NOT LISTED FOR SALE

159 Mars Ln Key West, FL 33040

Estimated Value: $845,000 - $1,125,000

3 Beds
2 Baths
1,326 Sq Ft
$739/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $952,000 $718 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,327/month

438 Days on Market

About This Home

As of July 2024

WELCOME TO this canal-front home with open water views from the balcony, minutes from Key West. 55 ft concrete dock with 2 boat lifts, superior boating, fenced lot with many extras this 3 bedroom 2 bath home sits on 12 ft columns, this well-maintained home offers a kitchen with updated stainless refrigerator & dishwasher, dining room with sliders to patio with open water views,downstairs offers 30 & 50 AMP service for Vehicles & RV and plenty of parking, downstairs enclosure offers a great workshop.

Last Agent to Sell the Property

Diane Corliss

Coldwell Banker Schmitt Lower Keys (KW) License #3099169 Listed on: 01/22/2023

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Jimmy Lane

Century 21 Schwartz Realty (KW)

Home Details

Home Type

Single Family

Year Built

2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Geiger Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 10.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Ocean
  • State Province: FL
  • Taxes: 2620.88
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking, Covered Parking, RV Parking Open
  • Vehicle Storage Cars: 4+
  • Year Built: 2005
  • Alternate Key Number: 1188565
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5005.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion, Bahama
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1326.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Workshop
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Modular
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Canal View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00147016-001300
  • Lot Size: 55 x 91
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2023
Closed on
Jul 26, 2024
Sold by
Wilson Barbara J and Wilson Kevin
Bought by
Lucas Michael
Seller's Agent
Diane Corliss
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Jimmy Lane
Century 21 Schwartz Realty (KW)
List Price
$999,999
Sold Price
$952,000
Premium/Discount to List
-$47,999
-4.8%
Views
643
Current Estimated Value
$980,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,126
Avg. Annual Appreciation
1.96%
Original Mortgage
$952,000
Outstanding Balance
$937,964
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$42,162

Purchase Details

Closed on
Jul 6, 2021
Sold by
Wilson Barbi and Wilson Kevin
Bought by
Wilson Barbara J and Wilson Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1994
Sold by
Radlow Michael
Bought by
Swarey Israel Z

Purchase Details

Closed on
Apr 1, 1994
Bought by
Wilson Kevin and Wilson Barbie

Purchase Details

Closed on
Feb 1, 1978
Bought by
Wilson Kevin and Wilson Barbie
Source: Public Records
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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
Lucas Michael $952,000 None Listed On Document
Wilson Barbara J -- New Title Company Name
Wilson Barbara J -- New Title Company Name
Swarey Israel Z $86,000 --
Wilson Kevin $86,000 --
Wilson Kevin $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Michael $952,000
Previous Owner Wilson Barbara J $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $952,000 -2.4% $718 / Sq Ft
03/22/2024 03/22/24 Price Changed $975,000 -2.3% $735 / Sq Ft
01/07/2024 01/07/24 Price Changed $997,999 -0.2% $753 / Sq Ft
09/21/2023 09/21/23 For Sale $999,999 +5.0% $754 / Sq Ft
08/18/2023 08/18/23 Off Market $952,000 -- --
06/24/2023 06/24/23 Price Changed $999,999 -9.0% $754 / Sq Ft
04/03/2023 04/03/23 Price Changed $1,099,000 -4.4% $829 / Sq Ft
03/17/2023 03/17/23 Price Changed $1,149,999 -4.2% $867 / Sq Ft
01/22/2023 01/22/23 For Sale $1,199,999 -- $905 / Sq Ft
Source: Key West Association 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 $2,845 $794,147 $478,966 $315,181
2024 $2,692 $281,692 -- --
2023 $2,692 $273,488 $0 $0
2022 $2,621 $265,523 $0 $0
2021 $2,662 $257,790 $0 $0
2020 $2,645 $254,231 $0 $0
2019 $2,596 $248,516 $0 $0
2018 $2,599 $243,883 $0 $0
2017 $2,529 $238,867 $0 $0
2016 $2,539 $233,954 $0 $0
2015 $2,607 $232,328 $0 $0
2014 $2,674 $230,484 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 603883

Key West Association of REALTORS®

APN: 00147016-001300