NOT LISTED FOR SALE

125 Valencia Dr Islamorada, FL 33036

Estimated Value: $2,212,407 - $2,523,000

3 Beds
4 Baths
2,141 Sq Ft
$1,096/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $1,185,000 $553 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $13,892/month

54 Days on Market

Highlights

  • Dock made with concrete
  • Boat Lift
  • Home fronts a canal
  • Plantation Key School Rated A-
  • Spa
  • 1-minute walk to Founders Park

About This Home

As of October 2020

GREAT VALUE CANAL-FRONT HOUSE. ** Concrete roof. Impact windows/doors. Newer Cental A/C. Home Elevator. 70' Concrete Dock. Pavered from street to canal. *** UPSTAIRS --(2) Bedrooms , (3) Bathrooms, Utility room, and Canal View Sun Room . *** DOWNSTAIRS -- Separate 1/1 guest suite (appx 781 sq ft, and above flood). *** FEATURES -- Garage. Carport. Parking for 4+ cars. Surveillance system. Hot tub. 15,000 lb boat lift (Just updated). Davits. Carport Utility Closets. Covered Patio. Outdoor Patio. Retractable patio awnings. Canal-front gazebo. Fish cleaning station. Floating watercraft dock. Lots of space for in-ground pool. Easy launch watercraft from trailer using Davit. Gated trailer/boat storage. Direct Ocean and Bay Access in 5 minutes.

Last Agent to Sell the Property

Richard Simonson

LoKation Real Estate License #3319114 Listed on: 07/23/2020

Last Buyer's Agent

Claudette Mell

Century 21 Circle- Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,458

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 7,000 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned R1 - Residential Single Family

Home Design

  • Concrete Roof

Interior Spaces

  • 2,141 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Sun or Florida Room
  • Storage
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Low Flow Toliet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Parking

  • 4 Car Garage
  • Carport

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Outdoor Features

  • Spa
  • Davits
  • Seawall
  • Boat Lift
  • Dock made with concrete
  • Balcony
  • Patio
  • Gazebo
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Separate Meters
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28

Community Details

Overview

  • No Home Owners Association
  • Venetian Shores Subdivision
  • Rental Restrictions

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,458

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
  • Association Approval Required: No
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 70
  • Dockage Seawall: Concrete
  • Document Count: 2
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 86.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 9458.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, Garage, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1984
  • Alternate Key Number: 1499188
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Heat Pump, Heat, Central Air
  • Lot Sq Ft: 7000.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2141.00
  • Pre Wired: Cable
  • Specialty Rooms Guest Servant Qtrs: Non-Conforming
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Low Flow Toilets, Tankless Hot Wtr Htr
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Security System, Window Treatments, Storage, Granite Counter Top, Elevator
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Microwave, Freezer, Dryer, Disposal
  • Floor: Laminate, Tile
  • Specialty Rooms: Sun/Florida Room
  • Windows/Doors: Impact Rstnce Doors, Other Windows/Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 3
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Boat Lift, Davit Pads, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Rain Gutters, Gazebo, Hot Tub
  • Roof: Concrete Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: On Premises System
  • Utilities: Cable Available, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Lot Size: 70 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Oct 19, 2020
Sold by
Simonson Richard Henry and Simonson Richard Henry
Bought by
Pernas Guillermo A and Pernas Cecilia A
Seller's Agent
Richard Simonson
LoKation Real Estate
Buyer's Agent
Claudette Mell
Century 21 Circle- Islamorada
List Price
$1,225,000
Sold Price
$1,185,000
Premium/Discount to List
-$40,000
-3.27%
Current Estimated Value
$2,346,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,161,102
Avg. Annual Appreciation
15.06%
Original Mortgage
$711,000
Outstanding Balance
$635,248
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,710,854

Purchase Details

Listed on
Jul 23, 2020
Closed on
Oct 14, 2020
Sold by
Richard Henry Simonson Revocable Living
Bought by
Pernas Guillermo A and Pernas Cecilia A
Seller's Agent
Richard Simonson
LoKation Real Estate
Buyer's Agent
Claudette Mell
Century 21 Circle- Islamorada
List Price
$1,225,000
Sold Price
$1,185,000
Premium/Discount to List
-$40,000
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,000
Outstanding Balance
$635,248
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,710,854

Purchase Details

Closed on
Jul 12, 2016
Sold by
Simonson Orichard H
Bought by
Simonson Richard and Richard Henry Simonson Revocable Living

Purchase Details

Closed on
Dec 22, 2006
Sold by
Wyatt Shirley
Bought by
Simonson Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1980
Bought by
Simonson Richard Henry Revocable Living Trust

Purchase Details

Closed on
Apr 1, 1980
Bought by
Simonson Richard Henry Revocable Living Trust
Source: Public Records

Range of Values:

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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
Pernas Guillermo A $1,185,000 Florida Title Of The Keys
Pernas Guillermo A $1,185,000 New Title Company Name
Simonson Richard -- None Available
Simonson Richard H $1,050,000 Attorney
Simonson Richard Henry Revocable Living Trust $40,000 --
Simonson Richard Henry Revocable Living Trust $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pernas Guillermo A $711,000
Closed Pernas Guillermo A $711,000
Previous Owner Simonson Richard H $395,000
Previous Owner Simonson Richard H $650,000
Previous Owner Wyatt Shirley $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $1,185,000 -0.8% $553 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/24/2020 08/24/20 Price Changed $1,195,000 -2.4% $558 / Sq Ft
07/23/2020 07/23/20 For Sale $1,225,000 -- $572 / 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 $13,305 $1,725,829 $1,134,000 $591,829
2023 $13,305 $1,692,860 $1,113,000 $579,860
2022 $11,663 $1,317,459 $735,000 $582,459
2021 $10,476 $984,952 $490,000 $494,952
2020 $9,234 $852,083 $490,000 $362,083
2019 $9,458 $857,692 $490,000 $367,692
2018 $9,121 $850,707 $486,500 $364,207
2017 $8,114 $743,975 $0 $0
2016 $8,140 $702,820 $0 $0
2015 $7,858 $730,074 $0 $0
2014 $7,858 $724,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591794

Florida Keys Board of REALTORS®

APN: 00406970-000000