NOT LISTED FOR SALE

3029 N Roosevelt Blvd Unit 31 Key West, FL 33040

Estimated Value: $1,047,000 - $1,252,000

2 Beds
3 Baths
1,400 Sq Ft
$802/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $1,050,000 $750 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,648/month

12 Days on Market

About This Home

As of February 2023

Enjoy your own Key Cove water views from two of your four balconies in this very well maintained corner unit. Wake up each morning to views of the beautiful ocean just steps from your home. Open and spacious floor plan. Easy kayak and paddle board access, and a community pool. Huge Garage for all of your water/diving gear. Nature all around but still close to shopping and great restaurants. Very desirable waterfront home. Won't last! These don't pop up very often in Key Cove.

Last Listed By

Caroline Stover Sickmen

eXp Realty LLC License #3390524 Listed on: 02/02/2023

eXp Realty LLC

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,388

Year Built

2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: No
  • Association Fee: 305.00
  • Mandatory HOA: Yes
  • Control Depth: 1
  • Document Count: 1
  • Fee Includes: Cable, Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4196.05
  • Vehicle Storage: Garage, Off Street Parking, Auto Door Opener
  • Year Built: 2003
  • Alternate Key Number: 9037216
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 1251.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony, Deck
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1400.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s), Storage, Smoke Alarms, Granite Counter Top, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Water Purification, Stainless Steel Appliance(s), Ice Machine, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Combo
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Bay Front
  • Waterfront: Yes
  • Construction: Frame, Hardi Board Siding
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View
  • Pool: Yes

Utilities

  • Utilities: FKAA
  • Heating: Central

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00002410-000131
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Feb 22, 2023
Sold by
Degnan David and Degnan Monica
Bought by
Holloway David W
Seller's Agent
Caroline Stover Sickmen
eXp Realty LLC
Buyer's Agent
Caroline Stover Sickmen
eXp Realty LLC
List Price
$999,999
Sold Price
$1,050,000
Premium/Discount to List
$50,001
5%
Total Days on Market
12
Views
79
Current Estimated Value
$1,122,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,345
Avg. Annual Appreciation
2.99%

Purchase Details

Listed on
Oct 6, 2018
Closed on
Dec 18, 2018
Sold by
James Sheehan Matthew and James Lee
Bought by
Degnan David and Degnan Monica
Seller's Agent
Matthew Sheehan
Saltwater Real Estate Florida Keys, Inc
Buyer's Agent
Caroline Stover Sickmen
eXp Realty LLC
List Price
$629,000
Sold Price
$565,000
Premium/Discount to List
-$64,000
-10.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.90%
Original Mortgage
$365,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2018
Closed on
Dec 14, 2018
Sold by
James Sheehan Matthew and James Lee
Bought by
Degnan David and Degnan Monica
Seller's Agent
Matthew Sheehan
Saltwater Real Estate Florida Keys, Inc
Buyer's Agent
Caroline Stover Sickmen
eXp Realty LLC
List Price
$629,000
Sold Price
$565,000
Premium/Discount to List
-$64,000
-10.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2013
Closed on
Jul 31, 2013
Sold by
Ferrin Frank J and Ferrin Maria C
Bought by
Sheehan Matthew James and Rekas Lee Fan
Seller's Agent
Monika Sundstrom
Ocean Sotheby's International Realty
Buyer's Agent
Barbara Crespo
Coldwell Banker Schmitt R.E.
List Price
$425,000
Sold Price
$396,500
Premium/Discount to List
-$28,500
-6.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$356,125
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 2008
Bought by
Sheehan Matthew James

Purchase Details

Closed on
Jul 23, 2003
Sold by
Old Town Key West Development Ltd
Bought by
Duffy Sean Christopher and Duffy Lisa Jayne Smith

Purchase Details

Closed on
Mar 28, 2003
Sold by
Jackson Walker Investment Corp Inc
Bought by
Ferrin Frank J and Ferrin Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
5.82%
Mortgage Type
Unknown

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
Holloway David W $1,050,000 --
Degnan David $565,000 None Listed On Document
Degnan David $565,000 None Listed On Document
Sheehan Matthew James $396,500 None Available
Sheehan Matthew James $137,500 --
Duffy Sean Christopher $455,000 --
Ferrin Frank J $449,000 Atlantic Title & Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Degnan David $369,000
Previous Owner Degnan David $365,000
Previous Owner Degnan David $365,000
Previous Owner Sheehan Matthew James $348,500
Previous Owner Rekas Lee Fan $349,994
Previous Owner Sheehan Matthew James $356,125
Previous Owner Ferrin Frank J $100,000
Previous Owner Ferrin Frank J $318,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $1,050,000 0.0% $750 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/09/2023 02/09/23 Price Changed $1,050,000 +5.0% $750 / Sq Ft
02/02/2023 02/02/23 For Sale $999,999 +77.0% $714 / Sq Ft
12/14/2018 12/14/18 Sold $565,000 -10.2% $404 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
10/06/2018 10/06/18 For Sale $629,000 +58.6% $449 / Sq Ft
07/31/2013 07/31/13 Sold $396,500 -6.7% $283 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
04/21/2013 04/21/13 For Sale $425,000 -- $304 / 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 $4,388 $840,795 $512,488 $328,307
2023 $4,388 $515,332 $0 $0
2022 $4,196 $500,323 $0 $0
2021 $4,282 $485,751 $0 $0
2020 $4,209 $479,045 $214,750 $264,295
2019 $4,578 $471,897 $239,986 $231,911
2018 $4,235 $424,490 $226,033 $198,457
2017 $4,321 $438,031 $0 $0
2016 $4,241 $417,756 $0 $0
2015 $3,879 $346,827 $0 $0
2014 $4,166 $360,607 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 604051

Key West Association of REALTORS®

APN: 00002410-000131