$602,000
SOLD SEP 16, 2024

74 Pelican Ln Big Pine Key, FL 33043

3 Beds
3 Baths
1,152 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$523 Per Sq Ft

4% Below List Price

83 Days on Market

About This Home

As of September 2024

Picturesque Big Pine Key retreat on a quiet street but just minutes to town! This well-appointed home offers an open-concept main living space ideal for entertaining, with soaring ceilings and loads of natural light. Dade County Pine wood flooring throughout the great room and main bedrooms, adds warmth and Old Florida charm to the space. The kitchen boasts stainless steel appliances, abundant cabinetry and prep space, and peninsula with seating. Retire to a generous primary bedroom with en suite bathroom. An upstairs laundry closet provides added convenience. Downstairs, this well kept lot is a canvas for customizing your perfect backyard oasis. Enjoy year-round temperate weather via kayak or paddleboard in the plugged canal. Rinse off in the convenient outdoor shower, and entertain guests by the waterside while grilling up your fresh catch in the shade of the covered carport. A spacious storage shed offers room for storing tools and equipment out of the elements. Loads of parking and trailer storage on this sizable lot, with both covered and open parking. Enjoy abundant peace and tranquility at this fantastic Big Pine Key gem, in a well-established neighborhood but in proximity to delectable dining and grocery stores! Call to schedule a tour today!

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 05/10/2024

Coldwell Banker Schmitt Lower Keys (KW)

Co-Listed By

Banks Prevatt

Coldwell Banker Schmitt RE Co. Lower Keys Office License #3055936

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,947

Year Built

1988

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
  • Fee Includes: None
  • Key Island: Big Pine Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 30.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3946.54
  • Title: Negotiable
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking, Open Parking
  • Year Built: 1988
  • Alternate Key Number: 1313289
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6000.00
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1152.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Bar, Storage, Built-in Cabinets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: Plugged Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Shed, Outdoor Shower
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00245380-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Sep 16, 2024
Sold by
Spellman Robert L and Spellman Judith L
Bought by
Molina Yunior Lazaro
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Creative Technology
List Price
$624,900
Sold Price
$602,000
Premium/Discount to List
-$22,900
-3.66%
Views
277
Current Estimated Value
$716,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,045
Avg. Annual Appreciation
21.79%
Original Mortgage
$571,900
Outstanding Balance
$568,892
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$147,153

Purchase Details

Listed on
Nov 8, 2019
Closed on
Mar 27, 2020
Sold by
Prosser John
Bought by
Spellman Robert L and Spellman Judith L
Seller's Agent
Banks Prevatt
Coldwell Banker Schmitt RE Co. Lower Keys Office
Buyer's Agent
Robert Spellman
EXP Realty LLC
List Price
$230,000
Sold Price
$208,000
Premium/Discount to List
-$22,000
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.77%

Purchase Details

Closed on
May 3, 2002
Sold by
Ruben P Deihl I
Bought by
Prosser John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
7.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 8, 2000
Bought by
Prosser John

Purchase Details

Closed on
Dec 1, 1995
Bought by
Prosser John

Purchase Details

Closed on
May 1, 1987
Bought by
Prosser John

Purchase Details

Closed on
Jun 1, 1984
Bought by
Prosser John
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $602,000 None Listed On Document
Warranty Deed $208,600 True Title Agency
Warranty Deed $170,200 --
Warranty Deed -- --
Deed $155,000 --
Warranty Deed $46,100 --
Warranty Deed $16,000 --
Warranty Deed $7,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $571,900 New Conventional
Previous Owner $134,949 New Conventional
Previous Owner $170,000 New Conventional
Previous Owner $136,110 New Conventional
Previous Owner $17,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $602,000 +0.5% $523 / Sq Ft
05/14/2024 05/14/24 Price Changed $599,000 -4.1% $520 / Sq Ft
05/10/2024 05/10/24 For Sale $624,900 +200.4% $542 / Sq Ft
03/27/2020 03/27/20 Sold $208,000 -9.6% $181 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
11/08/2019 11/08/19 For Sale $230,000 -- $200 / Sq Ft
Source: Key West Association 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 $3,947 $462,949 $297,000 $165,949
2023 $3,947 $456,548 $301,500 $155,048
2022 $3,555 $379,014 $244,500 $134,514
2021 $3,238 $275,765 $157,500 $118,265
2020 $3,080 $256,265 $138,000 $118,265
2019 $1,701 $147,749 $0 $0
2018 $1,985 $175,470 $102,000 $73,470
2017 $2,173 $197,174 $0 $0
2016 $2,179 $193,119 $0 $0
2015 $2,236 $191,777 $0 $0
2014 $2,345 $195,715 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 609942

Key West Association of REALTORS®

APN: 00245380-000000