NOT LISTED FOR SALE

Estimated Value: $1,492,000 - $2,410,000

0.21 Acre
$9,250,000 Price per Acre
6,038 Sq Ft Lot

Last Sold October 26, 2015

Last sale price $290,000 $142 Per Sq Ft

Est. 563% increase in value since last sale

Current estimated payment $10,665/month

131 Days on Market

About This Lot

As of October 2015

6,038 SF Lot in the heart of New Town. Lot comes with rights for one market rate unit.

Last Agent to Sell the Property

Will Langley

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3242135 Listed on: 06/10/2015

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Cheryl Cates

Berkshire Hathaway HomeServices Knight & Gardner Realty License #478789

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,240

Year Built

  • 1965

Lot Details

  • 6,038

Additional Features

  • Pond Views
  • 6,038 Sq Ft Lot
  • Electricity To Lot Line

Community Details

  • Coral Reef Estates Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$5,240

Year Built

1965

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Mile Marker: 4.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5240.00
  • Alternate Key Number: 1071722
  • Lot Sq Ft: 6038.00
  • Existing Utilities: Electric on Site, Other See Remarks, None, Sewer
  • Location Site: Paved Street
  • Survey Available: No
  • Tax Exemptions: None
  • Water Main Inquiry File: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1965

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Waterview: Salt Ponds

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2014
Closed on
Jan 9, 2015
Sold by
U S Bank National Association
Bought by
T D J Developments & Properties Inc
Seller's Agent
Melva Borley
Sunshine State Realty Service
Buyer's Agent
Melva Wagner
Century 21 Prestige Realty Gro
List Price
$269,900
Sold Price
$276,250
Premium/Discount to List
$6,350
2.35%
Total Days on Market
131
Current Estimated Value
$1,924,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,647,750
Avg. Annual Appreciation
18.77%
Original Mortgage
$272,500
Interest Rate
3.94%
Mortgage Type
Balloon

Purchase Details

Closed on
May 8, 2014
Sold by
Jackson Steadman D
Bought by
Us Bank National Association

Purchase Details

Closed on
Feb 22, 2005
Sold by
Segel Sheldon I and Segel Vivien T
Bought by
Jackson Steadman D and Jackson Shellie Chandler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2004
Sold by
Sawyer A Ernest and Sawyer Ziomara
Bought by
Segel Sheldon I and Segel Vivien T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$591,200
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1987
Bought by
Cates Craig and Cates Cheryl
Source: Public Records

Range of Values:

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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
T D J Developments & Properties Inc $276,250 Indecomm Global Services
Us Bank National Association -- None Available
Jackson Steadman D $895,000 --
Segel Sheldon I $739,000 --
Cates Craig $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cates Craig C $355,000
Closed Cates Criag C $355,000
Closed Cates Craig C $450,000
Closed T D J Development & Properties Inc $272,500
Previous Owner Jackson Steadman D $650,000
Previous Owner Segel Sheldon I $591,200
Previous Owner Sawyer A Ernest $30,000
Previous Owner Sawyer A Ernest $124,000
Closed Jackson Steadman D $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2015 10/26/15 Sold $290,000 -32.6% $142 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $430,000 +55.7% $211 / Sq Ft
01/28/2015 01/28/15 Sold $276,250 +2.4% $135 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
11/25/2014 11/25/14 For Sale $269,900 -- $132 / 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 $5,460 $657,684 -- --
2023 $5,460 $638,529 $0 $0
2022 $5,224 $619,932 $0 $0
2021 $5,338 $601,876 $0 $0
2020 $5,253 $593,567 $0 $0
2019 $5,176 $580,222 $0 $0
2018 $5,174 $569,404 $0 $0
2017 $2,424 $219,578 $0 $0
2016 $2,652 $230,974 $0 $0
2015 $2,111 $169,536 $0 $0
2014 $5,240 $463,866 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121699

Florida Keys Board of REALTORS®

APN: 00067790-000000