NOT LISTED FOR SALE

305 E Ocean Dr Key Colony Beach, FL 33051

Estimated Value: $869,246 - $1,249,000

2 Beds
2.5 Baths
1,500 Sq Ft
$667/Sq Ft Est. Value

Last Sold December 19, 2013

Last sale price $326,100 $217 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $5,757/month

24 Days on Market

Highlights

  • Ocean View
  • Boat Ramp
  • Spa
  • Coral Shores High School Rated A
  • Beach
  • Cathedral Ceiling

About This Home

As of December 2013

Lovely townhouse style half-duplex located in desirable Key Colony, with ocean views fro both porches. Newer titled kitchen, large storage room/workshop on first level, one car garage, and porches on back side of unit. This is a Fannie Mae HomePath property, approved for HomePath Mortgage and Renovation Financing. Purchase for as little as 3% down.

Last Agent to Sell the Property

Lea Ruesch

Coldwell Banker Schmitt Real Estate Co. License #3067152 Listed on: 09/30/2013

Coldwell Banker Schmitt Real Estate Co.

Last Buyer's Agent

Laura Hutt

Exit Realty Florida Keys MTH

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,783

Year Built

  • Built in 2002

Lot Details

  • 2,773 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • Cathedral Ceiling
  • Shutters
  • Sliding Doors
  • Workshop
  • Storage
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00072670-000000

Community Details

Overview

  • No Home Owners Association
  • Key Colony Beach Subdivision

Recreation

  • Boat Ramp
  • Beach
  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,783

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Financial Status Bank Servicer: Fannie Mae
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Boat Ramp, Tennis Courts
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Other Terms
  • Side: Ocean
  • State Province: FL
  • Taxes: 2783.22
  • Title: Title Ins - Seller
  • Vehicle Storage: Garage
  • Vehicle Storage Cars: 1
  • Year Built: 2002
  • Alternate Key Number: 1076724
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Lot Sq Ft: 2773.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1500.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Cathedral Ceilings, Walk-in Closet(s), Window Treatments, Pantry, Storage
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Washer, Range, Oven, Dryer
  • Floor: Carpet, Tile, Laminate
  • Half Bathrooms: 1
  • Specialty Rooms: Workshop
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: None
  • Sq Ft Remarks: Buyer to verify

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Hot Tub
  • Roof: Metal Roof
  • Waterview: Ocean View
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: No
  • Parcel Number: 00072670-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2013
Closed on
Dec 19, 2013
Sold by
Federal National Mortgage Association
Bought by
Garcia Nicholas A
Seller's Agent
Lea Ruesch
Coldwell Banker Schmitt Real Estate Co.
Buyer's Agent
Laura Hutt
Exit Realty Florida Keys MTH
List Price
$315,000
Sold Price
$326,100
Premium/Discount to List
$11,100
3.52%
Current Estimated Value
$1,000,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,962
Avg. Annual Appreciation
10.06%
Original Mortgage
$316,300
Outstanding Balance
$239,404
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$760,658

Purchase Details

Closed on
Jan 28, 2013
Sold by
Roussin Jeffrey and Vanicky Laura
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 9, 2007
Sold by
Roussin Jeffrey and Roussin Penney
Bought by
Roussin Jeffrey

Purchase Details

Closed on
Oct 30, 2001
Bought by
Garcia Nicholas A

Purchase Details

Closed on
Sep 23, 1999
Bought by
Garcia Nicholas A

Purchase Details

Closed on
Jul 1, 1980
Bought by
Garcia Nicholas A

Purchase Details

Closed on
May 1, 1979
Bought by
Garcia Nicholas A
Source: Public Records

Range of Values:

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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
Garcia Nicholas A $326,100 Oak Ridge Title Inc
Federal National Mortgage Association -- None Available
Roussin Jeffrey -- Attorney
Garcia Nicholas A $165,000 --
Garcia Nicholas A -- --
Garcia Nicholas A $29,000 --
Garcia Nicholas A $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Nicholas A $316,300
Previous Owner Roussin Jeffrey $333,000
Previous Owner Roussin Jeffrey $50,000
Previous Owner Roussin Jeffrey $300,000
Previous Owner Roussin Jeffrey D $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2013 12/19/13 Sold $326,100 +3.5% $217 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
09/30/2013 09/30/13 For Sale $315,000 -- $210 / 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 $3,693 $383,143 -- --
2023 $3,693 $371,984 $0 $0
2022 $3,554 $361,150 $0 $0
2021 $3,564 $350,632 $0 $0
2020 $3,409 $345,791 $0 $0
2019 $3,333 $338,017 $0 $0
2018 $3,158 $331,715 $0 $0
2017 $3,024 $324,893 $0 $0
2016 $3,075 $318,211 $0 $0
2015 $3,477 $329,361 $0 $0
2014 $3,221 $284,536 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 562168

Florida Keys Board of REALTORS®

APN: 00072670-000000