NOT LISTED FOR SALE

325 Spica Ln Key West, FL 33040

Estimated Value: $976,000 - $1,208,000

3 Beds
2.5 Baths
1,728 Sq Ft
$620/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $462,000 $267 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $6,167/month

228 Days on Market

Highlights

  • Gulf View
  • Fruit Trees
  • Workshop
  • Home fronts a canal
  • No HOA
  • Complete Roll Down Shutters

About This Home

As of June 2016

Sit back and watch the beautiful Key West sunsets while sipping your favorite cocktail. This gorgeous 2 story home on quiet Geiger Key, minutes from Key West is a perfect island getaway. Enjoy water and canal views from 5 rooms and 2 balconies! This lovely island home has many features including new A/C, new dishwasher, large walk-in closets in every bedroom, ample parking and tons of storage for everything including all of your water toys. It even has a bonus room on the first floor that could be used as an office/studio or potential 4th bedroom! Custom built outdoor grill area even has counter space and a double sink for quick clean up! Feel like getting your feet wet? Take a relaxing swim in the canal in your own front yard or, pack up the cooler and head one mile down the street to stu

Last Agent to Sell the Property

Dave Bootle

Keller Williams Key West Compass Realty License #3325943 Listed on: 10/22/2015

Last Buyer's Agent

Jenny Perry

Preferred Properties (KW) License #3310224

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,926

Year Built

  • Built in 2003

Lot Details

  • 6,500 Sq Ft Lot
  • Home fronts a canal
  • Fenced
  • Fruit Trees

Property Views

  • Gulf
  • Canal

Home Design

  • Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,728 Sq Ft Home
  • Ceiling Fan
  • Double Hung Windows
  • Blinds
  • French Doors
  • Sliding Doors
  • Workshop
  • Storage
  • Utility Room

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Complete Roll Down Shutters
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Covered Parking

Outdoor Features

  • Patio
  • Outdoor Storage
  • Attached Grill

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Boca Chica Sub D Subdivision

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,926

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Geiger Key
  • K W Neighborhood: Outside of Key West
  • Limited Representation: Yes
  • Mile Marker: 10.50
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Ocean
  • State Province: FL
  • Taxes: 3926.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2003
  • Alternate Key Number: 1186384
  • Building Style Stilt Column Height: LZVZI459X2Q
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 6500.00
  • Porch Balcony: Patio
  • Shutters: Other, Roll Down Manual
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1728.00
  • Pre Wired: Cable
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Walk-in Closet(s), Storage, Other, Pantry, Drapes/Blinds Incl
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Oven, Dryer
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Workshop, Utility Room
  • Windows/Doors: Double Hung Windows, Glass Doors, French Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front, Plugged Canal Front
  • Waterfront: Yes
  • Construction: Concrete, Modular
  • Exterior Features: Built-in Grill, Storage, Fencing, Fruit Tree(s)
  • Roof: Shingle Roof
  • Waterview: Bay/Gulf View, Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Lot Size: 124X66X90X53X25X25X3
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2022
Sold by
Balbuena Michael J
Bought by
Balbuena Brenna
Current Estimated Value
$1,071,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2015
Closed on
Jun 6, 2016
Sold by
Borruso Michael and Borruso Lisa
Bought by
Balbuena Michael J and Balbuena Brenna
Seller's Agent
Dave Bootle
Keller Williams Key West Compass Realty
Buyer's Agent
Jenny Perry
Preferred Properties (KW)
List Price
$479,000
Sold Price
$462,000
Premium/Discount to List
-$17,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%
Original Mortgage
$453,632
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2008
Sold by
Ondrey Brandon A and Ondrey Kristy
Bought by
Borruso Michael and Borruso Lisa

Purchase Details

Closed on
Aug 6, 2004
Sold by
Ondrey Christine M
Bought by
Ondrey Brandon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 3, 2003
Sold by
Parker William H and Parker Aubrey S
Bought by
Ondrey Brandon and Ondrey Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 23, 1999
Sold by
Cridland Ruth E
Bought by
Parker Ii William H and Parker Ii Aubrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1985
Bought by
Balbuena Michael J and Balbuena Brenna
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
Balbuena Brenna $198,000 Serenity Title
Balbuena Michael J $462,000 None Available
Borruso Michael $455,000 Chicago Title Of The Fl Keys
Ondrey Brandon A $202,500 --
Ondrey Brandon $155,000 True Title Agency Inc
Parker Ii William H $57,000 --
Balbuena Michael J $10,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balbuena Brenna $618,000
Previous Owner Balbuena Michael J $453,632
Previous Owner Parker Ii William H $168,500
Previous Owner Ondrey Brandon $124,000
Previous Owner Parker Ii William H $10,000
Previous Owner Parker Ii William H $71,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2016 06/06/16 Sold $462,000 -3.5% $267 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
10/22/2015 10/22/15 For Sale $479,000 -- $277 / 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 $5,861 $711,365 $311,942 $399,423
2023 $5,861 $735,164 $306,372 $428,792
2022 $5,370 $664,564 $231,172 $433,392
2021 $4,949 $516,786 $167,112 $349,674
2020 $4,712 $510,626 $157,364 $353,262
2019 $4,124 $401,921 $144,830 $257,091
2018 $4,075 $385,821 $128,119 $257,702
2017 $4,151 $397,799 $0 $0
2016 $4,205 $391,601 $0 $0
2015 $4,112 $373,067 $0 $0
2014 $3,926 $338,462 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dave Bootle

    Keller Williams Key West Compass Realty

  • Jenny Perry

    Buyer's Agent in 2016

    Jenny Perry

    Preferred Properties (KW)

    (305) 747-0369

    11 in this area

    104 Total Sales

    Jenny Perry
    Section Image

  • A

    Buyer Co-Listing Agent in 2016

    Angela McChesney

    Preferred Properties (KW)

    (305) 395-2540

    10 Total Sales

    Angela McChesney
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122312

Florida Keys Board of REALTORS®

APN: 00145030-000000

Florida Monroe County Key West 33040

325 Spica Ln, Key West, FL

This home is located at 325 Spica Ln, Key West, FL 33040 since 22 October 2015 and is currently estimated at $1,071,037, approximately $619 per square foot. This property was built in 2003. 325 Spica Ln is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High School.

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.

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