NOT LISTED FOR SALE

1616 Atlantic Blvd Unit 20 Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,618,000 - $1,956,000

2 Beds
2.5 Baths
2,016 Sq Ft
$896/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $1,225,000 $608 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $11,525/month

65 Days on Market

Highlights

  • Concrete Pool
  • Marble Flooring
  • Lanai
  • Waterfront
  • Cathedral Ceiling
  • 2-minute walk to Key West Nature Preserve

About This Home

As of December 2020

Stylish and elegant town home located at the prestigious Casa Caselles. First floor has covered parking, an outdoor courtyard area overlooking a private heated pool. The spacious foyer is warm and welcoming. The second level of the this townhome is the main living area. An open concept with special attention to the large island located in the kitchen. Custom cabinetry throughout. The top floor has two bedrooms with attached bathrooms. Each room has a walk in closet. The eight balconies offer an abundance of light throughout the unit. Perfect unit to lock and leave or enjoy year around. Bonus, full house generator with a service warranty!!

Last Agent to Sell the Property

Daniel Skahen

Preferred Properties (KW) License #624743 Listed on: 09/24/2020

Last Buyer's Agent

Dean Townsend

Waterfront Resort Realty (KW)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,565

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 1,516 Sq Ft Lot
  • Waterfront
  • Privacy Fence
  • Fenced

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Tile Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer

Kitchen

  • <<OvenToken>>
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Parking

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

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 00064640-000120

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,565

Year Built

Built in 1980 | Remodeled

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: Bldg Exterior Mnt, 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 East
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, 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: 9564.96
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Off Street Parking, Guest Parking
  • Year Built: 1980
  • Alternate Key Number: 8565429
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 1516.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2016.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Walk-in Closet(s), Entrance Foyer, Granite Counter Top, Cathedral Ceilings, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Wine Cooler, Washer, Stainless Steel Appliance(s), Oven, Dryer, Disposal
  • Floor: Combo, Wood, Tile, Marble
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Privacy Wall/Fence, Lighting, Lanai
  • Roof: Tile Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, Water Separate Meter, Municipal Sewer, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00064640-000120
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: No
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Dec 21, 2020
Sold by
Sikich John M and John M Sikich Jr Living Trust
Bought by
Malouin Fernand and Fernand Malouin Trust
Seller's Agent
Daniel Skahen
Preferred Properties (KW)
Buyer's Agent
Dean Townsend
Waterfront Resort Realty (KW)
List Price
$1,480,000
Sold Price
$1,225,000
Premium/Discount to List
-$255,000
-17.23%
Current Estimated Value
$1,806,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,227
Avg. Annual Appreciation
8.57%

Purchase Details

Listed on
Feb 5, 2018
Closed on
Apr 2, 2018
Sold by
Ingram Michael B
Bought by
John M Sikich Jr Living Trust
Seller's Agent
Roger Emmons
Truman & Co. (KW)
Buyer's Agent
Roger Emmons
Truman & Co. (KW)
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.74%

Purchase Details

Listed on
Mar 4, 2014
Closed on
Apr 30, 2014
Sold by
Allen Jon R
Bought by
Ingram Michael B
Seller's Agent
Douglas Mayberry
Doug Mayberry Real Estate (KW)
Buyer's Agent
Kimball Ingram
Doug Mayberry Real Estate (KW)
List Price
$795,000
Sold Price
$765,000
Premium/Discount to List
-$30,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%
Original Mortgage
$529,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 27, 2007
Sold by
Bonney Hugh H
Bought by
Allen Jon R and Kay Martin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1988
Bought by
Ingram Michael B

Purchase Details

Closed on
Aug 1, 1983
Bought by
Ingram Michael B
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
Malouin Fernand $1,225,000 Attorney
John M Sikich Jr Living Trust $1,250,000 None Listed On Document
Ingram Michael B $765,000 Attorney
Allen Jon R $830,000 Attorney
Ingram Michael B $188,000 --
Ingram Michael B $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ingram Michael B $529,000
Previous Owner Allen Jon R $664,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $1,225,000 -17.2% $608 / Sq Ft
09/24/2020 09/24/20 For Sale $1,480,000 +18.4% $734 / Sq Ft
04/02/2018 04/02/18 Sold $1,250,000 0.0% $620 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $1,250,000 +63.4% $620 / Sq Ft
04/30/2014 04/30/14 Sold $765,000 -3.8% $379 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $795,000 -- $394 / 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 $11,401 $1,447,845 $660,370 $787,475
2023 $11,401 $1,415,485 $660,370 $755,115
2022 $10,061 $1,215,329 $451,753 $763,576
2021 $9,478 $1,033,471 $297,166 $736,305
2020 $9,407 $1,028,798 $284,409 $744,389
2019 $9,565 $1,037,634 $285,160 $752,474
2018 $5,798 $638,640 $0 $0
2017 $5,773 $625,505 $0 $0
2016 $5,962 $612,640 $0 $0
2015 $6,659 $666,604 $0 $0
2014 $5,018 $483,801 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592722

Florida Keys Board of REALTORS®

APN: 00064640-000120