NOT LISTED FOR SALE

Key West, FL 33040

Estimated Value: $906,000 - $1,346,000

3 Beds
2 Baths
1,500 Sq Ft
$745/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $545,000 $363 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,356/month

88 Days on Market

About This Home

As of April 2016

Only four left! Brand new gated community at the location of the former Islander drive-in movie theater. Featuring 22 homes with open water views of Key West, Cow Key Channel, and the Atlantic Ocean. Two floor plans to choose from, each with 1,500 sq. ft of living space and 10ft wide decks for capturing sunsets and sea breezes. Homes feature travertine tile flooring throughout, solid wood cabinetry, granite countertops, hardiboard siding, walk-in closet, metal roofs, stainless steel appliances, double garage with hurricane rated doors, impact glass windows and more. Comes with permits for a private fishing pier and room for a pool. Built to the latest codes which withstand 180mph winds and elevated 12ft, homes will offer affordable insurances and utilities.

Last Agent to Sell the Property

Jimmy Lane

Island Life Realty Experts License #664783 Listed on: 12/17/2015

Last Buyer's Agent

Laura McChesney

Preferred Properties Cri (Br) License #494597

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 125.00
  • Mandatory HOA: Yes
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Stock Island
  • K W Neighborhood: Outside of Key West
  • Limited Representation: Yes
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4000.00
  • Title: Title Ins - Seller
  • Vehicle Storage: Off Street Parking, Covered Parking
  • Vehicle Storage Cars: 4+
  • Building Style Stilt Column Height: LZVZI459X2Q
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5000.00
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1500.00
  • Pre Wired: Cat 5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Walk-in Closet(s), Smoke Alarms, Granite Counter Top, Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Modular
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: Open Water View
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Yes
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2021
Sold by
Islander Estates Homeowners Association
Bought by
Riggio Anthony Joseph and Raimi Jennifer Nicole
Current Estimated Value
$1,118,195

Purchase Details

Closed on
Dec 9, 2020
Sold by
Plume Wayne and Plume Cynthia D
Bought by
Riggio Anthony Joseph and Raimi Jennifer Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2014
Sold by
Drive In Homebuilders Llc
Bought by
Plume Wayne and Plume Cynthia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Riggio Anthony Joseph -- Oropeza Stones & Cardenas Pllc
Riggio Anthony Joseph -- Oropeza Stones & Cardenas Pllc
Riggio Anthony Joseph $780,000 Attorney
Riggio Anthony Joseph $780,000 Attorney
Plume Wayne $527,500 Attorney
Plume Wayne $527,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riggio Anthony Joseph $552,000
Previous Owner Plume Wayne $415,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2016 04/15/16 Sold $545,000 +0.9% $363 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
12/17/2015 12/17/15 For Sale $540,000 -- $360 / Sq Ft
Source: Key West Association 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
2025 $5,981 $706,067 -- --
2024 $5,743 $686,169 -- --
2023 $5,743 $666,184 $0 $0
2022 $5,584 $646,781 $0 $0
2021 $5,766 $627,943 $338,731 $289,212
2020 $4,227 $455,314 $213,723 $241,591
2019 $4,188 $449,802 $205,455 $244,347
2018 $4,288 $449,352 $202,250 $247,102
2017 $4,489 $474,683 $0 $0
2016 $4,548 $467,833 $0 $0
2015 $4,897 $485,863 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Lane

    Seller's Agent in 2016

    Jimmy Lane

    Island Life Realty Experts

    (305) 619-0029

    8 in this area

    141 Total Sales

    Jimmy Lane
    Section Image

  • L

    Buyer's Agent in 2016

    Laura McChesney

    Preferred Properties Cri (Br)

    (305) 923-6639

    40 Total Sales

    Laura McChesney
    Section Image
See All Agents

Source: Key West Association of REALTORS®

MLS Number: 122567

Key West Association of REALTORS®

APN: 00127401-011090

Florida Monroe County Key West

33040

Not Listed for Sale

Detached

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