NOT LISTED FOR SALE

8 Sadowski Key Colony, FL 33051

Estimated Value: $1,410,481 - $1,494,000

3 Beds
3 Baths
1,440 Sq Ft
$1,015/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $550,000 $382 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $8,496/month

314 Days on Market

Highlights

  • Beach
  • Dock made with wood
  • Property Fronts a Bay or Harbor
  • Coral Shores High School Rated A
  • Boat Lift
  • Furnished

About This Home

As of March 2014

When you're here, you are home! Enjoy Island living without leaving the country. This remodeled 3 bedroom/3 bath home is being offered furnished, with excellent access to the only live reef in the United States from your private dock. Bring your toothbrush, swimsuit, and a change of clothes and leave the hustle and bustle and your everyday cares behind.

Last Agent to Sell the Property

William Gustafson

Key Colony Beach Realty Listed on: 05/01/2013

Co-Listed By

Clayton Eastlack

Prestige Realty Group MTH

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 1960

Lot Details

  • 4,400 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Fenced
  • Sprinkler System
  • Property is zoned R-2B - Key Colony Two Family

Interior Spaces

  • 1,440 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Automatic Garage Door Opener
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Boat Lift
  • Dock made with wood
  • Screened Patio

Location

  • Ground Level

Utilities

  • Central Air
  • Heat Pump System
  • Programmable Thermostat
  • Separate Meters
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00079640-000000

Community Details

Overview

  • No Home Owners Association
  • Marina Sub Subdivision
  • Rental Restrictions

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,099

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 8
  • Dockage Dock: Wood
  • Dockage Dock Length: 30
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 54.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3098.89
  • Title: Title Ins - Buyer
  • Vehicle Storage: Attached, Off Street Parking, Open Parking, Garage, Auto Door Opener
  • Year Built: 1960
  • Alternate Key Number: 1086789
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Central Air
  • Lot Sq Ft: 4400.00
  • Porch Balcony: Screened Patio
  • Shutters: Accordion
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1440.00
  • Pre Wired: Cable
  • G F Interior Features: Programmable Thermst
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Dade County Pine, Smoke Alarms, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Oven, Dryer, Disposal
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: Combo Construction
  • Exterior Features: Fencing, Sprinkler System
  • Waterview: Open Water View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, Water Separate Meter, Municipal Sewer, Elect Separate Meter, FKAA, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00079640-000000
  • Lot Size: 40' x 110'
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
Mar 26, 2014
Sold by
Sloan Richard M and Sloan Barbara A
Bought by
Jordan John J and Jordan Teri L
Seller's Agent
William Gustafson
Key Colony Beach Realty
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%
Current Estimated Value
$1,461,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$911,620
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Feb 10, 1999
Sold by
Stephens Bradford H
Bought by
Sloan Richard M and Sloan Barbara A

Purchase Details

Closed on
Jun 12, 1997
Sold by
Sutherland Robert O and Sutherland Ann J
Bought by
Sloan Richard M and Sloan Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
8.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1987
Bought by
Jordan John J and Jordan Teri L

Purchase Details

Closed on
Oct 1, 1981
Bought by
Jordan John J and Jordan Teri L

Purchase Details

Closed on
Mar 1, 1978
Bought by
Jordan John J and Jordan Teri L
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 Buyer Sale Price Title Company
Jordan John J $550,000 Attorney
Sloan Richard M $110,000 --
Sloan Richard M $119,000 --
Jordan John J $82,500 --
Jordan John J $60,000 --
Jordan John J $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sloan Richard M $190,000
Previous Owner Sloan Richard M $95,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2014 03/31/14 Sold $550,000 -15.4% $382 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
05/01/2013 05/01/13 For Sale $650,000 -- $451 / 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
2024 $8,498 $997,365 $596,904 $400,461
2023 $8,498 $972,695 $585,200 $387,495
2022 $7,674 $868,953 $478,720 $390,233
2021 $6,813 $633,897 $283,492 $350,405
2020 $5,858 $599,669 $268,532 $331,137
2019 $5,770 $590,318 $268,532 $321,786
2018 $5,856 $581,507 $268,532 $312,975
2017 $5,590 $587,541 $0 $0
2016 $5,228 $505,055 $0 $0
2015 $4,887 $465,318 $0 $0
2014 $3,835 $414,189 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 561049

Florida Keys Board of REALTORS®

APN: 00079640-000000