NOT LISTED FOR SALE

Estimated Value: $600,000 - $1,123,000

0.34 Acre
$2,428,006 Price per Acre
14,789 Sq Ft Lot

Last Sold April 03, 2018

Last sale price $330,000

Est. 150% increase in value since last sale

Current estimated payment $5,058/month

17 Days on Market

Highlights

  • Beach
  • Tennis Courts
  • 14,789 Sq Ft lot
  • Property fronts gulf or ocean
  • Bay View
  • 1-minute walk to The Park

About This Lot

As of April 2018

Shark Key Spectacular, Unspoiled and Private...Open Water Lot! Gorgeous Views of the Sunrise, located across from the swimming lagoon. The stunning water vistas provide a timeless backdrop to Build your Signature Estate on this 14,789.07 square foot lot Zone AE with 116 Feet of waterfront property. Shark Key is a gated community, minutes from Key West that boasts two miles of shoreline, lush foliage, sparkling lagoons and some of the most exquisite waterfront homes. Enjoy the luxury of Shark Key's Caribbean Island Ambiance and it's amenities: Inland Swimming Lagoon & Beach, Two Tennis courts and Club House for your enjoyment. Shark Key Homeowners Association is a mandatory association.

Last Agent to Sell the Property

Joanne Allen

Berkshire Hathaway HomeServices Knight & Gardner Realty License #655511 Listed on: 02/01/2018

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Joanne Allen

Lands End Realty of Key West (KW)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,201

Lot Details

  • 0.34 Acre Lot
  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Property is zoned SR - Sub Urban Residential District

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • Electric Gate

Property Views

  • Bay Views

Listing and Financial Details

  • Assessor Parcel Number 00159252-006400

Community Details

Overview

  • Shark Key Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Beach
  • Tennis Courts
  • Tennis Courts

Property Details

Property Type

Land

Est. Annual Taxes

$2,201

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 2
  • Document Count: 1
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Shark Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 11.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Beach, Fire Hydrant, Tennis Courts
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2200.52
  • Title: Negotiable
  • Alternate Key Number: 8737246
  • Lot Sq Ft: 14789.07
  • First Right of Refusal: No
  • Association Fee: 400.00
  • Association Maintenance Fee Per: Monthly
  • Mandatory HOA: Yes
  • Existing Utilities: Street Lights
  • Location Site: Paved Street, Water Frontage
  • Miscellaneous Info Mobile Home Lot: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: Bay Front, Open Water, Gulf Front
  • Waterfront: Yes
  • Waterview: Open Water View, Bay View

Utilities

  • Security: Electric Gate

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00159252-006400
  • Land Size: 1/4 - 1/2 Acre

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 5, 2018
Sold by
Schnegelberger Jeffrey A and Schnegelberger Kristine M
Bought by
Hainline David S and Hainline Kim M
Seller's Agent
Joanne Allen
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Joanne Allen
Lands End Realty of Key West (KW)
List Price
$340,000
Sold Price
$330,000
Premium/Discount to List
-$10,000
-2.94%
Total Days on Market
17
Current Estimated Value
$824,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,333
Avg. Annual Appreciation
13.54%

Purchase Details

Closed on
Mar 15, 2004
Sold by
Crompton Scott C and Crompton Sue A
Bought by
Us One Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2002
Sold by
Trigg Dawn F C
Bought by
Crompton Scott G and Crompton Sue A

Purchase Details

Closed on
Oct 1, 1991
Bought by
Schnegelberger Jeffrey A
Source: Public Records

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Range of Values:

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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
Hainline David S $330,000 First International Title
Us One Enterprises Inc $395,000 Chicago Title Of The Florida
Crompton Scott G $142,000 --
Schnegelberger Jeffrey A $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner U S One Enterprises Inc $1,760,000
Previous Owner Us One Enterprises Inc $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2018 04/03/18 Sold $330,000 -2.9% --
02/18/2018 02/18/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $340,000 +9.7% --
08/31/2016 08/31/16 Sold $310,000 0.0% --
08/16/2016 08/16/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $310,000 -- --
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 $3,394 $508,039 $508,039 --
2023 $3,394 $437,356 $437,356 $0
2022 $3,411 $503,622 $503,622 $0
2021 $2,888 $318,077 $318,077 $0
2020 $2,647 $287,153 $287,153 $0
2019 $2,913 $314,543 $314,543 $0
2018 $3,133 $360,487 $360,487 $0
2017 $2,676 $282,735 $0 $0
2016 $2,201 $225,617 $0 $0
2015 $2,875 $313,749 $0 $0
2014 $2,833 $313,749 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578743

Florida Keys Board of REALTORS®

APN: 00159252-006400