NOT LISTED FOR SALE

4 Coral Way Key West, FL 33040

Estimated Value: $836,000 - $1,087,000

3 Beds
3 Baths
1,422 Sq Ft
$665/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $815,000 $573 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,463/month

147 Days on Market

About This Home

As of January 2023

Resort-style development of 55 homes on the doorstep of Key West. 3-bedrooms with 3 bathrooms attached, 1420 total living square-feet. New flooring, new paint, new bathroom shower tile. Furniture and everything on-site is included in price. Large community pool, club house and fitness center. Condo docs and financials at CAC Association website. Seller Disclosure and Elevation Certificate in Documents Section. Insurance Declaration pages also attached (no flood).

Last Agent to Sell the Property

James Smith

LoKation Real Estate License #3011157 Listed on: 07/22/2022

LoKation Real Estate

Last Buyer's Agent

Thomas Mack

SBX Real Estate, LLC (KW)

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,434

Year Built

2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: No
  • Association Fee: 440.00
  • Mandatory HOA: Yes
  • Document Count: 4
  • Fee Includes: Common Area Mnt
  • Key Island: Stock Island
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Bike Paths, Clubhouse
  • Pets W Restrictions: two pets, max 35 lbs
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4358.19
  • Vehicle Storage: Open Parking, Off Street Parking
  • Year Built: 2004
  • Alternate Key Number: 9079281
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 1114.00
  • Pool Info: Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • License Info Number Of County License: 1
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1422.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Walk-in Closet(s)
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Exterior Features: Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00124100-000141
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Jan 10, 2023
Sold by
J & J Bryce Canyon Llc
Bought by
Takovich Sarka
Seller's Agent
James Smith
LoKation Real Estate
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$899,000
Sold Price
$815,000
Premium/Discount to List
-$84,000
-9.34%
Views
7
Current Estimated Value
$944,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,944
Avg. Annual Appreciation
5.51%
Original Mortgage
$611,250
Outstanding Balance
$591,964
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$352,980

Purchase Details

Listed on
Feb 8, 2021
Closed on
Feb 26, 2021
Sold by
Clark Robert L
Bought by
J & J Bryce Canyon Llc
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
James Smith
Florida Keys Real Estate Company (KW)
List Price
$489,000
Sold Price
$489,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.41%

Purchase Details

Listed on
Mar 1, 2014
Closed on
Mar 25, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Clark Robert L
Seller's Agent
Steven Eid
Sunshine State Realty Services
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$270,000
Sold Price
$280,875
Premium/Discount to List
$10,875
4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Dec 30, 2013
Sold by
Tomita Timothy
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Dec 12, 2013
Sold by
Tomita Timothy
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jun 27, 2005
Sold by
Lost Weekend Llc
Bought by
Tomita Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 3, 2004
Sold by
Coral Hammock Llc
Bought by
Lost Weekend Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,639
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Takovich Sarka $815,000 --
J & J Bryce Canyon Llc $489,000 Attorney
Clark Robert L $280,900 Title365 Company
Nationstar Mortgage Llc -- None Available
Nationstar Mortgage Llc -- None Available
Tomita Timothy $735,000 Chicago Title Of The Fl Keys
Lost Weekend Llc $484,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Takovich Sarka $611,250
Previous Owner Tomita Timothy $551,250
Previous Owner Lost Weekend Llc $435,639
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2023 01/10/23 Sold $815,000 -4.1% $573 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
09/09/2022 09/09/22 Price Changed $850,000 -5.5% $598 / Sq Ft
07/22/2022 07/22/22 For Sale $899,000 +83.8% $632 / Sq Ft
02/26/2021 02/26/21 Sold $489,000 0.0% $344 / Sq Ft View Prior Sale
02/11/2021 02/11/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $489,000 +74.1% $344 / Sq Ft
03/31/2014 03/31/14 Sold $280,875 +4.0% $198 / Sq Ft View Prior Sale
03/05/2014 03/05/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $270,000 -- $190 / 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 $5,434 $656,853 $378,627 $278,226
2023 $5,434 $664,146 $396,724 $267,422
2022 $4,679 $498,794 $228,290 $270,504
2021 $4,358 $432,559 $198,223 $234,336
2020 $4,560 $450,504 $201,007 $249,497
2019 $4,705 $467,529 $219,381 $248,148
2018 $4,409 $420,902 $191,541 $229,361
2017 $4,177 $404,419 $0 $0
2016 $3,919 $362,233 $0 $0
2015 $3,789 $334,941 $0 $0
2014 $3,749 $316,562 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 601938

Key West Association of REALTORS®

APN: 00124100-000141