NOT LISTED FOR SALE

122 Madeira Ct Islamorada, FL 33036

Estimated Value: $2,094,000 - $3,172,000

3 Beds
3.5 Baths
2,810 Sq Ft
$924/Sq Ft Est. Value

Last Sold August 19, 2015

Last sale price $860,000 $306 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $14,926/month

11 Days on Market

Highlights

  • Boat Ramp
  • Beach
  • Home fronts a canal
  • Plantation Key School Rated A-
  • Dock made with concrete
  • Stainless Steel Appliances

About This Home

As of August 2015

Great open canal views in Port Antigua. Ground levels has 1 bedroom and one bath with Jacuzzi tub. 2nd level is living, dining and kitchen with half bath and full size laundry room. 3rd level is master suite with large bath with Jacuzzi and 3rd bedroom with bath. Concrete dock and davit pads. On a quite cul de sac, travertine marble floors, impact glass. Needs some work, mostly cosmetic.

Last Agent to Sell the Property

Deb Bennett

LoKation Real Estate License #419141 Listed on: 06/15/2015

Last Buyer's Agent

Keith Allen

Coastal Realty of the Florida Keys License #623800

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,145

Year Built

  • Built in 2004

Lot Details

  • 5,888 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R1M - Residential SF Masonry

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 2,810 Sq Ft Home
  • French Doors
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Carport
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Dock made with concrete
  • Balcony
  • Patio

Utilities

  • Central Air
  • Septic Tank

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00394489-010700

Community Details

Overview

  • Association fees include common area mnt
  • Port Antigua Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Boat Dock
  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,145

Year Built

Built in 2004

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Association Fee: 500.00
  • Mandatory HOA: Yes
  • Dockage Dock: Concrete
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Mile Marker: 74.50
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features, Community Dockage, Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 9145.13
  • Vehicle Storage: Carport, Off Street Parking, Open Parking
  • Year Built: 2004
  • Alternate Key Number: 1486485
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5888.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Yearly
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 2810.00
  • Sewer Hook Up: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Other
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Range, Oven
  • Floor: Other, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Other
  • Windows/Doors: French Doors, Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE6,AE7
  • Parcel Number: 00394489-010700
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jul 15, 2015
Sold by
U S Bank National Association
Bought by
Shapiro Mark
Seller's Agent
Deb Bennett
LoKation Real Estate
Buyer's Agent
Keith Allen
Coastal Realty of the Florida Keys
List Price
$842,400
Sold Price
$860,000
Premium/Discount to List
$17,600
2.09%
Current Estimated Value
$2,595,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,735,947
Avg. Annual Appreciation
11.22%

Purchase Details

Closed on
Jan 30, 2015
Sold by
Figueira Marjorie
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 20, 2015
Sold by
Figuiera Marjorie
Bought by
Us Bank National Association

Purchase Details

Closed on
Jul 24, 2006
Sold by
Cook Robert and Cook Karen
Bought by
Figueira Fernando and Figueira Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,287,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1980
Bought by
Shapiro Mark
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
Shapiro Mark $860,000 First Intl Title Lighthouse
U S Bank National Association -- None Available
Us Bank National Association -- None Available
Figueira Fernando $1,716,000 Transworld Title Svcs Inc
Shapiro Mark $10,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Figueira Fernando $1,287,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2015 08/19/15 Sold $860,000 +2.1% $306 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $842,400 -- $300 / 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 $15,877 $2,015,727 $1,175,716 $840,011
2024 $15,877 $2,008,013 $1,161,938 $846,075
2023 $14,898 $1,861,237 $1,040,998 $820,239
2022 $13,544 $1,627,031 $796,058 $830,973
2021 $12,063 $1,206,963 $459,264 $747,699
2020 $11,040 $1,091,977 $422,523 $669,454
2019 $11,369 $1,103,470 $425,585 $677,885
2018 $10,086 $979,735 $401,002 $578,733
2017 $9,350 $925,522 $0 $0
2016 $9,201 $856,615 $0 $0
2015 $8,641 $818,022 $0 $0
2014 $9,145 $809,952 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 567734

Florida Keys Board of REALTORS®

APN: 00394489-010700