NOT LISTED FOR SALE

294 Scorpio Ln Key West, FL 33040

Estimated Value: $689,000 - $955,000

3 Beds
2 Baths
1,200 Sq Ft
$667/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $535,000 $446 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,683/month

35 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • Balcony
  • Furnished
  • Stainless Steel Appliances
  • Attached Garage

About This Home

As of May 2021

Desirable location only minutes from Key West on a plugged canal, with canoe and Kayak access to the back-country or Atlantic Ocean. This 3 bedroom, 2 bath home features an open floor plan with large picturesque windows and doors leading to an outdoor deck with distant open water views. Lovingly maintained the kitchen has numerous cabinets and spacious countertops and also features a bar perfect for entertaining and sharing fish stories. Geiger Key is home to the Geiger Key Marina and Restaurant, one of the best in the Lower Keys!

Last Agent to Sell the Property

Fred Mullins

Coldwell Banker Schmitt Real Estate Co. (KW) License #3048048 Listed on: 04/19/2021

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

James Saner

Preferred Properties (KW)

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,993

Year Built

  • Built in 2014

Lot Details

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

Home Design

  • Metal Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Canal Views
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Carport
  • Open Parking

Outdoor Features

  • Seawall
  • Balcony
  • Shed

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00145360-000000

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

$3,993

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 25.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Dockage Seawall: Concrete
  • Fee Includes: Other
  • Handicap Access: No
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 3993.37
  • Title: Negotiable
  • Vehicle Storage: Carport, Open Parking, Attached
  • Year Built: 2014
  • Alternate Key Number: 1186716
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5196.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1200.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Waterfront: Plugged Canal Front
  • Waterfront: Yes
  • Construction: Modular
  • Exterior Features: Fencing, Shed
  • Roof: Metal Roof
  • Waterview: Canal View, Open Water View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00145360-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 11, 2021
Sold by
Sommerfeldt Marian L
Bought by
Glen G And Marian L Sommerfeldt Living Trust and Sommerfeld Marian
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
James Saner
Preferred Properties (KW)
List Price
$527,000
Sold Price
$535,000
Premium/Discount to List
$8,000
1.52%
Current Estimated Value
$799,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,992
Avg. Annual Appreciation
11.26%
Original Mortgage
$489,926
Outstanding Balance
$444,532
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$405,660

Purchase Details

Listed on
Apr 19, 2021
Closed on
May 28, 2021
Sold by
Sommerfeldt Glen G
Bought by
Foote Warren Stephen and Grigorovich Vera
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
James Saner
Preferred Properties (KW)
List Price
$527,000
Sold Price
$535,000
Premium/Discount to List
$8,000
1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,926
Outstanding Balance
$444,532
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$405,660

Purchase Details

Listed on
Apr 19, 2021
Closed on
Apr 13, 2021
Sold by
Sommerfeldt Glen G and Sommerfeldt Glen G
Bought by
Sommerfeldt Glen G
Seller's Agent
Fred Mullins
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
James Saner
Preferred Properties (KW)
List Price
$527,000
Sold Price
$535,000
Premium/Discount to List
$8,000
1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,926
Outstanding Balance
$444,532
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$405,660

Purchase Details

Closed on
Mar 7, 2014
Sold by
Sommerfeldt Glen G
Bought by
Sommerfeldt Marian and Sommerfeldt Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,187
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2014
Sold by
Sommerfeldt Daniel
Bought by
Sommerfeldt Marian and Sommerfeldt Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,187
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 2005
Sold by
Lane Jimmy R
Bought by
Sommerfeldt Glen G and Sommerfeldt Marian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2002
Sold by
Laura J Astor I
Bought by
Lane Jimmy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,400
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2001
Sold by
Frank C Neff I
Bought by
Astor Laura J

Purchase Details

Closed on
May 21, 1998
Sold by
Guptill Janet I
Bought by
Astor-Jason Laura J and Neff Frank C

Purchase Details

Closed on
Jan 28, 1997
Sold by
Guptill Maurice F and Guptill Helen B
Bought by
Guptill Janet I

Purchase Details

Closed on
Jul 24, 1996
Sold by
Guptill Maurice F and Guptill Helen B
Bought by
Guptill Janet I

Purchase Details

Closed on
Apr 29, 1994
Sold by
Guptill Maurice F and Guptill Helen B
Bought by
Guptill Janet I

Purchase Details

Closed on
Apr 11, 1994
Sold by
Guptill Maurice F and Guptill Helen B
Bought by
Guptill Janet I

Purchase Details

Closed on
Dec 24, 1993
Sold by
Guptill Maurice F and Guptill Helen B
Bought by
Guptill Janet I

Purchase Details

Closed on
Jan 1, 1989
Bought by
Sommerfeldt Marian

Purchase Details

Closed on
Oct 1, 1984
Bought by
Sommerfeldt Marian

Purchase Details

Closed on
Dec 1, 1979
Bought by
Sommerfeldt Marian
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
Glen G And Marian L Sommerfeldt Living Trust -- --
Foote Warren Stephen $535,000 Attorney
Sommerfeldt Glen G -- Accommodation
Sommerfeldt Marian $20,000 None Available
Sommerfeldt Marian $20,000 None Available
Sommerfeldt Glen G $342,000 --
Lane Jimmy R -- --
Lane Jimmy R $132,000 --
Astor Laura J -- --
Astor Laura J -- --
Astor-Jason Laura J $117,000 --
Guptill Janet I $100 --
Guptill Janet I $100 --
Guptill Janet I -- --
Guptill Janet I -- --
Guptill Janet I -- --
Sommerfeldt Marian $85,000 --
Sommerfeldt Marian $15,700 --
Sommerfeldt Marian $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foote Warren Stephen $489,926
Previous Owner Sommerfeldt Marian $107,500
Previous Owner Sommerfeldt Glen G $220,000
Previous Owner Guptill Janet I $125,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $535,000 +1.5% $446 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $527,000 -- $439 / 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 $5,303 $570,156 $290,976 $279,180
2023 $5,303 $582,902 $285,780 $297,122
2022 $4,823 $515,771 $215,634 $300,137
2021 $4,037 $397,321 $155,880 $241,441
2020 $3,993 $389,053 $146,787 $242,266
2019 $3,919 $379,795 $135,096 $244,699
2018 $3,848 $362,044 $116,910 $245,134
2017 $1,915 $376,457 $0 $0
2016 $946 $96,997 $0 $0
2015 $892 $88,315 $0 $0
2014 $939 $91,793 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595709

Florida Keys Board of REALTORS®

APN: 00145360-000000