NOT LISTED FOR SALE

Palmetto Bay, FL 33158

Estimated Value: $2,506,283 - $3,775,000

5 Beds
4.5 Baths
6,040 Sq Ft
$546/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $1,650,000 $273 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $20,225/month

137 Days on Market

Highlights

  • Newly Remodeled
  • Concrete Pool
  • Sitting Area In Primary Bedroom
  • Howard Drive Elementary School Rated A-
  • RV or Boat Parking
  • 54,450 Sq Ft lot

About This Home

As of October 2021

Gorgeous gem nestled in a serene tropical oasis This Palmetto Bay luxurious 5 BR 4.5 BTH offers plenty of privacy along with abundant spaces inside and out The interior is lined with luscious marble, curved rooms, romantic spaces and intimate areas including the dining room and the bar The Master bedroom suite has huge his and hers separate bathrooms and closets, along with a separate office, gym and sitting room Amenities include gourmet kitchen, walk in pantry room, maids quarters, breakfast dining, bar, gym, office/zoom rm, full laundry room with additional refrigerator/freezer, security cameras throughout, outdoor living spaces, and curve shaped pool Plenty of room for pets to play Top notch schools Your new home offers you a lifestyle not just a place to live Chandelier not included

Last Agent to Sell the Property

Richard Capote

Capote Global Realty LLC License #3243886 Listed on: 03/26/2021

Last Buyer's Agent

Jason Villanueva

One Sotheby's International Realty License #3307799

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,538

Year Built

  • Built in 1969 | Newly Remodeled

Lot Details

  • 1.25 Acre Lot
  • North Facing Home
  • Property is zoned 2300

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Home Design

  • Aluminum Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,040 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Formal Dining Room
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Farmers Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33-50-23-002-0310

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,538

Year Built

Built in 1969 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: FARMERS ACRES
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Free-Standing Freezer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Bar, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Separate Guest/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 6040
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Bedroom Features: Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Dining Room Features: Breakfast Area, Formal Dining, Kitchen Dining
  • Living Room Features: Separate Guest/In-Law Quarters, Utility Room/Laundry

Exterior Features

  • Roof: Aluminum
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Deck, Open Porch, Patio
  • Pool Features: In Ground, Concrete
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: FARMERS ACRES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Guest, Rv/Boat Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 33-50-23-002-0310
  • Lot Size Sq Ft: 54450
  • Zoning: 2300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 21538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Sep 29, 2021
Sold by
Ganjoo Sanjeev
Bought by
Mckelvey Stuart and Mckelvey Anika Nicole
Seller's Agent
Richard Capote
Capote Global Realty LLC
Buyer's Agent
Jason Villanueva
One Sotheby's International Realty
List Price
$1,700,000
Sold Price
$1,650,000
Premium/Discount to List
-$50,000
-2.94%
Current Estimated Value
$3,299,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,649,821
Avg. Annual Appreciation
18.28%
Original Mortgage
$1,040,000
Outstanding Balance
$951,381
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$2,256,415

Purchase Details

Listed on
Mar 31, 2017
Closed on
Jun 5, 2017
Sold by
Solares Fernandez Maria Teresa
Bought by
Ganjoo Sanjeev
Seller's Agent
Justine Jimenez Garcia
Countywide Properties ERA Powe
Buyer's Agent
Justine Jimenez Garcia
Countywide Properties ERA Powe
List Price
$1,549,000
Sold Price
$1,367,100
Premium/Discount to List
-$181,900
-11.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$1,093,680
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2010
Sold by
Solares Maria Teresa
Bought by
Solares Maria Teresa

Purchase Details

Closed on
Dec 1, 2005
Sold by
Hirschhorn Joel and Hirschhorn Evelyn F
Bought by
Fernandez Maria Teresa Solares
Source: Public Records

Range of Values:

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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
Mckelvey Stuart $1,650,000 San Carlos Title Svcs Inc
Ganjoo Sanjeev $1,367,100 Attorney
Solares Maria Teresa -- Attorney
Fernandez Maria Teresa Solares $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckelvey Stuart $1,040,000
Previous Owner Ganjoo Sanjeev $169,800
Previous Owner Ganjoo Sanjeev $1,093,680
Previous Owner Hirschhorn Joel $250,000
Previous Owner Hirschhorn Joel $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2021 10/07/21 Sold $1,650,000 -2.9% $273 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $1,700,000 0.0% $281 / Sq Ft
08/23/2019 08/23/19 Rented $6,000 -16.7% --
08/05/2019 08/05/19 Price Changed $7,200 -15.3% $1 / Sq Ft
07/23/2019 07/23/19 For Rent $8,500 0.0% --
06/29/2017 06/29/17 Sold $1,367,100 -11.7% $226 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $1,549,000 -- $256 / 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 $33,588 $1,987,950 -- --
2024 $32,655 $1,931,925 -- --
2023 $32,655 $1,875,656 $0 $0
2022 $26,832 $1,505,535 $735,075 $770,460
2021 $22,281 $1,205,774 $612,562 $593,212
2020 $21,538 $1,172,044 $612,562 $559,482
2019 $21,631 $1,176,330 $612,562 $563,768
2018 $21,213 $1,180,617 $612,562 $568,055
2017 $15,387 $873,387 $0 $0
2016 $15,356 $855,424 $0 $0
2015 $15,641 $849,478 $0 $0
2014 $15,837 $842,737 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Capote

    Seller's Agent in 2021

    Richard Capote

    Capote Global Realty LLC

    (305) 297-2547

    1 in this area

    8 Total Sales

    Richard Capote
    Section Image
  • Jason Villanueva

    Buyer's Agent in 2021

    Jason Villanueva

    One Sotheby's International Realty

    (305) 725-1696

    3 in this area

    23 Total Sales

    Jason Villanueva
    Section Image
  • Monica Betancourt

    Seller's Agent in 2019

    Monica Betancourt

    Coldwell Banker Realty

    (305) 632-7248

    8 in this area

    118 Total Sales

    Monica Betancourt
    Section Image
  • Justine Jimenez Garcia

    Seller's Agent in 2017

    Justine Jimenez Garcia

    Countywide Properties ERA Powe

    (305) 632-5523

    2 in this area

    40 Total Sales

    Justine Jimenez Garcia
    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A11019373

MIAMI REALTORS® MLS

APN: 33-5023-002-0310

Florida Miami/Dade County Palmetto Bay

33158

This home since 26 March 2021 and is currently estimated at $3,299,821, approximately $546 per square foot. This property was built in 1969. This home is a home located in Miami-Dade County with nearby schools including Howard Drive Elementary School, Palmetto Middle School, and Miami Palmetto Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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