$650,000
SOLD OCT 15, 2015

1616 Atlantic Blvd Unit 2 Key West, FL 33040

Mid Town Neighborhood
2 Beds
2.5 Baths
1,940 Sq Ft
$600/mo HOA Fee

Recently Sold

$335 Per Sq Ft

13% Below List Price

588 Days on Market

Highlights

  • Ocean View
  • Outdoor Water Feature
  • Electric Gate
  • Concrete Pool
  • Walk-In Closet
  • 2-minute walk to Key West Nature Preserve

About This Home

As of April 2018

This three-story townhome at glamorous Casa Caselles has two balconies with ocean views and two balconies overlooking the lush and green nature preserve. The modern kitchen is light and bright and each spacious bedroom has a walk-in closet and a sleek well-appointed bath. There is covered parking at the front door and a private and tranquil rear courtyard. The oceanfront pool is one of the prettiest in Key West. There are no rentals at Casa Caselles so the neighbors are all owners or their guests.

Last Agent to Sell the Property

Mabry Binnicker

Preferred Properties (KW) License #635040 Listed on: 02/17/2014

Last Buyer's Agent

Daniel Skahen

Preferred Properties (KW) License #624743

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,193

Year Built

  • Built in 1980

Lot Details

  • 1,431 Sq Ft Lot
  • Privacy Fence
  • Sprinkler System

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 1,940 Sq Ft Home
  • 3-Story Property
  • Sliding Doors
  • Tile Flooring
  • Ocean Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Electric Gate
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Outdoor Water Feature
  • Exterior Lighting

Utilities

  • Central Air

Listing and Financial Details

  • Homestead Exemption

Community Details

Overview

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

Pet Policy

  • Pet Restriction: YES

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,193

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: No
  • Association Approval Required: No
  • 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: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4193.00
  • Vehicle Storage: Covered Parking, Off Street Parking
  • Year Built: 1980
  • Alternate Key Number: 8565224
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 1431.00
  • Pool Info: Concrete, In Ground
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: Homestead
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1940.00
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

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

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Lighting, Water Display, Sprinkler System, Privacy Wall/Fence
  • 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

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2013

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
$1,569,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$790,055
Avg. Annual Appreciation
9.68%

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

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Range of Values:

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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 $779,000 None Listed On Document
Warranty Deed $779,000 None Listed On Document
Warranty Deed $637,500 Chicago Title Florida Keys
Warranty Deed $298,600 --
Deed $210,000 --
Warranty Deed $210,000 --
Warranty Deed $190,000 --
Warranty Deed $155,000 --
Warranty Deed $153,000 --
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Purchase Money Mortgage
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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119391

Florida Keys Board of REALTORS®

APN: 00064640-000102