$1,800,000
SOLD AUG 21, 2013
4 Beds
4.5 Baths
3,402 Sq Ft
0.26 Acres

Recently Sold

$529 Per Sq Ft

8% Below List Price

188 Days on Market

Highlights

  • Boat Lift
  • Home fronts a canal
  • Furnished
  • Concrete Pool
  • Wood Flooring
  • No HOA

About This Home

As of August 2013

Magnificent 2 story home situated on three lots with direct water access just minutes from downtown Key West. This home was designed for Key West living with large sliding glass doors that opens the living/dining/kitchen area to the lanai and massive pool with lush tropical landscaping. In the main home there is a downstairs bedroom en-suite off the pool and lanai. Up stairs is an outstanding master suite and 3rd guest room and guest suite over the garage with wrap around balconies overlooking the pool and canal. There is also a 2 car garage. This home is poured concrete and will withstand a category 5 hurricane. There is also an electronic boat lift that will hold up to a 12,000 pound boat. See Virtual Tour.

Last Agent to Sell the Property

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 01/16/2013

Co-Listed By

Jeffrey Grosky

Preferred Properties (KW) License #3271707

Last Buyer's Agent

Jeffrey Dunaway

Dunaway McKenzie Realtors (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,409

Year Built

  • Built in 1999

Lot Details

  • 0.26 Acre Lot
  • Home fronts a canal

Home Design

  • Tile Roof

Interior Spaces

  • 3,402 Sq Ft Home
  • Furnished
  • Sliding Doors
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Boat Lift

Community Details

Overview

  • No Home Owners Association
  • Riviera Shores Subdivision

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,409

Year Built

Built in 1999

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 Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 9409.00
  • Title: Negotiable
  • Vehicle Storage: Garage, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1999
  • Alternate Key Number: 1073920
  • Lot Sq Ft: 11375.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3402.00
  • Pool Info Other: Eq Incld;
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.10
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer, Disposal
  • Floor: Carpet, Wood, Combo
  • Half Bathrooms: 1
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Tile Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Security: Central Station Sys
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.26

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2013
Closed on
Aug 21, 2013
Sold by
Revocabl Bonafide Peter Joseph and Revocabl Peter Joseph Bonafide
Bought by
Gassen Reginald A and Gassen Catherine K
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Jeffrey Dunaway
Dunaway McKenzie Realtors (KW)
List Price
$1,950,000
Sold Price
$1,800,000
Premium/Discount to List
-$150,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$1,800,000
Interest Rate
4.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2004
Sold by
Biggerstaff Bill L and James E Stewart Revocable Trus
Bought by
Revocabl Bonafide Peter Joseph and Revocabl Peter Joseph Bonafide

Purchase Details

Closed on
Sep 24, 2001
Sold by
Smith James L and Smith Vuel M
Bought by
Stewart James E Trust

Purchase Details

Closed on
Jun 5, 1997
Sold by
Smith James L and Smith Vuel M
Bought by
James E Stewart Revocable Trust
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 $1,800,000 First Intl Title Inc
Warranty Deed $2,250,000 --
Deed -- --
Warranty Deed -- --
Warranty Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,000,000 Commercial
Closed $1,800,000 Purchase Money Mortgage
Previous Owner $1,500,000 Credit Line Revolving
Previous Owner $410,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Price Changed $5,454,400 0.0% $1,525 / Sq Ft
05/12/2025 05/12/25 For Sale $5,454,000 +203.0% $1,525 / Sq Ft
08/21/2013 08/21/13 Sold $1,800,000 -7.7% $529 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $1,950,000 -- $573 / 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 $15,572 $1,903,275 -- --
2023 $15,572 $1,847,840 $0 $0
2022 $14,914 $1,794,020 $0 $0
2021 $15,325 $1,741,767 $0 $0
2020 $15,072 $1,717,719 $474,975 $1,242,744
2019 $15,064 $1,702,004 $0 $0
2018 $15,093 $1,670,269 $0 $0
2017 $15,042 $1,635,915 $0 $0
2016 $15,578 $1,602,268 $0 $0
2015 $15,879 $1,591,130 $0 $0
2014 $16,396 $1,578,502 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 117538

Florida Keys Board of REALTORS®

APN: 00070080-000000