$640,000
SOLD SEP 30, 2021

39 Palmetto Dr Key West, FL 33040

3 Beds
2 Baths
1,275 Sq Ft
8,400 Sq Ft Lot

Recently Sold

$502 Per Sq Ft

11% Above List Price

16 Days on Market

Highlights

  • Home fronts a canal
  • Balcony
  • Outdoor Shower
  • No HOA
  • Accessible Parking
  • 1-minute walk to The Park

About This Home

As of September 2021

Great Starter Home just 10 miles from Key West on a wide canal and oversized lot with back country & open water boating access.This diamond in the rough sits on a large 8,400 sq/ft lot and has a 1,279 sq/ft of living space ready for you to customize to your specifications. The living room features high exposed beam ceilings and an open floor plan. The spacious back patio and yard has room for a pool and is perfect for entering, enjoying a cocktail and watching the sunset. New roof and ample parking. Don't miss this opportunity to create your dream home on the water.

Last Agent to Sell the Property

Jenna Blackwell

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3367627 Listed on: 07/30/2021

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Thomas Mack

SBX Real Estate, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,612

Year Built

  • Built in 1958

Lot Details

  • 8,400 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • Carport

Home Design

  • Fixer Upper
  • Metal Roof

Interior Spaces

  • 1,275 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Canal Views
  • Microwave
  • Washer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Balcony

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Public Hookup Available For Sewer

Additional Features

  • Accessible Parking
  • Ground Level

Community Details

  • No Home Owners Association
  • Similar Sound Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Other Tax Exemptions
  • Assessor Parcel Number 00153990-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,612

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: 3
  • Document Count: 2
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Big Coppitt
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 10.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3611.57
  • Title: Negotiable
  • Vehicle Storage: Carport, Covered Parking
  • Year Built: 1958
  • Alternate Key Number: 1199478
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Heat Pump, Ductless, Central Air
  • Lot Sq Ft: 8400.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: Disability, Widow/Widower, Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1275.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Fixer Upper
  • 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: Microwave, Refrigerator, Washer
  • Floor: Tile
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 3
  • Accessibility Features: Parking

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Outdoor Shower
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00153990-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.19

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 30, 2021
Sold by
Light Natalie Miller and Miller William D
Bought by
Smallwood Morgan and Smallwood Kathleen
Seller's Agent
Jenna Blackwell
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$575,000
Sold Price
$640,000
Premium/Discount to List
$65,000
11.3%
Current Estimated Value
$879,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,862
Avg. Annual Appreciation
8.41%

Purchase Details

Closed on
Mar 9, 2021
Sold by
Light Natalie Miller and Estate Of John Bradley Miller
Bought by
Miller William D and Estate Of John Bradley Miiller

Purchase Details

Listed on
May 15, 2013
Closed on
Nov 25, 2013
Sold by
Johnson Joel A and Abrahim Heather
Bought by
Miller Brad
Seller's Agent
Ocean Sotheby's International Realty
Buyer's Agent
Everett Watkins
Preferred Properties (KW)
List Price
$299,000
Sold Price
$260,000
Premium/Discount to List
-$39,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%

Purchase Details

Closed on
Aug 1, 2006
Sold by
Cousins Richard M and Powell Cousins Ann B
Bought by
Johnson Joel A and Johnson Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,600
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2004
Sold by
Merton Coousins Richard and Powell Cousins Ann B
Bought by
Cousins Richard Merton and Powell Cousins Ann B

Purchase Details

Closed on
Dec 10, 2003
Sold by
Cousins Richard M and Powell Cousins Ann B
Bought by
The Richard M Cousins & Ann B Powell Cou
Source: Public Records

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Range of Values:

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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 $640,000 Attorney
Deed Of Distribution -- Attorney
Deed Of Distribution -- Attorney
Warranty Deed $260,000 Attorney
Warranty Deed $477,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $381,600 Purchase Money Mortgage
Previous Owner $95,400 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $640,000 +11.3% $502 / Sq Ft
07/30/2021 07/30/21 For Sale $575,000 +121.2% $451 / Sq Ft
11/25/2013 11/25/13 Sold $260,000 -13.0% $188 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $299,000 -- $216 / 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 $6,230 $745,446 -- --
2023 $6,230 $723,734 $512,400 $211,334
2022 $5,275 $569,088 $352,800 $216,288
2021 $3,742 $365,008 $252,000 $113,008
2020 $3,612 $347,635 $235,200 $112,435
2019 $3,677 $353,644 $239,400 $114,244
2018 $3,768 $353,673 $239,400 $114,273
2017 $3,750 $355,481 $0 $0
2016 $3,730 $360,408 $0 $0
2015 $3,632 $350,139 $0 $0
2014 $3,313 $275,293 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 597113

Florida Keys Board of REALTORS®

APN: 00153990-000000