NOT LISTED FOR SALE

3708 Paula Ave Key West, FL 33040

New Town Neighborhood

Estimated Value: $911,000 - $1,218,000

3 Beds
2 Baths
1,538 Sq Ft
$657/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $849,000 $552 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,792/month

About This Home

As of June 2024

Three bedroom two bath home in Newtown Key West. New fully fenced yard with tiki hut and 2 separate storage units. New flooring in the master bedroom, new A/C unit, updated kitchen, spacious bedrooms and off street parking for two vehicles. This home also features a large den and sliding glass doors that lead out to a covered deck. Pets are considered however cannot conflict with the homeowners insurance policies.

Last Agent to Rent the Property

Jessica Prescott

Coastal Collection Real Estate Inc. License #3344164 Listed on: 04/24/2024

Last Renter's Agent

Jessica Prescott

Century 21 Schwartz Realty (KW)

Property Details

Property Type

Other

Year Built

1961

Lot Details

0

Rental Info

  • Furnishings: Unfurnished
  • Rent Includes: Trash
  • Lease Type: Annual
  • Monthly Rent: 5500.00
  • Security Deposit: 6300.00

Listing Details

  • Property Type: Rental
  • Property Type 2: Single Family
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 20010809200717574625000000
  • State Province: FL
  • Vehicle Storage: Carport, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1961
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Accordian, Panel
  • Building Style Above Flood: Unknown
  • Lease Restrictions Pets W Restrictions: case by case basis
  • Estimated Living Sq Ft: 1538.00
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Interior Amenities: Granite Counter Top, Split Bedroom, Drapes/Blinds Incl, Walk-in Closet(s), Storage, Smoke Alarms, Security System
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Refrigerator, Dishwasher, Dryer, Washer, Freezer, Disposal, Microwave, Oven, Range
  • Specialty Rooms: Other
  • Windows/Doors: Sliding Glass Doors, Blinds, Impact Rstnce Window, Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Exterior Features: Chickee Hut, Storage, Shed, Privacy Wall/Fence, Fencing
  • View: None
  • Pool: No

Utilities

  • Security: Other
  • Utilities: Cable Available, FKAA
  • Heating: Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Jul 26, 2021
Sold by
Sermak David and Sermak Yvonne G
Bought by
Reagan Michael William and Reagan Nicol
Seller's Agent
Brenda Donnelly
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$869,000
Sold Price
$849,000
Premium/Discount to List
-$20,000
-2.3%
Current Estimated Value
$1,011,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,088
Avg. Annual Appreciation
3.98%
Original Mortgage
$660,000
Outstanding Balance
$596,529
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$414,559

Purchase Details

Listed on
Oct 20, 2012
Closed on
May 3, 2013
Sold by
Gaston Francis E
Bought by
Sermak David and Sermak Yvonne G
Seller's Agent
Sylvia Werling
Century 21 Circle - Key West
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$424,000
Sold Price
$389,000
Premium/Discount to List
-$35,000
-8.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Original Mortgage
$165,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2011
Sold by
Gaston Judith W and Gaston Francis E
Bought by
Gaston Francis E

Purchase Details

Closed on
Jan 1, 1987
Bought by
Sermak David and Sermak Yvonne G

Purchase Details

Closed on
Oct 1, 1978
Bought by
Sermak David and Sermak Yvonne G
Source: Public Records
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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
Reagan Michael William $849,000 None Available
Sermak David $389,000 None Available
Gaston Francis E -- Attorney
Sermak David $71,500 --
Sermak David $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reagan Michael William $660,000
Previous Owner Sermak David $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2024 06/25/24 Rented $5,500 0.0% --
05/26/2024 05/26/24 Under Contract -- -- --
04/29/2024 04/29/24 Price Changed $5,500 -12.7% $4 / Sq Ft
04/24/2024 04/24/24 For Rent $6,300 0.0% --
07/26/2021 07/26/21 Sold $849,000 -2.3% $552 / Sq Ft View Prior Sale
06/29/2021 06/29/21 For Sale $869,000 +123.4% $565 / Sq Ft
05/03/2013 05/03/13 Sold $389,000 -8.3% $253 / Sq Ft View Prior Sale
05/02/2013 05/02/13 Pending -- -- --
10/20/2012 10/20/12 For Sale $424,000 -- $276 / 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
2025 $6,680 $834,070 $478,665 $355,405
2024 $6,570 $794,391 -- --
2023 $6,570 $771,254 $0 $0
2022 $6,288 $748,791 $411,942 $336,849
2021 $2,783 $309,539 $0 $0
2020 $2,735 $305,266 $0 $0
2019 $2,692 $298,403 $0 $0
2018 $2,682 $292,840 $0 $0
2017 $2,666 $286,817 $0 $0
2016 $2,738 $280,918 $0 $0
2015 $2,793 $278,965 $0 $0
2014 $2,866 $276,751 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Prescott

    Landlord's Agent in 2024

    Jessica Prescott

    Coastal Collection Real Estate Inc.

    (831) 869-8499

    1 in this area

    18 Total Sales

    Jessica Prescott
    Section Image

  • B

    Seller's Agent in 2021

    Brenda Donnelly

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image

  • S

    Seller's Agent in 2013

    Sylvia Werling

    Century 21 Circle - Key West

    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 609744

Key West Association of REALTORS®

APN: 00054520-000000

Florida Monroe County Key West 33040 New Town

3708 Paula Ave, Key West, FL

Not Listed for Sale

Other

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