NOT LISTED FOR SALE

412 Sunset Key Dr Key West, FL 33040

Estimated Value: $2,616,000 - $2,957,000

2 Beds
2.5 Baths
1,668 Sq Ft
$1,651/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $1,115,000 $668 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $16,919/month

32 Days on Market

Highlights

  • Ocean View
  • Beach
  • 4 Car Detached Garage
  • Dock Facilities
  • Marble Flooring
  • Walk-In Closet

About This Home

As of March 2014

Recently updated 2 bed/2.5 bath Residence on Sunset Key. 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 to and from Historic Downtown Key West, which is only 3 minutes away. Island Living does not get any better than this

Last Agent to Sell the Property

Robert Cardenas

Ocean Sotheby's International Realty Listed on: 02/17/2014

Last Buyer's Agent

Scott Forman

ICAMCO Real Estate Inc. (KW)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,326

Year Built

  • Built in 1996

Lot Details

  • 2,505 Sq Ft Lot
  • Fenced
  • Sprinkler System

HOA Fees

  • $1,164 Monthly HOA Fees

Property Views

  • Ocean
  • Gulf

Home Design

  • Half Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,668 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • French Doors
  • Sliding Doors
  • Storage
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Off-Street Parking

Outdoor Features

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

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 00000200-000541

Community Details

Overview

  • Association fees include common area mnt
  • Sunset Key Island Unrcd Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Beach
  • Tennis Courts

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,326

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
  • Document Count: 1
  • Fee Includes: Common Area Mnt, Other
  • 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, Fire Hydrant
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 8326.00
  • Vehicle Storage: Covered Parking, Off Street Parking, Garage, Detached
  • Vehicle Storage Cars: 4+
  • Year Built: 1996
  • Alternate Key Number: 9004744
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 2505.00
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1668.00
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Fire Sprinkler, Walk-in Closet(s), Window Treatments, Other, Storage, Smoke Alarms
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Oven, Dryer, Disposal
  • Floor: Marble, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Single Hung Windows, Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Dock Privileges, Other Dockage, First Come Dock
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Shed, Sprinkler System
  • 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: Yes
  • Flood Zone: Zone: X
  • Parcel Number: 00000200-000541
  • 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
Feb 17, 2014
Closed on
Mar 28, 2014
Sold by
Loeffler Robert D and Loeffler Gloria R
Bought by
412 Sunset Key Llc
Seller's Agent
Robert Cardenas
Ocean Sotheby's International Realty
Buyer's Agent
Scott Forman
ICAMCO Real Estate Inc. (KW)
List Price
$1,420,000
Sold Price
$1,115,000
Premium/Discount to List
-$305,000
-21.48%
Current Estimated Value
$2,754,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,639,520
Avg. Annual Appreciation
8.12%

Purchase Details

Closed on
Jun 27, 2013
Sold by
Palmer Michael and Palmer Melissa
Bought by
Loeffler Robert D and Loeffler Gloria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 13, 2008
Sold by
Lakewood Enterprises Inc
Bought by
Palmer Michael and Palmer Melissa

Purchase Details

Closed on
Oct 18, 2004
Sold by
Patsja Investment Co
Bought by
Lakewood Enterprises Inc

Purchase Details

Closed on
Aug 17, 2001
Bought by
412 Sunset Key Llc
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
412 Sunset Key Llc $1,115,000 None Available
Loeffler Robert D $1,115,000 Attorney
Palmer Michael $1,125,000 Attorney
Lakewood Enterprises Inc $1,000,000 --
412 Sunset Key Llc $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loeffler Robert D $615,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $1,115,000 -21.5% $668 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $1,420,000 -- $851 / 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 $16,044 $1,959,139 $1,277,381 $681,758
2023 $16,044 $1,933,322 $1,277,381 $655,941
2022 $14,558 $1,799,929 $1,136,726 $663,203
2021 $13,639 $1,508,704 $918,566 $590,138
2020 $13,128 $1,454,838 $858,285 $596,553
2019 $12,878 $1,461,254 $858,285 $602,969
2018 $11,951 $1,318,641 $832,451 $486,190
2017 $11,122 $1,209,024 $0 $0
2016 $10,513 $1,039,981 $0 $0
2015 $11,304 $1,091,263 $0 $0
2014 $7,731 $744,831 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Robert Cardenas

    Ocean Sotheby's International Realty

  • S

    Buyer's Agent in 2014

    Scott Forman

    ICAMCO Real Estate Inc. (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119388

Florida Keys Board of REALTORS®

APN: 00000200-000541

Florida Monroe County Key West 33040

412 Sunset Key Dr, Key West, FL

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