NOT LISTED FOR SALE

3416 Riviera Dr Key West, FL 33040

New Town Neighborhood

Estimated Value: $1,296,000 - $1,774,000

3 Beds
3 Baths
1,884 Sq Ft
$841/Sq Ft Est. Value

Last Sold October 19, 2017

Last sale price $930,000 $494 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $9,093/month

595 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Impact Glass
  • Lanai
  • Stainless Steel Appliances
  • Patio

About This Home

As of October 2017

Wonderful 3BR/3BA waterfront home on a great block in Key West. Enjoy a nice open floor plan all on one level with large windows & sliding glass doors that allow natural light to fill the home. Interior features bamboo & tile floors, a renovated kitchen w/beautifully crafted butcher block countertops, stainless steel appliances, a large pantry & laundry room. Privacy fence surrounds a huge amount of outdoor space including a large covered & tiled back patio, wooden side lanai as well as more than enough area for pool & spa. Lots of off-street parking & absolutely perfect for entertaining. Great boating with quick direct access to Atlantic Ocean.

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 02/15/2016

Co-Listed By

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #3264225

Last Buyer's Agent

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #3264225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,030

Year Built

  • Built in 1963

Lot Details

  • 7,670 Sq Ft Lot
  • Ocean Front
  • Home fronts a canal

Property Views

  • Ocean
  • Canal

Home Design

  • Metal Roof

Interior Spaces

  • 1,884 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Storage
  • Tile Flooring

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Patio
  • Lanai
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Riviera Shores Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,030

Year Built

Built in 1963

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 Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5030.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1963
  • Alternate Key Number: 1073792
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 7670.00
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1884.00
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Microwave, Stainless Steel Appliance(s), Refrigerator, Oven, Dryer, Disposal
  • Floor: Combo, Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Single Hung Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davit Pads
  • Waterfront: Canal Front, Oceanfront
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Exterior Features: Lanai, Storage
  • Roof: Metal Roof
  • Waterview: Canal View, Ocean View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
Oct 16, 2017
Sold by
Ellis David C and Bluth Pamela S
Bought by
Perez Sergio E and Perez Molly B
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
John Spottswood
Truman & Co. (KW)
List Price
$985,000
Sold Price
$930,000
Premium/Discount to List
-$55,000
-5.58%
Current Estimated Value
$1,585,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,017
Avg. Annual Appreciation
6.68%
Original Mortgage
$740,000
Outstanding Balance
$614,450
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$970,567

Purchase Details

Closed on
Apr 30, 2015
Sold by
Schmitz David A and Schmitz Bertram
Bought by
Ellis David C and Bluth Pamela S

Purchase Details

Closed on
Oct 4, 2011
Sold by
Schmitz Bertram J
Bought by
Schmitz Bertram and Schmitz Lizabeth

Purchase Details

Closed on
Feb 1, 1970
Bought by
Ellis David C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez Sergio E $930,000 Attorney
Ellis David C $650,000 None Available
Schmitz Bertram -- None Available
Ellis David C $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Sergio E $740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2017 10/19/17 Sold $930,000 -5.6% $494 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
02/15/2016 02/15/16 For Sale $985,000 -- $523 / 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
2025 $10,645 $1,425,657 $984,368 $441,289
2024 $10,461 $1,486,285 $1,034,300 $451,985
2023 $10,461 $1,563,169 $1,121,680 $441,489
2022 $9,054 $1,281,673 $884,504 $397,169
2021 $7,933 $907,619 $552,815 $354,804
2020 $6,985 $751,492 $392,321 $359,171
2019 $7,114 $759,596 $392,321 $367,275
2018 $7,162 $749,340 $379,838 $369,502
2017 $6,468 $660,350 $0 $0
2016 $6,461 $622,964 $0 $0
2015 $5,030 $547,892 $0 $0
2014 $4,768 $495,462 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Spottswood

    Seller's Agent in 2017

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    42 in this area

    306 Total Sales

    Terri Spottswood
    Section Image
  • John Spottswood

    Seller Co-Listing Agent in 2017

    John Spottswood

    Truman & Co. (KW)

    (305) 432-4848

    40 in this area

    286 Total Sales

    John Spottswood
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122876

Florida Keys Board of REALTORS®

APN: 00069940-000000

Florida Monroe County Key West 33040 New Town

3416 Riviera Dr, Key West, FL

Not Listed for Sale

Detached

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