NOT LISTED FOR SALE

Estimated Value: $1,517,000 - $1,928,000

3 Beds
2 Baths
1,972 Sq Ft
$861/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $1,330,000 $674 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,026/month

64 Days on Market

Highlights

  • Concrete Pool
  • No HOA
  • Laundry Room
  • Home fronts a canal
  • Patio
  • Central Air

About This Home

As of December 2021

Opportunity knocks...enjoy life in Key West on the water. Park your boat in your backyard and forget about commuting because this property is located on the island of Key West with excellent boating access to the Atlantic ocean and the Gulf of Mexico. The extra large lot has over 9,000 sq. ft. with an existing seawall and views out onto a beautiful wide section of the Riviera canal. Bring your imagination and make it your own by either renovating the existing 3/2 home or start fresh and build your own dream home. This property is worth the investment. There is a beautiful pool and many tropical palms. The excellent Key West location with boating access make this property a rare find and a golden opportunity. Easy to see.

Last Agent to Sell the Property

Jenny Perry

Preferred Properties (KW) Listed on: 09/08/2021

Co-Listed By

Laura McChesney

Preferred Properties (KW) License #494597

Last Buyer's Agent

Justyn Ewald

Expert Realty LLC (HQ) License #3363807

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,886

Year Built

  • Built in 1958

Lot Details

  • 9,450 Sq Ft Lot
  • Home fronts a canal

Home Design

  • Shingle Roof

Interior Spaces

  • 1,972 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Canal Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Seawall
  • Patio

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Vista Del Mar Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00071800-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,886

Year Built

Built in 1958

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
  • Control Depth: 4
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 8885.93
  • Vehicle Storage: Carport, Off Street Parking, Covered Parking
  • Year Built: 1958
  • Alternate Key Number: 1075612
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 9450.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1972.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Dryer
  • Specialty Rooms: Laundry Room, Other
  • Windows/Doors: Other Windows/Doors, Single Hung Windows
  • Total Bedrooms: 3
  • Sq Ft Remarks: Buyer to verify

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Roof: Combo Roof, Shingle Roof, Other Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00071800-000000
  • Lot Size: 70W x 135D
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.22

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Dec 2, 2021
Sold by
Varani William B and Varani Vidya M
Bought by
Wall Wendall
Seller's Agent
Jenny Perry
Preferred Properties (KW)
Buyer's Agent
Justyn Ewald
Expert Realty LLC (HQ)
List Price
$1,450,000
Sold Price
$1,330,000
Premium/Discount to List
-$120,000
-8.28%
Current Estimated Value
$1,698,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,442
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Apr 10, 2019
Sold by
Varani William B and Varani Vidya M
Bought by
Varani Family Trust

Purchase Details

Closed on
Feb 26, 2019
Sold by
Varani William B and Varani Vidya M
Bought by
Varani Family Trust and Varani Vidya M

Purchase Details

Closed on
Apr 11, 1997
Sold by
Cole Frederic E
Bought by
Varani William B and Varani Vidya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 1996
Sold by
Daniel Clayton E Mc and Cole Frederic E
Bought by
Mcdaniel Clayton E and Cole Frederic E

Purchase Details

Closed on
Apr 1, 1982
Bought by
Varani William B and Varani Vidya M
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Wall Wendall $1,330,000 Attorney
Varani Family Trust $100 None Listed On Document
Varani Family Trust $100 None Listed On Document
Varani William B $375,000 --
Mcdaniel Clayton E $100 --
Varani William B $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdaniel Clayton E $540,318
Previous Owner Mcdaniel Clayton E $74,000
Previous Owner Mcdaniel Clayton E $500,000
Previous Owner Mcdaniel Clayton E $214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $1,330,000 -8.3% $674 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $1,450,000 -- $735 / 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 $12,261 $1,496,117 $1,152,976 $343,141
2023 $12,261 $1,659,919 $1,336,230 $323,689
2022 $10,037 $1,162,072 $839,916 $322,156
2021 $9,302 $1,102,520 $807,465 $295,055
2020 $8,886 $1,124,068 $824,645 $299,423
2019 $8,355 $1,075,688 $811,760 $263,928
2018 $7,976 $1,039,185 $773,105 $266,080
2017 $7,469 $966,914 $0 $0
2016 $7,021 $831,925 $0 $0
2015 $6,471 $724,135 $0 $0
2014 $6,434 $739,809 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 597660

Florida Keys Board of REALTORS®

APN: 00071800-000000