NOT LISTED FOR SALE

114 Jerome Ave Islamorada, FL 33036

Estimated Value: $562,000 - $1,670,000

4 Beds
3 Baths
1,270 Sq Ft
$928/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $750,000 $591 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,036/month

99 Days on Market

Highlights

  • Detached Guest House
  • Granite Countertops
  • Stainless Steel Appliances
  • Plantation Key School Rated A-
  • No HOA
  • 1-minute walk to Founders Park

About This Home

As of September 2023

NEW PRICE reduced again! -- VERY MOTIVATED SELLER. BRING AN OFFER. Charming Family home on the edge of the Islamorada Art District. LOCATION LOCATION. Double corner lot with 3 BR 2 Bath home and separate Guest efficiency/office. One car garage and partially enclosed car port/outdoor kitchen. The gas fireplace is nestled in a coral wall in the main room. Extra light is provided by the skylight in the bonus room/bedroom. Extensive private patio with privacy fence decorated with Original Mural Painting of a tropical garden. Mature landscaping and native trees shade most of the property. Back yard is fenced with ample space to store your water toys or add a pool. Parking for both dwellings on paver driveways. Two storage sheds. Footsteps from the Shopping and Restaurant district. By appointment only.

Last Agent to Sell the Property

Mari Crossen Joiner, Realtor, BS, CAM

Better Homes and Gardens Real Estate Destinations License #0680881 Listed on: 04/13/2023

Better Homes and Gardens Real Estate Destinations

Last Buyer's Agent

Patti Stanley

Angler S Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,140

Year Built

  • Built in 1952

Lot Details

  • 0.29 Acre Lot
  • Privacy Fence
  • Fenced
  • Property is zoned R1 - Residential Single Family

Parking

  • 4 Car Garage

Interior Spaces

  • 1,270 Sq Ft Home
  • Fireplace
  • Shutters
  • French Doors
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Patio
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Detached Guest House
  • Ground Level

Community Details

  • No Home Owners Association
  • Grove Park Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00398020-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,140

Year Built

Built in 1952

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
  • Fee Includes: None
  • Handicap Access: Yes
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 81.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 6140.34
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Trailer Storage, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1952
  • Alternate Key Number: 1490415
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 12500.00
  • Porch Balcony: Patio
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1270.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Fireplace(s), Granite Counter Top, Pantry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: French Doors, Other Windows/Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence, Outdoor Shower, Detached Guest Qtrs
  • Roof: Other Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Municipal Sewer
  • Heating: Fireplace(s)

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X,0.2 PCT ANNUAL CHA
  • Parcel Number: 00398020-000000
  • Land Size: More than 1 Lot
  • Acres: 0.29

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Sep 5, 2023
Sold by
Paurowski Peggy
Bought by
Keddle Mark
Seller's Agent
Mari Crossen Joiner, Realtor, BS, CAM
Better Homes and Gardens Real Estate Destinations
Buyer's Agent
Patti Stanley
Angler S Realty Inc.
List Price
$1,500,000
Sold Price
$750,000
Premium/Discount to List
-$750,000
-50%
Views
169
Current Estimated Value
$1,178,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,561
Avg. Annual Appreciation
21.31%

Purchase Details

Closed on
Nov 3, 2006
Sold by
Bohannon Lynne and Bohannon Lawrence
Bought by
Paurowski Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2006
Sold by
Bohannon Lynn and Bohannon Lawrence J
Bought by
Bohannon Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2004
Sold by
Bohannon Lawrence J
Bought by
Furmanek Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2003
Sold by
Owen Patrick
Bought by
Bohannon Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 17, 1999
Sold by
Ekblom Marion J Cothron
Bought by
Bohannon Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,800
Interest Rate
7.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Keddle Mark $750,000 None Listed On Document
Paurowski Peggy $430,000 Correct Title Corp
Bohannon Lynne -- Naples Title Inc
Furmanek Lynn $425,000 --
Bohannon Lawrence J $40,000 --
Bohannon Lawrence J $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paurowski Peggy $344,000
Previous Owner Bohannon Lynne $53,379
Previous Owner Furmanek Lynn $340,000
Previous Owner Bohannon Lawrence J $35,000
Previous Owner Bohannon Lawrence J $47,000
Previous Owner Bohannon Lawrence J $3,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2023 09/05/23 Sold $750,000 -21.1% $591 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
05/25/2023 05/25/23 Price Changed $950,000 -9.5% $748 / Sq Ft
05/23/2023 05/23/23 Price Changed $1,050,000 -4.5% $827 / Sq Ft
05/11/2023 05/11/23 Price Changed $1,100,000 -8.3% $866 / Sq Ft
04/22/2023 04/22/23 Price Changed $1,200,000 -20.0% $945 / Sq Ft
04/13/2023 04/13/23 For Sale $1,500,000 -- $1,181 / 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
2025 $10,564 $1,154,579 $836,413 $318,166
2024 $7,306 $1,074,283 $762,300 $311,983
2023 $7,306 $955,038 $760,375 $194,663
2022 $6,140 $643,451 $449,313 $194,138
2021 $5,508 $468,635 $296,250 $172,385
2020 $5,524 $473,292 $296,250 $177,042
2019 $5,173 $423,166 $276,500 $146,666
2018 $5,081 $418,347 $269,500 $148,847
2017 $4,759 $418,529 $0 $0
2016 $4,661 $390,328 $0 $0
2015 $4,125 $316,635 $0 $0
2014 $4,409 $399,711 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mari Crossen Joiner, Realtor, BS, CAM

    Better Homes and Gardens Real Estate Destinations

    (954) 545-5583

    1 in this area

    2 Total Sales

    Section Image

  • P

    Buyer's Agent in 2023

    Patti Stanley

    Angler S Realty Inc.

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 604932

Florida Keys Board of REALTORS®

APN: 00398020-000000

Florida Monroe County Islamorada 33036

114 Jerome Ave, Islamorada, FL

Not Listed for Sale

Detached

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