NOT LISTED FOR SALE

127 Madeira Rd Islamorada, FL 33036

Estimated Value: $617,000 - $1,763,000

2 Beds
1.5 Baths
1,064 Sq Ft
$945/Sq Ft Est. Value

Sale Details

Date Sold: February 22, 2019

Last sale price $305,000 $287 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $5,203 / mo

8 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • 1-minute walk to Founders Park
  • Plantation Key School Rated A-

About This Home

As of February 2019

Perfect location - close to everything!!! Very private and protected. Handyman special. Concrete, Dade County Pine. Great bones. Sewer hooked up and brand new electrical panel with 200 AMP. Flexible VC zoning.

Last Agent to Sell the Property

Holly Hight

Ocean Sotheby's International Realty License #3234318 Listed on: 01/13/2019

Ocean Sotheby's International Realty

Last Buyer's Agent

Patti Stanley

Angler S Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1956

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned VC - Village Center

Home Design

  • Fixer Upper
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,064 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Ground Level
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Strattons Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00399600-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,101

Year Built

Built in 1956

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None, Other
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Mile Marker: 82.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2100.94
  • Year Built: 1956
  • Alternate Key Number: 1491934
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s)
  • Lot Sq Ft: 7500.00
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1064.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Appliances Other: YES
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Concrete
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00399600-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2021
Sold by
Bowling Robert C and Bowling James W
Bought by
81990 Overseas Hwy Llc
Current Estimated Value
$912,667

Purchase Details

Listed on
Jan 13, 2019
Closed on
Feb 22, 2019
Sold by
Gregory Loretta L
Bought by
Islamorada Fishing Club Inc
Seller's Agent
Holly Hight
Ocean Sotheby's International Realty
Buyer's Agent
Patti Stanley
Angler S Realty Inc.
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.82%
Original Mortgage
$410,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1973
Bought by
Gregory Loretta L
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
81990 Overseas Hwy Llc -- Attorney
Islamorada Fishing Club Inc $305,000 Attorney
Gregory Loretta L $5,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Islamorada Fishing Club Inc $410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2019 02/22/19 Sold $305,000 +2.0% $287 / Sq Ft
01/21/2019 01/21/19 Pending -- -- --
01/13/2019 01/13/19 For Sale $299,000 -- $281 / 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 $3,064 $361,706 $361,706 --
2024 $2,974 $361,706 $361,706 --
2023 $2,974 $359,813 $359,813 $0
2022 $2,619 $272,700 $272,700 $0
2021 $2,330 $185,588 $185,588 $0
2020 $2,264 $178,013 $178,013 $0
2019 $3,324 $276,614 $185,588 $91,026
2018 $3,221 $294,490 $204,525 $89,965
2017 $3,053 $294,490 $0 $0
2016 $2,869 $237,805 $0 $0
2015 $2,502 $169,753 $0 $0
2014 $2,363 $157,411 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583688

Florida Keys Board of REALTORS®

APN: 00399600-000000

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