NOT LISTED FOR SALE

8 Sapphire Dr Key West, FL 33040

Estimated Value: $963,000 - $1,064,000

2 Beds
2 Baths
1,480 Sq Ft
$681/Sq Ft Est. Value

Sale Details

Date Sold: January 29, 2021

Last sale price $600,000 $405 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,014 / mo

94 Days on Market

Highlights

  • Dock made with wood
  • Home fronts a canal
  • No HOA
  • Gulf View
  • Deck
  • 1-minute walk to Marathon Rotary Park

About This Home

As of January 2021

This stilted home is located on a large, canal-front lot with quick access to open water. It features a new wraparound deck, oversized fenced in yard, new multi-tiered wooden dock, and legal downstairs storage. Newly updated with lovely interior details throughout include travertine tile flooring, ceiling fans, skylights, all new appliances, and two renovated bathrooms. Spacious master has an en suite bathroom, and access to rear deck overlooking canal. Home has an open floor plan with new kitchen overlooking large living area. All new windows and french doors are impact rated and metal roof was recently replaced. The entire property has been freshly painted inside and out.

Last Agent to Sell the Property

Jimmy Lane

Island Life Realty Experts License #664783 Listed on: 09/08/2020

Last Buyer's Agent

Miriam Novotny

Southernmost Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,355

Year Built

  • Built in 1985

Lot Details

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

Parking

  • Off-Street Parking

Property Views

  • Gulf
  • Canal

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,480 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Utility Room
  • Tile Flooring
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Dock made with wood
  • Deck
  • Patio
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • 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 00156030-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,355

Year Built

Built in 1985

Lot Details

8,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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: 4355.11
  • Vehicle Storage: Off Street Parking
  • Year Built: 1985
  • Alternate Key Number: 1201456
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 8000.00
  • Porch Balcony: Deck, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1480.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Sky Light(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00156030-000000
  • Lot Size: 80 X 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

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 8, 2020
Closed on
Jan 28, 2021
Sold by
Bought by
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
Miriam Novotny
Southernmost Realty (KW)
List Price
$619,000
Sold Price
$600,000
Premium/Discount to List
-$19,000
-3.07%
Current Estimated Value
$1,007,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,513
Avg. Annual Appreciation
10.09%
Original Mortgage
$480,000
Outstanding Balance
$426,124
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$581,389

Purchase Details

Closed on
Jun 30, 2005
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
$500,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1983
Bought by

Purchase Details

Closed on
Oct 1, 1981
Bought by

Purchase Details

Closed on
Nov 1, 1979
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$600,000 Florida Title Professional
$750,000 --
$28,000 --
$20,000 --
$5,500 --
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 $480,000
Previous Owner $500,000
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
01/29/2021 01/29/21 Sold $600,000 -3.1% $405 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $619,000 -- $418 / Sq Ft
Source: Key West Association 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 $7,245 $836,168 $564,000 $272,168
2024 $6,488 $874,533 $560,000 $314,533
2023 $6,488 $776,877 $488,000 $288,877
2022 $5,583 $573,274 $336,000 $237,274
2021 $4,853 $456,951 $240,000 $216,951
2020 $4,661 $431,999 $224,000 $207,999
2019 $4,355 $397,477 $228,000 $169,477
2018 $4,207 $371,228 $230,280 $140,948
2017 $4,192 $373,490 $0 $0
2016 $4,174 $373,349 $0 $0
2015 $4,075 $364,250 $0 $0
2014 $3,762 $292,045 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Lane

    Seller's Agent in 2021

    Jimmy Lane

    Island Life Realty Experts

    (305) 766-0585

    117 Total Sales

    Jimmy Lane
    Section Image

  • M

    Buyer's Agent in 2021

    Miriam Novotny

    Southernmost Realty (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 592444

Key West Association of REALTORS®

APN: 00156030-000000

Florida Monroe County Key West 33040

8 Sapphire Dr, Key West, 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.

Key West Association 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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