$550,000
SOLD JUL 10, 2014

10 Cormorant Ln Key West, FL 33040

3 Beds
3 Baths
2,564 Sq Ft
0.3 Acres

Recently Sold

$215 Per Sq Ft

8% Below List Price

4 Days on Market

Highlights

  • RV Parking in Community
  • Cathedral Ceiling
  • Shutters
  • Home fronts a canal
  • No HOA
  • Impact Glass

About This Home

As of March 2024

Private and secluded, lushly landscaped and well maintained elevated ground level CBS home. Located at the end of the street with canal on two sides or the property & over 200 feet of seawall with concrete step down & boat davits. Easy access boating. 3 bedroom, 3 bath with a den, cathedral ceilings & RV garage. Only minutes from Key West & just down the street from Geiger Key Marina & Restaurant.

Last Agent to Sell the Property

Dina Nielsen

Preferred Properties Cri (Br) License #305824

Last Buyer's Agent

Tara Thoman-Wood,P.A.

Berkshire Hathaway Homeservices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,293

Year Built

  • Built in 1973

Lot Details

  • 0.3 Acre Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 2,564 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Davits
  • Seawall
  • Patio

Location

  • Ground Level

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Boca Chica Ocean Shr Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00141680-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,293

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock Length: 230
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Geiger Key
  • Limited Representation: No
  • 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: 5292.85
  • Vehicle Storage: RV Parking Covered
  • Year Built: 1973
  • Alternate Key Number: 1183041
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Ductless, Central Air
  • Lot Sq Ft: 13000.00
  • Porch Balcony: Patio
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 2564.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Split Bedroom, Window Treatments
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Sliding Glass Doors, Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davit Pads, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View

Utilities

  • Utilities: FKAA, Municipal Sewer, Sewer Available

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00141680-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.30

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Multi Family

  • Total Units: 1.00

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
4
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

Map

Range of Values:

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Average Value
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List Price
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 Type Sale Price Title Company
Warranty Deed $1,450,000 None Listed On Document
Warranty Deed $550,000 True Title Agency Inc
Quit Claim Deed -- True Title Agency Inc
Interfamily Deed Transfer -- Attorney
Warranty Deed $7,500 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,150,000 New Conventional
Previous Owner $456,000 No Value Available
Previous Owner $495,000 New Conventional
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: Florida Keys Board of REALTORS®

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

Source: Florida Keys Board of REALTORS®

MLS Number: 564349

Florida Keys Board of REALTORS®

APN: 00141680-000000