NOT LISTED FOR SALE

Estimated Value: $4,165,372 - $5,765,000

5 Beds
5.5 Baths
3,819 Sq Ft
$1,384/Sq Ft Est. Value

Last Sold November 16, 2016

Last sale price $2,600,000 $681 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $31,297/month

69 Days on Market

Highlights

  • Boat Ramp
  • Newly Remodeled
  • Maid or Guest Quarters
  • Key Biscayne K-8 Center Rated A-
  • In Ground Pool
  • Marble Flooring

About This Home

As of November 2016

Clean, crisp, Island inspired design. 5 bedrooms, 5 bathrooms, 1 half bath. Interior Design by James Duncan Inc. The house is a must see. Quiet Oak lined street with all the amenities one would expect of a high-end Key Biscayne home.

Last Agent to Sell the Property

james duncan

Duncan Studio Real Estate Division PLLC License #3231829 Listed on: 06/24/2016

Last Buyer's Agent

james duncan

Duncan Studio Real Estate Division PLLC License #3231829 Listed on: 06/24/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,534

Year Built

  • Built in 2007 | Newly Remodeled

Lot Details

  • 7,500 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned RU-1

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Concrete Block With Brick
  • Aluminum Roof
  • Stucco Exterior

Interior Spaces

  • 3,819 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Formal Dining Room
  • Garden Views
  • High Impact Door

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry in Utility Room
  • Dryer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Exterior Lighting
  • Porch

Schools

  • Keybiscayne Elementary School
  • Mast Academy High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-006-2670

Community Details

Overview

  • No Home Owners Association
  • Tropical Isle Homes Sub Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,534

Year Built

Built in 2007 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Ramp
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Tropical Isle Homes Sub
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Other Equipment/Appliances, Water Purifier, Wall Oven
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), Maid/In-Law Quarters, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3819
  • Possible Use: Primary
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Maid/In-Law Quarters, Utility Room/Laundry

Exterior Features

  • Roof: Aluminum
  • View: Garden
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: Concrete Block With Brick, Stucco
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Tropical Isle Homes Sub
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, 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

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities, Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Keybiscayne
  • High School: Mast Academy

Lot Info

  • Parcel Number: 24-42-32-006-2670
  • Lot Size Sq Ft: 7500
  • Zoning: RU-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 25534

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2015
Sold by
Mejia Carlos F and Salaverria Ajejandrina
Bought by
Salaverria Alejandrina
Current Estimated Value
$5,286,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,126,352
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,636,870

Purchase Details

Closed on
Feb 22, 2007
Sold by
South Bay Developers Xv Llc
Bought by
Mejia Carlos F and Mejia Alejandrina Salaverria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.16%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 30, 2004
Sold by
Top Zafer and Top Pamela A
Bought by
South Bay Developers Xv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,455,000
Interest Rate
5.65%
Mortgage Type
Unknown
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
Salaverria Alejandrina -- None Available
Mejia Carlos F $1,889,400 Attorney
South Bay Developers Xv Llc $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salaverria Alejandrina $1,500,000
Closed Mejia Carlos F $410,645
Closed Mejia Carlos F $409,000
Closed Mejia Carlos F $100,000
Closed Mejia Carlos F $600,000
Previous Owner South Bay Developers Xv Llc $300,000
Previous Owner South Bay Developers Xv Llc $400,000
Previous Owner South Bay Developers Xv Llc $1,455,000
Previous Owner South Bay Developers Xv Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Sold $2,600,000 -18.8% $681 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $3,200,000 -- $838 / 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 $40,546 $2,600,545 -- --
2024 $39,280 $2,364,132 -- --
2023 $39,280 $2,149,211 $0 $0
2022 $34,513 $1,953,829 $0 $0
2021 $30,308 $1,776,209 $1,038,750 $737,459
2020 $27,597 $1,670,310 $924,375 $745,935
2019 $30,506 $1,841,911 $1,087,500 $754,411
2018 $29,654 $1,850,387 $1,087,500 $762,887
2017 $34,527 $2,136,363 $0 $0
2016 $25,159 $1,560,453 $0 $0
2015 $25,534 $1,549,606 $0 $0
2014 $25,920 $1,537,308 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10103762

MIAMI REALTORS® MLS

APN: 24-4232-006-2670