NOT LISTED FOR SALE

3 Sunset Key Dr Key West, FL 33040

Key West Area

Estimated Value: $5,831,982 - $7,461,000

4 Beds
4.5 Baths
2,734 Sq Ft
$2,339/Sq Ft Est. Value

Sale Details

Date Sold: May 23, 2014

Last sale price $4,650,000 $1,701 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $40,324 / mo

85 Days on Market

Highlights

  • Dock Facilities
  • Property fronts gulf or ocean
  • Concrete Pool
  • Beach
  • Tennis Courts
  • Marble Flooring

About This Home

As of May 2014

A rare waterfront estate overlooking the turquoise Atlantic Ocean. Situated on an exclusive private beach. This huge 4 bedroom, 4.5 bathroom home offers hardwood floors, fireplace, open high ceilings, gourmet kitchen, brick paved beachfront pool and spa, all accented by towering columns. Take in Key West's world famous sunsets from the comfort of your own balcony. Sunset Key is resort style living with all the amenities you could imagine. It's world class restaurant and spa offers fine dining and all the pampering you could ask for. This private island community is only a 3 minute air conditioned boat ride from Historical Old Town Key West. Come see what everyone is talking about!

Last Agent to Sell the Property

Rick Lively

Coldwell Banker Schmitt R.E. Listed on: 02/10/2014

Last Buyer's Agent

368903 368903

10162 00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,427

Year Built

  • Built in 2005

Lot Details

  • 5,441 Sq Ft Lot
  • Property fronts gulf or ocean
  • Fenced
  • Sprinkler System

HOA Fees

  • $2,374 Monthly HOA Fees

Property Views

  • Ocean
  • Gulf

Home Design

  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,734 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Single Hung Windows
  • French Doors
  • Storage

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Impact Glass

Parking

  • Garage
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • First Come-First Served Dock
  • Dock Facilities
  • Tennis Courts
  • Patio
  • Lanai
  • Exterior Lighting
  • Shed

Utilities

  • Central Air

Listing and Financial Details

  • Homestead Exemption

Community Details

Overview

  • Association fees include common area mnt
  • Sunset Key Island Unrcd Subdivision

Recreation

  • Beach
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,427

Year Built

Built in 2005

Lot Details

5,441 Sq Ft Lot

HOA Fees

$2,374 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 7120.72
  • Mandatory HOA: Yes
  • Dockage Dock: Other
  • Fee Includes: Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Sunset Key
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Other Terms
  • Side: Ocean
  • State Province: FL
  • Taxes: 27426.56
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Off Street Parking, Garage
  • Year Built: 2005
  • Alternate Key Number: 9042155
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 5441.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2734.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Other, Walk-in Closet(s), Storage, Granite Counter Top, Fireplace(s), Cathedral Ceilings, Built-in Cabinets
  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Oven, Refrigerator, Range, Microwave, Gas Appliances, Dryer, Disposal
  • Floor: Marble, Wood, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Single Hung Windows, Impact Rstnce Window
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Dock Privileges, First Come Dock
  • Waterfront: Gulf Front, Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Exterior Features: Fencing, Shed, Tennis Court(s), Storage, Sprinkler System, Outdoor Shower, Hot Tub, Lighting, Lanai
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2014
Closed on
May 21, 2014
Sold by
Bought by
Seller's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
Buyer's Agent
368903 368903
10162 00
List Price
$5,100,000
Sold Price
$4,650,000
Premium/Discount to List
-$450,000
-8.82%
Current Estimated Value
$6,395,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,745,327
Avg. Annual Appreciation
2.65%
Original Mortgage
$3,490,000
Outstanding Balance
$2,444,881
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,950,446

Purchase Details

Closed on
Feb 16, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,350,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 11, 2003
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,650,000 Pinellas Park Title Company
$5,800,000 None Available
$1,400,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,490,000
Previous Owner $4,350,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/23/2014 05/23/14 Sold $4,650,000 -8.8% $1,701 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $5,100,000 -- $1,865 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $33,598 $4,181,024
2024 $33,107 $4,063,192
2023 $33,107 $3,944,847 $0 $0
2022 $31,715 $3,829,949 $0 $0
2021 $32,634 $3,718,398 $0 $0
2020 $32,097 $3,667,060 $2,621,311 $1,045,749
2019 $32,490 $3,678,821 $2,621,311 $1,057,510
2018 $33,377 $3,699,517 $2,827,960 $871,557
2017 $33,143 $3,609,235 $0 $0
2016 $39,200 $4,033,221 $0 $0
2015 $41,349 $4,103,866 $0 $0
2014 $27,477 $2,644,558 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rick Lively

    Coldwell Banker Schmitt R.E.

  • 3

    Buyer's Agent in 2014

    368903 368903

    10162 00

  • R

    Buyer's Agent in 2014

    Robert Cardenas

    Ocean Sotheby's International Realty

  • B

    Buyer's Agent in 2014

    Bob Cardenas

    Ocean Sotheby's International

    Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119209

Florida Keys Board of REALTORS®

APN: 00000200-000503

Florida Monroe County Key West 33040

3 Sunset Key Dr, Key West, FL

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.