NOT LISTED FOR SALE

1616 Atlantic Blvd Unit 17 Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,591,306 - $1,622,000

2 Beds
2.5 Baths
2,016 Sq Ft
$797/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $915,000 $454 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $10,226/month

Highlights

  • Ocean View
  • Waterfront
  • Impact Glass
  • Concrete Pool
  • 2 Car Attached Garage
  • 2-minute walk to Key West Nature Preserve

About This Home

As of June 2021

Partially renovated townhome at Casa Caselles.

Last Agent to Sell the Property

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 06/10/2021

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 06/10/2021

Coldwell Banker Schmitt Real Estate Co. (KW)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,457

Year Built

  • Built in 1980 | Under Construction

Lot Details

  • 1,496 Sq Ft Lot
  • Waterfront

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Fixer Upper
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,016 Sq Ft Home
  • Ocean Views

Kitchen

  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • No Rentals Allowed

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt
  • Casa Caselles Subdivision

Pet Policy

  • Pets Allowed

Security

  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,457

Year Built

Built in 1980 | Under Construction

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: No
  • Association Fee: 1800.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5457.00
  • Vehicle Storage: Attached, Off Street Parking, Covered Parking, Garage
  • Vehicle Storage Cars: 2
  • Year Built: 1980
  • Alternate Key Number: 8565381
  • Building Style: Townhouse
  • Lot Sq Ft: 1496.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2016.00
  • Property Condition: Fixer Upper, Under Construction
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Microwave
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

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

Rental Info

  • Rentals Allowed: No

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jun 10, 2021
Sold by
Fallone Linda and Fallone Alan
Bought by
Morrison Mark R and Morrison Stacy L
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$915,000
Sold Price
$915,000
Current Estimated Value
$1,605,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$690,827
Avg. Annual Appreciation
14.34%

Purchase Details

Listed on
Mar 15, 2016
Closed on
Apr 18, 2016
Sold by
Nationstar Mortgage Llc
Bought by
Fallone Linda
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Michael Sullivan
Punta Gorda - Port Charlotte Realty, LLC
List Price
$610,000
Sold Price
$525,000
Premium/Discount to List
-$85,000
-13.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%

Purchase Details

Closed on
Jan 29, 2016
Sold by
Rychlewska Isabella and Aurora Loan Servicing Llc
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Oct 26, 2015
Sold by
Rychlewska Isabella and Casa Caselles Homeowners Assoc
Bought by
Aurora Loan Services

Purchase Details

Closed on
Dec 6, 2004
Sold by
Sopha Doug
Bought by
Rychlewska Isabella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2002
Sold by
Manley Robert L Trust C
Bought by
Sopha Doug

Purchase Details

Closed on
Apr 1, 1987
Bought by
Fallone Linda

Purchase Details

Closed on
Jan 1, 1984
Bought by
Fallone Linda
Source: Public Records

Range of Values:

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Average Value
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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
Morrison Mark R $915,000 Attorney
Fallone Linda $525,000 Shore To Shore Title Llc
Nationstar Mortgage Llc -- None Available
Aurora Loan Services -- None Available
Rychlewska Isabella $849,000 Keys Title & Abstract Co
Sopha Doug $450,000 --
Fallone Linda $232,500 --
Fallone Linda $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rychlewska Isabella $222,000
Previous Owner Rychlewska Isabella $650,000
Closed Rychlewska Isabella $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $915,000 0.0% $454 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $915,000 +74.3% $454 / Sq Ft
04/27/2016 04/27/16 Sold $525,000 -13.9% $260 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $610,000 -- $303 / 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 $9,081 $1,191,119 $658,240 $532,879
2023 $9,081 $1,170,400 $658,240 $512,160
2022 $7,619 $869,028 $450,296 $418,732
2021 $5,780 $651,850 $0 $0
2020 $5,683 $642,851 $0 $0
2019 $5,600 $628,398 $0 $0
2018 $5,600 $616,682 $0 $0
2017 $5,576 $603,999 $0 $0
2016 $5,864 $630,518 $0 $0
2015 $5,605 $600,274 $0 $0
2014 $4,911 $432,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596445

Florida Keys Board of REALTORS®

APN: 00064640-000117