NOT LISTED FOR SALE

39 Palm Dr Key West, FL 33040

Estimated Value: $808,000 - $1,633,000

4 Beds
3 Baths
2,250 Sq Ft
$493/Sq Ft Est. Value

Sale Details

Date Sold: January 12, 2021

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

Est. 63% increase in value since last sale

Current estimated payment $6,596 / mo

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 Real Estate Co License #605677 Listed on: 08/07/2020

Coldwell Banker Schmitt Real Estate Co

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

2,625 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • 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: Tennis Courts, Bike Paths, 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, Covered Parking, Off Street Parking
  • Year Built: 2008
  • Alternate Key Number: 1207314
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Heat, Ceiling Fans(s)
  • 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: Pantry, Granite Counter Top, Walk-in Closet(s), Storage, Entrance Foyer
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • 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: FKAA, Cable Available, Buyer to Verify, Municipal Sewer

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Jan 12, 2021
Sold by
Bought by
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate 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
$1,108,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,129
Avg. Annual Appreciation
9.39%
Original Mortgage
$608,350
Outstanding Balance
$540,463
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$567,666

Purchase Details

Listed on
Apr 3, 2018
Closed on
Aug 8, 2018
Sold by
Bought by
Seller's Agent
Edward Salazar
At Home in Key West, Inc.
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
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
Sep 12, 2012
Closed on
Apr 26, 2013
Sold by
Bought by
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
Bought by

Purchase Details

Closed on
Jul 25, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 2004
Sold by
Bought by

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
Bought by

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
Bought by

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
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$680,000 Florida Title Professional
$650,000 None Listed On Document
$337,000 Attorney
-- None Available
-- None Available
$257,500 First American Title Ins Co
$115,000 --
$89,000 --
$48,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $608,350
Previous Owner $269,600
Previous Owner $200,000
Previous Owner $119,500
Previous Owner $111,708
Previous Owner $71,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
04/25/2013 04/25/13 Pending -- -- --
09/12/2012 09/12/12 For Sale $399,000 -- $169 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,458 $776,498 $250,543 $525,955
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

  • Lisa Ferringo

    Seller's Agent in 2021

    Lisa Ferringo

    Coldwell Banker Schmitt Real Estate Co

    (305) 797-1221

    587 Total Sales

    Lisa Ferringo
    Section Image

  • E

    Buyer's Agent in 2021

    Edward Salazar

    At Home in Key West, Inc.

  • Bascom Grooms

    Seller's Agent in 2013

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    256 Total Sales

    Bascom Grooms
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 592016

APN: 00161760-000000

Florida Monroe County Key West 33040

39 Palm Dr, Key West, FL

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