NOT LISTED FOR SALE

Estimated Value: $5,053,000 - $5,860,000

4 Beds
3.5 Baths
2,831 Sq Ft
$1,909/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $2,850,000 $1,007 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $34,740/month

23 Days on Market

Highlights

  • Guest House
  • Main Floor Primary Bedroom
  • No HOA
  • In Ground Pool
  • Pool View
  • Fireplace

About This Home

As of March 2018

Charming 4-bedroom, 3.5-bath mid-island residence in a private setting amid tall trees with two entrances, one on Gomez Road and one on South Beach Road.  Main house has wood floors and fireplace in living room.  Spacious family room overlooks pool and patio area.  Property Includes separate 1-bedroom guest cottage and 2-car garage with golf cart storage.

Last Agent to Sell the Property

Joanne Wagner

The Corcoran Group License #0678919 Listed on: 02/16/2018

The Corcoran Group

Co-Listed By

Adrian Reed

MMLS Assoc.-Inactive Member License #3020597

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Adrian Reed

MMLS Assoc.-Inactive Member License #3020597

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,527

Year Built

  • Built in 1963

Lot Details

  • 0.51 Acre Lot
  • Southeast Facing Home
  • Property is zoned D-25

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Concrete Roof

Interior Spaces

  • 2,831 Sq Ft Home
  • Bar
  • Fireplace
  • Awning
  • Pool Views
  • Dryer

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • In Ground Pool
  • Patio

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Island Beach Plat 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 353842009122009404

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,527

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Other
  • Co List Office Mls Id: J303933
  • Co List Office Phone: 772-546-2381
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: ISLAND BEACH PLAT 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer
  • Interior Amenities: Bar
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2831
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Primary Bedroom Ground Level
  • Living Room Features: Guest House

Exterior Features

  • Roof: Concrete
  • View: Pool
  • Direction Faces: Southeast
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Awning(s), Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: ISLAND BEACH PLAT 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 353842009122009404
  • Lot Size Sq Ft: 22084
  • Zoning: D-25
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 37527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2022
Sold by
Raymond James Trust
Bought by
Mellon Armour N and Mellon Sophie A
Current Estimated Value
$5,403,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$3,325,518
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$2,077,762

Purchase Details

Closed on
Sep 16, 2019
Sold by
Wells Fargo Bank Na
Bought by
Raymond James Trust Na

Purchase Details

Listed on
Feb 16, 2018
Closed on
Mar 15, 2018
Sold by
Reed Robin E
Bought by
Wells Fargo Bank Na
Seller's Agent
Joanne Wagner
The Corcoran Group
Buyer's Agent
Adrian Reed
MMLS Assoc.-Inactive Member
List Price
$2,850,000
Sold Price
$2,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%

Purchase Details

Closed on
Jun 2, 2006
Sold by
Firstmerit Bank Na
Bought by
Reed Robin E

Purchase Details

Closed on
Sep 28, 1998
Sold by
Reed L Andrew L and Reed Ann A
Bought by
Reed Robin E

Purchase Details

Closed on
Apr 21, 1988
Bought by
Reed Robin E
Source: Public Records
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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
Mellon Armour N $5,100,000 Marc R Gaylord Pa
Raymond James Trust Na -- Attorney
Wells Fargo Bank Na $2,700,000 Attorney
Reed Robin E -- Attorney
Reed Robin E -- --
Reed Robin E $670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mellon Armour N $3,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $2,850,000 0.0% $1,007 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
02/21/2018 02/21/18 Price Changed $2,850,000 0.0% $1,007 / Sq Ft
02/21/2018 02/21/18 For Sale $2,850,000 0.0% $1,007 / Sq Ft
02/19/2018 02/19/18 Off Market $2,850,000 -- --
02/13/2018 02/13/18 For Sale $2,695,000 -- $952 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $72,780 $4,735,270 $3,750,000 $985,270
2024 $74,215 $4,295,450 $4,295,450 $995,450
2023 $74,215 $4,324,710 $4,324,710 $1,024,710
2022 $56,986 $2,884,816 $0 $0
2021 $46,652 $2,622,560 $2,050,000 $572,560
2020 $43,868 $2,451,900 $1,950,000 $501,900
2019 $41,574 $2,302,880 $1,850,000 $452,880
2018 $38,582 $2,114,160 $1,876,290 $237,870
2017 $37,527 $2,106,240 $1,876,290 $229,950
2016 $36,231 $2,000,060 $1,765,920 $234,140
2015 $29,344 $1,955,070 $1,545,180 $409,890
2014 $29,344 $1,668,630 $1,280,290 $388,340
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10420756

MIAMI REALTORS® MLS

APN: 35-38-42-009-122-00940-4