$525,000
SOLD APR 27, 2016

1616 Atlantic Blvd Unit 17 Key West, FL 33040

Mid Town Neighborhood
2 Beds
2.5 Baths
2,016 Sq Ft
$600/mo HOA Fee

Recently Sold

$260 Per Sq Ft

14% Below List Price

18 Days on Market

Highlights

  • Ocean Front
  • Attached Garage
  • Central Air
  • Concrete Pool
  • Electric Gate
  • 2-minute walk to Key West Nature Preserve

About This Home

As of June 2021

A 3 level town home that is located in a Mediterranean style gated community that offers an Ocean front heated pool area and Ocean views. The ground level entry opens onto a courtyard and covered parking that can house 2 cars in tandem. The second level is an open floor plan with a large living room with sliding glass doors onto a balcony area. The top floor houses the bedrooms in addition to the two other balconies. This is an Auction property that is offered on the Homesearch website. Should you have an offer to present prior to the online event, please submit online at the site through the make offer button. Property is occupied and occupants are not to be disturbed or contacted under any circumstances. Interior inspections are not available and property is being sold as is. All propert

Last Agent to Sell the Property

Barbara Crespo

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 03/15/2016

Last Buyer's Agent

Michael Sullivan

Punta Gorda - Port Charlotte Realty, LLC License #3031816

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,605

Year Built

  • Built in 1980

Lot Details

  • 1,496 Sq Ft Lot
  • Ocean Front

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • 3-Story Property
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Attached Garage
  • Electric Gate

Additional Features

  • Concrete Pool
  • Central Air

Community Details

Overview

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

Pet Policy

  • Pet Restriction: PETR

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,605

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: No
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 1800.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Other, Common Area Mnt
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: Yes
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: PETR
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5605.00
  • Vehicle Storage: Attached
  • Year Built: 1980
  • Alternate Key Number: 8565381
  • Cooling Heating: Central Air
  • Lot Sq Ft: 1496.00
  • Pool Info: Concrete
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2016.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Floor: Other
  • Half Bathrooms: 1
  • Windows/Doors: Other Windows/Doors
  • Appliances Other: YES
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Tile Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

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

Tax Info

  • Tax Year: 2015

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $915,000 Attorney
Special Warranty Deed $525,000 Shore To Shore Title Llc
Trustee Deed -- None Available
Trustee Deed -- None Available
Warranty Deed $849,000 Keys Title & Abstract Co
Warranty Deed $450,000 --
Warranty Deed $232,500 --
Warranty Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $222,000 Credit Line Revolving
Previous Owner $650,000 Purchase Money Mortgage
Closed $114,000 No Value Available
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: 123033

Florida Keys Board of REALTORS®

APN: 00064640-000117