NOT LISTED FOR SALE

389 S Coconut Palm Blvd Tavernier, FL 33070

Estimated Value: $2,233,455 - $2,317,000

4 Beds
3 Baths
2,250 Sq Ft
$1,011/Sq Ft Est. Value

Last Sold February 04, 2021

Last sale price $1,440,000 $640 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $13,211/month

78 Days on Market

Highlights

  • Boat Ramp
  • Dock made with concrete
  • Home Theater
  • Plantation Key School Rated A-
  • Boat Lift
  • 1-minute walk to Old Settler's Park

About This Home

As of February 2021

SOLID CONCRETE WATERFRONT HOME situated in a desirable subdivision in PLANTATION KEY! Featuring a spacious 4bd/3ba plus a den/office or a perfect 5th bedroom. Inviting living room and kitchen on second floor leading out to a large newly screened-in porch. Expansive roof top deck to enjoy the BAYVIEWS and large balcony on third floor. You will enjoy to relax poolside with wonderful entertaining area, great for family and friends. New concrete dock with 15,000 boat lift, all located directly across from bayfront properties. Boaters Paradise with direct bayside access and nearby Atlantic Ocean access to enjoy either offshore fishing, snorkeling/diving or excellent backcountry fishing, as well as great waterfront restaurants.

Last Agent to Sell the Property

Lisa Frins

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #0672871 Listed on: 09/23/2020

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Claudette Mell

Century 21 Circle- Islamorada

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,303

Year Built

  • Built in 1995

Lot Details

  • 6,600 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Sprinkler System

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,250 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Home Theater
  • Canal Views

Kitchen

  • Oven
  • Range
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Heated In Ground Pool
  • Fiberglass Pool

Outdoor Features

  • Boat Lift
  • Dock made with concrete
  • Screened Balcony
  • Deck
  • Patio
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00430240-000000

Community Details

Overview

  • Association fees include common area mnt
  • Plant Key Colony Subdivision
  • Rental Restrictions

Recreation

  • Boat Ramp

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,303

Year Built

Built in 1995

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 100.00
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Dockage Dock: Concrete
  • Fee Includes: Common Area Mnt
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 90.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 8303.46
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport
  • Year Built: 1995
  • Alternate Key Number: 1528200
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6600.00
  • Pool Info: Fiberglass, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Roof Top Deck, Screened P/B, Patio, Open Porch/Balcony
  • Association Maintenance Fee Per: Yearly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2250.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Granite Counter Top, Window Treatments, Security System, Drapes/Blinds Incl, Entrance Foyer
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Ice Machine, Refrigerator, Range, Oven, Dryer
  • Floor: Carpet, Tile
  • Specialty Rooms: Laundry Room, Media Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Sprinkler System, Storage
  • Roof: Concrete Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: On Premises System
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00430240-000000
  • Lot Size: 60x110
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Feb 2, 2021
Sold by
Galt Todd and Galt Dana
Bought by
Simon Michael and Simon Pamela
Seller's Agent
Lisa Frins
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Claudette Mell
Century 21 Circle- Islamorada
List Price
$1,550,000
Sold Price
$1,440,000
Premium/Discount to List
-$110,000
-7.1%
Current Estimated Value
$2,275,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$835,114
Avg. Annual Appreciation
10.15%
Original Mortgage
$1,080,000
Outstanding Balance
$964,264
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,310,850

Purchase Details

Listed on
Jul 11, 2014
Closed on
May 22, 2015
Sold by
Hagen Gary A
Bought by
Galt Todd and Galt Dana
Seller's Agent
Joshua Shemtov
Keller Williams Miami Beach Realty
Buyer's Agent
Loretta Lawrence
Island Equity Real Estate
List Price
$850,000
Sold Price
$665,000
Premium/Discount to List
-$185,000
-21.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.49%
Original Mortgage
$529,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2014
Closed on
Apr 6, 2015
Sold by
Hagen Gary A and Hagen Laura
Bought by
Hagen Gary
Seller's Agent
Joshua Shemtov
Keller Williams Miami Beach Realty
Buyer's Agent
Loretta Lawrence
Island Equity Real Estate
List Price
$850,000
Sold Price
$665,000
Premium/Discount to List
-$185,000
-21.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2014
Closed on
Mar 27, 2015
Bought by
Galt Todd and Galt Dana
Seller's Agent
Joshua Shemtov
Keller Williams Miami Beach Realty
Buyer's Agent
Loretta Lawrence
Island Equity Real Estate
List Price
$850,000
Sold Price
$665,000
Premium/Discount to List
-$185,000
-21.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2007
Sold by
American Equity Exchange Inc
Bought by
Hagen Gary A and Hagen Laura R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
7.37%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 24, 2003
Sold by
Babin Peter J and Babin Barbara M
Bought by
Hagen Gary A and Hagen Laura R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2001
Bought by
Galt Todd and Galt Dana

Purchase Details

Closed on
Oct 7, 1998
Bought by
Galt Todd and Galt Dana

Purchase Details

Closed on
Apr 6, 1994
Sold by
Bosley John A
Bought by
Delavega Osvaldo and Delavega Rosenda

Purchase Details

Closed on
Apr 1, 1994
Bought by
Galt Todd and Galt Dana

Purchase Details

Closed on
Apr 1, 1990
Bought by
Galt Todd and Galt Dana

Purchase Details

Closed on
May 1, 1987
Bought by
Galt Todd and Galt Dana

Purchase Details

Closed on
Feb 1, 1978
Bought by
Galt Todd and Galt Dana
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
Simon Michael $1,440,000 Coral Reef Title Company
Galt Todd $665,000 Attorney
Hagen Gary -- None Available
Galt Todd $100 --
Hagen Gary A -- Capital Partners Title & Tru
Hagen Gary A $135,000 Coral Reef Title Company
Galt Todd $515,000 --
Galt Todd $360,000 --
Delavega Osvaldo $53,000 --
Galt Todd $53,000 --
Galt Todd $53,100 --
Galt Todd $37,000 --
Galt Todd $13,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Michael $1,080,000
Previous Owner Galt Todd $529,000
Previous Owner Hagen Gary A $920,000
Previous Owner Hagen Gary A $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2021 02/04/21 Sold $1,440,000 -7.1% $640 / Sq Ft
09/23/2020 09/23/20 For Sale $1,550,000 +133.1% $689 / Sq Ft
05/22/2015 05/22/15 Sold $665,000 -21.8% $296 / Sq Ft View Prior Sale
04/10/2015 04/10/15 Pending -- -- --
07/11/2014 07/11/14 For Sale $850,000 -- $378 / 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 $15,536 $1,886,026 $1,213,819 $672,207
2023 $15,536 $1,647,090 $998,712 $648,378
2022 $14,179 $1,440,423 $783,605 $656,818
2021 $9,536 $958,075 $371,316 $586,759
2020 $8,496 $782,467 $371,316 $411,151
2019 $8,303 $747,186 $329,703 $417,483
2018 $8,386 $761,180 $336,501 $424,679
2017 $7,795 $717,496 $0 $0
2016 $7,755 $671,418 $0 $0
2015 $6,956 $605,453 $0 $0
2014 -- $585,619 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592697

Florida Keys Board of REALTORS®

APN: 00430240-000000