NOT LISTED FOR SALE

198 Plantation Ave Tavernier, FL 33070

Estimated Value: $1,505,000 - $1,813,000

3 Beds
3 Baths
1,875 Sq Ft
$884/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $1,450,000 $773 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,306/month

89 Days on Market

Highlights

  • Dock made with concrete
  • Gulf View
  • Deck
  • Plantation Key School Rated A-
  • Home fronts a canal
  • 1-minute walk to Old Settler's Park

About This Home

As of August 2023

Everyone is always asking for a fixer upper in an A+ location, well here you go! As we all know, location is everything and this one fits the bill with it's bay views, and situated on a 175' wide section of the canal. Perfect layout with high ceilings to use as your blank canvas with 2 bedrooms/2 bathrooms on the second floor and an interior staircase to the 1 bedroom/1 bathroom on the first floor. Exposed wood beams and tongue and groove ceilings give this home plenty of personality. Adding to the character is a cut-in boat slip and 70' of canal frontage with a concrete dock. Room for a pool and tons of parking. Why pay for someone else's renovations in a lesser location when you can put your own stamp on this one!

Last Agent to Sell the Property

AJ Vetter

Palm House Real Estate License #3296730 Listed on: 05/18/2023

Last Buyer's Agent

Alina Davis

Coldwell Banker Schmitt Islamorada License #3216995

Coldwell Banker Schmitt Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,281

Year Built

  • Built in 1979

Lot Details

  • 7,700 Sq Ft Lot
  • Home fronts a canal

Parking

  • Carport

Property Views

  • Gulf
  • Canal

Home Design

  • Frame Construction

Interior Spaces

  • 1,875 Sq Ft Home
  • Workshop

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock made with concrete
  • Balcony
  • Deck

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Sunshine Estates Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00435700-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,281

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 6
  • Dockage Dock: Concrete
  • Dockage Dock Length: 70
  • Fee Includes: None
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 90.50
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3281.10
  • Vehicle Storage: Carport
  • Year Built: 1979
  • Alternate Key Number: 1533505
  • Lot Sq Ft: 7700.00
  • Porch Balcony: Open Porch/Balcony, Deck
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1875.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Dade County Pine
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Specialty Rooms: Workshop
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Waterview: Bay/Gulf View, Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00435700-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Aug 28, 2023
Sold by
Conrad Muhly and Conrad Melissa Muhly
Bought by
Herrera Rene and Herrera Christina P
Seller's Agent
AJ Vetter
Palm House Real Estate
Buyer's Agent
Alina Davis
Coldwell Banker Schmitt Islamorada
List Price
$1,599,000
Sold Price
$1,450,000
Premium/Discount to List
-$149,000
-9.32%
Views
124
Current Estimated Value
$1,656,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,828
Avg. Annual Appreciation
6.89%
Original Mortgage
$1,087,500
Outstanding Balance
$1,064,834
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$591,994

Purchase Details

Listed on
Apr 19, 2023
Closed on
Apr 20, 2023
Sold by
Sommer Mitchell F and Sommer Yvonne M
Bought by
Conrad Muhly Iv And Melissa Muhly Revocable L
Seller's Agent
Kelsey Caputo
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Kelsey Caputo
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.41%

Purchase Details

Closed on
Oct 1, 1979
Bought by
Sommer Mitchell F and Sommer Yvonne M
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
Herrera Rene $1,450,000 None Listed On Document
Conrad Muhly Iv And Melissa Muhly Revocable L $1,100,000 Coral Reef Title
Sommer Mitchell F $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Rene $1,087,500
Previous Owner Sommer Mitchell F $47,700
Previous Owner Sommer Yvonne M $69,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $1,450,000 -9.3% $773 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $1,599,000 +45.4% $853 / Sq Ft
04/20/2023 04/20/23 Sold $1,100,000 0.0% $880 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $1,100,000 -- $880 / 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 $3,337 $1,432,492 $1,209,516 $222,976
2023 $3,337 $302,816 $0 $0
2022 $3,281 $293,997 $0 $0
2021 $3,282 $285,434 $0 $0
2020 $3,256 $281,494 $0 $0
2019 $3,239 $275,166 $0 $0
2018 $3,152 $270,036 $0 $0
2017 $3,036 $264,482 $0 $0
2016 $3,113 $259,043 $0 $0
2015 $3,052 $257,242 $0 $0
2014 $3,031 $255,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 605341

Florida Keys Board of REALTORS®

APN: 00435700-000000