NOT LISTED FOR SALE

278 Scorpio Ln Key West, FL 33040

Estimated Value: $688,000 - $949,000

3 Beds
2 Baths
1,104 Sq Ft
$701/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $599,000 $543 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,626/month

39 Days on Market

Highlights

  • Home fronts a canal
  • Granite Countertops
  • Balcony
  • Sun or Florida Room
  • No HOA
  • Walk-In Closet

About This Home

As of December 2022

278 Scorpio Lane is a 3 bedroom / 2 bath home located just 10 minutes from Key West. Enjoy the Keys style living with a canal front property with possible ocean access via small vessels (small boats, jet skis, kayaks, etc.) The interior has been well maintained and features an open floor plan living area, granite countertops, stainless steel appliances, wood-look vinyl plank flooring, recessed lighting, etc. The yard requires low maintenance and is surrounded by wood fencing with modern style. Low insurance costs! Flood policy is assumable.

Last Agent to Sell the Property

Austin Kimbler

Keller Williams Key West Compass Realty License #3454100 Listed on: 09/03/2022

Keller Williams Key West Compass Realty

Last Buyer's Agent

Thomas Mack

SBX Real Estate, LLC (KW)

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $4,151

Year Built

  • Built in 2005

Lot Details

  • 5,196 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Shingle Roof

Interior Spaces

  • 1,104 Sq Ft Home
  • Sliding Doors
  • Sun or Florida Room
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Flush Toilets

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Open Parking

Utilities

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

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Balcony

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00145440-000000

Community Details

Overview

  • No Home Owners Association
  • Geiger Mobile Home Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$4,151

Year Built

Built in 2005

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: Geiger Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 9.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 4151.34
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Open Parking
  • Year Built: 2005
  • Alternate Key Number: 1186791
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5196.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1104.00
  • Pre Wired: Cat 5
  • G F Interior Features: Dual Flush, LED Lighting
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Granite Counter Top, Smoke Alarms, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Dryer, Disposal
  • Floor: Laminate, Tile
  • Specialty Rooms: Laundry Room, Sun/Florida Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None, Other Dockage
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Manufactured, Modular
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00145440-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2022
Closed on
Dec 1, 2022
Sold by
Perez Andy and Perez Maria Isabel
Bought by
Arza Leonardo and Garcia-Cabrera Fanny
Seller's Agent
Austin Kimbler
Keller Williams Key West Compass Realty
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$599,000
Sold Price
$599,000
Views
27
Current Estimated Value
$774,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,175
Avg. Annual Appreciation
9.85%
Original Mortgage
$588,150
Outstanding Balance
$571,087
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$203,088

Purchase Details

Listed on
Feb 28, 2019
Closed on
Aug 23, 2019
Sold by
Summit Acquistion Group Llc
Bought by
Portal Maria Isabel and Perez Andy
Seller's Agent
Juan Gonzalez
Prime Realty Advisors of Florida, LLC
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$524,900
Sold Price
$453,000
Premium/Discount to List
-$71,900
-13.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$440,577
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 12, 2018
Closed on
Aug 29, 2018
Sold by
Lxs 2007-7N Trust
Bought by
Summit Acquisition Group Llc
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Juan Gonzalez
Prime Realty Advisors of Florida, LLC
List Price
$362,000
Sold Price
$273,000
Premium/Discount to List
-$89,000
-24.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.93%
Original Mortgage
$190,000
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Listed on
Jul 12, 2018
Closed on
Aug 9, 2018
Sold by
U S Bank N A
Bought by
Summit Acquisition Group Llc
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Juan Gonzalez
Prime Realty Advisors of Florida, LLC
List Price
$362,000
Sold Price
$273,000
Premium/Discount to List
-$89,000
-24.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 8, 2018
Sold by
Beaton Joseph A
Bought by
Us Bank National Association F

Purchase Details

Closed on
May 24, 2018
Sold by
Beaton Joseph A
Bought by
Us Bank National Association F

Purchase Details

Closed on
Nov 29, 2004
Sold by
Howell Frankey M
Bought by
Beaton Joseph and Beaton Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,400
Interest Rate
5.6%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Arza Leonardo $599,000 --
Portal Maria Isabel $453,000 New Place Title Inc
Summit Acquisition Group Llc $273,000 None Listed On Document
Summit Acquisition Group Llc $273,000 Attorney
Us Bank National Association F $191,000 --
Us Bank National Association F $191,000 --
Beaton Joseph $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arza Leonardo $588,150
Previous Owner Portal Maria Isabel $440,577
Previous Owner Portal Maria I $20,000
Previous Owner Summit Acquisition Group Llc $190,000
Previous Owner Beaton Joseph A $361,000
Previous Owner Beaton Joseph $324,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $599,000 0.0% $543 / Sq Ft
09/03/2022 09/03/22 For Sale $599,000 +32.2% $543 / Sq Ft
08/23/2019 08/23/19 Sold $453,000 -13.7% $414 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $524,900 +92.3% $480 / Sq Ft
08/24/2018 08/24/18 Sold $273,000 -24.6% $250 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $362,000 -- $331 / 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 $4,897 $543,931 $290,976 $252,955
2023 $4,897 $534,048 $285,780 $248,268
2022 $4,498 $489,351 $215,634 $273,717
2021 $4,151 $380,068 $155,880 $224,188
2020 $4,138 $375,255 $146,787 $228,468
2019 $3,230 $276,013 $135,096 $140,917
2018 $3,817 $330,345 $119,508 $210,837
2017 $3,836 $335,844 $0 $0
2016 $3,696 $321,196 $0 $0
2015 $3,560 $298,504 $0 $0
2014 $3,384 $262,678 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602412

Florida Keys Board of REALTORS®

APN: 00145440-000000