$925,000
SOLD DEC 29, 2016

179 Venetian Way Islamorada, FL 33036

4 Beds
3.5 Baths
2,006 Sq Ft
0.73 Acres

Recently Sold

$461 Per Sq Ft

5% Below List Price

59 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Gulf View
  • Cathedral Ceiling
  • Plantation Key School Rated A-
  • RV Parking in Community
  • 1-minute walk to Founders Park

About This Home

As of May 2021

Open Bay View Venetian Shores home on an expansive waterfront parcel. This Key West style home sits on a nearly 3/4 acre lot by the open bay and is ready for you to enjoy bay breezes and beautiful sunsets. Spacious 4 bed/3.5 bath home offers a fireplace, garage, separate downstairs guest quarters and a sprawling private yard. Must see! Boat slips may be available to rent in marina. Call now!

Last Agent to Sell the Property

Margo Newman

Coldwell Banker Schmitt Islamorada License #0153708

Coldwell Banker Schmitt Islamorada

Co-Listed By

Brett Newman

Coldwell Banker Schmitt Islamorada License #555709

Last Buyer's Agent

Pierre Bellion

Ocean Sotheby's International Realty License #3301978

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,276

Year Built

  • Built in 1998

Lot Details

  • 0.73 Acre Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • Gulf
  • Canal

Home Design

  • Widow's Walk
  • Split Level Home
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,006 Sq Ft Home
  • Cathedral Ceiling
  • Fireplace
  • Storage
  • Laundry Room
  • Wood Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

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

Utilities

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

Additional Features

  • Balcony
  • Trailer Storage

Community Details

  • Venetian Shores Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Minimum Rental Period: 29
  • Assessor Parcel Number 00410502-010420

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,276

Year Built

Built in 1998

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Association Fee: 150.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Document Count: 2
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 86.00
  • Min Rental Days: 29.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 8276.23
  • Title: Title Ins - Buyer
  • Vehicle Storage: Attached, RV Parking Open, Trailer Storage, Off Street Parking, Open Parking, Guest Parking, Garage
  • Year Built: 1998
  • Alternate Key Number: 1503266
  • Building Style: Split Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 31740.00
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck, Widow's Walk
  • Association Maintenance Fee Per: Yearly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2006.00
  • Sewer Hook Up: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage, Fireplace(s)
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Oven, Refrigerator, Range
  • Floor: Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 4
  • Sq Ft Remarks: approximate

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Bay Front, Plugged Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View, Canal View
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE
  • Parcel Number: 00410502-010420
  • Lot Size: 231 x 160 x 136 x 204 irregular approx.
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.73

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
May 19, 2021
Sold by
Poirier Laurence and Hall Keith
Bought by
Labs Donald Herbert and Labs Patti Alma
Seller's Agent
Pierre Bellion
Ocean Sotheby's International Realty
Buyer's Agent
Pierre Bellion
Ocean Sotheby's International Realty
List Price
$1,950,000
Sold Price
$1,700,000
Premium/Discount to List
-$250,000
-12.82%
Total Days on Market
59
Current Estimated Value
$2,566,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$866,549
Avg. Annual Appreciation
10.90%
Original Mortgage
$1,360,000
Outstanding Balance
$1,248,099
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,318,450

Purchase Details

Closed on
Nov 6, 2020
Sold by
Laurence Poirier
Bought by
Hall-Poirier Family Trust

Purchase Details

Listed on
Sep 23, 2016
Closed on
Dec 29, 2016
Sold by
Keys Island Properties Llc
Bought by
Hall Keth and Poirier Laurence
Seller's Agent
Margo Newman
Coldwell Banker Schmitt Islamorada
Buyer's Agent
Pierre Bellion
Ocean Sotheby's International Realty
List Price
$975,000
Sold Price
$925,000
Premium/Discount to List
-$50,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.97%

Purchase Details

Closed on
Feb 2, 2012
Sold by
Mckinney John
Bought by
Keys Island Properties Llc

Purchase Details

Closed on
Jan 18, 2012
Sold by
Mckinney John
Bought by
Keys Island Properties Llc

Purchase Details

Closed on
Feb 28, 2007
Sold by
Windley Key Mobile Home Park Homeowners
Bought by
Kasprisin Jerry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$895,000
Interest Rate
6.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 6, 2006
Sold by
Mckinney John and Mckinney Kimberly
Bought by
Mckinney John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 6, 1997
Sold by
Tirrell & Bruni Inc
Bought by
Liptak William and Liptak Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1997
Bought by
Keys Island Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.9%
Mortgage Type
New Conventional

Map

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 Type Sale Price Title Company
Deed $1,700,000 Coral Reef Title Company
Deed -- Woods Tom
Deed -- None Listed On Document
Warranty Deed $925,000 Coral Reef Title Co
Trustee Deed -- None Available
Trustee Deed -- None Available
Warranty Deed $672,500 Dba Florida Title Of The Key
Interfamily Deed Transfer -- None Available
Warranty Deed $65,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,360,000 New Conventional
Previous Owner $595,000 No Value Available
Previous Owner $595,000 New Conventional
Previous Owner $250,000 No Value Available
Previous Owner $250,000 Credit Line Revolving
Previous Owner $250,000 New Conventional
Previous Owner $895,000 Unknown
Previous Owner $1,400,000 Unknown
Previous Owner $2,100,000 Fannie Mae Freddie Mac
Previous Owner $75,000 New Conventional
Previous Owner $220,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $1,700,000 -8.1% $684 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
02/14/2021 02/14/21 Price Changed $1,850,000 -5.1% $744 / Sq Ft
01/08/2021 01/08/21 For Sale $1,950,000 +110.8% $784 / Sq Ft
12/29/2016 12/29/16 Sold $925,000 -5.1% $461 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $975,000 -- $486 / Sq Ft
Source: Florida Keys Board 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
2024 $18,755 $2,265,923 $1,681,236 $584,687
2023 $18,755 $2,141,584 $1,591,809 $549,775
2022 $16,565 $1,693,626 $1,144,671 $548,955
2021 $9,209 $894,762 $0 $0
2020 $9,127 $882,409 $532,677 $349,732
2019 $9,143 $867,292 $513,236 $354,056
2018 $8,948 $853,249 $0 $0
2017 $8,600 $835,700 $0 $0
2016 $8,691 $756,656 $0 $0
2015 $8,276 $749,763 $0 $0
2014 $7,569 $654,680 $0 $0
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 572095

Florida Keys Board of REALTORS®

APN: 00410502-010420