NOT LISTED FOR SALE

Estimated Value: $1,014,940 - $1,235,000

3 Beds
3 Baths
1,570 Sq Ft
$733/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $605,000 $385 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,423/month

164 Days on Market

Highlights

  • Airstrip
  • Boat Ramp
  • Home fronts a canal
  • Coral Shores High School Rated A
  • Beach
  • Deck

About This Home

As of April 2020

''Keys Charm'' Coral House on Coral Lane''$50K PRICE REDUCTION'' Key Colony Beach SINGLE FAMILY Home, Oversized 3 Bedroom/3 Baths, would be a great Family Home or a Profitable Investment/Vacation Rental property, as it has a (7) day Vacation Rental License in place. All NEW, beautifully, totally remodeled in 2018, Lovely Kitchen with Granite, Stainless Appliances, Oversized Bedrooms with (2) Queen Beds in two bedrooms and a King Bed in the other, large closets, Lots of space for entertaining or family gatherings, convenient Boating 40' Dock, fully furnished, located in desirable Key Colony Beach. A Rare Opportunity, enjoy a ''Lock and Leave Home'' or start making money right away.

Last Agent to Sell the Property

Brenda Alexander, Broker

East Coast Waterfront Properties Listed on: 10/06/2019

Last Buyer's Agent

Heather Bennett

Florida Keys Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,046

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 4,023 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Fenced
  • Property is zoned R-1A - Key Colony Single Family

Parking

  • Open Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,570 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Single Hung Windows
  • Sliding Doors
  • Workshop
  • Storage
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Airstrip
  • Balcony
  • Deck
  • Patio
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00079170-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,046

Year Built

Built in 1971 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock Length: 40
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Community Boat Ramp, Community Pool, Bike Paths, Beach
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4045.62
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking
  • Year Built: 1971
  • Alternate Key Number: 1086291
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Heat, Central Air
  • Lot Sq Ft: 4023.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • License Info Number Of County License: yes
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1570.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Window Treatments, Walk-in Closet(s), Storage, Split Bedroom, Granite Counter Top, Drapes/Blinds Incl
  • Floor Number: 1.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Ice Machine, Oven, Microwave, Dryer
  • Floor: Tile
  • Specialty Rooms: Workshop
  • Windows/Doors: Glass Doors, Single Hung Windows, Sliding Glass Doors, Impact Rstnce Doors
  • Total Bedrooms: 3
  • Sq Ft Remarks: Tax Roll reflects:Gross Sq. Ft. 1802

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence
  • Roof: Other Roof
  • Waterview: Canal View

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE8
  • Parcel Number: 00079170-000000
  • Lot Size: 4023
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2019
Closed on
May 5, 2020
Sold by
Brown Dirt Llc
Bought by
Arlotta Michael and Arlotta Tracy E
Seller's Agent
Brenda Alexander, Broker
East Coast Waterfront Properties
Buyer's Agent
Heather Bennett
Florida Keys Real Estate Co. (KW)
List Price
$699,000
Sold Price
$605,000
Premium/Discount to List
-$94,000
-13.45%
Current Estimated Value
$1,150,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,735
Avg. Annual Appreciation
12.64%
Original Mortgage
$405,000
Outstanding Balance
$362,393
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$788,342

Purchase Details

Listed on
Oct 6, 2019
Closed on
Apr 30, 2020
Sold by
Brown Dirt Llc
Bought by
Arlotta Michael and Arlotta Tracy E
Seller's Agent
Brenda Alexander, Broker
East Coast Waterfront Properties
Buyer's Agent
Heather Bennett
Florida Keys Real Estate Co. (KW)
List Price
$699,000
Sold Price
$605,000
Premium/Discount to List
-$94,000
-13.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$362,393
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$788,342

Purchase Details

Listed on
Oct 6, 2019
Closed on
Mar 30, 2020
Sold by
Brown Dirt Llc
Bought by
Arlotta Michael and Arlotta Tracy E
Seller's Agent
Brenda Alexander, Broker
East Coast Waterfront Properties
Buyer's Agent
Heather Bennett
Florida Keys Real Estate Co. (KW)
List Price
$699,000
Sold Price
$605,000
Premium/Discount to List
-$94,000
-13.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$362,393
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$788,342

Purchase Details

Closed on
Apr 30, 2015
Sold by
Waldera Christopher B
Bought by
Perez Edward G

Purchase Details

Closed on
Aug 5, 2005
Sold by
Williams Jayme and Williams Erica
Bought by
Brown Dirt Llc

Purchase Details

Closed on
Feb 24, 2004
Sold by
Cue Ramon and Cue Victor M
Bought by
Killmer Edward J and Williams Jayme

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2002
Sold by
S/D Investment Corp C
Bought by
Cue Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 1999
Sold by
Mcdonald Malcolm T and Mcdonald Matthew S
Bought by
S & D Investment Corporation

Purchase Details

Closed on
May 1, 1988
Bought by
Brown Dirt Llc

Purchase Details

Closed on
Dec 1, 1986
Bought by
Brown Dirt Llc

Purchase Details

Closed on
Feb 1, 1972
Bought by
Brown Dirt Llc
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
Arlotta Michael $605,000 None Listed On Document
Arlotta Michael $605,000 Attorney
Arlotta Michael $605,000 None Listed On Document
Perez Edward G -- Attorney
Brown Dirt Llc $1,050,000 --
Killmer Edward J $675,000 --
Cue Victor $180,000 --
Cue Ramon $165,000 --
S & D Investment Corporation $216,000 --
Brown Dirt Llc $140,000 --
Brown Dirt Llc $103,000 --
Brown Dirt Llc $35,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arlotta Michael $405,000
Closed Arlotta Michael $405,000
Closed Arlotta Michael $405,000
Previous Owner French Arleen N $300,000
Previous Owner Killmer Edward J $330,000
Previous Owner S & D Investment Corporation $180,000
Closed Killmer Edward J $277,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $605,000 -3.2% $385 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
02/17/2020 02/17/20 Price Changed $625,000 -7.4% $398 / Sq Ft
01/08/2020 01/08/20 Price Changed $675,000 -3.4% $430 / Sq Ft
10/06/2019 10/06/19 For Sale $699,000 -- $445 / 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 $4,157 $432,826 -- --
2023 $4,157 $420,220 $0 $0
2022 $4,001 $407,981 $0 $0
2021 $4,019 $396,099 $0 $0
2020 $5,307 $503,631 $247,656 $255,975
2019 $4,858 $454,540 $247,656 $206,884
2018 $4,505 $459,049 $247,656 $211,393
2017 $4,304 $495,506 $0 $0
2016 $3,959 $408,032 $0 $0
2015 $3,513 $331,629 $0 $0
2014 $3,263 $288,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587688

Florida Keys Board of REALTORS®

APN: 00079170-000000