NOT LISTED FOR SALE

5 Emerald Dr Key West, FL 33040

Estimated Value: $944,585 - $1,307,000

3 Beds
2 Baths
1,409 Sq Ft
$822/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $620,000 $440 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,124/month

2 Days on Market

Highlights

  • Home fronts a canal
  • Wood Flooring
  • Granite Countertops
  • Fruit Trees
  • Lanai
  • 1-minute walk to The Park

About This Home

As of June 2018

Elegantly renovated canal front home just 7 houses to open water for awesome boating and fishing. The open floor plan features a custom kitchen with solid maple cabinetry, granite counter tops and stainless appliances. The living area and master suite boast 3/4'' solid strand bamboo floors; the two guestrooms are carpeted. The back opens to a large covered lanai, lovingly landscaped and fenced yard, plenty of room for a pool, and several young fruit trees. Great quiet residential neighborhood, yet a short drive to the lights and fun of Key West! Please be sure and view the Immersive Tour of this fine home; if you like the decor, it can be yours as well! No flooding from Irma; renovation completed before September 2017.

Last Agent to Sell the Property

Roger Cousineau

Keller Williams Key West Compass Realty License #647575 Listed on: 05/16/2018

Keller Williams Key West Compass Realty

Co-Listed By

Edward Russell

Schwartz Property Sales, Inc (KW)

Last Buyer's Agent

Jacob Kyer

Buy The Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,477

Year Built

  • Built in 1978

Lot Details

  • 8,000 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • HardiePlank Siding

Interior Spaces

  • 1,409 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Canal Views
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Outdoor Features

  • Seawall
  • Patio
  • Lanai

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Porpoise Pt Sec 5 Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00156230-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,477

Year Built

Built in 1978

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
  • Dockage Seawall: Cut/Natural
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Big Coppitt
  • Limited Representation: No
  • Mile Marker: 10.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3476.89
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1978
  • Alternate Key Number: 1201651
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 8000.00
  • Porch Balcony: Patio
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1409.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Split Bedroom, Walk-in Closet(s), Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Stainless Steel Appliance(s), Refrigerator, Range
  • Floor: Carpet, Wood
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Fencing, Lanai, Fruit Tree(s)
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00156230-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Jul 2, 2018
Sold by
Babcock Michele M and Babcock Robert R
Bought by
Turner Chadwick and Turner Carla
Seller's Agent
Roger Cousineau
Keller Williams Key West Compass Realty
Buyer's Agent
Jacob Kyer
Buy The Keys (KW)
List Price
$629,900
Sold Price
$620,000
Premium/Discount to List
-$9,900
-1.57%
Current Estimated Value
$1,158,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,146
Avg. Annual Appreciation
8.66%
Original Mortgage
$610,090
Outstanding Balance
$526,602
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$631,544

Purchase Details

Listed on
May 16, 2018
Closed on
Jun 29, 2018
Sold by
Babcock Michele M and Babcock Robert R
Bought by
Turner Chadwick and Turner Carla
Seller's Agent
Roger Cousineau
Keller Williams Key West Compass Realty
Buyer's Agent
Jacob Kyer
Buy The Keys (KW)
List Price
$629,900
Sold Price
$620,000
Premium/Discount to List
-$9,900
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,090
Outstanding Balance
$526,602
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$631,544

Purchase Details

Listed on
Oct 15, 2012
Closed on
Jul 2, 2013
Sold by
Globby Investments Llc
Bought by
Babcock Michele M and Babcock Robert R
Seller's Agent
Amy Prumo
Exit Realty Florida Keys MTH
Buyer's Agent
Roger Cousineau
Century 21 Circle - Key West
List Price
$287,000
Sold Price
$275,000
Premium/Discount to List
-$12,000
-4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.69%
Original Mortgage
$220,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2007
Sold by
Banez Robert A and Banez Gloria P
Bought by
Globby Investments Llc

Purchase Details

Closed on
Jan 1, 1978
Bought by
Babcock Michele M and Babcock Robert R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Turner Chadwick $620,000 None Listed On Document
Turner Chadwick $620,000 None Listed On Document
Babcock Michele M $275,000 Attorney
Globby Investments Llc $444,900 Attorney
Babcock Michele M $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Chadwick $610,090
Closed Turner Chadwick $610,090
Previous Owner Babcock Michele M $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2018 06/29/18 Sold $620,000 -1.6% $440 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $629,900 +129.1% $447 / Sq Ft
07/02/2013 07/02/13 Sold $275,000 -4.2% $195 / Sq Ft View Prior Sale
01/28/2013 01/28/13 Pending -- -- --
10/15/2012 10/15/12 For Sale $287,000 -- $204 / 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
2025 $820 $895,762 $569,640 $326,122
2024 $6,426 $875,732 $565,600 $310,132
2023 $6,426 $788,547 $492,880 $295,667
2022 $5,690 $638,487 $339,360 $299,127
2021 $5,309 $506,947 $242,400 $264,547
2020 $5,231 $493,844 $226,240 $267,604
2019 $5,313 $500,940 $230,280 $270,660
2018 $4,170 $367,346 $230,280 $137,066
2017 $4,135 $367,401 $0 $0
2016 $4,097 $368,854 $0 $0
2015 $4,003 $360,602 $0 $0
2014 $3,676 $283,916 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 580205

Florida Keys Board of REALTORS®

APN: 00156230-000000