L
Seller's Agent in 2021
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
39 Palm Dr Key West, FL 33040
4
Beds
3
Baths
2,250
Sq Ft
2,625
Sq Ft Lot
Highlights
- Ocean View
- Home fronts a canal
- No HOA
- Tennis Courts
- Granite Countertops
- 1-minute walk to Marathon Rotary Park
About This Home
As of January 2021This house was built to withstand the strongest hurricanes and was one of the few houses in this area to have no Hurricane Irma damage. With 2,250 sf of living space, this spacious 4 bed 3 full bath home, only 10 miles from Key West is a rare find as either a second home for entertaining or as a perfect family home. It's large, solid and only 10 years old with hurricane impact windows throughout plus shutters on both sides. The canal has a current and flows under bridge which makes it great for swimming. It allows quick boating access to the beautiful offshore islands and reef nearby. The rooftop terrace offers privacy with stunning open water, sunrise, and sunset views. The rooms are large with lots of storage and have high ceilings. The kitchen has granite countertops and stainless steel
Last Agent to Sell the Property
Bascom Grooms Real Estate (KW) License #657887 Listed on: 04/03/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,300
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
- Ocean
- Gulf
- Canal
Home Design
- Concrete Roof
Interior Spaces
- 2,250 Sq Ft Home
- Storage
- Home Gym
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
- Tennis Courts
- Balcony
- Outdoor Storage
Utilities
- Central Air
- Public Hookup Available For Sewer
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 00161760-000000
Community Details
Overview
- No Home Owners Association
- Bay Point Trlr Pk Subdivision
- Rental Restrictions
Recreation
- Tennis Courts
- Bike Trail
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
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
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
Average Home Value in this Area
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
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
-
-
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
318 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 579557
APN: 00161760-000000
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