NOT LISTED FOR SALE

158 Milano Dr Islamorada, FL 33036

Estimated Value: $5,003,746 - $5,798,000

5 Beds
5.5 Baths
4,057 Sq Ft
$1,325/Sq Ft Est. Value

Last Sold May 10, 2017

Last sale price $3,250,000 $801 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $30,737/month

118 Days on Market

Highlights

  • Ocean View
  • Dock made with concrete
  • Heated In Ground Pool
  • Plantation Key School Rated A-
  • Boat Lift
  • 1-minute walk to Founders Park

About This Home

As of May 2017

Stunning Venetian Shores Home situated directly on Snake Creek. Rarely do these properties come on the market and seldom are they this immaculately kept. The property offers over 4,000 square feet of professionally designed living space with 5 bedrooms (3rd Floor is an expansive Master Suite) and 5.5 baths.

Last Agent to Sell the Property

Ashley Lindmar, Realtor

Coldwell Banker Schmitt Islamorada License #3158973 Listed on: 12/21/2016

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Ashley Lindmar, Realtor

Moorings Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,193

Year Built

  • Built in 2002

Lot Details

  • 0.37 Acre Lot
  • Home fronts a canal
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • Ocean
  • Gulf
  • Canal

Home Design

  • Widow's Walk
  • Metal Roof

Interior Spaces

  • 4,057 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Storage
  • Utility Room

Kitchen

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

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Complete Accordion Shutters
  • Impact Glass

Parking

  • 4 Car Garage
  • Carport
  • Electric Gate

Accessible Home Design

  • Accessible Elevator Installed

Eco-Friendly Details

  • Solar Power System
  • Solar Water Heater

Outdoor Features

  • Heated In Ground Pool
  • Davits
  • Boat Lift
  • Dock made with concrete
  • Screened Balcony
  • Screened Patio
  • Outdoor Water Feature
  • Outdoor Storage

Utilities

  • Central Air
  • Propane
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00409870-000000

Community Details

Overview

  • Venetian Shores Subdivision
  • Rental Restrictions

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,193

Year Built

Built in 2002

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: No
  • Voluntary HOA: Yes
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 86.00
  • 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: 21192.94
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, Garage, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2002
  • Alternate Key Number: 1501654
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 16161.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Screened P/B, Widow's Walk, Screened Patio
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 4057.00
  • G F Interior Features: Solar Water Heater
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Split Bedroom, Window Treatments, Wet Bar, Walk-in Closet(s), Storage, Security System, Pantry, Granite Counter Top, Cathedral Ceilings, Entrance Foyer, Elevator
  • Total Bathrooms: 5.10
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Solar Hot Water, Refrigerator, Range, Oven, Microwave, Gas Appliances, Dryer, Disposal
  • Floor: Marble, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 5
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: Boat Lift, Other Dockage, Davits
  • Waterfront: Canal Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage, Water Display
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Ocean View, Open Water View, Canal View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Other, On Premises System
  • Utilities: Buyer to Verify, Solar Power, Propane, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE,VE
  • Parcel Number: 00409870-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.37

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2016
Closed on
May 8, 2017
Sold by
Rampal Llc
Bought by
Bell Wayne G and Wayne G Bell Living Trust
Seller's Agent
Ashley Lindmar, Realtor
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Ashley Lindmar, Realtor
Moorings Realty, Inc
List Price
$3,700,000
Sold Price
$3,250,000
Premium/Discount to List
-$450,000
-12.16%
Current Estimated Value
$5,373,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,123,687
Avg. Annual Appreciation
5.96%
Original Mortgage
$2,250,000
Outstanding Balance
$377,969
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$4,995,718

Purchase Details

Closed on
May 30, 2009
Sold by
Gardner Earnie L and Gardner Janine Marie
Bought by
Rampal Llc

Purchase Details

Closed on
May 17, 2000
Sold by
Fred E Snowman Jr Tr and Fred E Snowman Jr Rev Trust
Bought by
Gardner Earnie L and Gardner Janine M

Purchase Details

Closed on
Sep 23, 1999
Bought by
Rampal Llc

Purchase Details

Closed on
Aug 26, 1998
Sold by
Hamel Gerald
Bought by
Green Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.92%

Purchase Details

Closed on
Mar 1, 1987
Bought by
Rampal Llc

Purchase Details

Closed on
Feb 1, 1973
Bought by
Rampal Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bell Wayne G $3,250,000 Attorney
Rampal Llc $3,500,000 Coral Reef Title Company
Gardner Earnie L $500,000 --
Rampal Llc $380,000 --
Green Don $375,000 --
Rampal Llc $135,000 --
Rampal Llc $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Wayne G $2,250,000
Previous Owner Green Don $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2017 05/10/17 Sold $3,250,000 -12.2% $801 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
12/21/2016 12/21/16 For Sale $3,700,000 -- $912 / 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
2025 $31,495 $3,985,275 $2,554,448 $1,430,827
2024 $30,551 $3,991,314 $2,554,448 $1,436,866
2023 $30,551 $4,055,835 $2,633,233 $1,422,602
2022 $27,232 $3,382,699 $1,951,441 $1,431,258
2021 $24,001 $2,443,955 $1,121,169 $1,322,786
2020 $28,828 $2,932,747 $1,587,818 $1,344,929
2019 $28,969 $2,888,114 $1,524,184 $1,363,930
2018 $27,395 $2,741,003 $1,387,826 $1,353,177
2017 $22,073 $2,327,155 $0 $0
2016 $21,193 $2,004,067 $0 $0
2015 $19,838 $1,977,028 $0 $0
2014 $17,944 $1,701,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 573292

Florida Keys Board of REALTORS®

APN: 00409870-000000