NOT LISTED FOR SALE

Estimated Value: $1,969,000 - $2,526,000

4 Beds
3 Baths
2,200 Sq Ft
$1,013/Sq Ft Est. Value

Last Sold March 13, 2019

Last sale price $1,375,000 $625 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $16,295/month

476 Days on Market

Highlights

  • Boat Dock
  • Heated In Ground Pool
  • Lanai
  • Plantation Key School Rated A-
  • Gulf View
  • 1-minute walk to Lignumvitae Key Botanical State Park

About This Home

As of March 2019

Live the good life at Pen Key Club! This elegantly appointed modern contemporary home will not disappoint. Tastefully updated by one of the area's top contractors, this 4BD/3BA and located on a corner lot right across the street from the Florida Bay. Enjoy every aspect of your day from one of the 3 lanais; 2 screened and one open. Pen Key Club offers protected community dockage and pool, plus on-site manager and landscaper. This exclusive community is a World away and like no other in the Upper Keys! Landscaping by Fernando Wong.

Last Agent to Sell the Property

The Florida Keys Sold Sisters

Ocean Sotheby's International Realty Listed on: 11/20/2017

Ocean Sotheby's International Realty

Last Buyer's Agent

Bill Hart

Century 21 Prestige Realty Grp, Tavernier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,585

Year Built

  • Built in 1960

Lot Details

  • 8,640 Sq Ft Lot
  • Sprinkler System
  • Property is zoned R1 - Residential Single Family

HOA Fees

  • $3,333 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Blinds
  • Storage
  • Gulf Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Electric Gate
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Assigned Dock
  • Balcony
  • Screened Patio
  • Lanai
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Central Air
  • Heat Pump System
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 00402840-000000

Community Details

Overview

  • $6,500 Maintenance Fee
  • Association fees include common area mnt, security
  • Penn Key Club Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Community Pool

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,585

Year Built

Built in 1960

Lot Details

0

HOA Fees

$3,333 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 40000.00
  • Maintenance Fee: 6500.00
  • Mandatory HOA: Yes
  • Control Depth: 5
  • Document Count: 4
  • Fee Includes: Common Area Mnt, Other, Security
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Mile Marker: 83.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Dockage, Manager on Premises, Community Pool
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6584.70
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1960
  • Alternate Key Number: 1495174
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Central Air
  • Lot Sq Ft: 8640.00
  • Pool Info: Decked, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Screened Patio, Patio
  • Association Maintenance Fee Per: Yearly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 2200.00
  • Pool Info Other: community
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Pantry, Walk-in Closet(s), Storage, Split Bedroom, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Microwave, Freezer, Dryer
  • Windows/Doors: Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Assigned Dock, Basin
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Lanai, Sprinkler System, Storage, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, No Waterview

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00402840-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.20

Rental Info

  • Rentals Allowed: No
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2017
Closed on
Mar 13, 2019
Sold by
Hagemeier Michelle and Hagemeier Jan P
Bought by
Clark Matthew R and Clark Beth A
Seller's Agent
The Florida Keys Sold Sisters
Ocean Sotheby's International Realty
Buyer's Agent
Bill Hart
Century 21 Prestige Realty Grp, Tavernier
List Price
$1,475,000
Sold Price
$1,375,000
Premium/Discount to List
-$100,000
-6.78%
Current Estimated Value
$2,227,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$852,940
Avg. Annual Appreciation
7.60%
Original Mortgage
$850,000
Outstanding Balance
$747,295
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,480,645

Purchase Details

Closed on
Dec 11, 2013
Sold by
Tammen John G and Bryant Susan T
Bought by
Hagemeier Jan P and Hagemeier Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 21, 1995
Sold by
Tammen John G and Tammen Jane C
Bought by
Tammen John G

Purchase Details

Closed on
Dec 1, 1983
Bought by
Hagemeier Jan P and Hagemeier Michelle
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
Clark Matthew R $1,375,000 Coral Reef Title Company
Hagemeier Jan P $705,000 Florida Title Of The Keys
Tammen John G -- --
Hagemeier Jan P $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Matthew R $850,000
Previous Owner Hagemeier Jan P $422,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2019 03/13/19 Sold $1,375,000 -6.8% $625 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
11/20/2017 11/20/17 For Sale $1,475,000 -- $670 / 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 $14,217 $1,821,801 $1,242,720 $579,081
2023 $14,217 $1,731,681 $1,180,584 $551,097
2022 $12,418 $1,333,732 $776,700 $557,032
2021 $11,577 $1,125,996 $634,305 $491,691
2020 $11,383 $1,101,031 $604,100 $496,931
2019 $10,178 $985,450 $483,280 $502,170
2018 $9,129 $856,340 $466,560 $389,780
2017 $6,915 $669,787 $0 $0
2016 $6,585 $575,736 $0 $0
2015 $6,770 $605,964 $0 $0
2014 $6,727 $597,043 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 577540

Florida Keys Board of REALTORS®

APN: 00402840-000000