$1,300,000
SOLD NOV 26, 2014
3 Beds
3.5 Baths
2,594 Sq Ft
9,989 Sq Ft Lot

Recently Sold

$501 Per Sq Ft

27% Below List Price

113 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Lanai
  • Home fronts a canal
  • Wood Flooring
  • No HOA

About This Home

As of January 2022

Come see this one of a kind Key West Residence today. This property is the closest waterfront home to Cuba in the United States, where the Gulf of Mexico meets the Atlantic Ocean. The exterior of the residence features boat dockage, deep water access, an expansive deck and pool area complete with covered gazebo. The interior living and dining area is bright and filled with light with multiple sliding glass doors. 3 bedrooms and 3.5 baths overall including a separate mother-in-law suite with private entrance. Master suite has built-in storage, large closet and vanity, and a spiral staircase leading up to the master bedroom and private roof top deck. Minutes to the Open Ocean.

Last Agent to Sell the Property

Michael Petro

Ocean Sotheby's International Realty License #3139086 Listed on: 08/04/2014

Ocean Sotheby's International Realty

Last Buyer's Agent

Michael Petro

At Home in Key West, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,588

Year Built

  • Built in 1965

Lot Details

  • 9,989 Sq Ft Lot
  • Home fronts a canal
  • Privacy Fence
  • Sprinkler System

Home Design

  • Frame Construction
  • Concrete Roof

Interior Spaces

  • 2,594 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Workshop
  • Storage
  • Utility Room
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Guest Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Patio
  • Lanai
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Vista Del Mar Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00072040-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,588

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Dockage Dock: Other
  • Dockage Seawall: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Selling Info: List price included renovations that were not performed.
  • Side: Ocean
  • State Province: FL
  • Taxes: 7588.00
  • Title: Negotiable
  • Vehicle Storage: Guest Parking, Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1965
  • Alternate Key Number: 1075833
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Heat, Central Air
  • Lot Sq Ft: 9989.00
  • Pool Info: In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2594.00
  • Pool Info Other: Eq Incld;
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Wet Bar, Storage, Smoke Alarms, Cathedral Ceilings, Fireplace(s), Drapes/Blinds Incl
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Microwave, Oven, Dryer, Disposal
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: Glass Doors, Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Frame
  • Exterior Features: Gazebo, Sprinkler System, Storage, Privacy Wall/Fence, Lighting, Lanai, Hot Tub
  • Roof: Concrete Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00072040-000000
  • Lot Size: 99.78 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.23

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 20, 2022
Sold by
Wall Wendell A
Bought by
80 & Sunny Llc
Seller's Agent
Justyn Ewald
Expert Realty LLC (HQ)
Buyer's Agent
Lisa Swanson
Coldwell Banker Schmitt Real Estate Co.
List Price
$2,877,000
Sold Price
$2,600,000
Premium/Discount to List
-$277,000
-9.63%
Total Days on Market
113
Current Estimated Value
$2,843,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,425
Avg. Annual Appreciation
2.70%
Original Mortgage
$1,820,000
Outstanding Balance
$1,697,778
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$1,145,647

Purchase Details

Closed on
Nov 23, 2015
Bought by
Wall Wendell A

Purchase Details

Listed on
Aug 4, 2014
Closed on
Nov 26, 2014
Sold by
Morley John and Morley Lynn
Bought by
Wall Wendell A
Seller's Agent
Michael Petro
Ocean Sotheby's International Realty
Buyer's Agent
Michael Petro
At Home in Key West, Inc.
List Price
$1,790,000
Sold Price
$1,300,000
Premium/Discount to List
-$490,000
-27.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Nov 26, 2008
Sold by
First State Bank Of The Florida Keys
Bought by
Morley John J and Morley Lynn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 20, 2008
Sold by
Bethel Harry and Bethel Gladys C
Bought by
First State Bank Of Florida Keys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 26, 2007
Sold by
Bethel Harry L
Bought by
First State Bank

Purchase Details

Closed on
Nov 15, 2007
Sold by
Bethel Harry L
Bought by
First State Bank

Purchase Details

Closed on
May 20, 2005
Sold by
Zahler C Gary and Zahler Deborah
Bought by
Bethel Harry L and Bethel Gladys C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1993
Sold by
Martin Charles E and Martin Barbara L
Bought by
Zahler C Gary and Zahler Deborah

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
7.39%
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 $2,600,000 Oropeza Stones Cardenas Pllc
Warranty Deed $100 --
Warranty Deed $1,300,000 Attorney
Warranty Deed $825,000 Attorney
Quit Claim Deed -- Attorney
Trustee Deed $1,314,536 None Available
Trustee Deed $1,314,536 None Available
Warranty Deed $1,450,000 --
Warranty Deed $325,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,820,000 New Conventional
Previous Owner $529,000 New Conventional
Previous Owner $625,000 Seller Take Back
Previous Owner $1,275,000 Purchase Money Mortgage
Previous Owner $200,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $2,600,000 -9.6% $839 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $2,877,000 +121.3% $928 / Sq Ft
11/26/2014 11/26/14 Sold $1,300,000 -27.4% $501 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $1,790,000 -- $690 / 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 $21,997 $2,343,366 $1,620,004 $723,362
2023 $21,997 $2,574,832 $1,877,488 $697,344
2022 $14,412 $1,733,225 $0 $0
2021 $14,808 $1,682,743 $0 $0
2020 $14,563 $1,659,510 $0 $0
2019 $12,290 $1,387,281 $817,424 $569,857
2018 $12,647 $1,358,121 $770,188 $587,933
2017 $11,792 $1,240,757 $0 $0
2016 $12,184 $1,211,920 $0 $0
2015 $11,456 $1,106,576 $0 $0
2014 $8,066 $811,104 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120201

Florida Keys Board of REALTORS®

APN: 00072040-000000