$524,777
SOLD DEC 6, 2016

157 Mars Ln Key West, FL 33040

3 Beds
2 Baths
1,056 Sq Ft
5,408 Sq Ft Lot

Recently Sold

$497 Per Sq Ft

8% Below List Price

59 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • Complete Roll Down Shutters
  • Furnished
  • Workshop
  • 2 Car Attached Garage

About This Home

As of May 2021

This well maintained home is perfect for year 'round living, for weekend trips from the mainland, or for winter residents. It is super clean, has central AC and a conforming enclosure down. Deep draft boating access is the best in the Lower Keys, good enough for sailboats, inboard/outboards/or outboards. Owner has a 32ft Century boat with twin Yamahas docked in the rear. There is a marina just aro

Last Agent to Sell the Property

Margarita Villoch

Island Group Realty Listed on: 08/01/2016

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,803

Year Built

  • Built in 2000

Lot Details

  • 5,408 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Shingle Roof

Interior Spaces

  • 1,056 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Workshop
  • Utility Room
  • Tile Flooring
  • Canal Views
  • Complete Roll Down Shutters
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

Overview

  • No Home Owners Association
  • Geiger Mobile Home Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,803

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Control Depth: 6
  • Dockage Dock: Other
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Geiger Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: Yes
  • Mile Marker: 11.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3803.00
  • Title: Negotiable
  • Vehicle Storage: Attached, Off Street Parking, Carport
  • Vehicle Storage Cars: 2
  • Year Built: 2000
  • Alternate Key Number: 1188573
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 5408.00
  • Shutters: Other, Roll Down Manual
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1056.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Range, Refrigerator
  • Floor: Tile
  • Specialty Rooms: Utility Room, Workshop
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Modular
  • Exterior Features: Storage
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Lot Size: 23x92x40x91
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Jun 9, 2021
Sold by
Smith Lennox Keith and Smith Yvonne Lorraine
Bought by
Smith Lennox Keith and Fort Smith Yvonne
Seller's Agent
Orealis Aguilar
Virago Realty Group, LLC.
Buyer's Agent
Laura Perez
Virago Realty Group, LLC.
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Current Estimated Value
$892,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,815
Avg. Annual Appreciation
8.52%
Original Mortgage
$275,000
Outstanding Balance
$249,748
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$643,067

Purchase Details

Listed on
Mar 9, 2021
Closed on
May 19, 2021
Sold by
Caceres Fernando A and Jazmina Del
Bought by
Smith Lennox Keith and Smith Yvonne Lorraine
Seller's Agent
Orealis Aguilar
Virago Realty Group, LLC.
Buyer's Agent
Laura Perez
Virago Realty Group, LLC.
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$249,748
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$643,067

Purchase Details

Listed on
Aug 1, 2016
Closed on
Dec 6, 2016
Sold by
Naranjo Ignacio and Smith Lynette D
Bought by
Caceres Fernando A
Seller's Agent
Margarita Villoch
Island Group Realty
Buyer's Agent
Creative Technology
List Price
$569,000
Sold Price
$524,777
Premium/Discount to List
-$44,223
-7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%
Original Mortgage
$484,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 1995
Sold by
Schmid Richard E
Bought by
Birch Edward H and Birch Geraldine

Purchase Details

Closed on
Dec 20, 1994
Sold by
Naranjo Ignacio and Smith Lynette D
Bought by
Naranjo Ignacio and Smith Lynette D

Purchase Details

Closed on
Apr 12, 1994
Sold by
Smith Lynette D
Bought by
Naranjo Ignacio and Smith Lynette D

Purchase Details

Closed on
Oct 1, 1982
Bought by
Naranjo Ignacio
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Quit Claim Deed -- None Listed On Document
Warranty Deed $625,000 Sunset Title
Warranty Deed $625,000 Sunset Title Services Inc
Warranty Deed $524,800 None Available
Warranty Deed $102,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,000 New Conventional
Closed $275,000 New Conventional
Previous Owner $484,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $625,000 -3.8% $592 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $650,000 +23.9% $616 / Sq Ft
12/06/2016 12/06/16 Sold $524,777 -7.8% $497 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $569,000 -- $539 / 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 $6,353 $749,999 $505,411 $244,588
2023 $6,353 $703,149 $469,118 $234,031
2022 $5,692 $586,103 $349,486 $236,617
2021 $4,291 $436,343 $217,757 $218,586
2020 $4,331 $437,054 $215,068 $221,986
2019 $4,412 $444,622 $231,199 $213,423
2018 $4,518 $444,953 $0 $0
2017 $4,393 $435,802 $0 $0
2016 $4,326 $440,295 $0 $0
2015 $3,803 $309,431 $0 $0
2014 $3,840 $311,144 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 123581

Florida Keys Board of REALTORS®

APN: 00147016-001400