NOT LISTED FOR SALE

701 Spanish Main Dr Unit 422 Cudjoe Key, FL 33042

Cudjoe Key Neighborhood

Estimated Value: $211,458 - $244,000

0.05 Acre
$5,105,761 Price per Acre
2,038 Sq Ft Lot

Last Sold August 27, 2012

Last sale price $70,000

Est. 236% increase in value since last sale

Current estimated payment $1,722/month

135 Days on Market

Highlights

  • Boat Ramp
  • Gated with Attendant
  • Community Pool
  • Tennis Courts
  • Clubhouse
  • 1-minute walk to Loop Road

About This Lot

As of August 2012

Fabulous corner lot with protection from the north wind and facing southeast for the prevailing tradewinds. Features concrete pad, large driveway, dock box and lovely perimeter landscaping and is close to a bath house. Venture Out is a 24hr. secured gated community with heated pool, hot tub, marina, ship store, tennis, boat storage, activities and so much more!

Last Listed By

Trish 'Roy' Brummer

Prestige Realty BPK Listed on: 04/02/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $797

Year Built

  • 1978

Lot Details

  • 2,038 Sq Ft Lot
  • Lot Dimensions are 35 x 52 x 20 x 17 x 70
  • Cleared Lot
  • Property is zoned RV - Recreational Vehicle District

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Electric Gate

Utilities

  • Underground Utilities
  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00188681-042400

Community Details

Overview

  • Venture Out Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Pool
  • Tennis Courts

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Property Type

Land

Est. Annual Taxes

$797

Year Built

1978

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Mile Marker: 23.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Fire Hydrant, Manager on Premises, Community Boat Ramp, Community Pool, Tennis Courts
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Property Rights: Transient License
  • Side: Ocean
  • State Province: FL
  • Taxes: 796.70
  • Title: Negotiable
  • Alternate Key Number: 1244864
  • Lot Sq Ft: 2038.00
  • Species List: No
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 750.58
  • Association Maintenance Fee Per: Quarterly
  • Mandatory HOA: Yes
  • Existing Utilities: Undergrnd Utilities, Other Utilities, Water Meter, Water Line, Sewer, Electric on Site, Street Lights
  • Location Site: Cleared Site
  • Lot Dimensions: 35 x 52 x 20 x 17 x 70
  • Miscellaneous Info Mobile Home Lot: Yes
  • Miscellaneous Info Recorded Plat: Yes
  • Miscellaneous Info R V Lot: Yes
  • Survey Available: No
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1978

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Waterview: No Waterview

Utilities

  • Security: Electric Gate, Patrolled Area, Manned Gate

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00188681-042400
  • Land Size: Less Than 1/4 Acre
  • Building Permit: No Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2012
Closed on
Aug 27, 2012
Sold by
Hughes William and Hughes Judith
Bought by
Winterling Leo F and Winterling Jami N
Seller's Agent
Trish 'Roy' Brummer
Prestige Realty BPK
Buyer's Agent
Trish 'Roy' Brummer
Prestige Realty BPK
List Price
$86,000
Sold Price
$70,000
Premium/Discount to List
-$16,000
-18.6%
Total Days on Market
135
Current Estimated Value
$234,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,865
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
Aug 27, 2003
Sold by
Ringelheim Allan M and Ringelheim Ilene
Bought by
Hughes William and Hughes Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 12, 2002
Sold by
Ivan Morris M and Marie Tru L Morris M
Bought by
Ringelheim Allan M and Ringelheim Ilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2001
Bought by
Winterling Leo F and Winterling Jami N

Purchase Details

Closed on
Jul 18, 1995
Sold by
Holtry Frank and Holtry Julia
Bought by
Bury Michael Joseph

Purchase Details

Closed on
Jul 1, 1995
Bought by
Winterling Leo F and Winterling Jami N

Purchase Details

Closed on
Sep 1, 1993
Bought by
Winterling Leo F and Winterling Jami N

Purchase Details

Closed on
Mar 1, 1981
Bought by
Winterling Leo F and Winterling Jami N

Purchase Details

Closed on
Mar 1, 1979
Bought by
Winterling Leo F and Winterling Jami N

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
Winterling Leo F $70,000 True Title Agency Inc
Hughes William $90,000 First American Title Ins Co
Ringelheim Allan M $41,500 --
Winterling Leo F $37,500 --
Bury Michael Joseph -- --
Winterling Leo F $39,900 --
Winterling Leo F $35,000 --
Winterling Leo F $13,000 --
Winterling Leo F $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes William $50,000
Previous Owner Ringelheim Allan M $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2012 08/27/12 Sold $70,000 -18.6% --
08/15/2012 08/15/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $86,000 -- --
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
2024 $1,973 $213,654 $211,824 $1,830
2023 $1,973 $189,327 $187,497 $1,830
2022 $1,768 $141,644 $139,814 $1,830
2021 $1,746 $138,246 $136,770 $1,476
2020 $1,677 $131,651 $130,175 $1,476
2019 $1,532 $103,244 $101,768 $1,476
2018 $1,489 $99,597 $98,217 $1,380
2017 $1,356 $76,264 $0 $0
2016 $1,286 $61,280 $0 $0
2015 $1,309 $59,586 $0 $0
2014 $1,378 $63,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 557684

Florida Keys Board of REALTORS®

APN: 00188681-042400