NOT LISTED FOR SALE

1616 Atlantic Blvd Unit 1 Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,346,955 - $1,762,000

2 Beds
2.5 Baths
1,940 Sq Ft
$824/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $500,000 $258 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $9,992/month

53 Days on Market

Highlights

  • Beach
  • Walk-In Closet
  • Guest Parking
  • Concrete Pool
  • Tile Flooring
  • 2-minute walk to Key West Nature Preserve

About This Home

As of May 2012

This attached Casa Caselles home is an end unit with side balconies and screen porches overlooking the protected mangroves and Atlantic Ocean. The private gardens on the ground level evoke a calming Zen spirit. An open floor plan on the first floor with living room, half bath, kitchen has balconies all around. Up on top the two bedrooms each have a bath ensuite and a walk-in closet as well as those balconies all around, including partial water views. There is private covered parking on the ground level. The community of 20 homes has gated access and a stunning oceanfront pool. This community does not allow rentals of any duration. Photos depict property as it was previously furnished.

Last Agent to Sell the Property

Douglas Mayberry

Doug Mayberry Real Estate (KW) Listed on: 04/01/2012

Last Buyer's Agent

Dean Townsend

Waterfront Resort Realty (KW)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,403

Year Built

  • Built in 1980

Lot Details

  • 1,451 Sq Ft Lot
  • Fenced

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,940 Sq Ft Home
  • Sliding Doors
  • Tile Flooring

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Parking

  • Carport
  • Guest Parking

Pool

  • Concrete Pool
  • Outdoor Shower

Additional Features

  • Outdoor Storage
  • Central Air

Listing and Financial Details

  • Homestead Exemption

Community Details

Overview

  • Association fees include cable, common area mnt
  • Casa Caselles Subdivision

Recreation

  • Beach

Pet Policy

  • Pet Restriction: YES

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,403

Year Built

Built in 1980

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 1800.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Other, Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2403.09
  • Vehicle Storage: Carport, Covered Parking, Guest Parking
  • Year Built: 1980
  • Alternate Key Number: 8565216
  • Cooling Heating: Central Air
  • Lot Sq Ft: 1451.00
  • Pool Info: Concrete
  • Pool Info Heated: Yes
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1940.00
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Split Bedroom, Walk-in Closet(s)
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Refrigerator, Range, Microwave, Disposal
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Stucco
  • Exterior Features: Fencing, Storage, Outdoor Shower
  • Roof: Tile Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Tax Info

  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2012
Closed on
May 31, 2012
Sold by
Dively Michael A
Bought by
Celli Andrew Lawrence and Schrade Kai Markus
Seller's Agent
Douglas Mayberry
Doug Mayberry Real Estate (KW)
Buyer's Agent
Dean Townsend
Waterfront Resort Realty (KW)
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%
Current Estimated Value
$1,598,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,098,739
Avg. Annual Appreciation
9.12%
Original Mortgage
$400,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1996
Sold by
Masely Stephen T and Masely Helena G
Bought by
Dively Michael A

Purchase Details

Closed on
Apr 1, 1987
Bought by
Celli Andrew Lawrence

Purchase Details

Closed on
Oct 1, 1980
Bought by
Celli Andrew Lawrence
Source: Public Records

Range of Values:

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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
Celli Andrew Lawrence $500,000 Attorney
Dively Michael A $220,000 --
Celli Andrew Lawrence $195,000 --
Celli Andrew Lawrence $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Celli Andrew Lawrence $400,000
Previous Owner Celli Andrew Lawrence $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2012 05/31/12 Sold $500,000 -8.9% $258 / Sq Ft
05/24/2012 05/24/12 Pending -- -- --
04/01/2012 04/01/12 For Sale $549,000 -- $283 / 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 $6,745 $698,719 -- --
2023 $6,745 $891,144 $0 $0
2022 $6,097 $783,183 $0 $0
2021 $5,771 $650,757 $0 $0
2020 $5,679 $642,323 $0 $0
2019 $5,702 $639,891 $0 $0
2018 $5,698 $638,438 $0 $0
2017 $5,507 $614,693 $0 $0
2016 $5,480 $580,299 $0 $0
2015 $5,625 $599,734 $0 $0
2014 $4,943 $435,342 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116314

Florida Keys Board of REALTORS®

APN: 00064640-000101