NOT LISTED FOR SALE

120 Gimpy Gulch Dr Islamorada, FL 33036

Estimated Value: $881,338 - $1,986,000

3 Beds
3 Baths
2,614 Sq Ft
$453/Sq Ft Est. Value

Last Sold March 08, 2013

Last sale price $325,000 $124 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $6,592/month

14 Days on Market

Highlights

  • Community Boat Dock
  • 19,480 Sq Ft lot
  • 1-minute walk to Founders Park
  • Plantation Key School Rated A-

About This Home

As of March 2013

Private Native Tropical Setting located in Islamorada in a Bayside HOA! This secluded spacious home offers three bedrooms and three baths with large open porch. Sits on an oversized lot located on a private street that allows access to a homeowners' dock allowing up to a 20 ft boat upon joining the Homeowners' Association. Hurry this one will not last!

Last Agent to Sell the Property

Claudette Mell

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #3015412 Listed on: 01/09/2013

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Lisa Frins

Century 21 Prestige Realty Grp, Tavernier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,354

Year Built

  • Built in 1972

Lot Details

  • 0.45 Acre Lot
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • 2,614 Sq Ft Home
  • Frame Construction

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00091880-000300

Community Details

Overview

  • Association fees include common area mnt
  • Misc Plantation Key Subdivision
  • Rental Restrictions

Recreation

  • Community Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,354

Year Built

Built in 1972

Lot Details

0.45 Acres

HOA Fees

$4 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Association Fee: 50.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Other
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 87.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Dockage
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3354.42
  • Year Built: 1972
  • Alternate Key Number: 1105937
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Lot Sq Ft: 19480.00
  • Association Maintenance Fee Per: Yearly
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 2614.00
  • Sewer Hook Up: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Range, Oven, Microwave
  • Total Bedrooms: 3
  • Sq Ft Remarks: Buyer to verify

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction, Frame
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00091880-000300
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2013
Closed on
Mar 8, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tarallo Frank G and Tarallo Kathryn E
Seller's Agent
Claudette Mell
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Lisa Frins
Century 21 Prestige Realty Grp, Tavernier
List Price
$299,900
Sold Price
$325,000
Premium/Discount to List
$25,100
8.37%
Current Estimated Value
$1,184,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$859,835
Avg. Annual Appreciation
10.43%

Purchase Details

Closed on
Aug 29, 2012
Sold by
Bank Of America Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 10, 2012
Sold by
Labarta Larry and Labarta Trinidad
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Jul 25, 2012
Sold by
Labarta Larry and Labarta Trinidad
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Jan 6, 2009
Sold by
Labarta Lynn
Bought by
Labarta Larry and Labarta Trinidad

Purchase Details

Closed on
Jan 26, 2004
Sold by
Labarta Larry and Labarta Trinidad
Bought by
Labarta Larry and Peters Denis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 7, 2004
Sold by
Young Betty Lynn
Bought by
Labarta Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 30, 1998
Bought by
Tarallo Frank G and Tarallo Kathryn E

Purchase Details

Closed on
Dec 6, 1995
Sold by
Warner Elizabeth B
Bought by
Warner Tr Elizabeth B

Purchase Details

Closed on
Feb 1, 1975
Bought by
Tarallo Frank G and Tarallo Kathryn E
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
Tarallo Frank G $325,000 Attorney
Federal Home Loan Mortgage Corporation -- New House Title Llc
Bac Home Loans Servicing Lp -- None Available
Bac Home Loans Servicing Lp -- None Available
Labarta Larry -- Attorney
Labarta Larry -- --
Labarta Larry $505,000 --
Tarallo Frank G $147,000 --
Warner Tr Elizabeth B $100 --
Tarallo Frank G $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labarta Larry $400,000
Closed Labarta Larry $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2013 03/08/13 Sold $325,000 +8.4% $124 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $299,900 -- $115 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $4,256 $416,831 -- --
2024 $4,223 $405,084 -- --
2023 $4,223 $393,286 $0 $0
2022 $4,151 $381,832 $0 $0
2021 $4,167 $370,711 $0 $0
2020 $4,133 $365,593 $0 $0
2019 $4,114 $357,374 $0 $0
2018 $4,009 $350,711 $0 $0
2017 $3,862 $343,498 $0 $0
2016 $3,969 $336,433 $0 $0
2015 $3,887 $334,094 $0 $0
2014 $4,544 $356,767 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 560005

Florida Keys Board of REALTORS®

APN: 00091880-000300

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