NOT LISTED FOR SALE

1 Bay Dr Key West, FL 33040

Estimated Value: $1,157,000 - $1,804,000

3 Beds
2 Baths
1,392 Sq Ft
$1,102/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $715,000 $514 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $8,718/month

15 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Laundry Room
  • Granite Countertops
  • Stainless Steel Appliances
  • 1-minute walk to Marathon Rotary Park

About This Home

As of July 2016

Stunning open water views from this 3BR/2BA home in Bay Point just 10 minutes from Key West! Resting on large fenced double lot w/quick shallow draft access to Gulf, Atlantic & Lower Sugarloaf Sound, all famous for world renowned boating, fishing & kayaking. Features breath taking water views from all rooms, a nice open floor plan, tile floors throughout, renovated kitchen w/granite counters, stainless steel gas stove & Bose sound system. Covered balcony overlooks turquoise waters so you can enjoy tropical sunrise horizons & tranquil breezes. Plenty of storage & huge carport parking area under house for boat, trailers, kayaks, paddle boards & multiple cars. Yard has beautiful mature landscaping w/tall palms & enough space to add an enormous pool/spa. T-shaped dock for boating needs & room

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 06/06/2016

Co-Listed By

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #3264225

Last Buyer's Agent

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 06/06/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,895

Year Built

  • Built in 1999

Lot Details

  • 0.4 Acre Lot
  • Ocean Front
  • Fenced
  • Sprinkler System
  • Property is zoned IS - Improved Subivision District

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 1,392 Sq Ft Home
  • Single Hung Windows
  • Storage
  • Tile Flooring
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Off-Street Parking

Additional Features

  • Outdoor Storage
  • Central Air

Community Details

  • No Home Owners Association
  • Bay Point Amd & 1St Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,895

Year Built

Built in 1999

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
  • Mandatory HOA: No
  • Dockage Dock: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Saddlebunch
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 12.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 6895.00
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1999
  • Alternate Key Number: 1207021
  • Building Style Stilt Column Height: LZVZI459X2Q
  • Cooling Heating: Central Air
  • Lot Sq Ft: 17555.00
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1392.00
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Storage, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Microwave, Refrigerator, Range, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows, Single Hung Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Exterior Features: Fencing, Storage, Sprinkler System
  • Roof: Combo Roof, Tile Roof, Concrete Roof
  • Waterview: Ocean View, Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.40

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2015
Closed on
Feb 24, 2016
Sold by
Bank Of New York Mellon
Bought by
Castellanos Jesus
Seller's Agent
Melva Borley
Sunshine State Realty Service
Buyer's Agent
Lena Mamone
Sunshine State Realty Services
List Price
$504,400
Sold Price
$423,000
Premium/Discount to List
-$81,400
-16.14%
Current Estimated Value
$1,533,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,110,425
Avg. Annual Appreciation
14.47%
Original Mortgage
$436,675
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2015
Sold by
Blives Yakov and Krespy Talia
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
Aug 28, 2015
Sold by
Blives Yakov and Krespy Talia
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
Dec 24, 2003
Sold by
Emanuel Eyal
Bought by
Blives Yakov

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2002
Sold by
Magal Idan and Magal Misi
Bought by
Emmanuel Eyal

Purchase Details

Closed on
Sep 24, 2002
Sold by
Coc Lonnie E Cox and Clerk Of Court
Bought by
Emanuel Eyal and Magal Idan

Purchase Details

Closed on
May 6, 1998
Sold by
Andrews Patricia L and Andrews Scott W
Bought by
Cox Lonnie E and Murray Raymond M

Purchase Details

Closed on
Oct 1, 1997
Bought by
Castellanos Jesus

Purchase Details

Closed on
Mar 1, 1984
Bought by
Castellanos Jesus

Purchase Details

Closed on
Feb 1, 1974
Bought by
Castellanos Jesus
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
Castellanos Jesus $423,000 Genesis Title Company
Bank Of New York Mellon -- None Available
Bank Of New York Mellon -- Attorney
Blives Yakov $525,000 --
Emmanuel Eyal -- --
Emanuel Eyal $475,000 --
Cox Lonnie E $210,000 --
Castellanos Jesus $210,000 --
Castellanos Jesus $109,000 --
Castellanos Jesus $3,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castellanos Jesus $436,675
Previous Owner Blives Yakov $472,000
Previous Owner Cox Lonnie E $115,000
Previous Owner Cox Lonnie E $268,000
Closed Cox Lonnie E $0
Closed Cox Lonnie E $21,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2016 07/25/16 Sold $715,000 -0.6% $514 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $719,000 +70.0% $517 / Sq Ft
03/25/2016 03/25/16 Sold $423,000 -16.1% $239 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $504,400 -- $285 / 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 $7,051 $895,747 -- --
2023 $7,051 $796,657 $0 $0
2022 $6,863 $773,454 $0 $0
2021 $7,092 $750,927 $0 $0
2020 $7,061 $740,560 $0 $0
2019 $6,931 $723,911 $442,415 $281,496
2018 $7,122 $725,036 $441,838 $283,198
2017 $6,923 $710,356 $0 $0
2016 $6,425 $598,267 $0 $0
2015 $5,983 $531,888 $0 $0
2014 $4,229 $384,094 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Spottswood

    Seller's Agent in 2016

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    332 Total Sales

    Terri Spottswood
    Section Image
  • Melva Borley

    Seller's Agent in 2016

    Melva Borley

    Sunshine State Realty Service

    (305) 797-4324

    76 Total Sales

    Melva Borley
    Section Image
  • John Spottswood

    Seller Co-Listing Agent in 2016

    John Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    321 Total Sales

    John Spottswood
    Section Image

  • L

    Seller Co-Listing Agent in 2016

    Lena Mamone

    Sunshine State Realty Services

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 123382

Florida Keys Board of REALTORS®

APN: 00161480-000000

Florida Monroe County Key West 33040

1 Bay Dr, Key West, FL

This home is located at 1 Bay Dr, Key West, FL 33040 since 06 June 2016 and is currently estimated at $1,533,425, approximately $1,101 per square foot. This property was built in 1999. 1 Bay Dr is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High 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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