NOT LISTED FOR SALE

3405 Flagler Ave Key West, FL 33040

New Town Neighborhood

Estimated Value: $722,000 - $1,049,000

4 Beds
2 Baths
1,493 Sq Ft
$549/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $595,000 $399 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,788/month

101 Days on Market

Highlights

  • Deck
  • Patio
  • Accessible Parking
  • No HOA
  • Storage
  • Outdoor Shower

About This Home

As of February 2022

PRICE REDUCTION! MOTIVATED SELLER! This home is brick and frame construction with lots of outdoor room. With a Accessory unit currently being used as an additional Kitchen for the home. It has a large outdoor concrete patio and large shade trees with lots of landscaping and private shaded deck area . It has one off street parking spot currently not being used. This is a great single family home with lots of potential for investment or primary residence Please call agent a minimum of 24 hours for showing as it is currently occupied by tenants.

Last Agent to Sell the Property

Gary Binkley

Century 21 Schwartz Realty (KW) Listed on: 08/09/2021

Co-Listed By

Mark Burris

PremierSouth Properties (KW) License #700335

Last Buyer's Agent

Matthew Sheehan

Ocean Sotheby's International Realty License #3400684

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,719

Year Built

  • Built in 1968

Lot Details

  • 5,000

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,493 Sq Ft Home
  • Single Hung Windows
  • Sliding Doors
  • Storage
  • Tile Flooring

Kitchen

  • Range
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Additional Features

  • Accessible Parking
  • 5,000 Sq Ft Lot
  • Ground Level

Community Details

  • No Home Owners Association
  • Key West Fwdn Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00052750-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,719

Year Built

Built in 1968

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
  • Financial Status Bank Owned: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Fire Hydrant
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3718.72
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1968
  • Alternate Key Number: 1053384
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Deck, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1493.00
  • Financial Status Standard Sale: Yes
  • 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: Dryer, Range, Washer, Refrigerator
  • Floor: Tile
  • Specialty Rooms: Other
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 4
  • Accessibility Features: Other See Remarks, Parking

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction, Other, Stucco
  • Exterior Features: Outdoor Shower
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00052750-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Feb 22, 2022
Sold by
Cleghorn Homes Llc
Bought by
Allen Henry Braxton and Allen Cheryl Denise
Seller's Agent
Gary Binkley
Century 21 Schwartz Realty (KW)
Buyer's Agent
Matthew Sheehan
Ocean Sotheby's International Realty
List Price
$699,000
Sold Price
$595,000
Premium/Discount to List
-$104,000
-14.88%
Current Estimated Value
$819,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,795
Avg. Annual Appreciation
9.17%
Original Mortgage
$386,750
Outstanding Balance
$360,491
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$455,486

Purchase Details

Closed on
Mar 31, 2016
Sold by
Flynn Debra S
Bought by
Cleghorn Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 1997
Sold by
Bratnie Shawn M Mc and Islands Sandy
Bought by
Prentice Christine W and Prentice Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 1, 1989
Bought by
Cleghorn Homes Llc

Purchase Details

Closed on
Apr 1, 1980
Bought by
Cleghorn Homes Llc

Purchase Details

Closed on
Feb 1, 1980
Bought by
Cleghorn Homes Llc
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
Allen Henry Braxton $595,000 Closing Department Inc
Cleghorn Homes Llc $325,000 None Available
Prentice Christine W $195,000 --
Cleghorn Homes Llc $70,000 --
Cleghorn Homes Llc $180,000 --
Cleghorn Homes Llc $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Henry Braxton $386,750
Previous Owner Cleghorn Homes Llc $325,000
Previous Owner Prentice Christine W $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $595,000 -6.9% $399 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
09/28/2021 09/28/21 Price Changed $639,000 -5.3% $428 / Sq Ft
08/30/2021 08/30/21 Price Changed $675,000 -3.4% $452 / Sq Ft
08/09/2021 08/09/21 For Sale $699,000 -- $468 / 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 $5,299 $626,636 $374,920 $251,716
2023 $5,299 $577,901 $374,920 $202,981
2022 $4,337 $518,561 $292,520 $226,041
2021 $3,971 $404,578 $199,820 $204,758
2020 $3,719 $377,501 $193,640 $183,861
2019 $3,746 $377,501 $193,640 $183,861
2018 $3,688 $363,791 $177,160 $186,631
2017 $3,672 $355,551 $0 $0
2016 $3,690 $337,791 $0 $0
2015 $5,696 $489,383 $0 $0
2014 $5,825 $483,145 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gary Binkley

    Century 21 Schwartz Realty (KW)

  • M

    Seller Co-Listing Agent in 2022

    Mark Burris

    PremierSouth Properties (KW)

    (305) 395-1999

    2 in this area

    2 Total Sales

    Mark Burris
    Section Image
  • Matthew Sheehan

    Buyer's Agent in 2022

    Matthew Sheehan

    Ocean Sotheby's International Realty

    (305) 849-9233

    17 in this area

    118 Total Sales

    Matthew Sheehan
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 597244

Florida Keys Board of REALTORS®

APN: 00052750-000000

Florida Monroe County Key West 33040 New Town

3405 Flagler Ave, Key West, FL

This home is located at 3405 Flagler Ave, Key West, FL 33040 since 09 August 2021 and is currently estimated at $819,795, approximately $549 per square foot. This property was built in 1968. 3405 Flagler Ave 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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