NOT LISTED FOR SALE

407 Cactus Dr Key West, FL 33040

Estimated Value: $1,345,000 - $1,561,423

3 Beds
2 Baths
2,304 Sq Ft
$619/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $1,250,000 $543 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,245/month

11 Days on Market

About This Home

As of August 2023

Two story CBS 3 bed 2 bath canal front elevated home located in the desirable Key Haven waterfront community.Key Haven offers deep water access and some of the widest canals ( 75- 100ft) to accommodate larger boats and toys.Minutes to Key West's best sandbars, fishing and diving spots.The elevated lot has a concrete seawall & davits. Metal roof with accordion shutters and plenty of parking. Cash or Portfolio loans only as home has some concrete spalling.

Last Agent to Sell the Property

Sean Farrer

Coldwell Banker Schmitt Real Estate Co. (KW) License #3168212 Listed on: 06/30/2023

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Stacey Pillari

Coldwell Banker Schmitt RE Co.

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,734

Year Built

1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock Length: 60
  • Dockage Seawall: Concrete
  • Document Count: 2
  • Fee Includes: None
  • Key Island: Key Haven
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 6756.78
  • Vehicle Storage: Off Street Parking
  • Year Built: 1986
  • Alternate Key Number: 1172529
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 6000.00
  • Porch Balcony: Patio
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2304.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: No Appliances
  • Floor: Tile, Concrete, Vinyl
  • Specialty Rooms: Laundry Room, Workshop
  • Windows/Doors: Aluminum Windows, Casement
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Davits, Davit Pads
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Rain Gutters
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00138330-000000
  • Lot Size: 60 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 11, 2023
Sold by
Robert W Schenk Irrevocable Trust
Bought by
Mac Key West Llc
Seller's Agent
Sean Farrer
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Stacey Pillari
Coldwell Banker Schmitt RE Co.
List Price
$1,225,000
Sold Price
$1,250,000
Premium/Discount to List
$25,000
2.04%
Views
45
Current Estimated Value
$1,426,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,606
Avg. Annual Appreciation
9.30%

Purchase Details

Closed on
Sep 19, 2016
Sold by
Schenk Robert W
Bought by
Risner William and Risner Kristie

Purchase Details

Closed on
Aug 18, 2016
Sold by
Schenk Robert W
Bought by
Risner William and Risner Kriastie

Purchase Details

Closed on
Mar 1, 2012
Sold by
Dehaven H Robert and Dehaven Mary C
Bought by
Schenk Robert W

Purchase Details

Closed on
Feb 1, 1977
Bought by
Schenk Robert W
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
Mac Key West Llc $1,250,000 None Listed On Document
Risner William -- None Available
Risner William -- None Available
Schenk Robert W $358,500 None Available
Schenk Robert W $14,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $1,250,000 +2.0% $543 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $1,225,000 -- $532 / 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 $7,734 $1,170,172 $907,200 $262,972
2023 $7,734 $1,045,785 $793,800 $251,985
2022 $6,757 $836,373 $583,200 $253,173
2021 $6,167 $630,859 $405,000 $225,859
2020 $5,778 $582,609 $405,000 $177,609
2019 $5,809 $583,766 $405,000 $178,766
2018 $5,884 $575,516 $400,140 $175,376
2017 $5,428 $532,734 $0 $0
2016 $5,143 $487,704 $0 $0
2015 $5,067 $473,620 $0 $0
2014 $4,774 $413,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sean Farrer

    Seller's Agent in 2023

    Sean Farrer

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 924-0700

    143 Total Sales

    Sean Farrer
    Section Image

  • S

    Buyer's Agent in 2023

    Stacey Pillari

    Coldwell Banker Schmitt RE Co.

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Map

Source: Key West Association of REALTORS®

MLS Number: 605835

Key West Association of REALTORS®

APN: 00138330-000000

Florida Monroe County Key West 33040

407 Cactus Dr, Key West, FL

This home is located at 407 Cactus Dr, Key West, FL 33040 since 30 June 2023 and is currently estimated at $1,426,606, approximately $619 per square foot. This property was built in 1986. 407 Cactus Dr is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and Sigsbee Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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