NOT LISTED FOR SALE

3255 Flagler Ave Unit 405 Key West, FL 33040

New Town Neighborhood

Estimated Value: $414,000 - $459,000

2 Beds
1 Bath
750 Sq Ft
$240/mo HOA Fee

Last Sold November 08, 2018

Last sale price $265,000 $353 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,961/month

88 Days on Market

Highlights

  • Balcony
  • Tile Flooring
  • Ceiling Fan
  • Shutters
  • Central Air
  • 4-minute walk to Wickers Sports Complex

About This Home

As of November 2018

Remarkable opportunity to purchase a centrally located condominium on the island of Key West. This two bedroom, one bathroom home is located on the second floor in a mixed-use development. Currently tenant occupied, this residence is perfect as an easy maintenance second home or investor purchase.

Last Listed By

Stacy Stahl

Florida Keys Real Estate Company (KW) Listed on: 06/11/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,574

Year Built

  • Built in 1997

Lot Details

  • 0.44

HOA Fees

  • $240 Monthly HOA Fees

Interior Spaces

  • 750 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Shutters

Kitchen

  • Oven
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00052870-000213

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Flagler Center Ph 2 Subdivision
  • Rental Restrictions

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,574

Year Built

Built in 1997

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 240.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 1574.02
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1997
  • Alternate Key Number: 8770847
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 750.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Refrigerator, Oven, Microwave
  • Floor: Laminate, Tile
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Security: No Security
  • Utilities: Cable Available, Water Separate Meter, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00052870-000213
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Nov 15, 2018
Sold by
Christopher Knox
Bought by
Pavlik Marian and Pavlik Iveta
Seller's Agent
Stacy Stahl
Florida Keys Real Estate Company (KW)
Buyer's Agent
Deborah Batty
Location 3 Real Estate of KW Inc (KW)
List Price
$284,500
Sold Price
$265,000
Premium/Discount to List
-$19,500
-6.85%
Total Days on Market
88
Current Estimated Value
$440,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,081
Avg. Annual Appreciation
8.04%
Original Mortgage
$172,250
Outstanding Balance
$152,639
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$287,442

Purchase Details

Listed on
Jun 11, 2018
Closed on
Nov 8, 2018
Sold by
Christopher Knox
Bought by
Pavlik Marian and Pavlik Iveta
Seller's Agent
Stacy Stahl
Florida Keys Real Estate Company (KW)
Buyer's Agent
Deborah Batty
Location 3 Real Estate of KW Inc (KW)
List Price
$284,500
Sold Price
$265,000
Premium/Discount to List
-$19,500
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,250
Outstanding Balance
$152,639
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$287,442

Purchase Details

Closed on
Jan 15, 2002
Sold by
Barbara J Cantalini I
Bought by
Knox Christophe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2000
Sold by
Maunsbach Kay B
Bought by
Cantalini Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
Interest Rate
8.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2000
Sold by
Michelle M Archer Tr
Bought by
Maunsbach Kay B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
Interest Rate
8.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 1998
Sold by
Buck Don P and Jasinski Waldemar W
Bought by
Archer Michelle M

Purchase Details

Closed on
Jun 6, 1995
Sold by
Paul Buck Don
Bought by
Paul Buck Don and Wojciech Jasinski Waldemar

Purchase Details

Closed on
Feb 1, 1992
Bought by
Knox Christopher

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
Pavlik Marian $265,000 None Listed On Document
Pavlik Marian $265,000 None Listed On Document
Knox Christophe $156,000 --
Cantalini Barbara J $138,000 --
Maunsbach Kay B $130,000 --
Archer Michelle M $112,000 --
Paul Buck Don -- --
Knox Christopher $81,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pavlik Marian $172,250
Closed Pavlik Marian $172,250
Previous Owner Knox Christopher $205,950
Previous Owner Knox Christopher $241,500
Previous Owner Knox Christopher $89,400
Previous Owner Knox Christopher M $56,000
Previous Owner Archer Michelle M $156,000
Previous Owner Archer Michelle M $156,000
Previous Owner Archer Michelle M $117,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2018 11/08/18 Sold $265,000 -6.9% $353 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $284,500 -- $379 / 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 $3,099 $375,400 -- $375,400
2023 $3,099 $358,600 $0 $358,600
2022 $2,650 $270,400 $0 $270,400
2021 $2,538 $241,000 $0 $241,000
2020 $2,352 $220,975 $0 $220,975
2019 $2,417 $226,795 $0 $226,795
2018 $1,906 $196,450 $0 $0
2017 $1,984 $235,859 $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: Florida Keys Board of REALTORS®

MLS Number: 580550

Florida Keys Board of REALTORS®

APN: 00052870-000213