NOT LISTED FOR SALE

141 Palermo Dr Islamorada, FL 33036

Estimated Value: $1,562,000 - $2,336,000

3 Beds
3.5 Baths
1,484 Sq Ft
$1,267/Sq Ft Est. Value

Last Sold July 07, 2015

Last sale price $692,500 $467 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $11,088/month

220 Days on Market

Highlights

  • Private Dock
  • Boating
  • Maid or Guest Quarters
  • Plantation Key School Rated A-
  • Home fronts a canal
  • 1-minute walk to Founders Park

About This Home

As of July 2015

3 LEVELS OF FISHING FUN! The 6th house in from the Snake Creek Bridge for easy Ocean access. Huge outdoor canal front entertainment area. Updated kitchen with granite and stainless, bedroom plus office on top floor with balcony, master on main has whirlpool tub, sun room & lots of decking. Garage on lower plus tackle area, workshop and bonus rooms. Fully furnished, just bring your toothbrush.

Last Agent to Sell the Property

Jose Flores

MMLS Assoc.-Inactive Member License #3267996 Listed on: 10/28/2014

Last Buyer's Agent

Jose Flores

MMLS Assoc.-Inactive Member License #3267996 Listed on: 10/28/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,974

Year Built

  • Built in 1986

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 70x100
  • Home fronts a canal
  • West Facing Home
  • Fenced
  • Property is zoned R2

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,484 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • French Doors
  • Family Room
  • Den
  • Workshop
  • Utility Room in Garage
  • Storage Room
  • Tile Flooring
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Private Dock
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

Overview

  • Venetian Shores Subdivision

Recreation

  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,974

Year Built

Built in 1986

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Three Or More Stories
  • Directions: US#1 AT MM 86, PALERMO IS THE FIRST STREET ON THE LEFT. HOUSE IS MID-WAY DOWN ON YOUR LEFT.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • Lot Size: 70x100
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: VENETIAN SHORES
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Closet Cabinetry, French Doors, 3 Bedroom Split, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Family Room, Maid/In-Law Quarters, Storage, Utility/Laundry In Garage, Workshop
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1484
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Living Room Features: Den/Library/Office, Family Room, Maid/In-Law Quarters, Storage Room, Utility/Laundry In Garage, Workshop
  • Master Bathroom Features: Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Metal Roof
  • View: Canal
  • Exterior Features: Barbeque, Lighting, Open Balcony
  • Construction Type: Frame, Other
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony, Open Porch, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: VENETIAN SHORES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, On Street

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Boating, Paved Road, Public Road
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Lot Size Sq Ft: 7000
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6974

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Bagels Locks And Cream Cheese Llc
Bought by
Wolfe August T
Current Estimated Value
$1,880,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$974,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2020
Sold by
Homekeys Properties Llc
Bought by
Locks Bagels and Cream Cheese Llc

Purchase Details

Listed on
Oct 28, 2014
Closed on
Jun 30, 2015
Sold by
Lowry Scott P
Bought by
Homekeys Properties Llc
Seller's Agent
Jose Flores
MMLS Assoc.-Inactive Member
Buyer's Agent
Jose Flores
MMLS Assoc.-Inactive Member
List Price
$725,000
Sold Price
$692,500
Premium/Discount to List
-$32,500
-4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$300,000
Interest Rate
3.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 21, 2014
Bought by
Homekeys Propeties Llc

Purchase Details

Closed on
Jun 19, 2007
Sold by
Lowry Stacy Lane and Lowry Stacy Hurley
Bought by
Lowry Gary

Purchase Details

Closed on
Mar 25, 2004
Bought by
Homekeys Propeties Llc

Purchase Details

Closed on
Feb 1, 1993
Bought by
Homekeys Propeties Llc

Purchase Details

Closed on
Apr 1, 1989
Bought by
Homekeys Propeties Llc
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
Wolfe August T $1,218,000 Seagull Title Company
Locks Bagels $650,000 Attorney
Homekeys Properties Llc $692,500 Attorney
Homekeys Propeties Llc -- --
Lowry Gary -- Attorney
Homekeys Propeties Llc $685,000 --
Homekeys Propeties Llc $201,000 --
Homekeys Propeties Llc $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfe August T $3,600,000
Closed Wolfe August T $3,600,000
Closed Wolfe August $267,965
Closed Wolfe August T $974,400
Previous Owner Homekeys Propertires Llc $450,000
Previous Owner Homekeys Properties Llc $300,000
Previous Owner Homekeys Properties Llc $300,000
Previous Owner Lowry Gary W $405,000
Previous Owner Feuerman Sigmund $305,577
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2015 07/07/15 Sold $692,500 0.0% $467 / Sq Ft
07/07/2015 07/07/15 Sold $692,500 -4.5% $467 / Sq Ft
06/06/2015 06/06/15 Pending -- -- --
06/06/2015 06/06/15 Pending -- -- --
10/28/2014 10/28/14 For Sale $725,000 0.0% $489 / Sq Ft
09/25/2014 09/25/14 For Sale $725,000 -- $489 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $12,687 $1,499,185 $1,134,000 $365,185
2023 $12,687 $1,464,572 $1,113,000 $351,572
2022 $11,028 $1,089,802 $735,000 $354,802
2021 $8,674 $797,718 $490,000 $307,718
2020 $8,171 $742,119 $490,000 $252,119
2019 $8,271 $737,377 $490,000 $247,377
2018 $8,123 $756,731 $486,500 $270,231
2017 $7,192 $648,159 $0 $0
2016 $7,218 $612,610 $0 $0
2015 $7,095 $612,830 $0 $0
2014 $7,525 $650,374 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2025588

MIAMI REALTORS® MLS

APN: 00405850-000000