NOT LISTED FOR SALE

159 Indian Mound Trail Tavernier, FL 33070

Estimated Value: $3,498,000 - $5,162,000

3 Beds
3 Baths
3,206 Sq Ft
$1,380/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $3,500,000 $1,092 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $25,392/month

11 Days on Market

Highlights

  • Boat Ramp
  • Sandy Beach
  • Gulf View
  • Plantation Key School Rated A-
  • Property Fronts a Bay or Harbor
  • 1-minute walk to Indian Key

About This Home

As of September 2021

BAYFRONT!!! First time on the market in over 40 years!! Iconic Bayfront home in the heart of Islamorada!!! Huge lot, just under 1/2 acre, spectacular wide open bay views from every room. You cannot ask for better sunsets while sitting on your own private white sand beach!!!! New concrete seawall/dock. Solid concrete construction including the roof. Snorkel the crystal clear bay water right from your back yard!!! Catch Snapper, Snook, Trout and many other species of fish right off your dock. Quick Ocean access via Tavernier Creek and Snake Creek. Private neighborhood boat ramp/boat park a few doors down!!! Come check this property out, they do not make anymore Bayfront property

Last Agent to Sell the Property

Shane Wilson

Cypress Realty, Inc. License #585039 Listed on: 08/06/2021

Co-Listed By

Derek Rodberg

Coastal Realty of the Florida Keys License #3344667

Last Buyer's Agent

Alina Davis

Coldwell Banker Schmitt Islamorada License #3216995

Coldwell Banker Schmitt Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,268

Year Built

  • Built in 1961

Lot Details

  • 0.4 Acre Lot
  • Property Fronts a Bay or Harbor
  • Sandy Beach
  • Property is zoned R1 - Residential Single Family

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,206 Sq Ft Home
  • Blinds
  • Gulf Views
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00419840-000000

Community Details

Overview

  • No Home Owners Association
  • Indian Harbor Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,268

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: Other
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 89.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Pets: Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5267.84
  • Year Built: 1961
  • Alternate Key Number: 1517861
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air
  • Lot Sq Ft: 17575.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Other
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 3206.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Microwave, Dryer
  • Floor: Carpet, Tile
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Sandy Beach
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Cable Available, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: VE,AE,VE,AE
  • Parcel Number: 00419840-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.40

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 1, 2021
Sold by
Perdue Barbara M and Hawkins Sandra Lee
Bought by
Lewis Patrick C
Seller's Agent
Shane Wilson
Cypress Realty, Inc.
Buyer's Agent
Alina Davis
Coldwell Banker Schmitt Islamorada
List Price
$3,895,000
Sold Price
$3,500,000
Premium/Discount to List
-$395,000
-10.14%
Current Estimated Value
$4,425,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$925,732
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Oct 12, 2018
Sold by
Perdue Reynolds Winifred S and Perdue Reynolds Winifred
Bought by
Revoc Reynolds Winifred S and Winifred S Reynolds 2018 Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lewis Patrick C $3,500,000 Coral Reef Title Co
Revoc Reynolds Winifred S -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2021 09/02/21 Sold $3,500,000 -10.1% $1,092 / Sq Ft
08/06/2021 08/06/21 For Sale $3,895,000 -- $1,215 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $28,924 $3,278,090 -- --
2024 $28,732 $3,185,705 -- --
2023 $28,732 $3,092,918 $0 $0
2022 $26,971 $2,870,211 $2,484,402 $385,809
2021 $5,313 $489,778 $0 $0
2020 $5,268 $483,016 $0 $0
2019 $5,246 $472,157 $0 $0
2018 $5,116 $463,354 $0 $0
2017 $4,924 $453,824 $0 $0
2016 $5,074 $444,490 $0 $0
2015 $4,963 $441,400 $0 $0
2014 $4,951 $437,897 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 597216

Florida Keys Board of REALTORS®

APN: 00419840-000000