25 Emerald Dr Key West, FL 33040
Big Coppitt Key NeighborhoodEstimated Value: $1,317,774 - $1,659,000
8
Beds
5
Baths
3,851
Sq Ft
$397/Sq Ft
Est. Value
About This Home
As of October 2022First time offered. This home is a investment that will pay off. Low upkeep, big value for a 3851 sqft house settled on a peaceful residential District of Big Coppitt, nestled on an oversized wooded lot. Finishing touches are all that is needed for this well built multi-unit home. Playful pleasures of the Gulf ocean life are down at the 36ft wooden dock and up at the covered porch and balconies overlooking a deep and wide canal. Each unit has their own separate stairway and covered parking for everyone and then some. New metal roof built to code (8,000 nails every 6in and Vitek along some windows.) The owners have also upgraded to paver's and rerock in 2016, landscape lighting, low maintenance yard where dragon fruit, aloe and trees are abundant, Hurricane rated shutters, plus some windows are made of lexane glass.Generator is 22KW powered by 500 Gallon propane tank, security system, on demand water heater, and a outdoor shower. Keep your income thriving and have tenants pay mortgage. Potential rental income of three units with increased income to five units $1,750 Unit A, $2,800 Unit B, $3,800 Unit C, Total Income = $8,350 x 12= $100,000 Be the first to inspect. A a close commute to shopping stores, boating sights, beaches, bus stops to the many conveniences downtown.Call me for the details today!
Last Buyer's Agent
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3218077
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 6, 2022
Closed on
Oct 31, 2022
Sold by
Rivera Michael A
Bought by
Trosset Robert F and Trosset Suzanne W
Seller's Agent
Jared Chiagouris
Buyer's Agent
Marilyn Wilbarger
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,650,000
Sold Price
$1,280,000
Premium/Discount to List
-$370,000
-22.42%
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,444
Avg. Annual Appreciation
5.76%
Original Mortgage
$960,000
Outstanding Balance
$933,804
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$545,257
Purchase Details
Closed on
Jul 1, 2022
Sold by
Rivera Ii Michael A and Rivera Likhit
Bought by
Rivera Michael A
Purchase Details
Closed on
Sep 11, 2002
Sold by
Rivera Miguel A
Bought by
Rivera Michael A
Purchase Details
Closed on
May 1, 1984
Bought by
Rivera Michael A
Purchase Details
Closed on
Oct 1, 1981
Bought by
Rivera Michael A
Purchase Details
Closed on
Apr 1, 1980
Bought by
Rivera Michael A
Similar Homes in Key West, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trosset Robert F | $1,280,000 | -- | |
| Rivera Michael A | -- | Elizabeth Devolder Pllc | |
| Rivera Michael A | -- | -- | |
| Rivera Michael A | $23,000 | -- | |
| Rivera Michael A | $5,000 | -- | |
| Rivera Michael A | $18,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Trosset Robert F | $960,000 | |
| Previous Owner | Rivera Michael | $926,250 | |
| Previous Owner | Rivera Michael A | $200,000 | |
| Previous Owner | Rivera Michael A | $500,000 | |
| Previous Owner | Rivera Michael A | $415,000 | |
| Previous Owner | Rivera Michael A | $375,000 | |
| Previous Owner | Rivera Michael A | $55,458 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2022 10/31/22 | Sold | $1,280,000 | -22.4% | $332 / Sq Ft |
| 09/06/2022 09/06/22 | For Sale | $1,650,000 | -- | $428 / Sq Ft |
Source: Key West Association of REALTORS®
Tax History Compared to Growth
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 | $10,668 | $1,147,938 | $592,403 | $555,535 |
| 2023 | $10,668 | $1,088,531 | $539,352 | $549,179 |
| 2022 | $6,980 | $724,796 | $0 | $0 |
| 2021 | $6,764 | $632,408 | $0 | $0 |
| 2020 | $6,707 | $629,589 | $0 | $0 |
| 2019 | $6,312 | $577,011 | $0 | $0 |
| 2018 | $6,294 | $564,359 | $0 | $0 |
| 2017 | $6,039 | $567,585 | $0 | $0 |
| 2016 | $5,911 | $546,267 | $0 | $0 |
| 2015 | $5,932 | $544,478 | $0 | $0 |
| 2014 | $5,599 | $443,368 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jared Chiagouris
Seller's Agent in 2022
Jared Chiagouris
(305) 395-9707
1 in this area
33 Total Sales
-
Marilyn Wilbarger
M
Buyer's Agent in 2022
Marilyn Wilbarger
Berkshire Hathaway HomeServices Knight & Gardner Realty
(305) 240-0572
6 in this area
15 Total Sales
Map
Source: Key West Association of REALTORS®
MLS Number: 602434
APN: 00156470-000000
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