NOT LISTED FOR SALE

305 Palm Ave Islamorada, FL 33036

Estimated Value: $708,315 - $1,039,000

1 Bed
1 Bath
610 Sq Ft
$1,449/Sq Ft Est. Value

Last Sold February 10, 2015

Last sale price $235,000 $385 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $5,280/month

11 Days on Market

Highlights

  • Furnished
  • No HOA
  • Building Security System
  • Plantation Key School Rated A-
  • Patio
  • 1-minute walk to Founders Park

About This Home

As of February 2015

Charming Cottage in the village of Islamorada within walking distance of the Islamorada Art and Cultural Distrct, restaurants, library and boutiques. Ride your bike to most anywhere on the island.

Last Agent to Sell the Property

Rhonda Simonds-Brewer

American Caribbean Real Estate, Christie's International Real Estate License #487721 Listed on: 11/15/2014

Last Buyer's Agent

Stephen Kurutz

Century 21 Prestige Realty Grp, Tavernier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,787

Year Built

  • Built in 1954

Lot Details

  • 6,600 Sq Ft Lot
  • Property is zoned R1 - Residential Single Family

Parking

  • Off-Street Parking

Home Design

  • Tar and Gravel Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 610 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Casement Windows
  • Tile Flooring
  • Home Security System

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Location

  • Ground Level

Utilities

  • Central Air
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00398650-000000

Community Details

Overview

  • No Home Owners Association
  • Grove Park Subdivision
  • Rental Restrictions

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,787

Year Built

Built in 1954

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
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: Yes
  • Mile Marker: 81.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2786.84
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1954
  • Alternate Key Number: 1491047
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 6600.00
  • Porch Balcony: Patio
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 610.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Security System
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Refrigerator, Oven, Microwave, Freezer, Dryer
  • Floor: Tile
  • Windows/Doors: Casement, Other Windows/Doors
  • Total Bedrooms: 1
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Concrete
  • Exterior Features: Shed
  • Roof: Tar/Gravel Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: On Premises System
  • Utilities: Buyer to Verify, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE7
  • Parcel Number: 00398650-000000
  • Lot Size: 50.0 ft x 132.0 ft
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Ellis Jessica G
Bought by
Pell John and Sanchez Jeannette
Current Estimated Value
$884,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2020
Sold by
Ellis Jessica G and Stone Jessica G
Bought by
Pell John and Sanchez Jeannette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2014
Closed on
Mar 5, 2015
Sold by
Ellis Jessica G and Ellis Jessica G
Bought by
Ellis Jessica G
Seller's Agent
Rhonda Simonds-Brewer
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Stephen Kurutz
Century 21 Prestige Realty Grp, Tavernier
List Price
$289,000
Sold Price
$235,000
Premium/Discount to List
-$54,000
-18.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.38%
Original Mortgage
$199,700
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2014
Closed on
Feb 10, 2015
Sold by
Caysal
Bought by
Ellis Jessica
Seller's Agent
Rhonda Simonds-Brewer
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Stephen Kurutz
Century 21 Prestige Realty Grp, Tavernier
List Price
$289,000
Sold Price
$235,000
Premium/Discount to List
-$54,000
-18.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,700
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2007
Sold by
Strempek Joseph and Shea Jennifer D
Bought by
Caysal Iii Llc

Purchase Details

Closed on
Sep 3, 2004
Sold by
Saiger Ina J
Bought by
Strempek Joseph and Shea Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 16, 2002
Sold by
Weingardt Barbara B
Bought by
Saiger Ina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2000
Sold by
Wills Robert and Onnen Patricia
Bought by
Weingardt Barbara B

Purchase Details

Closed on
Jun 5, 1995
Sold by
Pinder Linda M
Bought by
Wills Robert J and Onnen Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.21%
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
Pell John $477,000 Coral Reef Title
Pell John $477,000 Coral Reef Title
Ellis Jessica G -- None Available
Ellis Jessica $235,000 Attorney
Caysal Iii Llc $375,000 Dba Florida Title Of Keys
Strempek Joseph $350,000 --
Saiger Ina J $250,000 --
Weingardt Barbara B $150,000 --
Wills Robert J $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pell John $377,000
Closed Pell John $368,000
Closed Pell John $368,000
Previous Owner Ellis Jessica G $200,000
Previous Owner Ellis Jessica $199,700
Previous Owner Strempek Joseph $280,000
Previous Owner Weingardt Barbara B $90,000
Previous Owner Weingardt Barbara B $90,000
Previous Owner Wills Robert J $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2015 02/10/15 Sold $235,000 -18.7% $385 / Sq Ft
11/26/2014 11/26/14 Pending -- -- --
11/15/2014 11/15/14 For Sale $289,000 -- $474 / 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 $5,678 $683,781 $494,208 $189,573
2023 $5,678 $658,952 $480,480 $178,472
2022 $4,991 $492,708 $312,312 $180,396
2021 $4,518 $365,677 $205,920 $159,757
2020 $3,687 $278,046 $205,920 $72,126
2019 $3,619 $265,611 $192,192 $73,419
2018 $3,592 $266,800 $190,344 $76,456
2017 $3,534 $268,145 $0 $0
2016 $3,532 $252,261 $0 $0
2015 $2,985 $203,011 $0 $0
2014 $3,195 $264,351 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Simonds-Brewer

    Seller's Agent in 2015

    Rhonda Simonds-Brewer

    American Caribbean Real Estate, Christie's International Real Estate

    (305) 393-0513

    22 in this area

    26 Total Sales

    Rhonda Simonds-Brewer
    Section Image

  • S

    Buyer's Agent in 2015

    Stephen Kurutz

    Century 21 Prestige Realty Grp, Tavernier

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 565809

Florida Keys Board of REALTORS®

APN: 00398650-000000

Florida Monroe County Islamorada 33036

305 Palm Ave, Islamorada, FL

This home is located at 305 Palm Ave, Islamorada, FL 33036 since 15 November 2014 and is currently estimated at $884,079, approximately $1,449 per square foot. This property was built in 1954. 305 Palm Ave is a home located in Monroe County with nearby schools including Plantation Key School, Coral Shores High School, and Island Christian 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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