NOT LISTED FOR SALE

183 Star Ln Key West, FL 33040

Estimated Value: $1,257,000 - $1,545,000

2 Beds
2 Baths
1,302 Sq Ft
$1,112/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $1,200,000 $922 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,222/month

148 Days on Market

Highlights

  • Ocean Front
  • Dock made with concrete
  • Granite Countertops
  • Boat Ramp
  • Boat Lift
  • No HOA

About This Home

As of May 2023

Recent Price Improvement on Stunning Open Water Views and unbeatable boating in desirable Tamarac Park neighborhood! With an enviable 95 ft of sea wall boasting a 7K boat lift, this home is an angler's dream! Inside, the sizeable kitchen is equipped with stainless steel appliances, immense kitchen island, and customizable built-in storage area. The expansive private back patio offers unrivaled panoramic Ocean Views. The open layout lends itself to entertaining, guests can appreciate the majestic views of the water from anywhere in the common area. This modern home features tile throughout, high ceilings, tall interior doors, and new in 2021 Trane central HVAC with a 10-year warranty. Storage and utility abound, including two large pantries, full upstairs laundry, and additional space beneath the home. Built to withstand the test of time, structural features include impact windows, Trex decking, and Hardi board siding. Proximity to bike paths, neighborhood boat ramp, and delectable dining options; this home is a destination for living the ultimate Keys lifestyle. Just minutes to all the action in Key West, but nestled within a quiet and tranquil neighborhood, offering the best of both worlds. Don't miss the chance to tour this island paradise retreat!

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 11/25/2022

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Austin Kimbler

Keller Williams Key West Compass Realty License #3454100

Keller Williams Key West Compass Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,959

Year Built

  • Built in 2014

Lot Details

  • 6,588 Sq Ft Lot
  • Ocean Front
  • Property is zoned URM - Urban Res Mobile Home District

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,302 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Ocean Views
  • Impact Glass
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Seawall
  • Boat Lift
  • Dock made with concrete
  • Balcony
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00147016-000100

Community Details

Overview

  • No Home Owners Association
  • Tamarac Park No 1 Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,959

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 95
  • Dockage Seawall: Concrete
  • Document Count: 2
  • Fee Includes: None
  • 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
  • Neighborhood Feature: Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3958.82
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, Trailer Storage
  • Year Built: 2014
  • Alternate Key Number: 1188441
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6588.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1302.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Rain Gutters, Storage
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,VE
  • Parcel Number: 00147016-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
May 10, 2023
Sold by
Pica Stephen M and Pica Judith A
Bought by
Kaznatt Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Austin Kimbler
Keller Williams Key West Compass Realty
List Price
$1,499,000
Sold Price
$1,200,000
Premium/Discount to List
-$299,000
-19.95%
Views
398
Current Estimated Value
$1,448,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,402
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
Mar 17, 2011
Sold by
Murphy Robert R
Bought by
Pica Stephen M and Pica Judith A

Purchase Details

Closed on
Nov 30, 1994
Sold by
Marsh Roger F and Marsh Patricia M
Bought by
Murphy Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.01%

Purchase Details

Closed on
Sep 1, 1989
Bought by
Pica Stephen M and Pica Judith A

Purchase Details

Closed on
Feb 1, 1974
Bought by
Pica Stephen M and Pica Judith A
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
Kaznatt Llc $1,200,000 None Listed On Document
Pica Stephen M $290,000 None Available
Murphy Robert R $126,500 --
Pica Stephen M $150,000 --
Pica Stephen M $11,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Robert R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2023 05/10/23 Sold $1,200,000 -4.0% $922 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
03/26/2023 03/26/23 Price Changed $1,250,000 -3.8% $960 / Sq Ft
03/14/2023 03/14/23 Price Changed $1,299,900 -7.1% $998 / Sq Ft
02/27/2023 02/27/23 Price Changed $1,399,000 -6.7% $1,075 / Sq Ft
11/25/2022 11/25/22 For Sale $1,499,000 -- $1,151 / Sq Ft
Source: Marathon and Lower Keys 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 $3,964 $1,006,116 $619,008 $387,108
2023 $3,964 $455,940 $0 $0
2022 $3,852 $442,661 $0 $0
2021 $3,959 $429,768 $0 $0
2020 $3,937 $423,835 $0 $0
2019 $3,860 $414,306 $0 $0
2018 $3,880 $406,581 $0 $0
2017 $3,765 $398,219 $0 $0
2016 $3,789 $390,029 $0 $0
2015 $3,902 $387,318 $0 $0
2014 $2,756 $239,285 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 603203

APN: 00147016-000100