NOT LISTED FOR SALE

34 Bay Dr Key West, FL 33040

Estimated Value: $950,000 - $1,490,000

3 Beds
2 Baths
1,633 Sq Ft
$800/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $950,000 $582 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,383/month

50 Days on Market

Highlights

  • Dock made with concrete
  • Home fronts a canal
  • No HOA
  • Tennis Courts
  • Wood Flooring
  • 1-minute walk to Marathon Rotary Park

About This Home

As of August 2023

Quaint Saddlebunch retreat on sparkling canal with proximity to exciting Key West! This well-maintained home sits on an oversized 15,047 sq ft lot with established tropical landscaping, and boasts access to world-renowned fishing and diving. Inside, an inviting, open-concept main living space features a bonus den through French doors, highlighted by reclaimed oak floors and cedar accents, bringing warmth and character to the space. The kitchen features ample cabinetry and stainless steel refrigerator and dishwasher. Three sizable bedrooms and two full bathrooms provide plenty of spacious accommodation for entertaining guests. Additional interior features include new washer and dryer, recently upgraded air handler (2019), and updated electrical and plumbing. The screened-in back patio provides a tranquil space for taking in the Canal Views and balmy sea breezes. An outdoor shower provides convenience for washing away residual salt and sand after a day on the water. Built to withstand all weather, this home features CBS construction, metal roof, and class A shutters. Nestled on a quiet street in desirable Bay Point neighborhood, just minutes from a locals' favorite coffee shop and a short drive to all the attractions in Key West! Come tour this Saddlebunch beauty today!

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Lower Keys (KW) License #605677 Listed on: 03/15/2023

Coldwell Banker Schmitt Lower Keys (KW)

Last Buyer's Agent

Austin Kimbler

Keller Williams Key West Compass Realty License #3454100

Keller Williams Key West Compass Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,939

Year Built

  • Built in 1956

Lot Details

  • 0.35 Acre Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 1,633 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Storage
  • Canal Views
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Dock made with concrete
  • Tennis Courts
  • Screened Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00160460-000000

Community Details

Overview

  • No Home Owners Association
  • Bay Point Amd & 1St Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,939

Year Built

Built in 1956

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
  • Control Depth: 3
  • Dockage Dock: Concrete
  • Document Count: 3
  • Fee Includes: None
  • Key Island: Saddlebunch
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 15.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 1939.24
  • Title: Negotiable
  • Vehicle Storage: Open Parking, Trailer Storage, Off Street Parking
  • Year Built: 1956
  • Alternate Key Number: 1206032
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 15047.00
  • Porch Balcony: Screened P/B
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1633.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Floor: Tile, Wood
  • Specialty Rooms: Other
  • Windows/Doors: Other Windows/Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00160460-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.35

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Aug 3, 2023
Sold by
Appleby Delia D
Bought by
Henry Joshua
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
Buyer's Agent
Austin Kimbler
Keller Williams Key West Compass Realty
List Price
$1,049,000
Sold Price
$950,000
Premium/Discount to List
-$99,000
-9.44%
Views
207
Current Estimated Value
$1,306,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,774
Avg. Annual Appreciation
17.38%
Original Mortgage
$760,000
Outstanding Balance
$745,238
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$561,536

Purchase Details

Closed on
Aug 26, 1994
Sold by
Papy Whitney R and Papy Linda J
Bought by
Appleby Delia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
8.74%

Purchase Details

Closed on
Feb 1, 1977
Bought by
Appleby Delia D
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
Henry Joshua $950,000 None Listed On Document
Appleby Delia D $140,000 --
Appleby Delia D $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Joshua $760,000
Previous Owner Appleby Delia D $50,000
Previous Owner Appleby Delia D $77,000
Previous Owner Appleby Delia D $20,000
Previous Owner Appleby Delia D $250,000
Previous Owner Appleby Delia D $114,000
Previous Owner Appleby Delia D $115,500
Previous Owner Appleby Delia D $25,000
Previous Owner Appleby Delia D $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $950,000 -4.9% $582 / Sq Ft
04/25/2023 04/25/23 Price Changed $999,000 -4.8% $612 / Sq Ft
03/15/2023 03/15/23 For Sale $1,049,000 -- $642 / Sq Ft
Source: Marathon and Lower Keys 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 $1,994 $810,994 $580,965 $230,029
2023 $1,994 $198,981 $0 $0
2022 $1,939 $193,186 $0 $0
2021 $1,954 $187,560 $0 $0
2020 $1,939 $184,971 $0 $0
2019 $1,901 $180,813 $0 $0
2018 $1,898 $177,442 $0 $0
2017 $1,846 $173,793 $0 $0
2016 $1,850 $170,219 $0 $0
2015 $1,900 $169,036 $0 $0
2014 $1,942 $167,694 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 604577

APN: 00160460-000000