NOT LISTED FOR SALE

Estimated Value: $243,000 - $1,471,426

0.14 Acre
$5,473,601 Price per Acre
6,000 Sq Ft Lot

Last Sold June 01, 2021

Last sale price $175,000

Est. 332% increase in value since last sale

Current estimated payment $4,306/month

783 Days on Market

About This Lot

As of June 2021

Motivated Sellers. Tier 3 lot in line for building permit in future allocation. Please note that house photos are renderings. This property is being offered with all of this included: All engineering and shop drawings for dock, fill, boat lift and davits, all engineering and shop drawings for trusses (of which 50% - $2,500 has been paid on material to truss company), and all service from private provider engineering firm for construction. Seller is a building contractor and can build the home for the buyer if they wish.

Last Listed By

Banks Prevatt

Coldwell Banker Schmitt RE Co. Lower Keys Office License #3055936 Listed on: 03/15/2019

Coldwell Banker Schmitt RE Co. Lower Keys Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $848

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Property Views

  • Canal Views

Community Details

  • Cutthroat Harbor Est Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00182770-000000

Property Details

Property Type

Land

Est. Annual Taxes

$848

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 3
  • Document Count: 6
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Mile Marker: 23.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 848.40
  • Title: Negotiable
  • Alternate Key Number: 1234745
  • Dockage Dock Permit: Applied For
  • Lot Sq Ft: 6000.00
  • Species List: Yes
  • First Right of Refusal: Yes
  • Mandatory HOA: No
  • Miscellaneous Info Mobile Home Lot: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE
  • Parcel Number: 00182770-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Applied For Permit

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Wayne Buschman John
Bought by
Terpening Craig R
Total Days on Market
783
Current Estimated Value
$755,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2019
Closed on
Jun 2, 2021
Sold by
Jason Taylor Llc
Bought by
Terpening Craig R
Seller's Agent
Banks Prevatt
Coldwell Banker Schmitt RE Co. Lower Keys Office
Buyer's Agent
Creative Technology
List Price
$179,000
Sold Price
$175,000
Premium/Discount to List
-$4,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.08%
Original Mortgage
$180,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2020
Sold by
Hamel Innovation Builders Inc
Bought by
Jason Taylor Llc

Purchase Details

Closed on
Dec 30, 2019
Sold by
Hamel Innovation Builders Inc
Bought by
Jason Taylor Llc

Purchase Details

Closed on
May 8, 2015
Sold by
Coles Michael E
Bought by
Hamel Innovation Builder Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 3, 2014
Sold by
Coles Michael Ellis
Bought by
Coles Michael Ellis

Purchase Details

Closed on
Feb 1, 1976
Bought by
Hamel Innovation Builder Inc

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
Terpening Craig R $49,000 Hyperion Settlement Services I
Terpening Craig R $175,000 Hyperion Title
Jason Taylor Llc $52,000 None Listed On Document
Jason Taylor Llc $52,000 None Listed On Document
Hamel Innovation Builder Inc $80,000 True Title Agency Inc
Coles Michael Ellis -- Attorney
Hamel Innovation Builder Inc $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Terpening Craig R $500,000
Closed Terpening Craig R $95,000
Closed Terpening Craig R $55,000
Closed Terpening Craig R $55,000
Previous Owner Terpening Craig R $180,000
Previous Owner Hamel Innovation Builder Inc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $175,000 -9.1% --
05/06/2021 05/06/21 Pending -- -- --
03/05/2021 03/05/21 Price Changed $192,500 -2.5% --
02/16/2021 02/16/21 Price Changed $197,500 -13.0% --
07/16/2020 07/16/20 Price Changed $227,000 +26.8% --
03/15/2019 03/15/19 For Sale $179,000 -- --
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 $1,425 $271,920 $271,920 --
2023 $1,425 $168,405 $168,405 $0
2022 $1,429 $168,405 $168,405 $0
2021 $1,466 $160,680 $160,680 $0
2020 $1,410 $152,955 $152,955 $0
2019 $979 $118,965 $118,965 $0
2018 $889 $100,425 $100,425 $0
2017 $848 $105,060 $0 $0
2016 $720 $73,800 $0 $0
2015 $715 $70,725 $0 $0
2014 $780 $73,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584778

Florida Keys Board of REALTORS®

APN: 00182770-000000