NOT LISTED FOR SALE

Estimated Value: $362,000 - $576,000

2 Beds
2 Baths
772 Sq Ft
$380/mo HOA Fee

Last Sold May 11, 2018

Last sale price $330,000 $427 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,409/month

90 Days on Market

Highlights

  • Beach
  • Balcony
  • Walk-In Closet
  • Concrete Pool
  • Shutters
  • Resident Manager or Management On Site

About This Home

As of May 2018

Ideal location in Key West near beaches, shopping, and dining. The Salt Ponds Condominium features a beautiful community pool, spa, and well maintained grounds with on-site manager. This unit offers a split bedroom floor plan and the master has a large walk-in closet plus bath en suite. The open living & kitchen areas overlook the pool. This condo has a private balcony with pool views and a storage unit on main level. Low monthly fee. Pet friendly.

Last Listed By

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 12/13/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 2000

Lot Details

  • 5

HOA Fees

  • $380 Monthly HOA Fees

Interior Spaces

  • 772 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Open Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00066180-035113

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, cable, building insurance
  • Salt Pond Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Community Spa

Pet Policy

  • Pet Restriction: YES

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,538

Year Built

Built in 2000

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 380.00
  • Mandatory HOA: Yes
  • Document Count: 2
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Cable, Building Insurance
  • 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
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Spa, Manager on Premises, Community Pool
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2537.95
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, Open Parking
  • Year Built: 2000
  • Alternate Key Number: 8961041
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 772.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Split Bedroom, Walk-in Closet(s)
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator, Oven, Microwave
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Storage
  • Waterview: No Waterview
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00066180-035113
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2017
Closed on
May 18, 2018
Sold by
Brann Mark D
Bought by
Brann Michael J and Eni Victor
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Total Days on Market
90
Current Estimated Value
$503,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,737
Avg. Annual Appreciation
6.18%
Original Mortgage
$264,000
Outstanding Balance
$230,207
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$273,530

Purchase Details

Listed on
Dec 13, 2017
Closed on
May 11, 2018
Sold by
Brann Mark D
Bought by
Brann Michael J and Eni Victor
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$230,207
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$273,530

Purchase Details

Closed on
Nov 25, 2003
Sold by
Pinder Joseph Earl
Bought by
Brann Mark D and Hetu Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2001
Bought by
Brann Mark D

Purchase Details

Closed on
Mar 24, 2000
Bought by
Brann Mark D

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
Brann Michael J $330,000 None Listed On Document
Brann Michael J $330,000 None Listed On Document
Brann Mark D $320,000 Keys Title & Abstract Co
Brann Mark D $165,900 --
Brann Mark D $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brann Michael J $264,000
Closed Brann Michael J $264,000
Previous Owner Brann Mark D $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $330,000 -5.4% $427 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $349,000 -- $452 / 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 $2,522 $364,436 -- --
2023 $2,522 $287,139 $0 $0
2022 $2,409 $278,776 $0 $0
2021 $2,442 $270,657 $0 $270,657
2020 $2,400 $266,921 $0 $266,921
2019 $2,730 $262,234 $0 $262,234
2018 $2,773 $262,234 $0 $0
2017 $2,741 $276,356 $0 $0
2016 $2,538 $219,274 $0 $0
2015 $2,520 $210,920 $0 $0
2014 $2,440 $191,214 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 577871

Florida Keys Board of REALTORS®

APN: 00066180-035113