NOT LISTED FOR SALE

3425 16th Terrace Key West, FL 33040

New Town Neighborhood

Estimated Value: $1,008,000

3 Beds
2 Baths
1,602 Sq Ft
$629/Sq Ft Est. Value

Sale Details

Date Sold: March 22, 2021

Last sale price $562,500 $351 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,985 / mo

190 Days on Market

Highlights

  • No HOA
  • Complete Accordion Shutters
  • Tile Flooring

About This Home

As of March 2021

This property is steps away from evening waterside sunsets along North Roosevelt Blvd, and also gives you quick access to daily essentials like Publix and Home Depot .This three bedrooms two baths home sits on a spacious lot with and impressive yard and a car port too. Inside, this home, features not only a large living room, a laundry room, and a master bedroom with an ensuite , but also includes another space that can function as a second family room or an expansive study.Lets schedule a showing and make an offer!

Last Agent to Sell the Property

Dan Serban

Florida Keys Realty Group, LLC (KW) Listed on: 06/01/2020

Last Buyer's Agent

Nick Boumerhi

2150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,717

Year Built

  • Built in 1965

Lot Details

  • 5,800

Home Design

  • Metal Roof

Interior Spaces

  • 1,602 Sq Ft Home
  • Double Hung Windows
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 5,800 Sq Ft Lot
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Pearlman Heights Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 30

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,717

Year Built

Built in 1965

Lot Details

5,800 Sq Ft Lot

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
  • Financial Status Potential Short Sale: 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3716.54
  • Title: Negotiable
  • Year Built: 1965
  • Alternate Key Number: 1057380
  • Lot Sq Ft: 5800.00
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1602.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Oven, Microwave, Dryer
  • Floor: Carpet, Tile
  • Windows/Doors: Double Hung Windows, Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2019

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
Jun 1, 2020
Closed on
Mar 3, 2021
Sold by
Bought by
Seller's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
Buyer's Agent
Nick Boumerhi
2150
List Price
$575,000
Sold Price
$562,500
Premium/Discount to List
-$12,500
-2.17%
Current Estimated Value
$1,008,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,500
Avg. Annual Appreciation
11.50%
Original Mortgage
$534,375
Outstanding Balance
$468,022
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$539,978

Purchase Details

Closed on
Jan 8, 2016
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
$400,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2005
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 2001
Sold by
Bought by

Purchase Details

Closed on
Jul 18, 2001
Sold by
Bought by

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$562,500 Attorney
$430,000 Attorney
-- --
$255,000 --
$215,000 --
$17,500 --
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 $210,100
Open $534,375
Previous Owner $400,000
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
03/22/2021 03/22/21 Sold $562,500 -2.2% $351 / Sq Ft
06/01/2020 06/01/20 For Sale $575,000 -- $359 / 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 $5,394 --
2024 $5,394 --
2023 $5,161 --
2022 $5,161 $0 $0 $0
2021 $4,434 --
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dan Serban

    Florida Keys Realty Group, LLC (KW)

  • N

    Buyer's Agent in 2021

    Nick Boumerhi

    2150

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591180

Florida Keys Board of REALTORS®

APN: 00056900-000000

Florida Monroe County Key West 33040 New Town

3425 16th Terrace, 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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