159 Mars Ln Key West, FL 33040
3
Beds
2
Baths
1,326
Sq Ft
4,792
Sq Ft Lot
About This Home
As of July 2024WELCOME 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
Coldwell Banker Schmitt Lower Keys (KW) License #3099169 Listed on: 01/22/2023
Last Buyer's Agent
Jimmy Lane
Century 21 Schwartz Realty (KW)
Home Details
Home Type
Single Family
Est. Annual Taxes
$2,692
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
- Control Depth: 4
- 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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,663
Avg. Annual Appreciation
2.37%
Original Mortgage
$952,000
Outstanding Balance
$945,566
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$28,097
Purchase Details
Closed on
Jul 6, 2021
Sold by
Wilson Kevin and Wilson Barbara
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
Similar Homes in Key West, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $952,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Milestone Title Services Llc | |
| Warranty Deed | $86,000 | -- | |
| Warranty Deed | $86,000 | -- | |
| Deed | $12,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $952,000 | VA | |
| Previous Owner | $540,000 | New Conventional | |
| Previous Owner | $336,350 | New Conventional | |
| Previous Owner | $348,000 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $225,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $155,844 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 Compared to Growth
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 | $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
-
Diane Corliss
Seller's Agent in 2024
Diane Corliss
Coldwell Banker Schmitt Lower Keys (KW)
(305) 849-0934
2 in this area
188 Total Sales
-
J
Buyer's Agent in 2024
Jimmy Lane
Century 21 Schwartz Realty (KW)
Map
Source: Key West Association of REALTORS®
MLS Number: 603883
APN: 00147016-001300
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