NOT LISTED FOR SALE

233 Palmetto Ave Big Pine Key, FL 33043

Estimated Value: $516,000 - $596,000

2 Beds
1.5 Baths
922 Sq Ft
$616/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $320,000 $347 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,192/month

177 Days on Market

About This Home

As of November 2020

Look no further...this 2 bedroom, 1.5 bath home in the heart of Key Deer country offers lovely Spanish tile in living room & kitchen. Hooked up to sewer and assessment has been paid in full. Backyard patio and large nicely landscaped yard facing Key Deer Refuge has plenty of room for a pool..

Last Agent to Sell the Property

Nira Tocco

Coldwell Banker Schmitt RE Co. License #3052200 Listed on: 03/01/2020

Coldwell Banker Schmitt RE Co.

Co-Listed By

Cindy Tafel

EXP Realty LLC License #3434185

Last Buyer's Agent

Patti Nickless

Coldwell Banker Schmitt Lower Keys (KW) License #531649

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 1984

Lot Details

  • 7,000 Sq Ft Lot
  • Property is zoned IS - Improved Subivision District

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 922 Sq Ft Home
  • Ceiling Fan
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Big Pine Key Inc Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00257530-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,459

Year Built

Built in 1984

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
  • Key Island: Big Pine Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 31.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2459.20
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1984
  • Alternate Key Number: 1329231
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s)
  • Lot Sq Ft: 7000.00
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 922.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Refrigerator, Range
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Elect Separate Meter, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00257530-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Payne John Gary
Bought by
John Gary Payne Revocable Trust and Payne
Current Estimated Value
$568,221

Purchase Details

Listed on
Mar 1, 2020
Closed on
Nov 13, 2020
Sold by
Loughran Catherine
Bought by
Payne John Gary
Seller's Agent
Nira Tocco
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Patti Nickless
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%
Original Mortgage
$279,812
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2011
Sold by
Millsaps James and Millsaps Bridget
Bought by
Loughran Catherine

Purchase Details

Closed on
Dec 21, 2006
Sold by
Mallow Charles S and Mallow Penny L
Bought by
Millsaps James and Millsaps Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.03%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 13, 2002
Sold by
Dipre David and Dipre Kim
Bought by
Mallow Charles S and Mallow Penny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 1999
Sold by
Rodger Thomas J and Kerr Gregory T
Bought by
Dipre David A and Dipre Kim R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,125
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1998
Sold by
Clerk Of The Circuit Court
Bought by
Rodger Thomas J and Kerr Gregory

Purchase Details

Closed on
Aug 1, 1991
Bought by
Loughran Catherine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
John Gary Payne Revocable Trust -- None Listed On Document
Payne John Gary $320,000 Absolute First Title
Payne John Gary $320,000 Absolute First Title
Loughran Catherine $145,000 True Title Agency Inc
Millsaps James $350,000 First American Title Ins Co
Mallow Charles S $220,000 First American Title Ins Co
Dipre David A $127,500 --
Rodger Thomas J $82,600 --
Loughran Catherine $81,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payne John Gary $279,812
Previous Owner Payne John Gary $45,000
Previous Owner Millsaps James $35,000
Previous Owner Millsaps James $280,000
Previous Owner Mallow Charles S $176,000
Previous Owner Rodger Thomas J $142,500
Previous Owner Rodger Thomas J $121,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $320,000 -8.0% $347 / Sq Ft
07/02/2020 07/02/20 Price Changed $348,000 -0.3% $377 / Sq Ft
03/01/2020 03/01/20 For Sale $349,000 -- $379 / Sq Ft
Source: Marathon and Lower Keys Association 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
2025 $2,580 $290,716 -- --
2024 $2,580 $282,523 -- --
2023 $2,427 $274,295 $0 $0
2022 $2,356 $266,306 $0 $0
2021 $2,397 $258,550 $123,165 $135,385
2020 $2,654 $243,797 $121,380 $122,417
2019 $2,459 $222,122 $98,000 $124,122
2018 $2,473 $225,789 $99,960 $125,829
2017 $2,342 $229,175 $0 $0
2016 $2,190 $199,991 $0 $0
2015 $2,027 $160,561 $0 $0
2014 $2,047 $155,473 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nira Tocco

    Seller's Agent in 2020

    Nira Tocco

    Coldwell Banker Schmitt RE Co.

    (305) 240-1047

    6 in this area

    18 Total Sales

    Nira Tocco
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Cindy Tafel

    EXP Realty LLC

    Section Image
  • Patti Nickless

    Buyer's Agent in 2020

    Patti Nickless

    Coldwell Banker Schmitt Lower Keys (KW)

    (305) 304-6949

    93 in this area

    192 Total Sales

    Patti Nickless
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 590055

APN: 00257530-000000

Florida Monroe County Big Pine Key 33043

233 Palmetto Ave, Big Pine Key, FL

Not Listed for Sale

Detached

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