NOT LISTED FOR SALE

40 Merganser Ln Key West, FL 33040

Estimated Value: $541,773 - $704,000

2 Beds
1 Bath
780 Sq Ft
$781/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $380,000 $487 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,569/month

226 Days on Market

About This Home

As of March 2021

Charming 2 bedroom, exceptionally maintained Golf Club Townhome with a lot of character. The cozy downstairs living space opens to a large porch and brick paved yard, perfect for outdoor entertaining. Upstairs master bedroom has a large balcony. A lot of updates in this home, including the kitchen, bathroom and bamboo floors downstairs. New insulation under the house. Some more of the great features are under home storage, gated private entrance, two Community pools, fitness center, fully fenced and tropical landscaping. Only minutes from Key West. INVESTMENT OPPORTUNITY, the home is tenant occupied until May 30, 2021. $2750 monthly rental income. 6% rate on return.

Last Agent to Sell the Property

Joyce Craul

Expert Realty LLC (HQ) License #3453672 Listed on: 06/15/2020

Co-Listed By

Justyn Ewald

Expert Realty LLC (HQ) License #3363807

Last Buyer's Agent

Caroline Stover Sickmen

eXp Realty LLC License #3390524

eXp Realty LLC

Townhouse Details

Home Type

Townhome

Year Built

1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 395.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt
  • Key Island: Key West
  • K W Neighborhood: Key West Golf Club
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 2948.40
  • Vehicle Storage: Open Parking, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1995
  • Alternate Key Number: 8876441
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Lot Sq Ft: 1425.00
  • Porch Balcony: Open Porch/Balcony, Deck
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 780.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dryer
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00072081-000120
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Wheeler Danielle D and Field Jeffrey
Bought by
Field/Wheeler Family Revocable Trust and Field
Current Estimated Value
$609,193

Purchase Details

Listed on
Jun 15, 2020
Closed on
Mar 8, 2021
Sold by
Wall Wendell A and Mcsherry Denise L
Bought by
Wheeler Danielle D and Field Jeffrey
Seller's Agent
Joyce Craul
Expert Realty LLC (HQ)
Buyer's Agent
Caroline Stover Sickmen
eXp Realty LLC
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$304,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 16, 2018
Sold by
Radiology In Paradise Llc
Bought by
Wall Wendell and Mcsherry Denise L
Seller's Agent
Heather Mason
Coastal Collection Real Estate Inc.
Buyer's Agent
Michael Petro
At Home in Key West, Inc.
List Price
$369,000
Sold Price
$342,000
Premium/Discount to List
-$27,000
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%

Purchase Details

Closed on
May 9, 2013
Sold by
Overhiser Vanessa and Overhiser Ronald
Bought by
Radiology In Paradise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,999
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2009
Sold by
The Bank Of New York
Bought by
Overhiser Vanessa and Overhiser Ronald

Purchase Details

Closed on
Aug 28, 2008
Sold by
Greenpoint Mortgage Funding Inc
Bought by
The Bank Of New York

Purchase Details

Closed on
Jul 18, 2008
Sold by
Ball William
Bought by
Greenpoint Mortgage Funding Inc

Purchase Details

Closed on
Apr 20, 2004
Sold by
Enfantino Richard A and Enfantino Nancy K
Bought by
Ball William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,600
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1995
Bought by
Radiology In Paradise Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Field/Wheeler Family Revocable Trust -- None Listed On Document
Field/Wheeler Family Revocable Trust -- None Listed On Document
Field/Wheeler Family Revocable Trust -- None Listed On Document
Wheeler Danielle D $380,000 Florida Title Professional
Wall Wendell $342,000 None Listed On Document
Radiology In Paradise Llc $300,000 Chicago Title Insurance Co
Overhiser Vanessa $170,000 Sutton Land Title Agency
The Bank Of New York -- Attorney
Greenpoint Mortgage Funding Inc -- Attorney
Ball William $382,000 Chicago Title Of The Florida
Radiology In Paradise Llc $116,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wheeler Danielle D $304,000
Previous Owner Radiology In Paradise Llc $239,999
Previous Owner Ball William $305,600
Closed Ball William $38,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2021 03/08/21 Sold $380,000 -3.8% $487 / Sq Ft
06/15/2020 06/15/20 For Sale $395,000 +15.5% $506 / Sq Ft
08/16/2018 08/16/18 Sold $342,000 -7.3% $438 / Sq Ft View Prior Sale
08/03/2018 08/03/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $369,000 -- $473 / 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
2025 $4,648 $487,334 $300,889 $186,445
2024 $4,376 $536,458 $369,873 $166,585
2023 $4,376 $508,887 $369,873 $139,014
2022 $3,790 $405,136 $259,058 $146,078
2021 $3,061 $300,740 $172,094 $128,646
2020 $2,992 $294,343 $176,130 $118,213
2019 $2,948 $287,024 $162,792 $124,232
2018 $2,881 $274,241 $142,486 $131,755
2017 $2,907 $272,148 $0 $0
2016 $2,795 $271,469 $0 $0
2015 $2,566 $225,075 $0 $0
2014 $2,850 $243,248 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joyce Craul

    Seller's Agent in 2021

    Joyce Craul

    Expert Realty LLC (HQ)

    (305) 509-3172

    42 Total Sales

    Joyce Craul
    Section Image
  • Justyn Ewald

    Seller Co-Listing Agent in 2021

    Justyn Ewald

    Expert Realty LLC (HQ)

    (305) 587-7330

    162 Total Sales

    Justyn Ewald
    Section Image
  • Heather Mason

    Seller's Agent in 2018

    Heather Mason

    Coastal Collection Real Estate Inc.

    (305) 395-9130

    57 Total Sales

    Heather Mason
    Section Image

  • M

    Buyer's Agent in 2018

    Michael Petro

    At Home in Key West, Inc.

    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 591255

Key West Association of REALTORS®

APN: 00072081-000120

Florida Monroe County Key West 33040

40 Merganser Ln, Key West, FL

Not Listed for Sale

Townhouses

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