NOT LISTED FOR SALE

2408 Flagler Ave Key West, FL 33040

Estimated Value: $795,000 - $1,114,000

3 Beds
2 Baths
1,266 Sq Ft
$742/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $690,000 $545 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,504/month

6 Days on Market

Highlights

  • Concrete Pool
  • No HOA
  • Shutters
  • Granite Countertops
  • Stainless Steel Appliances
  • Impact Glass

About This Home

As of January 2021

Whether you're looking for a vacation home, a forever home, or a lovely island home that you can escape to and work remotely.. this one is perfect. This is a 3 bedroom 2 bath CBS home with metal roof, and it's set on a spacious lot with tropical landscape and a beautiful heated & chilled pool. Some amenities include high ceilings and large ceramic tile throughout.. the kitchen features new stainless-steel appliances, granite counters and a dining room with a view. Master bedroom with en suite bathroom offers a large dressing room and access to the private backyard. One of the bedrooms makes a great office/guest room and features a Murphy bed. The back patio was recently updated with travertine pavers, and custom built-ins were created for extra storage.

Last Agent to Sell the Property

Lori Langton

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3087468 Listed on: 10/21/2020

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Behmke The

Compass Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,798

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 6,593 Sq Ft Lot
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 1,266 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Blinds
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Key Estates Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00064120-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,798

Year Built

Built in 1958 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 2
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3797.73
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 3
  • Year Built: 1958
  • Alternate Key Number: 1064521
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless, Central Air
  • Lot Sq Ft: 6593.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1266.00
  • Pool Info Other Surroundings: YES
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Window Treatments, Granite Counter Top, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00064120-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Jan 4, 2021
Sold by
Gedney Suzanne M
Bought by
Gretencord Thomas C and Gretencord Janet M
Seller's Agent
Lori Langton
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Behmke The
Compass Realty (KW)
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%
Current Estimated Value
$938,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,955
Avg. Annual Appreciation
7.35%
Original Mortgage
$552,000
Outstanding Balance
$494,829
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$467,411

Purchase Details

Closed on
Sep 14, 2018
Sold by
Castellano Michael and Gedney Suzanne
Bought by
Gedney Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,360
Interest Rate
4.5%

Purchase Details

Listed on
Jan 15, 2015
Closed on
Apr 3, 2015
Sold by
Onderdonk Gary R and Onderdonk Diane M
Bought by
Castellano Michael and Gedney Suzanne
Seller's Agent
Louis Condos
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Lori Langton
Bascom Grooms Real Estate
List Price
$539,000
Sold Price
$515,000
Premium/Discount to List
-$24,000
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$496,975
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 6, 2013
Sold by
Martinez Michael D and Martinez Mary L
Bought by
Onderdonk Gary R and Onderdonk Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 2, 2013
Sold by
Martinez Michael D and Martinez Mary L
Bought by
Martinez Michael D and Martinez Mary L

Purchase Details

Closed on
May 29, 2008
Sold by
Reuber John C
Bought by
Cheeca Holdings Llc

Purchase Details

Closed on
Dec 4, 2003
Sold by
Martinez Shirley L and Casado Christine
Bought by
Martinez Michael and Williams Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 9, 2003
Sold by
Martinez Shirley L
Bought by
Martinez Michael D and Williams Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 1994
Sold by
Layman Marjorie B
Bought by
Layman Marjorie B and Martinez Shirley L

Purchase Details

Closed on
Jan 11, 1994
Sold by
Morton James C
Bought by
Terlizzi Alexander J
Source: Public Records

Range of Values:

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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
Gretencord Thomas C $690,000 Attorney
Gedney Suzanne M -- Omni Title Corp
Castellano Michael $515,000 None Available
Onderdonk Gary R $358,000 None Available
Martinez Michael D -- None Available
Cheeca Holdings Llc -- Attorney
Cheeca Holdings Llc -- Attorney
Martinez Michael $10,000 Stewart Title Of Tallahassee
Martinez Michael D -- --
Layman Marjorie B -- --
Terlizzi Alexander J $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gretencord Thomas C $552,000
Previous Owner Gedney Suzanne M $530,000
Previous Owner Gedney Suzannee M $527,360
Previous Owner Gedney Suzanne M $527,360
Previous Owner Castellano Michael $496,975
Previous Owner Onderdonk Gary R $268,500
Previous Owner Cheeca Holdings Llc $300,000
Previous Owner Fry Howard M $200,000
Previous Owner Martinez Michael D $580,000
Previous Owner Martinez Michael D $72,000
Previous Owner Martinez Michael D $585,000
Previous Owner Martinez Michael $285,000
Previous Owner Martinez Michael $150,000
Previous Owner Martinez Michael $250,000
Previous Owner Fry Howard M $204,754
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $690,000 -1.3% $545 / Sq Ft
10/21/2020 10/21/20 For Sale $699,000 +35.7% $552 / Sq Ft
04/03/2015 04/03/15 Sold $515,000 -4.5% $368 / Sq Ft
04/03/2015 04/03/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $539,000 -- $385 / 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 $6,014 $749,621 $475,171 $274,450
2023 $6,014 $663,360 $402,068 $261,292
2022 $5,950 $666,882 $402,068 $264,814
2021 $4,369 $450,016 $220,615 $229,401
2020 $3,641 $408,989 $220,615 $188,374
2019 $3,798 $423,893 $232,364 $191,529
2018 $3,899 $427,827 $231,058 $196,769
2017 $3,937 $425,364 $0 $0
2016 $4,257 $437,242 $0 $0
2015 $4,466 $405,693 $0 $0
2014 -- $372,826 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593059

Florida Keys Board of REALTORS®

APN: 00064120-000000