NOT LISTED FOR SALE

Estimated Value: $3,205,318 - $4,552,000

5 Beds
4 Baths
3,040 Sq Ft
$1,279/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $2,200,000 $724 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $22,178/month

17 Days on Market

Highlights

  • In Ground Pool
  • Marble Flooring
  • No HOA
  • Key Biscayne K-8 Center Rated A-
  • Sun or Florida Room
  • Closet Cabinetry

About This Home

As of October 2015

Key Biscayne!Beautiful &Spacious(3040 Adj. SF)5 Bdrm home in the Heart of Key Biscayne.Lots of natural light,Polished Marble floors,Spacious Eat-In Kitchen w/Marble Counters,Indoor Laundry Room.One side of home is a 1Bdrm w/a full bath could be maids room . Other side 4Bed/3Full baths. Large Living Rm&Family Rms.Master Bdrm has 2large walk-in closets & Master Bath.Beautiful expansive Pool Patio area w/Diamond Brite pool.Chicago brick drive & Lushly landscaped for Privacy.Roof is only 3years old.A must see!

Last Agent to Sell the Property

Manon Mohammady

MMLS Assoc.-Inactive Member License #3163804 Listed on: 08/21/2015

MMLS Assoc.-Inactive Member

Co-Listed By

Cristina Greeven

Coldwell Banker Realty License #0484486

Last Buyer's Agent

Frederique Leforestier

One Sotheby's International Realty License #3230379

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,032

Year Built

  • Built in 1951

Lot Details

  • 8,059 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 10/S FM

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,040 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Sun or Florida Room
  • Marble Flooring
  • Security System Owned

Kitchen

  • Built-In Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 5 & 6 55 42 Biscayne Key Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-52-05-001-2000

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,032

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: 5 & 6 55 42 BISCAYNE KEY
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Other Equipment/Appliances, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Closet Cabinetry, Entrance Foyer, Walk-In Closet(s), Family Room, Florida Room
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Flooring: Marble, Other
  • Furnished: Unfurnished
  • Living Area: 3040
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Living Room Features: Family Room, Florida Room

Exterior Features

  • Roof: Other, Curved/S-Tile Roof
  • View: None
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 5 & 6 55 42 BISCAYNE KEY
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric, Other
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Owned Burglar Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-52-05-001-2000
  • Lot Size Sq Ft: 8059
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 18032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Oct 1, 2015
Sold by
Webster Keith A
Bought by
Rake Rodolfo and Macchiavello Melissa
Seller's Agent
Manon Mohammady
MMLS Assoc.-Inactive Member
Buyer's Agent
Frederique Leforestier
One Sotheby's International Realty
List Price
$2,299,000
Sold Price
$2,200,000
Premium/Discount to List
-$99,000
-4.31%
Current Estimated Value
$3,887,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,687,330
Avg. Annual Appreciation
5.67%
Original Mortgage
$1,300,000
Outstanding Balance
$983,436
Interest Rate
2.79%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,903,894

Purchase Details

Closed on
Dec 24, 2009
Sold by
Webster Keith A and Bishopric Nanette Webster
Bought by
Webster Keith A

Purchase Details

Closed on
Nov 19, 1996
Sold by
Cometto Paolo
Bought by
Webster Keith A and Bishoprick Nanette H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
8.02%
Mortgage Type
New Conventional
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
Rake Rodolfo $2,200,000 Attorney
Webster Keith A -- Attorney
Webster Keith A $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rake Rodolfo $1,300,000
Previous Owner Webster Keith A $450,000
Previous Owner Webster Keith A $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2015 10/01/15 Sold $2,200,000 -4.3% $724 / Sq Ft
09/07/2015 09/07/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $2,299,000 0.0% $756 / Sq Ft
05/20/2013 05/20/13 Rented $7,200 -8.9% --
05/20/2013 05/20/13 For Rent $7,900 +21.5% --
06/27/2012 06/27/12 Rented $6,500 -23.5% --
05/28/2012 05/28/12 Under Contract -- -- --
04/13/2012 04/13/12 For Rent $8,500 -- --
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 $23,890 $1,513,993 -- --
2024 $23,573 $1,471,325 -- --
2023 $23,573 $1,428,471 $0 $0
2022 $22,535 $1,386,866 $0 $0
2021 $22,586 $1,346,472 $0 $0
2020 $21,294 $1,327,882 $993,272 $334,610
2019 $24,290 $1,505,708 $1,168,555 $337,153
2018 $23,549 $1,508,804 $1,168,555 $340,249
2017 $28,565 $1,806,578 $0 $0
2016 $28,645 $1,769,421 $0 $0
2015 $17,759 $1,088,039 $0 $0
2014 $18,032 $1,079,404 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A2163174

MIAMI REALTORS® MLS

APN: 24-5205-001-2000