NOT LISTED FOR SALE

16 Arbutus Dr Key West, FL 33040

Estimated Value: $1,116,000 - $1,870,000

3 Beds
2 Baths
1,890 Sq Ft
$800/Sq Ft Est. Value

Last Sold March 05, 2015

Last sale price $625,500 $331 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $8,516/month

109 Days on Market

Highlights

  • Boat Lift
  • Granite Countertops
  • Workshop
  • Home fronts a canal
  • No HOA
  • Laundry Room

About This Home

As of March 2015

Move right in to this secluded and private canalfront gem in the desirable Key Haven neighborhood! 3BR/2BA, open floor plan home with walls of windows from open living area looking out to lush gardens, meandering paths and a waterside gazebo. Newer kitchen and a large laundry/storage/workroom. 60' seawall with 10,000 lb. boatlift and easy access to the open water. Large, tropically landscaped yard with mature foliage and room for a pool. Come take a look! Tenant occupied-advance notice required to show.

Last Agent to Sell the Property

Michael Spirnak

Richard Padron And Associates (KW) Listed on: 11/13/2014

Last Buyer's Agent

Michael Spirnak

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3220050

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,006

Year Built

  • Built in 1960

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • 2 Parking Spaces

Home Design

  • Metal Roof

Interior Spaces

  • 1,890 Sq Ft Home
  • 1-Story Property
  • Awning
  • French Doors
  • Sliding Doors
  • Workshop
  • Storage
  • Utility Room
  • Canal Views

Kitchen

  • Range
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Boat Lift
  • Outdoor Storage

Utilities

  • Heat Pump System

Community Details

  • No Home Owners Association
  • Key Haven 1St Add Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,006

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Other
  • Dockage Seawall: Other
  • Financial Status Potential Short Sale: No
  • Key Island: Key Haven
  • K W Neighborhood: Outside of Key West
  • Mile Marker: 6.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Selling Info: Seller paid buyer closing costs
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5006.00
  • Title: Negotiable
  • Vehicle Storage Cars: 2
  • Year Built: 1960
  • Alternate Key Number: 1168718
  • Cooling Heating: Heat Pump
  • Lot Sq Ft: 6000.00
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1890.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Other, Storage, Pantry, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Dryer
  • Floor: Carpet, Tile
  • Specialty Rooms: Laundry Room, Workshop, Utility Room
  • Windows/Doors: Awning Windows, Glass Doors, French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2017
Sold by
Wood Glenn and Wood Carthleen
Bought by
Jackson John P and Jackson Colleen T
Current Estimated Value
$1,465,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Outstanding Balance
$323,709
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$1,142,018

Purchase Details

Listed on
Nov 13, 2014
Closed on
Feb 24, 2015
Sold by
Lackie Frank T
Bought by
Wood Glenn and Wood Cathleen
Seller's Agent
Michael Spirnak
Richard Padron And Associates (KW)
Buyer's Agent
Michael Spirnak
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$629,000
Sold Price
$625,500
Premium/Discount to List
-$3,500
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$497,600
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2001
Sold by
Freeman William A and Freeman Brenda B
Bought by
Lackie Frank T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 1998
Sold by
Larrauri Juan M and Allish Debra M
Bought by
Freeman William A and Freeman Brenda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1991
Bought by
Wood Glenn and Wood Cathleen

Purchase Details

Closed on
Apr 1, 1987
Bought by
Wood Glenn and Wood Cathleen

Purchase Details

Closed on
Feb 1, 1973
Bought by
Wood Glenn and Wood Cathleen
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
Jackson John P $480,000 None Available
Wood Glenn $625,500 None Available
Lackie Frank T $404,000 --
Freeman William A $325,000 --
Wood Glenn $180,000 --
Wood Glenn $128,000 --
Wood Glenn $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson John P $384,000
Previous Owner Wood Glenn $497,600
Previous Owner Freeman William A $150,000
Previous Owner Freeman William A $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2015 03/05/15 Sold $625,500 -0.6% $331 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
11/13/2014 11/13/14 For Sale $629,000 -- $333 / 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 $5,903 $886,354 -- --
2023 $5,903 $689,441 $0 $0
2022 $5,651 $684,378 $0 $0
2021 $5,495 $598,163 $0 $0
2020 $5,492 $592,551 $0 $0
2019 $5,262 $565,749 $0 $0
2018 $5,332 $558,786 $0 $0
2017 $5,600 $551,009 $0 $0
2016 $5,589 $533,456 $0 $0
2015 $5,571 $533,873 $0 $0
2014 $5,199 $453,765 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120613

Florida Keys Board of REALTORS®

APN: 00134400-000000