NOT LISTED FOR SALE

14 Coral Way Key West, FL 33040

Estimated Value: $757,000 - $813,000

2 Beds
3 Baths
1,114 Sq Ft
$701/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $730,000 $655 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,546/month

148 Days on Market

About This Home

As of May 2023

Here's your chance to own a piece of paradise. Welcome to Coral Hammock, a gated resort community, just minutes away from the excitement and attraction of Key West. This 2-bedroom, 2.5 bath home could be a perfect family home, weekend getaway, investment property, or vacation rental. Larger than most 2-bedroom Key West homes, it features a spacious floorplan with island kitchen and open living area on the first floor. Upstairs, two ensuite bedrooms each feature a private balcony where you can relax with your morning coffee or watch the beautiful changing sky. With 4 porches, there's direct outdoor access from every room on every floor. Whether you're looking for a place to live or invest, Coral Hammock offers convenience and great amenities in a beautiful tropical setting. You'll be close to the airport, beaches, marinas, restaurants and more, while enjoying the at-home amenities of a community clubhouse, fitness center and swimming pool.

Last Agent to Sell the Property

Monika Turek

Karem Kramer Realty (KW) Listed on: 12/06/2022

Last Buyer's Agent

Kasey Fey

2150

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,899

Year Built

2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: No
  • Association Fee: 440.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt
  • Key Island: Stock Island
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Fire Hydrant, Clubhouse
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4056.46
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 2004
  • Alternate Key Number: 9080096
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 961.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1114.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Manned Gate
  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00124100-000146
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
Jun 8, 2023
Sold by
Steven Lome Trust
Bought by
Casazza Christopher S and Casazza Jennifer J
Seller's Agent
Monika Turek
Karem Kramer Realty (KW)
Buyer's Agent
Kasey Fey
2150
List Price
$850,000
Sold Price
$730,000
Premium/Discount to List
-$120,000
-14.12%
Views
130
Current Estimated Value
$780,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,473
Avg. Annual Appreciation
2.86%
Original Mortgage
$547,500
Outstanding Balance
$532,966
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$247,507

Purchase Details

Closed on
Nov 18, 2019
Sold by
Steven Lome
Bought by
Steven Lome Trust

Purchase Details

Closed on
Nov 15, 2019
Sold by
Steven Lome
Bought by
Steven Lome Trust

Purchase Details

Closed on
Dec 18, 2017
Sold by
Chicago Key L L C
Bought by
Lome Steven W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2009
Sold by
Lome Steven W
Bought by
Chicago Key Llc

Purchase Details

Closed on
Dec 6, 2004
Sold by
Coral Hammock Llc
Bought by
Lome Steven W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
5.57%
Mortgage Type
Unknown
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
Casazza Christopher S $730,000 None Listed On Document
Steven Lome Trust $100 None Listed On Document
Steven Lome Trust $100 None Listed On Document
Lome Steven W $171,000 Attorney
Chicago Key Llc -- None Available
Lome Steven W $346,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casazza Christopher S $547,500
Previous Owner Lome Steven W $175,000
Previous Owner Lome Steven W $222,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $730,000 -2.5% $655 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
12/14/2022 12/14/22 Price Changed $749,000 -11.9% $672 / Sq Ft
12/06/2022 12/06/22 For Sale $850,000 -- $763 / Sq Ft
Source: Key West Association 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 $4,899 $598,786 $336,542 $262,244
2023 $4,899 $604,951 $352,627 $252,324
2022 $4,230 $458,143 $202,915 $255,228
2021 $4,056 $399,477 $176,190 $223,287
2020 $4,158 $406,914 $178,664 $228,250
2019 $4,305 $423,838 $193,103 $230,735
2018 $4,037 $381,840 $168,598 $213,242
2017 $3,525 $347,356 $0 $0
2016 $3,314 $311,888 $0 $0
2015 $3,177 $288,008 $0 $0
2014 $2,968 $242,693 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 603343

Key West Association of REALTORS®

APN: 00124100-000146