NOT LISTED FOR SALE

10 Cormorant Ln Key West, FL 33040

Estimated Value: $1,410,570 - $1,749,000

3 Beds
3 Baths
2,562 Sq Ft
$602/Sq Ft Est. Value

Last Sold March 13, 2024

Last sale price $1,450,000 $566 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,167/month

63 Days on Market

About This Home

As of March 2024

Welcome to your dream Keys home & boater's paradise! This unique property at the end of the street boasts a corner canal and a cut-in boat slip, providing app. 330 feet of waterfrontage & an impressive 260 feet of concrete seawall. The distinctive concrete construction of this 3-bedroom, 3-bathroom home features vaulted open-beam ceilings, creating a spacious & inviting atmosphere. A new metal roof is scheduled to be installed early 2024. The interior is adorned with tile throughout, & 2 of the bedrooms are ensuite, offering both comfort & convenience. One bedroom has an additional room off of it and is specially designed to be handicap accessible, with a handicap bathroom, with French doors providing direct access to the canal. For added living space, there's an extra room with a built-in Murphy bed,. The large kitchen is a focal point, boasting granite countertops and stainless appliances, creating an ideal setting for culinary enthusiasts. The main bedroom includes an office area & a generously sized bathroom. The outdoor features of this property are truly exceptional. The 260 feet of concrete seawall is equipped with 11,000lb boat davits, a step-down area with a ladder, & a floating dock, catering to the needs of avid boaters & kayakers. Two covered outdoor areas provide a private & relaxing environment, as there's only one house located on the north side. The composite deck, covered by a Tiki Hut, includes a matching bar with water & electric connections, creating a perfect setting for entertaining or simply enjoying the beautiful surroundings. The property offers two distinct side yards--one featuring a sodded yard with tropical trees & ample space for a pool, & the other with foliage, a cut-in boat slip, & room for an RV or boat trailer. The 14' high garage with electric door openers on both the front yard & canal side provides secure storage for vehicles or equipment. With 2 driveways, there's plenty of parking. Come see this beautiful property today.

Last Listed By

Tara Thoman-Wood,P.A.

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3013129 Listed on: 11/29/2023

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,477

Year Built

1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 260
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Handicap Access: Yes
  • Key Island: Geiger Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 10.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 7477.33
  • Title: Negotiable
  • Vehicle Storage: Garage, Trailer Storage, RV Parking Open, Off Street Parking, Open Parking, Auto Door Opener, Attached
  • Vehicle Storage Cars: 4+
  • Year Built: 1973
  • Alternate Key Number: 1183041
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 13000.00
  • Porch Balcony: Deck, Patio
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2562.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Whirlpool Bath Tub, Storage, Granite Counter Top, Entrance Foyer, Pantry, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sash/Screen Window, Impact Rstnce Window, Impact Rstnce Doors, Sliding Glass Doors
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Full Bath, Wheelchair Ramp, Accessible Doors

Exterior Features

  • Dockage: Davits, Davit Pads
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Stucco, Concrete
  • Exterior Features: Chickee Hut, Storage, Outdoor Shower, Hot Tub, Rain Gutters, Fencing
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00141680-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.30

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Mar 13, 2024
Sold by
Weeks William C and Weeks Angela K
Bought by
Rother Richard J and Rother Kimi C
Seller's Agent
Tara Thoman-Wood,P.A.
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Tara Thoman-Wood,P.A.
Berkshire Hathaway Homeservices Knight & Gardner Realty
List Price
$1,450,000
Sold Price
$1,450,000
Total Days on Market
63
Views
263
Current Estimated Value
$1,541,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,143
Avg. Annual Appreciation
2.96%
Original Mortgage
$1,150,000
Outstanding Balance
$1,137,087
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$362,314

Purchase Details

Listed on
May 22, 2014
Closed on
Jul 10, 2014
Sold by
Stine William D
Bought by
Weeks William C and King Weeks Angela K
Seller's Agent
Dina Nielsen
Preferred Properties Cri (Br)
Buyer's Agent
Tara Thoman-Wood,P.A.
Berkshire Hathaway Homeservices Knight & Gardner Realty
List Price
$598,500
Sold Price
$550,000
Premium/Discount to List
-$48,500
-8.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%

Purchase Details

Closed on
Feb 4, 2014
Sold by
Ison Jennifer A
Bought by
Weeks William C and King Weeks Angela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2011
Sold by
Stine William R
Bought by
Stine William R and William R Stine Living Trust

Purchase Details

Closed on
Nov 7, 2010
Sold by
Stine William R
Bought by
Stine William R

Purchase Details

Closed on
Feb 1, 1995
Bought by
Weeks William C

Purchase Details

Closed on
Apr 1, 1985
Bought by
Weeks William C

Range of Values:

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Average Value
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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
Rother Richard J $1,450,000 None Listed On Document
Weeks William C $550,000 True Title Agency Inc
Weeks William C -- True Title Agency Inc
Stine William R -- Attorney
Weeks William C $7,500 --
Weeks William C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rother Richard J $1,150,000
Previous Owner King-Weeks Angela K $456,000
Previous Owner Weeks William C $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Sold $1,450,000 -1.7% $566 / Sq Ft
12/21/2023 12/21/23 Price Changed $1,475,000 +1.7% $576 / Sq Ft
11/29/2023 11/29/23 For Sale $1,450,000 +163.6% $566 / Sq Ft
07/10/2014 07/10/14 Sold $550,000 -8.1% $215 / Sq Ft
05/26/2014 05/26/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $598,500 -- $233 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

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
2024 $7,477 $859,592 $428,270 $431,322
2023 $7,477 $797,568 $428,270 $369,298
2022 $7,026 $769,660 $397,850 $371,810
2021 $6,774 $675,978 $332,330 $343,648
2020 $6,234 $602,670 $252,770 $349,900
2019 $5,777 $551,010 $252,770 $298,240
2018 $5,942 $553,055 $256,280 $296,775
2017 $5,825 $550,684 $0 $0
2016 $5,477 $494,070 $0 $0
2015 $5,466 $474,038 $0 $0
2014 $5,528 $460,771 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 607655

APN: 00141680-000000