NOT LISTED FOR SALE

Estimated Value: $3,719,065 - $4,847,000

3 Beds
3 Baths
2,658 Sq Ft
$1,684/Sq Ft Est. Value

Last Sold February 27, 2013

Last sale price $1,245,000 $468 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $25,377/month

90 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Formal Dining Room
  • Morningside K-8 Academy Rated 9+
  • Garden View
  • 2 Car Attached Garage

About This Home

As of February 2013

Traditional style home with a pool. Elegant built-ins, wood floors, large scale rooms, freshly painted inside/out..Sited on a expansive 15,403 Sq Ft Interior corner lot located on Miami's Private Island, Bay Point. Prestigious walled community with Resid ent owned streets for those who seek a higher level of security, serenity and privacy. Convenient to I-95, The Miami Design District, Miami Intl Airport , MidTown shops & the Beaches. Vibrant city location with a country feel.

Last Agent to Sell the Property

Kathryn Taxman

MMLS Assoc.-Inactive Member License #0659439 Listed on: 10/29/2012

Last Buyer's Agent

Kathy Green

Coldwell Banker Realty License #0344003

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,605

Year Built

  • Built in 1951

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 93x165
  • East Facing Home
  • Interior Lot
  • Property is zoned 1 /S FM

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,658 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Family Room
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Patio

Location

  • East of U.S. Route 1

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-008-1290

Community Details

Overview

  • Bay Point Subdivision
  • The community has rules related to no trucks or trailers

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,605

Year Built

Built in 1951

Lot Details

0

HOA Fees

$133 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Directions: 45TH & BISCAYNE TO GATE: ISLAND RD TO LAKE RD TURN LEFT. 2ND HOUSE ON YOUR LEFT.
  • Garage Yn: Yes
  • Horses: No
  • Lot Size: 93x165
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: BAY POINT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 1245000
  • InternetRemarks: Traditional style family home with pool on Miami's private Island of Bay Point.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 2658
  • Possible Use: Unknown/Withheld
  • Window Features: Bay Window(s)
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Family Room

Exterior Features

  • Roof: Flat Tile
  • View: Garden, Pool
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Disclosures: Disclosure
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot, East Of US 1, Interior Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BAY POINT
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, No Trucks/Trailers

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1600
  • Association Fee Frequency: Annually
  • Association: No
  • Community Features: Private Roads, Security Patrol, Underground Utilities

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-19-008-1290
  • Lot Size Sq Ft: 15403
  • Zoning: 1 /S FM

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 7605

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2013
Sold by
Cignarale Armando J and Cignarale Maria A
Bought by
Rivera Juan Jose and Fernandez Ana Raquel
Current Estimated Value
$4,477,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.39%
Mortgage Type
Balloon

Purchase Details

Listed on
Oct 29, 2012
Closed on
Feb 27, 2013
Sold by
Morgan Charles O
Bought by
Cignarale Armando J and Cignarale Maria A
Seller's Agent
Kathryn Taxman
MMLS Assoc.-Inactive Member
Buyer's Agent
Kathy Green
Coldwell Banker Realty
List Price
$1,375,000
Sold Price
$1,245,000
Premium/Discount to List
-$130,000
-9.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%

Purchase Details

Closed on
Jan 10, 2012
Sold by
Morgan Corabel
Bought by
Morgan Charles
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
Rivera Juan Jose $1,300,000 Attorney
Cignarale Armando J $1,245,000 Attorney
Morgan Charles -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rivera Juan Jose $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2013 02/27/13 Sold $1,245,000 -4.2% $468 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
01/09/2013 01/09/13 Price Changed $1,299,000 -5.5% $489 / Sq Ft
11/02/2012 11/02/12 For Sale $1,375,000 -- $517 / 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 $23,952 $1,253,728 -- --
2024 $23,836 $1,218,395 -- --
2023 $23,836 $1,182,908 $0 $0
2022 $23,190 $1,148,455 $0 $0
2021 $23,183 $1,115,005 $0 $0
2020 $22,913 $1,099,611 $0 $0
2019 $22,436 $1,074,889 $0 $0
2018 $21,595 $1,054,847 $0 $0
2017 $21,382 $1,033,151 $0 $0
2016 $21,557 $1,011,902 $0 $0
2015 $21,497 $991,145 $0 $0
2014 $21,745 $983,279 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1709045

MIAMI REALTORS® MLS

APN: 01-3219-008-1290