NOT LISTED FOR SALE

13 Coral Way Key West, FL 33040

Estimated Value: $808,000 - $1,216,000

3 Beds
3 Baths
1,396 Sq Ft
$712/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $339,000 $243 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $6,105/month

57 Days on Market

Highlights

  • Detached Guest House
  • Clubhouse
  • Furnished
  • Concrete Pool
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of May 2012

Transient licensed property for income producing short term vacation rentals! Rare at this price point, this completely furnished 3 BR & 3 BA townhome features all accessories & is ready to rent or occupy. The home offers nearly 1400 sq. ft. of living area, accompanied by 2 covered balconies on each floor that are accessed from the main living area & master & guest suites. The 3 suite floor plan, along with a sofa sleeper in the main living area, can comfortably accommodate 8 guests. Parking for 2 cars is available under the elevated home. Located at Coral Hammock, a private enclave of only 56 homes just a couple minutes to beaches & Duval Street, community amenities include a tropical resort style pool, club house & fitness center.

Last Agent to Sell the Property

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 04/04/2012

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 04/04/2012

Coldwell Banker Schmitt Real Estate Co. (KW)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,938

Year Built

  • Built in 2004

Lot Details

  • 1,169 Sq Ft Lot
  • Fenced
  • Sprinkler System

HOA Fees

  • $372 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,396 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Blinds
  • French Doors
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Electric Gate
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Additional Features

  • Handicap Accessible
  • Patio
  • Detached Guest House
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 00124100-000107

Community Details

Overview

  • Association fees include common area mnt
  • Maloney Sub Subdivision

Pet Policy

  • Pet Restriction: YES

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,938

Year Built

Built in 2004

Lot Details

0

HOA Fees

$372 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: No
  • Association Fee: 372.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Stock Island
  • K W Neighborhood: Outside of Key West
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Other Area Features, Handicap Facilities, Fire Hydrant
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2938.22
  • Vehicle Storage: Covered Parking, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 2004
  • Alternate Key Number: 9080123
  • Lot Sq Ft: 1169.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Monthly
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1396.00
  • Pool Info Other: Auto Clean;
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Other, Walk-in Closet(s), Storage, Smoke Alarms, Pantry, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Microwave, Refrigerator, Range, Dryer, Disposal
  • Floor: Carpet, Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Sash/Screen Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Concrete, Frame
  • Exterior Features: Detached Guest Qtrs, Sprinkler System, Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00124100-000107
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2012
Closed on
May 31, 2012
Sold by
Stricker Randall D and Stricker Eleanor L
Bought by
Pierce Bridget and Pierce Douglas
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$365,000
Sold Price
$339,000
Premium/Discount to List
-$26,000
-7.12%
Current Estimated Value
$994,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,057
Avg. Annual Appreciation
8.37%
Original Mortgage
$271,200
Outstanding Balance
$188,039
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$806,018

Purchase Details

Closed on
Dec 20, 2007
Sold by
Stricker Randall D and Stricker Eleanor L
Bought by
Stricker Randall D and Stricker Eleanor L

Purchase Details

Closed on
Dec 17, 2004
Bought by
Pierce Bridget and Pierce Douglas
Source: Public Records

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
Pierce Bridget $339,000 Attorney
Stricker Randall D -- Attorney
Pierce Bridget $642,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Bridget $271,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2012 05/31/12 Sold $339,000 -7.1% $243 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $365,000 -- $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 $5,557 $714,665 $387,965 $326,700
2023 $5,557 $693,913 $406,507 $287,406
2022 $4,789 $524,635 $233,920 $290,715
2021 $4,599 $458,912 $203,111 $255,801
2020 $4,716 $467,452 $205,964 $261,488
2019 $4,707 $486,833 $222,498 $264,335
2018 $4,415 $440,569 $196,265 $244,304
2017 $4,014 $400,767 $0 $0
2016 $3,766 $358,553 $0 $0
2015 $3,605 $331,088 $0 $0
2014 $3,350 $278,838 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vic Musmanno

    Seller's Agent in 2012

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    3 in this area

    148 Total Sales

    Vic Musmanno
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116328

Florida Keys Board of REALTORS®

APN: 00124100-000107

Florida Monroe County Key West 33040

13 Coral Way, Key West, FL

This home is located at 13 Coral Way, Key West, FL 33040 since 04 April 2012 and is currently estimated at $994,057, approximately $712 per square foot. This property was built in 2004. 13 Coral Way is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and The College Of The Florida Keys Academy.

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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