Seller's Agent in 2024
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
(305) 797-1221
27 in this area
628 Total Sales
5 Ibis Ln Key West, FL 33040
Estimated Value: $793,000 - $1,688,000
3
Beds
2
Baths
1,450
Sq Ft
$823/Sq Ft
Est. Value
Highlights
- Beach
- RV or Boat Parking
- Home fronts a canal
- Boat Lift
- RV Parking in Community
- Deck
About This Home
As of June 2024Stunning Geiger Key oasis with gorgeous Water Views just fifteen minutes from exciting Key West! This Boca Chica Ocean Shores home has it all; inside the expansive 3 Bedroom 2 Bathroom floor plan, a bright and welcoming open-concept main living space lends itself to entertaining. A well-equipped kitchen features a generous island, abundant cabinetry for storage, gas range, and granite countertops. The spacious primary retreat boasts an en suite bathroom and breathtaking Water Views. Two additional guest bedrooms offer plenty of space for a family or for hosting guests. Enjoy serene outdoor living space on the sizable open balcony, an ideal space for sipping morning coffee or evening cocktails. The neighboring beachfront lot is government-owned, ensuring privacy and unobstructed Open Water Views. Downstairs, the property if fully outfitted for frequent boating adventures with ease. The composite dock comes complete with a boat lift for added convenience. After a day on the water, rinse away salt and sand in the outdoor shower. Relax in the shade of the well-appointed tiki hut, or grill your fresh catch by the waterside on the observation deck; perfect for al fresco dining and entertaining friends. Bonus storage space under the home provides dry storage for keeping fishing gear and equipment out of the elements. The property offers an abundance of open and covered parking, as well as RV hookup with 220 service and pump-out station. Additional property features include a tankless water heater, impact windows and sliding glass doors, and sleek modern finishes. Lush tropical landscaping envelops the lot, offering loads of privacy. Located just minutes to boat ramps in both Geiger Key and Big Coppitt, this home is an ideal location for the avid boater. Nestled on a quiet street but just a short drive to all the action in Key West, this property is a must-see! Schedule a tour today!
Last Agent to Sell the Property
Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 11/09/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,329
Year Built
- Built in 1982
Lot Details
- 6,000 Sq Ft Lot
- Home fronts a canal
- Property is zoned SS - Sparsely Settled Residential District
Home Design
- Frame Construction
- Metal Roof
- HardiePlank Siding
Interior Spaces
- 1,450 Sq Ft Home
- Bar
- Ceiling Fan
- Blinds
- Storage
- Canal Views
- Impact Glass
Kitchen
- Oven
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Built-In or Custom Kitchen Cabinets
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- Carport
- Open Parking
- Off-Street Parking
- RV or Boat Parking
Outdoor Features
- Outdoor Shower
- Boat Lift
- Dock made with Composite Material
- Balcony
- Deck
- Exterior Lighting
- Outdoor Storage
- Tiki or Chickee Hut
Utilities
- Central Air
- Ductless Heating Or Cooling System
- Public Hookup Available For Sewer
Listing and Financial Details
- Homestead Exemption
- Minimum Rental Period: 28
- Assessor Parcel Number 00142200-000000
Community Details
Overview
- No Home Owners Association
- Boca Chica Ocean Shr Subdivision
- Rental Restrictions
- RV Parking in Community
Recreation
- Beach
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2023
Closed on
Jun 7, 2024
Sold by
Kehoe Steven and Kehoe Amy
Bought by
Loudon George R and Loudon Tammy M
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Sarah Eckert
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$1,499,000
Sold Price
$1,361,440
Premium/Discount to List
-$137,560
-9.18%
Views
311
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$168,241
Avg. Annual Appreciation
-8.73%
Purchase Details
Listed on
Jun 24, 2020
Closed on
Nov 18, 2020
Sold by
5 Ibis Lane Llc
Bought by
Kehoe Steven and Kehoe Amy
Seller's Agent
Christian Loffreno
Loffreno Real Estate, Inc.
Buyer's Agent
Christian Loffreno
List Price
$679,000
Sold Price
$650,000
Premium/Discount to List
-$29,000
-4.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.23%
Purchase Details
Closed on
Jan 2, 2020
Sold by
Dullard Robert
Bought by
5 Ibis Lane Llc
Purchase Details
Listed on
Jan 21, 2018
Closed on
May 14, 2018
Sold by
Lifland Richard S
Bought by
Dullard Robert
Seller's Agent
Dawn Thornburgh
Beach Club Brokers (KW)
Buyer's Agent
Dawn Thornburgh
Beach Club Brokers (KW)
List Price
$498,000
Sold Price
$430,000
Premium/Discount to List
-$68,000
-13.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.37%
Purchase Details
Closed on
Oct 13, 2017
Sold by
Mckillip Roseanne Anne
Bought by
Lifland Richard Scott
Purchase Details
Closed on
May 1, 2001
Sold by
Ronald B Mckillip M and Roseanne Mckillip M
Bought by
Mckillip Rondald B and Mckillip Roseanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 1980
Bought by
Mckillip Roseanne
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Loudon George R | $1,361,500 | None Listed On Document | |
| Kehoe Steven | $650,000 | Attorney | |
| 5 Ibis Lane Llc | -- | Attorney | |
| Dullard Robert | $430,000 | None Listed On Document | |
| Lifland Richard Scott | -- | Attorney | |
| Mckillip Rondald B | -- | -- | |
| Mckillip Roseanne | $10,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mckillip Ronald B | $250,750 | |
| Previous Owner | Mckillip Ronald B | $10,097 | |
| Previous Owner | Mckillip Ronald B | $216,000 | |
| Previous Owner | Mckillip Ronald B | $16,950 | |
| Previous Owner | Mckillip Ronald B | $7,750 | |
| Closed | Mckillip Ronald B | $216,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $1,361,440 | +4.8% | $939 / Sq Ft |
| 05/04/2024 05/04/24 | Price Changed | $1,299,000 | -13.3% | $896 / Sq Ft |
| 11/09/2023 11/09/23 | For Sale | $1,499,000 | +130.6% | $1,034 / Sq Ft |
| 11/23/2020 11/23/20 | Sold | $650,000 | -4.3% | $508 / Sq Ft |
| 10/24/2020 10/24/20 | Pending | -- | -- | -- |
| 06/24/2020 06/24/20 | For Sale | $679,000 | +57.9% | $530 / Sq Ft |
| 05/11/2018 05/11/18 | Sold | $430,000 | -13.7% | $336 / Sq Ft |
| 04/24/2018 04/24/18 | Pending | -- | -- | -- |
| 01/21/2018 01/21/18 | For Sale | $498,000 | -- | $389 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Tax History Compared to Growth
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 | $5,481 | $651,126 | $356,850 | $294,276 |
| 2023 | $5,481 | $635,209 | $0 | $0 |
| 2022 | $5,329 | $616,708 | $331,500 | $285,208 |
| 2021 | $5,259 | $531,310 | $276,900 | $254,410 |
| 2020 | $3,712 | $358,513 | $202,176 | $156,337 |
| 2019 | $3,742 | $360,645 | $202,176 | $158,469 |
| 2018 | $3,623 | $338,472 | $202,176 | $136,296 |
| 2017 | $1,335 | $141,364 | $0 | $0 |
| 2016 | $1,336 | $138,457 | $0 | $0 |
| 2015 | $1,377 | $137,495 | $0 | $0 |
| 2014 | $1,408 | $136,404 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Ferringo
-
Sarah Eckert
Buyer's Agent in 2024
Sarah Eckert
Coldwell Banker Schmitt Real Estate Co. (KW)
(772) 501-6576
1 in this area
15 Total Sales
-
Vic Musmanno
Buyer Co-Listing Agent in 2024
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
(305) 304-2623
2 in this area
155 Total Sales
-
Christian Loffreno
Seller's Agent in 2020
Christian Loffreno
Loffreno Real Estate, Inc.
(239) 994-7653
2 in this area
94 Total Sales
-
Dawn Thornburgh
Seller's Agent in 2018
Dawn Thornburgh
Beach Club Brokers (KW)
(305) 304-1067
1 in this area
36 Total Sales
-
Karleen Grant
K
Seller Co-Listing Agent in 2018
Karleen Grant
Beach Club Brokers (KW)
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 607359
APN: 00142200-000000
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