NOT LISTED FOR SALE

3 Bay Dr Key West, FL 33040

Estimated Value: $1,888,000 - $2,329,000

4 Beds
3 Baths
2,660 Sq Ft
$810/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $1,050,000 $395 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $12,199/month

123 Days on Market

Highlights

  • Dock made with concrete
  • Property Fronts a Bay or Harbor
  • Heated In Ground Pool
  • Boat Lift
  • Tennis Courts
  • 1-minute walk to Marathon Rotary Park

About This Home

As of December 2019

Gorgeous sun & moon rises over the Bay from this 4 Bedroom Pool Home on Saddlebunch Key! The spacious home offers 2,660 sq. ft. & features tongue-in-groove wood ceilings, large Great Room with Open Kitchen and lots of glass looking out to picture perfect views of the Pool & water. Ideal for guests & large families with a 3 BR Guest Wing plus a colossal Master Suite complete with large Bath and Den overlooking the water. After a day of fishing or diving tuck the boat in the basin or on the 9K lb boat lift and cool off in the waterfront pool w/raised spa. Evenings are enjoyed sipping cocktails on the back porch and enjoying the views. The easy to maintain yard offers lots of tropical landscaping w/irrigation. Plenty of off street parking and lots of room for your trailer and toys.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 07/07/2019

Last Buyer's Agent

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,648

Year Built

  • Built in 1968

Lot Details

  • 0.29 Acre Lot
  • Property Fronts a Bay or Harbor
  • Fenced
  • Sprinkler System
  • Property is zoned IS - Improved Subivision District

Parking

  • Off-Street Parking

Home Design

  • Metal Roof

Interior Spaces

  • 2,660 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Blinds
  • Casement Windows
  • Sliding Doors
  • Tile Flooring
  • Gulf Views
  • Complete Accordion Shutters

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa
  • Pool Deck

Outdoor Features

  • Boat Lift
  • Dock made with concrete
  • Tennis Courts
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00161490-000000

Community Details

Overview

  • No Home Owners Association
  • Bay Point Amd & 1St Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,648

Year Built

Built in 1968

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
  • Dockage Dock: Concrete
  • Fee Includes: None
  • Key Island: Saddlebunch
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 15.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features, Tennis Courts
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 8648.29
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, Trailer Storage
  • Year Built: 1968
  • Alternate Key Number: 1207055
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 12580.00
  • Pool Info: Decked, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion, Bahama
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2660.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Microwave, Refrigerator, Range, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Casement, Single Hung Windows, Sliding Glass Doors, Glass Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Basin, Boat Lift
  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Sprinkler System, Lanai, Hot Tub
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00161490-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.29

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2019
Closed on
Dec 31, 2019
Sold by
David Henderson John and David Martina
Bought by
Smith Jason and Smith Thea
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$1,199,000
Sold Price
$1,050,000
Premium/Discount to List
-$149,000
-12.43%
Current Estimated Value
$2,153,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,103,542
Avg. Annual Appreciation
12.50%

Purchase Details

Listed on
Feb 19, 2014
Closed on
Mar 18, 2014
Sold by
Roach Thomas E and Roach Leigh Ann
Bought by
Henderson John David and Henderson Martina
Seller's Agent
Allan Leder
Preferred Properties (KW)
Buyer's Agent
Donald Bierman
Unknown Office
List Price
$1,010,000
Sold Price
$940,000
Premium/Discount to List
-$70,000
-6.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%
Original Mortgage
$752,000
Interest Rate
1.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2004
Bought by
Henderson John David and Henderson Martina

Purchase Details

Closed on
Jun 1, 1993
Bought by
Henderson John David and Henderson Martina

Purchase Details

Closed on
Jul 1, 1987
Bought by
Henderson John David and Henderson Martina

Purchase Details

Closed on
Oct 1, 1980
Bought by
Henderson John David and Henderson Martina

Purchase Details

Closed on
Feb 1, 1975
Bought by
Henderson John David and Henderson Martina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Smith Jason $1,050,000 None Listed On Document
Henderson John David $940,000 Attorney
Henderson John David $777,000 --
Henderson John David $210,000 --
Henderson John David $128,000 --
Henderson John David $125,000 --
Henderson John David $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Henderson John David $752,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2019 12/23/19 Sold $1,050,000 -12.4% $395 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
07/07/2019 07/07/19 For Sale $1,199,000 +27.6% $451 / Sq Ft
03/18/2014 03/18/14 Sold $940,000 -6.9% $334 / Sq Ft View Prior Sale
03/17/2014 03/17/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $1,010,000 -- $359 / 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
2025 $12,188 $1,520,064 $1,072,571 $447,493
2024 $12,188 $1,487,342 $1,039,737 $447,605
2023 $12,807 $1,876,560 $1,444,687 $431,873
2022 $10,484 $1,275,358 $837,262 $438,096
2021 $9,734 $1,004,743 $607,425 $397,318
2020 $8,963 $906,039 $503,452 $402,587
2019 $9,334 $942,396 $476,090 $466,306
2018 $9,505 $933,658 $470,618 $463,040
2017 $9,238 $916,790 $0 $0
2016 $8,679 $829,316 $0 $0
2015 $8,235 $754,772 $0 $0
2014 $6,525 $651,144 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586409

Florida Keys Board of REALTORS®

APN: 00161490-000000

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