NOT LISTED FOR SALE

Estimated Value: $2,064,000 - $2,744,000

5 Beds
4 Baths
2,898 Sq Ft
$864/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $1,900,000 $656 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $17,155/month

35 Days on Market

Highlights

  • Water Views
  • Gated Community
  • Main Floor Bedroom
  • In Ground Pool
  • Roman Tub
  • No HOA

About This Home

As of February 2022

RARE FIND! This beautiful 5 Bedroom 4 Full Bathroom Plus a den (could be used as a room). Fully remodeled with a modern elegant design throughout the house with top-of-the-line appliances. Brand-New Under ground pool being built just to put the Cherry on Top to this beautiful home.
In the gated community of North Bay Village. It's 5 Minutes away from Miami Beach and 20 Min to MIA & FLL airports.
LOCATION LOCATION!! This property is a must SEE. Also can be rented monthly or Short-Term rentals (Airbnb & VRBO)! This home can potentially make 30k A MONTH during high travel season. Airbnb income established!
DONT LET THIS DEAL PASS YOU BY. Please Click link for a virtual tour!

Last Agent to Sell the Property

Teresita Vargas

Coldwell Banker Realty License #3416489 Listed on: 11/09/2021

Coldwell Banker Realty

Last Buyer's Agent

Frank Lustig

Compass Florida, LLC License #3472631

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,132

Year Built

  • Built in 1992

Lot Details

  • 8,000 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0900

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Elevated Home
  • Barrel Roof Shape
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,898 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Formal Dining Room
  • Den
  • Ceramic Tile Flooring
  • Water Views

Kitchen

  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 4 Full Bathrooms
  • Roman Tub
  • Bathtub

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Clear Impact Glass
  • High Impact Door

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 23-32-09-008-1330

Community Details

Overview

  • No Home Owners Association
  • North Bay Island Subdivision

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,132

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: NORTH BAY ISLAND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Cooking Island, Custom Mirrors, Roman Tub, Walk-In Closet(s), Den/Library/Office, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 2898
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Upstairs, Master Bath Tub
  • Dining Room Features: Dining/Living Room, Formal Dining
  • Living Room Features: Den/Library/Office, Utility Room/Laundry

Exterior Features

  • Roof: Barrel Roof, Concrete
  • View: Water
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction, Elevated Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: NORTH BAY ISLAND
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community, Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 23-32-09-008-1330
  • Lot Size Sq Ft: 8000
  • Zoning: 0900
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 15132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Feb 17, 2022
Sold by
Michelle Craig
Bought by
Pv Invest Land Usa Corp
Seller's Agent
Teresita Vargas
Coldwell Banker Realty
Buyer's Agent
Frank Lustig
Compass Florida, LLC
List Price
$2,000,000
Sold Price
$1,900,000
Premium/Discount to List
-$100,000
-5%
Current Estimated Value
$2,502,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,986
Avg. Annual Appreciation
8.12%

Purchase Details

Closed on
Jan 14, 2020
Sold by
Karpov Andrei
Bought by
Craig Michelle and Shaw Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2019
Closed on
Mar 5, 2019
Sold by
Siegel Steven and Siegel Wendy W
Bought by
Karpov Andrei
Seller's Agent
Shaun Grenald
Paz Global, Inc.
Buyer's Agent
Shaun Grenald
Paz Global, Inc.
List Price
$649,000
Sold Price
$600,000
Premium/Discount to List
-$49,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.66%

Purchase Details

Closed on
Jun 4, 1998
Sold by
Vladimir and Volf Ramona R
Bought by
Siegel Steven and Siegel Wendy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Pv Invest Land Usa Corp $1,900,000 Union Title
Craig Michelle $940,000 Title Now Llc
Karpov Andrei $600,000 Attorney
Siegel Steven $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Craig Michelle $49,999
Previous Owner Craig Michelle $752,000
Previous Owner Siegel Steven $420,000
Previous Owner Siegel Steven $184,279
Previous Owner Siegel Steven $196,000
Previous Owner Siegel Steven $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $1,900,000 -5.0% $656 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $2,000,000 +233.3% $690 / Sq Ft
03/06/2019 03/06/19 Sold $600,000 -7.6% $207 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $649,000 -- $224 / 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 $42,205 $1,888,960 $880,000 $1,008,960
2024 $38,579 $1,823,038 -- --
2023 $38,579 $1,657,308 $623,664 $1,033,644
2022 $15,059 $655,348 $0 $0
2021 $15,132 $636,261 $344,208 $292,053
2020 $14,620 $573,878 $336,029 $237,849
2019 $14,407 $577,136 $336,029 $241,107
2018 $7,670 $316,805 $0 $0
2017 $7,772 $310,289 $0 $0
2016 $7,181 $303,907 $0 $0
2015 $7,344 $301,795 $0 $0
2014 $7,429 $299,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11121965

MIAMI REALTORS® MLS

APN: 23-3209-008-1330