$325,000
SOLD MAR 30, 2017

87455 Old Hwy Unit 250 Islamorada, FL 33036

2 Beds
1.5 Baths
989 Sq Ft
2 Acres

Recently Sold

$329 Per Sq Ft

12% Below List Price

221 Days on Market

Highlights

  • Ocean Front
  • Heated In Ground Pool
  • Complete Accordion Shutters
  • Plantation Key School Rated A-
  • Balcony
  • 1-minute walk to Indian Key

About This Home

As of September 2022

OCEAN VIEWS! Remodeled 2 bedroom/1.5 bath townhouse in Islamorada. Kitchen has granite countertops, sliders in cabinets and reverse osmosis water filtration; Impact resistant sliding door to balcony, sound padding in shared wall & under first floor tile; upstairs bathroom enlarged by 2' w/ spa tub; washer/ dryer in unit, 2 upstairs balconies enclosed, accordion shutters, covered parking spot...

Last Agent to Sell the Property

Claire Johnson

Coastal Realty of the Florida Keys License #3046906 Listed on: 07/21/2016

Coastal Realty of the Florida Keys

Last Buyer's Agent

Andrea (Andi) Saylor

Keys Holiday Rentals, Inc. License #3156364

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 1977

Lot Details

  • Ocean Front

Home Design

  • Concrete Roof

Interior Spaces

  • 989 Sq Ft Home
  • Ocean Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Electric Gate
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated In Ground Pool
  • Balcony

Utilities

  • Central Air
  • Water Purifier
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00415160-007700

Community Details

Overview

  • Property has a Home Owners Association
  • $512 Maintenance Fee
  • Association fees include bldg exterior mnt, sewer, water, exterminating, common area mnt, building insurance
  • 81 Units
  • Plant By The Sea Subdivision
  • Rental Restrictions

Pet Policy

  • Pet Restriction: 1 pet under 20lbs

Security

  • Complete Accordion Shutters
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,082

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • Association Approval Required: Yes
  • Maintenance Fee: 512.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Sewer, Water, Exterminating, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Plantation Key
  • Limited Representation: No
  • Mile Marker: 87.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: 1 pet under 20lbs
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 1081.73
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Guest Parking, Covered Parking
  • Year Built: 1977
  • Alternate Key Number: 1511366
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 989.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Water Purification, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Concrete Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE
  • Parcel Number: 00415160-007700
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Units: 81.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Sep 27, 2022
Sold by
1Adnil Llc
Bought by
Watkins David Ian and Watkins Michelle
Seller's Agent
Vanessa J Chamizo
Coldwell Banker Schmitt Islamorada
Buyer's Agent
The Jude Lindback Te
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Current Estimated Value
$621,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,928
Avg. Annual Appreciation
1.28%
Original Mortgage
$562,600
Outstanding Balance
$543,394
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$78,534

Purchase Details

Listed on
Mar 24, 2021
Closed on
Apr 27, 2021
Sold by
Meier Michael J and Meier Julie L
Bought by
1 Adnil Llc
Seller's Agent
Lorie Leal
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Vanessa J. Chamizo, Professional Agent
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.91%

Purchase Details

Listed on
Jul 21, 2016
Closed on
Mar 30, 2017
Sold by
Davisson Diana K and The Diana K Living Trust
Bought by
Meier Michael J and Meier Julie L
Seller's Agent
Claire Johnson
Coastal Realty of the Florida Keys
Buyer's Agent
Andrea (Andi) Saylor
Keys Holiday Rentals, Inc.
List Price
$369,000
Sold Price
$325,000
Premium/Discount to List
-$44,000
-11.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$260,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1996
Sold by
Dacisson Diana K
Bought by
Diana K Davisson Living Trust

Purchase Details

Closed on
Jun 1, 1987
Bought by
Davisson Diana K L and Davisson E

Purchase Details

Closed on
Nov 1, 1978
Bought by
Davisson Diana K L and Davisson E
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 Type Sale Price Title Company
Warranty Deed $600,000 --
Warranty Deed $375,000 Coral Reef Title Company
Warranty Deed $325,000 Attorney
Quit Claim Deed $100 --
Warranty Deed $81,500 --
Deed $33,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $562,600 New Conventional
Previous Owner $260,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $600,000 +0.2% $607 / Sq Ft
08/02/2022 08/02/22 Price Changed $599,000 -4.2% $606 / Sq Ft
06/30/2022 06/30/22 For Sale $625,000 +66.7% $632 / Sq Ft
04/27/2021 04/27/21 Sold $375,000 -6.3% $379 / Sq Ft
03/24/2021 03/24/21 For Sale $400,000 +23.1% $404 / Sq Ft
03/30/2017 03/30/17 Sold $325,000 -11.9% $329 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
07/21/2016 07/21/16 For Sale $369,000 -- $373 / 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 $5,048 $498,644 -- $498,644
2023 $5,048 $498,644 $0 $498,644
2022 $4,425 $425,740 $0 $425,740
2021 $3,211 $279,642 $0 $279,642
2020 $3,290 $286,541 $0 $286,541
2019 $2,801 $272,742 $0 $272,742
2018 $2,794 $272,742 $0 $0
2017 $2,504 $206,014 $0 $0
2016 $2,532 $196,675 $0 $0
2015 $1,082 $97,570 $0 $0
2014 $1,082 $96,796 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 571522

Florida Keys Board of REALTORS®

APN: 00415160-007700