$455,000
SOLD MAR 29, 2019

221 5th St Key Largo, FL 33037

2 Beds
2 Baths
900 Sq Ft
3,905 Sq Ft Lot

Recently Sold

$506 Per Sq Ft

3% Below List Price

111 Days on Market

Highlights

  • Dock made with wood
  • Home fronts a canal
  • No HOA
  • Coral Shores High School Rated A
  • Shotgun Architecture
  • Screened Balcony

About This Home

As of April 2021

ABOVE CURRENT FLOOD LEVEL, HALF DUPLEX WITH LARGE SCREENED PORCH , 2 BED 2 BATH WITH CENTER HALLWAY, CARPORT AND NICE YARD, PLUS 35.8 FEET OF CANAL DOCKAGE. VERY COMFORTABLE LAY-OUT. This unit has been a long term rental, and could be used as Vacation rental, long term rental, or permanent residence.

Last Agent to Sell the Property

Lynn Goodwin, P.a.

Key Colony Beach Realty

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

  • $3,606

Year Built

  • Built in 1970

Lot Details

  • 3,905 Sq Ft Lot
  • Home fronts a canal
  • Fenced

Home Design

  • Half Duplex
  • Shotgun Architecture
  • Tar and Gravel Roof

Interior Spaces

  • 900 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Sliding Doors
  • Utility Room
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Dock made with wood
  • Screened Balcony

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • 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

  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,606

Year Built

Built in 1970

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: 35
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Other Area Features, Tennis Courts
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3606.50
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1970
  • Alternate Key Number: 1077780
  • Building Style: Ground Level, Shotgun
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 3905.00
  • Porch Balcony: Screened P/B
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 900.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Washer, Refrigerator, Range, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Utility Room
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors, Awning Windows
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00073690-000000
  • Lot Size: 35.8 x 110
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

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
111
Current Estimated Value
$865,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,483
Avg. Annual Appreciation
10.94%
Original Mortgage
$442,750
Outstanding Balance
$342,802
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$563,658

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

Map

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 Type Sale Price Title Company
Warranty Deed $592,750 Attorney
Warranty Deed $455,000 None Listed On Document
Warranty Deed $455,000 None Listed On Document
Warranty Deed $455,000 Attorney
Warranty Deed $32,500 Attorney
Warranty Deed $137,000 --
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $442,750 New Conventional
Previous Owner $130,000 Balloon
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

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

Source: Florida Keys Board of REALTORS®

MLS Number: 583025

Florida Keys Board of REALTORS®

APN: 00073690-000000