$490,000
SOLD JUN 27, 2016

261 3rd St Key Colony, FL 33040

2 Beds
2 Baths
1,037 Sq Ft
2,979 Sq Ft Lot

Recently Sold

$473 Per Sq Ft

2% Below List Price

17 Days on Market

Highlights

  • Dock made with wood
  • Home fronts a canal
  • Furnished
  • Coral Shores High School Rated A
  • Deck
  • No HOA

About This Home

As of September 2020

Property is offered fully furnished and is elevated above flood. Unit is turnkey with granite counters in kitchen and baths, stainless appliances, metal roof, impact windows, large soaking tub in master bath, interior washer and dryer, recessed lighting, lots of closet space, and back doors open up to nice covered very shady deck with seawall and stepdown dock. Other side of duplex also renovated

Last Agent to Sell the Property

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Natalie Ardis

Coldwell Banker Schmitt Real Estate Co. License #3231276

Coldwell Banker Schmitt Real Estate Co.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,359

Year Built

  • Built in 1974

Lot Details

  • 2,979 Sq Ft Lot
  • Home fronts a canal

Parking

  • 2 Parking Spaces

Home Design

  • Half Duplex
  • Metal Roof

Interior Spaces

  • 1,037 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Seawall
  • Dock made with wood
  • Balcony
  • Deck
  • Patio

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00072750-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision

Pet Policy

  • Pets Allowed

Security

  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,359

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Wood
  • Dockage Dock Length: 30
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3358.91
  • Title: Title Ins - Buyer
  • Vehicle Storage Cars: 2
  • Year Built: 1974
  • Alternate Key Number: 1076805
  • Building Style: Ground Level
  • Building Style Stilt Column Height: Short - 4Ft & Under
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 2979.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1037.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE 7
  • Parcel Number: 00072750-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2023
Sold by
Gutierrez Gilberto and Gutierrez Maryann
Bought by
Frances Hanly Irrevocable Trust and Hanly
Total Days on Market
17
Current Estimated Value
$823,180

Purchase Details

Closed on
Apr 26, 2021
Sold by
Underwood Paul A and Underwood Marie C
Bought by
Garrity Jennifer Sue and Garrity Joseph Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2020
Closed on
Sep 4, 2020
Sold by
Ardis Melvin M and Ardis Jennifer S
Bought by
Gutierrez Gilberto and Palenzuela Maryann
Seller's Agent
Lela Ashkarian
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Trish Hintze
Century 21 Schwartz Realty MTH
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$432,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2016
Closed on
Jun 24, 2016
Sold by
Cartter James W and Cartter Marilyn F
Bought by
Ardis Melvin and Ardis Jennifer
Seller's Agent
Sam Williams
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Natalie Ardis
Coldwell Banker Schmitt Real Estate Co.
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%
Original Mortgage
$367,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2016
Sold by
William Ellis P Cock Real State Ira Llc
Bought by
Peacock William Ellis and Peacock Penny

Purchase Details

Closed on
Jan 2, 2006
Sold by
Gardner Elaina
Bought by
Carter James W and Carter Marilyn F

Purchase Details

Closed on
Feb 11, 2005
Sold by
Key Colony Partnership
Bought by
Gardner Elaina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 3, 2004
Sold by
Wilson Charles B and Wilson Marilyn L
Bought by
Key Colony Partnership

Purchase Details

Closed on
Oct 1, 1978
Bought by
Ardis Melvin and Ardis Jennifer

Map

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $870,000 None Listed On Document
Warranty Deed $650,000 Butler Title Llc
Warranty Deed $552,000 Law Offices Of Thomas D Wright
Warranty Deed $490,000 None Available
Warranty Deed -- Attorney
Warranty Deed $675,000 None Available
Warranty Deed $988,000 --
Warranty Deed $670,000 --
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 New Conventional
Previous Owner $432,000 New Conventional
Previous Owner $367,500 New Conventional
Previous Owner $930,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $540,000 -4.3% $521 / Sq Ft
07/28/2020 07/28/20 Price Changed $564,500 -1.8% $544 / Sq Ft
07/03/2020 07/03/20 For Sale $575,000 +17.3% $554 / Sq Ft
06/27/2016 06/27/16 Sold $490,000 -1.8% $473 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $499,000 -- $481 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $5,723 $734,315 $484,832 $249,483
2023 $5,723 $665,378 $437,591 $227,787
2022 $4,949 $515,052 $281,938 $233,114
2021 $4,498 $402,258 $199,706 $202,552
2020 $4,272 $393,937 $190,895 $203,042
2019 $4,439 $411,169 $190,895 $220,274
2018 $4,250 $408,466 $187,798 $220,668
2017 $4,231 $417,426 $0 $0
2016 $3,771 $374,328 $0 $0
2015 $3,359 $306,730 $0 $0
2014 $3,279 $290,381 $0 $0
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 570810

Florida Keys Board of REALTORS®

APN: 00072750-000000