NOT LISTED FOR SALE

157 Valencia Dr Islamorada, FL 33036

Estimated Value: $2,525,000 - $4,517,000

5 Beds
5.5 Baths
4,459 Sq Ft
$722/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $1,720,000 $386 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $18,873/month

416 Days on Market

Highlights

  • Dock made with concrete
  • Home fronts a canal
  • Cathedral Ceiling
  • Plantation Key School Rated A-
  • Maid or Guest Quarters
  • 1-minute walk to Founders Park

About This Home

As of February 2021

Venetian Shores updated canalfront home with 100 ft. dock only one lot away from Snake Creek, offering great views of the channel plus instant access to the Atlantic Ocean and Florida Bay for tall or wide ships! This expansive 5 bed/5.5 bath offers a renovated kitchen, new tile flooring, updated baths and two separate masters on the main floor. Upstairs are two more bedrooms and a game room wrapped around the soaring central atrium, plus a unique crow's nest office with views of the bridge. The downstairs area is all above the flood zone and offers a large garage with reinforced garage doors for up to 4 cars plus a full downstairs apartment. There's also a new paver driveway, a permit for a pool, and a 12 ft. wide concrete dock for all your boats. Priced right... call today!

Last Agent to Sell the Property

Brett Newman

Coldwell Banker Schmitt Islamorada License #555709 Listed on: 11/29/2019

Coldwell Banker Schmitt Islamorada

Co-Listed By

Margo Newman

Coldwell Banker Schmitt Islamorada License #0153708

Last Buyer's Agent

Claire Johnson

Exit Realty Florida Keys TAV

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,154

Year Built

  • Built in 1988

Lot Details

  • 9,522 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 4,459 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Fireplace
  • Sliding Doors
  • Storage
  • Canal Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass

Parking

  • Attached Garage
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Davits
  • Dock made with concrete
  • Screened Balcony
  • Screened Patio

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Public Hookup Available For Sewer

Community Details

  • Venetian Shores Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00407050-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,154

Year Built

Built in 1988

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 150.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Control Depth: 5
  • Dockage Dock: Concrete
  • Dockage Dock Length: 100
  • Fee Includes: Other
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 86.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7154.17
  • Title: Title Ins - Buyer
  • Vehicle Storage: Attached, Trailer Storage, Off Street Parking, Open Parking, Garage, Guest Parking, Covered Parking
  • Year Built: 1988
  • Alternate Key Number: 1499269
  • Cooling Heating: Central Air, Heat Pump
  • Lot Sq Ft: 9522.00
  • Porch Balcony: Screened P/B, Screened Patio
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 4459.00
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Cathedral Ceilings, Pantry, Walk-in Closet(s), Storage, Split Bedroom, Sky Light(s), Quartz Countertops, Fireplace(s)
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Dryer
  • Floor: Carpet, Tile, Combo
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Glass Doors, Impact Rstnce Window, Sliding Glass Doors, Other Windows/Doors
  • Total Bedrooms: 5
  • Sq Ft Remarks: approx.

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Combo Construction, Stucco, Frame
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00407050-000000
  • Lot Size: 100' wide
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.22

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2019
Closed on
Feb 26, 2021
Sold by
Mayes Donald G
Bought by
Birmingham David C and Birmingham Susan C
Seller's Agent
Brett Newman
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Claire Johnson
Exit Realty Florida Keys TAV
List Price
$1,795,000
Sold Price
$1,720,000
Premium/Discount to List
-$75,000
-4.18%
Current Estimated Value
$3,219,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,499,036
Avg. Annual Appreciation
15.18%

Purchase Details

Closed on
May 5, 2020
Sold by
Ict Group Of America Llc
Bought by
Mayes Donald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,682,000
Interest Rate
3.3%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 1, 2020
Sold by
Ict Group Of America Llc
Bought by
Mayes Donald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,682,000
Interest Rate
3.3%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 28, 2019
Sold by
Mayes Donald G
Bought by
Ict Group Of America Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 21, 2019
Sold by
Mayes Donald G
Bought by
Ict Group Of America Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 18, 2004
Sold by
Mayes Donald G and Mayes Ana Maria Diaz Poole
Bought by
Mayes Donald G and Mayes Ana Maria Diaz Poole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 12, 1996
Sold by
Lee David A and Lee Linda J
Bought by
Mayes Donald G and Poole And Maria D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,350
Interest Rate
7.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1987
Bought by
Mayes Donald

Purchase Details

Closed on
Apr 1, 1981
Bought by
Mayes Donald

Purchase Details

Closed on
Dec 1, 1977
Bought by
Mayes Donald
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 Buyer Sale Price Title Company
Birmingham David C $1,720,000 Attorney
Mayes Donald G $2,278,571 New Title Company Name
Mayes Donald G $2,278,571 New Title Company Name
Ict Group Of America Llc $100 New Title Company Name
Ict Group Of America Llc $100 New Title Company Name
Mayes Donald G -- --
Mayes Donald G $392,500 --
Mayes Donald $80,000 --
Mayes Donald $65,000 --
Mayes Donald $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayes Donald G $2,682,000
Previous Owner Ict Group Of America Llc $0
Previous Owner Mayes Donald G $150,000
Previous Owner Mayes Donald G $175,000
Previous Owner Mayes Donald G $555,000
Previous Owner Mayes Donald G $200,000
Previous Owner Mayes Donald G $294,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $1,720,000 -4.2% $386 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
11/29/2019 11/29/19 For Sale $1,795,000 -- $403 / 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 $20,503 $2,698,921 $1,490,669 $1,208,252
2023 $20,503 $2,322,530 $1,538,755 $783,775
2022 $18,216 $1,873,647 $1,105,980 $767,667
2021 $14,212 $1,414,759 $721,292 $693,467
2020 $15,465 $1,496,935 $740,526 $756,409
2019 $8,322 $784,051 $0 $0
2018 $8,124 $769,432 $0 $0
2017 $7,809 $753,607 $0 $0
2016 $8,077 $738,107 $0 $0
2015 $7,887 $732,976 $0 $0
2014 $7,888 $727,159 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brett Newman

    Seller's Agent in 2021

    Brett Newman

    Coldwell Banker Schmitt Islamorada

    (305) 393-1770

    81 in this area

    110 Total Sales

    Brett Newman
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Margo Newman

    Coldwell Banker Schmitt Islamorada

    (305) 393-3980

    56 in this area

    72 Total Sales

    Margo Newman
    Section Image

  • C

    Buyer's Agent in 2021

    Claire Johnson

    Exit Realty Florida Keys TAV

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588441

Florida Keys Board of REALTORS®

APN: 00407050-000000

Florida Monroe County Islamorada 33036

157 Valencia Dr, Islamorada, FL

This home is located at 157 Valencia Dr, Islamorada, FL 33036 since 29 November 2019 and is currently estimated at $3,219,036, approximately $721 per square foot. This property was built in 1988. 157 Valencia Dr is a home located in Monroe County with nearby schools including Plantation Key School, Coral Shores High School, and Treasure Village Montessori Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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