NOT LISTED FOR SALE

Palmetto Bay, FL 33158

Deering Bay Neighborhood

Estimated Value: $2,802,000 - $4,025,000

1.25 Acres
$2,689,751 Price per Acre
54,450 Sq Ft Lot

Last Sold June 20, 2013

Last sale price $465,000 $9 Per Sq Ft

Est. 623% increase in value since last sale

Current estimated payment $20,030/month

54 Days on Market

Highlights

  • 1.25 Acre Lot
  • No HOA
  • Landscaped with Trees
  • Howard Drive Elementary School Rated A-
  • Interior Lot

About This Lot

As of June 2013

*BANK OWNED VACANT LOT*CLEARED AND READY TO BUILD* SOUGHT-AFTER AREA EAST OF OLD CUTLER DOWN THE STREET FROM DEERING BAY ESTATES*WALKING DISTANCE TO ALEXANDER MONTESSORI SCHOOL***ALL CONTRACTS/OFFERS ARE SUBJECT TO SELLER SENIOR MANAGEMENT APPROVAL AND AN Y OFFERS OR COUNTER OFFERS BY SELLER ARE NOT BINDING UNLESS THE ENTIRE AGREEMENT IS RATIFIED BY ALL PARTIES.

Last Agent to Sell the Property

Zuly Rosales

Associated R.E. Services, LLC License #0694245 Listed on: 03/22/2013

Last Buyer's Agent

Zuly Rosales

Associated R.E. Services, LLC License #0694245 Listed on: 03/22/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,937

Year Built

  • Built in 1950

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 174x259
  • South Facing Home
  • Interior Lot
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned 23/ESTAT

Home Design

  • 54,450 Sq Ft Home

Utilities

  • Phone Available

Community Details

  • No Home Owners Association
  • Unplatted Condos
  • Unplatted Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-23-000-0230

Property Details

Property Type

Land

Est. Annual Taxes

$5,937

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Year Built: 1950
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 1.25
  • Lot Size: 174x259
  • New Construction: No
  • Road Frontage Type: Paved Road
  • Road Surface Type: Paved Road
  • Structure Type: Residential
  • Subdivision Name: UNPLATTED
  • LastStatus: Pending
  • CurrentPrice: 465000
  • InternetRemarks: BANK OWNED VACANT LOT, BUILD YOUR DREAM HOME IN THIS EXCEPTIONAL AREA
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: South
  • Lot Features: Inside Location, 1 To Less Than 2 Acre Lot, Cleared
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: UNPLATTED

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Utilities: Other Utilities Available, Electricity Available, Phone Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 33-50-23-000-0230
  • Additional Parcels: No
  • Current Use: Residential, Check Land Use Plan
  • Development Status: Unrecorded Plat
  • Lot Size Sq Ft: 54450
  • Zoning: 23/ESTAT

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5937

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2015
Sold by
Garcia Mendoza Armando Leonardo and Roseman Joyce E
Bought by
Garcia Mendoza Armando L and Roseman Joyce E
Current Estimated Value
$3,362,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$541,202
Interest Rate
3.12%
Mortgage Type
Construction
Estimated Equity
$2,820,987

Purchase Details

Listed on
Mar 22, 2013
Closed on
Jun 19, 2013
Sold by
Regions Bank
Bought by
Garcia Mendoza Armando Leonardo
Seller's Agent
Zuly Rosales
Associated R.E. Services, LLC
Buyer's Agent
Zuly Rosales
Associated R.E. Services, LLC
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.12%
Original Mortgage
$360,000
Interest Rate
3.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 3, 2013
Sold by
Binimelis Dora
Bought by
Regions Bank

Purchase Details

Closed on
Jul 24, 2012
Sold by
Dora I Binimeles
Bought by
Regions Bank

Purchase Details

Closed on
Feb 21, 2007
Sold by
Ellis Fred E
Bought by
Binimelis Dora and Betancourt Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Interest Rate
8.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Garcia Mendoza Armando L -- Attorney
Garcia Mendoza Armando Leonardo $465,000 Attorney
Regions Bank $200 None Available
Regions Bank $200 --
Binimelis Dora $750,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Mendoza Armando L $700,000
Closed Garcia Mendoza Armando Leonardo $360,000
Previous Owner Binimelis Dora $655,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2013 06/20/13 Sold $465,000 -2.1% $9 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $475,000 -- $9 / 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 $28,964 $1,714,298 -- --
2024 $28,137 $1,665,985 -- --
2023 $28,137 $1,617,462 $0 $0
2022 $27,256 $1,570,352 $0 $0
2021 $27,316 $1,524,614 $612,562 $912,052
2020 $27,323 $1,534,116 $612,562 $921,554
2019 $27,514 $1,543,616 $612,562 $931,054
2018 $27,049 $1,553,099 $612,562 $940,537
2017 $27,732 $1,562,582 $0 $0
2016 $8,213 $405,189 $0 $0
2015 $7,563 $368,354 $0 $0
2014 -- $334,868 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Zuly Rosales

    Seller's Agent in 2013

    Zuly Rosales

    Associated R.E. Services, LLC

    (305) 525-2932

    11 Total Sales

    Zuly Rosales
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Source: MIAMI REALTORS® MLS

MLS Number: A1765785

MIAMI REALTORS® MLS

APN: 33-5023-000-0230

Florida Miami/Dade County Palmetto Bay 33158

Deering Bay

Not Listed for Sale

Lots

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