NOT LISTED FOR SALE

118 Parker Dr Islamorada, FL 33036

Estimated Value: $752,866 - $1,393,000

7 Beds
6 Baths
2,433 Sq Ft
$433/Sq Ft Est. Value

Last Sold October 09, 2014

Last sale price $340,000 $140 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $6,596/month

389 Days on Market

About This Home

As of October 2014

INVESTOR ALERT! Bank Owned. Quick local decisions. Six units / 5 electric meters. Gross rent: $4450.00 per month.

Last Agent to Sell the Property

Tom McDermott

Tom McDermott, Broker License #571401 Listed on: 08/01/2013

Last Buyer's Agent

Laura Berni

17th Street Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,210

Year Built

  • Built in 1960

Lot Details

  • 9,888

Home Design

  • 2,433 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Separate Meters
  • Propane

Community Details

  • No Home Owners Association
  • Misc Upper Matacumbe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00095800-000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,210

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Mile Marker: 82.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 7209.83
  • Year Built: 1960
  • Alternate Key Number: 1111228
  • Building Style: Other Bldg Style
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 2433.00
  • Sewer Hook Up: No
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Appliances: No Appliances
  • Total Bedrooms: 7

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Propane

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00095800-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2013
Closed on
Oct 1, 2014
Bought by
Scrappy Dog Llc
Seller's Agent
Tom McDermott
Tom McDermott, Broker
Buyer's Agent
Laura Berni
17th Street Realty
List Price
$499,000
Sold Price
$340,000
Premium/Discount to List
-$159,000
-31.86%
Current Estimated Value
$1,053,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,217
Avg. Annual Appreciation
10.93%

Purchase Details

Closed on
Dec 12, 2012
Sold by
Uncles Of The Keys Inc
Bought by
Capital Bank Na and Nafh National Bank

Purchase Details

Closed on
Jun 6, 2001
Sold by
Stephen G Plummer M and Stephen Lynnette J
Bought by
Uncles Of The Keys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 1993
Bought by
Scrappy Dog Llc

Purchase Details

Closed on
Mar 1, 1986
Bought by
Scrappy Dog Llc

Purchase Details

Closed on
Apr 1, 1983
Bought by
Scrappy Dog Llc

Purchase Details

Closed on
Apr 1, 1981
Bought by
Scrappy Dog Llc
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
Scrappy Dog Llc $340,000 --
Capital Bank Na $295,300 Attorney
Uncles Of The Keys $340,000 --
Scrappy Dog Llc $135,000 --
Scrappy Dog Llc $105,000 --
Scrappy Dog Llc $110,000 --
Scrappy Dog Llc $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scrappy Dog Llc $220,000
Closed Scrappy Dog Llc $200,000
Previous Owner Uncles Of The Keys $272,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2014 10/09/14 Sold $340,000 -31.9% $140 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
08/01/2013 08/01/13 For Sale $499,000 -- $205 / 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 $10,419 $927,945 $617,059 $310,886
2023 $10,419 $873,154 $565,198 $307,956
2022 $9,371 $613,470 $301,029 $312,441
2021 $8,857 $516,017 $248,995 $267,022
2020 $8,756 $503,298 $231,823 $271,475
2019 $8,651 $482,503 $210,358 $272,145
2018 $8,456 $482,503 $210,358 $272,145
2017 $8,140 $517,798 $0 $0
2016 $7,897 $446,424 $0 $0
2015 $7,258 $355,709 $0 $0
2014 $7,079 $344,588 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tom McDermott

    Tom McDermott, Broker

    Section Image

  • L

    Buyer's Agent in 2014

    Laura Berni

    17th Street Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 561738

Florida Keys Board of REALTORS®

APN: 00095800-000000

Florida Monroe County Islamorada 33036

118 Parker Dr, Islamorada, FL

This home is located at 118 Parker Dr, Islamorada, FL 33036 since 01 August 2013 and is currently estimated at $1,053,217, approximately $432 per square foot. This property was built in 1960. 118 Parker Dr is a home located in Monroe County with nearby schools including Plantation Key School, Coral Shores High School, and Island Christian 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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