NOT LISTED FOR SALE

23 Cypress Ave Key West, FL 33040

Estimated Value: $2,391,000 - $3,213,102

3 Beds
2 Baths
2,270 Sq Ft
$1,202/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $1,250,000 $551 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $15,114/month

6 Days on Market

Highlights

  • Boat Lift
  • Home fronts a canal
  • No HOA
  • Lake View
  • Fruit Trees
  • Patio

About This Home

As of January 2020

Rare Opportunity to buy in Key Haven on Cypress Lake. This CBS 3 bedroom/2 bath home sits on over 14,000 sq foot of land with an expansive seawall, boat davits and a diving board. Enclosed work shop and covered outside patio. Living square footage approximately 2,270. Kitchen cabinets and counter tops have been upgraded. Open floor concept with view of the lake.

Last Agent to Sell the Property

Roberta Mira

Florida Keys Real Estate Company (KW) Listed on: 01/07/2020

Last Buyer's Agent

John Spottswood

Truman & Co. (KW) License #3264225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,229

Year Built

  • Built in 1973

Lot Details

  • 0.33 Acre Lot
  • Home fronts a canal
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Parking

  • Carport

Interior Spaces

  • 2,270 Sq Ft Home
  • Blinds
  • Sliding Doors
  • Lake Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boat Lift
  • Patio
  • Shed

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Key Haven 8Th Add Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00138830-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,229

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key Haven
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 9229.17
  • Title: Negotiable
  • Vehicle Storage: Carport
  • Year Built: 1973
  • Alternate Key Number: 1173002
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 14330.00
  • Porch Balcony: Patio
  • Shutters: Other
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 2270.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Refrigerator, Range
  • Floor: Other
  • Windows/Doors: Other Windows/Doors, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Shed, Storage, Sprinkler System, Fruit Tree(s)
  • Roof: Other Roof
  • Waterview: Lake View
  • Pool: No

Utilities

  • Utilities: Cable Available, FKAA, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00138830-000000
  • Land Size: More than 1 Lot
  • Acres: 0.33

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Feb 3, 2020
Sold by
Murguia Ivonne M
Bought by
Vazquez Raymond and Vazquez Caroline
Seller's Agent
Roberta Mira
Florida Keys Real Estate Company (KW)
Buyer's Agent
John Spottswood
Truman & Co. (KW)
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$2,728,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,478,276
Avg. Annual Appreciation
13.97%
Original Mortgage
$999,000
Outstanding Balance
$880,606
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,847,670
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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Purchase History

Date Buyer Sale Price Title Company
Vazquez Raymond $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Raymond $999,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $1,250,000 0.0% $551 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $1,250,000 -- $551 / 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 $11,863 $1,424,183 -- --
2024 $11,476 $1,384,046 -- --
2023 $11,476 $1,343,734 $0 $0
2022 $11,167 $1,304,597 $0 $0
2021 $9,417 $1,028,260 $0 $0
2020 $9,404 $1,016,942 $0 $0
2019 $9,229 $994,079 $0 $0
2018 $9,308 $975,544 $0 $0
2017 $9,039 $955,479 $0 $0
2016 $9,113 $935,827 $0 $0
2015 -- $1,131,883 $0 $0
2014 -- $956,806 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589057

Florida Keys Board of REALTORS®

APN: 00138830-000000