NOT LISTED FOR SALE

39 Palm Dr Key West, FL 33040

Estimated Value: $956,000 - $1,522,000

4 Beds
3 Baths
2,250 Sq Ft
$521/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $680,000 $302 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,811/month

109 Days on Market

Highlights

  • Dock made with concrete
  • Gulf View
  • Granite Countertops
  • Tennis Courts
  • Home fronts a canal
  • 1-minute walk to Marathon Rotary Park

About This Home

As of January 2021

This home was built to withstand hurricanes & was one of the few in the neighborhood that sustained no damage from Hurricane Irma! Solid 4 BR concrete home boasts 2,350. sq. ft. with impact doors and windows, concrete roof, plus a large rooftop deck for viewing Keys-famous sunsets over the bay. The 2-story home features an open Kitchen with granite counters and stainless appliances plus 1st floor and 2nd floor Master Suites and 2 additional Guest Bedrooms. Quick open water access from the concrete dock and seawall and a picture perfect boat ride out to the ocean through Sammy's Creek. Lots of off-street parking in the 3-car Carport. Walking distance to Baby's Coffee, Deli and Baypoint Park which offers tennis, basketball and playground and a short drive to the magic of Key West.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 08/07/2020

Last Buyer's Agent

Edward Salazar

At Home in Key West, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,085

Year Built

  • Built in 2008

Lot Details

  • 2,625 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Property is zoned URM - Urban Res Mobile Home District

Property Views

  • Gulf
  • Canal

Home Design

  • Concrete Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Dock made with concrete
  • Tennis Courts
  • Balcony
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00161760-000000

Community Details

Overview

  • No Home Owners Association
  • Bay Point Trlr Pk Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,085

Year Built

Built in 2008

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: 2
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Saddlebunch
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 15.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Tennis Courts, Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6085.18
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Covered Parking
  • Year Built: 2008
  • Alternate Key Number: 1207314
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 2625.00
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2250.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Entrance Foyer, Pantry, Walk-in Closet(s), Storage, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Oven, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence, Storage
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View, Open Water View, Canal View

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00161760-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Jan 12, 2021
Sold by
Neipris Alan C and Neipris Pamela G
Bought by
Petrinec Nicholas J and Petrinec Caitlin A
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Edward Salazar
At Home in Key West, Inc.
List Price
$719,000
Sold Price
$680,000
Premium/Discount to List
-$39,000
-5.42%
Current Estimated Value
$1,172,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,761
Avg. Annual Appreciation
11.77%
Original Mortgage
$608,350
Outstanding Balance
$545,435
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$604,226

Purchase Details

Listed on
Apr 3, 2018
Closed on
Aug 8, 2018
Sold by
Gregory Solaris Y and Gregory Marcela Y
Bought by
Neipris Alan C and Neipris Pamela G
Seller's Agent
Edward Salazar
Bascom Grooms Real Estate (KW)
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jul 30, 2018
Sold by
Gregory Solaris Y and Gregory Marcela Y
Bought by
Neipris Alan C and Neipris Pamela G
Seller's Agent
Edward Salazar
Bascom Grooms Real Estate (KW)
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%

Purchase Details

Listed on
Sep 12, 2012
Closed on
Apr 26, 2013
Sold by
Centennial Bank
Bought by
Gregory Solaris and Morgan Marcela Y
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Edward Salazar
At Home in Key West, Inc.
List Price
$399,000
Sold Price
$337,000
Premium/Discount to List
-$62,000
-15.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%
Original Mortgage
$269,600
Interest Rate
3.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 10, 2012
Sold by
Harper Adam
Bought by
Centennial Bank

Purchase Details

Closed on
Jul 25, 2012
Sold by
Harper Adam
Bought by
Centennial Bank

Purchase Details

Closed on
Mar 2, 2004
Sold by
Ponce Ramon and Ponce Teresa
Bought by
Harper Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2001
Sold by
Benedict Evan K and Benedict Deborah S
Bought by
Ponce Teresa and Ponce Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,708
Interest Rate
7.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 1996
Sold by
Catarino Adriano B and Catarino Linda L
Bought by
Benedict Evan K and Benedict Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1990
Bought by
Gregory Solaris
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Petrinec Nicholas J $680,000 Florida Title Professional
Neipris Alan C $650,000 None Listed On Document
Neipris Alan C $650,000 None Listed On Document
Gregory Solaris $337,000 Attorney
Centennial Bank -- None Available
Centennial Bank -- None Available
Harper Adam $257,500 First American Title Ins Co
Ponce Teresa $115,000 --
Benedict Evan K $89,000 --
Gregory Solaris $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrinec Nicholas J $608,350
Previous Owner Gregory Solaris $269,600
Previous Owner Harper Adam $200,000
Previous Owner Benedict Evan K $119,500
Previous Owner Benedict Evan K $111,708
Previous Owner Benedict Evan K $71,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2021 01/12/21 Sold $680,000 -5.4% $302 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $719,000 +10.6% $320 / Sq Ft
07/30/2018 07/30/18 Sold $650,000 -6.5% $289 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $695,000 +106.2% $309 / Sq Ft
04/26/2013 04/26/13 Sold $337,000 -15.5% $142 / Sq Ft
04/25/2013 04/25/13 Pending -- -- --
09/12/2012 09/12/12 For Sale $399,000 -- $169 / 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 $7,132 $819,835 $296,940 $522,895
2023 $7,132 $798,615 $291,638 $506,977
2022 $6,415 $679,296 $166,366 $512,930
2021 $5,860 $574,798 $117,318 $457,480
2020 $5,627 $585,041 $116,655 $468,386
2019 $6,085 $591,597 $117,981 $473,616
2018 $4,396 $439,316 $0 $0
2017 $4,273 $430,281 $0 $0
2016 $4,300 $421,431 $0 $0
2015 $4,421 $418,501 $0 $0
2014 $4,558 $415,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592016

Florida Keys Board of REALTORS®

APN: 00161760-000000