NOT LISTED FOR SALE

37 Bay Dr Key West, FL 33040

Estimated Value: $1,018,546 - $1,240,000

2 Beds
2 Baths
1,200 Sq Ft
$959/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $889,000 $741 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,673/month

58 Days on Market

Highlights

  • Dock made with concrete
  • RV Parking in Community
  • Deck
  • RV or Boat Parking
  • Home fronts a canal
  • 1-minute walk to Marathon Rotary Park

About This Home

As of August 2021

Solid concrete block & stucco stilt home built in 1986. Metal roof. Large canal front property located in Bay Point Sub on Saddlebunch Key at MM #15 only 3 lots from open water. Home can easily be converted into a 3Br/2Bth . Enjoy all water sports, kayaking, paddle-boarding, snorkeling, diving & fishing both in the Atlantic Ocean and the Gulf of Mexico. Sit on the rear deck and feel the cool Southeasterly breezes while relaxing, reading or barbequing, or watch the stars in the beautiful night skies. It is a great location. Property is very private, all fenced, and gated. It is a short interesting drive to either Key West or Big Pine Key. Bay Point is a great, friendly community and has a County Park with tennis, volley, Bocce, and basket ball courts plus a fenced kiddie park.

Last Agent to Sell the Property

Margarita Villoch

Island Group Realty Listed on: 05/10/2021

Last Buyer's Agent

Solaris Gregory

Expert Realty LLC (HQ) License #3445338

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,337

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Home Design

  • Metal Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Monitored
  • Impact Glass

Parking

  • Carport
  • Open Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Seawall
  • Dock made with concrete
  • Balcony
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00160840-000000

Community Details

Overview

  • No Home Owners Association
  • Bay Point Amd & 1St Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,337

Year Built

Built in 1986 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Saddlebunch
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 15.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5336.58
  • Title: Negotiable
  • Vehicle Storage: Carport, RV Parking Open, Trailer Storage, Off Street Parking, Open Parking, Covered Parking
  • Year Built: 1986
  • Alternate Key Number: 1206415
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 11920.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1200.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Washer, Refrigerator, Range, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Other
  • Windows/Doors: Impact Rstnce Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: Cable Available, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00160840-000000
  • Lot Size: 80x152x80x146
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.27

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
Pari Gordon A and Pari Linda S
Bought by
Pari Trust and Pari
Current Estimated Value
$1,150,887

Purchase Details

Listed on
May 10, 2021
Closed on
Aug 12, 2021
Sold by
Westwood Martin and Westwood Gail G
Bought by
Pari Gordon and Pari Linda
Seller's Agent
Margarita Villoch
Island Group Realty
Buyer's Agent
Solaris Gregory
Expert Realty LLC (HQ)
List Price
$929,900
Sold Price
$889,000
Premium/Discount to List
-$40,900
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$355,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2012
Sold by
Ray Mary Ham
Bought by
Westwood Martin and Westwood Gail G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1986
Bought by
Westwood Martin and Westwood Gail G

Purchase Details

Closed on
Aug 1, 1979
Bought by
Westwood Martin and Westwood Gail G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pari Trust -- None Listed On Document
Pari Gordon $889,000 None Available
Westwood Martin $332,500 True Title Agency Inc
Westwood Martin $110,000 --
Westwood Martin $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pari Gordon $355,600
Previous Owner Westwood Martin $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $889,000 -1.1% $741 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $899,000 -3.3% $749 / Sq Ft
05/10/2021 05/10/21 For Sale $929,900 -- $775 / 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
2025 $7,857 $1,155,782 $795,660 $360,122
2024 $8,186 $867,209 $525,136 $342,073
2023 $8,186 $988,672 $710,790 $277,882
2022 $7,112 $761,483 $477,396 $284,087
2021 $5,636 $570,708 $318,264 $252,444
2020 $5,337 $552,520 $318,264 $234,256
2019 $4,730 $445,296 $233,394 $211,902
2018 $4,814 $441,912 $227,970 $213,942
2017 $4,749 $450,134 $0 $0
2016 $4,573 $433,711 $0 $0
2015 $4,388 $402,906 $0 $0
2014 $4,416 $426,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596031

Florida Keys Board of REALTORS®

APN: 00160840-000000