NOT LISTED FOR SALE

294 Scorpio Ln Key West, FL 33040

Big Coppitt Key Neighborhood

Estimated Value: $767,000 - $932,000

3 Beds
2 Baths
1,200 Sq Ft
$705/Sq Ft Est. Value

Last Sold May 28, 2021

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

Est. 58% increase in value since last sale

Current estimated payment $4,929/month

35 Days on Market

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)

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%
Total Days on Market
35
Current Estimated Value
$845,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,483
Avg. Annual Appreciation
12.06%
Original Mortgage
$489,926
Outstanding Balance
$448,368
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$397,115

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
$448,368
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$397,115

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
$448,368
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$397,115

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

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Range of Values:

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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 $63,000
Open Foote Warren Stephen $489,926
Previous Owner Sommerfeldt Jeffrey N $127,187
Previous Owner Sommerfeldt Marian $107,500
Previous Owner Sommerfeldt Glen G $220,000
Previous Owner Lane Jimmy R $50,000
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

  • Fred Mullins

    Seller's Agent in 2021

    Fred Mullins

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-5341

    2 in this area

    82 Total Sales

    Fred Mullins
    Section Image

  • J

    Buyer's Agent in 2021

    James Saner

    Preferred Properties (KW)

  • L

    Buyer's Agent in 2021

    Lori Cameron

    Buy The Keys

    (305) 743-2485

    5 in this area

    10 Total Sales

    Lori Cameron
    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595709

Florida Keys Board of REALTORS®

APN: 00145360-000000

Florida Monroe County Key West 33040 Big Coppitt Key

294 Scorpio Ln, Key West, FL

This home is located at 294 Scorpio Ln, Key West, FL 33040 since 19 April 2021 and is currently estimated at $845,483, approximately $704 per square foot. This property was built in 2014. 294 Scorpio Ln is a home located in Monroe County with nearby schools including Sugarloaf 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.

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