NOT LISTED FOR SALE

159 Mars Ln Key West, FL 33040

Estimated Value: $879,000 - $1,062,000

3 Beds
2 Baths
1,326 Sq Ft
$723/Sq Ft Est. Value

Last Sold July 26, 2024

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

Est. 1% increase in value since last sale

Current estimated payment $5,303/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

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
$958,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,124
Avg. Annual Appreciation
0.55%
Original Mortgage
$952,000
Outstanding Balance
$941,391
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$16,733

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lucas Michael $952,000 None Listed On Document
Wilson Barbara J -- Milestone Title Services Llc
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 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

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 $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

    164 Total Sales

    Diane Corliss
    Section Image

  • J

    Buyer's Agent in 2024

    Jimmy Lane

    Century 21 Schwartz Realty (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 603883

Key West Association of REALTORS®

APN: 00147016-001300

Florida Monroe County Key West 33040

159 Mars Ln, Key West, FL

This home is located at 159 Mars Ln, Key West, FL 33040 since 22 January 2023 and is currently estimated at $958,124, approximately $722 per square foot. This property was built in 2005. 159 Mars Ln is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High 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.

Key West Association 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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