by RH Advisors

See Home Value
$1,605,000
House - Off Market

1605 Madrid St

Coral Gables, FL 33134
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1544 Sqft
$8,651
Estimated Monthly
$0
HOA / Fees
2.51%
Cap Rate

About This Property

Discover your fairytale dream in this enchanting 3 bed/2 bath home. Step into a world of charm through the captivating courtyard entrance. Marvel at the limestone floors, soaring exposed wood ceilings, and elegant arched details. This fully remodeled gem boasts fresh interior paint and impact-resistant doors & windows. The kitchen, a chef's delight, features top-tier Frigidaire appliances, and sleek Quartz countertops, and flows seamlessly into inviting living spaces. Indulge in spa-like bathrooms, offering a serene retreat. Outside, the built-in BBQ area sets the stage for memorable gatherings. Nestled just blocks from Granada Golf Course, this home's actual square footage is 1,634 sq. ft. (noted by the seller). A truly special residence, ready for you to make it yours!
Unit Size
1,544Ft²
Days on Market
36 days
Land Size
0.12 acres
Price per sqft
$1,020
Property Type
House
Property Taxes
$917
HOA Dues
-
Year Built
1953
Last updated: 2 months ago (Miami MLS #A11533713)

Price History

Date / Event Date Event Price
Mar 22, 2024 Sold $1,605,000
Sold
Feb 15, 2024 Listed by EXP Realty, LLC $1,575,000
Listed by EXP Realty, LLC
Oct 19, 2023 Sold to Geanette Collado $1,450,000
Sold to Geanette Collado
Sep 5, 2023 In contract -
In contract
Aug 21, 2023 Listed by EXP Realty, LLC $1,550,000
Listed by EXP Realty, LLC
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,250
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,858
  • Gross Building Area: 1,858
  • Building Area: 1,544
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,544
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORAL GABLES GRANADA
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORAL GABLES GRANADA SEC REV PB 8-113 LOT 1 BLK 40 LOT SIZE 50.000 X 105 OR 21172-4140 02/2003 4

Ownership

  • Current Owner : COLLADO GEANETTE
  • Previous Owner : JIMENEZ JEANNETTE
  • Previous Owner 2: PADRON ADRIANO L
  • Owner Before Previous Owner: JIMENEZ JEANNETTE
  • Is Owner Occupied: Owner-occupied property

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: 03-4107-018-4510
  • Block: 40
  • Lot: 1
  • Meridian: SEC 07 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.7567
  • Longitude: -80.2819

    Address

  • Full Address: 1605 Madrid St
  • Address - House Number: 1605
  • Address - Street Name: Madrid
  • Address - Suffix Type: St
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C053
  • 4-Digit Zip Code: 3501
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 1,666
  • Tax Year: 2023
  • Tax Amount: $11,000
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 1,495,124
  • High Value: 1,635,569
  • Low Value: 1,354,679

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,087,500
  • First Open Lien Mortgage Lender: EQUITY RESOURCES, INC.
  • First Open Lien Mortgage Recording Date: Oct 19, 2023
  • First Open Lien Mortgage Loan Amount: $1,087,500
  • 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: Nov 01, 2053

    Market Valuation

  • Market Total Value: $596,996
  • Market Land Value: $472,500
  • Market Improvement Value: $124,496

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $596,996
  • Assessed Land Value: $472,500
  • Assessed Improvements Value: $124,496

    Sales

  • Current Sale Contract Date: Oct 05, 2023
  • Current Sale Recording Date: Oct 19, 2023
  • Current Sale Transaction ID: 11915207353
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 748932
  • Previous Sale Recording Date: Sep 27, 2023
  • Previous Sale Contract Date: Sep 22, 2023
  • Previous Sale Amount: $142,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITY RESOURCES, INC.
  • First Mortgage Transaction Date: Oct 19, 2023
  • First Mortgage Loan Amount: $1,087,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
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
1,552 ft²
$876/ft²
$1,360,000 Nov 27, 2023
$1,360,000 Mar 25, 2024
$432/mo
House
3 Beds
2 Baths
1,882 ft²
$760/ft²
$1,430,000 Jan 24, 2024
$1,430,000 Feb 2, 2024
$795/mo
House
3 Beds
3 Baths
2,155 ft²
$800/ft²
$1,725,000 Sep 12, 2023
$1,725,000 Nov 9, 2023
$746/mo
House
2 Beds
2 Baths
2,031 ft²
$665/ft²
$1,350,000 Jan 19, 2024
$1,350,000 Mar 21, 2024
$1,396/mo
House
3 Beds
3 Baths
2,071 ft²
$664/ft²
$1,375,000 Nov 3, 2023
$1,375,000 Dec 7, 2023
$341/mo
House
3 Beds
2 Baths
1,687 ft²
$768/ft²
$1,295,000 Jan 18, 2024
-
$1,737/mo
House
3 Beds
2 Baths
1,812 ft²
$869/ft²
$1,574,000 Feb 29, 2024
-
$1,667/mo
House
3 Beds
3 Baths
1,576 ft²
$936/ft²
$1,475,000 Feb 3, 2024
-
$1,161/mo
House
3 Beds
2 Baths
1,848 ft²
$919/ft²
$1,699,000 Feb 1, 2024
-
$1,057/mo
House
3 Beds
3 Baths
1,502 ft²
$1,258/ft²
$1,890,000 Nov 24, 2023
-
$1,679/mo
House
3 Beds
3 Baths
2,002 ft²
$912/ft²
$1,825,000 Mar 22, 2024
-
$1,101/mo

About Granada


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Frequently Asked Questions

When was property at 1605 Madrid Street built and last sold?
The property at 1605 Madrid Street was built in 1953 and last sold on Oct 5, 2023 for $1,450,000.
How much is this home worth?
The estimated value of the home located at 1605 Madrid Street is $1,569,076.
What are some comparable homes to 1605 Madrid Street?
Homes that are comparable to 1605 Madrid Street include a house property at 1314 Ferdinand Street, 914 Madrid Street, 831 Cortez Street.

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