$337,000
SOLD APR 26, 2013

39 Palm Dr Key West, FL 33040

4 Beds
3 Baths
2,367 Sq Ft
2,625 Sq Ft Lot

Recently Sold

$142 Per Sq Ft

16% Below List Price

225 Days on Market

Highlights

  • Gulf View
  • No HOA
  • Complete Roll Down Shutters
  • Home fronts a canal
  • Screened Balcony
  • 1-minute walk to Marathon Rotary Park

About This Home

As of January 2021

Bank Owned! This four bedroom three bath waterfront home with seawall and over 2300 square feet of living space features tile floors, 9 ft. ceilings, open water views from the roof top terrace and parking for four vehicles! (The kitchen has no appliances.)

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 09/12/2012

Last Buyer's Agent

Edward Salazar

At Home in Key West, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,167

Year Built

  • Built in 2008

Lot Details

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

Property Views

  • Gulf
  • Canal

Home Design

  • Concrete Roof

Interior Spaces

  • 2,367 Sq Ft Home
  • Blinds
  • Sliding Doors
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

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

Home Security

  • Complete Roll Down Shutters
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Off-Street Parking

Outdoor Features

  • Screened Balcony
  • Outdoor Storage

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Bay Point Trlr Pk Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00161760-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,167

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
  • Association Approval Required: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Seawall: Other
  • Document Count: 3
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Saddlebunch
  • K W Neighborhood: Outside of Key West
  • Mile Marker: 15.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4167.09
  • Title: Negotiable
  • Vehicle Storage: Attached, Off Street Parking, Covered Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 2008
  • Alternate Key Number: 1207314
  • Cooling Heating: Central Air
  • Lot Sq Ft: 2625.00
  • Porch Balcony: Screened P/B
  • Shutters: Other, Roll Down Manual
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2367.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Smoke Alarms, Window Treatments, Walk-in Closet(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors
  • Appliances Other: YES
  • Total Bedrooms: 4

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Storage
  • Roof: Concrete Roof
  • Waterview: Bay/Gulf View, Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00161760-000000
  • Lot Size: 35' x 75'
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

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

Mortgage History

Date Status Loan Amount Loan Type
Open $608,350 New Conventional
Previous Owner $269,600 Seller Take Back
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $119,500 New Conventional
Previous Owner $111,708 FHA
Previous Owner $71,200 New Conventional
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: 116958

Florida Keys Board of REALTORS®

APN: 00161760-000000