NOT LISTED FOR SALE

Estimated Value: $790,029 - $991,000

2 Beds
2 Baths
960 Sq Ft
$940/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $562,000 $585 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,449/month

149 Days on Market

Highlights

  • Dock made with wood
  • RV or Boat Parking
  • Home fronts a canal
  • Coral Shores High School Rated A
  • RV Parking in Community
  • Cathedral Ceiling

About This Home

As of March 2020

ABOVE FLOOD - Gorgeous Updates - Must see to appreciate - All impact windows and doors - Custom Kitchen - Designer Bathrooms - Large Screened Porch - 2 BIG Bedrooms - Covered & Uncovered Parking For RV, Trailer & 3-4 Vehicles - 37.5 Concrete Seawall plus Wood Step- down - Perfect for Vacation Rental, Retirement or Winter Home - Only 5 Mins to Open Ocean & Gulf - Walk/Bike all of Key Colony Beach to: marina, restaurants, golf, post office, tennis, pickle ball, playgrounds, city hall & Sunset Park. Come on home to paradise!

Last Agent to Sell the Property

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 09/04/2019

Ocean Sotheby's International

Last Buyer's Agent

Lynn Goodwin

Coldwell Banker Schmitt Real Estate Co. License #471296

Coldwell Banker Schmitt Real Estate Co.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,641

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 4,125 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Half Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 960 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Canal Views
  • Monitored

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Guest Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Seawall
  • Dock made with wood
  • Screened Patio

Utilities

  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7

Community Details

Overview

  • No Home Owners Association
  • Key Colony Bch 2Nd Addn Subdivision
  • RV Parking in Community

Recreation

  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,641

Year Built

Built in 1968 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Wood
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3641.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Carport, RV Parking Open, Covered Parking, Off Street Parking, Guest Parking
  • Year Built: 1968
  • Alternate Key Number: 9023257
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 4125.00
  • Porch Balcony: Screened Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 960.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Quartz Countertops, Window Treatments
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer, Community Swr Plant

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Mar 26, 2020
Sold by
Marconi and Donna
Bought by
Lucy H Blumer Revocable Trust
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Lynn Goodwin
Coldwell Banker Schmitt Real Estate Co.
List Price
$585,700
Sold Price
$562,000
Premium/Discount to List
-$23,700
-4.05%
Current Estimated Value
$902,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,507
Avg. Annual Appreciation
9.71%
Original Mortgage
$0
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2019
Closed on
Mar 24, 2020
Sold by
Marconi and Donna
Bought by
Lucy H Blumer Revocable Trust and Blumer Scott W
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Lynn Goodwin
Coldwell Banker Schmitt Real Estate Co.
List Price
$585,700
Sold Price
$562,000
Premium/Discount to List
-$23,700
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2002
Sold by
Masterson Richard J and Masterson Kim H
Bought by
Decrow Stephen and Decrow Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2001
Sold by
Nilsen Eric L and Humphrey Sandra J
Bought by
Masterson Richard J and Masterson Kim H

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
7.18%
Mortgage Type
Credit Line Revolving
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
Lucy H Blumer Revocable Trust $562,000 None Listed On Document
Lucy H Blumer Revocable Trust $562,000 None Listed On Document
Decrow Stephen $315,000 --
Marconi Philip $335,000 --
Masterson Richard J $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lucy H Blumer Revocable Trust $0
Previous Owner Masterson Richard J $260,000
Previous Owner Masterson Richard J $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2020 03/25/20 Sold $562,000 -4.0% $585 / Sq Ft
09/04/2019 09/04/19 For Sale $585,700 -- $610 / Sq Ft
Source: Marathon and Lower Keys 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 $6,372 $712,702 $478,500 $234,202
2023 $6,372 $702,279 $474,375 $227,904
2022 $5,751 $622,969 $379,500 $243,469
2021 $5,164 $468,923 $260,906 $208,017
2020 $4,745 $458,877 $247,500 $211,377
2019 $4,429 $438,943 $247,500 $191,443
2018 $3,792 $359,074 $247,500 $111,574
2017 $4,040 $396,271 $0 $0
2016 $3,950 $386,500 $0 $0
2015 $3,568 $330,010 $0 $0
2014 $3,401 $311,159 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 587237

APN: 00076260-000100