NOT LISTED FOR SALE

1616 Atlantic Blvd Unit 9 Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,525,000 - $1,758,000

2 Beds
2.5 Baths
1,940 Sq Ft
$852/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $928,000 $478 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $10,122/month

35 Days on Market

Highlights

  • Ocean Front
  • Balcony
  • Walk-In Closet
  • Concrete Pool
  • Complete Accordion Shutters
  • 2-minute walk to Key West Nature Preserve

About This Home

As of December 2020

Spectacular ocean view in an intimate Mediterranean inspired enclave on the edge of the Atlantic! Enter the private gates of Casa Caselles to enjoy an incredible oceanfront community exclusive to just 20 residences. Your absolute privacy is ensured as rentals are not permitted. While the main living area on the first floor is highlighted by an exceptional view of the Atlantic Ocean, the vista from the master suite is truly breathtaking. You can savor the view from other vantage points on both the guest bedroom and breakfast balconies. The current floor plan features 2 en suite bedrooms, although you may be enticed to maximize the potential of the home with a transformation into 3 suites on 2 floors. A secluded 23 x 20 patio shrouded by lush tropical palms and . . .

Last Agent to Sell the Property

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 10/09/2020

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 10/09/2020

Coldwell Banker Schmitt Real Estate Co. (KW)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,555

Year Built

  • Built in 1980

Lot Details

  • 1,431 Sq Ft Lot
  • Ocean Front
  • Fenced

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,940 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Double Hung Windows
  • Blinds
  • Sliding Doors
  • Storage
  • Laundry Room
  • Utility Room
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Home Security

Parking

  • 2 Parking Spaces
  • Carport
  • Electric Gate
  • Guest Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Patio

Utilities

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

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 00064640-000109

Community Details

Overview

  • Association fees include common area mnt
  • 20 Units
  • Casa Caselles Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,555

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: 1800.00
  • 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
  • Neighborhood Feature: Community Pool, Fire Hydrant
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6555.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking, Off Street Parking, Covered Parking, Guest Parking, Carport
  • Vehicle Storage Cars: 2
  • Year Built: 1980
  • Alternate Key Number: 8565305
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 1431.00
  • Pool Info: Concrete, In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1940.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Pantry, Storage, Smoke Alarms
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Microwave, Disposal
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Double Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Stucco, Frame
  • Exterior Features: Fencing, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE
  • Parcel Number: 00064640-000109
  • Land Size: 2 Less Than 5 Acres
  • Acres: 0.03

Rental Info

  • Rentals Allowed: No
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Dec 1, 2020
Sold by
Kullson Wendy L
Bought by
Musmanno Victor H and Victor H Musmanno Ii Revocable
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
$994,000
Sold Price
$928,000
Premium/Discount to List
-$66,000
-6.64%
Current Estimated Value
$1,653,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$725,231
Avg. Annual Appreciation
12.68%
Original Mortgage
$742,400
Outstanding Balance
$669,611
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$941,422

Purchase Details

Listed on
Oct 9, 2020
Closed on
Oct 8, 2020
Sold by
Kullson Richard L and Kullson Wendy L
Bought by
Kullson Wendy 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
$994,000
Sold Price
$928,000
Premium/Discount to List
-$66,000
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,400
Outstanding Balance
$669,611
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$941,422

Purchase Details

Listed on
Oct 16, 2019
Closed on
Jan 30, 2020
Sold by
Dee Magee Bradley and Dee Ann Marcia
Bought by
Kullson Richard L
Seller's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$999,000
Sold Price
$925,000
Premium/Discount to List
-$74,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.39%

Purchase Details

Listed on
Mar 31, 2015
Closed on
Jun 8, 2015
Sold by
Gruneisen Albert
Bought by
Magee Bradley Dee and Magee Marcia Ann
Seller's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
Buyer's Agent
Steven Schwartz
Seaport Realtors (KW)
List Price
$932,000
Sold Price
$849,000
Premium/Discount to List
-$83,000
-8.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%

Purchase Details

Closed on
Mar 6, 2006
Sold by
Gruneisen Properties Llc
Bought by
Gruneisen Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 27, 2005
Sold by
Reverse Exchange Intermediary Llc
Bought by
Gruneisen Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2005
Sold by
Adams James B and Russell Donald
Bought by
Reverse Exchange Intermediary Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,073,848
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2002
Bought by
Magee Bradley Dee and Magee Marcia Ann

Purchase Details

Closed on
Jul 1, 1995
Bought by
Magee Bradley Dee and Magee Marcia Ann

Purchase Details

Closed on
Apr 1, 1991
Bought by
Magee Bradley Dee and Magee Marcia Ann

Purchase Details

Closed on
Aug 1, 1980
Bought by
Magee Bradley Dee and Magee Marcia Ann
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Musmanno Victor H $928,000 Attorney
Kullson Wendy L -- Oropeza Stones & Cardenas Pllc
Kullson Richard L $925,000 --
Kullson Richard L $925,000 Attorney
Magee Bradley Dee $849,000 Attorney
Gruneisen Albert -- None Available
Gruneisen Properties Llc -- --
Reverse Exchange Intermediary Llc $1,050,000 --
Magee Bradley Dee $168,000 --
Magee Bradley Dee $300,000 --
Magee Bradley Dee $190,000 --
Magee Bradley Dee $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musmanno Victor H $742,400
Previous Owner Magee Bradley D $529,000
Previous Owner Magee Bradley Dee $529,000
Previous Owner Gruneisen Albert $100,500
Previous Owner Gruneisen Albert $840,000
Previous Owner Gruneisen Properties Llc $1,067,297
Previous Owner Reverse Exchange Intermediary Llc $1,073,848
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $928,000 -6.6% $478 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $994,000 +7.5% $512 / Sq Ft
01/30/2020 01/30/20 Sold $925,000 -7.4% $477 / Sq Ft
01/09/2020 01/09/20 Pending -- -- --
10/16/2019 10/16/19 For Sale $999,000 +17.7% $515 / Sq Ft
06/08/2015 06/08/15 Sold $849,000 -8.9% $438 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $932,000 -- $480 / 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 $4,691 $562,897 -- --
2023 $4,691 $546,502 $0 $0
2022 $4,487 $530,585 $0 $0
2021 $4,583 $515,132 $0 $0
2020 $6,851 $776,475 $410,829 $365,646
2019 $6,828 $767,688 $0 $0
2018 $6,832 $753,374 $0 $0
2017 $6,804 $737,879 $0 $0
2016 $7,031 $722,703 $0 $0
2015 $5,437 $580,394 $0 $0
2014 $4,767 $418,445 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vic Musmanno

    Seller's Agent in 2020

    Vic Musmanno

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 304-2623

    68 in this area

    156 Total Sales

    Vic Musmanno
    Section Image

  • R

    Seller's Agent in 2020

    Rick Lively

    Coldwell Banker Schmitt R.E.

  • S

    Buyer's Agent in 2015

    Steven Schwartz

    Seaport Realtors (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592913

Florida Keys Board of REALTORS®

APN: 00064640-000109

Florida Monroe County Key West 33040 Mid Town

1616 Atlantic Blvd Unit 9, Key West, FL

This home is located at 1616 Atlantic Blvd Unit 9, Key West, FL 33040 since 09 October 2020 and is currently estimated at $1,653,231, approximately $852 per square foot. This property was built in 1980. 1616 Atlantic Blvd Unit 9 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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