NOT LISTED FOR SALE

29059 Magnolia Ln Big Pine Key, FL 33043

Estimated Value: $720,000 - $1,057,000

2 Beds
2 Baths
1,120 Sq Ft
$784/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $550,000 $491 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,091/month

98 Days on Market

Highlights

  • Boat Ramp
  • Heated In Ground Pool
  • Deck
  • Dock made with concrete
  • Home fronts a canal
  • No HOA

About This Home

As of March 2020

Very well maintained 2 bed, 2 bath home on large corner (8,600 sq ft) lot beautifully landscaped affording much privacy. Home offers an open floor plan with vaulted wood ceilings and bamboo flooring (bathrooms are tiled). Kitchen has granite counter-tops, breakfast bar, wood cabinets and mostly stainless steel appliances. The in-ground pool has both heater and chiller. Other features include an attic fan, fenced lot with 3 sets gates (1 has remote opener for parking), dual carports and outdoor shower. Concrete dock with 5,000 lb davits with new motors in 2018. Lower level enclosure offers plenty of storage. Convenient to neighborhood boat ramp.

Last Agent to Sell the Property

Nira Tocco

Prestige Realty BPK Listed on: 10/05/2019

Last Buyer's Agent

Jeanne Spina

Keller Williams Key West Compass Realty License #3440479

Keller Williams Key West Compass Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,552

Year Built

  • Built in 1984

Lot Details

  • 8,600 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • Storage
  • Canal Views
  • Attic Fan

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Davits
  • Dock made with concrete
  • Screened Balcony
  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00267040-000000

Community Details

Overview

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

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,552

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
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Dockage Dock Length: 50
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Big Pine Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 29.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1551.50
  • Vehicle Storage: Carport, Off Street Parking, Covered Parking
  • Year Built: 1984
  • Alternate Key Number: 1338681
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Attic Fan, Central Air, Heat
  • Lot Sq Ft: 8600.00
  • Pool Info: Fiberglass, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Screened P/B
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1120.00
  • Pool Info Other: Chiller
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Oven, Stainless Steel Appliance(s), Refrigerator, Range, Dryer
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00267040-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.20

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2019
Closed on
Mar 20, 2020
Sold by
Leon Elder B
Bought by
Jacobi Timothy E and Jacobi Mary E
Seller's Agent
Nira Tocco
Prestige Realty BPK
Buyer's Agent
Jeanne Spina
Keller Williams Key West Compass Realty
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%
Current Estimated Value
$877,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,982
Avg. Annual Appreciation
8.69%
Original Mortgage
$0
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2019
Closed on
Mar 16, 2020
Sold by
Leon Elder B
Bought by
Jacobi Timothy E and Jacobi Mary E
Seller's Agent
Nira Tocco
Prestige Realty BPK
Buyer's Agent
Jeanne Spina
Keller Williams Key West Compass Realty
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1992
Bought by
Elder B Leon

Purchase Details

Closed on
Mar 1, 1979
Bought by
Elder B Leon
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
Jacobi Timothy E $550,000 True Title Agency
Jacobi Timothy E $550,000 True Title Agency
Elder B Leon $152,000 --
Elder B Leon $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jacobi Timothy E $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2020 03/16/20 Sold $550,000 -6.6% $491 / Sq Ft
10/05/2019 10/05/19 For Sale $589,000 -- $526 / 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 $5,396 $732,319 $442,040 $290,279
2023 $5,396 $694,476 $429,570 $264,906
2022 $4,686 $539,581 $268,879 $270,702
2021 $4,378 $434,773 $187,738 $247,035
2020 $1,989 $213,002 $0 $0
2019 $1,946 $208,214 $0 $0
2018 $1,946 $204,332 $0 $0
2017 $1,886 $200,130 $0 $0
2016 $1,892 $196,014 $0 $0
2015 $1,949 $194,651 $0 $0
2014 $2,002 $193,106 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587601

Florida Keys Board of REALTORS®

APN: 00267040-000000