NOT LISTED FOR SALE

118 Sarto Ave Coral Gables, FL 33134

Southeast Gables Neighborhood

Estimated Value: $872,000 - $1,058,933

3 Beds
2 Baths
1,555 Sq Ft
$598/Sq Ft Est. Value

Last Sold December 26, 2024

Last sale price $865,000 $556 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,172/month

82 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Den
  • Coral Gables Senior High School Rated A-
  • No HOA
  • Converted Garage

About This Home

As of December 2024

Rare investment opportunity to make this house your dream home. Code and permit violations existing for illegal interior work. All offers submitted are not subject to any contingencies. AS IS sale. Proof of funds must be submitted with offer. Please DO NOT disturb tenant. Appointment requests must be submitted via email or text.

Last Listed By

Marcos Gomez

All South Florida Realty License #3141787 Listed on: 09/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,778

Year Built

  • Built in 1940

Lot Details

  • 5,250 Sq Ft Lot
  • North Facing Home
  • Property is zoned 0100

Parking

  • 1 Car Attached Garage
  • Converted Garage
  • Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 1,555 Sq Ft Home
  • 1-Story Property
  • Den

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Studio bedroom
  • 2 Full Bathrooms
  • Shower Only

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Coconut Gr Sec 1 C Gab Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-41-17-007-1280

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,778

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • 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: COCONUT GR SEC 1 C GAB
  • Year Built Details: Unknown
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: First Floor Entry, Den/Library/Office, Garage Converted
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Other, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1555
  • Other Equipment: No Equipment
  • Possible Use: Investment
  • Bedroom Features: Primary Bath Shower, Primary Bedroom Upstairs, Studio
  • Living Room Features: Den/Library/Office, Garage Converted
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Barrel Roof
  • View: None
  • Exterior Features: Fruit Trees
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: Handyman Special
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: COCONUT GR SEC 1 C GAB
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 03-41-17-007-1280
  • Lot Size Sq Ft: 5250
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11778

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Dec 23, 2024
Sold by
Gomez Manuel and Gomez Paola Guerrero
Bought by
118 Sarto Llc
Seller's Agent
Marcos Gomez
All South Florida Realty
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$1,100,000
Sold Price
$865,000
Premium/Discount to List
-$235,000
-21.36%
Total Days on Market
82
Views
62
Current Estimated Value
$929,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,983
Avg. Annual Appreciation
24.55%
Original Mortgage
$1,035,914
Outstanding Balance
$977,697
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
-$47,714

Purchase Details

Closed on
Jun 2, 2017
Sold by
Guerrero Fernanda
Bought by
Guerrero Z Paola

Purchase Details

Closed on
Sep 26, 2006
Sold by
Gorgatti Bruno C and Pavageau Juliana
Bought by
Gomez Manuel and Guerrero Fernanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 11, 2000
Sold by
Paluszek Andrew
Bought by
Gorgatti Bruno C and Pavageau Juliana

Purchase Details

Closed on
Jun 1, 1998
Sold by
Roberto and Iglesias Yolanda
Bought by
Paluszek Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
7.11%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
118 Sarto Llc $865,000 None Listed On Document
118 Sarto Llc $865,000 None Listed On Document
Guerrero Z Paola -- Attorney
Gomez Manuel $580,000 Attorney
Gorgatti Bruno C $240,000 --
Paluszek Andrew $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 118 Sarto Llc $1,035,914
Closed 118 Sarto Llc $1,035,914
Previous Owner Gomez Manuel $464,000
Previous Owner Gorgatti Bruno C $333,700
Previous Owner Gorgatti Bruno C $284,000
Previous Owner Paluszek Andrew $228,000
Previous Owner Paluszek Andrew $145,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2024 12/26/24 Sold $865,000 -2.8% $556 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
12/03/2024 12/03/24 Price Changed $890,000 -8.7% $572 / Sq Ft
11/18/2024 11/18/24 Price Changed $975,000 -11.4% $627 / Sq Ft
09/18/2024 09/18/24 For Sale $1,100,000 -- $707 / 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
2024 $11,779 $615,407 -- --
2023 $11,779 $559,461 $0 $0
2022 $10,869 $598,396 $351,876 $246,520
2021 $9,672 $462,365 $275,496 $186,869
2020 $9,721 $463,929 $275,496 $188,433
2019 $9,769 $465,492 $275,496 $189,996
2018 $8,699 $467,055 $275,496 $191,559
2017 $7,177 $406,394 $0 $0
2016 $6,283 $398,036 $0 $0
2015 $13,187 $395,270 $0 $0
2014 $6,978 $347,444 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marcos Gomez

    All South Florida Realty

    (305) 796-9275

    1 in this area

    2 Total Sales

    Marcos Gomez
    Section Image

  • N

    Buyer's Agent in 2024

    NON-MLS MEMBER

    MAR NON MLS MEMBER

See All Agents

Map

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Source: MIAMI REALTORS® MLS

MLS Number: A11661574

MIAMI REALTORS® MLS

APN: 03-4117-007-1280

Florida Miami/Dade County Coral Gables 33134 Southeast Gables

118 Sarto Ave, Coral Gables, FL

Homes for Sale in Coral Gables, FL

This home is located at 118 Sarto Ave, Coral Gables, FL 33134 since 18 September 2024 and is currently estimated at $929,983, approximately $598 per square foot. This property was built in 1940. 118 Sarto Ave is a home located in Miami-Dade County with nearby schools including Frances S. Tucker Elementary School, Ponce de Leon Middle School, and Coral Gables 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.