitting Area In Primary Bedroom
  • Sunset Elementary School Rated A
  • In Ground Pool
  • Vaulted Ceiling

About This Home

As of March 2021

Incredible lakefront property in desirable gated Hammock Lakes community in Coral Gables. Stunning and impeccably updated 9,522 Total SF, 6BR/7+1BA home sits on breathtaking 51,054 SF lot. The home benefits from wonderful entertaining areas and spectacular views of the tranquil lake throughout. A covered terrace spans the entire back of the house and opens to a beautifully landscaped yard, with large pool with cabana bath, and leads directly to the lake. Hector & Hector chef’s kitchen with Wolf and Subzero appliances, gas stove and large island. First floor features 2 entertaining rooms, family room, 2 guest suites and office/maid quarters. Upstairs offers primary suite +2 additional bedrooms. Three car garage, 1/2 basketball court & convenient location for shops, restaurants and schools.

Last Agent to Sell the Property

Judith Zeder

Coldwell Banker Realty License #0650944 Listed on: 03/20/2020

Coldwell Banker Realty

Co-Listed By

Nathan Zeder

Coldwell Banker Realty License #3058239

Last Buyer's Agent

Judith Zeder

Coldwell Banker Realty License #0650944 Listed on: 03/20/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,717

Year Built

  • Built in 1991

Lot Details

  • 1.17 Acre Lot
  • Lake Front
  • East Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 3 Car Garage
  • 3 Detached Carport Spaces
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Open Parking

Property Views

  • Lake
  • Garden
  • Pool

Home Design

  • Metal Roof

Interior Spaces

  • 5,387 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Awning
  • Plantation Shutters
  • Vertical Blinds
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Lake Drain
  • Gas Water Heater
  • Water Purifier
  • Septic Tank

Community Details

  • No Home Owners Association
  • Hammock Lake Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-51-06-002-0260

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,717

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Carport Y N: Yes
  • Co List Office Mls Id: CBRE52
  • Co List Office Phone: 305-667-4815
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: HAMMOCK LAKE PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Bottled Gas, Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Water Heater, Ice Maker, Microwave, Other Equipment/Appliances, Water Purifier, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Exclusions, Entrance Foyer, French Doors, Laundry Tub, Other, Pantry, Roman Tub, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Family Room, Media Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor, Marble, Other
  • Furnished: Unfurnished
  • Living Area: 5387
  • Other Equipment: Automatic Garage Door Opener, Central Vacuum
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Complete Impact Glass, Awning, High Impact Windows, Impact Glass, Other Windows, Plantation Shutters, Sliding, Verticals
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining, Snack Bar/Counter
  • Living Room Features: Family Room, Media Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Metal Roof
  • View: Garden, Lake, Pool
  • Exterior Features: Fruit Trees, Lighting, Open Balcony, Outdoor Shower
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Awning(s), Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: HAMMOCK LAKE PARK
  • Carport Spaces: 3
  • Covered Parking Spaces: 6
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Detached Carport, Covered, Driveway, Other, Paver Block

Utilities

  • Sewer: Septic Tank
  • Water Source: Laked Drain, Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Fire Alarm, Owned Burglar Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-51-06-002-0260
  • Lot Size Sq Ft: 51054
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 74717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Mar 26, 2021
Sold by
Stott Malcom and Stott Laurence J
Bought by
King Stephen V and Hlc Residential Trust
Seller's Agent
Judith Zeder
Coldwell Banker Realty
Buyer's Agent
Judith Zeder
Coldwell Banker Realty
List Price
$6,595,000
Sold Price
$6,300,000
Premium/Discount to List
-$295,000
-4.47%
Current Estimated Value
$9,483,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,183,787
Avg. Annual Appreciation
8.23%

Purchase Details

Closed on
Jun 29, 2010
Sold by
Chadsey Jack B and Chadsey Cynthia
Bought by
Stott Malcolm and Aquilina Stott Laurence J

Purchase Details

Closed on
Feb 1, 1995
Sold by
Arellano Agustin R and Arellano Maria E
Bought by
Chadsey Jack B and Chadsey Cynthia
Source: Public Records

Range of Values:

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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
King Stephen V $6,300,000 Attorney
Stott Malcolm $3,650,000 Attorney
Chadsey Jack B $1,375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stott Malcolm $500,000
Previous Owner Stott Malcolm $512,622
Previous Owner Stott Malcom $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $6,300,000 -4.5% $1,169 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
04/16/2020 04/16/20 For Sale $6,595,000 +4.7% $1,224 / Sq Ft
03/23/2020 03/23/20 Off Market $6,300,000 -- --
03/20/2020 03/20/20 For Sale $6,595,000 -- $1,224 / 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 $111,913 $5,937,434 -- --
2024 $142,663 $7,588,281 $5,769,102 $1,819,179
2023 $142,663 $7,508,159 $5,666,994 $1,841,165
2022 $107,770 $5,539,042 $3,675,888 $1,863,154
2021 $77,849 $3,836,787 $0 $0
2020 $76,146 $3,783,814 $0 $0
2019 $74,718 $3,698,743 $0 $0
2018 $71,700 $3,629,778 $0 $0
2017 $79,480 $3,999,467 $0 $0
2016 $71,102 $3,351,686 $0 $0
2015 $71,906 $3,343,442 $0 $0
2014 $62,047 $3,039,493 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10832219

MIAMI REALTORS® MLS

APN: 03-5106-002-0260