NOT LISTED FOR SALE

Estimated Value: $512,379

2 Beds
2 Baths
1,170 Sq Ft
$559/ mo HOA Fee

Last Sold June 06, 2023

Last sale price $450,000 $385 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,802/month

105 Days on Market

Highlights

  • Intercom to Front Desk
  • Built in 1987 | Newly Remodeled
  • Balcony
  • Coral Gables Preparatory Academy Rated A-
  • End Unit
  • 4-minute walk to Phillips Park

About This Home

As of June 2023

LOCATION!!!!! RARE OPPORTUNITY IN THIS 5 STORY BUILDING. VERY QUIET STREET. GREAT UNIT 2 BED 2 BATH, 1,170 SQFT. ONLY 16 UNITS IN THE BUILDING 4 PER FLOOR. LOCATED IN THE HEART OF CORAL GABLES, AT WALKING DISTANCE TO MIRACLE MILE AND PONCE DE LEON. NEW AC (2022), 1 ASSIGNED PARKING UNDER BUILDING, ONE STORAGE IN THE SAME FLOOR.

Last Agent to Sell the Property

Alfredo Fadel

One Stop Realty License #3285039 Listed on: 01/26/2023

One Stop Realty

Last Buyer's Agent

Alicia Gilbert

BHHS EWM Realty License #3051537

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1987 | Newly Remodeled

HOA Fees

  • $559 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • On-Street Parking
  • Open Parking
  • Assigned Parking

Home Design

  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,170 Sq Ft Home
  • 4-Story Property
  • Ceramic Tile Flooring
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Balcony
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-072-0050

Community Details

Overview

  • Majorca Plaza I Condos
  • Majorca Plaza Condo I Subdivision

Amenities

  • Intercom to Front Desk
  • Secure Lobby

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,200

Year Built

Built in 1987 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$559 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: MAJORCA AVE - GPS - GOOGLE MAPS.
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MAJORCA PLAZA CONDO I
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1170
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MAJORCA PLAZA I
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Space, Assigned, On Street, Parking-Under Building

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Smoke Detector, Elevator Secure, Intercom In Lobby, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 559
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 03-41-08-072-0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
May 23, 2023
Sold by
Habitat 23 Llc
Bought by
Hoynack Christine M
Seller's Agent
Alfredo Fadel
One Stop Realty
Buyer's Agent
Alicia Gilbert
BHHS EWM Realty
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%
Current Estimated Value
$512,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,379
Avg. Annual Appreciation
4.78%
Original Mortgage
$360,000
Outstanding Balance
$342,292
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$170,087

Purchase Details

Closed on
Oct 31, 2022
Sold by
Hernandez Norma
Bought by
Habitat 23 Llc

Purchase Details

Closed on
Feb 21, 2015
Sold by
Tau Robert and Hong Anna
Bought by
Avery Smith Holdings Llc

Purchase Details

Closed on
Jan 29, 2015
Sold by
Hernandez Hector
Bought by
Hong Anna and Tau Robert

Purchase Details

Closed on
Nov 26, 2008
Sold by
Hernandez Hector and Hernandez Norma
Bought by
Hernandez Hector and Hernandez Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.1%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 5, 1997
Sold by
Suarez Ramon F
Bought by
Hernandez Hector and Hernandez Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.31%
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
Hoynack Christine M $450,000 None Listed On Document
Habitat 23 Llc $360,100 --
Avery Smith Holdings Llc -- None Available
Hong Anna $40,600 None Available
Hernandez Hector -- Attorney
Hernandez Hector $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoynack Christine M $360,000
Previous Owner Hernandez Hector $450,000
Previous Owner Hernandez Hector $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2023 06/06/23 Sold $450,000 -4.1% $385 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
02/21/2023 02/21/23 Price Changed $469,100 0.0% $401 / Sq Ft
01/26/2023 01/26/23 For Sale $469,000 0.0% $401 / Sq Ft
04/01/2019 04/01/19 Rented $1,900 0.0% --
03/22/2019 03/22/19 Under Contract -- -- --
02/22/2019 02/22/19 For Rent $1,900 0.0% --
02/15/2019 02/15/19 Under Contract -- -- --
01/23/2019 01/23/19 For Rent $1,900 -- --
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 $6,920 $375,000 -- --
2024 $6,333 $376,310 -- --
2023 $6,333 $342,100 $0 $0
2022 $5,200 $263,120 $0 $0
2021 $4,571 $239,200 $0 $0
2020 $5,573 $291,662 $0 $0
2019 $5,318 $291,662 $0 $0
2018 $4,883 $288,774 $0 $0
2017 $4,227 $222,134 $0 $0
2016 $4,312 $222,134 $0 $0
2015 $4,000 $201,938 $0 $0
2014 $3,720 $183,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11333241

MIAMI REALTORS® MLS

APN: 03-4108-072-0050

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