NOT LISTED FOR SALE

2 Palmetto Dr Key West, FL 33040

Estimated Value: $1,074,000 - $1,385,000

4 Beds
2 Baths
1,680 Sq Ft
$729/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $796,000 $474 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,143/month

Highlights

  • Ocean View
  • Screened Balcony
  • Outdoor Storage
  • Waterfront
  • Impact Glass
  • 1-minute walk to The Park

About This Home

As of October 2019

4 bedroom 2 bath CBS home. Two bedrooms waterfront with doors leading to covered screen porch. Well appointed furnishings. Private Yard front and back. Concrete sea wall. Back country boating access, easy access to the Atlantic. 10 mins to Key West. 6 months + to 12 month lease option. F/L/S

Last Agent to Rent the Property

Heather Bennett

Keller Williams Key West Compass Realty License #663105 Listed on: 05/01/2019

Keller Williams Key West Compass Realty

Last Renter's Agent

Heather Bennett

Florida Keys Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Year Built

  • 1974

Lot Details

  • 8,233

Parking

  • Carport

Interior Spaces

  • 1,680 Sq Ft Home
  • Ocean Views
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Screened Balcony
  • Outdoor Storage

Additional Features

  • Waterfront
  • Ground Level
  • Central Air

Community Details

  • Bay View Park Subdivision

Listing and Financial Details

  • Security Deposit $5,000
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Year Built

1974

Lot Details

0

Rental Info

  • Furnishings: Furnished
  • Last Month's Rent: 5000.00
  • Lease Type: 6 + Months
  • Monthly Rent: 5000.00
  • Security Deposit: 5000.00

Listing Details

  • Property Type: Rental
  • Property Type 2: Single Family
  • Dockage Seawall: Concrete
  • Key Island: Big Coppitt
  • Mile Marker: 10.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 20010809200717574625000000
  • State Province: FL
  • Vehicle Storage: Carport
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Porch Balcony: Screened P/B
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1680.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Microwave, Dryer
  • Windows/Doors: Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Yes
  • Exterior Features: Storage
  • View: Ocean View - Full
  • Pool: No

Utilities

  • Utilities: FKAA, Sewer Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
Apr 24, 2019
Sold by
Paula Larue and Paula Francis
Bought by
Pirog Nicholas and Pirog Sherri L
Seller's Agent
Michele Adams
American Caribbean Real Estate Lower Keys
Buyer's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
List Price
$795,000
Sold Price
$796,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$1,225,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,470
Avg. Annual Appreciation
6.57%
Original Mortgage
$716,400
Outstanding Balance
$627,262
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$598,208

Purchase Details

Listed on
Jan 16, 2019
Closed on
Apr 12, 2019
Sold by
Paula Larue and Paula Francis
Bought by
Pirog Nicholas and Pirog Sherri L
Seller's Agent
Michele Adams
American Caribbean Real Estate Lower Keys
Buyer's Agent
Sandra Tuttle
American Caribbean Real Estate Lower Keys
List Price
$795,000
Sold Price
$796,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,400
Outstanding Balance
$627,262
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$598,208

Purchase Details

Closed on
Nov 11, 2005
Sold by
Gajic Zivko Z
Bought by
Larue Jack and Larue Frances Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 1, 1992
Bought by
Larue Jack and Larue Frances Paula

Purchase Details

Closed on
Feb 1, 1973
Bought by
Larue Jack and Larue Frances Paula
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pirog Nicholas $796,000 None Listed On Document
Pirog Nicholas $796,000 None Listed On Document
Larue Jack $925,000 --
Larue Jack $190,000 --
Larue Jack $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pirog Nicholas $716,400
Closed Pirog Nicholas $716,400
Previous Owner Larue Jack $740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2019 10/01/19 Rented $5,000 0.0% --
09/01/2019 09/01/19 Under Contract -- -- --
05/01/2019 05/01/19 For Rent $5,000 0.0% --
04/18/2019 04/18/19 Sold $796,000 +0.1% $474 / Sq Ft View Prior Sale
03/07/2019 03/07/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $795,000 -- $473 / 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
2025 $9,348 $961,251 $597,473 $363,778
2024 $9,348 $1,111,495 $749,931 $361,564
2023 $11,751 $2,127,884 $1,780,056 $347,828
2022 $9,782 $1,579,587 $1,227,909 $351,678
2021 $7,542 $805,221 $494,460 $310,761
2020 $6,727 $656,136 $342,002 $314,134
2019 $5,871 $581,118 $281,842 $299,276
2018 $5,500 $519,166 $281,842 $237,324
2017 $4,958 $454,434 $0 $0
2016 $4,997 $447,648 $0 $0
2015 $4,851 $431,769 $0 $0
2014 $4,548 $366,428 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Bennett

    Landlord's Agent in 2019

    Heather Bennett

    Keller Williams Key West Compass Realty

    (703) 508-5442

    2 in this area

    32 Total Sales

    Heather Bennett
    Section Image

  • M

    Seller's Agent in 2019

    Michele Adams

    American Caribbean Real Estate Lower Keys

  • S

    Buyer's Agent in 2019

    Sandra Tuttle

    American Caribbean Real Estate Lower Keys

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 585448

Florida Keys Board of REALTORS®

APN: 00121600-000100

Florida Monroe County Key West 33040

2 Palmetto Dr, Key West, FL

Not Listed for Sale

Detached

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