NOT LISTED FOR SALE

109 Cortez Dr Islamorada, FL 33036

Estimated Value: $1,620,789 - $1,914,000

2 Beds
2 Baths
1,006 Sq Ft
$1,746/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $1,250,000 $1,243 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $10,405/month

96 Days on Market

Highlights

  • Home fronts a canal
  • Furnished
  • Central Air
  • Plantation Key School Rated A-
  • Balcony
  • Carpet

About This Home

As of November 2021

Lower Matecumbe Key canal front home on double lot. The 2 bedroom / 2 bathroom home has vaulted ceilings, indoor laundry, sliding glass doors that line the back of the house and a metal roof. All storage down below. This home sits on a double lot totaling 15,000sf with 150' on the water. Boat ramp on the same street, canal exits into the Atlantic Ocean and within minutes to Tea Table for easy access to bayside. Adjacent property is boat storage for the condo's, which leaves you with one neighbor on the opposite side.

Last Agent to Sell the Property

Claire Johnson

Coastal Realty of the Florida Keys License #3046906 Listed on: 07/29/2021

Coastal Realty of the Florida Keys

Last Buyer's Agent

outside mls - FKBR

Outside Of MLS - FKBR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,112

Year Built

  • Built in 1982

Lot Details

  • 0.34 Acre Lot
  • Home fronts a canal
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,006 Sq Ft Home
  • Furnished
  • Canal Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock made with Composite Material
  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • Mat Ocean View Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00396410-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,112

Year Built

Built in 1982

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Fee: 100.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Dockage Dock: Composite
  • Fee Includes: None
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 76.50
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5111.60
  • Title: Title Ins - Buyer
  • Year Built: 1982
  • Alternate Key Number: 1488992
  • Cooling Heating: Central Air
  • Lot Sq Ft: 15000.00
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1006.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Dryer
  • Floor: Carpet, Laminate
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Cable Available, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00396410-000000
  • Lot Size: 150 x 100
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.34

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Oct 22, 2021
Sold by
Richards George R
Bought by
Diaz Wilian
Seller's Agent
Claire Johnson
Coastal Realty of the Florida Keys
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$1,325,000
Sold Price
$1,250,000
Premium/Discount to List
-$75,000
-5.66%
Current Estimated Value
$1,691,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,534
Avg. Annual Appreciation
9.44%
Original Mortgage
$1,107,000
Outstanding Balance
$1,014,974
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$741,223

Purchase Details

Closed on
Apr 1, 1985
Bought by
Richards George R and Richards Meta C

Purchase Details

Closed on
Oct 1, 1983
Bought by
Richards George R and Richards Meta C

Purchase Details

Closed on
Dec 1, 1981
Bought by
Richards George R and Richards Meta C

Purchase Details

Closed on
Feb 1, 1975
Bought by
Richards George R and Richards Meta C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Diaz Wilian $1,250,000 Goldpen Title Experts
Richards George R $140,000 --
Richards George R $123,000 --
Richards George R $40,000 --
Richards George R $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Wilian $1,107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $1,250,000 -5.7% $1,243 / Sq Ft
07/29/2021 07/29/21 For Sale $1,325,000 -- $1,317 / Sq Ft
Source: Florida Keys Board 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 $13,631 $1,614,112 $1,323,750 $290,362
2023 $13,631 $1,673,422 $1,402,500 $270,922
2022 $11,485 $1,139,624 $862,500 $277,124
2021 $5,155 $473,380 $0 $0
2020 $5,112 $466,845 $0 $0
2019 $5,090 $456,349 $0 $0
2018 $4,964 $447,841 $0 $0
2017 $4,777 $438,630 $0 $0
2016 $4,922 $429,609 $0 $0
2015 $4,815 $426,623 $0 $0
2014 $4,802 $423,237 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 597096

Florida Keys Board of REALTORS®

APN: 00396410-000000