NOT LISTED FOR SALE

3255 Flagler Ave Unit 404 Key West, FL 33040

New Town Neighborhood

Estimated Value: $386,000 - $462,000

2 Beds
1 Bath
750 Sq Ft
0.44 Acres

Last Sold July 11, 2022

Last sale price $437,500 $583 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,409/month

29 Days on Market

About This Home

As of July 2022

The opportunity you've been waiting for! This updated, bright, and spacious two bedroom end unit condominium is centrally located near shopping, schools, and beaches, and just minutes to Old Town Key West! Recent improvements include all new interior paint, new flooring in bedrooms, some new appliances, new bathroom vanity, and new fixtures. Condo association has reasonable fees which includes all building insurances, building maintenance and common area maintenance. One private parking space conveys with unit as well.

Last Agent to Sell the Property

Jimmy Lane

Island Life Realty Experts License #664783 Listed on: 05/12/2022

Last Buyer's Agent

John Spottswood

Truman & Co. (KW) License #3264225

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,523

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 W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 2372.86
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1997
  • Alternate Key Number: 8770839
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 750.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Granite Counter Top
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Floor: Tile, Carpet
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE
  • Parcel Number: 00052870-000212
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 11, 2022
Sold by
Brett Southgate
Bought by
Kongos Susan Marie
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
John Spottswood
Truman & Co. (KW)
List Price
$450,000
Sold Price
$437,500
Premium/Discount to List
-$12,500
-2.78%
Current Estimated Value
$430,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,100
Avg. Annual Appreciation
-0.51%

Purchase Details

Closed on
Aug 4, 2003
Sold by
Abreu Gerald and Santana George
Bought by
Southgate Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,020
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1991
Bought by
Southgate Brett
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kongos Susan Marie $437,500 Oropeza Stones Cardenas Pllc
Southgate Brett $217,800 --
Southgate Brett $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Southgate Brett $196,020
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $437,500 -2.8% $583 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $450,000 -- $600 / 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 $1,523 $172,644 -- --
2023 $1,523 $167,616 $0 $0
2022 $2,442 $286,602 $0 $286,602
2021 $2,373 $264,074 $0 $264,074
2020 $2,194 $241,230 $0 $241,230
2019 $2,137 $247,608 $0 $247,608
2018 $1,922 $201,194 $0 $0
2017 $1,850 $195,884 $0 $0
2016 $1,596 $122,289 $0 $0
2015 $1,640 $122,289 $0 $0
2014 $1,653 $122,289 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 600977

Key West Association of REALTORS®

APN: 00052870-000212