NOT LISTED FOR SALE

117 Primrose Ln Layton, FL 33001

Estimated Value: $957,000 - $1,020,000

3 Beds
2 Baths
1,456 Sq Ft
$674/Sq Ft Est. Value

Last Sold May 11, 2020

Last sale price $560,000 $385 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,915/month

52 Days on Market

Highlights

  • Dock made with concrete
  • Home fronts a canal
  • Stainless Steel Appliances
  • Plantation Key School Rated A-
  • No HOA
  • 1-minute walk to Long Key State Park

About This Home

As of May 2020

You will fall in love with this adorable and newly renovated home in the quaint city of Layton, where the old Florida Keys charm still lives on. This home features one story living with 3 bedrooms, 2 full bathrooms & an open floor plan. Updated kitchen and bathrooms, stainless steel appliances, Cambria counter tops with a great room off of the kitchen, making this home great for family gatherings and entertaining. Beautiful wood cathedral ceilings provide a very spacious feel with almost 1500sf of living space. Very shaded front & side lot with mature landscaping. Outdoor living space will not disappoint with lots of room in the back and side of the home to lounge & enjoy the beautiful Keys weather day or night. Added bonus is the large storage room currently used a workshop, but

Last Agent to Sell the Property

Melissa Nowell

Coldwell Banker Schmitt Islamorada License #3202972 Listed on: 02/20/2020

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Heather Born

Realty Options of the Florida Keys

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1961

Lot Details

  • 4,950 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R1 - Layton Residential/Single

Interior Spaces

  • 1,456 Sq Ft Home
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Dock made with concrete
  • Ground Level

Community Details

  • No Home Owners Association
  • Long Key Estates Addn #3 Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 90

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,788

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Long Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 68.00
  • Min Rental Days: 90.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Ocean
  • State Province: FL
  • Taxes: 2788.31
  • Year Built: 1961
  • Alternate Key Number: 1476251
  • Building Style: Ground Level
  • Lot Sq Ft: 4950.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1456.00
  • 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: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Canal View

Utilities

  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
May 11, 2020
Sold by
Molnar John B and Molnar Gwen D
Bought by
Fahrenkrug Andrew P and Fahrenkrug Lorraine
Seller's Agent
Melissa Nowell
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Heather Born
Realty Options of the Florida Keys
List Price
$595,000
Sold Price
$560,000
Premium/Discount to List
-$35,000
-5.88%
Current Estimated Value
$981,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,168
Avg. Annual Appreciation
10.49%
Original Mortgage
$560,000
Outstanding Balance
$495,960
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$485,208

Purchase Details

Closed on
Jan 13, 2005
Sold by
Porter Victor B and Porter Charlotte
Bought by
Molnar John B and Molnar Gwen D

Purchase Details

Closed on
Feb 27, 2002
Sold by
John B Molnar M
Bought by
Porter Victor and Porter Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1988
Bought by
Molnar John B and Molnar Gwen D

Purchase Details

Closed on
Aug 1, 1978
Bought by
Molnar John B and Molnar Gwen D
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
Fahrenkrug Andrew P $560,000 Coral Reef Title Company
Molnar John B $63,000 --
Porter Victor $285,000 --
Molnar John B $95,000 --
Molnar John B $49,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fahrenkrug Andrew P $560,000
Previous Owner Porter Victor $136,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2020 05/11/20 Sold $560,000 -1.8% $385 / Sq Ft
04/12/2020 04/12/20 Pending -- -- --
03/06/2020 03/06/20 Price Changed $570,000 -4.2% $391 / Sq Ft
02/20/2020 02/20/20 For Sale $595,000 -- $409 / 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 $9,105 $743,543 $507,375 $236,168
2024 $7,415 $813,726 $579,150 $234,576
2023 $7,415 $803,166 $579,150 $224,016
2022 $6,343 $623,032 $382,388 $240,644
2021 $5,775 $453,303 $238,838 $214,465
2020 $3,548 $294,681 $0 $0
2019 $3,433 $288,056 $0 $0
2018 $3,475 $282,685 $0 $0
2017 $3,358 $276,871 $0 $0
2016 $3,416 $271,177 $0 $0
2015 $3,443 $269,292 $0 $0
2014 $3,455 $267,155 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589909

Florida Keys Board of REALTORS®

APN: 00388140-000000