NOT LISTED FOR SALE

3721 Paula Ave Key West, FL 33040

New Town Neighborhood

Estimated Value: $856,705 - $1,134,000

3 Beds
1 Bath
1,318 Sq Ft
$742/Sq Ft Est. Value

Last Sold May 04, 2016

Last sale price $412,000 $313 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $5,955/month

73 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Outdoor Storage
  • Patio
  • Terrazzo Flooring
  • 4-minute walk to The Park

About This Home

As of May 2016

3 bedroom solid concrete home off the beaten path in a quiet residential neighborhood in Key West. Terrazzo floors. Spacious lot and mature landscaping with room for a pool. Off street parking. Ready to make your own.

Last Agent to Sell the Property

Sean Farrer, P.A.

Coastline R.E. & Property Mgmt. (KW) Listed on: 02/15/2016

Last Buyer's Agent

Sean Farrer

Coldwell Banker Schmitt Real Estate Co. (KW) License #3168212

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,193

Year Built

  • Built in 1963

Lot Details

  • 5,500 Sq Ft Lot
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1,318 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven
  • Range
  • Freezer

Flooring

  • Terrazzo
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage

Additional Features

  • Ground Level
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Pearlman Est Replat Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Other Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,193

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Mile Marker: 4.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Median
  • State Province: FL
  • Taxes: 1193.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1963
  • Alternate Key Number: 1055476
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 5500.00
  • Porch Balcony: Patio
  • Tax Exemptions: Homestead, Widow/Widower
  • Estimated Living Sq Ft: 1318.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Freezer, Washer, Refrigerator, Range, Oven
  • Floor: Other, Vinyl, Terrazzo
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Storage
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2018
Sold by
Margery Wachter
Bought by
Wright Gabriel and Fitzke Kim
Total Days on Market
73
Current Estimated Value
$977,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2018
Sold by
Margery Wachter
Bought by
Wright Gabriel and Fitzke Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2018
Sold by
Bailey Sr Ronald E and Bailey Stephanie A
Bought by
Varela Freddy M and Varela Sheri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2018
Sold by
Bailey Sr Ronald E and Bailey Stephanie A
Bought by
Varela Freddy M and Varela Sheri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2016
Closed on
May 3, 2016
Sold by
Diamandi Dorothy Mae and Marcotte Linda Mae
Bought by
Bailey Ronald E and Bailey Stephanie A
Seller's Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
Buyer's Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
List Price
$425,000
Sold Price
$412,000
Premium/Discount to List
-$13,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%
Original Mortgage
$404,537
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2010
Bought by
Bailey Ronald E

Purchase Details

Closed on
May 30, 2009
Sold by
Diamandi Dorothy Mae and Marcotte Linda Mae
Bought by
Diamandi Dorothy Mae and Diamandi Christiana

Purchase Details

Closed on
Dec 23, 2004
Sold by
Diamandi Romolo and Diamandi Dorothy Mae
Bought by
Diamandi Romolo and Diamandi Dorothy Mae

Purchase Details

Closed on
Oct 7, 1997
Sold by
Dorothy Romolo and Dorothy Diamandi
Bought by
Diamandi Romolo and Diamandi Dorothy M
Source: Public Records

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Range of Values:

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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
Wright Gabriel $555,000 None Listed On Document
Wright Gabriel $555,000 None Listed On Document
Varela Freddy M $565,000 None Listed On Document
Varela Freddy M $565,000 None Listed On Document
Bailey Ronald E $412,000 None Available
Bailey Ronald E $100 --
Diamandi Dorothy Mae -- None Available
Diamandi Romolo -- --
Diamandi Romolo $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varela Freddy M $465,000
Closed Varela Freddy M $465,000
Closed Varela Freddy M $452,000
Closed Varela Freddy M $452,000
Previous Owner Bailey Ronald E $404,537
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2016 05/04/16 Sold $412,000 -3.1% $313 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $425,000 -- $322 / 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 $5,606 $778,142 $505,505 $272,637
2023 $5,606 $726,572 $505,505 $221,067
2022 $4,950 $620,480 $394,405 $226,075
2021 $4,475 $469,499 $269,418 $200,081
2020 $4,406 $463,397 $261,085 $202,312
2019 $4,460 $465,630 $261,085 $204,545
2018 $3,217 $359,060 $0 $0
2017 $3,200 $351,675 $0 $0
2016 $1,177 $154,414 $0 $0
2015 $1,193 $153,341 $0 $0
2014 $1,207 $152,124 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sean Farrer, P.A.

    Coastline R.E. & Property Mgmt. (KW)

  • Sean Farrer

    Buyer's Agent in 2016

    Sean Farrer

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 924-0700

    27 in this area

    150 Total Sales

    Sean Farrer
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122882

Florida Keys Board of REALTORS®

APN: 00054880-000000

Florida Monroe County Key West 33040 New Town

3721 Paula Ave, Key West, FL

This home is located at 3721 Paula Ave, Key West, FL 33040 since 15 February 2016 and is currently estimated at $977,676, approximately $741 per square foot. This property was built in 1963. 3721 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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