NOT LISTED FOR SALE

87455 Old Hwy Unit 237 Islamorada, FL 33036

Estimated Value: $393,083 - $448,000

2 Beds
1.5 Baths
989 Sq Ft
2 Acres

Last Sold December 24, 2020

Last sale price $281,000 $284 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,582/month

14 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Stainless Steel Appliances
  • Plantation Key School Rated A-
  • Furnished
  • 1-minute walk to Indian Key

About This Home

As of December 2020

Islamorada condo/townhome a great opportunity to own in the fabulous Florida Keys at yesterday's pricing! Spacious 2 floor living (NO spiral stairs) with updated lovely kitchen, SS appliances about 1 year old, lovely Granite countertops & wood cabinets. Large inviting living/dining area with extended space and 1/2 bath on main floor. 2 large bedrooms & updated bath on 2nd floor. A/C replaced in 11/18. Accordion shuttered -you can lock & go. Stunning views at the ocean front pool & clubhouse, with workout room, sauna and covered patios and great newer fishing pier for your enjoyment. Covered parking, ground level storage closet, elevator, and a great location on Old Highway adds to this amazing place to call home! Community improvements include freshly painted, updates & beautification all

Last Agent to Sell the Property

Stephanie Clark

American Caribbean Real Estate, Christie's International Real Estate License #0674313 Listed on: 11/04/2020

Last Buyer's Agent

Alina Davis

Coldwell Banker Schmitt Islamorada License #3216995

Coldwell Banker Schmitt Islamorada

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,916

Year Built

  • Built in 1977

Lot Details

  • Waterfront

Parking

  • Covered Parking

Interior Spaces

  • 989 Sq Ft Home
  • Furnished
  • Ocean Views

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00415160-006400

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include bldg exterior mnt, water, common area mnt, building insurance
  • Plant By The Sea Subdivision
  • Rental Restrictions

Pet Policy

  • Pet Restriction: 1 small pet

Security

  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,916

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 641.00
  • Mandatory HOA: Yes
  • Control Depth: 2
  • Fee Includes: Bldg Exterior Mnt, Water, Common Area Mnt, Building Insurance
  • Key Island: Plantation Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 87.50
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: 1 small pet
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 1916.12
  • Vehicle Storage: Covered Parking
  • Year Built: 1977
  • Alternate Key Number: 1511234
  • Cooling Heating: Central Air
  • Porch Balcony: No Porch/Balcony
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 989.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Range
  • Floor: Combo
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Sq Ft Remarks: All 3 balconies are enclosed increasing the living sq ft

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: Yes
  • Construction: CBS
  • Waterview: Ocean View

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,AE,VE
  • Parcel Number: 00415160-006400
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished, Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 22, 2020
Sold by
Trainor William L and Trainor Cynthia S
Bought by
Hovan Joseph
Seller's Agent
Stephanie Clark
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Alina Davis
Coldwell Banker Schmitt Islamorada
List Price
$299,000
Sold Price
$281,000
Premium/Discount to List
-$18,000
-6.02%
Current Estimated Value
$432,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,021
Avg. Annual Appreciation
11.60%
Original Mortgage
$252,000
Outstanding Balance
$227,796
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$234,149

Purchase Details

Closed on
Nov 1, 1987
Bought by
Trainor William L And Cynthia S Rev Liv Tr 6/

Purchase Details

Closed on
Jun 1, 1978
Bought by
Trainor William L And Cynthia S Rev Liv Tr 6/
Source: Public Records

Range of Values:

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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
Hovan Joseph $281,000 Attorney
Trainor William L And Cynthia S Rev Liv Tr 6/ $69,000 --
Trainor William L And Cynthia S Rev Liv Tr 6/ $29,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hovan Joseph $252,000
Previous Owner Trainor William Lee $57,000
Previous Owner Trainor William Lee $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2020 12/24/20 Sold $281,000 -6.0% $284 / Sq Ft
11/04/2020 11/04/20 For Sale $299,000 -- $302 / 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 $3,464 $413,523 -- $413,523
2023 $3,464 $413,523 $0 $413,523
2022 $3,221 $373,514 $0 $373,514
2021 $2,766 $233,381 $0 $233,381
2020 $1,931 $187,212 $0 $187,212
2019 $1,916 $183,003 $0 $183,003
2018 $1,878 $179,591 $0 $0
2017 $2,269 $196,442 $0 $0
2016 $2,239 $187,547 $0 $0
2015 $2,048 $168,363 $0 $0
2014 $1,846 $130,473 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Stephanie Clark

    American Caribbean Real Estate, Christie's International Real Estate

  • A

    Buyer's Agent in 2020

    Alina Davis

    Coldwell Banker Schmitt Islamorada

    (305) 743-5181

    167 Total Sales

    Alina Davis
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593272

Florida Keys Board of REALTORS®

APN: 00415160-006400

Florida Monroe County Islamorada 33036

87455 Old Hwy Unit 237, Islamorada, FL

This home is located at 87455 Old Hwy Unit 237, Islamorada, FL 33036 since 04 November 2020 and is currently estimated at $432,021, approximately $436 per square foot. This property was built in 1977. 87455 Old Hwy Unit 237 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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