NOT LISTED FOR SALE

Estimated Value: $494,873 - $644,000

2 Beds
2 Baths
1,087 Sq Ft
$380/mo HOA Fee

Last Sold May 23, 2013

Last sale price $220,000 $202 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $4,136/month

68 Days on Market

Highlights

  • Community Pool
  • Balcony
  • Views
  • Coral Gables Preparatory Academy Rated A-
  • Cooling Available
  • Secured Garage or Parking

About This Home

As of May 2013

Great opportunity to own 2BR/2BA unit. Located in the heart of Coral Gables, walking distance to Miracle Mile. Only 11 units with guest parking, entry gated and lush landscape.

Last Agent to Sell the Property

Roxana Budetta

Coldwell Banker Realty License #3145144 Listed on: 12/28/2012

Coldwell Banker Realty

Last Buyer's Agent

Roxana Budetta

Coldwell Banker Realty License #3145144 Listed on: 12/28/2012

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,359

Year Built

  • Built in 1981

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,087 Sq Ft Home
  • Ceiling Fan
  • Sliding Windows
  • Electric Range
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-066-0100

Community Details

Overview

  • 11 Units
  • Low-Rise Condominium
  • The Majorca Condo
  • The Majorcas Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,359

Year Built

Built in 1981

Lot Details

0

HOA Fees

$380 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE MAJORCAS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1087
  • Possible Use: Primary
  • Window Features: Sliding
  • Bedroom Features: Entry Level

Exterior Features

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

Garage/Parking

  • Park Building Name: THE MAJORCA CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Assigned

Utilities

  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 380
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 03-41-08-066-0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 380
  • Number Of Units In Community: 11
  • Number Of Units Total: 11

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 3359

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2012
Closed on
May 23, 2013
Sold by
Lopez Stanic Rodolfo and Medina Adriana
Bought by
Demirjian Joyce M
Seller's Agent
Roxana Budetta
Coldwell Banker Realty
Buyer's Agent
Roxana Budetta
Coldwell Banker Realty
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$594,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,844
Avg. Annual Appreciation
8.43%
Original Mortgage
$150,000
Outstanding Balance
$107,140
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$484,636

Purchase Details

Closed on
Oct 10, 2002
Sold by
Banci Maria D
Bought by
Lopez-Stanic Rodolfo and Medina Adriana
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
Demirjian Joyce M $220,000 Attorney
Lopez-Stanic Rodolfo $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demirjian Joyce M $150,000
Previous Owner Lopez Stanic Rodolfo $158,079
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2013 05/23/13 Sold $220,000 -1.8% $202 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
01/29/2013 01/29/13 Price Changed $224,000 +1.8% $206 / Sq Ft
12/28/2012 12/28/12 For Sale $220,000 -- $202 / 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 $5,986 $342,013 -- --
2024 $5,583 $310,921 -- --
2023 $5,583 $282,656 $0 $0
2022 $4,987 $256,960 $0 $0
2021 $4,465 $233,600 $0 $0
2020 $4,268 $222,489 $0 $0
2019 $4,278 $222,489 $0 $0
2018 $4,397 $234,199 $0 $0
2017 $4,288 $220,187 $0 $0
2016 $3,892 $200,170 $0 $0
2015 $3,902 $194,854 $0 $0
2014 $3,592 $177,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1728578

MIAMI REALTORS® MLS

APN: 03-4108-066-0100