NOT LISTED FOR SALE

123 Long Key Lake Dr Long Key, FL 33001

Estimated Value: $995,000 - $1,159,000

2 Beds
2 Baths
1,510 Sq Ft
$715/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $565,000 $374 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,549/month

9 Days on Market

Highlights

  • Dock made with wood
  • Home fronts a canal
  • No HOA
  • Plantation Key School Rated A-
  • Furnished
  • 1-minute walk to Long Key State Park

About This Home

As of December 2019

Completely remodeled and with a brand new 35x8 dock with concrete pilings, this stilted home has a designer kitchen including subway tile backsplash, granite countertops, stainless steel appliances and a huge center island made for entertaining. New flooring throughout, new a/c, new water heater, new bathrooms with granite. Decorated with a nautical theme (furniture is included). Approx. 400 sq foot permitted storage room and 88 sq foot permitted shed downstairs. Plenty of room for all your water toys. House is turnkey and ready to move in. Current flood policy of only $806 per year. Survey and new elevations on file so save almost $1,000 in outside closing cost with this home. Impact resistant windows/doors and Miami Dade County approved shutters for downstairs makes this home eligible

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 11/12/2019

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 11/12/2019

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,295

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R1 - Layton Residential/Single

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,510 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Sliding Doors
  • Vinyl Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Off-Street Parking

Outdoor Features

  • Dock made with wood
  • Balcony

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Long Key Estates Subdivision

Listing and Financial Details

  • Minimum Rental Period: 90
  • Assessor Parcel Number 00386620-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,295

Year Built

Built in 1984 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Wood
  • Dockage Dock Length: 35
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4294.98
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Off Street Parking, Trailer Storage
  • Vehicle Storage Cars: 4+
  • Year Built: 1984
  • Alternate Key Number: 1474754
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Other, Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1510.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Vinyl
  • Windows/Doors: Impact Rstnce Window, Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE 8
  • Parcel Number: 00386620-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2019
Closed on
Dec 30, 2019
Sold by
Ljc Ventures Llc
Bought by
Reyes Jems and Reyes Amanda
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
List Price
$599,000
Sold Price
$565,000
Premium/Discount to List
-$34,000
-5.68%
Current Estimated Value
$1,071,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,671
Avg. Annual Appreciation
11.75%
Original Mortgage
$497,200
Outstanding Balance
$444,756
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$613,447

Purchase Details

Listed on
Nov 12, 2019
Closed on
Dec 19, 2019
Sold by
Ljc Ventures Llc
Bought by
Reyes Jems and Reyes Amanda
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
List Price
$599,000
Sold Price
$565,000
Premium/Discount to List
-$34,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,200
Outstanding Balance
$444,756
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$613,447

Purchase Details

Listed on
Nov 24, 2015
Closed on
Apr 1, 2016
Sold by
Greulich Margaret H
Bought by
Ljc Ventures Llc
Seller's Agent
Kathryn Rummery
Waterfront Specialists
Buyer's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
List Price
$465,000
Sold Price
$375,000
Premium/Discount to List
-$90,000
-19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$150,000
Interest Rate
11%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 1, 1980
Bought by
Ljc Ventures Llc
Source: Public Records

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
Reyes Jems $565,000 None Listed On Document
Reyes Jems $565,000 None Listed On Document
Ljc Ventures Llc $375,000 Attorney
Ljc Ventures Llc $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Jems $497,200
Closed Reyes Jems $497,200
Previous Owner Ljc Ventrues Llc $185,000
Previous Owner Ljc Ventures Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $565,000 -5.7% $374 / Sq Ft
11/12/2019 11/12/19 For Sale $599,000 +59.7% $397 / Sq Ft
04/01/2016 04/01/16 Sold $375,000 -19.4% $248 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
11/24/2015 11/24/15 For Sale $465,000 -- $308 / 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 $8,181 $953,850 $614,250 $339,600
2023 $8,181 $901,478 $614,250 $287,228
2022 $6,952 $687,704 $405,563 $282,141
2021 $6,337 $503,622 $253,313 $250,309
2020 $5,934 $463,355 $210,000 $253,355
2019 $4,774 $365,855 $195,000 $170,855
2018 $4,982 $369,543 $192,500 $177,043
2017 $5,397 $412,452 $0 $0
2016 $4,476 $316,987 $0 $0
2015 $3,589 $281,374 $0 $0
2014 $3,603 $279,141 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588195

Florida Keys Board of REALTORS®

APN: 00386620-000000