NOT LISTED FOR SALE

148 Peace Ave Tavernier, FL 33070

Estimated Value: $486,000 - $978,000

3 Beds
2 Baths
1,200 Sq Ft
$616/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $252,000 $210 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $4,290/month

114 Days on Market

Highlights

  • Fruit Trees
  • Deck
  • Balcony
  • Plantation Key School Rated A-
  • No HOA
  • 1-minute walk to Sunset Point Park 2

About This Home

As of May 2019

Foreclosure Bank REO. Great potential here in the wonderful neighborhood. Excellent floor plan with downstairs garage and large workshop area. Separate storage shed. Nice large lot. Big screen porch off living room. Open balcony off dining area and master. En suite master bath. Upstairs laundry room. Perfect for the do it yourself person or contractor. Cash offers only. Auction dates March 4-6. Starting bid is $125K. Permit in process for the sewer connection.

Last Agent to Sell the Property

Deb Bennett

LoKation Real Estate License #419141 Listed on: 11/19/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,392

Year Built

  • Built in 1988

Lot Details

  • 7,049 Sq Ft Lot
  • Fenced
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Home Design

  • Fixer Upper
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window
  • Shutters
  • Single Hung Windows
  • Sliding Doors
  • Tile Flooring
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Dove Creek Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00480590-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,392

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 2
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key Largo
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 94.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2391.62
  • Vehicle Storage: Covered Parking, Off Street Parking, Open Parking, Garage
  • Year Built: 1988
  • Alternate Key Number: 1589799
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s)
  • Lot Sq Ft: 7049.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1200.00
  • Financial Status Auction: Yes
  • Property Condition: Fixer Upper
  • Sewer Hook Up: No
  • Special Features: 1088
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: No Appliances
  • Floor: Other, Tile
  • Windows/Doors: Glass Doors, Single Hung Windows, Sliding Glass Doors, Jalousie Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Fruit Tree(s)
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE7
  • Parcel Number: 00480590-000000
  • Lot Size: 70 x 100.7
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2018
Closed on
Apr 23, 2019
Sold by
The Bank Of New York Mellon
Bought by
Abuchaibe Atalo Manuel
Seller's Agent
Deb Bennett
LoKation Real Estate
Buyer's Agent
Creative Technology
List Price
$349,900
Sold Price
$252,000
Premium/Discount to List
-$97,900
-27.98%
Current Estimated Value
$739,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,131
Avg. Annual Appreciation
18.08%

Purchase Details

Closed on
Nov 5, 2018
Sold by
Garcia Pedro and Garcia Mariyn
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 14, 2000
Sold by
Thrash Michael E and Thrash Jeannie L
Bought by
Garcia Pedro and Garcia Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,200
Interest Rate
7.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1994
Sold by
Jolly Donald W and Jolly Susan D
Bought by
Thrash Michael E and Thrash Jeannie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
9.01%

Purchase Details

Closed on
Aug 1, 1988
Bought by
Garcia Pedro and Garcia Marilyn

Purchase Details

Closed on
Dec 1, 1987
Bought by
Garcia Pedro and Garcia Marilyn

Purchase Details

Closed on
Mar 1, 1987
Bought by
Garcia Pedro and Garcia Marilyn

Purchase Details

Closed on
Feb 1, 1971
Bought by
Garcia Pedro and Garcia Marilyn
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
Abuchaibe Atalo Manuel $252,000 Shore To Shore Title Llc
The Bank Of New York Mellon $198,000 None Available
Garcia Pedro $156,500 --
Thrash Michael E $123,000 --
Garcia Pedro $99,900 --
Garcia Pedro $17,000 --
Garcia Pedro $12,000 --
Garcia Pedro $1,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Pedro $447,000
Previous Owner Garcia Pedro $257,000
Previous Owner Garcia Pedro $195,000
Previous Owner Garcia Pedro $32,000
Previous Owner Garcia Pedro $125,200
Previous Owner Thrash Michael E $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $252,000 -28.0% $210 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
11/19/2018 11/19/18 For Sale $349,900 -- $292 / 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 $4,227 $566,227 $317,205 $249,022
2023 $4,227 $572,758 $336,590 $236,168
2022 $3,724 $450,777 $223,806 $226,971
2021 $3,178 $266,923 $133,931 $132,992
2020 $3,161 $261,867 $133,931 $127,936
2019 $3,481 $294,911 $133,931 $160,980
2018 $3,301 $285,544 $133,931 $151,613
2017 $3,135 $285,810 $0 $0
2016 $2,949 $247,150 $0 $0
2015 $2,832 $221,166 $0 $0
2014 $2,823 $220,812 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 582881

Florida Keys Board of REALTORS®

APN: 00480590-000000