$323,000
SOLD DEC 1, 2014
2 Beds
1 Bath
920 Sq Ft
9 Acres

Recently Sold

$351 Per Sq Ft

2% Below List Price

72 Days on Market

Highlights

  • Building Security
  • 8.74 Acre Lot
  • Clubhouse
  • Heated In Ground Pool
  • Fruit Trees
  • No HOA

About This Home

As of November 2020

Across from Smather's Beach! Two pools! Two tennis courts! All on 8 lush acres! Fabulous views of the courtyard and pool from private balcony. Terra Cotta floors, solid oak kitchen cabinets! Terrific price for a 2 bedroom unit with over 900 sq ft of living space.

Last Agent to Sell the Property

Patricia McGrath

Century 21 Schwartz Realty (KW) Listed on: 08/23/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,457

Year Built

  • Built in 1967

Lot Details

  • Privacy Fence
  • Fenced
  • Fruit Trees

Home Design

  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 920 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Jalousie or louvered window
  • Sliding Doors
  • Terrazzo Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • 2 Parking Spaces
  • Electric Gate
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters

Listing and Financial Details

  • Homestead Exemption

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, security, exterminating, common area mnt, cable, building insurance
  • Key West By The Sea Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

Pet Policy

  • Pets Allowed

Security

  • Building Security
  • Resident Manager or Management On Site
  • Complete Roll Down Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,457

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 426.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Other, Security, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Mile Marker: 4.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Tennis Courts, Manager on Premises
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2457.00
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1967
  • Alternate Key Number: 1067709
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 380900.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Shutters: Other, Roll Down Manual
  • Tax Exemptions: Homestead
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 920.00
  • Pool Info Other Surroundings: Child Fence
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Elevator
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Microwave, Range, Refrigerator
  • Floor: Terrazzo
  • Windows/Doors: Jalousie Windows, Sliding Glass Doors, Sash/Screen Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Concrete
  • Exterior Features: Fencing, Tennis Court(s), Outdoor Shower, Privacy Wall/Fence, Lighting, Fruit Tree(s)
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate, Secured Building, Other
  • Utilities: Elect Separate Meter, FKAA, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Land Size: 5 Less Than 10 Acres
  • Acres: 8.74

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
Nov 13, 2020
Sold by
Melendez Wilfredo and Galvez Rosemary Jeanette
Bought by
Pearce Raymond A and Pearce Leanne T
Seller's Agent
Julia Besson
Century 21 All Keys Inc (KW)
Buyer's Agent
Edward Salazar
At Home in Key West, Inc.
List Price
$485,000
Sold Price
$395,000
Premium/Discount to List
-$90,000
-18.56%
Current Estimated Value
$704,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,800
Avg. Annual Appreciation
12.82%
Original Mortgage
$316,000
Outstanding Balance
$285,650
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$413,194

Purchase Details

Listed on
Aug 23, 2014
Closed on
Dec 1, 2014
Sold by
Lorek Carol
Bought by
Melendez Wilfredo
Seller's Agent
Patricia McGrath
Century 21 Schwartz Realty (KW)
Buyer's Agent
Ocean Sotheby's International Realty
List Price
$329,000
Sold Price
$323,000
Premium/Discount to List
-$6,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Original Mortgage
$306,850
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2003
Sold by
Kendzora Scott A and Kendzora Jolynn M
Bought by
Lorek Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2001
Bought by
Melendez Wilfredo

Purchase Details

Closed on
Oct 1, 1987
Bought by
Melendez Wilfredo

Purchase Details

Closed on
Jun 1, 1986
Bought by
Melendez Wilfredo

Purchase Details

Closed on
Nov 1, 1978
Bought by
Melendez Wilfredo
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 $395,000 Attorney
Warranty Deed $323,000 First Intl Title Inc
Warranty Deed $340,000 First American Title Ins Co
Warranty Deed $182,500 --
Warranty Deed $112,000 --
Warranty Deed $87,500 --
Deed $56,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $316,000 New Conventional
Previous Owner $19,150 Stand Alone Second
Previous Owner $306,850 New Conventional
Previous Owner $260,551 New Conventional
Previous Owner $296,500 Stand Alone First
Previous Owner $322,700 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $395,000 -3.4% $403 / Sq Ft
09/23/2020 09/23/20 Price Changed $409,000 -3.8% $417 / Sq Ft
09/03/2020 09/03/20 Price Changed $425,000 -6.2% $434 / Sq Ft
08/07/2020 08/07/20 Price Changed $453,000 -0.4% $462 / Sq Ft
07/31/2020 07/31/20 Price Changed $455,000 -0.4% $464 / Sq Ft
07/22/2020 07/22/20 Price Changed $457,000 -0.4% $466 / Sq Ft
07/16/2020 07/16/20 Price Changed $459,000 -5.4% $468 / Sq Ft
04/15/2020 04/15/20 For Sale $485,000 +50.2% $495 / Sq Ft
12/01/2014 12/01/14 Sold $323,000 -1.8% $351 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
08/23/2014 08/23/14 For Sale $329,000 -- $358 / 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 $4,135 $503,117 -- --
2023 $4,135 $488,464 $0 $488,464
2022 $3,439 $406,632 $0 $406,632
2021 $3,154 $318,633 $0 $318,633
2020 $3,141 $318,633 $0 $318,633
2019 $2,660 $301,982 $0 $301,982
2018 $2,652 $296,352 $0 $0
2017 $2,655 $292,245 $0 $0
2016 $2,781 $291,660 $0 $0
2015 $3,100 $275,000 $0 $0
2014 $2,407 $238,696 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120268

Florida Keys Board of REALTORS®

APN: 00065143-007000