$267,750
SOLD JAN 19, 2018

18 Cactus Dr Key West, FL 33040

3 Beds
2 Baths
1,400 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$191 Per Sq Ft

37% Below List Price

169 Days on Market

Highlights

  • Fruit Trees
  • Ceiling Fan
  • 1-minute walk to The Park
  • No HOA

About This Home

As of January 2020

3/2 single family home on end of street. Cash Only. Irma damaged, AS IS. No representation or warranties Sewer not connected, open code case. See documents tab in MLS for more info. Please contact City of Key West before making offer. No representation about downstairs. Auction Dates Nov. 25-28.

Last Agent to Sell the Property

Patricia Quasney

Keller Williams Key West Compass Realty License #3346367 Listed on: 06/14/2017

Keller Williams Key West Compass Realty

Co-Listed By

Deb Bennett

LoKation Real Estate License #419141

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,395

Year Built

  • Built in 1982

Lot Details

  • 7,500 Sq Ft Lot
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Open Parking
  • Off-Street Parking

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Similar Sound Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00153810-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,395

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 3
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Big Coppitt
  • Limited Representation: No
  • Mile Marker: 10.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2394.72
  • Vehicle Storage: Off Street Parking, Open Parking
  • Year Built: 1982
  • Alternate Key Number: 1199290
  • Cooling Heating: Ceiling Fans(s)
  • Lot Sq Ft: 7500.00
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1400.00
  • Sewer Hook Up: No
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Other
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Specialty Rooms: Other
  • Appliances Other: unknown
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fruit Tree(s)
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE10
  • Parcel Number: 00153810-000000
  • Lot Size: 75 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Feb 5, 2020
Sold by
Summit Acquisition Group Llc
Bought by
Coffman Charles
Seller's Agent
Juan Gonzalez
Prime Realty Advisors of Florida, LLC
Buyer's Agent
Lindsay Ryan
Island Breeze Realty, LLC
List Price
$589,000
Sold Price
$552,000
Premium/Discount to List
-$37,000
-6.28%
Current Estimated Value
$938,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,946
Avg. Annual Appreciation
9.97%
Original Mortgage
$552,000
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 7, 2019
Closed on
Jan 31, 2020
Sold by
Summit Acquisition Group Llc
Bought by
Coffman Charles
Seller's Agent
Juan Gonzalez
Prime Realty Advisors of Florida, LLC
Buyer's Agent
Lindsay Ryan
Island Breeze Realty, LLC
List Price
$589,000
Sold Price
$552,000
Premium/Discount to List
-$37,000
-6.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 14, 2017
Closed on
Dec 6, 2017
Sold by
Wilmington Trust Na
Bought by
Summit Acquisition Group Llc
Seller's Agent
Patricia Quasney
Keller Williams Key West Compass Realty
Buyer's Agent
Creative Technology
List Price
$425,000
Sold Price
$267,750
Premium/Discount to List
-$157,250
-37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.82%
Original Mortgage
$170,000
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
May 23, 2017
Sold by
Edwards James C and Edwards Brenda R
Bought by
Wilmington Trust National Association

Purchase Details

Closed on
Mar 30, 2006
Sold by
Stangler Christopher A and Stangler Pamela A
Bought by
Edwards James C and Edwards Brenda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 29, 2003
Sold by
Sanders Philip
Bought by
Stangler Christopher B and Stangler Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1993
Bought by
Edwards James C and Edwards Brenda R

Purchase Details

Closed on
Aug 3, 1993
Sold by
Sanders Dorsey A
Bought by
Sanders Jo Ann

Purchase Details

Closed on
Jul 29, 1993
Sold by
Sanders Philip
Bought by
Sanders John Ann

Purchase Details

Closed on
Jul 28, 1993
Sold by
Sanders Dorsey A
Bought by
Sanders Jo Ann

Purchase Details

Closed on
Apr 1, 1989
Bought by
Edwards James C and Edwards Brenda R

Purchase Details

Closed on
Oct 1, 1984
Bought by
Edwards James C and Edwards Brenda R

Purchase Details

Closed on
Sep 1, 1983
Bought by
Edwards James C and Edwards Brenda R

Purchase Details

Closed on
Jun 1, 1979
Bought by
Edwards James C and Edwards Brenda R
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 $552,000 New Title Company Name
Warranty Deed $552,000 New Title Company Name
Special Warranty Deed -- Attorney
Deed -- None Available
Warranty Deed $630,000 Chicago Title Of The Fl Keys
Warranty Deed $311,000 Chicago Title Of The Florida
Warranty Deed $120,000 --
Quit Claim Deed -- --
Deed -- --
Deed -- --
Warranty Deed $85,000 --
Warranty Deed $97,000 --
Warranty Deed $68,000 --
Deed $10,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $545,384 VA
Closed $552,000 Purchase Money Mortgage
Closed $552,000 Purchase Money Mortgage
Previous Owner $190,000 Balloon
Previous Owner $170,000 Balloon
Previous Owner $126,000 Credit Line Revolving
Previous Owner $504,000 New Conventional
Previous Owner $340,000 Fannie Mae Freddie Mac
Previous Owner $22,000 Credit Line Revolving
Previous Owner $248,800 Purchase Money Mortgage
Closed $61,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $552,000 -4.8% $235 / Sq Ft
11/20/2019 11/20/19 Price Changed $579,900 -1.5% $247 / Sq Ft
10/07/2019 10/07/19 For Sale $589,000 +120.0% $250 / Sq Ft
01/19/2018 01/19/18 Sold $267,750 -37.0% $191 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $425,000 -- $304 / 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 $4,728 $501,528 -- --
2023 $4,728 $486,921 $0 $0
2022 $4,609 $472,739 $0 $0
2021 $4,723 $458,970 $170,438 $288,532
2020 $4,824 $441,566 $159,075 $282,491
2019 $3,533 $279,359 $183,694 $95,665
2018 $3,517 $270,372 $179,775 $90,597
2017 $2,460 $210,506 $0 $0
2016 $2,395 $192,817 $0 $0
2015 $2,475 $195,810 $0 $0
2014 $2,522 $192,701 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 575919

Florida Keys Board of REALTORS®

APN: 00153810-000000