NOT LISTED FOR SALE

29042 Palm Ave Big Pine Key, FL 33043

Estimated Value: $976,000 - $1,088,000

3 Beds
3 Baths
2,176 Sq Ft
$478/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $685,000 $315 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,998/month

4 Days on Market

Highlights

  • Dock made with concrete
  • Boat Slip
  • Cathedral Ceiling
  • Boat Lift
  • Home fronts a canal
  • No HOA

About This Home

As of May 2021

Canal front 10,200 sq ft lot , 120 ft concrete dock with boat basin, boat lift, 3 bedrooms 3 baths, cathedral ceiling, laundry room, large kitchen, dining room, living room and sitting area, Tiki Hut, metal roof, fenced large double lot. across the street owned by Fish and Wildlife, Cudjoe Regional Sewer paid.Boat Lift 10,000 lb, Davits 3,000 lb

Last Agent to Sell the Property

Diane Corliss

Realty Executives - Sugarloaf Listed on: 03/21/2021

Last Buyer's Agent

Yvette Toledo-Baste

Compass Florida, LLC - Miami Beach License #SL606358

Compass Florida, LLC - Miami Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,162

Year Built

  • Built in 2003

Lot Details

  • 10,200 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,176 Sq Ft Home
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Canal Views

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • Boat Lift
  • Boat Slip
  • Dock made with concrete
  • Balcony
  • Tiki or Chickee Hut

Utilities

  • Heat Pump System
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Eden Pines Colony Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00268650-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,162

Year Built

Built in 2003

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
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 120
  • Document Count: 4
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Big Pine Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 29.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5161.51
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Open Parking
  • Year Built: 2003
  • Alternate Key Number: 1340286
  • Cooling Heating: Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 10200.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Panel
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2176.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Split Bedroom
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Oven, Washer, Refrigerator, Dryer
  • Floor: Carpet, Tile
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift, Boat Slip
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame, Stucco
  • Exterior Features: Chickee Hut, Fencing
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00268650-000000
  • Lot Size: 60 x 120
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.23

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2021
Closed on
May 4, 2021
Sold by
Leitz Joseph F and Leitz Laura A
Bought by
Feria Rainer Arceo and Rodriguez Keny
Seller's Agent
Diane Corliss
Realty Executives - Sugarloaf
Buyer's Agent
Yvette Toledo-Baste
Compass Florida, LLC - Miami Beach
List Price
$689,900
Sold Price
$685,000
Premium/Discount to List
-$4,900
-0.71%
Current Estimated Value
$1,039,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,113
Avg. Annual Appreciation
9.79%
Original Mortgage
$608,000
Outstanding Balance
$551,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$488,113

Purchase Details

Closed on
Jan 5, 2012
Sold by
Young Paul E and Young Diane E
Bought by
Leitz Joseph F and Leitz Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2003
Sold by
Young James D and Young Oleva A
Bought by
Young Paul E and Young Diane E

Purchase Details

Closed on
Feb 5, 2002
Sold by
K R M and Const Of S R M
Bought by
Young James D and Young Oleva A

Purchase Details

Closed on
Aug 6, 2001
Sold by
Ernest E Audet Jr M and Barbara G Audet M
Bought by
R K/S Const Of Florida Keys
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
Feria Rainer Arceo $685,000 Attorney
Leitz Joseph F $419,000 True Title Agency Inc
Young Paul E -- --
Young James D $108,000 --
R K/S Const Of Florida Keys $45,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feria Rainer Arceo $608,000
Previous Owner Leitz Joseph F $319,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $685,000 -0.7% $315 / Sq Ft
03/21/2021 03/21/21 For Sale $689,900 -- $317 / 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 $6,573 $787,155 -- --
2023 $6,573 $764,229 $0 $0
2022 $6,450 $707,458 $413,457 $294,001
2021 $5,138 $518,088 $218,688 $299,400
2020 $5,119 $511,157 $205,020 $306,137
2019 $5,162 $513,903 $194,769 $319,134
2018 $5,272 $511,300 $197,676 $313,624
2017 $5,323 $521,689 $0 $0
2016 $5,175 $497,872 $0 $0
2015 $4,880 $442,915 $0 $0
2014 $4,719 $408,351 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Diane Corliss

    Realty Executives - Sugarloaf

  • Yvette Toledo-Baste

    Buyer's Agent in 2021

    Yvette Toledo-Baste

    Compass Florida, LLC - Miami Beach

    (786) 472-0626

    12 in this area

    58 Total Sales

    Yvette Toledo-Baste
    Section Image

  • Y

    Buyer's Agent in 2021

    Yvette Toledo-Baste, ABR

    Horizon Homes Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595261

Florida Keys Board of REALTORS®

APN: 00268650-000000

Florida Monroe County Big Pine Key 33043

29042 Palm Ave, Big Pine Key, FL

This home is located at 29042 Palm Ave, Big Pine Key, FL 33043 since 21 March 2021 and is currently estimated at $1,039,113, approximately $477 per square foot. This property was built in 2003. 29042 Palm Ave is a home located in Monroe County with nearby schools including Sugarloaf School, Marathon Middle High School, and Key West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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