$849,000
SOLD JUL 26, 2021 RENTED JUN 25, 2024

3708 Paula Ave Key West, FL 33040

New Town Neighborhood
3 Beds
2 Baths
1,538 Sq Ft
5,802 Sq Ft Lot

Recently Sold

$552 Per Sq Ft

2% Below List Price

Highlights

  • Fruit Trees
  • No HOA
  • Stainless Steel Appliances
  • Deck
  • Workshop
  • 4-minute walk to The Park

About This Home

As of July 2021

This pristine property consists of 3 bedrooms, two baths located in New Town. High end finishes and attention to detail is evident throughout the home. The master en suite features a large glass shower. The gourmet kitchen is equipped with superior fixtures & appliances and gorgeous Granite counters. The yard is as well done as the home and offers a serene setting for relaxing and entertaining. A utility/workshop is in the backyard. It's move in ready. Great location and easy to see!

Last Agent to Sell the Property

Brenda Donnelly

Brenda Donnelly Real Estate LLC License #3037635 Listed on: 06/29/2021

Last Buyer's Agent

Brenda Donnelly

Brenda Donnelly Real Estate LLC License #3037635 Listed on: 06/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,735

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 5,802 Sq Ft Lot
  • Fenced
  • Fruit Trees

Home Design

  • Metal Roof

Interior Spaces

  • 1,538 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Workshop
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Tiki or Chickee Hut

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Pearlman Est Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00054520-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,735

Year Built

Built in 1961 | 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
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 2734.90
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking
  • Year Built: 1961
  • Alternate Key Number: 1055123
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 5802.00
  • Porch Balcony: Deck, Patio
  • License Info: Non Trans Rntl Lic
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1538.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Smoke Alarms, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Microwave, Refrigerator, Oven, Dryer
  • Floor: Tile, Vinyl
  • Specialty Rooms: Workshop
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Chickee Hut, Storage, Shed, Fencing, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00054520-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

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%
Total Days on Market
0
Current Estimated Value
$1,077,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,194
Avg. Annual Appreciation
6.36%
Original Mortgage
$660,000
Outstanding Balance
$606,825
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$470,369

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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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 Type Sale Price Title Company
Warranty Deed $849,000 None Available
Warranty Deed $389,000 None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $71,500 --
Deed $21,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,000 New Conventional
Previous Owner $265,000 New Conventional
Previous Owner $165,000 New Conventional
Previous Owner $84,000 New Conventional
Previous Owner $75,000 Unknown
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: 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
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

    Seller's Agent in 2024

    Jessica Prescott

    Coastal Collection Real Estate Inc.

    (831) 869-8499

    1 in this area

    24 Total Sales

    Jessica Prescott
    Section Image
  • Brenda Donnelly

    Seller's Agent in 2021

    Brenda Donnelly

    Brenda Donnelly Real Estate LLC

    (305) 304-1116

    23 in this area

    174 Total Sales

    Brenda Donnelly
    Section Image
  • Sylvia Werling

    Seller's Agent in 2013

    Sylvia Werling

    Century 21 Circle - Key West

    (305) 797-5652

    5 in this area

    27 Total Sales

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596701

Florida Keys Board 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 and is currently priced at $849,000, approximately $552 per square foot. 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.

Florida Keys Board 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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