NOT LISTED FOR SALE

40 Spoonbill Way Unit 2 Key West, FL 33040

Estimated Value: $867,000 - $899,408

3 Beds
3 Baths
1,620 Sq Ft
$545/Sq Ft Est. Value

About This Home

This home is located at 40 Spoonbill Way Unit 2, Key West, FL 33040 and is currently estimated at $882,102, approximately $544 per square foot. 40 Spoonbill Way Unit 2 is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and Grace Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Nauman Thomas L and Nauman Susan E
Bought by
Frink Robert James
Current Estimated Value
$882,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,000
Outstanding Balance
$553,690
Interest Rate
6.91%
Mortgage Type
VA
Estimated Equity
$328,412

Purchase Details

Closed on
Apr 6, 2021
Sold by
Schmiegel Larry C
Bought by
Nauman Thomas L and Nauman Susan E

Purchase Details

Closed on
Jun 15, 2017
Sold by
Wilson Robert and Wilson Jennifer
Bought by
Schmiegel Larry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,050
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2013
Sold by
Watson Edgar and Watson Marie A
Bought by
Wilson Robert and Wilson Jennifer

Purchase Details

Closed on
Apr 4, 2004
Sold by
Patterson James B
Bought by
Watson Edgar and Watson Marie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2001
Sold by
Robert L Dowell I
Bought by
Patterson James B

Purchase Details

Closed on
Jul 20, 1999
Sold by
Key West Golf Club Development Inc
Bought by
Dowell Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Frink Robert James $875,000 None Listed On Document
Frink Robert James $875,000 None Listed On Document
Nauman Thomas L $669,000 Attorney
Schmiegel Larry C $519,000 First Intl Title Inc
Wilson Robert $459,000 None Available
Watson Edgar $519,500 --
Patterson James B $375,000 --
Dowell Robert L $281,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frink Robert James $557,000
Closed Frink Robert James $557,000
Previous Owner Schmiegel Larry C $493,050
Previous Owner Watson Edgar $333,700
Previous Owner Dowell Robert L $100,000
Closed Watson Edgar $70,300
Source: Public Records

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 $6,453 $786,039 $435,390 $350,649
2023 $6,453 $771,171 $435,390 $335,781
2022 $5,598 $624,174 $284,880 $339,294
2021 $3,887 $435,688 $189,247 $246,441
2020 $4,003 $450,414 $0 $0
2019 $3,942 $440,288 $0 $0
2018 $3,937 $432,079 $184,809 $247,270
2017 $3,740 $363,011 $0 $0
2016 $4,264 $419,431 $0 $0
2015 $3,954 $364,224 $0 $0
2014 $4,306 $383,319 $0 $0
Source: Public Records

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