NOT LISTED FOR SALE

Estimated Value: $800,036 - $1,014,000

2 Beds
2 Baths
1,111 Sq Ft
$811/Sq Ft Est. Value

Last Sold December 24, 2019

Last sale price $455,000 $410 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,551/month

16 Days on Market

About This Home

As of December 2019

Roomy, Key Colony Beach half-duplex home & room to expand or use as extra parking. There's even room for a splash POOL. This two-bed / two-bath property features some recent updates, a newer roof, a 37.5 ft concrete dock, deep water and only 5 minutes to the Ocean or Gulf, because there's no waiting in Paradise! Use as an 7 day vacation rental or as your stress-free part-time or full-time island escape. Walk or bike all Key Colony Beach to marina, restaurants, golf, post office, tennis, pickleball, playgrounds, City Hall and Sunset Park. It's all here for you!

Last Listed By

Walter Ceballos, P.A.

Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key License #BK3362857 Listed on: 10/10/2019

Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,396

Year Built

1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Concrete
  • Dockage Dock Length: 375
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Fire Hydrant, Bike Paths, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2987.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking, RV Parking Open, Trailer Storage, Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1972
  • Alternate Key Number: 1081027
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 4125.00
  • Shutters: Accordion, Clam Shell
  • Species List: No
  • Tax Exemptions: Homestead, Disability
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1111.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00075480-000100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2020
Sold by
Graves Jonathan M and Graves Mary Lynn
Bought by
Carrazana David and Perez Monica Lynn
Total Days on Market
16
Current Estimated Value
$900,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Outstanding Balance
$383,240
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$517,519

Purchase Details

Listed on
Oct 10, 2019
Closed on
Jan 6, 2020
Sold by
Carlton Revocable Trust
Bought by
Hechavarria Maria and Hechavarria Robert
Seller's Agent
Walter Ceballos, P.A.
Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key
Buyer's Agent
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$480,000
Sold Price
$455,000
Premium/Discount to List
-$25,000
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%
Original Mortgage
$0
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2019
Closed on
Dec 12, 2019
Sold by
Carlton Revocable Trust
Bought by
Hechavarria Maria and Hechavarria Robert
Seller's Agent
Walter Ceballos, P.A.
Berkshire Hathaway Home Services Keys Real Estate - Big Pine Key
Buyer's Agent
Lynn Lucas
Berkshire Hathaway HomeServices Keys Real Estate
List Price
$480,000
Sold Price
$455,000
Premium/Discount to List
-$25,000
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2012
Sold by
Carlton Robert B and Carlton Patricia A
Bought by
Carlton Robert B and Carlton Patricia Ann

Purchase Details

Closed on
May 21, 2007
Sold by
Southeast Resort Development Corp
Bought by
Carlton Robert B and Carlton Patricia A

Purchase Details

Closed on
Apr 24, 2003
Sold by
Waish Marcelie J
Bought by
Southeast Resort Development Corp

Purchase Details

Closed on
Sep 5, 1997
Sold by
Walsh Thomas M and Walsh Marcelle J
Bought by
Walsh Thomas M

Purchase Details

Closed on
Jul 24, 1995
Sold by
Wood Roger S and Wood Pauline G
Bought by
Walsh Thomas M and Walsh Marcelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.48%

Purchase Details

Closed on
Apr 1, 1981
Bought by
Carlton Rev Trust 7/26/2011

Purchase Details

Closed on
Apr 1, 1977
Bought by
Carlton Rev Trust 7/26/2011

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
Carrazana David $535,000 Attorney
Hechavarria Maria $455,000 New Title Company Name
Hechavarria Maria $455,000 New Title Company Name
Carlton Robert B -- Attorney
Carlton Robert B $480,000 Attorney
Southeast Resort Development Corp $385,000 --
Walsh Thomas M $100 --
Walsh Thomas M $150,000 --
Carlton Rev Trust 7/26/2011 $67,500 --
Carlton Rev Trust 7/26/2011 $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrazana David $428,000
Previous Owner Hechavarria Maria $0
Previous Owner Walsh Thomas M $51,105
Previous Owner Walsh Thomas M $50,000
Previous Owner Walsh Thomas M $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2019 12/24/19 Sold $455,000 -5.2% $410 / Sq Ft
10/10/2019 10/10/19 For Sale $480,000 -- $432 / Sq Ft
Source: Marathon and Lower Keys Association 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 $6,396 $700,551 $478,500 $222,051
2023 $6,396 $710,747 $474,375 $236,372
2022 $5,726 $614,701 $379,500 $235,201
2021 $5,164 $468,912 $260,906 $208,006
2020 $4,391 $406,273 $247,500 $158,773
2019 $3,638 $370,679 $0 $0
2018 $3,446 $363,768 $0 $0
2017 $3,332 $359,807 $0 $0
2016 $3,389 $352,407 $0 $0
2015 $3,373 $349,957 $0 $0
2014 $3,427 $347,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 587769

APN: 00075480-000100