NOT LISTED FOR SALE

485 Glenridge Rd Key Biscayne, FL 33149

Estimated Value: $2,721,601 - $3,749,000

3 Beds
3 Baths
1,923 Sq Ft
$1,662/Sq Ft Est. Value

Last Sold October 17, 2012

Last sale price $1,350,000 $702 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $18,928/month

Highlights

  • In Ground Pool
  • Marble Flooring
  • Garden View
  • Key Biscayne K-8 Center Rated A-
  • Main Floor Primary Bedroom
  • 4-minute walk to Paradise Park

About This Home

As of April 2019

Come live at this wonderful Key Biscayne tropical residence. Enjoy a home full of warm interior spaces and a very private, lush garden pool. Live very well located, walking distance to all KB schools, parks, and restaurants. This home comes equipped with an open kitchen and has a split plan to separate adults and children. French doors provide access to the pool area. Bathroom with spa/ tub and separate shower. Not for sale. Lawn and Pool included.

Last Agent to Rent the Property

Luis Orozco

MMLS Assoc.-Inactive Member License #3374647 Listed on: 03/08/2019

Co-Listed By

M. Ginette Orozco

Coldwell Banker Realty License #0551699

Last Renter's Agent

Luis Orozco

MMLS Assoc.-Inactive Member License #3374647 Listed on: 03/08/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 7,706 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Split Level Home
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,923 Sq Ft Home
  • Decorative Fireplace
  • Drapes & Rods
  • French Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Marble
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Circular Driveway
  • Open Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Fence Around Pool

Outdoor Features

  • Patio

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 5/1/19
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 24-42-32-004-1130

Community Details

Overview

  • No Home Owners Association
  • Tropical Isle Homes Sub 1 Subdivision
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2019-05-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry, Split Level
  • Co List Office Mls Id: CBRE07
  • Co List Office Phone: 305-361-5722
  • Directions: Enter Key Biscayne. Right onto Harbor. Left to Fernwood at large traffic circle. Drive down Fernwood and make a right onto W Heather Dr. Left onto Glenridge, house is on the left.
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB 1
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, French Doors
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Entry Location: Foyer
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Ceramic Floor, Marble, Vinyl
  • Furnished: Unfurnished
  • Living Area: 1923
  • Window Features: Drapes
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Fenced, Private
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ISLE HOMES SUB 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

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

Condo/Co-op/Association

  • Amenities: Other, Spa/Hot Tub
  • Association: No
  • Community Features: Lawn/Pool Maintenance

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-004-1130
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7706
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2012
Closed on
Oct 17, 2012
Sold by
Bozzuto Joanne E
Bought by
M & M 485 Llc
Seller's Agent
Lourdes Aragon
RESEARCH MANAGEMENT CORPORATION
Buyer's Agent
Patrice Scemana
Capital International Realty, Inc
List Price
$1,350,000
Sold Price
$1,350,000
Current Estimated Value
$3,195,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,845,400
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Jan 29, 1999
Sold by
Bankatlantic
Bought by
Bozzuto Joanne E

Purchase Details

Closed on
Jun 22, 1998
Sold by
Dade County Circuit Court
Bought by
Bankatlantic

Purchase Details

Closed on
Aug 8, 1996
Sold by
Velarde Ricardo A and Velarde Rosa L Leon
Bought by
Leon-Velarde Ricardo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
8.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 1995
Sold by
Leon Velarde Ricardo Adrian
Bought by
Leon Velarde Ricardo Adrian and Leon Velarde Rosa Luisa
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
M & M 485 Llc $1,350,000 Attorney
Bozzuto Joanne E $275,000 --
Bankatlantic $341,400 --
Leon-Velarde Ricardo A $100 --
Leon Velarde Ricardo Adrian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leon-Velarde Ricardo A $253,867
Previous Owner Leon-Velarde Ricardo A $275,000
Previous Owner Leon-Velarde Ricardo A $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2019 07/01/19 Off Market $5,600 -- --
06/30/2019 06/30/19 Rented $5,400 -3.6% --
03/24/2019 03/24/19 Under Contract -- -- --
03/01/2019 03/01/19 For Rent $5,600 -9.7% --
04/02/2013 04/02/13 Rented $6,200 -4.6% --
03/03/2013 03/03/13 Under Contract -- -- --
01/12/2013 01/12/13 For Rent $6,500 0.0% --
10/17/2012 10/17/12 Sold $1,350,000 0.0% $757 / Sq Ft View Prior Sale
09/25/2012 09/25/12 Pending -- -- --
09/17/2012 09/17/12 For Sale $1,350,000 0.0% $757 / Sq Ft
02/17/2012 02/17/12 Rented $6,000 0.0% --
01/18/2012 01/18/12 Under Contract -- -- --
07/27/2011 07/27/11 For Rent $6,000 -- --
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 $28,015 $1,693,792 -- --
2024 $27,156 $1,539,811 -- --
2023 $27,156 $1,399,829 $0 $0
2022 $23,044 $1,272,572 $0 $0
2021 $20,142 $1,188,214 $0 $0
2020 $17,880 $1,080,195 $949,764 $130,431
2019 $20,249 $1,248,687 $1,117,370 $131,317
2018 $20,058 $1,249,573 $1,117,370 $132,203
2017 $21,297 $1,149,318 $0 $0
2016 $20,915 $1,044,835 $0 $0
2015 $19,527 $949,850 $0 $0
2014 -- $863,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10635481

MIAMI REALTORS® MLS

APN: 24-4232-004-1130