NOT LISTED FOR SALE

4 Bay Dr Key West, FL 33040

Estimated Value: $727,646 - $1,053,000

4 Beds
2 Baths
1,672 Sq Ft
$506/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $550,000 $329 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,995/month

2 Days on Market

Highlights

  • Home fronts a canal
  • Shutters
  • Guest Parking
  • No HOA
  • Tile Flooring
  • 1-minute walk to Marathon Rotary Park

About This Home

As of January 2022

15 Minutes to Key West this Canal front 4 bedroom 2 bath home CBS, great location, 1840 sq ft home, walk in to the living room, large TV Room, Kitchen, Master Bedroom offers private patio.

Last Agent to Sell the Property

Diane Corliss

Realty Executives - Sugarloaf Listed on: 12/10/2021

Last Buyer's Agent

Elaine Coyle

Tropical Properties Real Estat (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,501

Year Built

  • Built in 1954

Lot Details

  • 9,435 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Interior Spaces

  • 1,672 Sq Ft Home
  • Shutters
  • Tile Flooring
  • Canal Views
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Bay Point Amd & 1St Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00160310-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,501

Year Built

Built in 1954

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: 2
  • Document Count: 3
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Saddlebunch
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 15.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3500.63
  • Title: Title Ins - Buyer
  • Vehicle Storage: Guest Parking, Off Street Parking, Open Parking
  • Year Built: 1954
  • Alternate Key Number: 1205885
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 9435.00
  • Shutters: Bahama
  • Species List: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1672.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • 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: Range, Refrigerator
  • Floor: Tile
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Other Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00160310-000000
  • Lot Size: 77 x 120
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.22

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Jan 27, 2022
Sold by
Martin and Suzzanne
Bought by
Arnold Richard Wayne and Arnold Adonay
Seller's Agent
Diane Corliss
Realty Executives - Sugarloaf
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%
Current Estimated Value
$846,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,162
Avg. Annual Appreciation
12.42%
Original Mortgage
$412,500
Outstanding Balance
$381,479
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$464,683

Purchase Details

Listed on
Aug 23, 2013
Closed on
May 8, 2014
Sold by
Grzybowski Scott and Grzybowski Sharron
Bought by
Martin James and Martin Suzzanne
Seller's Agent
Diane Corliss
Realty Executives - Sugarloaf
Buyer's Agent
Diane Corliss
Realty Executives - Sugarloaf
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$355,288
Interest Rate
4.43%
Mortgage Type
VA

Purchase Details

Closed on
Feb 23, 2009
Sold by
Prescott Catherine
Bought by
Grybowski Scott and Grybowski Sharron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,890
Interest Rate
5.29%
Mortgage Type
VA

Purchase Details

Closed on
Feb 20, 2009
Sold by
Akers Tim and Herman Bruce K
Bought by
Prescott Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,890
Interest Rate
5.29%
Mortgage Type
VA

Purchase Details

Closed on
Dec 8, 2006
Sold by
Paly Jean
Bought by
Herman Bruce K and Kp Trust #6

Purchase Details

Closed on
Nov 15, 2004
Sold by
Moyer Jack A and Moyer Alison M
Bought by
Akers Timothy R and Paly Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1989
Bought by
Martin James and Martin Suzzanne
Source: Public Records

Range of Values:

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Average Value
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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
Arnold Richard Wayne $550,000 Oropeza Stones Cardenas Pllc
Martin James $350,000 True Title Agency Inc
Grybowski Scott $330,000 Creative Title Services Inc
Prescott Catherine $272,500 Creative Title Services Inc
Herman Bruce K -- Attorney
Akers Timothy R $565,000 --
Martin James $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold Richard Wayne $412,500
Previous Owner Martin James $355,288
Previous Owner Grybowski Scott $340,890
Previous Owner Akers Timothy R $452,000
Closed Akers Timothy R $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2022 01/27/22 Sold $550,000 -15.4% $329 / Sq Ft
12/10/2021 12/10/21 For Sale $650,000 +85.7% $389 / Sq Ft
05/08/2014 05/08/14 Sold $350,000 -12.5% $209 / Sq Ft
03/09/2014 03/09/14 Pending -- -- --
08/23/2013 08/23/13 For Sale $399,900 -- $239 / 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 $6,107 $594,443 $400,947 $193,496
2023 $6,107 $685,016 $0 $0
2022 $5,957 $625,417 $428,821 $196,596
2021 $3,520 $359,328 $0 $0
2020 $3,501 $354,367 $0 $0
2019 $3,435 $346,400 $0 $0
2018 $3,448 $339,942 $0 $0
2017 $3,352 $332,951 $0 $0
2016 $3,370 $326,103 $0 $0
2015 $3,464 $323,836 $0 $0
2014 $4,865 $402,882 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598776

Florida Keys Board of REALTORS®

APN: 00160310-000000