$253,000
SOLD OCT 9, 2013

2523 Flagler Ave Unit 3 Key West, FL 33040

Mid Town Neighborhood
2 Beds
1 Bath
691 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$366 Per Sq Ft

6% Below List Price

407 Days on Market

Highlights

  • Concrete Pool
  • Granite Countertops
  • Stainless Steel Appliances
  • 0.23 Acre Lot
  • No HOA
  • Complete Roll Down Shutters

About This Home

As of April 2023

Spacious 2BR condo in very private, small (4 units) compound with lush tropical landscaping. Recently renovated, with new laminate floors and crown molding throughout living/dining area. Modern appliances and beautiful granite counters. Glass block shower and designer bathroom sink. Great place for young professionals or investment property with solid rental history ($1800/mo). Private compound effectively conceals Flagler while enjoying lush pool area. Hurricane windows keep unit quiet on inside. Nice community back yard and laundry/storage room. Plenty of off-street parking.

Last Agent to Sell the Property

James Olive

LoKation Real Estate License #3254378 Listed on: 08/16/2012

LoKation Real Estate

Last Buyer's Agent

James Olive

Florida Keys Real Estate Company (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,464

Year Built

  • Built in 1963

Lot Details

  • Privacy Fence
  • Fenced

Home Design

  • Tile Roof

Interior Spaces

  • 691 Sq Ft Home
  • 1-Story Property
  • Bar
  • Storage
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Utilities

  • Central Air
  • Separate Meters

Additional Features

  • Shed
  • Ground Level

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, exterminating, common area mnt, building insurance
  • Key West Realty Cos Sub Subdivision

Pet Policy

  • Pets Allowed

Security

  • Complete Roll Down Shutters
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,464

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 300.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Other, Exterminating, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 1463.75
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1963
  • Alternate Key Number: 9087729
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 10000.00
  • Pool Info: Concrete, In Ground
  • Shutters: Roll Down Manual
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 691.00
  • Pool Info Other: Eq Incld;
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Bar, Storage, Granite Counter Top
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Microwave, Oven
  • Floor: Laminate
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window
  • Appliances Other: On Demand
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Shed, Privacy Wall/Fence
  • Roof: Tile Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.23

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Apr 11, 2023
Sold by
Morrison Melinda Lace
Bought by
Elechko Micaela Grace and Elechko Jonathan Christian
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
Jenny Perry
Preferred Properties (KW)
List Price
$575,000
Sold Price
$601,500
Premium/Discount to List
$26,500
4.61%
Total Days on Market
407
Views
189
Current Estimated Value
$642,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,201
Avg. Annual Appreciation
4.22%
Original Mortgage
$401,500
Outstanding Balance
$392,478
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$264,632

Purchase Details

Closed on
Feb 16, 2022
Sold by
Edward Toppino Sr
Bought by
Morrison Melinda Lace

Purchase Details

Closed on
Jul 24, 2015
Sold by
Toppino Edward
Bought by
Morrison Melinda Lace and Toppino Edward

Purchase Details

Listed on
Aug 16, 2012
Closed on
Oct 8, 2013
Sold by
Lord Papy Joan R and Horan Karen
Bought by
Toppino Edward
Seller's Agent
James Olive
LoKation Real Estate
Buyer's Agent
James Olive
Florida Keys Real Estate Company (KW)
List Price
$269,000
Sold Price
$253,000
Premium/Discount to List
-$16,000
-5.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $601,500 None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $253,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $401,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $601,500 +4.6% $870 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $575,000 +127.3% $832 / Sq Ft
10/09/2013 10/09/13 Sold $253,000 -5.9% $366 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
08/16/2012 08/16/12 For Sale $269,000 -- $389 / 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 $4,322 $489,302 -- $489,302
2023 $4,322 $461,108 $0 $461,108
2022 $2,559 $271,498 $0 $271,498
2021 $2,395 $224,660 $0 $224,660
2020 $2,384 $224,660 $0 $224,660
2019 $2,294 $212,828 $0 $212,828
2018 $1,916 $212,828 $0 $0
2017 $1,942 $212,828 $0 $0
2016 $2,475 $212,828 $0 $0
2015 $2,543 $212,828 $0 $0
2014 $2,705 $212,828 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jimmy Lane

    Island Life Realty Experts

  • Jenny Perry

    Buyer's Agent in 2023

    Jenny Perry

    Preferred Properties (KW)

    (305) 747-0369

    7 in this area

    112 Total Sales

    Jenny Perry
    Section Image

  • J

    Seller's Agent in 2013

    James Olive

    LoKation Real Estate

    (305) 393-6531

    11 Total Sales

    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116852

Florida Keys Board of REALTORS®

APN: 00045881-000300

Florida Monroe County Key West 33040 Mid Town

2523 Flagler Ave Unit 3, Key West, FL

This home is located at 2523 Flagler Ave Unit 3, Key West, FL 33040 and is currently priced at $253,000, approximately $366 per square foot. This property was built in 1963. 2523 Flagler Ave Unit 3 is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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