NOT LISTED FOR SALE

3501 Flagler Ave Key West, FL 33040

New Town Neighborhood

Estimated Value: $933,525 - $2,146,000

6 Beds
4 Baths
2,670 Sq Ft
$503/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $552,500 $207 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $7,718/month

211 Days on Market

About This Home

As of December 2016

This property is great for the investor. Large 10,000 sq ft corner lot with two buildings. Building #1 touches Building #2 but they are two separate buildings. Renovate or develop a new single family home (or two). Building 1 was built in 1958 and is a 3 bedroom, 2 bath house with an enclosed front porch and a large enclosed/attached utility workshop. Building 2 was built in 1976 and is also a 3 bedroom and 2 bath house with a separate workshop in the back yard.

Last Agent to Sell the Property

Megan Behmke

Compass Realty (KW) Listed on: 11/19/2015

Last Buyer's Agent

Maria Sanchez

Keys Real Estate Sales Corp (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,096

Year Built

  • Built in 1958

Lot Details

  • 10,000 Sq Ft Lot
  • Fenced

Home Design

  • 2,670 Sq Ft Home
  • Duplex
  • Frame Construction
  • Shingle Roof
  • Metal Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Location

  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 00052550-000000

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,096

Year Built

Built in 1958

Lot Details

10,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • 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
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 6096.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1958
  • Alternate Key Number: 1053198
  • Building Style: Ground Level
  • Lot Sq Ft: 10000.00
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 2670.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Refrigerator
  • Total Bedrooms: 6

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS, Frame, Combo Construction
  • Exterior Features: Fencing
  • Roof: Metal Roof, Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00052550-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.23

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
Nov 16, 2016
Sold by
Dyko Margrit C
Bought by
Ngov Michael K and Ngov Sophak
Seller's Agent
Megan Behmke
Compass Realty (KW)
Buyer's Agent
Maria Sanchez
Keys Real Estate Sales Corp (KW)
List Price
$649,000
Sold Price
$552,500
Premium/Discount to List
-$96,500
-14.87%
Current Estimated Value
$1,342,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$790,131
Avg. Annual Appreciation
10.03%

Purchase Details

Closed on
Nov 14, 2015
Sold by
Veloso Domingo J
Bought by
Dyko Margrit C and Estate Of Christopher Dyko

Purchase Details

Closed on
Nov 21, 1997
Sold by
Veloso Domingo J and Veloso Catalin
Bought by
Veloso Domingo J

Purchase Details

Closed on
Feb 1, 1973
Bought by
Dyko Christopher Estate
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

Date Buyer Sale Price Title Company
Ngov Michael K $552,500 Attorney
Dyko Margrit C $500,000 Attorney
Veloso Domingo J -- --
Dyko Christopher Estate $28,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2016 12/05/16 Sold $552,500 -14.9% $207 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $649,000 -- $243 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $7,864 $871,009 $488,400 $382,609
2024 $7,484 $915,714 $538,720 $376,994
2023 $7,484 $893,495 $538,720 $354,775
2022 $6,683 $777,181 $420,320 $356,861
2021 $6,102 $599,165 $287,120 $312,045
2020 $6,022 $592,926 $278,240 $314,686
2019 $5,776 $560,353 $278,240 $282,113
2018 $5,624 $541,040 $254,560 $286,480
2017 $5,227 $480,360 $0 $0
2016 $5,719 $504,694 $0 $0
2015 $6,330 $550,384 $0 $0
2014 $6,096 $506,078 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Megan Behmke

    Compass Realty (KW)

  • M

    Buyer's Agent in 2016

    Maria Sanchez

    Keys Real Estate Sales Corp (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122436

Florida Keys Board of REALTORS®

APN: 00052550-000000

Florida Monroe County Key West 33040 New Town

3501 Flagler Ave, Key West, FL

Not Listed for Sale

MultiFamily

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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