NOT LISTED FOR SALE

1361 State Rd Unit 4A Little Torch Key, FL 33042

Estimated Value: $1,006,000 - $1,344,624

2 Beds
2 Baths
1,092 Sq Ft
$1,074/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $725,000 $664 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,751/month

136 Days on Market

Highlights

  • Ocean View
  • Dock made with concrete
  • Waterfront
  • Boat Ramp
  • Concrete Pool
  • 1-minute walk to National Key Deer Refuge

About This Home

As of June 2020

RARE OPPORTUNITY! It's not often this kind of property comes on the market. Open Water with cement dock & Pier. 2/2 CBS home with a pool. Large covered porch. Over 1.2 Acres of land gives you privacy. Good Boating to both Gulf & Atlantic. Downstairs Storage. Zoned Commercial Fishing. Horse stable. House sits in AE Flood zone. Boat ramp in neighborhood. Sunrise views and sunset soft after glow of color.

Last Agent to Sell the Property

Rose Dell

Coldwell Banker Schmitt RE Co. Listed on: 01/01/2020

Last Buyer's Agent

Rose Dell

ROSE DELL & ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,444

Year Built

  • Built in 1978

Lot Details

  • 1.26 Acre Lot
  • Waterfront
  • Property is zoned CFS - Commercial Fishing Special Districts

Parking

  • Carport

Home Design

  • Metal Roof

Interior Spaces

  • 1,092 Sq Ft Home
  • Single Hung Windows
  • Sliding Doors
  • Ocean Views
  • Pull Down Stairs to Attic
  • Complete Accordion Shutters

Kitchen

  • Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Dock made with concrete
  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00113100-000000

Community Details

Overview

  • No Home Owners Association
  • Misc Little Torch Ke Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,444

Year Built

Built in 1978

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: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 30
  • Document Count: 8
  • Fee Includes: None
  • Key Island: Little Torch Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 28.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 9443.77
  • Vehicle Storage: Carport, Covered Parking
  • Year Built: 1978
  • Alternate Key Number: 1142760
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air
  • Lot Sq Ft: 54883.20
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1092.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Pull Down Stairs
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range
  • Floor: Tile, Vinyl
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE9
  • Parcel Number: 00113100-000000
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.26

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2020
Closed on
Jun 10, 2020
Sold by
Ingeborg M Krause Revocable Trust
Bought by
Sharp Jeremy and Sharp Iliana Maria
Seller's Agent
Rose Dell
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Rose Dell
Coldwell Banker Schmitt RE Co.
List Price
$915,000
Sold Price
$725,000
Premium/Discount to List
-$190,000
-20.77%
Current Estimated Value
$1,173,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,156
Avg. Annual Appreciation
9.39%
Original Mortgage
$0
Interest Rate
3.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 25, 2002
Sold by
Ronald Ll Coc I and Clerk Of Court C
Bought by
Krause Gerold W and Krause Inge

Purchase Details

Closed on
Dec 21, 2001
Sold by
Ronald Ll Coc I and Clerk Of Court C
Bought by
Krause Gerold W and Krause Inga

Purchase Details

Closed on
Jun 29, 2001
Sold by
G Or I Krause Investments C
Bought by
Gurskis Joseph J and Gurskis Carolyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1973
Bought by
Ingeborg M Krause Rev Trust 06/28/02
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sharp Jeremy $725,000 True Title Agency
Sharp Jeremy $725,000 True Title Agency
Krause Gerold W $1,000 --
Krause Gerold W -- --
Gurskis Joseph J $180,000 --
Ingeborg M Krause Rev Trust 06/28/02 $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sharp Jeremy $0
Previous Owner Gurskis Joseph J $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2020 06/10/20 Sold $725,000 -9.4% $664 / Sq Ft
03/23/2020 03/23/20 Price Changed $800,000 -8.6% $733 / Sq Ft
02/07/2020 02/07/20 Price Changed $875,000 -4.4% $801 / Sq Ft
01/01/2020 01/01/20 For Sale $915,000 -- $838 / 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 $6,656 $759,465 -- --
2023 $6,656 $737,345 $0 $0
2022 $6,481 $715,869 $0 $0
2021 $6,688 $695,019 $0 $0
2020 $10,016 $1,074,426 $889,448 $184,978
2019 $9,444 $1,048,717 $861,190 $187,527
2018 $8,990 $989,704 $800,189 $189,515
2017 $7,602 $729,698 $0 $0
2016 $7,460 $708,970 $0 $0
2015 -- $705,821 $0 $0
2014 -- $625,712 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588954

Florida Keys Board of REALTORS®

APN: 00113100-000000