NOT LISTED FOR SALE

1128 Basque Ln Cudjoe Key, FL 33042

Estimated Value: $169,000 - $292,000

0.16 Acre
$1,325,050 Price per Acre
7,013 Sq Ft Lot

Last Sold March 11, 2022

Last sale price $249,000

Est. 14% decrease in value since last sale

Current estimated payment $1,367/month

8 Days on Market

About This Lot

As of March 2022

ROGO in place and ready to build now. There will be stunning unobstructed ocean views from the planned 8 x 30 foot deck. Permit good through August 2022 before any construction has to take place. Located in a quiet neighborhood on paved road. Buy now as the ROGO exemptions are coming to an end soon!

Last Agent to Sell the Property

Jimmy Lane

Island Life Realty Experts License #664783 Listed on: 02/15/2022

Last Buyer's Agent

Paul Rogers

Coldwell Banker Schmitt RE Co. Lower Keys Office License #3224103

Coldwell Banker Schmitt RE Co. Lower Keys Office

Property Details

Property Type

Land

Est. Annual Taxes

$2,257

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • Document Count: 5
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 23.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1371.94
  • Alternate Key Number: 1238392
  • Lot Sq Ft: 7000.00
  • Species List: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: Yes
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Waterview: No Waterview

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00186410-000000

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2022
Sold by
Turtle Lagoon Llc
Bought by
Nathan Finkel Living Trust
Total Days on Market
8
Current Estimated Value
$213,333

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 10, 2022
Sold by
Keys Home And Investments Inc
Bought by
Turtle Lagoon Llc E Florida Limited Liab
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
Paul Rogers
Coldwell Banker Schmitt RE Co. Lower Keys Office
List Price
$249,000
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.63%

Purchase Details

Closed on
Mar 31, 2021
Sold by
Cleghorn Homes Llc
Bought by
Dc Miller Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2017
Closed on
Aug 18, 2017
Sold by
Heistand Mark
Bought by
Cleghorn Homes Llc
Seller's Agent
Dan Serban
Key West Luxury Real Estate Inc (KW)
Buyer's Agent
Gary Smith
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$139,000
Sold Price
$112,000
Premium/Discount to List
-$27,000
-19.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$150,000
Interest Rate
10%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 15, 2004
Bought by
Heistand Mark

Purchase Details

Closed on
Dec 14, 1995
Sold by
Varone Robert
Bought by
Varone Richard J

Purchase Details

Closed on
Jun 1, 1981
Bought by
Heistand Mark
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
Nathan Finkel Living Trust $137,100 --
Turtle Lagoon Llc E Florida Limited Liab $249,000 Young Lorene Seeler
Keys Home And Investments Inc $75,000 Oropeza Stones & Cardenas Pllc
Dc Miller Inc $75,000 None Available
Cleghorn Homes Llc $112,000 Attorney
Heistand Mark $45,000 --
Varone Richard J $100 --
Heistand Mark $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner D C Miller Consulting Inc $55,000
Previous Owner Dc Miller Inc $55,000
Previous Owner Dc Miller Inc $55,000
Previous Owner Cleghorn Homes Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $249,000 0.0% --
02/23/2022 02/23/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $249,000 +122.3% --
08/18/2017 08/18/17 Sold $112,000 -19.4% --
07/14/2017 07/14/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $139,000 -- --
Source: Key West 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 $2,257 $246,750 $246,750 --
2023 $2,257 $231,000 $231,000 $0
2022 $1,699 $164,500 $164,500 $0
2021 $1,372 $117,250 $117,250 $0
2020 $1,351 $113,750 $113,750 $0
2019 $1,303 $108,500 $108,500 $0
2018 $1,237 $98,000 $98,000 $0
2017 $612 $89,250 $0 $0
2016 $483 $49,000 $0 $0
2015 $381 $19,600 $0 $0
2014 $62 $14,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 599695

Key West Association of REALTORS®

APN: 00186410-000000