NOT LISTED FOR SALE

7 Emerald Dr Key West, FL 33040

Estimated Value: $1,035,000 - $1,338,000

2 Beds
2 Baths
1,350 Sq Ft
$892/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $975,000 $722 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,935/month

2 Days on Market

Highlights

  • In Ground Pool
  • Home fronts a canal
  • Stainless Steel Appliances
  • Gulf View
  • No HOA
  • 1-minute walk to The Park

About This Home

As of June 2021

This home is located at 7 Emerald Dr, Key West, FL 33040 since 30 May 2021 and is currently estimated at $1,203,803, approximately $891 per square foot. This property was built in 1980. 7 Emerald Dr is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High School.

Last Agent to Sell the Property

Tom Mclaughlin

Coldwell Banker Schmitt Real Estate Co. (KW) License #SL3286320 Listed on: 05/30/2021

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Tom Mclaughlin

Coldwell Banker Schmitt Real Estate Co. (KW) License #SL3286320 Listed on: 05/30/2021

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,531

Year Built

  • Built in 1980

Lot Details

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

Property Views

  • Gulf
  • Canal

Home Design

  • 1,350 Sq Ft Home

Kitchen

  • Oven
  • Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Fiberglass Pool

Outdoor Features

  • Davits
  • Seawall

Utilities

  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00156250-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,531

Year Built

Built in 1980

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: Concrete
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Big Coppitt
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 10.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4530.68
  • Year Built: 1980
  • Alternate Key Number: 1201677
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Lot Sq Ft: 8000.00
  • Pool Info: Fiberglass, In Ground
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1350.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Microwave, Stainless Steel Appliance(s), Refrigerator, Range, Oven
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Bay/Gulf View, Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00156250-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2021
Closed on
May 24, 2021
Sold by
Groff James S and Groff Agata
Bought by
Reinkemeyer Steven
Seller's Agent
Tom Mclaughlin
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Tom Mclaughlin
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$975,000
Sold Price
$975,000
Current Estimated Value
$1,203,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,803
Avg. Annual Appreciation
4.69%
Original Mortgage
$171,350
Outstanding Balance
$154,119
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,049,684

Purchase Details

Listed on
Apr 1, 2014
Closed on
Dec 22, 2014
Sold by
Rodriguez Raymond C and Rodriguez Sharon
Bought by
Groff James S and Wislocka Agata
Seller's Agent
Margarita Villoch
Island Group Realty
Buyer's Agent
Margarita Villoch
Island Group Realty
List Price
$449,000
Sold Price
$405,990
Premium/Discount to List
-$43,010
-9.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%
Original Mortgage
$365,391
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 27, 2010
Sold by
Rodriguez Raymond C and Rodriguez Sharon Eve
Bought by
Rodriguez Raymond C

Purchase Details

Closed on
Feb 1, 1975
Bought by
Groff James S and Groff Agata
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Reinkemeyer Steven $975,000 Attorney
Groff James S $406,000 None Available
Rodriguez Raymond C -- Attorney
Groff James S $8,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reinkemeyer Steven $171,350
Open Reinkemeyer Steven $608,350
Previous Owner Groff James S $365,391
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2021 06/01/21 Sold $975,000 0.0% $722 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/30/2021 05/30/21 For Sale $975,000 +140.2% $722 / Sq Ft
12/22/2014 12/22/14 Sold $405,990 -9.6% $301 / Sq Ft View Prior Sale
11/17/2014 11/17/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $449,000 -- $333 / 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 $7,689 $919,663 -- --
2024 $7,406 $893,745 -- --
2023 $7,406 $867,714 $0 $0
2022 $7,202 $842,441 $336,000 $506,441
2021 $4,555 $495,086 $0 $0
2020 $4,531 $488,251 $224,000 $264,251
2019 $4,469 $480,130 $0 $0
2018 $4,496 $471,178 $230,280 $240,898
2017 $4,419 $467,306 $0 $0
2016 $4,449 $457,695 $0 $0
2015 $4,581 $454,513 $0 $0
2014 $3,249 $310,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tom Mclaughlin

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 296-7727

    4 in this area

    36 Total Sales

    Tom Mclaughlin
    Section Image

  • M

    Seller's Agent in 2014

    Margarita Villoch

    Island Group Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596331

Florida Keys Board of REALTORS®

APN: 00156250-000000

Florida Monroe County Key West 33040

7 Emerald Dr, Key West, FL

Not Listed for Sale

Detached

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