NOT LISTED FOR SALE

88963 Old Hwy Islamorada, FL 33036

Estimated Value: $698,000

2 Beds
2 Baths
930 Sq Ft
$751/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $386,500 $416 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,120/month

211 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 1-minute walk to Indian Key
  • Plantation Key School Rated A-
  • Central Air

About This Home

As of March 2021

Islamorada cute cottage nestled on a large corner lot! Perfect for a primary or vacation home. Frame Modular charming home offers 2 bedrooms and 2 baths with travertine flooring, marble counter tops, and Central AC. Open vaulted ceilings in the living area with plenty of windows and a split bedroom layout. High elevation built 1 ft above flood. Located off Old Highway with front of home facing Schooner Bay Dr. nestled in beautiful mature landscaping. A must see!

Last Agent to Sell the Property

Claudette Mell

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #3015412 Listed on: 07/05/2020

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Jim Signor

Coldwell Banker Schmitt Key Largo

Coldwell Banker Schmitt Key Largo

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,133

Year Built

  • Built in 1992

Lot Details

  • 7,375 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 930 Sq Ft Home
  • 1-Story Property
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00419295-001501

Community Details

Overview

  • No Home Owners Association
  • Trop Coral Reef Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,133

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 89.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3133.30
  • Vehicle Storage: Off Street Parking
  • Year Built: 1992
  • Alternate Key Number: 8902042
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 7375.00
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 930.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Refrigerator, Range
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Modular
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00419295-001501
  • Lot Size: 75x59x85x112
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2015
Closed on
Oct 1, 2015
Sold by
Pohlmann Herbert C
Bought by
Fifty Fifty Jv Llc
Seller's Agent
Alina Davis
Coldwell Banker Schmitt Islamorada
Buyer's Agent
STEVEN CONLEY, LLC
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
List Price
$339,000
Sold Price
$300,000
Premium/Discount to List
-$39,000
-11.5%
Current Estimated Value
$698,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,000
Avg. Annual Appreciation
8.78%

Purchase Details

Closed on
Sep 11, 2014
Sold by
Sands George Howard
Bought by
Pohlmann Herbert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 2, 1993
Sold by
Sands George H and Sands Judy S
Bought by
T I B Bk Keys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1990
Bought by
Fifty-Fifty Jv Llc
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
Fifty Fifty Jv Llc $300,000 Attorney
Pohlmann Herbert C $192,500 Florida Title Of The Keys
T I B Bk Keys -- --
Fifty-Fifty Jv Llc $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pohlmann Herbert C $112,500
Previous Owner T I B Bk Keys $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2021 03/30/21 Sold $386,500 -0.6% $416 / Sq Ft
01/28/2021 01/28/21 Price Changed $389,000 +1.0% $418 / Sq Ft
12/03/2020 12/03/20 Price Changed $385,000 -3.5% $414 / Sq Ft
07/05/2020 07/05/20 For Sale $399,000 +33.0% $429 / Sq Ft
10/02/2015 10/02/15 Sold $300,000 -11.5% $323 / Sq Ft View Prior Sale
09/19/2015 09/19/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $339,000 -- $365 / 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 $5,034 -- -- --
2023 $4,947 -- -- --
2022 $4,947 $0 $0 $0
2021 $3,699 -- -- --
2020 $3,699 $302,454 $174,234 $128,220
2019 -- $216,363 $85,181 $131,182
2018 -- $218,268 $84,370 $133,898
2017 -- $271,533 $0 $0
2016 -- $255,605 $0 $0
2015 -- $162,205 $0 $0
2014 -- $163,714 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Claudette Mell

    Seller's Agent in 2021

    Claudette Mell

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

    (305) 393-1839

    49 in this area

    108 Total Sales

    Claudette Mell
    Section Image

  • J

    Buyer's Agent in 2021

    Jim Signor

    Coldwell Banker Schmitt Key Largo

    Section Image

  • J

    Buyer's Agent in 2021

    Jim Signor The KeysListings Group

    LoKation Real Estate

  • A

    Seller's Agent in 2015

    Alina Davis

    Coldwell Banker Schmitt Islamorada

    (305) 743-5181

    114 in this area

    148 Total Sales

    Alina Davis
    Section Image

  • S

    Buyer's Agent in 2015

    STEVEN CONLEY, LLC

    Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

  • S

    Buyer's Agent in 2015

    Steve Conley

    Hogfish Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591565

Florida Keys Board of REALTORS®

APN: 00419295-001501

Florida Monroe County Islamorada 33036

88963 Old Hwy, Islamorada, FL

This home is located at 88963 Old Hwy, Islamorada, FL 33036 since 05 July 2020 and is currently estimated at $698,000, approximately $750 per square foot. This property was built in 1992. 88963 Old Hwy is a home located in Monroe County with nearby schools including Plantation Key School, Coral Shores High School, and Treasure Village Montessori Charter School.

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.

Florida Keys Board 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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