Ernesto Bascuas
Compass Florida, LLC
(786) 590-0267
76 Total Sales
4 in Islamorada
$6,385,000 Price Range
298 South Dr Islamorada, FL 33036
Islamorada AreaEstimated Value: $5,624,000 - $7,166,000
4
Beds
4
Baths
3,938
Sq Ft
$1,651/Sq Ft
Est. Value
Highlights
- Ocean Front
- Boat Lift
- Building Security System
- Dock made with wood
- Sandy Beach
- Home Theater
About This Home
As of October 2020This Islamorada Gem is located in a very private ocean front enclave. The open living/dining area over looks the ocean with volume ceilings through floor to ceiling windows. Both master suites open to ocean view terraces. A luxurious den with 50'' flat screen Apple TV is a quiet retreat. All levels are serviced by elevator. Situated on a gated 1/2 acre lushly landscaped lot with paver drive, 2 car garage and 2 car carport, this home is one of only 4 in the enclave. The 38' protected dock has 20K LB lift in the HOA marina. Concrete pool and spa has new equipment. A fully equipped poolside bar has new appliances including stainless grill, refrigerator and Ice maker. Quality construction with West Indies design. Offered furnished.
Last Agent to Sell the Property
Ginger Henderson, Broker
American Caribbean Real Estate - Middle Keys Listed on: 08/04/2018
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,111
Year Built
- Built in 1997 | Remodeled
Lot Details
- 20,040 Sq Ft Lot
- Ocean Front
- Sandy Beach
- Privacy Fence
- Fenced
- Sprinkler System
- Fruit Trees
- Property is zoned R1M - Residential SF Masonry
Home Design
- Metal Roof
Interior Spaces
- 3,938 Sq Ft Home
- Furnished
- Bar
- Cathedral Ceiling
- Ceiling Fan
- Shutters
- Blinds
- Casement Windows
- French Doors
- Sliding Doors
- Entrance Foyer
- Home Theater
- Storage
- Utility Room
- Tile Flooring
- Ocean Views
- Home Security System
Kitchen
- Oven
- Range
- Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Built-In or Custom Kitchen Cabinets
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 4 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 4 Car Garage
- Carport
- Automatic Garage Door Opener
- Electric Gate
- Guest Parking
- Off-Street Parking
Accessible Home Design
- Accessible Elevator Installed
- Handicap Accessible
Outdoor Features
- Spa
- Seawall
- Boat Lift
- Dock made with wood
- Balcony
- Deck
- Outdoor Water Feature
- Outdoor Kitchen
- Lanai
- Exterior Lighting
- Exterior Bathhouse
- Outdoor Storage
- Attached Grill
- Rain Gutters
Utilities
- Central Air
- Separate Meters
- Public Hookup Available For Sewer
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00412241-000200
Community Details
Overview
- Property has a Home Owners Association
- $1,200 Maintenance Fee
- Association fees include common area mnt
- Plantation Lake Estates Subdivision
- Rental Restrictions
Security
- Building Security System
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2018
Closed on
Oct 2, 2020
Sold by
Bought by
Seller's Agent
Ginger Henderson, Broker
American Caribbean Real Estate - Middle Keys
Buyer's Agent
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
List Price
$4,500,000
Sold Price
$3,700,000
Premium/Discount to List
-$800,000
-17.78%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,799,755
Avg. Annual Appreciation
10.18%
Original Mortgage
$2,775,000
Outstanding Balance
$2,370,734
Interest Rate
2.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,129,021
Purchase Details
Listed on
Jan 7, 2014
Closed on
Mar 24, 2014
Sold by
Bought by
Seller's Agent
Billy Hart
Ocean Sotheby's International Realty
Buyer's Agent
Ginger Henderson, Broker
American Caribbean Real Estate - Middle Keys
List Price
$3,385,000
Sold Price
$3,200,000
Premium/Discount to List
-$185,000
-5.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.24%
Purchase Details
Closed on
Sep 2, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 6, 2002
Sold by
Bought by
Purchase Details
Closed on
Nov 1, 1995
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Islamorada, FL
-
Ernesto Bascuas
-
Mark Cooper
Mark Cooper
Coldwell Banker Realty 24
(720) 575-8705
67 Total Sales
1 in Islamorada
$1,050,000 Price
-
Lorie Leal
Lorie Leal
American Caribbean Real Estate, Christie's International Real Estate
(855) 720-8007
117 Total Sales
21 in Islamorada
$379K - $2.5M Price Range
-
Carolyn Ambler
Carolyn Ambler
American Caribbean Real Estate, Christie's International Real Estate
(475) 231-4734
35 Total Sales
31 in Islamorada
$650K - $6.3M Price Range
-
Karol Marsden
Karol Marsden
Langley Knight Gardner Islamorada
(786) 751-4270
30 Total Sales
1 in Islamorada
$740,000 Price
-
Pierre-Marc Bellion
Pierre-Marc Bellion
Ocean Sotheby's International Realty
(786) 730-9461
41 Total Sales
19 in Islamorada
$515K - $3.5M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,700,000 | Wolfe Stevens Pllc | ||
| $3,200,000 | Absolute First Title Llc | ||
| $3,100,000 | Attorney | ||
| $2,150,000 | -- | ||
| $215,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,775,000 | ||
| Previous Owner | $2,000,000 | ||
| Previous Owner | $980,700 | ||
| Previous Owner | $250,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/09/2020 10/09/20 | Sold | $3,700,000 | -2.6% | $940 / Sq Ft | |
| 09/01/2020 09/01/20 | Pending | -- | -- | -- | |
| 02/22/2020 02/22/20 | Price Changed | $3,800,000 | -15.6% | $965 / Sq Ft | |
| 08/04/2018 08/04/18 | For Sale | $4,500,000 | +40.6% | $1,143 / Sq Ft | |
| 03/24/2014 03/24/14 | Sold | $3,200,000 | -5.5% | $813 / Sq Ft | View Prior Sale |
| 02/03/2014 02/03/14 | Pending | -- | -- | -- | |
| 01/07/2014 01/07/14 | For Sale | $3,385,000 | -- | $860 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $42,220 | $6,058,714 | $4,803,848 | $1,254,866 |
| 2024 | $38,870 | $6,009,882 | $4,761,524 | $1,248,358 |
| 2023 | $38,870 | $5,330,782 | $4,122,248 | $1,208,534 |
| 2022 | $33,310 | $4,009,079 | $2,848,105 | $1,160,974 |
| 2021 | $29,950 | $3,062,298 | $2,004,922 | $1,057,376 |
| 2020 | $29,718 | $3,024,876 | $2,004,922 | $1,019,954 |
| 2019 | $29,112 | $2,902,657 | $2,004,922 | $897,735 |
| 2018 | $27,570 | $2,758,837 | $1,928,980 | $829,857 |
| 2017 | $27,358 | $2,796,213 | $0 | $0 |
| 2016 | $27,858 | $2,680,792 | $0 | $0 |
| 2015 | $26,966 | $2,645,418 | $0 | $0 |
| 2014 | $19,695 | $2,708,033 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
G
Seller's Agent in 2020
Ginger Henderson, Broker
American Caribbean Real Estate - Middle Keys
-
Amy Puto
Buyer's Agent in 2020
Amy Puto
Coldwell Banker Schmitt Real Estate Co.
(305) 766-1745
184 Total Sales
-
Billy Hart
Seller's Agent in 2014
Billy Hart
Ocean Sotheby's International Realty
(305) 393-1140
18 Total Sales
-
Ginger Henderson
Buyer's Agent in 2014
Ginger Henderson
Coldwell Banker Schmitt Real Estate Co.
(305) 731-5751
45 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 581391
APN: 00412241-000200
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.
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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