NOT LISTED FOR SALE

Estimated Value: $3,488,000 - $4,385,000

5 Beds
5.5 Baths
4,100 Sq Ft
$962/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $1,950,000 $476 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $24,914/month

198 Days on Market

Highlights

  • Property has ocean access
  • Dock Available
  • In Ground Pool
  • Coconut Grove Elementary School Rated A
  • 1 Bedroom Guest House
  • 2-minute walk to Steele Mini Park

About This Home

As of May 2018

Designed by Robert Whitton, "Grove House" was his last contemporary architectural masterpiece built in Miami. In 2009 the house was remodeled and brought back to it's original splendor. A true example of contemporary architecture with Natural light in every room giving the home a bright open feel while maintaining privacy. The property takes advantage of deeded dock rights, which allow for small craft mooring and no bridges to the bay as well as the ability to enjoy Biscayne Bay by kayak or paddle board. The home boasts 4100 sq.ft of modular living, elevated 12 feet above sea level. It's center piece, a living and family room which boasts 30ft ceilings, a beautiful fireplace and adjoining bar area, all open to the private pool area on the same level. This home is a true masterpiece.

Last Agent to Sell the Property

Aurelia Falero

RE/MAX Advance Realty License #3077691 Listed on: 10/17/2017

RE/MAX Advance Realty

Last Buyer's Agent

Jill Penman

One Sotheby's International Realty License #3055685

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,758

Year Built

  • Built in 1987

Lot Details

  • 6,765 Sq Ft Lot
  • Waterfront
  • South Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 5 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,100 Sq Ft Home
  • Fireplace
  • Wood Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Dock Available
  • Deck

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House

Schools

  • Coconut Grove Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Fairview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-14-001-0091

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,758

Year Built

Built in 1987

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Three Or More Stories
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: FAIRVIEW
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Split Bedroom, Maid/In-Law Quarters
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 4100
  • Possible Use: Primary
  • Window Features: Complete Impact Glass, High Impact Windows
  • Bedroom Features: Primary Bedroom Upstairs
  • Living Room Features: Maid/In-Law Quarters

Exterior Features

  • Roof: Concrete
  • View: Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: FAIRVIEW
  • Covered Parking Spaces: 5
  • Garage Spaces: 5
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Coconut Grove
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-14-001-0091
  • Lot Size Sq Ft: 6765
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 11758

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2018
Sold by
Fort Family Fairview Llc
Bought by
Santi 10 Llc
Current Estimated Value
$3,943,109

Purchase Details

Listed on
Oct 17, 2017
Closed on
May 30, 2018
Sold by
Falero Ramon and Falero Claudia
Bought by
Fort Family Fairview Llc
Seller's Agent
Aurelia Falero
RE/MAX Advance Realty
Buyer's Agent
Jill Penman
One Sotheby's International Realty
List Price
$2,779,000
Sold Price
$1,950,000
Premium/Discount to List
-$829,000
-29.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Jul 28, 2009
Sold by
Gratas Enrique and Montalvo Beatriz
Bought by
Falero Ramon and Falero Claudia

Purchase Details

Closed on
Sep 15, 1999
Sold by
Badia Joseph A and Badia Nancy L
Bought by
Gratas Enrique and Gratas Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Santi 10 Llc -- Attorney
Santi 10 Llc $2,300,000 Attorney
Fort Family Fairview Llc $1,950,000 Attorney
Falero Ramon $700,000 Attorney
Gratas Enrique $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falero Ramon A $880,000
Previous Owner Falero Ramon A $150,000
Previous Owner Falero Ramon $708,000
Previous Owner Gratas Enrique $300,000
Previous Owner Gratas Enrique $80,000
Previous Owner Gratas Enrique $32,000
Previous Owner Gratas Enrique $475,700
Previous Owner Gratas Enrique $130,000
Previous Owner Gratas Enrique $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $1,950,000 -11.2% $476 / Sq Ft
04/03/2018 04/03/18 Price Changed $2,195,000 -6.4% $535 / Sq Ft
02/14/2018 02/14/18 Price Changed $2,345,000 -6.0% $572 / Sq Ft
01/12/2018 01/12/18 Price Changed $2,495,000 -7.4% $609 / Sq Ft
12/05/2017 12/05/17 Price Changed $2,695,000 -3.0% $657 / Sq Ft
10/17/2017 10/17/17 For Sale $2,779,000 -- $678 / 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 $41,150 $2,147,668 -- --
2024 $39,823 $1,952,426 -- --
2023 $39,823 $1,774,933 $0 $0
2022 $34,669 $1,613,576 $0 $0
2021 $31,546 $1,466,888 $593,967 $872,921
2020 $31,222 $1,448,109 $565,554 $882,555
2019 $31,498 $1,457,743 $565,554 $892,189
2018 $11,792 $586,819 $0 $0
2017 $11,671 $574,750 $0 $0
2016 $11,758 $562,929 $0 $0
2015 $11,888 $559,016 $0 $0
2014 $12,023 $554,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10357337

MIAMI REALTORS® MLS

APN: 01-4114-001-0091