NOT LISTED FOR SALE

3708 Paula Ave Key West, FL 33040

New Town Neighborhood

Estimated Value: $979,000 - $1,193,000

3 Beds
2 Baths
1,538 Sq Ft
$687/Sq Ft Est. Value

Last Sold July 26, 2021

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

Est. 24% increase in value since last sale

Current estimated payment $6,149/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

Est. Annual Taxes

$6,570

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
Brenda Donnelly Real Estate LLC
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
$1,056,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,396
Avg. Annual Appreciation
5.38%
Original Mortgage
$660,000
Outstanding Balance
$600,414
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$455,982

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

Range of Values:

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Average Value
Not Available
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
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 Change Sq Ft Price
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
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
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
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
  • Brenda Donnelly

    Seller's Agent in 2021

    Brenda Donnelly

    Brenda Donnelly Real Estate LLC

    (305) 304-1116

    21 in this area

    172 Total Sales

    Brenda Donnelly
    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

This home is located at 3708 Paula Ave, Key West, FL 33040 since 24 April 2024 and is currently priced at $1,056,396. This property was built in 1961. 3708 Paula Ave is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and Sigsbee Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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