$500,000
SOLD OCT 31, 2024
2 Beds
2 Baths
772 Sq Ft
5 Acres

Recently Sold

$648 Per Sq Ft

9% Below List Price

64 Days on Market

About This Home

As of October 2024

This wonderful 2 bedroom, 2 bath condo comes with covered parking- garage #35. This condo is close to the bike trail, beaches, shopping, the Key West Airport .and is centrally located. In addition to the deeded covered parking space, there is also additional storage. The grounds are wonderful to walk, there is tennis, and the pool is getting refurbished presently. New Air Conditioning in 2022, and the refrigerator is 1 month old. The floor plan has each bedroom with their own bathroom, with the living room in between. There is a private outside balcony for relaxing. The Salt Ponds are a wonderful community!

Last Agent to Sell the Property

Elaine Coyle

Keller Williams Key West Compass Realty License #704304 Listed on: 06/12/2024

Keller Williams Key West Compass Realty

Last Buyer's Agent

Zainya Zimmerer

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3537722

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,487

Year Built

2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 700.00
  • Mandatory HOA: Yes
  • Document Count: 2
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 2486.51
  • Vehicle Storage: Garage, Off Street Parking
  • Year Built: 2000
  • Alternate Key Number: 8961052
  • Cooling Heating: Central Air
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 772.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Range, Refrigerator, Dryer
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Concrete
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00066180-035114
  • Land Size: 1/4 - 1/2 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Oct 31, 2024
Sold by
Fortin Mildred Velma
Bought by
Zimmerer Zainya A
Seller's Agent
Elaine Coyle
Keller Williams Key West Compass Realty
Buyer's Agent
Zainya Zimmerer
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Views
44
Current Estimated Value
$520,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,551
Avg. Annual Appreciation
5.75%
Original Mortgage
$400,000
Outstanding Balance
$398,023
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$123,984

Purchase Details

Listed on
Oct 25, 2017
Closed on
Feb 2, 2018
Sold by
Allison Phyllis R and Estate Of Clifford L Brock
Bought by
Fortin Mildred Velma
Seller's Agent
Roger Holtkamp
Key West Island Rentals Inc (KW)
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$289,275
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Oct 11, 2000
Bought by
Brock Cliford L
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 First International Title
Personal Reps Deed $335,000 Attorney
Warranty Deed $146,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $289,275 VA
Previous Owner $136,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $500,000 -4.8% $648 / Sq Ft
10/01/2024 10/01/24 Price Changed $525,000 -3.7% $680 / Sq Ft
09/06/2024 09/06/24 Price Changed $545,000 -0.9% $706 / Sq Ft
08/21/2024 08/21/24 For Sale $550,000 0.0% $712 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $550,000 +64.2% $712 / Sq Ft
02/02/2018 02/02/18 Sold $335,000 -4.3% $429 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $349,900 -- $449 / Sq Ft
Source: Key West Association 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 $2,487 $320,958 -- --
2023 $2,487 $311,610 $0 $0
2022 $2,375 $302,534 $0 $0
2021 $2,407 $293,723 $0 $293,723
2020 $2,365 $289,668 $0 $289,668
2019 $2,320 $283,156 $0 $283,156
2018 $2,962 $283,156 $0 $0
2017 $2,825 $263,196 $0 $0
2016 $1,520 $155,602 $0 $0
2015 $1,552 $154,520 $0 $0
2014 $1,582 $153,294 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 610409

Key West Association of REALTORS®

APN: 00066180-035114