NOT LISTED FOR SALE

Estimated Value: $4,119,000 - $4,973,000

5 Beds
5.5 Baths
4,936 Sq Ft
$885/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $2,225,000 $451 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $25,545/month

100 Days on Market

Highlights

  • Newly Remodeled
  • In Ground Pool
  • Maid or Guest Quarters
  • South Miami Middle School Rated A-
  • Sitting Area In Primary Bedroom
  • 4-minute walk to Van Smith Park

About This Home

As of March 2019

This stunning Plantation Style estate truly stands apart from all the homes in the City of South Miami. This home is situated on almost 18,000sf lot nestled by beautiful oak trees. To be completed in January 2019, this home boasts 5 bedrooms, 5 1/2 bathrooms and 2 car garage. Beautiful kitchen featuring Thermadore pro series appliances. Large expansive family room that opens to an oversized covered terrace. The living room features a full wet bar with seating for 4 and includes a wine cooler and beverage center. All bathrooms are finished with Kohler fixtures.
Fully prewired for cameras and speakers throughout. Walking distance to downtown South Miami.

Last Agent to Sell the Property

Mario Aguilar

MMLS Assoc.-Inactive Member License #3275605 Listed on: 11/28/2018

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Mario Aguilar

MMLS Assoc.-Inactive Member License #3275605 Listed on: 11/28/2018

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,280

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • North Facing Home
  • Fenced
  • Property is zoned RS-3

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Slab Foundation
  • Flat Tile Roof
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,936 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • Single Hung Wood Windows
  • French Doors
  • Great Room
  • Family Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer

Home Security

  • High Impact Windows
  • High Impact Door

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Insulation

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Palm Miami Hgts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-40-36-039-0110

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,280

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: PALM MIAMI HGTS
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Gas Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Bar, Cooking Island, French Doors, Walk-In Closet(s), Wet Bar, Family Room, Great Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors, French Doors
  • Flooring: Ceramic Floor, Other
  • Furnished: Unfurnished
  • Living Area: 4936
  • Possible Use: Primary
  • Window Features: Complete Impact Glass, High Impact Windows, Single Hung Wood
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Other, Snack Bar/Counter
  • Living Room Features: Family Room, Great Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only

Exterior Features

  • Roof: Concrete, Flat Tile
  • View: None
  • Exterior Features: Lighting, Open Balcony, Outdoor Shower
  • Construction Type: CBS Construction, Slab Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PALM MIAMI HGTS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 09-40-36-039-0110
  • Zoning: RS-3
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Insulation, Lighting, Water Heater

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2023
Sold by
Rene Vargas Jr Revocable Trust
Bought by
Vargas Rene Juan and Vargas Regina Quintana
Current Estimated Value
$4,366,594

Purchase Details

Listed on
Nov 28, 2018
Closed on
Mar 1, 2019
Sold by
Somi 5990 Llc
Bought by
Vargas Rene and Rene Vargas Jr Revocable Trust
Seller's Agent
Mario Aguilar
MMLS Assoc.-Inactive Member
Buyer's Agent
Mario Aguilar
MMLS Assoc.-Inactive Member
List Price
$2,295,000
Sold Price
$2,225,000
Premium/Discount to List
-$70,000
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%

Purchase Details

Closed on
Apr 24, 2017
Sold by
Casebeer Kenneth M and Mahoney Martha R
Bought by
Somi 5990 Llc

Purchase Details

Closed on
Jul 12, 2001
Sold by
Peter Margulies M and Peter Ellen M
Bought by
Casebeer Kenneth M and Casebeer Martha R

Purchase Details

Closed on
Jun 30, 1993
Sold by
Woeppel Kathleen A
Bought by
Saideman Ellen M and Margulies Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.52%
Mortgage Type
Purchase Money Mortgage
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
Vargas Rene Juan -- None Listed On Document
Vargas Rene $2,225,000 Attorney
Somi 5990 Llc $650,000 Attorney
Casebeer Kenneth M $275,000 --
Saideman Ellen M $216,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casebeer Kenneth M $297,000
Previous Owner Saideman Ellen M $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Off Market $2,225,000 -- --
03/01/2019 03/01/19 Sold $2,225,000 -3.1% $451 / Sq Ft
11/21/2018 11/21/18 For Sale $2,295,000 -- $465 / 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 $30,909 $1,714,447 -- --
2024 $30,155 $1,666,130 -- --
2023 $30,155 $1,617,602 $0 $0
2022 $29,312 $1,570,488 $0 $0
2021 $29,691 $1,524,746 $530,904 $993,842
2020 $29,826 $1,486,452 $482,640 $1,003,812
2019 $11,440 $567,102 $567,102 $0
2018 $10,716 $542,970 $542,970 $0
2017 $5,896 $337,754 $0 $0
2016 $5,873 $330,808 $0 $0
2015 $5,936 $328,509 $0 $0
2014 $6,018 $325,902 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10574291

MIAMI REALTORS® MLS

APN: 09-4036-039-0110