NOT LISTED FOR SALE

1435 Flagler Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,420,000 - $2,008,000

0.18 Acre
$9,620,017 Price per Acre
7,646 Sq Ft Lot

Last Sold January 31, 2020

Last sale price $475,000 $314 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $9,887/month

14 Days on Market

Highlights

  • Beach
  • Corner Lot
  • Fenced

About This Lot

As of January 2020

Build your dream home on an oversized lot in the heart of Midtown Key West. Rare 7,646 SF lot with in ground pool now available on the corner of Flagler and Leon St. Current owner has demolition permit in hand and house will be demolished and debris removed. Excellent location close to Atlantic beaches and the White St. pier.

Last Agent to Sell the Property

Keith Bland

Truman & Co. (KW) License #3166210 Listed on: 12/30/2019

Last Buyer's Agent

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105

Coldwell Banker Schmitt Real Estate Co. (KW)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,479

Year Built

  • 1963

Lot Details

  • 7,646 Sq Ft Lot
  • Lot Dimensions are 83x93
  • Fenced
  • Corner Lot
  • Cleared Lot

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00040790-000000

Community Details

Overview

  • Tropical Bldt & Investment Co Sub Subdivision

Recreation

  • Beach

Property Details

Property Type

Land

Est. Annual Taxes

$4,479

Year Built

1963

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Control Depth: 7
  • Document Count: 1
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Off Shore Island: No
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4479.30
  • Alternate Key Number: 1041475
  • Lot Sq Ft: 7646.00
  • Species List: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Existing Utilities: Street Lights, Water Meter, Water Line, Sewer, Electric on Site
  • Location Site: Paved Street, Cleared Site, Fenced, Corner Lot
  • Lot Dimensions: 83x93
  • Miscellaneous Info Mobile Home Lot: No
  • Miscellaneous Info Recorded Plat: Yes
  • R O G O Exempt: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1963

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Waterview: No Waterview

Utilities

  • Security: No Security

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00040790-000000
  • Land Size: Less Than 1/4 Acre
  • Building Permit: Other Permit
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2023
Sold by
Cobb Frederick J and Cobb Amelia A
Bought by
Cobb Frederick J and Cobb Amelia A
Total Days on Market
14
Current Estimated Value
$1,693,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Outstanding Balance
$1,228,604
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$464,519

Purchase Details

Listed on
Dec 30, 2019
Closed on
Feb 4, 2020
Sold by
Key West Restoration Llc
Bought by
Cobb Frederick J
Seller's Agent
Keith Bland
Truman & Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.82%

Purchase Details

Listed on
Dec 30, 2019
Closed on
Jan 31, 2020
Sold by
Key West Restoration Llc
Bought by
Cobb Frederick J
Seller's Agent
Keith Bland
Truman & Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%

Purchase Details

Listed on
Aug 6, 2016
Closed on
Oct 5, 2016
Sold by
Dixon Eugene J
Bought by
Key West Restoration Llc
Seller's Agent
Edward Salazar
Bascom Grooms Real Estate (KW)
Buyer's Agent
Lezlie Roark
Truman & Co. (KW)
List Price
$479,000
Sold Price
$412,000
Premium/Discount to List
-$67,000
-13.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Elkins Carle T and Ellis Patrick L
Bought by
Dixon Eugene J and Miller Larry F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1992
Bought by
Dixon Eugene J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cobb Frederick J -- None Listed On Document
Cobb Frederick J $475,000 --
Cobb Frederick J $475,000 Attorney
Key West Restoration Llc $412,000 Attorney
Dixon Eugene J $340,000 --
Dixon Eugene J $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobb Frederick J $1,250,000
Previous Owner Dixon Eugene J $283,500
Previous Owner Dixon Eugene J $46,737
Previous Owner Dixon Eugene J $295,000
Previous Owner Dixon Eugene J $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $475,000 -4.0% $314 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
12/30/2019 12/30/19 For Sale $495,000 +20.1% $328 / Sq Ft
10/05/2016 10/05/16 Sold $412,000 -14.0% $273 / Sq Ft
09/04/2016 09/04/16 Pending -- -- --
08/06/2016 08/06/16 For Sale $479,000 -- $317 / 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 $4,584 $1,142,313 $832,374 $309,939
2023 $4,584 $686,213 $686,213 $0
2022 $3,763 $486,790 $486,790 $0
2021 $3,248 $322,050 $322,050 $0
2020 $3,364 $336,913 $336,913 $0
2019 $4,479 $460,696 $388,998 $71,698
2018 $4,892 $497,418 $398,815 $98,603
2017 $4,972 $497,307 $0 $0
2016 $4,621 $474,727 $0 $0
2015 $5,117 $518,413 $0 $0
2014 $4,956 $477,852 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keith Bland

    Seller's Agent in 2020

    Keith Bland

    Truman & Co. (KW)

    4 in this area

    48 Total Sales

    Section Image
  • Vic Musmanno

    Buyer's Agent in 2020

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    68 in this area

    157 Total Sales

    Vic Musmanno
    Section Image
  • Edward Salazar

    Seller's Agent in 2016

    Edward Salazar

    Bascom Grooms Real Estate (KW)

    (305) 304-0762

    11 in this area

    62 Total Sales

    Edward Salazar
    Section Image
  • Bascom Grooms

    Seller Co-Listing Agent in 2016

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    66 in this area

    341 Total Sales

    Bascom Grooms
    Section Image

  • L

    Buyer's Agent in 2016

    Lezlie Roark

    Truman & Co. (KW)

    (903) 786-6063

    56 Total Sales

    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588903

Florida Keys Board of REALTORS®

APN: 00040790-000000

Florida Monroe County Key West 33040 Mid Town

1435 Flagler Ave, Key West, FL

This home is located at 1435 Flagler Ave, Key West, FL 33040 since 30 December 2019 and is currently estimated at $1,693,123, approximately $1,120 per square foot. This property was built in 1963. 1435 Flagler Ave is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori 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.

Nearby Homes