NOT LISTED FOR SALE

Estimated Value: $361,053 - $400,000

3 Beds
2 Baths
1,210 Sq Ft
$375/mo HOA Fee

Last Sold June 30, 2016

Last sale price $215,000 $178 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,842/month

9 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Main Floor Primary Bedroom
  • Coral Cove Elementary School Rated 9+
  • Clubhouse
  • Community Pool

About This Home

As of June 2016

FIRST FLOOR, CORNER UNIT, SPACIOUS AND GORGEOUS LAKE VIEW CONDO WITH 3 BEDS AND 2 FULL BATHS WITH 1 ATTACHED CAR GARAGE AND SPLIT FLOOOR PLAN. OPEN KITCHEN WITH BREAKFAST COUNTER. LARGE MASTER BEDROOM. WASHER AND DRYER INSIDE THE UNIT. GATED COMMUNITY WITH ALL THE AMENITIES POSSIBLE IN THE HEART OF MIRAMAR. IT HAS A CLUBHOUSE, COMMUNITY POOL, FITNESS CENTER, BASKEBALL COURT AND MANAGEMENT ON SITE. GREAT LOCATION, CLOSE TO I75, TURNPIKE AND PALMETTO.

Last Agent to Sell the Property

Xenia Rojas

The Keyes Company License #3124689 Listed on: 05/06/2016

The Keyes Company

Last Buyer's Agent

Sandra Caicedo

CSW Realty Solutions LLC License #0706484

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,558

Year Built

  • Built in 2005

Lot Details

  • Lake Front

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,210 Sq Ft Home
  • 2-Story Property
  • Vertical Blinds
  • Family or Dining Combination
  • Carpet
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • Coral Cove Elementary School
  • New Renaissance Middle School
  • Everglades High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 514035AA1070

Community Details

Overview

  • Silver Falls Condos
  • Banyan Bay Subdivision
  • The community has rules related to no motorcycles, no recreational vehicles or boats, no trucks or trailers

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,558

Year Built

Built in 2005

Lot Details

0

HOA Fees

$375 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: MIRAMAR PARKWAY EAST OF I-75 DRIVE TO FLAMINGO ROAD. SOUTH TO SILVER FALLS ON THE WEST SIDE. PASSED GUARD GATE AND GO STRAIGHT TO 3RD RATUNDA AND MAKE A RIGHT. THE PROPERTY IS ON THE LEFT.
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: BANYAN BAY
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Other
  • Furnished: Unfurnished
  • Living Area: 1210
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Hurricane Shutters, Blinds, Verticals
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Family/Dining Combination, Other
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Lake
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SILVER FALLS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Card Entry, Guard At Site, Security Patrol

Condo/Co-op/Association

  • Association Fee: 375
  • Amenities: Basketball Court, Clubhouse-Clubroom, Exercise Room, Child Play Area, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Coral Cove
  • High School: Everglades
  • Middle Or Junior School: New Renaissance

Lot Info

  • Parcel Number: 514035AA1070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 375

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2016
Closed on
Jun 30, 2016
Sold by
Bailey Dorrett W
Bought by
Pinzon Olga
Seller's Agent
Xenia Rojas
The Keyes Company
Buyer's Agent
Sandra Caicedo
CSW Realty Solutions LLC
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Current Estimated Value
$386,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,139
Avg. Annual Appreciation
6.65%
Original Mortgage
$157,000
Outstanding Balance
$118,066
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$268,288

Purchase Details

Closed on
Mar 29, 2005
Sold by
Centex Homes
Bought by
Bailey Dorrett W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Pinzon Olga $215,000 None Available
Bailey Dorrett W $209,400 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinzon Olga $157,000
Previous Owner Bailey Dorrett W $167,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $215,000 -4.4% $178 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $225,000 -- $186 / 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 $4,023 $222,390 -- --
2024 $3,917 $216,130 -- --
2023 $3,917 $209,840 $0 $0
2022 $3,720 $203,730 $0 $0
2021 $3,650 $197,800 $0 $0
2020 $3,607 $195,070 $0 $0
2019 $3,560 $190,690 $0 $0
2018 $3,429 $187,140 $18,710 $168,430
2017 $3,422 $189,210 $0 $0
2016 $3,956 $157,670 $0 $0
2015 $3,558 $143,340 $0 $0
2014 $3,135 $130,310 $0 $0
2013 -- $118,470 $11,850 $106,620
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10079206

MIAMI REALTORS® MLS

APN: 51-40-35-AA-1070