NOT LISTED FOR SALE

451 8th St Key Colony Beach, FL 33051

Estimated Value: $1,089,000 - $1,195,000

2 Beds
2 Baths
1,665 Sq Ft
$689/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $730,000 $438 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,905/month

Highlights

  • Dock made with wood
  • RV or Boat Parking
  • Home fronts a canal
  • Coral Shores High School Rated A
  • RV Parking in Community
  • Cathedral Ceiling

About This Home

As of January 2021

2 Bedrooms plus big loft - Nicely updated - Tiki - Impact - 37.5 FT Dock - Big Storage /Game Room- Paved Patios - Lots of Parking

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 01/26/2021

Ocean Sotheby's International

Last Buyer's Agent

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 01/26/2021

Ocean Sotheby's International

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,099

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 4,125 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Half Duplex
  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,665 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Loft
  • Canal Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Guest Parking
  • RV or Boat Parking

Outdoor Features

  • Seawall
  • Dock made with wood
  • Balcony
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00074960-000100

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 1St Addn Amd Plat Subdivision
  • RV Parking in Community

Recreation

  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,099

Year Built

Built in 1985 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Wood
  • Dockage Dock Length: 37
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5099.26
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Trailer Storage, Covered Parking, RV Parking Open, Guest Parking
  • Year Built: 1985
  • Alternate Key Number: 8712677
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 4125.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1665.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Carpet
  • Specialty Rooms: Loft
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame, Stucco
  • Exterior Features: Chickee Hut, Lighting
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00074960-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Jan 13, 2021
Sold by
Megall Frederick J and Megall Dawn L
Bought by
Fernandez Rafael J and Fernandez Roxana
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Karen Raspe, PA
Ocean Sotheby's International
List Price
$730,000
Sold Price
$730,000
Current Estimated Value
$1,146,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,676
Avg. Annual Appreciation
12.07%
Original Mortgage
$335,000
Outstanding Balance
$300,151
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$937,133

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jun 25, 2015
Sold by
Hilten Lynn E H
Bought by
Mcfall Frederick J and Mcfall Dawn L
Seller's Agent
Lynn Goodwin, P.a.
Key Colony Beach Realty
Buyer's Agent
Creative Technology
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$400,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2011
Sold by
Hilten Lynn E H
Bought by
Hilten Lynn E

Purchase Details

Closed on
Mar 5, 2003
Sold by
Baker James Donald and Baker Peggy Frances
Bought by
Hilten Lynn E H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 1997
Sold by
Kerin Mark E
Bought by
Baker James D and Baker Peggy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
7.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1987
Bought by
Mcfall Frederick J and Mcfall Dawn L
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
Fernandez Rafael J $730,000 Florida Title Professional
Mcfall Frederick J $560,000 Attorney
Hilten Lynn E -- Attorney
Hilten Lynn E H $487,000 --
Baker James D $170,000 --
Mcfall Frederick J $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Rafael J $335,000
Previous Owner Mcfall Frederick J $400,000
Previous Owner Hilten Lynn E H $267,000
Previous Owner Hilten Robert W $157,000
Previous Owner Baker James D $50,000
Previous Owner Hilten Lynn E H $238,000
Previous Owner Baker James D $116,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $730,000 0.0% $438 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $730,000 +30.4% $438 / Sq Ft
06/25/2015 06/25/15 Sold $560,000 -6.5% $335 / Sq Ft
05/30/2015 05/30/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $599,000 -- $359 / Sq Ft
Source: Marathon and Lower Keys Association 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 $8,466 $973,538 $478,500 $495,038
2023 $8,466 $903,515 $474,375 $429,140
2022 $7,383 $720,088 $379,500 $340,588
2021 $6,162 $627,779 $260,906 $366,873
2020 $5,207 $490,838 $247,500 $243,338
2019 $5,099 $479,565 $247,500 $232,065
2018 $4,911 $479,674 $247,500 $232,174
2017 $4,798 $479,992 $0 $0
2016 $4,956 $476,291 $0 $0
2015 $4,357 $451,165 $0 $0
2014 $4,540 $431,744 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Raspe, PA

    Seller's Agent in 2021

    Karen Raspe, PA

    Ocean Sotheby's International

    (305) 393-9010

    218 Total Sales

    Karen Raspe, PA
    Section Image

  • L

    Seller's Agent in 2015

    Lynn Goodwin, P.a.

    Key Colony Beach Realty

  • o

    Buyer's Agent in 2015

    outside of mls

    Outside Of MLS

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 594359

APN: 00074960-000100

Florida Monroe County Key Colony Beach 33051

451 8th St, Key Colony Beach, FL

This home is located at 451 8th St, Key Colony Beach, FL 33051 since 26 January 2021 and is currently estimated at $1,146,676, approximately $688 per square foot. This property was built in 1985. 451 8th St is a home located in Monroe County with nearby schools including Stanley Switlik Elementary School, Marathon Middle High School, and Coral Shores High School.

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