$525,000
SOLD AUG 22, 2025
2 Beds
2 Baths
772 Sq Ft
5 Acres

Recently Sold

$680 Per Sq Ft

4% Below List Price

22 Days on Market

About This Home

As of August 2025

New Listing! Salt Ponds Condo is offered furnished and is move-in ready! Sun drenched 2BR/2BA condo with balcony and tree top views. Ideal split bedroom floor plan with attached baths was recently professionally redecorated. Primary bedroom offers en suite bath (upgraded with glass shower and ceramic tile) and a spacious walk-in closet. Central AC(2021). Hurricane Shutters. Plantation Shutter Blinds. Storage. Ceramic Tile. Community offers easy parking, elevators, pool, tennis courts and is located near shopping, dining, Smather's Beach and the airport. VA Approved Condominium.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 06/16/2025

Last Buyer's Agent

Kelli Johannesen

American Caribbean Real Estate, Christie's International Real Estate License #3587195

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,736

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: 710.00
  • Mandatory HOA: Yes
  • Document Count: 3
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • 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, Bike Paths, Spa, Tennis Courts
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3935.23
  • Title: Negotiable
  • Vehicle Storage: Open Parking, Off Street Parking
  • Year Built: 2000
  • Alternate Key Number: 8961360
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Accordion, Bahama
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 772.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Oven, Range, Refrigerator, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Salt Ponds
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Exterior Features: Storage
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00066180-035305
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished, Negotiable

Tax Info

  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2025
Closed on
Aug 22, 2025
Sold by
Krauss William John and Krauss Elizabeth K
Bought by
Connell Kimberly
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Kelli Johannesen
American Caribbean Real Estate, Christie's International Real Estate
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.18%
Original Mortgage
$388,000
Outstanding Balance
$388,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$151,994

Purchase Details

Listed on
Feb 22, 2013
Closed on
Apr 4, 2013
Sold by
Webster Mary L
Bought by
Krauss William John and Krauss Elizabeth K
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$249,000
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$174,300
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2000
Sold by
Spc Developers Llc
Bought by
Webster Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.34%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $525,000 None Listed On Document
Warranty Deed $249,000 None Available
Deed $145,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $388,000 New Conventional
Previous Owner $174,300 New Conventional
Previous Owner $100,839 New Conventional
Previous Owner $102,000 New Conventional
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $525,000 -4.4% $680 / Sq Ft
07/08/2025 07/08/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $549,000 +120.5% $711 / Sq Ft
04/08/2013 04/08/13 Sold $249,000 0.0% $323 / Sq Ft
02/25/2013 02/25/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $249,000 -- $323 / 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 $3,736 $454,271 -- $454,271
2023 $3,736 $440,291 $0 $440,291
2022 $3,252 $354,570 $0 $354,570
2021 $3,068 $301,504 $0 $301,504
2020 $2,917 $285,671 $0 $285,671
2019 $2,813 $271,609 $0 $271,609
2018 $2,842 $271,609 $0 $0
2017 $2,778 $282,021 $0 $0
2016 $2,566 $222,143 $0 $0
2015 $2,632 $242,562 $0 $0
2014 $2,406 $191,214 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 615460

Key West Association of REALTORS®

APN: 00066180-035305