NOT LISTED FOR SALE

119 Cortez Dr Unit F12 Islamorada, FL 33036

Estimated Value: $382,000 - $407,000

1 Bed
1 Bath
518 Sq Ft
$400/mo HOA Fee

Last Sold May 15, 2014

Last sale price $188,000 $363 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,812/month

63 Days on Market

Highlights

  • Ocean View
  • Boat Ramp
  • Heated In Ground Pool
  • Plantation Key School Rated A-
  • Dock Facilities
  • Clubhouse

About This Home

As of May 2014

Condo in great community on Lower Matecumbe with all you need to enjoy the Keys. This freshly painted 1 bedroom, 1 bath top floor end-unit has an ocean view from the screened balcony. Enjoy the pool, tennis, dockage and boat storage. Only units that come with a garage for plenty of storage. Easy boating with the private boat ramp and quick access to the ocean and bay. Property caretaker onsite

Last Listed By

Melissa Nowell

Ocean Sotheby's International Realty License #3202972 Listed on: 02/25/2014

Ocean Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,876

Year Built

  • Built in 1980

Lot Details

  • 0.34

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • Ocean
  • Canal

Interior Spaces

  • 518 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Laundry Room

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Parking

  • 2 Car Attached Garage
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Heated In Ground Pool
  • First Come-First Served Dock
  • Dock Facilities
  • Screened Balcony
  • Tiki or Chickee Hut
  • Attached Grill

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Trailer Storage

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00396280-001200

Community Details

Overview

  • Association fees include cable, common area mnt, building insurance, bldg exterior mnt
  • 24 Units
  • Islamorada South Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,876

Year Built

Built in 1980

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 400.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Mile Marker: 76.50
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Manager on Premises, Tennis Courts, Clubhouse, Community Boat Ramp, Community Dockage
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1876.12
  • Vehicle Storage: Garage, Trailer Storage, Off Street Parking, Assigned Parking, Attached
  • Vehicle Storage Cars: 2
  • Year Built: 1980
  • Alternate Key Number: 1488763
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 518.00
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarms, Walk-in Closet(s)
  • Floor Number: 2.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Refrigerator, Microwave, Oven
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Other
  • Total Bedrooms: 1
  • Accessibility Features: Parking

Exterior Features

  • Dockage: Dock Privileges, First Come Dock
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Built-in Grill, Chickee Hut
  • Waterview: Ocean View, Canal View
  • Pool: Yes

Utilities

  • Utilities: Cable Available

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00396280-001200
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Multi Family

  • Total Units: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2014
Closed on
May 13, 2014
Sold by
Mina John W
Bought by
Montgomery Ralph L and Montgomery Brenda W
Seller's Agent
Melissa Nowell
Ocean Sotheby's International Realty
Buyer's Agent
Melissa Nowell
Century 21 Circle - Islamorada
List Price
$194,000
Sold Price
$188,000
Premium/Discount to List
-$6,000
-3.09%
Total Days on Market
63
Current Estimated Value
$393,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,829
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
May 2, 2007
Sold by
Dwane Alan E
Bought by
Mina John W

Purchase Details

Closed on
May 19, 2006
Sold by
Alpert Martin Jeffrey and Alpert Gilberte Joachim
Bought by
Mina John W and Mina Dwane Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 2005
Sold by
Kraemer Edward S
Bought by
Alpert Martin Jeffrey and Alpert Gilberte Joachim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 1, 1983
Bought by
Montgomery Ralph L and Montgomery Brenda W

Purchase Details

Closed on
Nov 1, 1978
Bought by
Montgomery Ralph L and Montgomery Brenda W

Range of Values:

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Average Value
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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
Montgomery Ralph L $188,000 Dba Florida Title Keys
Mina John W -- Attorney
Mina John W $395,000 Coral Reef Title Co
Alpert Martin Jeffrey $340,000 --
Montgomery Ralph L $62,500 --
Montgomery Ralph L $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mina John W $92,000
Previous Owner Mina John W $316,000
Previous Owner Mina John W $39,500
Previous Owner Alpert Martin Jeffrey $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $188,000 -3.1% $363 / Sq Ft
04/29/2014 04/29/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $194,000 -- $375 / 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 $2,734 $286,986 -- $286,986
2023 $2,734 $281,162 $0 $281,162
2022 $2,482 $230,952 $0 $230,952
2021 $2,776 $187,270 $0 $187,270
2020 $2,784 $187,270 $0 $187,270
2019 $2,738 $178,824 $0 $178,824
2018 $2,702 $178,824 $0 $0
2017 $2,619 $177,270 $0 $0
2016 $2,579 $166,392 $0 $0
2015 $2,374 $144,589 $0 $0
2014 $2,108 $144,589 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 563580

Florida Keys Board of REALTORS®

APN: 00396280-001200