NOT LISTED FOR SALE

1616 Atlantic Blvd Unit 2 Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,309,969 - $1,621,000

2 Beds
2 Baths
1,940 Sq Ft
$778/Sq Ft Est. Value

Last Sold April 02, 2018

Last sale price $779,000 $402 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $8,464/month

7 Days on Market

Highlights

  • Beach
  • Cathedral Ceiling
  • Balcony
  • Concrete Pool
  • Lanai
  • 2-minute walk to Key West Nature Preserve

About This Home

As of April 2018

Casa Caselles is an enclave of 20 luxury townhomes in a gated community adjoining the Atlantic Ocean in Key West. The Mediterranean inspired community is impeccably maintained and has a large heated oceanfront pool and guest parking. This beautifully kept two bedroom, two and a half bath townhome has been recently renovated with new kitchen and baths. There are three levels of living space. The ground level has covered parking, a landscaped courtyard and spacious entry. The second level is an open floor plan with living and dining areas and a sleek all white kitchen with stainless steel appliances. In addition there is a half bath and two balconies. The third level consists of two master bedrooms with vaulted ceilings and ensuite baths and walk-in closets. Both bedrooms open to balconies.

Last Agent to Sell the Property

Roger Emmons

Truman & Co. (KW) License #608452 Listed on: 02/06/2018

Co-Listed By

Kenneth Edwards

Truman & Co. (KW) License #608312

Last Buyer's Agent

Sean Farrer, P.A.

Coastline R.E. & Property Mgmt. (KW)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,809

Year Built

  • Built in 1980

Lot Details

  • 1,431 Sq Ft Lot
  • Fenced

Home Design

  • Tile Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,940 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Tile Flooring
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Electric Gate
  • Guest Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 00064640-000102

Community Details

Overview

  • Property has a Home Owners Association
  • $1,800 Maintenance Fee
  • Association fees include bldg exterior mnt, common area mnt, cable
  • Casa Caselles Subdivision

Recreation

  • Beach

Pet Policy

  • Pet Restriction: YES

Security

  • Building Security System
  • Complete Accordion Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,809

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Maintenance Fee: 1800.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Other, Common Area Mnt, Cable
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5809.26
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Off Street Parking, Guest Parking
  • Year Built: 1980
  • Alternate Key Number: 8565224
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 1431.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion, Roll Down Manual
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1940.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Walk-in Closet(s), Smoke Alarms, Security System, Entrance Foyer, Cathedral Ceilings, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Dryer
  • Floor: Tile
  • Windows/Doors: Other Windows/Doors, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Storage, Lighting, Lanai
  • Roof: Tile Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Central Station Sys, Electric Gate
  • Utilities: Cable Available, Water Separate Meter, FKAA, Municipal Sewer, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00064640-000102
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: No
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2018
Closed on
Apr 2, 2018
Sold by
John M Sikich Jr Living Trust
Bought by
Tipton Family Revocable Living
Seller's Agent
Roger Emmons
Truman & Co. (KW)
Buyer's Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
List Price
$789,000
Sold Price
$779,000
Premium/Discount to List
-$10,000
-1.27%
Current Estimated Value
$1,509,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$730,742
Avg. Annual Appreciation
9.91%

Purchase Details

Closed on
Jan 29, 2003
Sold by
Hutchinson Ann
Bought by
Liv Hinden Irene Lee and Liv Irene Lee Hinden Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1999
Sold by
Lannon Dennis E and Lannon Carol L
Bought by
Hutchison Ann

Purchase Details

Closed on
Aug 29, 1996
Sold by
Lucille Darrell L and Lucille Feaker
Bought by
Lannon Dennis E and Lannon Carol L

Purchase Details

Closed on
Jul 1, 1995
Bought by
Sikich John M Jr Living Trust Restated 4/3/20

Purchase Details

Closed on
Feb 1, 1991
Bought by
Sikich John M Jr Living Trust Restated 4/3/20

Purchase Details

Closed on
May 1, 1984
Bought by
Sikich John M Jr Living Trust Restated 4/3/20

Purchase Details

Closed on
Feb 1, 1983
Bought by
Sikich John M Jr Living Trust Restated 4/3/20

Purchase Details

Closed on
Dec 1, 1980
Bought by
Sikich John M Jr Living Trust Restated 4/3/20
Source: Public Records

Range of Values:

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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
Tipton Family Revocable Living $779,000 None Listed On Document
Tipton Family Revocable Living $779,000 None Listed On Document
Liv Hinden Irene Lee $637,500 Chicago Title Florida Keys
Hutchison Ann $298,600 --
Lannon Dennis E $210,000 --
Sikich John M Jr Living Trust Restated 4/3/20 $210,000 --
Sikich John M Jr Living Trust Restated 4/3/20 $190,000 --
Sikich John M Jr Living Trust Restated 4/3/20 $155,000 --
Sikich John M Jr Living Trust Restated 4/3/20 $153,000 --
Sikich John M Jr Living Trust Restated 4/3/20 $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liv Hinden Irene Lee $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2018 04/02/18 Sold $779,000 -1.3% $402 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $789,000 +21.4% $407 / Sq Ft
10/15/2015 10/15/15 Sold $650,000 -12.8% $335 / Sq Ft
09/28/2015 09/28/15 Pending -- -- --
02/17/2014 02/17/14 For Sale $745,000 -- $384 / 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 $5,899 $711,733 -- --
2023 $5,899 $691,003 $0 $0
2022 $5,645 $670,877 $0 $0
2021 $5,776 $651,337 $286,171 $365,166
2020 $5,687 $643,238 $273,886 $369,352
2019 $5,811 $652,332 $274,609 $377,723
2018 $6,288 $660,702 $274,609 $386,093
2017 $5,809 $588,579 $0 $0
2016 $5,784 $553,325 $0 $0
2015 $6,238 $583,341 $0 $0
2014 $4,209 $405,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roger Emmons

    Seller's Agent in 2018

    Roger Emmons

    Truman & Co. (KW)

    (305) 304-7446

    23 in this area

    85 Total Sales

    Roger Emmons
    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Kenneth Edwards

    Truman & Co. (KW)

    (305) 304-0922

    19 in this area

    49 Total Sales

    Kenneth Edwards
    Section Image

  • S

    Buyer's Agent in 2018

    Sean Farrer, P.A.

    Coastline R.E. & Property Mgmt. (KW)

  • Sean Farrer

    Buyer's Agent in 2018

    Sean Farrer

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 924-0700

    25 in this area

    141 Total Sales

    Sean Farrer
    Section Image

  • M

    Seller's Agent in 2015

    Mabry Binnicker

    Preferred Properties (KW)

    (305) 294-3040

    5 in this area

    16 Total Sales

    Mabry Binnicker
    Section Image
  • Daniel Skahen

    Buyer's Agent in 2015

    Daniel Skahen

    Preferred Properties (KW)

    (305) 923-6524

    8 in this area

    33 Total Sales

    Daniel Skahen
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578645

Florida Keys Board of REALTORS®

APN: 00064640-000102

Florida Monroe County Key West 33040 Mid Town

1616 Atlantic Blvd Unit 2, Key West, FL

This home is located at 1616 Atlantic Blvd Unit 2, Key West, FL 33040 since 06 February 2018 and is currently estimated at $1,509,742, approximately $778 per square foot. This property was built in 1980. 1616 Atlantic Blvd Unit 2 is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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