NOT LISTED FOR SALE

Estimated Value: $536,000 - $667,000

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

Last Sold September 21, 2018

Last sale price $400,000 $518 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,905/month

160 Days on Market

Highlights

  • Concrete Pool
  • Stainless Steel Appliances
  • Walk-In Closet
  • Granite Countertops
  • Shutters
  • Storage

About This Home

As of September 2018

Style & in pristine condition! With a preferred location on the top floor at Salt Ponds Condominiums, you will immediately recognize the finer touches of this complete renovation with a gorgeous kitchen & handsome bathrooms. Through great effort the textured ceilings have been refinished for a smooth finished look. All appliances are included, with a complete furnishings package negotiable. Featuring a modern floor plan, there is an open main living area, each bedroom offers an en suite bathroom and a walk in closet in the master suite. The home is well suited as a vacation rental, with monthly rental rates over $5000. A heated pool, hot tub, tennis, assigned storage & on site management are the featured amenities at the Salt Ponds. Condo fees are among the lowest in Key West...

Last Agent to Sell the Property

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 03/11/2018

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Thomas Mack

SBX Real Estate, LLC (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,730

Year Built

  • Built in 2000

Lot Details

  • 5

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Entry on the 4th floor
  • Frame Construction
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 772 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Open Parking
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Accessible Ramps
  • Accessible Parking

Pool

Outdoor Features

  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00066180

Community Details

Overview

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

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Recreation

  • Tennis Courts
  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,730

Year Built

Built in 2000

Lot Details

5 Acres

HOA Fees

$380 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • Additional Assessor Parcel Number 1: 00066180
  • Additional Assessor Parcel Number 2: 075409
  • First Right of Refusal: No
  • Association Fee: 380.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • 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
  • Pets W Restrictions: Up to 50 lbs.
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2730.00
  • Vehicle Storage: Off Street Parking, Open Parking
  • Vehicle Storage Cars: 2
  • Year Built: 2000
  • Alternate Key Number: 8962724
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 772.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Fire Sprinkler, Smoke Alarms, Window Treatments, Walk-in Closet(s), Storage, Granite Counter Top
  • Floor Number: 4.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Microwave, Dryer, Disposal
  • Floor: Carpet, Tile
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors
  • Total Bedrooms: 2
  • Accessibility Features: Accessible Elevator Installed, Wheelchair Ramp, Parking

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Concrete, Stucco, Frame
  • Exterior Features: Outdoor Shower, Storage, Tennis Court(s)
  • Roof: Combo Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2018
Closed on
Sep 21, 2018
Sold by
Michaelsen Michael P and Michaelsen Naida D
Bought by
Filian Harold and Filian Kimberly
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%
Current Estimated Value
$587,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,632
Avg. Annual Appreciation
5.24%
Original Mortgage
$300,000
Outstanding Balance
$259,995
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$327,637

Purchase Details

Closed on
Oct 8, 2012
Sold by
Wells Fargo Bank Na
Bought by
Michaelsen Michael P and Michaelsen Naida D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2012
Sold by
Schoneck Dan H
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 24, 2012
Sold by
Schoneck Dan H
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 17, 2005
Sold by
Krueger Alan J
Bought by
Schoneck Dan H and Schoneck Joanna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 17, 2001
Bought by
Michaelsen Michael P and Michaelsen Naida D

Purchase Details

Closed on
Aug 14, 2000
Sold by
Spc Developers Llc
Bought by
Terpening Thomas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,300
Interest Rate
8.23%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Filian Harold $400,000 None Listed On Document
Filian Harold $400,000 Attorney
Filian Harold $400,000 None Listed On Document
Michaelsen Michael P $210,100 Title365 Inc
Wells Fargo Bank Na -- None Available
Wells Fargo Bank Na -- None Available
Schoneck Dan H $545,000 --
Michaelsen Michael P $15,000 --
Terpening Thomas L $154,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Filian Harold $300,000
Closed Filian Harold $300,000
Previous Owner Michaelsen Michael P $168,000
Previous Owner Schoneck Dan H $436,000
Previous Owner Terpening Thomas L $160,000
Previous Owner Terpening Thomas L $155,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2018 09/21/18 Sold $400,000 -2.4% $518 / Sq Ft
08/18/2018 08/18/18 Pending -- -- --
03/11/2018 03/11/18 For Sale $410,000 +95.1% $531 / Sq Ft
12/24/2012 12/24/12 Sold $210,100 +0.1% $272 / Sq Ft View Prior Sale
12/24/2012 12/24/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $209,900 -- $272 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $4,622 $514,662 -- $514,662
2024 $4,371 $541,155 -- $541,155
2023 $4,371 $519,675 $0 $519,675
2022 $3,803 $420,306 $0 $420,306
2021 $3,605 $362,822 $0 $362,822
2020 $3,451 $346,833 $0 $346,833
2019 $3,316 $328,723 $0 $328,723
2018 $3,013 $303,857 $0 $0
2017 $2,845 $284,231 $0 $0
2016 $2,705 $245,491 $0 $0
2015 $2,573 $225,920 $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: 579183

Florida Keys Board of REALTORS®

APN: 00066180-075409

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