NOT LISTED FOR SALE

1569 Fern Ave Big Pine Key, FL 33043

Estimated Value: $880,000 - $990,000

2 Beds
1 Bath
1,320 Sq Ft
$705/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $295,000 $223 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $5,435/month

57 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Canal View
  • No HOA
  • Boat Ramp
  • Ranch Style House
  • Central Heating and Cooling System

About This Home

As of March 2019

Reduced $45,000 This 2 bedroom 1 bath home is located on Big Pine Key a residential neighborhood close to shopping and necessary services. Schools are Sugarloaf and Key West. Home has detached double car garage, private boat ramp, Davits along canal that enters Florida Bay in minutes. Home interior due to hurricane has been gutted. (see photos). Electric plumbing, hot water heater A/C and ceilings still intact. Make this home your own. All demo work has been completed and removed. Home is fenced and on double lot. Recommend due diligence with local authorities in the remodel for new codes and allowances. Outstanding location. Opportunity is knocking to any investor, rehabber ,fixer upper or individual that wants to make this your own.

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,334

Year Built

  • Built in 1972

Lot Details

  • 0.28 Acre Lot
  • 120 Feet of Waterfront
  • Property fronts a saltwater canal
  • South Facing Home
  • Fenced
  • Property is zoned IS

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,320 Sq Ft Home
  • Ceiling Fan
  • Concrete Flooring
  • Canal Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Access to Saltwater Canal
  • Davits
  • Boat Ramp

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Eden Pines Colony 3Rd Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,334

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1320
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 1320
  • Lot Size Sq Ft: 12000
  • Directions to Property: US1 exit left toward Key West then turn right onto Key Deer Blvd. ( Hwy 940 ) then left onto Watson Blvd. 2nd right onto Fern Avenue 1569 on right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4905093&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4905093&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 223.48
  • Close to Original List Price Ratio: 0.86765
  • Ratio: Current Price\Building Area Total: 223.48
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Other
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 1569
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Boat Ramp - Private, Davits
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12087C1309K
  • Waterfront Frontage: 120
  • Water Frontage Feet Canal Salt: 120
  • Disclosures: None

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: IS
  • Parcel Number: 00271210-000000
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2005-02-18
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: none

Tax Info

  • Tax Annual Amount: 2334
  • Tax Block: 22
  • Tax Book Number: 5-59
  • Tax Lot: 8

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2018
Closed on
Apr 9, 2019
Sold by
Peggy Devivo
Bought by
Carvajal Luis
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$340,000
Sold Price
$295,000
Premium/Discount to List
-$45,000
-13.24%
Current Estimated Value
$930,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,707
Avg. Annual Appreciation
19.11%

Purchase Details

Listed on
Dec 14, 2018
Closed on
Mar 25, 2019
Sold by
Peggy Devivo
Bought by
Carvajal Luis
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$340,000
Sold Price
$295,000
Premium/Discount to List
-$45,000
-13.24%

Purchase Details

Closed on
Feb 11, 2010
Sold by
Sutphen Patricia P
Bought by
Sutphen Patricia P and Patricia P Sutphen Living Trust

Purchase Details

Closed on
Dec 1, 1977
Bought by
Sutphen Patricia P Liv Trust 8/10
Source: Public Records

Range of Values:

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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
Carvajal Luis $295,000 New Title Company Name
Carvajal Luis $295,000 New Title Company Name
Sutphen Patricia P -- None Available
Sutphen Patricia P Liv Trust 8/10 $49,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2019 03/27/19 Sold $295,000 0.0% $223 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
02/02/2019 02/02/19 Price Changed $295,000 -13.2% $223 / Sq Ft
12/13/2018 12/13/18 For Sale $340,000 -- $258 / Sq Ft
Source: Stellar 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 $6,180 $909,159 $607,020 $302,139
2023 $6,180 $892,789 $601,020 $291,769
2022 $5,538 $752,955 $457,380 $295,575
2021 $4,849 $510,161 $241,920 $268,241
2020 $4,236 $381,730 $226,800 $154,930
2019 $2,067 $187,733 $0 $0
2018 $2,398 $219,210 $0 $0
2017 $2,334 $214,702 $0 $0
2016 $2,342 $210,286 $0 $0
2015 $2,403 $208,824 $0 $0
2014 $2,460 $207,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4905093

Stellar MLS

APN: 00271210-000000