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4860 Hammock Lake Drive

4860 Hammock Lake Drive, Miami, FL 33156
Sold Aug 05, 2021
$2,507,000
$1,400,000 by City National Bank Of Florida
Mortgage Due Aug 01, 2051
Sold Jul 07, 1998
$635,000
$25,000 by Citibank Federal Savings Bank
Mortgage
4860 Hammock Lake Drive in Miami, FL was first built in 1989 and is 35 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 4860 Hammock Lake Drive has 4,377 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 25,700 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The exterior walls of the home are made of concrete block. The property was last sold in Jul 26, 2021 for $2,507,000. That's $451.79 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $635,000. 4860 Hammock Lake Drive was last assessed in 2023. The total value of the property was assessed at $1,679,878. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $35,024. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Block Exterior
Brick Exterior

Parking

Attached Garage

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 5,549
  • Gross Building Area: 5,549
  • Building Area: 4,377
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,377
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAMMOCK LAKE PK REPLAT
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HAMMOCK LAKE PK REPLAT OF PORT OF BLK 2 PB 79-27 LOT 1 LOT SIZE IRREGULAR FAU 30-5106-018-0010 OR 18178-4596-4601 0698 1

Ownership

  • Current Owner : SUAREZ RODOLFO
  • Current Owner 2: SUAREZ NORMA
  • Previous Owner : HART BRIAN A
  • Previous Owner 2: HART LYNN W
  • Owner Before Previous Owner: GR ANDREA LANDIS
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CORAL GABLES
  • Census Tract: 007801

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 320
  • District: 03
  • Parcel: 03-5106-018-0010
  • Block: 2
  • Lot: 1
  • Meridian: SEC 06 TWN 55S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.6871
  • Longitude: -80.2716

    Address

  • Full Address: 4860 Hammock Lake Dr
  • Address - House Number: 4860
  • Address - Street Name: Hammock Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C001
  • 4-Digit Zip Code: 2218
  • Zip Code: 33156

Valuation

    Tax

  • Total Area: 4,582
  • Tax Year: 2023
  • Tax Amount: $35,024
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1813
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 3,943,758
  • High Value: 4,659,088
  • Low Value: 3,228,429

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,900,000
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK OF FLORIDA
  • First Open Lien Mortgage Recording Date: Aug 05, 2021
  • First Open Lien Mortgage Loan Amount: $1,400,000
  • 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: Aug 01, 2051
  • Second Open Lien Mortgage Lender: CITY NATIONAL BANK OF FLORIDA
  • Second Open Lien Mortgage Recording Date: Jun 08, 2022
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $2,913,570
  • Market Land Value: $2,056,000
  • Market Improvement Value: $857,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,679,878

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Transaction ID: 11849740918
  • Current Sale Price: $2,507,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0571636
  • Previous Sale Recording Date: Jul 07, 1998
  • Previous Sale Amount: $635,000
  • Previous Sale Document Type: Ground Lease

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK OF FLORIDA
  • First Mortgage Transaction Date: Aug 05, 2021
  • First Mortgage Loan Amount: $1,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CITIBANK FEDERAL SAVINGS BANK
  • Previous Mortgage Transaction Date: Jul 07, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $25,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Hammocks



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$7,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,646 ft²
Listing by Mariana Niro

Frequently Asked Questions

What neighborhood is 4860 Hammock Lake Drive located in?
The 4860 Hammock Lake Drive is a house located in the neighborhood of Hammock Lake Park in Hammocks, Miami.
What is the average sales price for listings in 4860 Hammock Lake Drive?
The average sales price for units in 4860 Hammock Lake Drive is $0 currently.

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