NOT LISTED FOR SALE

24 Arbutus Dr Key West, FL 33040

Estimated Value: $1,407,000 - $1,859,000

3 Beds
2 Baths
1,832 Sq Ft
$853/Sq Ft Est. Value

Last Sold June 12, 2015

Last sale price $557,500 $304 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $8,818/month

11 Days on Market

Highlights

  • Dock made with wood
  • No HOA
  • Tile Flooring
  • Home fronts a canal
  • Screened Patio

About This Home

As of June 2015

Canal front Home with plenty of room offering a lg open living plan with beautiful wood vaulted ceiling. Freshly painted on the interior and exterior with all new panel doors throughout the house, new kitchen sink and countertops. Home has 3 bed & 2 ba w/ an office, lg utility room and enclosed porch. Outside offers fully fenced in yard w/ shed and sm garage to store all your water toys.

Last Agent to Sell the Property

Claudette Mell

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada License #3015412 Listed on: 04/01/2015

Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Last Buyer's Agent

Elizabeth Birmingham

Southernmost Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,883

Year Built

  • Built in 1964

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Interior Spaces

  • 1,832 Sq Ft Home
  • Canal Views
  • Range

Flooring

  • Carpet
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Dock made with wood
  • Screened Patio

Utilities

  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Key Haven Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00134440-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,883

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 4
  • Dockage Dock: Wood
  • Document Count: 3
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key Haven
  • Limited Representation: No
  • Mile Marker: 5.50
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3883.41
  • Title: Title Ins - Seller
  • Year Built: 1964
  • Alternate Key Number: 1168751
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Screened Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1832.00
  • Sewer Hook Up: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Range
  • Floor: Carpet, Tile, Terrazzo
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00134440-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2015
Closed on
Jun 8, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Zuelch Kevin C and Castro Velia D
Seller's Agent
Claudette Mell
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Buyer's Agent
Elizabeth Birmingham
Southernmost Realty (KW)
List Price
$549,900
Sold Price
$557,500
Premium/Discount to List
$7,600
1.38%
Current Estimated Value
$1,531,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$974,462
Avg. Annual Appreciation
10.40%
Original Mortgage
$501,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2014
Sold by
Cottar David M and Cottar Elizabeth E
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 15, 2014
Sold by
Cottar David M and Cottar Elizabeth E
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 4, 1997
Sold by
Yates Kathryn A and Yates Davis F
Bought by
Cottar David M and Cottar Elizabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.61%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 1, 1978
Bought by
Zuelch Kevin C
Source: Public Records

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
Zuelch Kevin C $557,500 New House Title
Federal Home Loan Mortgage Corporation $250,100 None Available
Wells Fargo Bank Na $250,100 Attorney
Cottar David M $260,000 --
Zuelch Kevin C $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zuelch Kevin Charles $462,800
Closed Zuelch Kevin C $501,750
Previous Owner Cottar David M $359,650
Previous Owner Cottar David M $55,000
Previous Owner Cottar David M $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2015 06/12/15 Sold $557,500 +1.4% $304 / Sq Ft
04/12/2015 04/12/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $549,900 -- $300 / 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 $5,160 $615,232 -- --
2023 $5,160 $597,313 $0 $0
2022 $5,017 $579,916 $0 $0
2021 $5,174 $563,026 $0 $0
2020 $5,148 $555,253 $0 $0
2019 $5,049 $542,770 $0 $0
2018 $5,082 $532,650 $0 $0
2017 $4,934 $521,695 $0 $0
2016 $4,969 $510,965 $0 $0
2015 $5,634 $517,573 $0 $0
2014 $3,883 $370,702 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 567105

Florida Keys Board of REALTORS®

APN: 00134440-000000