NOT LISTED FOR SALE

Estimated Value: $533,504 - $577,000

2 Beds
2 Baths
806 Sq Ft
4 Acres

Last Sold May 31, 2023

Last sale price $580,000 $720 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,123/month

2 Days on Market

About This Home

As of May 2023

Tour this new listing today without an agent with the included immersive 3D Digital Tour. Offering a preferred location at the end of the west wing, this bright & private 2 BR & 2 BA corner unit has an additional window & only one neighbor to the side. The home features many substantial improvements, stainless steel appliances, a brand new AC system & range, full size washer & dryer, & gorgeous baths. And if you're not convinced yet, a covered parking bay (#122) is included in the sale. Located at Las Salinas Condominiums, the community outperforms by maintaining the property to superb standards. Along with an inviting sun drenched swimming pool, perhaps the best community fitness center in all of Key West is located at Las Salinas. It features private access to cardio & strength rooms, and both are spotless & have high quality equipment. Remarkably low $386 mo. condo fees cover the exterior building insurance & maintenance, & the operation & on site management of the community. For your convenience, nearby is a small grocery store, day spa, & bus stop for easy transportation on Key West. The popular 2 mile long Smathers Beach promenade is just outside the entrance that's perfect for morning walks, biking or just to enjoy sunrises & sunsets. Owners are allowed 1 pet up to 20 lbs. Rentals are permitted 90 days or longer. There is open lot parking for an additional vehicle, storage, & bicycle room. Competitively priced for just $594,000.

Last Agent to Sell the Property

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 04/17/2023

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Juan Benitez

Compass Realty (KW)

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,185

Year Built

1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 386.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Handicap Access: Yes
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 90.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Manager on Premises, Bike Paths, Other Area Features, Fire Hydrant
  • Pets W Restrictions: 1 less than 20lb
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 1118.00
  • Vehicle Storage: Carport, Covered Parking, Vehicle Restrictions, Off Street Parking, Guest Parking, Open Parking, Assigned Parking, Attached
  • Vehicle Storage Cars: 2
  • Year Built: 1991
  • Alternate Key Number: 8781482
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 100000.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 4 Stories
  • Estimated Living Sq Ft: 806.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Smoke Alarms, Window Treatments, Storage
  • Floor Number: 3.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors, Impact Rstnce Window, Aluminum Windows
  • Total Bedrooms: 2
  • Accessibility Features: Parking

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Stucco, Concrete
  • Exterior Features: Outdoor Shower
  • Roof: Metal Roof, Tar/Gravel Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00066180-000602
  • Land Size: 2 Less Than 5 Acres

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
May 31, 2023
Sold by
Walton Lois Anne
Bought by
Mohammadi Mohsen
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Juan Benitez
Compass Realty (KW)
List Price
$594,000
Sold Price
$580,000
Premium/Discount to List
-$14,000
-2.36%
Views
28
Current Estimated Value
$555,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,874
Avg. Annual Appreciation
-1.94%
Original Mortgage
$435,000
Outstanding Balance
$423,829
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$131,297

Purchase Details

Closed on
Nov 24, 1997
Sold by
Jackson Frederick M
Bought by
Walton Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1990
Bought by
Walton Lois Anne
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Mohammadi Mohsen $580,000 None Listed On Document
Walton Marion $115,000 --
Walton Lois Anne $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohammadi Mohsen $435,000
Previous Owner Walton Marion $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $580,000 -2.4% $720 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $594,000 -- $737 / Sq Ft
Source: Key West Association 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 $1,185 $471,872 -- $471,872
2023 $1,185 $160,980 $0 $0
2022 $1,164 $156,292 $0 $0
2021 $1,159 $151,740 $0 $151,740
2020 $1,371 $149,645 $0 $149,645
2019 $1,346 $146,281 $0 $146,281
2018 $1,333 $143,554 $0 $0
2017 $1,321 $140,602 $0 $0
2016 $1,342 $137,711 $0 $0
2015 $1,369 $136,754 $0 $0
2014 $1,394 $135,669 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 604972

Key West Association of REALTORS®

APN: 00066180-000602