NOT LISTED FOR SALE

350 Redwood Ln Key Biscayne, FL 33149

Estimated Value: $4,236,000 - $4,685,000

5 Beds
5.5 Baths
3,633 Sq Ft
$1,231/Sq Ft Est. Value

Sale Details

Date Sold: May 11, 2020

Last sale price $2,010,000 $553 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $26,191 / mo

291 Days on Market

Highlights

  • Marble Flooring
  • No HOA
  • Cooking Island
  • Key Biscayne K-8 Center Rated A-
  • Den
  • Balcony

About This Home

As of May 2020

Great oportunity to own a Beautiful 5 bedroom 5 1/2 bath contemporary home built in '07 and located on one of the quietest, low traffic streets in Key Biscayne. Upgrades & renovations incld: New top-of-the-line kitchen, master bath, heated spa pool, wood deck, wine cellar, nanny's room and two car carport. This house meets all the requirements of an easy living family home.

Light, bright airy family home on quiet street. Newer construction with many upgrades. Big center island kitchen opens to large family room area. Covered first floor porch and second floor terrace of bedrooms, and a Huge Master Bedroom with two walk-in closets.

Last Agent to Sell the Property

Lucas Boccheciampe

Vantage Real Estate LLC License #3291732 Listed on: 05/21/2019

Last Buyer's Agent

Sara Deschamps

MMLS Assoc.-Inactive Member License #3463696

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,298

Year Built

  • Built in 2007

Lot Details

  • 7,500 Sq Ft Lot
  • North Facing Home
  • Property is zoned 0100

Parking

  • 4 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,633 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Den
  • High Impact Door

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Studio bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Tropical Isle Homes Sub 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-42-32-005-0430

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,298

Year Built

Built in 2007

Lot Details

7,500 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: TROPICAL ISLE HOMES SUB 3
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Den/Library/Office, Family Room
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3633
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Entry Level, Master Bedroom Upstairs, Studio
  • Living Room Features: Den/Library/Office, Family Room

Exterior Features

  • Roof: Other
  • View: None
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ISLE HOMES SUB 3
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 24-42-32-005-0430
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 28298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
May 6, 2020
Sold by
Volante Leonor and Males Daniel
Bought by
Bourlon Fernando Lopez Malo and Desehamps Sara
Seller's Agent
Lucas Boccheciampe
Vantage Real Estate LLC
Buyer's Agent
Sara Deschamps
MMLS Assoc.-Inactive Member
List Price
$2,550,000
Sold Price
$2,010,000
Premium/Discount to List
-$540,000
-21.18%
Current Estimated Value
$4,473,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,463,389
Avg. Annual Appreciation
14.31%
Original Mortgage
$1,608,000
Outstanding Balance
$1,424,911
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$3,048,478

Purchase Details

Closed on
May 24, 2019
Sold by
Matos Daniel and Volante Leonor
Bought by
Volante Leonor

Purchase Details

Closed on
Aug 10, 2017
Sold by
Soulavy Eric and Behrens Cristina
Bought by
Matos Daniel and Volante Leonor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 5, 2010
Sold by
Fdic
Bought by
Soulavy Eric

Purchase Details

Closed on
Jun 8, 2009
Sold by
Blue Sea Estates Llc
Bought by
Republic Federal Bank

Purchase Details

Closed on
Jan 20, 2006
Sold by
Redwood Investments Inc
Bought by
Blue Sea Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 29, 2000
Sold by
Lopez Jaime and Lopez Stella Maris Solis De
Bought by
Redwood Investments Inc
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
Bourlon Fernando Lopez Malo $2,010,000 Attorney
Volante Leonor -- None Available
Matos Daniel $2,300,000 Icon Title Inc
Soulavy Eric $1,800,000 Attorney
Republic Federal Bank $2,750,000 Attorney
Blue Sea Estates Llc $1,430,000 None Available
Redwood Investments Inc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bourlon Fernando Lopez Malo $1,608,000
Previous Owner Matos Daniel $1,150,000
Previous Owner Blue Sea Estates Llc $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2020 05/11/20 Sold $2,010,000 -12.6% $553 / Sq Ft
08/07/2019 08/07/19 Price Changed $2,300,000 -9.8% $633 / Sq Ft
05/17/2019 05/17/19 For Sale $2,550,000 -- $702 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $29,689 $1,905,195 -- --
2024 $29,292 $1,851,502 -- --
2023 $29,292 $1,797,575 $0 $0
2022 $28,233 $1,745,219 $0 $0
2021 $28,314 $1,694,388 $1,038,750 $655,638
2020 $26,231 $1,587,543 $924,375 $663,168
2019 $29,120 $1,758,158 $1,087,500 $670,658
2018 $28,298 $1,765,647 $1,087,500 $678,147
2017 $30,024 $1,857,587 $0 $0
2016 $30,162 $1,863,001 $0 $0
2015 $27,699 $1,565,899 $0 $0
2014 $25,809 $1,423,545 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucas Boccheciampe

    Seller's Agent in 2020

    Lucas Boccheciampe

    Vantage Real Estate LLC

    (305) 495-3865

    4 in this area

    19 Total Sales

    Lucas Boccheciampe
    Section Image

  • S

    Buyer's Agent in 2020

    Sara Deschamps

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10675732

MIAMI REALTORS® MLS

APN: 24-4232-005-0430

Florida Miami/Dade County Key Biscayne 33149

350 Redwood Ln, Key Biscayne, FL

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