NOT LISTED FOR SALE

229 Tollgate Blvd Islamorada, FL 33036

Estimated Value: $2,282,000 - $3,433,000

7 Beds
6 Baths
2,709 Sq Ft
$1,097/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $1,460,000 $539 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $17,426/month

3 Days on Market

Highlights

  • Boat Lift
  • Home fronts a canal
  • Marble Flooring
  • Plantation Key School Rated A-
  • Deck
  • Complete Accordion Shutters

About This Home

As of December 2020

Huge waterfront pool home on Lower Matecumbe! 7 beds, 6 full baths, 3 stories, 4143 sf w/1200 sf of covered porch. Ground floor: 3 beds, 2 baths, living area & kitchenette. 2nd floor: main living area, kitchen, dining, family, master & bed & bath. 3rd floor: 2 suites, 2 baths, accessible via spiral staircase. Fenced backyard, lap pool, lighted 90' seawall with dock, boat lifts, davits & water.

Last Agent to Sell the Property

Cliff Glansen

FlatFee.com License #1017092 Listed on: 10/23/2020

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

  • $12,612

Year Built

  • Built in 1983

Lot Details

  • 9,910 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $18 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,709 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Bar
  • Ceiling Fan
  • Casement Windows
  • Sliding Doors
  • Entrance Foyer
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Davits
  • Boat Lift
  • Deck
  • Exterior Lighting

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • Toll Gate Shores Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00390520-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,612

Year Built

Built in 1983

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Association Fee: 220.00
  • Mandatory HOA: Yes
  • Control Depth: 5
  • Dockage Dock: Other
  • Dockage Seawall: Other
  • Fee Includes: None
  • Key Island: Lower Matecumbe
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 73.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 12612.49
  • Vehicle Storage: Attached, Garage, Auto Door Opener
  • Vehicle Storage Cars: 2
  • Year Built: 1983
  • Alternate Key Number: 1478849
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 9910.00
  • Porch Balcony: Deck
  • Association Maintenance Fee Per: Yearly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2709.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Bar, Smoke Alarms, Window Treatments, Wet Bar, Walk-in Closet(s), Elevator, Entrance Foyer
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Appliances: Dishwasher, Range, Washer, Trash Compactor, Refrigerator, Microwave, Dryer, Disposal
  • Floor: Carpet, Wood, Tile, Marble
  • Windows/Doors: Casement, Sliding Glass Doors
  • Total Bedrooms: 7

Exterior Features

  • Dockage: Boat Lift, Davits
  • Waterfront: Canal Front, Open Water
  • Waterfront: Yes
  • Construction: CBS, Other, Frame, Concrete
  • Exterior Features: Fencing, Outdoor Shower, Privacy Wall/Fence, Lighting
  • Roof: Metal Roof
  • Waterview: Canal View, Open Water View

Utilities

  • Utilities: Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00390520-000000
  • Lot Size: 90 x 110
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.22

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 11, 2020
Sold by
Wasula Stephen Michael and Wasula Carolyn
Bought by
Revuelta Luis O and Segre Charlotte A
Seller's Agent
Cliff Glansen
FlatFee.com
Buyer's Agent
Alina Davis
Coldwell Banker Schmitt Islamorada
List Price
$1,475,000
Sold Price
$1,460,000
Premium/Discount to List
-$15,000
-1.02%
Current Estimated Value
$2,972,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,512,178
Avg. Annual Appreciation
16.18%

Purchase Details

Listed on
Jun 24, 2014
Closed on
Aug 2, 2016
Sold by
Pike Joseph A and Pike Therese A
Bought by
Wasula Stephen Micheael and Wasula Carolyn
Seller's Agent
Keith Allen
Century 21 Circle- Islamorada
Buyer's Agent
Caitlin McKinney
Coldwell Banker Schmitt Real Estate Co.
List Price
$1,735,000
Sold Price
$1,437,000
Premium/Discount to List
-$298,000
-17.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.36%
Original Mortgage
$1,149,600
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2004
Sold by
Dolan Patrick D and Dolan Joy Lee
Bought by
Pike Joseph A and Pike Therese A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 19, 1999
Sold by
Arne Klendshoj
Bought by
Dolan Patrick D and Dolan Joy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 1993
Sold by
Klendshoej Arne and Klendshoj Shirley J
Bought by
Consumers Sav Bk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
7.39%

Purchase Details

Closed on
Aug 1, 1992
Bought by
Wasula Stephen Michael and Wasula Carolyln

Purchase Details

Closed on
Apr 1, 1973
Bought by
Wasula Stephen Michael and Wasula Carolyln
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
Revuelta Luis O $1,460,000 Greentree Title Llc
Wasula Stephen Micheael $1,437,000 None Available
Pike Joseph A $1,218,800 --
Dolan Patrick D $600,000 --
Consumers Sav Bk -- --
Wasula Stephen Michael $440,000 --
Wasula Stephen Michael $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wasula Stephen Michael $159,400
Previous Owner Wasula Stephen Michael $160,000
Previous Owner Wasula Stephen Micheael $1,149,600
Previous Owner Pike Joseph A $228,000
Previous Owner Pike Joseph A $500,000
Previous Owner Pike Joseph A $333,700
Previous Owner Dolan Patrick D $500,000
Previous Owner Consumers Sav Bk $253,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $1,460,000 -1.0% $539 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $1,475,000 +2.6% $544 / Sq Ft
08/02/2016 08/02/16 Sold $1,437,000 -17.2% $347 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
06/24/2014 06/24/14 For Sale $1,735,000 -- $419 / 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 $16,062 $2,530,181 $1,746,697 $783,484
2023 $16,062 $2,036,830 $1,263,525 $773,305
2022 $13,996 $1,562,520 $783,386 $779,134
2021 $12,739 $1,220,241 $500,356 $719,885
2020 $12,479 $1,187,952 $500,356 $687,596
2019 $12,612 $1,177,606 $480,437 $697,169
2018 $11,784 $1,141,867 $445,950 $695,917
2017 $11,538 $1,140,935 $0 $0
2016 $11,723 $1,053,059 $0 $0
2015 $10,817 $983,987 $0 $0
2014 $11,052 $997,764 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593100

Florida Keys Board of REALTORS®

APN: 00390520-000000