NOT LISTED FOR SALE

161 E Ridge Rd Islamorada, FL 33036

Estimated Value: $1,186,000 - $1,560,000

3 Beds
3 Baths
2,288 Sq Ft
$598/Sq Ft Est. Value

Last Sold July 24, 2019

Last sale price $625,000 $273 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $7,695/month

230 Days on Market

Highlights

  • Ocean View
  • Boat Ramp
  • Deck
  • Plantation Key School Rated A-
  • In Ground Pool
  • 1-minute walk to Founders Park

About This Home

As of July 2019

ISLAMORADA Living! Spacious and airy remodeled 3/3 with a large master suite upstairs with great ocean views. Warm laminate wood floors.Kitchen features Cherry wood cabinets and granite tops.Deep double lot affords privacy.Heated pool & spa. 1 Car Garage. Neighborhood boat ramp just steps away!Close to schools, grocery stores and great restaurants. Islamorada Founders Park is across the street. Do not miss this one!

Last Agent to Sell the Property

Kimberly Gray

LoKation Real Estate License #3151823 Listed on: 11/22/2018

LoKation Real Estate

Last Buyer's Agent

Pedro Riveiro

Capital Real Estate Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,381

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 0.33 Acre Lot
  • Sprinkler System
  • Property is zoned R1 - Residential Single Family

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,288 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Double Hung Windows
  • Storage
  • Laundry Room
  • Ocean Views

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Garage
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Boat Ramp
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00411810-000000

Community Details

Overview

  • No Home Owners Association
  • Association fees include sewer
  • Plant Ridge Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,381

Year Built

Built in 1958 | Remodeled

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
  • Fee Includes: Sewer
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 87.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Other Terms
  • Side: Ocean
  • State Province: FL
  • Taxes: 4381.40
  • Title: Negotiable
  • Vehicle Storage: Garage, Trailer Storage, Off Street Parking, Open Parking, Guest Parking
  • Year Built: 1958
  • Alternate Key Number: 1506052
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 14250.00
  • Pool Info: In Ground
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2288.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Security System, Walk-in Closet(s), Storage, Smoke Alarms, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Oven, Refrigerator, Microwave, Freezer
  • Floor: Carpet, Wood, Tile, Combo
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Double Hung Windows, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Basin, Boat Ramp
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Frame
  • Exterior Features: Lighting, Sprinkler System, Storage, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE,AE
  • Parcel Number: 00411810-000000
  • Land Size: More than 1 Lot
  • Acres: 0.33

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2020
Sold by
Linens And More Of The Florida Keys Llc
Bought by
Martin Akalia
Current Estimated Value
$1,368,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$375,061
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$993,644

Purchase Details

Closed on
Mar 9, 2020
Sold by
Martin Alalin
Bought by
Martin Alalia

Purchase Details

Listed on
Nov 22, 2018
Closed on
Jul 24, 2019
Sold by
Hoyo Jorge L
Bought by
Linens And More Of The Florida Keys Llc
Seller's Agent
Kimberly Gray
LoKation Real Estate
Buyer's Agent
Pedro Riveiro
Capital Real Estate Group Inc
List Price
$675,000
Sold Price
$625,000
Premium/Discount to List
-$50,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.92%
Original Mortgage
$450,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 12, 2011
Sold by
Nationstar Mortgage Llc
Bought by
Hoyo Jorge L

Purchase Details

Closed on
Feb 16, 2011
Sold by
Skrobeck Gary L and Bonino Karen
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jun 1, 1980
Bought by
Hoyo Jorge L

Purchase Details

Closed on
May 1, 1979
Bought by
Hoyo Jorge L
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
Martin Akalia -- None Listed On Document
Martin Alalia -- None Available
Linens And More Of The Florida Keys Llc $625,000 Attorney
Hoyo Jorge L $250,000 Resource Title National Agen
Nationstar Mortgage Llc $372,100 Attorney
Hoyo Jorge L $45,000 --
Hoyo Jorge L $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Akalia $425,000
Previous Owner Linens And More Of The Florida Keys Llc $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2019 07/24/19 Sold $625,000 -7.4% $273 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
11/22/2018 11/22/18 For Sale $675,000 -- $295 / 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 $6,455 $701,670 -- --
2024 $6,455 $681,896 -- --
2023 $6,407 $662,035 $0 $0
2022 $6,288 $642,753 $0 $0
2021 $6,348 $624,033 $247,808 $376,225
2020 $6,856 $632,507 $247,808 $384,699
2019 $5,684 $619,658 $231,990 $387,668
2018 $4,645 $400,066 $179,799 $220,267
2017 $5,078 $459,937 $0 $0
2016 $4,904 $411,441 $0 $0
2015 $4,550 $386,569 $0 $0
2014 $4,243 $358,923 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 582920

Florida Keys Board of REALTORS®

APN: 00411810-000000