NOT LISTED FOR SALE

83249 Old Hwy Islamorada, FL 33036

Estimated Value: $2,289,979

2 Beds
2 Baths
2,779 Sq Ft
$824/Sq Ft Est. Value

Last Sold January 18, 2013

Last sale price $1,027,700 $370 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $13,485/month

21 Days on Market

Highlights

  • Ocean Front
  • Sandy Beach
  • Fruit Trees
  • Plantation Key School Rated A-
  • 1.1 Acre Lot
  • 1-minute walk to Founders Park

About This Home

As of January 2013

Paradise Found! Endless Sunrises, White Sand Beach, and a Charming Island Cottage. Estate Features a recently renovated 2 Bedroom/2 Bathroom Solid Concrete Home, Detached Garage/ Workshop, Central A/C, 1.1 Tropical Acres of land, PLUS a 1,700 SqFt 3 Unit Commercial Building. All located near popular restaurants and shopping in the Heart of Islamorada.

Last Agent to Sell the Property

Jocelyn Tiedemann

Ocean Sotheby's International Realty License #3112429 Listed on: 12/10/2012

Ocean Sotheby's International Realty

Last Buyer's Agent

Holly Hight

Ocean Sotheby's International Realty License #3234318

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,264

Year Built

  • Built in 1936

Lot Details

  • 1.1 Acre Lot
  • Ocean Front
  • Sandy Beach
  • Fruit Trees
  • Property is zoned R1 - Residential Single Family

Home Design

  • Key West Architecture
  • Concrete Roof
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,779 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Workshop
  • Storage
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Open Parking

Utilities

  • Central Air
  • Cistern

Additional Features

  • Handicap Accessible
  • Patio
  • Ground Level

Community Details

  • No Home Owners Association
  • Russell Estates Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00404250-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,264

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Upper Matecumbe Key Islamorada
  • Limited Representation: No
  • Mile Marker: 83.20
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 8263.95
  • Vehicle Storage: Detached, Open Parking
  • Year Built: 1936
  • Alternate Key Number: 1496529
  • Building Style: Ground Level, Conch
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 51000.00
  • Porch Balcony: Patio
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 2779.00
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Smoke Alarms, Dade County Pine
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Refrigerator, Stainless Steel Appliance(s), Oven
  • Floor: Tile, Terrazzo
  • Specialty Rooms: Workshop
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 2
  • Sq Ft Remarks: 2 bedroom house is 912 sq ft and 3 unit commercial building approx. 1,700 sq ft

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Concrete
  • Exterior Features: Fruit Tree(s), Sandy Beach
  • Roof: Metal Roof, Concrete Roof
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Cesspool, Cistern

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00404250-000000
  • Lot Size: irregular
  • Land Size: 1 Less Than 2 Acres
  • Acres: 1.10

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2012
Closed on
Jan 18, 2013
Sold by
Gregg Mark H
Bought by
Kisko Kenneth A and Kisko Barbara K
Seller's Agent
Jocelyn Tiedemann
Ocean Sotheby's International Realty
Buyer's Agent
Holly Hight
Ocean Sotheby's International Realty
List Price
$1,099,000
Sold Price
$1,027,700
Premium/Discount to List
-$71,300
-6.49%
Current Estimated Value
$2,289,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,262,279
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Mar 21, 2000
Sold by
Russell John C
Bought by
Gregg Mark H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
8.29%
Mortgage Type
Balloon
Source: Public Records

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
Kisko Kenneth A $1,027,700 Attorney
Gregg Mark H $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gregg Mark H $335,000
Previous Owner Gregg Mark H $341,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2013 01/18/13 Sold $1,027,700 -6.5% $370 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
12/10/2012 12/10/12 For Sale $1,099,000 -- $395 / 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 $11,377 $1,461,627 -- --
2023 $11,377 $1,332,946 $0 $0
2022 $10,737 $1,171,586 $0 $0
2021 $10,754 $1,127,664 $0 $0
2020 $10,605 $1,118,746 $0 $0
2019 $10,533 $1,107,342 $0 $0
2018 $6,003 $1,146,959 $919,836 $227,123
2017 $9,061 $859,676 $0 $0
2016 $9,372 $842,232 $0 $0
2015 $9,655 $845,460 $0 $0
2014 $9,714 $846,303 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 559747

Florida Keys Board of REALTORS®

APN: 00404250-000000