NOT LISTED FOR SALE

Estimated Value: $2,901,000 - $3,844,000

4 Beds
4.5 Baths
5,162 Sq Ft
$659/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $2,415,000 $468 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $21,218/month

306 Days on Market

Highlights

  • Marina
  • Lake Front
  • Golf Course Community
  • Howard Drive Elementary School Rated A-
  • Boat Dock
  • Built in 1993 | Newly Remodeled

About This Home

As of February 2023

Custom Build three-store, beautiful 4 beds/4.5 baths family home located in one of the finest estate homes, the Deering Bay Estate in Coral Gables. With a magnificent golf course and lake view, you can enjoy Privacy tranquility within your home or the world-class amenities just outside your door. a Master Bedroom with a sitting area, and a bonus entertaining room. The well-appointed kitchen with breakfast area, four terraces, and a family room overlooking the golf course and peaceful lake. Formal living and dining rooms, and elevator. The Yacht & Country Club has 220 acres of resort-style amenities including an Arnold Palmer signature golf course, tennis courts, clubhouse, fitness center, and marinas. Top public and private schools.
Driving Directions:

Last Agent to Sell the Property

Hong Cecol

Interinvestments Realty, Inc. Brokerage Phone: 305-878-0920 License #3226766 Listed on: 04/27/2022

Interinvestments Realty, Inc.

Last Buyer's Agent

Eliot Rodriguez

Compass Florida, LLC License #3222371

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,248

Year Built

  • Built in 1993 | Newly Remodeled

Lot Details

  • 7,424 Sq Ft Lot
  • Lake Front
  • Southwest Facing Home
  • Property is zoned 0100

HOA Fees

  • $981 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Guest Parking
  • Open Parking
  • Golf Cart Parking

Property Views

  • Lake
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,162 Sq Ft Home
  • Central Vacuum
  • Electric Shutters
  • Blinds
  • Bay Window
  • Family Room
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Separate Shower in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Electric Power Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Screened Balcony
  • Patio

Schools

  • Howard Drive Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03-50-24-008-0070

Community Details

Overview

  • Deering Bay Estates,Deering Bay Estates Subdivision

Recreation

  • Boat Dock
  • Marina
  • Golf Course Community
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,248

Year Built

Built in 1993 | Newly Remodeled

Lot Details

0

HOA Fees

$981 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories, Mediterranean
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock, Community Marina
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: DEERING BAY ESTATES,DEERING BAY ESTATES
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-878-0920
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Elevator, Walk-In Closet(s), Family Room
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 5162
  • Other Equipment: Central Vacuum, Elevator
  • Possible Use: Primary
  • Window Features: Complete Accordian Shutters, Complete Electric Power Shutters, Electric Shutters, Bay Window(s), Blinds
  • Bedroom Features: Sitting Area - Primary Bedroom, Primary Bedroom Upstairs, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room
  • Master Bathroom Features: 2 Primary Bathrooms, Separate Tub & Shower

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Golf Course, Lake
  • Exterior Features: Screened Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: DEERING BAY ESTATES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Golf Cart Parking, Guest

Utilities

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

Condo/Co-op/Association

  • Association Fee: 981
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Additional Amenities, Pool, Golf Course Community
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Howard Drive
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 03-50-24-008-0070
  • Lot Size Sq Ft: 7424
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 24248

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Feb 27, 2023
Sold by
Cao Jing and Cao Chiping
Bought by
Menendez Manuel E and Menendez Catherine
Seller's Agent
Hong Cecol
Interinvestments Realty, Inc.
Buyer's Agent
Eliot Rodriguez
Compass Florida, LLC
List Price
$2,698,000
Sold Price
$2,415,000
Premium/Discount to List
-$283,000
-10.49%
Views
16
Current Estimated Value
$3,402,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$987,973
Avg. Annual Appreciation
12.98%

Purchase Details

Closed on
Apr 27, 2011
Sold by
Hochberg Brenda
Bought by
Cao Jing and Fang Chiping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 21, 1993
Sold by
Deering Bay Assoc
Bought by
Hochbeg Samuel and Hochberg Brenda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Menendez Manuel E $2,415,000 --
Cao Jing $1,200,000 Attorney
Hochbeg Samuel $988,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cao Jing $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2023 02/28/23 Sold $2,415,000 -10.5% $468 / Sq Ft
08/23/2022 08/23/22 Price Changed $2,698,000 0.0% $523 / Sq Ft
08/23/2022 08/23/22 For Sale $2,698,000 +11.7% $523 / Sq Ft
07/28/2022 07/28/22 Off Market $2,415,000 -- --
04/27/2022 04/27/22 For Sale $2,850,000 0.0% $552 / Sq Ft
10/30/2019 10/30/19 Rented $8,400 +1.2% --
10/18/2019 10/18/19 Under Contract -- -- --
10/02/2019 10/02/19 Price Changed $8,300 -5.7% $2 / Sq Ft
08/03/2019 08/03/19 Price Changed $8,800 -2.2% $2 / Sq Ft
07/03/2019 07/03/19 Price Changed $9,000 -5.3% $2 / Sq Ft
06/19/2019 06/19/19 For Rent $9,500 +8.0% --
01/01/2017 01/01/17 Rented $8,800 -2.2% --
11/10/2016 11/10/16 Under Contract -- -- --
08/10/2016 08/10/16 For Rent $9,000 +5.9% --
05/29/2015 05/29/15 Rented $8,500 0.0% --
04/29/2015 04/29/15 Under Contract -- -- --
03/26/2015 03/26/15 For Rent $8,500 +13.3% --
08/05/2013 08/05/13 Rented $7,500 -11.8% --
07/06/2013 07/06/13 Under Contract -- -- --
06/07/2013 06/07/13 For Rent $8,500 +19.7% --
06/04/2012 06/04/12 Rented $7,100 -16.5% --
05/05/2012 05/05/12 Under Contract -- -- --
02/23/2012 02/23/12 For Rent $8,500 -- --
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 $28,038 $1,623,171 -- --
2024 $30,451 $1,577,426 -- --
2023 $30,451 $1,554,847 $0 $0
2022 $27,538 $1,413,498 $0 $0
2021 $24,248 $1,284,999 $386,048 $898,951
2020 $25,387 $1,341,858 $430,592 $911,266
2019 $25,685 $1,354,172 $430,592 $923,580
2018 $25,726 $1,388,758 $452,864 $935,894
2017 $24,460 $1,303,343 $0 $0
2016 $25,170 $1,314,485 $0 $0
2015 $25,865 $1,325,626 $0 $0
2014 $26,044 $1,298,568 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11193293

MIAMI REALTORS® MLS

APN: 03-5024-008-0070