$395,000
SOLD NOV 13, 2020
2 Beds
1 Bath
980 Sq Ft
$466/mo HOA Fee

Recently Sold

$403 Per Sq Ft

19% Below List Price

169 Days on Market

Highlights

  • Beach
  • Clubhouse
  • Balcony
  • Lap Pool
  • Stainless Steel Appliances
  • Impact Glass

About This Home

As of November 2020

Now more than $65,000 below recent appraisal and Sellers is ready to sign a contract. With the recent price drop don't miss the opportunity to own this amazing property at Key West by the Sea. Open floor plan in the desirable C building overlooking the gardens and pool. Why rent when you can buy. (Some photos are staged to give buyer an idea of how the property will look furnished) The unit has been recently upgraded with the new ductless AC units in both bedrooms and the living room.Also new impact doors and windows for the entire unit. Kitchen has stainless appliances.Freshly painted and ready for a new OwnerVacant and easy to show.

Last Agent to Sell the Property

Julia Besson

Century 21 All Keys Inc (KW) License #673761 Listed on: 04/15/2020

Century 21 All Keys Inc (KW)

Co-Listed By

Sean Besson

Century 21 All Keys Inc (KW) License #679880

Last Buyer's Agent

Edward Salazar

At Home in Key West, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,660

Year Built

  • Built in 1967

HOA Fees

  • $466 Monthly HOA Fees

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 980 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • 2 Parking Spaces
  • Electric Gate
  • Open Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Parking

Pool

  • Lap Pool
  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00065143-007000

Community Details

Overview

  • Association fees include bldg exterior mnt, exterminating, common area mnt, cable, building insurance
  • Key West By The Sea Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Beach
  • Bike Trail

Pet Policy

  • Pet Restriction: YES

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,660

Year Built

Built in 1967

Lot Details

0

HOA Fees

$466 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 465.53
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Exterminating, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features, Tennis Courts, Manager on Premises, Clubhouse, Community Pool, Bike Paths
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2660.33
  • Title: Title Ins - Buyer
  • Vehicle Storage: Open Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1967
  • Alternate Key Number: 1067709
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Pool Info: Decked, Lap, In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 980.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Elevator
  • Floor Number: 3.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Oven, Stainless Steel Appliance(s), Refrigerator, Range, Ice Machine, Freezer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed, Parking

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Lighting, Tennis Court(s)
  • Roof: Tar/Gravel Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Buyer to Verify, Water Separate Meter, FKAA, Municipal Sewer, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,VE
  • Parcel Number: 00065143-007000
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

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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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: 590584

Florida Keys Board of REALTORS®

APN: 00065143-007000