NOT LISTED FOR SALE

202 Bay St Islamorada, FL 33036

Estimated Value: $999,000 - $1,422,000

3 Beds
2 Baths
1,544 Sq Ft
$801/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $955,000 $619 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,349/month

77 Days on Market

Highlights

  • Furnished
  • Granite Countertops
  • Workshop
  • Plantation Key School Rated A-
  • No HOA
  • Stainless Steel Appliances

About This Home

As of February 2024

GROVE PARK GETAWAY - Welcome to your own slice of paradise! Nestled in the heart of Islamorada on Upper Matecumbe Key, this immaculate ranch-style home is your ticket to the ultimate Florida Keys lifestyle. Located in the coveted oceanside neighborhood of Grove Park, you'll enjoy the convenience of being able to walk to all the stores, restaurants & Morada Way Art & Cultural District on the same island. This ground-level 3 bedroom, 2 bathroom home was meticulously remodeled in 2006, ensuring modern comfort and style. Step inside to discover tile floors throughout, creating a cool and inviting atmosphere. The open floor plan allows for seamless flow and plenty of natural light. You'll love the sleek granite countertops in the kitchen and bathrooms, along with a kitchen island perfect for casual dining. Your private primary suite boasts French doors that open onto a screened side porch, perfect for al fresco dining or enjoying the tropical breeze. The primary bath offers a stand-alone tub, separate his-and-her vanities, tiled shower, private water closet plus a walk-in closet for your convenience. Outside, a sunny side yard provides ample space for a pool, and a separate storage barn offers room for your toys and tools. This corner lot property is surrounded by native trees, ensuring a high level of privacy. Offered fully furnished, this home is turnkey and ready for you to move in and start enjoying the Florida Keys lifestyle from day one. Don't miss the opportunity to make this your new home in paradise. With its ideal location and impeccable features, you'll fall in love at first sight. Schedule a showing today!

Last Agent to Sell the Property

Karan Moeller

Ocean Sotheby's International Realty License #0619230 Listed on: 10/25/2023

Ocean Sotheby's International Realty

Last Buyer's Agent

Sue Baker-batsford

Island Villa Properties Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,511

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 6,250 Sq Ft Lot
  • Fenced
  • Property is zoned R1 - Residential Single Family

Home Design

  • Metal Roof

Interior Spaces

  • 1,544 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • French Doors
  • Workshop
  • Storage
  • Tile Flooring
  • Impact Glass

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Screened Patio
  • Shed

Utilities

  • Central Air
  • Heating Available
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Grove Park Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00398150-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,511

Year Built

Built in 1961 | 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: None
  • Handicap Access: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 81.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5510.72
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, Off Street Parking, Guest Parking
  • Year Built: 1961
  • Alternate Key Number: 1490547
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6250.00
  • Porch Balcony: Screened Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1544.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Walk-in Closet(s), Storage, Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Workshop
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Shed
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: No
  • Flood Zone: X
  • Parcel Number: 00398150-000000
  • Lot Size: 50x125
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Feb 9, 2024
Sold by
Lipkin Kim
Bought by
Poppy On Bay Llc
Seller's Agent
Karan Moeller
Ocean Sotheby's International Realty
Buyer's Agent
Sue Baker-batsford
Island Villa Properties Inc
List Price
$1,175,000
Sold Price
$955,000
Premium/Discount to List
-$220,000
-18.72%
Views
72
Current Estimated Value
$1,237,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,195
Avg. Annual Appreciation
16.57%

Purchase Details

Closed on
Sep 22, 2017
Sold by
Lipkin Patricia
Bought by
Lipkin Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2013
Sold by
Lipkin Kim
Bought by
Lipkin Patricia

Purchase Details

Closed on
Dec 26, 2002
Sold by
Finney Samuel S and Finney Lynn M
Bought by
Lipkin Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,100
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 1996
Sold by
Lepree Michael and Lepree Vicki I
Bought by
Finney Samuel S and Finney Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1988
Bought by
Lipkin Patricia

Purchase Details

Closed on
Jul 1, 1984
Bought by
Lipkin Patricia

Purchase Details

Closed on
Nov 1, 1978
Bought by
Lipkin Patricia
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
Poppy On Bay Llc $955,000 Coral Reef Title
Lipkin Kim -- Attorney
Lipkin Patricia -- Attorney
Lipkin Kim $299,000 Coral Reef Title Company
Finney Samuel S $107,500 --
Lipkin Patricia $80,000 --
Lipkin Patricia $65,000 --
Lipkin Patricia $41,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lipkin Kim $307,500
Previous Owner Lipkin Kim $365,800
Previous Owner Lipkin Kim $269,100
Previous Owner Finney Samuel S $73,900
Previous Owner Finney Samuel S $117,900
Previous Owner Finney Samuel S $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $955,000 -2.1% $619 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
01/08/2024 01/08/24 Price Changed $975,000 -9.3% $631 / Sq Ft
01/05/2024 01/05/24 Price Changed $1,075,000 -8.5% $696 / Sq Ft
10/25/2023 10/25/23 For Sale $1,175,000 -- $761 / 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 $6,196 $789,733 $472,500 $317,233
2023 $6,196 $704,653 $459,375 $245,278
2022 $5,511 $549,417 $298,594 $250,823
2021 $5,020 $419,244 $196,875 $222,369
2020 $4,807 $421,684 $196,875 $224,809
2019 $4,400 $344,815 $183,750 $161,065
2018 $4,342 $343,142 $182,000 $161,142
2017 $4,150 $345,584 $0 $0
2016 $4,041 $314,506 $0 $0
2015 $3,643 $268,624 $0 $0
2014 $4,179 $320,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 607159

Florida Keys Board of REALTORS®

APN: 00398150-000000