NOT LISTED FOR SALE

112 Madeira Rd Islamorada, FL 33036

Estimated Value: $1,075,000 - $1,772,000

3 Beds
4 Baths
1,900 Sq Ft
$748/Sq Ft Est. Value

Last Sold April 04, 2017

Last sale price $780,000 $411 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $9,895/month

211 Days on Market

Highlights

  • Dock made with wood
  • Gulf View
  • Furnished
  • Plantation Key School Rated A-
  • Home fronts a canal
  • 1-minute walk to Founders Park

About This Home

As of April 2017

Multi Unit Frame Home in the heart of downtown Islamorada on wide basin. Built as duplex, the 1/1 down brings in $1500 per month. Deep water dockage for up to 3 boats. Partial bay views down the opening of basin; large Tiki Hut and grill for entertaining. Upstairs unit sold fully furnished! Live upstairs in the 2/2 and let the downstairs help with bills.

Last Agent to Sell the Property

Charity Rebl

Century 21 Circle- Islamorada License #3093943 Listed on: 08/10/2016

Century 21 Circle- Islamorada

Last Buyer's Agent

Charity Rebl

Century 21 Circle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,957

Year Built

  • Built in 1982

Lot Details

  • 7,395 Sq Ft Lot
  • Home fronts a canal

Property Views

  • Gulf
  • Canal

Home Design

  • Frame Construction

Interior Spaces

  • 1,900 Sq Ft Home
  • Furnished

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Parking

  • Attached Garage
  • Open Parking

Outdoor Features

  • Dock made with wood
  • Balcony
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00399420-000000

Community Details

Overview

  • No Home Owners Association
  • Strattons Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,957

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Mile Marker: 82.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5957.33
  • Vehicle Storage: Attached, Open Parking, Garage
  • Year Built: 1982
  • Alternate Key Number: 1491802
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air, Heat Pump
  • Lot Sq Ft: 7395.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: Homestead, None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1900.00
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Refrigerator, Range
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Basin
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Chickee Hut
  • Waterview: Bay/Gulf View, Open Water View, Canal View

Utilities

  • Utilities: Buyer to Verify, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00399420-000000
  • Land Size: More than 1 Lot
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2016
Closed on
Apr 4, 2017
Sold by
Schumacher Kevin Patrick and Schumacher Brandice
Bought by
Manatee Bayide Llc
Seller's Agent
Charity Rebl
Century 21 Circle- Islamorada
Buyer's Agent
Charity Rebl
Century 21 Circle
List Price
$975,000
Sold Price
$780,000
Premium/Discount to List
-$195,000
-20%
Current Estimated Value
$1,657,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$877,022
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Nov 26, 2014
Sold by
Schumacher Kevin Patrick and Konya Anna A
Bought by
Schumacher Kevin Patrick

Purchase Details

Listed on
Apr 10, 2014
Closed on
May 1, 2014
Sold by
Regions Bank
Bought by
Schumacher Kevin Patrick and Konya Anna A
Seller's Agent
Charity Rebl
Century 21 Circle- Islamorada
Buyer's Agent
Charity Rebl
Century 21 Circle
List Price
$499,900
Sold Price
$530,000
Premium/Discount to List
$30,100
6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$486,034
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 1993
Bought by
Schumacher Kevin Patrick
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Manatee Bayide Llc $780,000 Florida Title Of The Keys
Schumacher Kevin Patrick -- None Available
Schumacher Kevin Patrick $530,000 Dba Florida Title Of Keys
Schumacher Kevin Patrick $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schumacher Kevin Patrick $529,000
Previous Owner Schumacher Kevin Patrick $486,034
Previous Owner Zing Inc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2017 04/04/17 Sold $780,000 -20.0% $411 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
08/10/2016 08/10/16 For Sale $975,000 +84.0% $513 / Sq Ft
05/23/2014 05/23/14 Sold $530,000 +6.0% $279 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $499,900 -- $263 / 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 $9,873 $1,073,645 $782,687 $290,958
2023 $9,873 $984,006 $697,496 $286,510
2022 $9,129 $867,661 $580,360 $287,301
2021 $8,480 $705,244 $447,250 $257,994
2020 $8,154 $711,858 $447,250 $264,608
2019 $7,456 $637,422 $420,036 $217,386
2018 $6,496 $468,368 $238,119 $230,249
2017 $5,674 $443,365 $0 $0
2016 $5,714 $418,453 $0 $0
2015 $5,957 $409,359 $0 $0
2014 $5,789 $393,178 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charity Rebl

    Seller's Agent in 2017

    Charity Rebl

    Century 21 Circle- Islamorada

    (305) 978-1170

    8 in this area

    20 Total Sales

    Section Image

  • C

    Buyer's Agent in 2017

    Charity Rebl, P.A.

    Century 21 Circle- Islamorada

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 571690

Florida Keys Board of REALTORS®

APN: 00399420-000000

Florida Monroe County Islamorada 33036

112 Madeira Rd, Islamorada, FL

This home is located at 112 Madeira Rd, Islamorada, FL 33036 since 10 August 2016 and is currently estimated at $1,420,900, approximately $747 per square foot. This property was built in 1982. 112 Madeira Rd is a home located in Monroe County with nearby schools including Plantation Key School, Coral Shores High School, and Treasure Village Montessori Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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