NOT LISTED FOR SALE

3255 Flagler Ave Unit 408 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 March 12, 2018

Last sale price $268,000 $357 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,732/month

5 Days on Market

Highlights

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

About This Home

As of March 2018

Very nice condo in mixed-use building, commercial below, residential condos above. Clean, new tile floors, updated kitchen and bathroom. Corner unit w/extra windows, full accordion-style shutters, quiet-side of building, assigned parking. Easy living or investment/rental property. Vacant, short notice OK. Owners are licensed real estate agents.

Last Agent to Sell the Property

James Smith

Florida Keys Real Estate Company (KW) Listed on: 02/05/2018

Last Buyer's Agent

Walter Lee

Flagler Realty (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1997

Lot Details

  • 0.44

HOA Fees

  • $240 Monthly HOA Fees

Interior Spaces

  • 750 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00052870-000216

Community Details

Overview

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

Pet Policy

  • Pet Restriction: YES

Security

  • Complete Accordion Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,596

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
  • Limited Representation: No
  • Mile Marker: 3.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 1595.53
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1997
  • Alternate Key Number: 8770880
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 750.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00052870-000216
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Mar 14, 2018
Sold by
Smith Jr James E and Smith Marilyn S
Bought by
Korrick Nadiya
Seller's Agent
James Smith
Florida Keys Real Estate Company (KW)
Buyer's Agent
Walter Lee
Flagler Realty (KW)
List Price
$279,000
Sold Price
$268,000
Premium/Discount to List
-$11,000
-3.94%
Current Estimated Value
$436,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,766
Avg. Annual Appreciation
6.87%

Purchase Details

Listed on
Feb 5, 2018
Closed on
Mar 12, 2018
Sold by
Smith Jr James E and Smith Marilyn S
Bought by
Korrick Nadiya
Seller's Agent
James Smith
Florida Keys Real Estate Company (KW)
Buyer's Agent
Walter Lee
Flagler Realty (KW)
List Price
$279,000
Sold Price
$268,000
Premium/Discount to List
-$11,000
-3.94%

Purchase Details

Closed on
Jul 31, 2003
Sold by
Dam Mark D
Bought by
Smith James E and Smith Marilyn S

Purchase Details

Closed on
Jan 28, 2003
Sold by
Dam Mark D
Bought by
Myatiev Batyr and Zaharova Eugenia

Purchase Details

Closed on
Nov 30, 2001
Sold by
Albert L Borer I
Bought by
Dam Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,600
Interest Rate
6.59%

Purchase Details

Closed on
May 23, 1995
Sold by
Villas Key W Ltd
Bought by
Borer Albert Leon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
8.35%
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
Korrick Nadiya $268,000 None Listed On Document
Korrick Nadiya $268,000 None Listed On Document
Smith James E $212,000 Century Title Corporation
Myatiev Batyr $175,000 Atlantic Title & Abstract Co
Dam Mark D $148,000 --
Borer Albert Leon $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dam Mark D $29,600
Previous Owner Borer Albert Leon $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2018 03/12/18 Sold $268,000 -3.9% $357 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $279,000 -- $372 / 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 $2,109 $244,844 -- --
2023 $2,109 $237,713 $0 $0
2022 $2,013 $230,790 $0 $0
2021 $2,034 $224,068 $0 $224,068
2020 $1,999 $220,975 $0 $220,975
2019 $2,417 $226,795 $0 $226,795
2018 $1,985 $219,756 $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

  • J

    Seller's Agent in 2018

    James Smith

    Florida Keys Real Estate Company (KW)

  • W

    Buyer's Agent in 2018

    Walter Lee

    Flagler Realty (KW)

  • Walt Lee

    Buyer's Agent in 2018

    Walt Lee

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 879-7355

    18 in this area

    81 Total Sales

    Walt Lee
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578608

Florida Keys Board of REALTORS®

APN: 00052870-000216

Florida Monroe County Key West 33040 New Town

3255 Flagler Ave Unit 408, Key West, FL

This home is located at 3255 Flagler Ave Unit 408, Key West, FL 33040 since 05 February 2018 and is currently estimated at $436,766, approximately $582 per square foot. This property was built in 1997. 3255 Flagler Ave Unit 408 is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and May Sands Montessori 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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