NOT LISTED FOR SALE

Estimated Value: $561,000 - $661,000

2 Beds
2 Baths
772 Sq Ft
5 Acres

Last Sold August 07, 2023

Last sale price $675,000 $874 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,503/month

39 Days on Market

About This Home

As of August 2023

Assumable 2.25% loan, to any qualified buyer, that's just $1145/ month. Tastefully renovated end unit condo in the desirable Salt Ponds community. This concrete 2 bedroom, 2 bath unit has no shared walls and features a split floor plan giving you and your guests privacy. Relax on your private balcony with salt ponds and a peek-a-boo ocean view. Impact windows and doors, plantation shutters, and luxury vinyl flooring throughout. Full kitchen renovation including quartz countertops, solid wood cabinetry, and stainless appliances. Both baths feature beautiful porcelain tiled showers. New instant hot water heater and custom closet inserts in both the large walk-in closet and the guest bedroom closet. Enjoy resort-style amenities with some of the lowest association fees in Key West! Large in-ground pool, hot tub, tennis courts, bike room and plenty of parking. Great central Key West location near beaches, restaurants, shopping, airport, and minutes to downtown Key West attractions.

Last Agent to Sell the Property

Sean Farrer

Coldwell Banker Schmitt Real Estate Co. (KW) License #3168212 Listed on: 05/18/2023

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Regan Butler

Truman & Co. (KW) License #3326249

Property Details

Home Type

Condominium

Est. Annual Taxes

$467

Year Built

2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 405.00
  • Mandatory HOA: Yes
  • Document Count: 3
  • Fee Includes: Cable, Other, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Spa, Bike Paths, Handicap Facilities, Manager on Premises, Tennis Courts
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Assume
  • Side: Ocean
  • State Province: FL
  • Taxes: 446.93
  • Vehicle Storage: Open Parking, Off Street Parking, Guest Parking
  • Year Built: 2000
  • Alternate Key Number: 8961327
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Accordion
  • Tax Exemptions: Disability
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 772.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Split Bedroom, Bar, Built-in Cabinets, Walk-in Closet(s), Smoke Alarms, Fire Sprinkler
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Laminate
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Doors, Parking, Accessible Elevator Installed

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Concrete
  • Roof: Other Roof
  • Waterview: Ocean View, Salt Ponds
  • Pool: Yes

Utilities

  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00066180-035302
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Aug 7, 2023
Sold by
Hebert Michael and Hebert Tina
Bought by
Shipman Ryan Joseph and Shipman Michelle Kim
Seller's Agent
Sean Farrer
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Regan Butler
Truman & Co. (KW)
List Price
$749,000
Sold Price
$675,000
Premium/Discount to List
-$74,000
-9.88%
Views
193
Current Estimated Value
$632,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,219
Avg. Annual Appreciation
-3.65%
Original Mortgage
$310,000
Outstanding Balance
$302,957
Interest Rate
6.67%
Mortgage Type
VA
Estimated Equity
$323,664

Purchase Details

Listed on
Oct 15, 2020
Closed on
Dec 21, 2020
Sold by
Marshall Sandra L
Bought by
Hebert Michael and Hebert Tina
Seller's Agent
Michael Sullivan
Punta Gorda - Port Charlotte Realty, LLC
Buyer's Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
List Price
$395,000
Sold Price
$387,500
Premium/Discount to List
-$7,500
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.49%
Original Mortgage
$310,000
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Oct 11, 2000
Bought by
Marshall Patrick T and Marshall Sandra L
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
Shipman Ryan Joseph $675,000 First International Title
Shipman Ryan Joseph $675,000 First International Title
Hebert Michael $387,500 First International Ttl Inc
Marshall Patrick T $145,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shipman Ryan Joseph $310,000
Previous Owner Hebert Michael $310,000
Previous Owner Marshall Patrick T $100,000
Previous Owner Marshall Patrick T $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $675,000 -6.1% $874 / Sq Ft
06/09/2023 06/09/23 Price Changed $719,000 -4.0% $931 / Sq Ft
05/18/2023 05/18/23 For Sale $749,000 +93.3% $970 / Sq Ft
12/21/2020 12/21/20 Sold $387,500 -1.9% $502 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $395,000 -- $512 / 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 $467 $567,985 -- $567,985
2023 $467 $328,359 $0 $0
2022 $447 $318,796 $0 $0
2021 $428 $309,511 $0 $309,511
2020 $1,545 $169,087 $0 $169,087
2019 $1,518 $165,286 $0 $165,286
2018 $1,505 $162,205 $0 $0
2017 $1,493 $158,869 $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: 605343

Key West Association of REALTORS®

APN: 00066180-035302