$692,500
SOLD JUL 7, 2015

141 Palermo Dr Islamorada, FL 33036

3 Beds
3.5 Baths
1,484 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$467 Per Sq Ft

4% Below List Price

254 Days on Market

Highlights

  • Dock made with wood
  • Home fronts a canal
  • Cathedral Ceiling
  • Plantation Key School Rated A-
  • Deck
  • 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

Jim Larson

Keller Williams Realty Premier Properties License #3008160 Listed on: 09/25/2014

Co-Listed By

Jose Flores

Keller Williams Realty Premier Properties License #3267996

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,974

Year Built

  • Built in 1986

Lot Details

  • 7,000 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Property is zoned R2 - Residential Duplex

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,484 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Storage
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Dock made with wood
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Shed
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Separate Meters
  • Septic Tank
  • Cable TV Available

Community Details

  • Venetian Shores Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00405850-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,974

Year Built

Built in 1986

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Association Fee: 150.00
  • Mandatory HOA: Yes
  • Control Depth: 5
  • Dockage Dock: Wood
  • Fee Includes: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 86.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6973.61
  • Title: Title Ins - Buyer
  • Vehicle Storage: Attached, Off Street Parking, Garage
  • Vehicle Storage Cars: 2
  • Year Built: 1986
  • Alternate Key Number: 1498106
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 7000.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1484.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Whirlpool Bath Tub, Window Treatments, Storage, Granite Counter Top, Pantry, Cathedral Ceilings, Drapes/Blinds Incl
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Range, Refrigerator, Microwave, Oven, Dryer, Disposal
  • Floor: Tile
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Combo Construction, Frame
  • Exterior Features: Bar, Shed, Privacy Wall/Fence, Fencing, Lighting, Chickee Hut
  • Roof: Metal Roof
  • Waterview: Canal View

Utilities

  • Utilities: Buyer to Verify, Water Separate Meter, Septic Tank, Elect Separate Meter, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00405850-000000
  • Lot Size: 70.0 ft x 100.0 ft
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2014

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
$1,944,606

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
10.14%
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

Similar Homes in the area

  • 128 E Ridge Rd, Islamorada, FL 33036

    $799,995

    • 3 Beds
    • 2 Baths
    • 1,320 Sq Ft
    • 128 E Ridge Rd
    • Islamorada, FL

    Step into a slice of Old Florida charm right in the heart of Islamorada. This well-kept home offers a peaceful tropical oasis across the street from Founder's Park. The lush tropical front yard has a serene fountain. A screened and open veranda is perfect for relaxing or entertaining.Tastefully updated kitchen with stainless Steel appliances and a built-in pantry. Backyard Oasis with tropical

    Diana Fiddes Coldwell Banker Schmitt Key Largo

    Section Image
  • 87200 Overseas Hwy, Islamorada, FL 33036

    $685,000

    • 3 Beds
    • 2 Baths
    • 1,355 Sq Ft
    • 87200 Overseas Hwy
    • Islamorada, FL

    All NEW Stunning Islamorada 3/2 plus loft fully furnished & equipped with new kitchen, bar, built-ins fishing+storage, 2 brand new Bathrooms, new extended loft area, new high end appliances, new full size Washer/Dryer, new BBQ area new patio pavers, private palms trees, Serena & Lily furnish, new electric, new electric water heater, new car charging, new 80" smart OLED TV, new bar, coffee and

    Ivette Agusti Premier Properties

    Section Image
  • 130 N Hammock Rd, Islamorada, FL 33036

    $865,000

    • 3 Beds
    • 2 Baths
    • 1,376 Sq Ft
    • 130 N Hammock Rd
    • Islamorada, FL

    Island Life in the Heart of Islamorada, a ground-level, 3 bed, 2 bath home with all the charm and comfort you need to enjoy life in the Keys. Solid CBS construction with Bahama shutters, central air, and an updated kitchen ready for entertaining. The yard is fully fenced plus there's a large bonus shed out back. Walking distance to Publix, restaurants, and all the best local spots. Easy,

    The Jude Lindback Te Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    Section Image
  • 125 S Rolling Hill Rd, Tavernier, FL 33070

    $785,000

    • 2 Beds
    • 2 Baths
    • 1,120 Sq Ft
    • 125 S Rolling Hill Rd
    • Tavernier, FL

    Move-In Ready Islamorada Home Well-kept 2-bedroom, 2-bath home on a spacious corner lot in Plantation Key. The property is fully fenced with an electric gate and has swinging gates for easy access with a large boat or RV.Upstairs you'll find the main living area with laundry, while downstairs offers extra storage. Relax on the breezy porch surrounded by trees or wind down in your own private

    Shelby Morris American Caribbean Real Estate, Christie's International Real Estate

    Section Image
  • 125 S Rolling Hill Rd, Tavernier, FL 33070

    $785,000

    • 2 Beds
    • 2 Baths
    • 1,120 Sq Ft
    • 125 S Rolling Hill Rd
    • Tavernier, FL

    Charming and Tranquil Home in the Heart of Islamorada. Experience serene living in this delightful 2-bedroom, 2-bathroom retreat on Plantation Key. Perfectly situated, this home offers convenient access to top schools, fantastic dining options, the beautiful Founders Park and Beach, and other neighborhood amenities. The property boasts a spacious, fenced corner lot with ample RV and boat parking,

    Shelby Morris American Caribbean Real Estate

    Section Image
  • 82207 Old Hwy, Islamorada, FL 33036

    $719,000

    • 2 Beds
    • 2 Baths
    • 1,224 Sq Ft
    • 82207 Old Hwy
    • Islamorada, FL

    Exceptional Opportunity in the Heart of Islamorada! Located in the desirable Village Center (VC) zoning district, this fixer-upper home offers endless possibilities for redevelopment. Whether you're looking to renovate for residential use or take advantage of the flexible zoning that allows for a variety of commercial and mixed-use options—including retail, office, and much more (with Village

    Lauren Dunn Coldwell Banker Schmitt R.E.

    Section Image
  • 81975 Old Hwy, Islamorada, FL 33036

    $775,000

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • 81975 Old Hwy
    • Islamorada, FL

    Bright and airy Keys home in the Heart of Islamorada! Old Highway location popular with walkers, runners, and cyclists. You're just a short stroll from 'downtown' Islamorada's best restaurants, shops, and galleries. Step inside to soaring tongue-and-groove ceilings that create an open, airy vibe, complemented by warm wood flooring and abundant natural light throughout. The spacious living and

    Christy Hughes Coldwell Banker Schmitt Islamorada

    Section Image
  • 295 Gardenia St, Tavernier, FL 33070

    $560,500

    • 3 Beds
    • 2 Baths
    • 926 Sq Ft
    • 295 Gardenia St
    • Tavernier, FL

    New Construction, 3 bedroom 2 bathroom. This is a Habitat for Humanity Home. The buyer must qualify To purchase this property.

    Cliff Glansen FlatFee.com

    Section Image
  • 173 Hibiscus St, Tavernier, FL 33070

    $775,000

    • 3 Beds
    • 2 Baths
    • 1,410 Sq Ft
    • 173 Hibiscus St
    • Tavernier, FL

    This stunning CBS, ground level home in an X Zone has been beautifully updated! With 1,410 sq. ft. under air, this 3-bedroom, 2-bath home is a gem located in one of Islamorada's most desirable and convenient neighborhoods--Plantation Key Colony.Situated on a fully fenced and gated lot you'll be welcomed by an abundance of sunlight and tropical landscape. The main living area boasts vaulted,

    Dakota Roberts The Keyes Company

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,218,000 Seagull Title Company
Warranty Deed $650,000 Attorney
Warranty Deed $692,500 Attorney
Deed -- --
Quit Claim Deed -- Attorney
Warranty Deed $685,000 --
Warranty Deed $201,000 --
Warranty Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,600,000 New Conventional
Closed $3,600,000 New Conventional
Closed $267,965 Credit Line Revolving
Closed $974,400 New Conventional
Previous Owner $450,000 Balloon
Previous Owner $300,000 Unknown
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $405,000 New Conventional
Previous Owner $305,577 New Conventional
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: 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 $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

  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 565524

Florida Keys Board of REALTORS®

APN: 00405850-000000