NOT LISTED FOR SALE

1616 Atlantic Blvd Unit 3 Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,517,871 - $1,641,000

2 Beds
2.5 Baths
1,940 Sq Ft
$825/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $1,125,000 $580 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $10,136/month

6 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Balcony
  • Concrete Pool
  • Stainless Steel Appliances
  • 2-minute walk to Key West Nature Preserve

About This Home

As of February 2022

This townhome at Casa Caselles is one of twenty sharing a beautiful oceanfront swimming pool. There is covered parking right at the door and the home has four balconies. Two balconies overlook the nature preserve and two have glimpses of the ocean. Casa Caselles does not allow any rentals.

Last Agent to Sell the Property

Mabry Binnicker

Preferred Properties (KW) License #635040 Listed on: 01/13/2022

Last Buyer's Agent

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105

Coldwell Banker Schmitt Real Estate Co. (KW)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,099

Year Built

  • Built in 1980

Lot Details

  • 1,431 Sq Ft Lot

HOA Fees

  • $600 Monthly HOA Fees

Interior Spaces

  • 1,940 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Ocean Views

Kitchen

  • <<OvenToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Carport
  • Electric Gate
  • Guest Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 00064640-000103

Community Details

Overview

  • Association fees include common area mnt
  • Casa Caselles Subdivision

Pet Policy

  • Pet Restriction: YES

Security

  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,099

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 Fee: 600.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 6099.37
  • Title: Negotiable
  • Vehicle Storage: Carport, Guest Parking
  • Year Built: 1980
  • Alternate Key Number: 8565232
  • Building Style: Townhouse
  • 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: Monthly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1940.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Windows/Doors: Glass Doors, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction
  • Roof: Other Roof
  • Waterview: Ocean View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00064640-000103
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: No
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Feb 18, 2022
Sold by
Key Jennifer L
Bought by
Krile Jeffrey A and Krile Michelle L
Seller's Agent
Mabry Binnicker
Preferred Properties (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$1,125,000
Sold Price
$1,125,000
Current Estimated Value
$1,600,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,968
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
Sep 15, 2016
Sold by
Key Hugh B and Key Lopez Armando
Bought by
Key Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2012
Sold by
Key Hugh and Binnicker Mabry L
Bought by
Key Hugh and Binnicker Mabry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 18, 2006
Sold by
Hildebrandt Susan D and Hildebrandt Frederick H
Bought by
Key Hugh B and Key Lopez Armando Emilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 14, 2002
Sold by
Anthony C Zirilli M and Zirilli M Susan D
Bought by
Zirilli Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 1998
Sold by
Martin Henry L and Mccooey Daniel D
Bought by
Zirilli Anthony C and Zirilli Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1994
Bought by
Key Hugh B

Purchase Details

Closed on
May 1, 1988
Bought by
Key Hugh B

Purchase Details

Closed on
Jul 1, 1986
Bought by
Key Hugh B

Purchase Details

Closed on
Apr 1, 1984
Bought by
Key Hugh B

Purchase Details

Closed on
Jun 1, 1981
Bought by
Key Hugh B
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
Krile Jeffrey A $1,125,000 Oropeza Stones Cardenas Pllc
Key Jennifer L $554,300 Boston National Ttl Agcy Llc
Key Hugh -- Southernmost Title Inc
Key Hugh B $825,000 First American Title Ins Co
Zirilli Susan D $127,000 --
Zirilli Anthony C $295,000 --
Key Hugh B $217,500 --
Key Hugh B $215,000 --
Key Hugh B $154,000 --
Key Hugh B $109,000 --
Key Hugh B $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Key Jennifer L $555,000
Previous Owner Key Hugh $75,000
Previous Owner Key Hugh B $660,000
Previous Owner Zirilli Susan D $100,000
Previous Owner Zirilli Anthony C $275,000
Previous Owner Zirilli Anthony C $265,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $1,125,000 0.0% $580 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $1,125,000 -- $580 / 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 $8,322 $1,010,145 -- --
2023 $8,322 $980,724 $0 $0
2022 $7,016 $945,080 $435,038 $510,042
2021 $6,099 $647,674 $286,171 $361,503
2020 $6,007 $639,532 $273,886 $365,646
2019 $6,135 $648,542 $274,609 $373,933
2018 $6,328 $656,828 $274,609 $382,219
2017 $6,129 $623,457 $0 $0
2016 $3,984 $409,097 $0 $0
2015 $4,062 $406,253 $0 $0
2014 $4,178 $403,029 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599169

Florida Keys Board of REALTORS®

APN: 00064640-000103