NOT LISTED FOR SALE

221 5th St Key Largo, FL 33037

Estimated Value: $845,925 - $895,000

2 Beds
2 Baths
900 Sq Ft
$959/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $592,750 $659 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,320/month

43 Days on Market

Highlights

  • Beach
  • Dock made with wood
  • Furnished
  • Coral Shores High School Rated A
  • Home fronts a canal
  • Quartz Countertops

About This Home

As of April 2021

ADORABLE CANAL FRONT REMODELED HALF DUPLEX WITH LARGE SCREENED PORCH, CARPORT AND 35..8 feet of step-down dockage, 30 Amp service and water at the dock. Plenty of room for a pool. Plantation shutters in living room and main bedroom , quartz counters and stainless appliances. Laundry in carport and extra storage. Just around the corner from the Cabana Club, convenient KCB location.In active vacation rental program so please allow time for scheduling. Agent related to seller.

Last Agent to Sell the Property

Lynn Goodwin, P.a.

Key Colony Beach Realty Listed on: 02/11/2021

Co-Listed By

AIMEE KORNETTI

Coldwell Banker Schmitt Real Estate Co. License #3144819

Last Buyer's Agent

Lynn Goodwin

Coldwell Banker Schmitt Real Estate Co. License #471296

Coldwell Banker Schmitt Real Estate Co.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,255

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 3,905 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence

Home Design

  • Half Duplex

Interior Spaces

  • 900 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Awning
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Guest Parking

Outdoor Features

  • Dock made with wood
  • Screened Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00073690-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision

Recreation

  • Beach
  • Tennis Courts

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,255

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Wood
  • Dockage Dock Length: 358
  • Document Count: 3
  • Fee Includes: None
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4255.21
  • Title: Negotiable
  • Vehicle Storage: Carport, Guest Parking
  • Year Built: 1970
  • Alternate Key Number: 1077780
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless
  • Lot Sq Ft: 3905.00
  • Porch Balcony: Patio, Screened P/B
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 900.00
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Built-in Cabinets, Quartz Countertops, Window Treatments, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Microwave, Freezer, Dryer
  • Floor: Tile
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors, Awning Windows
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence, Storage
  • Roof: Other Roof
  • Waterview: Canal View

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE 6
  • Parcel Number: 00073690-000000
  • Lot Size: 35 x 110
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Apr 6, 2021
Sold by
Padgett James T
Bought by
Keller Michael and Keller Jennifer
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
List Price
$624,000
Sold Price
$592,750
Premium/Discount to List
-$31,250
-5.01%
Total Days on Market
43
Current Estimated Value
$862,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,231
Avg. Annual Appreciation
9.31%
Original Mortgage
$442,750
Outstanding Balance
$342,802
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$522,431

Purchase Details

Listed on
Nov 15, 2018
Closed on
Apr 11, 2019
Sold by
Joseph John P
Bought by
Padgett James T
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
List Price
$469,900
Sold Price
$455,000
Premium/Discount to List
-$14,900
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.92%
Original Mortgage
$130,000
Interest Rate
4.3%
Mortgage Type
Balloon

Purchase Details

Listed on
Nov 15, 2018
Closed on
Mar 28, 2019
Sold by
Joseph John P
Bought by
Padgett James T
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
List Price
$469,900
Sold Price
$455,000
Premium/Discount to List
-$14,900
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.3%
Mortgage Type
Balloon

Purchase Details

Listed on
Nov 15, 2018
Closed on
Mar 22, 2019
Sold by
Joseph Paul G and Joseph John P
Bought by
Padgett James T
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
List Price
$469,900
Sold Price
$455,000
Premium/Discount to List
-$14,900
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.3%
Mortgage Type
Balloon

Purchase Details

Closed on
May 21, 2010
Sold by
Joseph Andrea P
Bought by
Joseph Patricia Ann

Purchase Details

Closed on
Jan 25, 1999
Sold by
Cerchio Gennaro F and Cerchio Michael J
Bought by
Joseph-Becker T Patricia A and Joseph John P
Source: Public Records

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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
Keller Michael $592,750 Attorney
Padgett James T $455,000 None Listed On Document
Padgett James T $455,000 None Listed On Document
Padgett James T $455,000 Attorney
Joseph Patricia Ann $32,500 Attorney
Joseph-Becker T Patricia A $137,000 --
Cerchio Gennaro F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keller Michael $442,750
Previous Owner Padgett James T $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $592,750 -5.0% $659 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $624,000 +37.1% $693 / Sq Ft
03/29/2019 03/29/19 Sold $455,000 -3.2% $506 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
11/15/2018 11/15/18 For Sale $469,900 -- $522 / 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 $6,929 $848,341 $638,936 $209,405
2023 $6,929 $762,087 $558,571 $203,516
2022 $5,928 $567,648 $359,885 $207,763
2021 $4,798 $449,938 $254,918 $195,020
2020 $4,187 $385,163 $243,672 $141,491
2019 $4,255 $392,183 $248,749 $143,434
2018 $4,186 $401,529 $247,489 $154,040
2017 $4,058 $413,021 $0 $0
2016 $3,945 $395,637 $0 $0
2015 $3,527 $327,927 $0 $0
2014 $3,373 $312,285 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594628

Florida Keys Board of REALTORS®

APN: 00073690-000000