See Home Value
$1,047,750*
House - Off Market

1556 Palermo Ave

Coral Gables, FL 33134
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1943 Sqft
$788,000 - $962,000
Reference Base Price*
19.74%
Since Feb 1, 2022
FL-Miami
Primary Model
Sold Jan 12, 2022
$875,000
$612,500 by Loandepotcom Llc
Mortgage Due Jan 01, 2052

About This Property

Beautifully renovated 3/2 with original Dade Co. wood floors in living areas, hallway and bedrooms and ceramic tile floors in other areas. Bedrooms have custom floor to ceiling closets with organizers & interior lighting. Master bathroom designed with classic/modern look and guest bathroom with spa like feel. An 1821 s.f. open flow-through design with infinite details, skylight for natural light. Formal Living room, formal dining room, breakfast nook opens to modern kitchen with island and built-in grill. Family room and TV room full of light with windows and French doors leading to cozy foliage patio. Walk to Biltmore hotel, Alhambra Water Tower, and other Coral Gables landmarks. Enc. garage disc.

The manager has listed the unit size as 1943 square feet.
Unit Size
1,943Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$450
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
1956

Price History

Date / Event Date Event Price
Jan 12, 2022 No longer available -
No longer available
Jan 12, 2022 Sold to Mario Joaquin Vengoechea, M... $875,000
Sold to Mario Joaquin Vengoechea, M...
Dec 5, 2021 In contract -
In contract
Nov 30, 2021 Price Decreased $875,000
↓ $24K (2.7%)
Price Decreased
Oct 29, 2021 Listed $899,000
Listed
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 121
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,943
  • Gross Building Area: 1,943
  • Building Area: 1,701
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,701
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORAL GABLES COUNTRY CLUB
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORAL GABLES COUNTRY CLUB SEC 1 PB 8-108 LOT 2 BLK 2 LOT SIZE 50.000 X 110 OR 21091-3156 03/2003 4

Ownership

  • Current Owner : VENGOECHEA MARIO JOSE
  • Current Owner 2: VENGOECHEA MARIO JOAQUIN
  • Previous Owner : DAISY BILBAO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CORAL GABLES
  • Census Tract: 006104

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 254
  • District: 03
  • Parcel: 03-4118-003-0170
  • Block: 2
  • Lot: 2
  • Meridian: SEC 18 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.7436
  • Longitude: -80.2867

    Address

  • Full Address: 1556 Palermo Ave
  • Address - House Number: 1556
  • Address - Street Name: Palermo
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C001
  • 4-Digit Zip Code: 6260
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 1,822
  • Tax Year: 2023
  • Tax Amount: $16,247
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,241,394
  • High Value: 1,463,462
  • Low Value: 1,019,326

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $612,500
  • First Open Lien Mortgage Lender: LOANDEPOTCOM LLC
  • First Open Lien Mortgage Recording Date: Jan 12, 2022
  • First Open Lien Mortgage Loan Amount: $612,500
  • 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, 2052

    Market Valuation

  • Market Total Value: $862,390
  • Market Land Value: $536,479
  • Market Improvement Value: $325,911

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $862,390
  • Assessed Land Value: $536,479
  • Assessed Improvements Value: $325,911

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 23, 2021
  • Current Sale Recording Date: Jan 12, 2022
  • Current Sale Transaction ID: 11878875575
  • Current Sale Price: $875,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 37263

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOTCOM LLC
  • First Mortgage Transaction Date: Jan 12, 2022
  • First Mortgage Loan Amount: $612,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,941 ft²
$412/ft²
$800,000 Aug 21, 2023
$800,000 Sep 26, 2023
$529/mo
House
3 Beds
2 Baths
1,857 ft²
$484/ft²
$899,000 Jul 11, 2023
$899,000 Oct 16, 2023
$419/mo
House
3 Beds
3 Baths
1,948 ft²
$331/ft²
$645,000 Nov 2, 2023
$645,000 Feb 29, 2024
$656/mo
House
3 Beds
3 Baths
1,923 ft²
$406/ft²
$780,000 Oct 26, 2023
$780,000 Mar 1, 2024
$563/mo
House
3 Beds
2 Baths
1,883 ft²
$377/ft²
$709,000 Oct 22, 2023
$709,000 Dec 15, 2023
$190/mo
House
3 Beds
2 Baths
1,477 ft²
$599/ft²
$885,000 Dec 28, 2023
$885,000 Feb 27, 2024
$692/mo
House
3 Beds
2 Baths
1,876 ft²
$405/ft²
$760,000 Dec 10, 2023
-
$383/mo
House
3 Beds
3 Baths
2,089 ft²
$464/ft²
$969,000 Feb 1, 2024
-
$853/mo
House
3 Beds
2 Baths
2,047 ft²
$469/ft²
$960,000 Jan 18, 2024
-
$604/mo
House
3 Beds
3 Baths
1,712 ft²
$497/ft²
$850,000 Feb 8, 2024
-
$341/mo
House
3 Beds
2 Baths
1,607 ft²
$591/ft²
$950,000 Mar 1, 2024
-
$633/mo
House
3 Beds
2 Baths
1,620 ft²
$555/ft²
$899,000 Feb 28, 2024
-
$903/mo

About Country Club Section


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Frequently Asked Questions

When was property at 1556 Palermo Avenue built and last sold?
The property at 1556 Palermo Avenue was built in 1956 and last sold on Dec 23, 2021 for $875,000.
How much is this home worth?
The estimated value of the home located at 1556 Palermo Avenue is $936,994.
What are some comparable homes to 1556 Palermo Avenue?
There are currently no comparable homes to 1556 Palermo Avenue.

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