NOT LISTED FOR SALE

25 Arbutus Dr Key West, FL 33040

Estimated Value: $1,676,000 - $1,988,000

3 Beds
2.5 Baths
2,337 Sq Ft
$773/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $895,000 $383 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $9,809/month

24 Days on Market

Highlights

  • Boat Lift
  • Home fronts a canal
  • Sun or Florida Room
  • Home Theater
  • Wood Flooring
  • Furnished

About This Home

As of August 2018

Your best life begins with a home that inspires you! Living on the water just outside of Key West, this Mediterranean style 3 bedroom/2 1/2 baths home just might be the perfect muse. The imposing Spanish Colonial facade of the entry opens to a beautiful lush garden with a water fountain at the center. A split floor plan with several family areas and kids or guest rooms on one side and a magnificent Master suite on the other side, allows for privacy and room to entertain. The Master suite has it's own patio, a fire place and marble Master bath with a spa tub and separate shower. The charming Chef's Hanson & Bringles kitchen features granite counters, a gas stove with a copper stove hood & stainless steel appliances. There is a second kitchen to prepare your fresh catch adjacent to the

Last Agent to Sell the Property

Ellen Gvili

Ocean Sotheby's International Realty Listed on: 06/01/2018

Ocean Sotheby's International Realty

Last Buyer's Agent

Gwendolyn Esbensen

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3097544

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,961

Year Built

  • Built in 1965

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Property is zoned SR - Sub Urban Residential District

Interior Spaces

  • 2,337 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Shutters
  • Home Theater
  • Sun or Florida Room
  • Storage
  • Canal Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Davits
  • Boat Lift
  • Patio
  • Outdoor Storage

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Key Haven 1St Add Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 29
  • Assessor Parcel Number 00134760-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,961

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Haven
  • Limited Representation: No
  • Mile Marker: 5.00
  • Min Rental Days: 29.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5960.87
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, Off Street Parking, Open Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1965
  • Alternate Key Number: 1169064
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Ductless, Central Air
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Patio
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 2337.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Wet Bar, Walk-in Closet(s), Storage, Granite Counter Top, Fireplace(s)
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Wine Cooler, Range, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Gas Appliances, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Sun/Florida Room, Media Room
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift, Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Outdoor Shower, Storage, Privacy Wall/Fence
  • Roof: Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer, Propane

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00134760-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Aug 3, 2018
Sold by
Harris Jr James E
Bought by
Brush Philip and Brush Denise
Seller's Agent
Ellen Gvili
Ocean Sotheby's International Realty
Buyer's Agent
Gwendolyn Esbensen
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$930,000
Sold Price
$895,000
Premium/Discount to List
-$35,000
-3.76%
Current Estimated Value
$1,806,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$911,780
Avg. Annual Appreciation
9.85%

Purchase Details

Listed on
Sep 6, 2012
Closed on
Dec 6, 2012
Sold by
U S Bank National Association
Bought by
Harris James E
Seller's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
Buyer's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
List Price
$495,000
Sold Price
$501,000
Premium/Discount to List
$6,000
1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$400,800
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2012
Sold by
Jigarjian Edward N and Case #44-2009-Ca-51-K
Bought by
U S Bank National Association and The Lxs 2006-12N

Purchase Details

Closed on
Mar 30, 2012
Sold by
Jigarjian Edward N and Washington Mutual Bank
Bought by
U S Bank National Association and The Lxs 2006-12N

Purchase Details

Closed on
Mar 15, 2006
Sold by
Olden Richard A
Bought by
Jigarjian Edward N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 24, 2004
Sold by
Brienza James N and Brienza Karen M
Bought by
Olden Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1986
Bought by
Harris James E

Purchase Details

Closed on
Jun 1, 1984
Bought by
Harris James E

Purchase Details

Closed on
Jul 1, 1978
Bought by
Harris James E
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
Brush Philip $895,000 None Listed On Document
Harris James E $501,000 Attorney
U S Bank National Association $100,000 None Available
U S Bank National Association $100,000 None Available
Jigarjian Edward N $1,050,000 None Available
Olden Richard A $800,000 Chicago Title Of The Fl Keys
Harris James E $105,000 --
Harris James E $123,500 --
Harris James E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris James E $400,800
Previous Owner Jigarjian Edward N $840,000
Previous Owner Olden Richard A $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2018 08/02/18 Sold $895,000 -3.8% $383 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $930,000 +85.6% $398 / Sq Ft
12/28/2012 12/28/12 Sold $501,000 +1.2% $214 / Sq Ft View Prior Sale
12/10/2012 12/10/12 Pending -- -- --
09/06/2012 09/06/12 For Sale $495,000 -- $212 / 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 $5,460 $642,355 -- --
2024 $5,235 $624,252 -- --
2023 $5,235 $606,070 $0 $0
2022 $5,089 $588,418 $0 $0
2021 $5,250 $571,280 $0 $0
2020 $5,223 $563,393 $0 $0
2019 $5,123 $550,727 $0 $0
2018 $7,139 $732,966 $339,360 $393,606
2017 $6,347 $629,880 $0 $0
2016 $6,232 $599,358 $0 $0
2015 $6,315 $584,922 $0 $0
2014 $6,201 $548,592 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 580443

Florida Keys Board of REALTORS®

APN: 00134760-000000