NOT LISTED FOR SALE

551 Elma Ave Big Pine Key, FL 33043

Estimated Value: $590,577 - $765,000

2 Beds
1 Bath
984 Sq Ft
$675/Sq Ft Est. Value

Sale Details

Date Sold: November 4, 2015

Last sale price $322,500 $328 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,815 / mo

1 Day on Market

Highlights

  • Ocean View
  • Fruit Trees
  • Screened Balcony
  • 0.69 Acre Lot
  • No HOA
  • Complete Accordion Shutters

About This Home

As of November 2015

This updated, well-maintained home has vaulted wood ceilings, tile floors and beautiful granite countertops. Sunsets over Newfound Harbor and Pine Channel Bridge can be viewed from the spacious screened porch or relax around the backyard firepit. Sitting on nearly 3/4 acres and surrounded by Government-owned wetlands on 3 sides, privacy is at a premium! Close to local shops & Key West attractions.

Last Agent to Sell the Property

Nira Tocco

Prestige Realty BPK Listed on: 09/30/2015

Last Buyer's Agent

Lara Rutskin

Coldwell Banker Schmitt Real Estate Co. License #3228642

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,877

Year Built

  • Built in 1988

Lot Details

  • 30,033 Sq Ft Lot
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Parking

  • Covered Parking

Property Views

  • Ocean
  • Harbor

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 984 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Tile Flooring
  • Complete Accordion Shutters

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Aerobic Septic System

Community Details

  • No Home Owners Association
  • Piney Point Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00246250-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,877

Year Built

Built in 1988

Lot Details

0.69 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
  • Handicap Access: No
  • Key Island: Big Pine Key
  • Limited Representation: No
  • Mile Marker: 29.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Ocean
  • State Province: FL
  • Taxes: 2877.15
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking
  • Year Built: 1988
  • Alternate Key Number: 1315877
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 30033.00
  • Porch Balcony: Screened P/B
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 984.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Walk-in Closet(s)
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Range, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fruit Tree(s), Storage
  • Roof: Metal Roof
  • Waterview: Harbor/Marina View, Ocean View
  • Pool: No

Utilities

  • Utilities: Aerobic System, FKAA, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00246250-000000
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.69

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2015
Closed on
Nov 4, 2015
Sold by
Bought by
Seller's Agent
Nira Tocco
Prestige Realty BPK
Buyer's Agent
Lara Rutskin
Coldwell Banker Schmitt Real Estate Co.
List Price
$324,900
Sold Price
$322,500
Premium/Discount to List
-$2,400
-0.74%
Current Estimated Value
$664,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,644
Avg. Annual Appreciation
7.07%
Original Mortgage
$329,433
Outstanding Balance
$257,857
Interest Rate
3.89%
Mortgage Type
VA
Estimated Equity
$406,287

Purchase Details

Listed on
Jul 1, 2013
Closed on
Oct 4, 2013
Sold by
Bought by
Seller's Agent
Patti Nickless
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Nira Tocco
Coldwell Banker Schmitt RE Co.
List Price
$289,000
Sold Price
$287,500
Premium/Discount to List
-$1,500
-0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$279,837
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
8.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1980
Bought by

Purchase Details

Closed on
Feb 1, 1974
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$322,500 True Title Agency Inc
$287,500 True Title Agency Inc
$215,000 Attorney
$158,000 --
$10,000 --
$3,800 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $329,433
Previous Owner $279,837
Previous Owner $170,000
Previous Owner $126,000
Previous Owner $126,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2015 11/04/15 Sold $322,500 -0.7% $328 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
09/30/2015 09/30/15 For Sale $324,900 +13.0% $330 / Sq Ft
10/04/2013 10/04/13 Sold $287,500 -0.5% $309 / Sq Ft View Prior Sale
08/19/2013 08/19/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $289,000 -- $310 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,781 $277,435 -- --
2024 $2,632 $269,617 -- --
2023 $2,632 $261,765 $0 $0
2022 $2,563 $254,141 $0 $0
2021 $2,600 $246,739 $0 $0
2020 $2,583 $243,333 $110,672 $132,661
2019 $2,649 $250,136 $110,672 $139,464
2018 $2,746 $255,189 $112,323 $142,866
2017 $2,738 $256,889 $0 $0
2016 $2,956 $272,789 $0 $0
2015 $2,805 $248,075 $0 $0
2014 $2,877 $246,106 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2015

    Nira Tocco

    Prestige Realty BPK

  • L

    Buyer's Agent in 2015

    Lara Rutskin

    Coldwell Banker Schmitt Real Estate Co.

    (305) 240-4905

    25 Total Sales

    Lara Rutskin
    Section Image
  • Patti Nickless

    Seller's Agent in 2013

    Patti Nickless

    Coldwell Banker Schmitt Lower Keys (KW)

    (305) 304-6949

    84 in this area

    156 Total Sales

    Patti Nickless
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 568578

Florida Keys Board of REALTORS®

APN: 00246250-000000

Florida Monroe County Big Pine Key 33043

551 Elma Ave, Big Pine Key, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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