NOT LISTED FOR SALE

2 Azalea Dr Key West, FL 33040

Estimated Value: $1,242,000 - $1,522,000

3 Beds
2 Baths
1,800 Sq Ft
$771/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $1,250,000 $694 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,715/month

111 Days on Market

About This Home

As of September 2023

Welcome to this unique canal-front retreat on a coveted 10,000 sq. ft. corner lot in the upscale waterfront community of Key Haven. Ready for your personal finishing touches, this custom three-bedroom, two-bath home features soaring open beam ceilings, spacious rooms and numerous windows and sliding glass doors that provide panoramic views of the expansive sun-kissed outdoor space with enchanting views down the extra wide canal. The oversized lot has plenty of room for a pool, pool house, tiki-hut, RV parking and more. There's a two-car covered carport and a concrete seawall with dockage for 2 boats. With excellent boating access to the Gulf and Atlantic, you'll be just minutes away from world class fishing and beautiful off-shore island beaches and sandbars. Not to mention, you'll be within biking distance of the activities and excitement of Key West. Bring your creativity and contractor and create your personal waterfront Oasis in the Florida Keys. Owner financing for well qualified buyers.

Last Agent to Sell the Property

Dina Schoneck

Berkshire Hathaway HomeServices Knight & Gardner Realty License #665084 Listed on: 05/18/2023

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Dina Schoneck

Florida Keys Real Estate Company (KW)

Home Details

Home Type

Single Family

Year Built

1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: Yes
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key Haven
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6524.09
  • Title: Negotiable
  • Vehicle Storage: Carport, RV Parking Open, Off Street Parking, Attached
  • Vehicle Storage Cars: 4+
  • Year Built: 1973
  • Alternate Key Number: 1168211
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 10000.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1800.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Walk-in Closet(s), Pantry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Range, Refrigerator, Dishwasher
  • Floor: Tile
  • Specialty Rooms: Utility Room
  • Windows/Doors: Sliding Glass Doors, Awning Windows
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Combo Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Cable Available, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00133880-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.23

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Sep 12, 2023
Sold by
Schoneck Cynthia Ann
Bought by
Boan Pavla
Seller's Agent
Dina Schoneck
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Dina Schoneck
Florida Keys Real Estate Company (KW)
List Price
$1,700,000
Sold Price
$1,250,000
Premium/Discount to List
-$450,000
-26.47%
Views
89
Current Estimated Value
$1,387,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,978
Avg. Annual Appreciation
4.66%
Original Mortgage
$625,000
Outstanding Balance
$380,673
Interest Rate
7%
Mortgage Type
Seller Take Back
Estimated Equity
$1,007,305

Purchase Details

Closed on
Aug 11, 2022
Sold by
Jerry Dean
Bought by
Schoneck Cynthia Ann

Purchase Details

Closed on
Dec 11, 1995
Sold by
Schoneck Mildred I
Bought by
Dean Jerry C and Dean Cynthia S

Purchase Details

Closed on
Jun 1, 1995
Bought by
Dean Cynthia Schoneck

Purchase Details

Closed on
Feb 1, 1971
Bought by
Dean Cynthia Schoneck
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boan Pavla $1,250,000 None Listed On Document
Schoneck Cynthia Ann -- Highsmith & Van Loon Pa
Dean Jerry C $240,000 --
Dean Cynthia Schoneck $240,000 --
Dean Cynthia Schoneck $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boan Pavla $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2023 09/12/23 Sold $1,250,000 -10.7% $694 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $1,400,000 -12.4% $778 / Sq Ft
06/13/2023 06/13/23 Price Changed $1,598,000 -6.0% $888 / Sq Ft
05/18/2023 05/18/23 For Sale $1,700,000 -- $944 / Sq Ft
Source: Key West 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
2025 $5,316 $679,410 -- --
2024 $6,893 $607,205 -- --
2023 $6,893 $771,408 $528,200 $243,208
2022 $6,524 $771,859 $528,200 $243,659
2021 $6,104 $624,016 $406,600 $217,416
2020 $5,976 $604,081 $399,000 $205,081
2019 $5,885 $592,041 $383,800 $208,241
2018 $6,025 $590,206 $383,800 $206,406
2017 $5,778 $571,510 $0 $0
2016 $5,517 $542,164 $0 $0
2015 $5,155 $470,100 $0 $0
2014 $5,930 $523,007 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 605439

Key West Association of REALTORS®

APN: 00133880-000000