NOT LISTED FOR SALE

161 Venetian Way Islamorada, FL 33036

Estimated Value: $1,594,000 - $1,910,000

3 Beds
2 Baths
2,309 Sq Ft
$730/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $910,000 $394 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $10,887/month

61 Days on Market

Highlights

  • Newly Remodeled
  • In Ground Pool
  • RV Parking in Community
  • Plantation Key School Rated A-
  • RV or Boat Parking
  • 1-minute walk to Founders Park

About This Home

As of January 2021

Your Islamorada Keys Retreat Awaits in Venetian Shores at mile marker 86 on the bayside. This newly constructed ground level home has all of the charm of a Keys Retreat. Offering 3 bedrooms with a split floor plan, 2 full baths and a large open living room, dining room, and kitchen with a huge center island. No worries about parking your vehicles or storing your water toys either with the 806 S Ft 3 car garage with finished floors. The back patio and pool area offers you a great outdoor space to relax and unwind at the end of the day. For more information, please contact your local Keys Agent! This may just be the piece of paradise you've been looking for!

Last Agent to Sell the Property

Jamie Engel

Coldwell Banker Schmitt Islamorada License #3125869 Listed on: 11/20/2020

Coldwell Banker Schmitt Islamorada

Last Buyer's Agent

Carolyn Ambler

American Caribbean Real Estate, Christie's International Real Estate License #3074981

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,544

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.25 Acre Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned R1 - Residential Single Family

Home Design

  • Metal Roof

Interior Spaces

  • 2,309 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Venetian Shores Subdivision
  • Rental Restrictions
  • RV Parking in Community

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00410502-010350

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,544

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 150.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Document Count: 4
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 86.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7543.77
  • Title: Title Ins - Buyer
  • Vehicle Storage: Garage, Off Street Parking, RV Parking Open
  • Year Built: 2018
  • Alternate Key Number: 1503193
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 10955.00
  • Pool Info: In Ground
  • Porch Balcony: Deck, Patio
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2309.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: New Construction
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Quartz Countertops, Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: Canal Front, Plugged Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00410502-010350
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.25

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jan 26, 2021
Sold by
Pardo Joseph E and Pardo Kellie S
Bought by
Sullivan Patrick J and Leshane Patricia R
Seller's Agent
Jamie Engel
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Carolyn Ambler
American Caribbean Real Estate, Christie's International Real Estate
List Price
$925,000
Sold Price
$910,000
Premium/Discount to List
-$15,000
-1.62%
Current Estimated Value
$1,791,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$881,691
Avg. Annual Appreciation
15.72%
Original Mortgage
$608,350
Outstanding Balance
$550,018
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$1,212,888

Purchase Details

Listed on
Mar 6, 2014
Closed on
Apr 1, 2015
Sold by
Galeani John J
Bought by
Pardo Joseph E and Pardo Kellie S
Seller's Agent
Jamie Engel
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Jamie Engel
Coldwell Banker Schmitt Islamorada
List Price
$149,000
Sold Price
$110,000
Premium/Discount to List
-$39,000
-26.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.68%

Purchase Details

Closed on
Sep 19, 2013
Sold by
Falinski Joseph and Falinski Sharon
Bought by
Galeani John J

Purchase Details

Closed on
Jun 30, 2008
Sold by
Cnc Developers Llc
Bought by
Falinski Joseph and Falinski Sharon

Purchase Details

Closed on
Apr 17, 2003
Sold by
Marrero Julio
Bought by
Cnc Developers Llc

Purchase Details

Closed on
Sep 13, 2001
Bought by
Pardo Joseph E and Pardo Kellie S

Purchase Details

Closed on
May 1, 1991
Bought by
Pardo Joseph E and Pardo Kellie S

Purchase Details

Closed on
Oct 1, 1990
Bought by
Pardo Joseph E and Pardo Kellie S
Source: Public Records

Range of Values:

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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
Sullivan Patrick J $910,000 Attorney
Pardo Joseph E $110,000 Coastal Title & Closing Svcs
Galeani John J $105,000 Sunshine Title Of The Keys I
Falinski Joseph $147,000 Dba Fl Title Of The Keys
Cnc Developers Llc $65,000 Florida Title Of The Keys In
Pardo Joseph E $32,000 --
Pardo Joseph E $28,500 --
Pardo Joseph E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Patrick J $608,350
Previous Owner Cnc Developers Llc $125,000
Previous Owner Cnc Developers Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $910,000 -1.6% $394 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $925,000 +740.9% $401 / Sq Ft
04/01/2015 04/01/15 Sold $110,000 -26.2% $48 / Sq Ft
03/12/2015 03/12/15 Pending -- -- --
03/06/2014 03/06/14 For Sale $149,000 -- $65 / 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
2024 $11,898 $1,332,446 $792,923 $539,523
2023 $11,898 $1,268,684 $750,746 $517,938
2022 $10,728 $1,057,101 $539,862 $517,239
2021 $7,952 $764,085 $0 $0
2020 $7,471 $710,997 $288,911 $422,086
2019 $7,544 $705,135 $278,367 $426,768
2018 $2,455 $156,400 $147,619 $8,781
2017 $1,811 $134,966 $0 $0
2016 $1,884 $134,142 $0 $0
2015 $1,920 $140,430 $0 $0
2014 $2,108 $157,197 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593426

Florida Keys Board of REALTORS®

APN: 00410502-010350