NOT LISTED FOR SALE

Estimated Value: $1,077,000 - $1,327,000

3 Beds
3 Baths
1,935 Sq Ft
$648/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $1,349,000 $697 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,163/month

42 Days on Market

About This Home

As of May 2024

Boat, kayak or paddle board right from your backyard! Enjoy easy and quick boating access to the Gulf or Atlantic. Contemporary & Coastal! This stunning island residence exudes a resort-like ambiance. Nestled within a private fence with scenic water views, this home is a sanctuary just minutes from Old Town Key West. Here, you'll find a canal home featuring a pool, hot tub, and a charming tiki hut bar, offering a serene setting with beautiful natural views at your doorstep. The upper level has been recently updated with new flooring and boasts an open layout, including a spacious kitchen, dining area, and a living room with delightful treetop vistas. Both bedrooms on this level have en suite baths, with one featuring a newly renovated spa-style bathroom, ample closets, and a balcony with access to the pool via stairs. The lower level includes a new kitchenette, a bedroom, a living area, a full bathroom, and sliding glass doors for convenient pool access, making it perfect for in-law quarters or guests. Additionally, there is a bonus storage room, and the garage provides parking for vehicles along with space for bikes and water toys. Enjoy the convenience of indoor laundry on the primary bedroom floor. The saltwater pool features a heater and chiller for year-round enjoyment. Extra off-street parking is available in the driveways, and the home is equipped with an impact-rated front door and shutter protection.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 03/05/2024

Last Buyer's Agent

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 03/05/2024

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,531

Year Built

1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 2
  • Dockage Seawall: Concrete
  • Document Count: 3
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6530.50
  • Title: Negotiable
  • Vehicle Storage: Garage, Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1974
  • Alternate Key Number: 1074764
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5550.00
  • Pool Info: Salt Water
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Association Info Condo Docs: No
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1935.00
  • Pool Info Other: chiller
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Split Bedroom, Storage, Granite Counter Top, Built-in Cabinets, Entrance Foyer
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Combo, Vinyl
  • Windows/Doors: Glass Doors, Impact Rstnce Doors, Sliding Glass Doors
  • Total Bedrooms: 3
  • Sq Ft Remarks: 1415 sq ft upper per mcpa520 sq ft down per mcpa

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Combo Construction, Frame
  • Exterior Features: Bar, Storage, Privacy Wall/Fence, Lanai, Hot Tub, Fencing, Chickee Hut
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00070930-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
May 31, 2024
Sold by
Kaplan Joseph Paul and Kaplan Emily Devin
Bought by
Grubb Joseph and Kauffman Amee
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$1,495,000
Sold Price
$1,349,000
Premium/Discount to List
-$146,000
-9.77%
Views
68
Current Estimated Value
$1,253,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,689
Avg. Annual Appreciation
-5.42%
Original Mortgage
$799,000
Outstanding Balance
$788,778
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$464,533

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jun 1, 2017
Sold by
Dix James W
Bought by
Kaplan Joseph Paul and Kaplan Emily Devin
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Peter Petro
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$629,000
Sold Price
$620,000
Premium/Discount to List
-$9,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$496,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2004
Sold by
Smith Flynn S and Smith Marian V
Bought by
Dix James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 1984
Bought by
Dix James W

Purchase Details

Closed on
Feb 1, 1975
Bought by
Dix James W
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Grubb Joseph $1,349,000 None Listed On Document
Kaplan Joseph Paul $620,000 Attorney
Dix James W $769,000 --
Dix James W $121,900 --
Dix James W $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grubb Joseph $799,000
Previous Owner Kaplan Joseph Paul $496,000
Previous Owner Dix James W $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $1,349,000 -3.3% $697 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/04/2024 04/04/24 Price Changed $1,395,000 -6.7% $721 / Sq Ft
03/05/2024 03/05/24 For Sale $1,495,000 +141.1% $773 / Sq Ft
06/01/2017 06/01/17 Sold $620,000 -1.4% $438 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $629,000 -- $445 / Sq Ft
Source: Key West Association 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 $6,531 $1,000,957 $641,580 $359,377
2023 $6,531 $763,354 $407,925 $355,429
2022 $5,802 $663,259 $345,488 $317,771
2021 $5,530 $582,612 $295,538 $287,074
2020 $5,522 $583,940 $289,988 $293,952
2019 $5,589 $586,596 $278,888 $307,708
2018 $5,631 $579,368 $265,013 $314,355
2017 $4,857 $484,741 $0 $0
2016 $4,732 $445,042 $0 $0
2015 $4,780 $439,173 $0 $0
2014 $4,552 $400,106 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 609048

Key West Association of REALTORS®

APN: 00070930-000000