NOT LISTED FOR SALE

13 Emerald Dr Key West, FL 33040

Estimated Value: $2,574,000 - $3,848,000

4 Beds
3 Baths
2,808 Sq Ft
$1,076/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $2,400,000 $855 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $17,021/month

1 Day on Market

Highlights

  • Dock made with concrete
  • Boat Ramp
  • Sandy Beach
  • Property fronts gulf or ocean
  • Boat Lift
  • 1-minute walk to The Park

About This Home

As of May 2021

Imagine yourself relaxing on your private beach, behind the most picture perfect beach house of your dreams. This is it, walk directly into the ocean from your sandy beach, dock your boat on your lift in the protected canal & lounge in the salt generated pool under the palms trees & tiki. Immaculately renovated, 4BD/3BA with walls of glass that completely open the back of the home to the gorgeous views & combine the outdoors with the interior's open split floor plan. Recently a huge 2nd floor master suite & covered balcony was seamlessly blended with the same great vaulted wood ceilings as the original home. The kitchen has Quartz counters & high end appliances incl. Wolf, Subzero & Bosh. Completely tiled throughout, it flows for a very relaxed Keys feel. Large covered Ipe decks, 2 outdoor

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 04/13/2021

Co-Listed By

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #3264225

Last Buyer's Agent

Robert Donahue

Key West Luxury Real Estate Inc (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,039

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 0.42 Acre Lot
  • Property fronts gulf or ocean
  • Home fronts a canal
  • Sandy Beach
  • Fenced
  • Property is zoned IS - Improved Subivision District

Property Views

  • Gulf
  • Canal

Home Design

  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 2,808 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Utility Room
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Parking

  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower
  • Saltwater Pool

Outdoor Features

  • Seawall
  • Boat Lift
  • Boat Ramp
  • Dock made with concrete
  • Balcony
  • Deck
  • Patio
  • Lanai
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Porpoise Pt Sec 6 Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00156350-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,039

Year Built

Built in 1974 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Key Island: Big Coppitt
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 10.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7038.71
  • Vehicle Storage: Off Street Parking, Open Parking
  • Year Built: 1974
  • Alternate Key Number: 1201774
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless, Central Air
  • Lot Sq Ft: 18183.00
  • Pool Info: Concrete, Salt Water, In Ground
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2808.00
  • Pre Wired: Cable, Surround Sound
  • Pre Wired Other: Camera System
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Quartz Countertops, Whirlpool Bath Tub, Split Bedroom, Security System
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Oven, Refrigerator, Range, Microwave, Gas Appliances, Dryer
  • Floor: Tile
  • Specialty Rooms: Utility Room
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors
  • Total Bedrooms: 4
  • Sq Ft Remarks: Buyer to verify square footage

Exterior Features

  • Dockage: Boat Lift, Boat Ramp
  • Waterfront: Canal Front, Gulf Front, Open Water
  • Waterfront: Yes
  • Construction: CBS, Hardi Board Siding
  • Exterior Features: Chickee Hut, Sandy Beach, Outdoor Shower, Lanai, Fencing
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Security: Other
  • Utilities: Buyer to Verify, Propane, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00156350-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.42

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
May 19, 2021
Sold by
Reid Julie A and Wolf Linda L
Bought by
13 Emerald Investmetns Llc
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Robert Donahue
Key West Luxury Real Estate Inc (KW)
List Price
$2,275,000
Sold Price
$2,400,000
Premium/Discount to List
$125,000
5.49%
Current Estimated Value
$3,021,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,560
Avg. Annual Appreciation
5.08%

Purchase Details

Closed on
Aug 4, 2011
Sold by
Evans Peyton Bibb and Budinger Peyton E
Bought by
Reid Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 18, 2009
Sold by
Budinger William Doyle
Bought by
Budinger Peyton E

Purchase Details

Closed on
Apr 27, 2004
Sold by
Adams Tracy J
Bought by
Budinger Peyton E

Purchase Details

Closed on
Jun 6, 2000
Sold by
Searle George R
Bought by
Adams Tracy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
8.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1978
Bought by
Reid Julie A
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
13 Emerald Investmetns Llc $2,400,000 Florida Title Professional
Reid Julie A $950,000 Attorney
Budinger Peyton E -- Attorney
Budinger Peyton E $795,000 --
Adams Tracy J $379,000 --
Adams Tracy J -- --
Reid Julie A $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reid Julie A $417,000
Previous Owner Adams Tracy J $303,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2021 05/20/21 Sold $2,400,000 +5.5% $855 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $2,275,000 -- $810 / 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 $14,655 $1,420,125 $817,326 $602,799
2024 $23,836 $1,673,869 $1,075,524 $598,345
2023 $23,836 $3,128,979 $2,552,893 $576,086
2022 $20,294 $2,338,877 $1,761,024 $577,853
2021 $7,071 $770,967 $0 $0
2020 $7,039 $760,323 $0 $0
2019 $6,906 $743,229 $419,573 $323,656
2018 $6,935 $685,640 $407,754 $277,886
2017 $6,545 $691,901 $0 $0
2016 $6,678 $686,154 $0 $0
2015 $7,161 $668,679 $0 $0
2014 $7,024 $626,452 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595613

Florida Keys Board of REALTORS®

APN: 00156350-000000