NOT LISTED FOR SALE

3401 Flagler Ave Key West, FL 33040

New Town Neighborhood

Estimated Value: $445,738 - $460,000

3 Beds
0.5 Bath
1,664 Sq Ft
$272/Sq Ft Est. Value

Sale Details

Date Sold: August 9, 2017

Last sale price $270,000 $162 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,703 / mo

255 Days on Market

About This Home

As of August 2017

Unique opportunity in Key West! Remodel the existing building and enjoy an office space on the first floor and a large space on the second floor with 5-6 bedrooms. Can be used for employee housing and enjoy the extra income. Property sits on a large 5000+- square foot parcel close to everything. Possible short term financing. Click documents tab for the floor plans. Taxes are approximate only

Last Agent to Sell the Property

James Woodend

Keys Commercial Real Estate LLC (KW) License #3316527 Listed on: 10/07/2016

Co-Listed By

Gary Smith

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Richard Haskins

Buy The Keys (KW)

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 5,009

Home Design

  • 1,664 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 0.5 Bathroom

Additional Features

  • Ground Level
  • Public Hookup Available For Sewer

Community Details

Overview

  • No Home Owners Association
  • Key West Fwdn Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

5,009 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • Limited Representation: No
  • Mile Marker: 4.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Year Built: 1968
  • Alternate Key Number: 9103643
  • Building Style: Ground Level
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1664.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 0.10
  • Appliances: No Appliances
  • Half Bathrooms: 1
  • Appliances Other: YES
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Land Size: More than 1 Lot

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2016
Closed on
Aug 9, 2017
Sold by
Bought by
Seller's Agent
James Woodend
Keys Commercial Real Estate LLC (KW)
Buyer's Agent
Richard Haskins
Buy The Keys (KW)
List Price
$799,000
Sold Price
$270,000
Premium/Discount to List
-$529,000
-66.21%
Current Estimated Value
$452,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,869
Avg. Annual Appreciation
5.93%
Original Mortgage
$105,000
Interest Rate
3.93%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 17, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
4.16%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in New Town, FL

  • Christina Davis Real Estate Agent - Coldwell Banker Schmitt RE Co.

    Christina Davis

    Coldwell Banker Schmitt RE Co.

    (888) 619-4201

    53 Total Sales

    1 in New Town

    $930,000 Price

    Christina Davis
     Section Image
  • The Wesley Group Real Estate Agent - Bascom Grooms Real Estate (KW)

    The Wesley Group

    Bascom Grooms Real Estate (KW)

    (844) 983-1896

    25 Total Sales

    12 in New Town

    $135K - $699K Price Range

    The Wesley Group
     Section Image
  • Darrin Smith Real Estate Agent - Key West Luxury Real Estate Inc (KW)

    Darrin Smith

    Key West Luxury Real Estate Inc (KW)

    (813) 850-0259

    61 Total Sales

    11 in New Town

    $445K - $2.4M Price Range

    Darrin Smith
     Section Image
  • Michelle Howerton Real Estate Agent - Brenda Donnelly Real Estate LLC

    Michelle Howerton

    Brenda Donnelly Real Estate LLC

    (786) 705-6284

    32 Total Sales

    1 in New Town

    $630,000 Price

    Michelle Howerton
     Section Image
  • Everett Smith Real Estate Agent - Ocean Sotheby's International Realty

    Everett Smith

    Ocean Sotheby's International Realty

    (786) 745-7491

    19 Total Sales

    1 in New Town

    $1,950,000 Price

    Everett Smith
     Section Image
  • Natallie Liz Real Estate Agent - Expert Realty LLC

    Natallie Liz

    Expert Realty LLC

    (786) 751-7855

    26 Total Sales

    4 in New Town

    $875K - $1.3M Price Range

    Natallie Liz
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$270,000 Superior Title Of South Fl I
$312,500 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $260,000
Closed $170,000
Closed $36,000
Closed $60,000
Previous Owner $105,000
Previous Owner $202,500
Previous Owner $87,500
Previous Owner $87,500
Previous Owner $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/09/2017 08/09/17 Sold $270,000 -66.2% $162 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
10/07/2016 10/07/16 For Sale $799,000 -- $480 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,511 $320,875 $320,875
2024 $2,694 $320,875 $320,875
2023 $2,694 $337,726 $320,875 $16,851
2022 $2,579 $337,726 $320,875 $16,851
2021 $1,947 $135,487 $117,025 $18,462
2020 $1,938 $135,487 $117,025 $18,462
2019 $1,936 $135,487 $117,025 $18,462
2018 $3,306 $286,508 $136,400 $150,108
2017 $3,055 $254,081 $0 $0
2016 $3,234 $259,559 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    James Woodend

    Keys Commercial Real Estate LLC (KW)

  • G

    Seller Co-Listing Agent in 2017

    Gary Smith

    Coldwell Banker Schmitt Real Estate Co. (KW)

  • R

    Buyer's Agent in 2017

    Richard Haskins

    Buy The Keys (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 572257

Florida Keys Board of REALTORS®

APN: 00052750-000100

Florida Monroe County Key West 33040 New Town

3401 Flagler Ave, Key West, FL

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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