by RH Advisors

See Home Value
$1,375,000
House - Off Market

1240 Ortega Ave

Coral Gables, FL 33134
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2071 Sqft
$7,211
Estimated Monthly
$0
HOA / Fees
2.97%
Cap Rate

About This Property

Beautifully Maintained Home Located In The Heart Of Coral Gables. Interior Features Include 3 Bedrooms, 3 Bathrooms, 2 Story, Corner Lot, Formal Dining and Living Room, Family Room Looking Out To The Private Fenced In Patio. Kitchen With Stainless Steel Appliances, Indoor Laundry Room. Primary Bedroom With Walk In Closets, Sitting Area. Exterior Features Include Private Corner Lot, Fenced In Backyard With Lush Landscaping, Storage Room, Impact Windows and Storm Shutters, Exterior Lighting and Alarm System. No HOA.
Unit Size
2,071Ft²
Days on Market
34 days
Land Size
-
Price per sqft
$676
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1977
Last updated: 5 months ago (Beaches MLS #F10408155)

Price History

Date / Event Date Event Price
Dec 18, 2023 Sold to Fabiano Luigi Caruana $1,375,000
Sold to Fabiano Luigi Caruana
Nov 16, 2023 In contract -
In contract
Nov 3, 2023 Listed by Keller Williams Realty Consult $1,399,000
Listed by Keller Williams Realty Consult

Property Highlights

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 5,250
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,470
  • Gross Building Area: 2,470
  • Building Area: 2,071
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,071
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: C GAB GRANADA
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • Legal Description 1: C GAB GRANADA SEC REV PB 8-113 LOT 7 BLK 42 LOT SIZE 50 X 105 OR 10006 440 0478 1 COC 22144-4813 03 2004 5

Ownership

  • Current Owner : CARUANA FABIANO LUIGI
  • Previous Owner : MIRIAM C FERNANDEZ LIVING TRUST
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CORAL GABLES
  • Census Tract: 006105

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 243
  • District: 03
  • Parcel: 03-4107-018-4801
  • Block: 42
  • Lot: 7
  • Meridian: SEC 07 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.7581
  • Longitude: -80.2809

    Address

  • Full Address: 1240 Ortega Ave
  • Address - House Number: 1240
  • Address - Street Name: Ortega
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C053
  • 4-Digit Zip Code: 2379
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 2,085
  • Tax Year: 2023
  • Tax Amount: $4,158
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,186,285
  • High Value: 1,398,495
  • Low Value: 974,076

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $726,200
  • First Open Lien Mortgage Lender: CAPITAL CITY HOME LOANS, LLC
  • First Open Lien Mortgage Recording Date: Dec 18, 2023
  • First Open Lien Mortgage Loan Amount: $726,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $677,046
  • Market Land Value: $399,000
  • Market Improvement Value: $278,046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,137

    Sales

  • Current Sale Contract Date: Dec 06, 2023
  • Current Sale Recording Date: Dec 18, 2023
  • Current Sale Transaction ID: 11918285600
  • Current Sale Price: $1,375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 904814

    Last Sale Mortgage

  • First Mortgage Lender: CAPITAL CITY HOME LOANS, LLC
  • First Mortgage Transaction Date: Dec 18, 2023
  • First Mortgage Loan Amount: $726,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,972 ft²
$631/ft²
$1,245,000 Sep 8, 2023
$1,245,000 Nov 13, 2023
$697/mo
House
3 Beds
3 Baths
1,998 ft²
$836/ft²
$1,670,000 Sep 1, 2023
$1,670,000 Oct 12, 2023
$905/mo
House
3 Beds
2 Baths
1,734 ft²
$634/ft²
$1,100,000 Jun 14, 2023
$1,100,000 Sep 19, 2023
$568/mo
House
3 Beds
3 Baths
1,530 ft²
$771/ft²
$1,180,000 Jun 27, 2023
$1,180,000 Nov 13, 2023
$691/mo
House
4 Beds
3 Baths
1,794 ft²
$585/ft²
$1,050,000 Feb 13, 2023
$1,050,000 Sep 27, 2023
$516/mo
House
2 Beds
2 Baths
1,544 ft²
$939/ft²
$1,450,000 Aug 21, 2023
$1,450,000 Oct 6, 2023
$533/mo
House
3 Beds
2 Baths
2,002 ft²
$687/ft²
$1,375,000 Nov 21, 2023
-
$430/mo
House
3 Beds
2 Baths
1,601 ft²
$931/ft²
$1,490,000 Nov 20, 2023
-
$1,737/mo
House
3 Beds
2 Baths
1,552 ft²
$934/ft²
$1,450,000 Nov 27, 2023
-
$432/mo
House
3 Beds
2 Baths
750 ft²
$1,533/ft²
$1,150,000 Sep 22, 2023
-
$327/mo
House
4 Beds
3 Baths
1,728 ft²
$666/ft²
$1,150,000 Aug 23, 2023
-
$882/mo
House
4 Beds
3 Baths
2,800 ft²
$491/ft²
$1,375,000 Nov 7, 2023
-
$274/mo

About Granada


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Frequently Asked Questions

When was property at 1240 Ortega Avenue built and last sold?
The property at 1240 Ortega Avenue was built in 1977 and last sold on Dec 6, 2023 for $1,375,000.
How much is this home worth?
The estimated value of the home located at 1240 Ortega Avenue is $1,423,448.
What are some comparable homes to 1240 Ortega Avenue?
Homes that are comparable to 1240 Ortega Avenue include a house property at 1119 Lisbon Street, 1209 Ferdinand Street, 4390 Southwest 15th Street.

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