NOT LISTED FOR SALE

Estimated Value: $1,175,000 - $1,468,000

3 Beds
3 Baths
1,732 Sq Ft
$744/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,250,000 $722 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,379/month

4 Days on Market

About This Home

As of May 2023

Pristine 3 bedroom, 2.5 bath home with dipping pool on Riviera Drive in Key West. Single level living, with Smart home features found throughout the home, multiple living areas inside and out, dipping pool, separate workshop/office with new mini split ac, this home has it all!!! Smart lighting inside and out ,smart sprinkler system, door locks, camera monitoring system ( solar), thermostat- this house is very easy to monitor from afar by using your phone, in addition there is hot water on demand and a recent new metal roof . Enter through the large covered front porch, and step into the open kitchen-living and dining area. The kitchen has new quartz counters, cabinets, and new 5 burner gas cook top, Franke sink, and newer stainless steel appliances-including a double wall oven. This kitchen is sure to inspire some wonderful meals!. Adjacent to the Large living room is an additional bonus room- perfect for an office, play area, or quiet reading spot. A large screened in porch with more seating, is steps away from the small dipping pool, perfect for relaxing. There is a CBS workshop/ gym with a new mini split separate from the house. Several houses down the street is a put in spot for your kayak or SUP, and at the end of Riviera Drive is a public boat ramp. Wind Insurance is $4253, Flood $3245, Home Owners is $1771. Survey and EC on file. One of the Sellers is a licensed Florida Realtor. Please note: three security cameras outside the home are active and will record video but not audio.

Last Agent to Sell the Property

Elaine Coyle

Keller Williams Key West Compass Realty License #704304 Listed on: 03/30/2023

Keller Williams Key West Compass Realty

Last Buyer's Agent

Steven Wells

Paradise Real Estate in Key West (KW) License #3044412

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,649

Year Built

1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 5597.72
  • Title: Negotiable
  • Year Built: 1969
  • Alternate Key Number: 1072788
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6360.00
  • Pool Info: In Ground
  • Porch Balcony: Patio, Screened Patio
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1732.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedroom, Quartz Countertops, Walk-in Closet(s), Pantry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Oven, Range, Refrigerator, Dryer
  • Floor: Combo
  • Half Bathrooms: 1
  • Specialty Rooms: Workshop
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00068890-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 31, 2023
Sold by
Grady Patrick James and Grady Jason Todd
Bought by
Mcmahan Benjamin F and Mcmahan Ashley D
Seller's Agent
Elaine Coyle
Keller Williams Key West Compass Realty
Buyer's Agent
Steven Wells
Paradise Real Estate in Key West (KW)
List Price
$1,250,000
Sold Price
$1,250,000
Views
144
Current Estimated Value
$1,287,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,995
Avg. Annual Appreciation
1.25%
Original Mortgage
$1,125,000
Outstanding Balance
$1,090,142
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$197,853

Purchase Details

Listed on
Feb 23, 2022
Closed on
Apr 11, 2022
Sold by
Cooper Michael G and Cooper Jessica E
Bought by
Grady Patrick James and King Jason Todd
Seller's Agent
Lindsay Ryan
Island Breeze Realty, LLC
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$1,150,000
Sold Price
$1,050,000
Premium/Discount to List
-$100,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.68%
Original Mortgage
$840,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2020
Closed on
May 29, 2020
Sold by
Evangelisti Joseph
Bought by
Cooper Michael G and Cooper Jessica E
Seller's Agent
Michael Spirnak
Richard Padron And Associates (KW)
Buyer's Agent
Lindsay Ryan
Island Breeze Realty, LLC
List Price
$719,000
Sold Price
$662,000
Premium/Discount to List
-$57,000
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.98%
Original Mortgage
$685,832
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Apr 2, 2019
Sold by
Teri Dwyer Helen
Bought by
Evangelisti Joseph

Purchase Details

Closed on
Feb 20, 2019
Sold by
Teri Dwyer Helen and Evangelisti Joseph
Bought by
Evangelisti Joseph

Purchase Details

Closed on
Mar 29, 2004
Bought by
Dwyer Helen Teri

Purchase Details

Closed on
Jun 13, 2000
Sold by
Wood Norman B
Bought by
Borresen William H and Borresen Jerry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 1999
Sold by
Ann B Powell Tr and Bradford G Powell Tr
Bought by
Wood Norman B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,550
Interest Rate
7.99%

Purchase Details

Closed on
Nov 1, 1986
Bought by
Dwyer Helen Teri

Purchase Details

Closed on
Feb 1, 1976
Bought by
Dwyer Helen Teri
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
Mcmahan Benjamin F $1,250,000 None Listed On Document
Grady Patrick James $1,050,000 Oropeza Stones Cardenas Pllc
Cooper Michael G $662,000 Attorney
Evangelisti Joseph $296,000 None Listed On Document
Evangelisti Joseph $296,000 None Listed On Document
Dwyer Helen Teri $735,000 --
Borresen William H $420,000 --
Wood Norman B $263,000 --
Dwyer Helen Teri $118,500 --
Dwyer Helen Teri $39,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahan Benjamin F $1,125,000
Previous Owner Grady Patrick James $840,000
Previous Owner Cooper Michael G $685,832
Previous Owner Wood Norman B $275,000
Previous Owner Wood Norman B $43,000
Previous Owner Wood Norman B $300,000
Previous Owner Wood Norman B $39,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Sold $1,250,000 0.0% $722 / Sq Ft
03/30/2023 03/30/23 For Sale $1,250,000 +19.0% $722 / Sq Ft
04/12/2022 04/12/22 Sold $1,050,000 0.0% $606 / Sq Ft View Prior Sale
03/11/2022 03/11/22 Price Changed $1,050,000 -8.7% $606 / Sq Ft
02/23/2022 02/23/22 For Sale $1,150,000 +73.7% $664 / Sq Ft
05/29/2020 05/29/20 Sold $662,000 -7.9% $382 / Sq Ft View Prior Sale
03/05/2020 03/05/20 For Sale $719,000 -- $415 / 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 $7,649 $1,025,116 $679,296 $345,820
2023 $7,649 $858,893 $546,006 $312,887
2022 $5,598 $692,590 $378,992 $313,598
2021 $5,091 $532,560 $274,609 $257,951
2020 $4,848 $506,814 $252,126 $254,688
2019 $4,949 $544,410 $292,274 $252,136
2018 $4,687 $515,514 $282,638 $232,876
2017 $4,273 $441,459 $0 $0
2016 $4,273 $443,576 $0 $0
2015 $4,011 $399,120 $0 $0
2014 $3,874 $379,048 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 604766

Key West Association of REALTORS®

APN: 00068890-000000