$500,000
SOLD FEB 2, 2024

3229 Flagler Ave Unit 208 Key West, FL 33040

New Town Neighborhood
2 Beds
1 Bath
750 Sq Ft
0.48 Acres

Recently Sold

$667 Per Sq Ft

4% Below List Price

28 Days on Market

About This Home

As of February 2024

A quiet place to call home, centrally located and a short bike ride to Higgs beach, Smathers beach, Restaurants and outdoor activities. A low HOA fee offers affordability and is responsible for exterior maintenance and insurance. 750 living sqft hosts a bright, open floor plan complete with L shaped kitchen, storage, counter space and new appliances! A small hallway leads to your primary bedroom fit for a King and a guest bedroom with shared bathroom and private laundry, Central AC and impact windows check all the boxes while luxury vinyl flooring offers easy clean up and maintenance, perfect for children and pets.

Last Agent to Sell the Property

Bernice Schafer

Real Broker LLC License #3442282 Listed on: 11/23/2023

Last Buyer's Agent

Bernice Schafer

Realty Executives Florida Keys

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,475

Year Built

1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 250.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Other Terms
  • Side: Median
  • State Province: FL
  • Taxes: 3474.56
  • Year Built: 1997
  • Alternate Key Number: 8763328
  • Cooling Heating: Central Air
  • License Info Number Of City License: 1
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 750.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Microwave, Oven, Refrigerator
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00052870-000120
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2023
Closed on
Feb 2, 2024
Sold by
C & C Kw Llc
Bought by
Weber Howard Scott
Seller's Agent
Bernice Schafer
Real Broker LLC
Buyer's Agent
Bernice Schafer
Real Broker LLC
List Price
$519,000
Sold Price
$500,000
Premium/Discount to List
-$19,000
-3.66%
Views
188
Current Estimated Value
$401,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,559
Avg. Annual Appreciation
-6.68%
Original Mortgage
$350,000
Outstanding Balance
$345,505
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$105,220

Purchase Details

Closed on
May 13, 1997
Sold by
Frank Nance and Frank Dr Rose
Bought by
Dixon Patricia M

Purchase Details

Closed on
Sep 8, 1994
Sold by
Villas Key W
Bought by
Frank Nance and Frank Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,905
Interest Rate
8.56%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 None Listed On Document
Warranty Deed $87,000 --
Warranty Deed $79,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Previous Owner $270,000 New Conventional
Previous Owner $20,000 Credit Line Revolving
Previous Owner $108,000 New Conventional
Previous Owner $108,000 Unknown
Previous Owner $18,002 New Conventional
Previous Owner $74,905 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $500,000 -3.7% $667 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
11/23/2023 11/23/23 For Sale $519,000 +38.4% $692 / Sq Ft
03/31/2022 03/31/22 Sold $375,000 +4.2% $500 / Sq Ft
02/11/2022 02/11/22 For Sale $360,000 -- $480 / 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 $3,475 $387,354 -- $387,354
2023 $3,475 $359,719 $0 $359,719
2022 $2,396 $271,236 $0 $271,236
2021 $2,255 $228,109 $0 $228,109
2020 $2,080 $207,381 $0 $207,381
2019 $2,020 $212,826 $0 $212,826
2018 $1,837 $175,825 $0 $0
2017 $1,900 $210,874 $0 $0
2016 $1,596 $122,289 $0 $0
2015 $1,081 $107,350 $0 $0
2014 $1,096 $106,498 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 607545

Key West Association of REALTORS®

APN: 00052870-000120