NOT LISTED FOR SALE

1 Palm Dr Key West, FL 33040

Estimated Value: $570,000 - $757,000

0.06 Acre
$11,054,721 Price per Acre
2,641 Sq Ft Lot

Last Sold May 21, 2021

Last sale price $183,000

Est. 268% increase in value since last sale

Current estimated payment $3,828/month

79 Days on Market

Highlights

  • Home fronts a canal
  • Seawall
  • 1-minute walk to Marathon Rotary Park

About This Lot

As of May 2021

ROGO EXEMPT building lot on a canal.

Last Agent to Sell the Property

Roger Cousineau

Keller Williams Key West Compass Realty License #647575 Listed on: 02/02/2021

Keller Williams Key West Compass Realty

Co-Listed By

Edward Russell

Schwartz Property Sales, Inc (KW)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,471

Lot Details

  • 2,641 Sq Ft Lot
  • Home fronts a canal
  • Cleared Lot
  • Property is zoned URM - Urban Res Mobile Home District

Property Views

  • Canal Views

Listing and Financial Details

  • Assessor Parcel Number 00161600-000000

Community Details

Overview

  • Bay Point Trlr Pk Subdivision

Recreation

  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$1,471

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • Control Depth: 3
  • Dockage Seawall: Concrete
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Saddlebunch
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 15.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1470.53
  • Title: Negotiable
  • Alternate Key Number: 1207152
  • Lot Sq Ft: 2641.00
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Location Site: Paved Street, Cleared Site
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: 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: AE
  • Parcel Number: 00161600-000000
  • Land Size: Less Than 1/4 Acre

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
May 21, 2021
Sold by
Krall Jane
Bought by
Shady Palm Llc
Seller's Agent
Roger Cousineau
Keller Williams Key West Compass Realty
Buyer's Agent
Creative Technology
List Price
$199,000
Sold Price
$183,000
Premium/Discount to List
-$16,000
-8.04%
Current Estimated Value
$674,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,338
Avg. Annual Appreciation
35.63%

Purchase Details

Closed on
Nov 30, 2016
Sold by
Poth Semms Iii Oliver J and Poth Semmes Julianne
Bought by
Krall Jane

Purchase Details

Closed on
Jan 10, 2012
Sold by
Semmes Oliver J
Bought by
Poth Semmes Iii Oliver J and Poth Semmes Julianne

Purchase Details

Closed on
Oct 21, 2004
Sold by
Finigan Dale and Price David
Bought by
Semmes Oliver J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 12, 2004
Sold by
Eubanks Lee Roy
Bought by
Price David and Finigan Dale
Source: Public Records

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
Shady Palm Llc $183,000 Attorney
Krall Jane $135,000 Attorney
Poth Semmes Iii Oliver J -- Attorney
Semmes Oliver J $222,000 --
Price David $270,000 Keys Title & Abstract Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoyt Bruce A $250,000
Previous Owner Semmes Oliver J $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $183,000 -8.0% --
04/22/2021 04/22/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $199,000 -- --
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 $1,935 $449,141 $209,392 $239,749
2023 $1,935 $229,209 $207,391 $21,818
2022 $1,683 $174,326 $152,042 $22,284
2021 $1,190 $128,267 $118,033 $10,234
2020 $1,148 $127,600 $117,366 $10,234
2019 $1,471 $116,930 $106,696 $10,234
2018 $1,292 $72,732 $66,685 $6,047
2017 $1,701 $117,411 $0 $0
2016 $1,410 $109,914 $0 $0
2015 $1,352 $92,286 $0 $0
2014 $1,361 $97,161 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roger Cousineau

    Seller's Agent in 2021

    Roger Cousineau

    Keller Williams Key West Compass Realty

    (305) 304-2698

    53 Total Sales

    Roger Cousineau
    Section Image

  • E

    Seller Co-Listing Agent in 2021

    Edward Russell

    Schwartz Property Sales, Inc (KW)

  • o

    Buyer's Agent in 2021

    outside of mls

    Outside Of MLS

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594489

Florida Keys Board of REALTORS®

APN: 00161600-000000

Florida Monroe County Key West 33040

1 Palm Dr, Key West, FL

This home is located at 1 Palm Dr, Key West, FL 33040 since 02 February 2021 and is currently estimated at $674,338. 1 Palm 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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