NOT LISTED FOR SALE

411 Sunset Key Dr Key West, FL 33040

Estimated Value: $2,595,880 - $3,194,000

2 Beds
2.5 Baths
1,668 Sq Ft
$1,697/Sq Ft Est. Value

Last Sold February 25, 2015

Last sale price $1,245,000 $746 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $17,373/month

266 Days on Market

Highlights

  • Ocean View
  • Beach
  • Clubhouse
  • Dock Facilities
  • Concrete Pool
  • Cathedral Ceiling

About This Home

As of February 2015

Immaculate 2 BD/2.5 BA Residence on Sunset Key with new Carrara Marble counter-top, new range/oven combo, new dishwasher, new flooring upstairs, & other recent improvements. Imagine being tucked away on your own island retreat, swimming on one of three beaches all less than a short one minute walk away. From this beautiful island cottage on Sunset Key Island, you will get a chance to watch the famous Key West Sunsets; walk to a great gourmet restaurant, full service spa, tennis courts, or exercise room. Sunset Key is a world class resort, and you have the opportunity to own your own private island home in one of the most unique and special places in the world. No cars; first class amenities; very convenient 24 hour access by island ferry.

Last Agent to Sell the Property

Robert Cardenas

Ocean Sotheby's International Realty Listed on: 05/28/2014

Last Buyer's Agent

Scott Forman

ICAMCO Real Estate Inc. (KW)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,432

Year Built

  • Built in 1996

Lot Details

  • 2,566 Sq Ft Lot
  • Fenced
  • Sprinkler System

HOA Fees

  • $1,164 Monthly HOA Fees

Parking

  • Detached Garage

Property Views

  • Ocean
  • Gulf

Home Design

  • Half Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,668 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Sliding Doors
  • Storage
  • Monitored

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • First Come-First Served Dock
  • Dock Facilities
  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 00000200-000540

Community Details

Overview

  • Association fees include common area mnt, security
  • Sunset Key Island Unrcd Subdivision

Recreation

  • Beach
  • Tennis Courts

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • Clubhouse
  • Complete Electric Power Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,432

Year Built

Built in 1996

Lot Details

0

HOA Fees

$1,164 per month

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 3492.12
  • Mandatory HOA: Yes
  • Dockage Dock: Other
  • Fee Includes: Common Area Mnt, Other, Security
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Sunset Key
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Other Area Features, Clubhouse
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 8432.00
  • Vehicle Storage: Covered Parking, Detached
  • Year Built: 1996
  • Alternate Key Number: 9006614
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 2566.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Other, Roll Down Manual, Roll Down Electric
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1668.00
  • Pool Info Other: Dip/Cocktail;Eq Incl
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Other, Walk-in Closet(s), Storage, Cathedral Ceilings
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Microwave, Refrigerator, Range, Dryer
  • Floor: Combo, Wood, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Dock Privileges, First Come Dock
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Shed, Sprinkler System, Lighting, Hot Tub
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Ocean View, Open Water View
  • Pool: No

Utilities

  • Security: Other, Patrolled Area
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00000200-000540
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Feb 25, 2015
Sold by
Arnold L Morgan and Arnold Phyllis S
Bought by
Kessler Thomas M and Kessler Danita A
Seller's Agent
Robert Cardenas
Ocean Sotheby's International Realty
Buyer's Agent
Scott Forman
ICAMCO Real Estate Inc. (KW)
List Price
$1,495,000
Sold Price
$1,245,000
Premium/Discount to List
-$250,000
-16.72%
Current Estimated Value
$2,830,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,585,720
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Jul 15, 2008
Sold by
Sunset Key Investments Llc
Bought by
Arnold L Morgan and Arnold Phyllis S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2004
Sold by
Lavin Magda
Bought by
Sunset Key Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2003
Sold by
Restrepo Jairo
Bought by
Lavin Magda

Purchase Details

Closed on
Dec 14, 2001
Bought by
Kessler Thomas M and Kessler Danita A
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
Kessler Thomas M $1,245,000 Attorney
Arnold L Morgan $1,150,000 None Available
Sunset Key Investments Llc $1,000,000 --
Lavin Magda -- --
Kessler Thomas M $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnold L Morgan $805,000
Previous Owner Sunset Key Investments Llc $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2015 02/25/15 Sold $1,245,000 -16.7% $746 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
05/28/2014 05/28/14 For Sale $1,495,000 -- $896 / 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 $16,706 $2,036,472 $1,302,528 $733,944
2023 $16,706 $2,010,288 $1,302,528 $707,760
2022 $15,168 $1,874,952 $1,159,104 $715,848
2021 $14,221 $1,575,174 $936,650 $638,524
2020 $13,705 $1,520,893 $875,182 $645,711
2019 $13,463 $1,528,081 $875,182 $652,899
2018 $12,483 $1,376,025 $848,839 $527,186
2017 $11,627 $1,264,824 $0 $0
2016 $10,995 $1,089,640 $0 $0
2015 $9,910 $1,006,790 $0 $0
2014 $9,580 $964,072 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119913

Florida Keys Board of REALTORS®

APN: 00000200-000540