NOT LISTED FOR SALE

1101 W Ocean Dr Unit 3 Key Colony Beach, FL 33051

Estimated Value: $386,784 - $676,000

2 Beds
2 Baths
990 Sq Ft
$491/mo HOA Fee

Last Sold November 15, 2013

Last sale price $265,000 $268 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,894/month

204 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Furnished
  • Coral Shores High School Rated A
  • Sandy Beach
  • Granite Countertops

About This Home

As of November 2013

OFFERED AT DISCOUNTED PRIC3E UNTIL 10/9/13 11 PM ONLY. AS IS BUYER PAYS ALL CLOSING AND TITLE MUST CONTRACT BY 11 PM est OCT 9 2013 CASH ONLY-CONTRACT BY OCT 9 CLOSE BY OCT 12, 2013 NO CONTINGENCIES. PRICE CHANGES BACK OCT 9 11:30 PM. FURNISHINGS NEG BUT NOT INCLUDED

Last Listed By

Keith Gordon

Addvantage Real Estate Services License #409442 Listed on: 04/11/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,394

Year Built

  • Built in 1973

Lot Details

  • Ocean Front
  • Sandy Beach

HOA Fees

  • $491 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 990 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Single Hung Windows
  • Sliding Doors
  • Tile Flooring
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00078901-000103

Community Details

Overview

  • Association fees include bldg exterior mnt, water, sewer, exterminating, common area mnt, cable, building insurance
  • Sea Isle Condominium Subdivision
  • The community has rules related to vehicle restrictions

Recreation

  • Beach

Pet Policy

  • No Pets Allowed

Security

  • Complete Accordion Shutters
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,394

Year Built

Built in 1973

Lot Details

0

HOA Fees

$491 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • Association Fee: 1472.79
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Water, Sewer, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: Yes
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Other Terms
  • Side: Ocean
  • State Province: FL
  • Taxes: 2394.42
  • Vehicle Storage: Assigned Parking, Vehicle Restrictions
  • Year Built: 1973
  • Alternate Key Number: 1085219
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 990.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Granite Counter Top, Smoke Alarms
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Range, Microwave, Disposal
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Sandy Beach
  • Roof: Tar/Gravel Roof
  • Waterview: Ocean View
  • Pool: No

Utilities

  • Utilities: Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00078901-000103
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2016
Sold by
Morrissey William and Morrissey Mary
Bought by
Morrissey Michael J and Morrissey Margaret A
Total Days on Market
204
Current Estimated Value
$547,946

Purchase Details

Listed on
Apr 11, 2013
Closed on
Nov 15, 2013
Sold by
Faga Jeanne
Bought by
Morrissey William and Morrissey Michael
Seller's Agent
Keith Gordon
Addvantage Real Estate Services
Buyer's Agent
Non Member
Non-Member Office (KW)
List Price
$257,900
Sold Price
$265,000
Premium/Discount to List
$7,100
2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$185,500
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2013
Sold by
Faga Jennifer S
Bought by
Faga Jeanne

Purchase Details

Closed on
Nov 6, 2003
Sold by
Lagattuta Dorothy
Bought by
Faga Jennifer

Purchase Details

Closed on
Nov 1, 1994
Bought by
Morrissey William

Purchase Details

Closed on
Oct 1, 1989
Bought by
Morrissey William

Purchase Details

Closed on
Jan 1, 1979
Bought by
Morrissey William

Range of Values:

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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
Morrissey Michael J -- None Available
Morrissey William $265,000 Attorney
Faga Jeanne -- None Available
Faga Jennifer $340,000 --
Morrissey William $155,000 --
Morrissey William $115,000 --
Morrissey William $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrissey William $185,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $265,000 +2.8% $268 / Sq Ft
11/01/2013 11/01/13 Pending -- -- --
04/11/2013 04/11/13 For Sale $257,900 -- $261 / 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 $4,375 $370,746 -- $370,746
2023 $4,375 $410,680 $0 $410,680
2022 $3,961 $365,041 $0 $365,041
2021 $3,749 $327,278 $0 $327,278
2020 $3,484 $318,797 $0 $318,797
2019 $3,327 $325,279 $0 $325,279
2018 $3,063 $325,279 $0 $0
2017 $2,551 $231,923 $0 $0
2016 $2,644 $231,923 $0 $0
2015 $2,638 $231,923 $0 $0
2014 $2,700 $231,923 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 560874

Florida Keys Board of REALTORS®

APN: 00078901-000103