NOT LISTED FOR SALE

3500 Flagler Ave Key West, FL 33040

New Town Neighborhood

Estimated Value: $1,730,000 - $2,122,000

4 Beds
5.5 Baths
2,856 Sq Ft
$661/Sq Ft Est. Value

Last Sold June 15, 2015

Last sale price $682,500 $239 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $11,177/month

68 Days on Market

Highlights

  • In Ground Pool
  • Patio
  • Central Air
  • No HOA
  • Tile Flooring
  • Ceiling Fan

About This Home

As of June 2015

If SPACIOUS and Key West don't seem synonymous...think again... 4 bedrooms and 5.5 bathrooms on a very large 10,312 square foot lot. Cathedral ceilings, marble floors, chefs kitchen, a row of glass door to a covered patio and pool surrounded by marble decking and brick pathways. This can be your palace in paradise, completely walled and gated for privacy and security.

Last Agent to Sell the Property

Dara Hoover

LoKation Real Estate License #679382 Listed on: 03/04/2015

LoKation Real Estate

Co-Listed By

Deb Bennett

LoKation Real Estate License #419141

Last Buyer's Agent

Terri Spottswood

Prudential Knight Keyside Bran

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,803

Year Built

  • Built in 1953

Lot Details

  • 10,312 Sq Ft Lot
  • Privacy Fence
  • Fenced

Home Design

  • Shingle Roof

Interior Spaces

  • 2,856 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Sunrise Shores Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00071220-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,803

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • 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: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 5803.05
  • Year Built: 1953
  • Alternate Key Number: 1075051
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 10312.00
  • Pool Info: In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2856.00
  • Sewer Hook Up: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 5.10
  • Full Bathrooms: 5
  • Appliances: Microwave, Range, Refrigerator, Oven
  • Floor: Tile
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Privacy Wall/Fence
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE8
  • Parcel Number: 00071220-000000
  • Lot Size: 75 x 137.5
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.24

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2015
Closed on
Jun 10, 2015
Sold by
Wells Fargo Bank National Association
Bought by
Busam Martin
Seller's Agent
Dara Hoover
LoKation Real Estate
Buyer's Agent
Terri Spottswood
Prudential Knight Keyside Bran
List Price
$803,400
Sold Price
$682,500
Premium/Discount to List
-$120,900
-15.05%
Current Estimated Value
$1,887,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,205,323
Avg. Annual Appreciation
11.47%
Original Mortgage
$546,000
Outstanding Balance
$430,764
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$1,633,427

Purchase Details

Closed on
Dec 24, 2014
Sold by
Tecau Philip A
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Dec 10, 2014
Sold by
Tecau Philip
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Mar 31, 2005
Sold by
Trzaskowski Miroslaw
Bought by
Tecau Philip A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,500
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2004
Sold by
Barroso Ygdelina
Bought by
Trzaskowski Miroslaw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,400
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 18, 1996
Sold by
Barroso Gregory A
Bought by
Barros Barry L and Barros Ygdelina

Purchase Details

Closed on
Mar 1, 1988
Bought by
Busam Martin A

Purchase Details

Closed on
Feb 1, 1974
Bought by
Busam Martin A
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
Busam Martin $682,500 Attorney
Wells Fargo Bank National Association -- None Available
Wells Fargo Bank National Association -- None Available
Tecau Philip A $1,250,000 --
Trzaskowski Miroslaw $798,000 --
Barros Barry L $100 --
Barros Barry L $100 --
Barroso Barry L $100 --
Barroso Barry L $100 --
Busam Martin A $190,000 --
Busam Martin A $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busam Martin $546,000
Previous Owner Tecau Philip A $812,500
Previous Owner Trzaskowski Miroslaw $638,400
Previous Owner Trzaskowski Miroslaw $100,000
Closed Tecau Philip A $312,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2015 06/15/15 Sold $682,500 -15.0% $239 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $803,400 -- $281 / 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 $10,690 $1,709,899 $1,152,304 $557,595
2023 $10,690 $1,723,967 $1,260,333 $463,634
2022 $8,044 $1,010,930 $535,641 $475,289
2021 $7,353 $790,880 $355,594 $435,286
2020 $7,339 $791,998 $346,591 $445,407
2019 $6,971 $743,325 $351,093 $392,232
2018 $6,628 $690,061 $292,577 $397,484
2017 $6,379 $650,666 $0 $0
2016 $7,347 $714,164 $0 $0
2015 $8,055 $765,558 $0 $0
2014 $6,898 $736,758 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Dara Hoover

    LoKation Real Estate

    (305) 394-0039

    60 Total Sales

    Dara Hoover
    Section Image

  • D

    Seller Co-Listing Agent in 2015

    Deb Bennett

    LoKation Real Estate

  • T

    Buyer's Agent in 2015

    Terri Spottswood

    Prudential Knight Keyside Bran

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 566878

Florida Keys Board of REALTORS®

APN: 00071220-000000

Florida Monroe County Key West 33040 New Town

3500 Flagler Ave, Key West, FL

This home is located at 3500 Flagler Ave, Key West, FL 33040 since 04 March 2015 and is currently estimated at $1,887,823, approximately $661 per square foot. This property was built in 1953. 3500 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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