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281 8th Street

281 8th Street, Key Colony Beach, FL 33051
House in Middle Keys
Sold Apr 03, 2023
$1,275,000
$1,000,000 by Citizens Bank, N.a.
Mortgage Due Apr 01, 2053
Sold May 29, 2014
$545,000
$417,000 by Capital Bank Na
Mortgage Due Jun 01, 2044
281 8th Street in Key Colony Beach, FL was first built in 1987 and is 37 years old. Although, the building on the property was most recently renovated and altered in 2007. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 281 8th Street has 1,960 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,125 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of metal. For those who need parking, there is a carport. The garage is 728 sqft. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 281 8th Street was last sold in Mar 24, 2023 for $1,275,000. According to our calculations, that's $650.51 per sqft. Prior to that sales transaction, the property was sold for $545,000 in May 23, 2014. Current property owners are expected to pay $6,705 in taxes per year. The property on 281 8th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $980,423. To break that down further, the land itself was valued at $474,375. While improvements to the property were assessed at a total of $506,048. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior

Parking

Carport
Covered Parking
Guest Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 728
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 4,125
  • Total Building Area: 1,960
  • Gross Building Area: 1,960
  • Building Area: 1,960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEY COLONY BEACH 1ST ADD
  • Land Acres: 0.095
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BK 9 S 1/2 LT 10 KEY COLONY BEACH FIRST ADDN AMD PLAT PB4-11 SHELTER KEY OR962-1212 OR1104-551 OR1182-818 OR1618-1478/79 OR2686-1336/37 OR2824-2020/21 OR3218-1086

Ownership

  • Current Owner : BRINKLEY NICHOLAS G
  • Current Owner 2: BRINKLEY LAURA E
  • Previous Owner : REYNAS PARADISE INC
  • Owner Before Previous Owner: MIER LUIS MANUEL
  • Owner Before Previous Owner 2: MIER CARLOS ALBERTO
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 971001

Zoning

  • Zoning: INC

Geography

  • Assessors Map Reference: 1-55
  • Account Number: 8758669
  • Parcel: 00074880-000100
  • Block: 9
  • Lot: 10
  • Meridian: SEC 05 TWN 66S RNG 33E
  • Municipality: CITY OF KEY COLONY BEACH
  • Latitude: 24.7218
  • Longitude: -81.0213

    Address

  • Full Address: 281 8th St
  • Address - House Number: 281
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Key Colony Beach
  • Zip Code: 33051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,705
  • Tax Rate Code Area: 50KC

    Appraisal Valuation

  • Standard Deviation: 0.2415
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 66
  • Final Value: 1,304,198
  • High Value: 1,619,218
  • Low Value: 989,178

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: CITIZENS BANK, N.A.
  • First Open Lien Mortgage Recording Date: Apr 03, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $980,423
  • Market Land Value: $474,375
  • Market Improvement Value: $506,048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $980,423
  • Assessed Land Value: $474,375
  • Assessed Improvements Value: $506,048

    Sales

  • Current Sale Contract Date: Mar 24, 2023
  • Current Sale Recording Date: Apr 03, 2023
  • Current Sale Transaction ID: 11904570985
  • Current Sale Price: $1,275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2412422
  • Previous Sale Recording Date: May 29, 2014
  • Previous Sale Contract Date: May 23, 2014
  • Previous Sale Amount: $545,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK, N.A.
  • First Mortgage Transaction Date: Apr 03, 2023
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CAPITAL BANK NA
  • Previous Mortgage Transaction Date: May 29, 2014
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2044

About Key Colony Beach



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Frequently Asked Questions

What neighborhood is 281 8th Street located in?
The 281 8th Street is a house located in the neighborhood of Middle Keys in Key Colony Beach, Key Colony Beach.
What is the average sales price for listings in 281 8th Street?
The average sales price for units in 281 8th Street is $0 currently.

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