NOT LISTED FOR SALE

40 Park Rd Islamorada, FL 33036

Estimated Value: $933,000 - $1,882,000

5 Beds
4 Baths
3,172 Sq Ft
$458/Sq Ft Est. Value

Last Sold May 14, 2014

Last sale price $430,000 $136 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $8,105/month

32 Days on Market

Highlights

  • Home Theater
  • Wood Flooring
  • No HOA
  • Plantation Key School Rated A-
  • Sun or Florida Room
  • 1-minute walk to Founders Park

About This Home

As of May 2014

Privacy and lots of space inside & out w this beautiful Islamorada home- plenty of room for the extended family. Home features tile & beautiful hardwood floors. Split level floor plan, everything is above base flood. Extra large corner lot offers huge fenced side yard and professional landscaping... plenty of room for a pool. Close to everything and yet very private location surrounded by nature.

Last Agent to Sell the Property

Holly Hight

Ocean Sotheby's International Realty License #3234318 Listed on: 03/03/2014

Ocean Sotheby's International Realty

Last Buyer's Agent

Holly Hight

Island Equity Real Estate License #3234318

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,004

Year Built

  • Built in 1967

Lot Details

  • 0.26 Acre Lot
  • Fenced
  • Property is zoned R1 - Residential Single Family

Parking

  • Off-Street Parking

Home Design

  • Split Level Home
  • Frame Construction
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,172 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Entrance Foyer
  • Home Theater
  • Sun or Florida Room

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Patio

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hammock Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00094480-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,004

Year Built

Built in 1967

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Mile Marker: 83.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4003.58
  • Vehicle Storage: Off Street Parking
  • Year Built: 1967
  • Alternate Key Number: 1109665
  • Building Style: Split Level
  • Cooling Heating: Central Air, Ductless, Ceiling Fans(s)
  • Lot Sq Ft: 11317.00
  • Porch Balcony: Windowed P/B, Screened Patio
  • Shutters: Panel
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 3172.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedroom, Built-in Cabinets, Entrance Foyer
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Specialty Rooms: Media Room, Sun/Florida Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 5
  • Sq Ft Remarks: Buyer to verify

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Combo Construction, Frame, Concrete
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00094480-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.26

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2014
Closed on
May 14, 2014
Sold by
Houston Rex G
Bought by
Walsh Michael and Walsh Shana
Seller's Agent
Holly Hight
Ocean Sotheby's International Realty
Buyer's Agent
Holly Hight
Ocean Sotheby's International Realty
List Price
$480,000
Sold Price
$430,000
Premium/Discount to List
-$50,000
-10.42%
Current Estimated Value
$1,452,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,022,750
Avg. Annual Appreciation
10.90%
Original Mortgage
$408,500
Outstanding Balance
$310,800
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$1,141,950

Purchase Details

Closed on
Mar 3, 2010
Sold by
Snyder Michelle
Bought by
Houston Rex

Purchase Details

Closed on
Oct 29, 2007
Sold by
Peck Terrence and Ford Terry
Bought by
Houston Rex G and Snyder Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2003
Sold by
Welsh Joseph Brendan
Bought by
Peck Terrance and Ford Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2000
Sold by
Sena Phillip
Bought by
Welsh Joseph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.87%

Purchase Details

Closed on
Dec 29, 1999
Sold by
Prime Joseph B and Prime Sharon L
Bought by
Sena Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.87%

Purchase Details

Closed on
Dec 1, 1987
Bought by
Walsh Michael and Walsh Shana

Purchase Details

Closed on
Dec 1, 1978
Bought by
Walsh Michael and Walsh Shana
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walsh Michael $430,000 None Available
Houston Rex -- None Available
Houston Rex G $585,000 Attorney
Peck Terrance $540,000 --
Welsh Joseph B $175,000 --
Sena Phillip $150,000 --
Walsh Michael $150,000 --
Walsh Michael $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Michael $408,500
Previous Owner Houston Rex G $417,000
Previous Owner Peck Terrance $432,000
Previous Owner Sena Phillip $0
Previous Owner Sena Phillip $215,000
Previous Owner Sena Phillip $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2014 05/14/14 Sold $430,000 -10.4% $136 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $480,000 -- $151 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $7,462 $788,742 -- --
2024 $7,409 $766,514 -- --
2023 $7,409 $744,189 $0 $0
2022 $7,275 $722,514 $385,231 $337,283
2021 $6,341 $555,156 $262,554 $292,602
2020 $6,238 $542,057 $244,447 $297,610
2019 $6,171 $524,430 $221,813 $302,617
2018 $6,088 $552,071 $244,447 $307,624
2017 $5,681 $552,071 $0 $0
2016 $5,343 $453,058 $0 $0
2015 $4,751 $379,105 $0 $0
2014 $4,442 $373,554 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 563644

Florida Keys Board of REALTORS®

APN: 00094480-000000

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