NOT LISTED FOR SALE

42 Key Haven Rd Key West, FL 33040

Estimated Value: $1,666,000 - $1,810,000

5 Beds
3 Baths
2,740 Sq Ft
$636/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $625,000 $228 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $9,910/month

145 Days on Market

Highlights

  • Home fronts a canal
  • Stainless Steel Appliances
  • Central Air
  • No HOA
  • Tile Flooring

About This Home

As of May 2015

Spacious waterfront home located on beautiful Key Haven. This home offers 2740 sf of living area with 5 bedrooms and 3 baths. Included is a separate mother-in-law unit great for extended family or guests. Home has had recent updates including granite counter tops, new Kohler kitchen sink and hardware, wood floors in dining room and guest quarters, freshly painted kitchen, Florida Room and more. Tile floors throughout, brushed stainless steel appliances, new roof & central AC system in 2006. Concrete dock with step down access to boat overlook the peaceful wide canal with great boating access to the majestic Atlantic Ocean.

Last Agent to Sell the Property

Tina Masters

Coldwell Banker Schmitt Real Estate Co. (KW) License #683327 Listed on: 12/22/2014

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Scott Forman

ICAMCO Real Estate Inc. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,794

Year Built

  • Built in 1972

Lot Details

  • 7,450 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 2,740 Sq Ft Home
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Ground Level
  • Central Air

Community Details

  • No Home Owners Association
  • Key Haven 2Nd Add Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,794

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Dockage Dock: Other
  • Financial Status Potential Short Sale: No
  • Key Island: Key Haven
  • K W Neighborhood: Outside of Key West
  • Mile Marker: 6.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6793.92
  • Vehicle Storage: Off Street Parking
  • Year Built: 1972
  • Alternate Key Number: 1169315
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 7450.00
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 2740.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Range, Oven
  • Floor: Tile
  • Total Bedrooms: 5

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Shingle Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Tax Info

  • Tax Year: 2007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2014
Closed on
May 29, 2015
Sold by
Fgp & Key West Llc
Bought by
Norris John W
Seller's Agent
Tina Masters
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Scott Forman
ICAMCO Real Estate Inc. (KW)
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%
Total Days on Market
145
Current Estimated Value
$1,741,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,116,429
Avg. Annual Appreciation
10.71%
Original Mortgage
$625,000
Outstanding Balance
$491,593
Interest Rate
3.79%
Mortgage Type
Stand Alone First
Estimated Equity
$1,257,018

Purchase Details

Closed on
Jun 30, 2009
Bought by
Norris John W

Purchase Details

Closed on
Jun 25, 2009
Sold by
Felton James E and Vickers Mary Felton
Bought by
Fgp Key West Llc

Purchase Details

Closed on
May 3, 2002
Sold by
James E Felton I
Bought by
Felton James E

Purchase Details

Closed on
Mar 24, 1999
Sold by
Bell Tony J and Bell E
Bought by
Felton James E and Felton Marcella

Purchase Details

Closed on
Jun 30, 1997
Sold by
Max Max I and Max Morphew B
Bought by
Bell Tony J and Bell Laura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.93%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 1, 1992
Bought by
Norris John W

Purchase Details

Closed on
Jun 1, 1980
Bought by
Norris John W

Purchase Details

Closed on
Jul 1, 1979
Bought by
Norris John W
Source: Public Records

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Range of Values:

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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
Norris John W $625,000 Attorney
Norris John W $100 --
Fgp Key West Llc -- Attorney
Felton James E -- --
Felton James E $350,000 --
Bell Tony J $285,000 --
Norris John W $246,500 --
Norris John W -- --
Norris John W $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norris John W $51,600
Closed Norris John William $51,600
Open Norris John W $625,000
Previous Owner Bell Tony J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $625,000 -10.6% $228 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
12/22/2014 12/22/14 For Sale $699,000 -- $255 / 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 $4,061 $481,396 -- --
2023 $4,061 $467,375 $0 $0
2022 $3,946 $453,763 $0 $0
2021 $4,057 $440,547 $0 $0
2020 $4,035 $434,465 $0 $0
2019 $3,956 $424,697 $0 $0
2018 $3,977 $416,779 $0 $0
2017 $3,860 $408,207 $0 $0
2016 $3,885 $399,811 $0 $0
2015 $6,599 $612,998 $0 $0
2014 $6,452 $572,395 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120836

Florida Keys Board of REALTORS®

APN: 00135010-000000