NOT LISTED FOR SALE

Estimated Value: $384,000

2 Beds
2 Baths
1,260 Sq Ft
$305/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $535,000 $425 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $2,656/month

10 Days on Market

About This Home

As of March 2020

WOW, finally an affordable, BIG 2 bedroom/2 bath half duplex with new step-down dock and paved patio. Great space with soaring ceilings and natural light inviting you to enjoy this tropical pleasureAnglers, divers and boaters can dock their boat or jet skis at the 37.5 ft dock and be only 5-10 minutes to the open ocean & gulf. Here it is, your tropical piece of paradise to use as your primary residence, retirement home or weekly vacation rental in Key Colony Beach. On our island, you can walk or bike the entire city to the marina, post office, tennis, golf, pickle ball, bocce ball, horse shoes, playgrounds, restaurants, Cabana Club & Sunset Park!

Last Listed By

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 01/28/2020

Ocean Sotheby's International

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,207

Year Built

1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Wood
  • Dockage Dock Length: 37
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Key Colony
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4707.24
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, RV Parking Open, Off Street Parking
  • Year Built: 1967
  • Alternate Key Number: 1081019
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 4125.00
  • Porch Balcony: Patio
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1260.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cathedral Ceilings, Dade County Pine, Window Treatments, Smoke Alarms, Pantry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00075480-000000
  • Lot Size: 37.5 x 110
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
Apr 6, 2020
Sold by
Jonathan And Mary Lynn Graves Trust
Bought by
Carrazana David and Perez Monica Lynn
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Maria Acosta
Keller Williams Capital Realty
List Price
$549,000
Sold Price
$535,000
Premium/Discount to List
-$14,000
-2.55%
Total Days on Market
10
Current Estimated Value
$384,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$151,000
Avg. Annual Appreciation
-6.21%
Original Mortgage
$428,000
Outstanding Balance
$383,240
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$760

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
Carrazana David $535,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrazana David $428,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2020 03/20/20 Sold $535,000 -2.6% $425 / Sq Ft
01/28/2020 01/28/20 For Sale $549,000 -- $436 / Sq Ft
Source: Marathon and Lower Keys 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 $6,207 -- -- --
2023 $5,563 -- -- --
2022 $5,563 $0 $0 $0
2021 $5,011 -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 589483

APN: 00075480-000000