NOT LISTED FOR SALE

Estimated Value: $533,636 - $587,000

2 Beds
2 Baths
772 Sq Ft
5 Acres

Last Sold November 18, 2016

Last sale price $320,000 $415 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,510/month

121 Days on Market

Highlights

  • Concrete Pool
  • Balcony
  • Laundry Room
  • No HOA
  • Walk-In Closet
  • Tile Flooring

About This Home

As of November 2016

The Salt Ponds Condominiums are surrounded by beautiful landscaping within biking distance to the beach, restaurants and all Key West has to offer. This 1st floor unit is very spacious with a 2 bed/2 bath split floor plan tucked away in the rear of the property with a view of the mangroves and wooded area. This unit offers a large storage unit and accordion hurricane shutters.

Last Listed By

Douglas Mayberry

Doug Mayberry Real Estate (KW) Listed on: 05/26/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,520

Year Built

  • Built in 2000

Lot Details

  • 5

Interior Spaces

  • 772 Sq Ft Home
  • 4-Story Property
  • Blinds
  • Sliding Doors

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Concrete Pool
  • Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Association fees include building insurance, common area mnt, cable
  • Salt Pond Subdivision

Recreation

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,520

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 380.00
  • Mandatory HOA: No
  • Fee Includes: Building Insurance, Other, Common Area Mnt, Cable
  • 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
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Tennis Courts
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 2520.00
  • Year Built: 2000
  • Alternate Key Number: 8961074
  • Cooling Heating: Central Air, Heat
  • Pool Info: Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 772.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Built-in Cabinets, Walk-in Closet(s), Drapes/Blinds Incl, Elevator
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer, Disposal
  • Floor: Carpet, Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Other
  • Exterior Features: Storage, Tennis Court(s)
  • Roof: Other Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Cable Available, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Gerbracht Adele and Gerbracht James
Bought by
Gerbracht Adele and Gerbracht Adele
Total Days on Market
121
Current Estimated Value
$564,409

Purchase Details

Listed on
May 26, 2016
Closed on
Nov 18, 2016
Sold by
Wood Frank E
Bought by
Gerbracht James J and Gerbracht Adele W
Seller's Agent
Douglas Mayberry
Doug Mayberry Real Estate (KW)
Buyer's Agent
Peter Petro
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$335,000
Sold Price
$320,000
Premium/Discount to List
-$15,000
-4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$207,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2002
Sold by
Emmanuel Gemellas
Bought by
Wood Frank E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,650
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2000
Sold by
Spc Developers Llc
Bought by
Gemellas Emmanuel and Legrys Sophie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,400
Interest Rate
8.11%
Mortgage Type
New Conventional

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
Gerbracht Adele -- None Listed On Document
Gerbracht James J $320,000 Attorney
Wood Frank E $193,700 --
Gemellas Emmanuel $146,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerbracht James J $207,000
Previous Owner Wood Frank E $230,000
Previous Owner Gemellas Emmanuel $203,250
Previous Owner Wood Frank E $203,250
Previous Owner Gemellas Emmanuel $193,650
Previous Owner Wood Frank E $193,650
Previous Owner Gemellas Emmanuel $143,500
Previous Owner Gemellas Emmanuel $139,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $320,000 -4.5% $415 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $335,000 -- $434 / 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 $4,195 $455,783 -- $455,783
2023 $4,195 $445,868 $0 $445,868
2022 $3,007 $351,231 $0 $351,231
2021 $2,990 $292,646 $0 $292,646
2020 $2,877 $281,166 $0 $281,166
2019 $2,827 $273,294 $0 $273,294
2018 $2,873 $273,294 $0 $0
2017 $2,825 $263,196 $0 $0
2016 $2,439 $209,057 $0 $0
2015 $2,520 $210,920 $0 $0
2014 $2,406 $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: 123351

Florida Keys Board of REALTORS®

APN: 00066180-035116