NOT LISTED FOR SALE

Estimated Value: $724,000 - $747,000

3 Beds
2.5 Baths
2,226 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $380,000 $171 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,855/month

91 Days on Market

Highlights

  • Lake Front
  • Newly Remodeled
  • Gated Community
  • Everglades High School Rated A-
  • Heated In Ground Pool
  • Vaulted Ceiling

About This Home

As of May 2014

Beautiful 3/2 home in gated Palm Cove. Features a gourmet kitchen with granite counter tops and top of the line st.steel appliances, incl wine cooler. New upgraded wood cabinets. Amazing backyard on the lake, with built in summer kitchen complete with tik i hut. Your buyer will not want to leave! Beautiful 15K gallon lagoon style pool recently redone with pebble tec. Also boasts a circular driveway, freshly painted exterior, fully operational security system with 4 night-vision high quality prof cameras.

Last Agent to Sell the Property

Joel Tejada

MMLS Assoc.-Inactive Member License #3115659 Listed on: 01/08/2014

Last Buyer's Agent

Nicole Florio

United Realty Group Inc License #0702532

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,298

Year Built

  • Built in 2003 | Newly Remodeled

Lot Details

  • 7,412 Sq Ft Lot
  • Lake Front
  • East Facing Home
  • Fenced

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,226 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Family Room
  • Tile Flooring
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Free Form Pool
  • Pool Equipment Stays

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 514023080100

Community Details

Overview

  • Pod 3 At Monarch Lakes 16,Monarch Lakes Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,298

Year Built

Built in 2003 | Newly Remodeled

Lot Details

0

HOA Fees

$115 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: POD 3 AT MONARCH LAKES 16,Monarch Lakes
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Entrance Foyer, Roman Tub, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Family Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2226
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Entry Level
  • Living Room Features: Family Room

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Lake
  • Exterior Features: Barbeque, Built-In Grill, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Equipment Stays, Free Form, Heated
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: POD 3 AT MONARCH LAKES 16
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 115
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 514023080100
  • Lot Size Sq Ft: 7412
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
May 15, 2014
Sold by
Serrano Oscar Gerardo and Serrano Angela
Bought by
Merrill Cody and Dunaway Daren
Seller's Agent
Joel Tejada
MMLS Assoc.-Inactive Member
Buyer's Agent
Nicole Florio
United Realty Group Inc
List Price
$429,900
Sold Price
$380,000
Premium/Discount to List
-$49,900
-11.61%
Current Estimated Value
$744,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,237
Avg. Annual Appreciation
6.21%
Original Mortgage
$323,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2010
Sold by
Burgos Elsa Lucia and Serrano Elsa Lucia
Bought by
Serrano Oscar Gerardo

Purchase Details

Closed on
Aug 23, 2004
Sold by
Serrano Gerardo
Bought by
Serrano Oscar Gerardo and Serrano Elsa L

Purchase Details

Closed on
May 10, 2002
Sold by
Pmbc Homes Llc
Bought by
Serrano Oscar Gerardo and Serrano Elsa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.5%

Purchase Details

Closed on
Dec 12, 2000
Sold by
Adrian Dev Corp
Bought by
Pmbc Homes Llc

Purchase Details

Closed on
Oct 7, 1999
Sold by
Glassman Development Corp
Bought by
Adrian Developers Corp
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
Merrill Cody $380,000 Nexstar Title And Escrow Llc
Serrano Oscar Gerardo -- Attorney
Serrano Oscar Gerardo -- Kel Title Ins Agency Inc
Serrano Oscar Gerardo $233,600 Lenders Title Services Llc
Pmbc Homes Llc $4,944,600 --
Adrian Developers Corp $4,510,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrill Cody $284,500
Closed Merrill Cody $323,000
Previous Owner Serrano Oscar G $33,200
Previous Owner Serrano Oscar $350,000
Previous Owner Serrano Oscar Gerardo $38,100
Previous Owner Serrano Oscar G $245,500
Previous Owner Serrano Oscar Gerardo $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $380,000 -3.8% $171 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
03/10/2014 03/10/14 Price Changed $394,900 -3.7% $177 / Sq Ft
02/10/2014 02/10/14 Price Changed $409,900 -4.7% $184 / Sq Ft
01/08/2014 01/08/14 For Sale $429,900 -- $193 / 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 $7,995 $420,540 -- --
2024 $7,806 $408,690 -- --
2023 $7,806 $396,790 $0 $0
2022 $7,324 $385,240 $0 $0
2021 $7,217 $374,020 $0 $0
2020 $7,139 $368,860 $0 $0
2019 $7,055 $360,570 $0 $0
2018 $6,798 $353,850 $59,300 $294,550
2017 $6,722 $354,030 $0 $0
2016 $6,700 $346,750 $0 $0
2015 $6,751 $344,340 $0 $0
2014 $7,091 $318,530 $0 $0
2013 -- $252,650 $59,300 $193,350
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1889255

MIAMI REALTORS® MLS

APN: 51-40-23-08-0100