NOT LISTED FOR SALE

2924 Riviera Dr Key West, FL 33040

New Town Neighborhood

Estimated Value: $1,219,000 - $2,257,000

4 Beds
3 Baths
2,152 Sq Ft
$755/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $505,000 $235 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $9,240/month

131 Days on Market

Highlights

  • Concrete Pool
  • No HOA
  • Seawall
  • Home fronts a canal

About This Home

As of April 2020

Opportunity to demo & build your brand new home on a 7670 sq ft lot on the Riviera canal in Key West. Existing main house has 2152 sq ft interior with 4 beds & 3 baths. Has in ground concrete pool plus 456 sq ft pool house. Structures are in very poor condition w/ termites & spalling. Roof on main house leaks. No active utilities & they will not be turned on for inspections. This is an estate sale. Property being sold As Is with no repair & no clean up. Estate has cleared probate. However, additional time required for court approval of sale. Cash offers preferred because main structure is a tear down.

Last Agent to Sell the Property

Walt Lee

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3159689 Listed on: 12/11/2019

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Walter Lee

Flagler Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,519

Year Built

  • Built in 1959

Lot Details

  • 7,670 Sq Ft Lot
  • Home fronts a canal

Parking

  • Off-Street Parking

Home Design

  • Frame Construction

Interior Spaces

  • 2,152 Sq Ft Home
  • Partially Furnished
  • Canal Views
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Fixed Bridges
  • Seawall

Additional Features

  • Ground Level
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Riviera Shores Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00069820-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,519

Year Built

Built in 1959

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: 3
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 6519.49
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1959
  • Alternate Key Number: 1073679
  • Building Style: Ground Level
  • Lot Sq Ft: 7670.00
  • Pool Info: Concrete, In Ground
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2152.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Fixed Bridge
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Frame
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: Other - See Remarks

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00069820-000000
  • Lot Size: 130 X 59
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Apr 21, 2020
Sold by
Harkenrider Lawrence and Estate Of Sheehan Stone
Bought by
Mead Paul
Seller's Agent
Walt Lee
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Walter Lee
Flagler Realty (KW)
List Price
$675,000
Sold Price
$505,000
Premium/Discount to List
-$170,000
-25.19%
Current Estimated Value
$1,624,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,119,983
Avg. Annual Appreciation
24.59%

Purchase Details

Closed on
Mar 16, 2010
Bought by
Sheehan Katha D

Purchase Details

Closed on
Aug 1, 1995
Bought by
Sheehan Katha D

Purchase Details

Closed on
Oct 1, 1987
Bought by
Sheehan Katha D
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
Mead Paul $505,000 First International Ttl Inc
Sheehan Katha D $100 --
Sheehan Katha D $300,000 --
Sheehan Katha D $135,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $505,000 -25.2% $235 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
12/11/2019 12/11/19 For Sale $675,000 -- $314 / 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 $6,984 $850,517 -- --
2023 $6,984 $825,745 $0 $0
2022 $6,720 $801,695 $0 $0
2021 $6,888 $778,345 $552,815 $225,530
2020 $5,844 $620,833 $392,321 $228,512
2019 $6,519 $692,144 $392,321 $299,823
2018 $6,549 $681,312 $379,838 $301,474
2017 $6,697 $763,341 $0 $0
2016 $6,553 $722,512 $0 $0
2015 $6,104 $643,578 $0 $0
2014 $5,799 $586,004 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Walt Lee

    Seller's Agent in 2020

    Walt Lee

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 879-7355

    18 in this area

    81 Total Sales

    Walt Lee
    Section Image

  • W

    Buyer's Agent in 2020

    Walter Lee

    Flagler Realty (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588741

Florida Keys Board of REALTORS®

APN: 00069820-000000

Florida Monroe County Key West 33040 New Town

2924 Riviera Dr, Key West, FL

This home is located at 2924 Riviera Dr, Key West, FL 33040 since 11 December 2019 and is currently estimated at $1,624,983, approximately $755 per square foot. This property was built in 1959. 2924 Riviera Dr 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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