Seller's Agent in 2020
AJ Vetter
Palm House Real Estate
(305) 304-8841
62 in this area
99 Total Sales
116 Madeira Rd Islamorada, FL 33036
Estimated Value: $1,453,000 - $2,559,000
6
Beds
4
Baths
3,120
Sq Ft
$621/Sq Ft
Est. Value
Highlights
- Gulf View
- Home fronts a canal
- Screened Balcony
- Plantation Key School Rated A-
- No HOA
- Guest Parking
About This Home
As of May 2020Rare waterfront multi-unit apartment building in the heart of Islamorada, walking distance to numerous businesses and restaurants. There are 2 2-bedroom apartments, 2 1-bedroom apartments, and 2 garages. Plenty of parking in the front and huge backyard overlooking a large boat basin.
Last Agent to Sell the Property
Palm House Real Estate License #3296730 Listed on: 01/16/2020
Last Buyer's Agent
AJ Vetter
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,853
Year Built
- Built in 1982
Lot Details
- 14,000 Sq Ft Lot
- Home fronts a canal
Property Views
- Gulf
- Canal
Home Design
- 3,120 Sq Ft Home
- Frame Construction
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Garage
- Guest Parking
- Open Parking
- Off-Street Parking
Additional Features
- Screened Balcony
- Public Hookup Available For Sewer
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 00399460-000000
Community Details
Overview
- No Home Owners Association
- Strattons Subdivision
Pet Policy
- Pets Allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2020
Closed on
May 6, 2020
Sold by
Bought by
Seller's Agent
AJ Vetter
Palm House Real Estate
Buyer's Agent
AJ Vetter
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$1,350,000
Sold Price
$1,062,500
Premium/Discount to List
-$287,500
-21.3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$875,134
Avg. Annual Appreciation
10.26%
Original Mortgage
$727,500
Outstanding Balance
$642,918
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,294,717
Purchase Details
Listed on
Apr 1, 2017
Closed on
Oct 12, 2017
Sold by
Bought by
Seller's Agent
Leslie Leopold
Ocean Sotheby's International Realty
Buyer's Agent
AJ Vetter
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$955,000
Sold Price
$850,000
Premium/Discount to List
-$105,000
-10.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$743,525
Interest Rate
3.82%
Mortgage Type
VA
Purchase Details
Closed on
Apr 20, 2017
Sold by
Bought by
Purchase Details
Closed on
Feb 29, 2016
Sold by
Bought by
Purchase Details
Closed on
Jan 6, 2010
Sold by
Bought by
Purchase Details
Closed on
Mar 15, 2004
Sold by
Bought by
Purchase Details
Closed on
Feb 13, 2003
Sold by
Bought by
Purchase Details
Closed on
Jan 23, 2003
Sold by
Bought by
Purchase Details
Closed on
Jun 12, 1994
Sold by
Bought by
Purchase Details
Closed on
Jul 1, 1993
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
7.52%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 25, 1993
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,062,500 | None Listed On Document | ||
| $850,000 | Coral Reef Title Co | ||
| $195,000 | Coral Reef Title Co | ||
| $225,000 | Florida Title Of The Keys | ||
| $835,000 | Coral Reef Title Company | ||
| $43,900 | -- | ||
| -- | -- | ||
| $45,000 | -- | ||
| $69,000 | -- | ||
| $345,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $727,500 | ||
| Previous Owner | $743,525 | ||
| Previous Owner | $245,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/01/2020 05/01/20 | Sold | $1,062,500 | -21.3% | $341 / Sq Ft | |
| 02/17/2020 02/17/20 | Pending | -- | -- | -- | |
| 01/16/2020 01/16/20 | For Sale | $1,350,000 | +58.8% | $433 / Sq Ft | |
| 10/12/2017 10/12/17 | Sold | $850,000 | -11.0% | $272 / Sq Ft | View Prior Sale |
| 07/12/2017 07/12/17 | Pending | -- | -- | -- | |
| 04/01/2017 04/01/17 | For Sale | $955,000 | -- | $306 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $16,072 | $1,843,467 | $1,348,529 | $494,938 |
| 2024 | $15,502 | $1,841,551 | $1,348,529 | $493,022 |
| 2023 | $15,502 | $1,774,570 | $1,285,193 | $489,377 |
| 2022 | $14,451 | $1,566,555 | $1,071,434 | $495,121 |
| 2021 | $11,691 | $810,331 | $443,352 | $366,979 |
| 2020 | $10,915 | $726,471 | $443,352 | $283,119 |
| 2019 | $10,853 | $705,539 | $418,600 | $286,939 |
| 2018 | $10,270 | $660,824 | $367,080 | $293,744 |
| 2017 | $10,175 | $710,499 | $0 | $0 |
| 2016 | $9,763 | $592,242 | $0 | $0 |
| 2015 | $9,184 | $547,494 | $0 | $0 |
| 2014 | $8,962 | $529,834 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
AJ Vetter
-
Leslie Leopold
Seller's Agent in 2017
Leslie Leopold
Ocean Sotheby's International Realty
(305) 942-0215
56 in this area
71 Total Sales
-
C
Seller Co-Listing Agent in 2017
Cheri Tindall
American Caribbean Real Estate, Christie's International Real Estate
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 589206
APN: 00399460-000000
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.
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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