NOT LISTED FOR SALE

43 Palm Dr Key West, FL 33040

Estimated Value: $401,000 - $617,000

1 Bed
1 Bath
300 Sq Ft
$1,724/Sq Ft Est. Value

Last Sold July 16, 2012

Last sale price $145,000 $483 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $3,008/month

50 Days on Market

Highlights

  • Home fronts a canal
  • Jalousie or louvered window
  • Vinyl Flooring
  • No HOA
  • 1-Story Property
  • 1-minute walk to Marathon Rotary Park

About This Home

As of July 2012

Charming canal front efficiency recently renovated on Bay Point, Saddlebunch Key. Home is on a clean canal with great boating access, heavy duty boat davits and seawall. Boat ramp on site. Two off street parking driveways. Makes for a perfect Key West Getaway, Site for a large RV or Rental Property! Bay Point also offers a county park with playground, tennis and basketball courts! (Year built is an estimate per owner.)

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 05/07/2012

Last Buyer's Agent

Maria Sanchez

Keys Real Estate Sales Corp (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $967

Year Built

  • Built in 1960

Lot Details

  • 2,984 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned URM - Urban Res Mobile Home District

Interior Spaces

  • 1 Full Bathroom
  • 300 Sq Ft Home
  • 1-Story Property
  • Jalousie or louvered window
  • Window Treatments
  • Vinyl Flooring
  • Canal Views

Kitchen

  • Oven
  • Range

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Davits
  • Rain Gutters

Additional Features

  • Ground Level
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Bay Point Trlr Pk Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$967

Year Built

Built in 1960

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 Seawall: Other
  • Document Count: 1
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Saddlebunch
  • K W Neighborhood: Outside of Key West
  • Mile Marker: 15.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 966.72
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1960
  • Alternate Key Number: 1207331
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 2984.00
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 300.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Window Treatments
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Oven, Range, Refrigerator
  • Floor: Vinyl
  • Windows/Doors: Jalousie Windows

Exterior Features

  • Dockage: Davits
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Rain Gutters
  • Roof: Combo Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2020
Sold by
Fraga Armando and Fraga Danaydez
Bought by
Fraga Armando
Current Estimated Value
$517,080

Purchase Details

Listed on
May 7, 2012
Closed on
Jul 16, 2012
Sold by
Finigan Dale and Finigan Lesley
Bought by
Fraga Armando and Fraga Danaydez
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Maria Sanchez
Keys Real Estate Sales Corp (KW)
List Price
$169,000
Sold Price
$145,000
Premium/Discount to List
-$24,000
-14.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$30,000
Interest Rate
6.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 22, 2005
Sold by
Baker Rae Bruce and Baker Marta
Bought by
Finigan Dale and Finigan Lesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.62%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 1, 1987
Bought by
Fraga Armando and Fraga Danaydez

Purchase Details

Closed on
Feb 1, 1976
Bought by
Fraga Armando and Fraga Danaydez
Source: Public Records

Range of Values:

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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
Fraga Armando -- None Available
Fraga Armando $145,000 None Available
Finigan Dale $165,000 Keys Title & Abstract Co
Fraga Armando $22,000 --
Fraga Armando $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fraga Armando $30,000
Previous Owner Finigan Dale $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2012 07/16/12 Sold $145,000 -14.2% $483 / Sq Ft
06/26/2012 06/26/12 Pending -- -- --
05/07/2012 05/07/12 For Sale $169,000 -- $563 / 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 $3,208 $423,755 $325,842 $97,913
2023 $3,208 $409,741 $320,023 $89,718
2022 $2,690 $274,147 $182,559 $91,588
2021 $2,486 $210,122 $128,737 $81,385
2020 $2,391 $209,491 $128,009 $81,482
2019 $2,289 $207,962 $129,464 $78,498
2018 $2,399 $257,032 $189,832 $67,200
2017 $2,163 $217,572 $0 $0
2016 $2,091 $204,996 $0 $0
2015 $1,876 $146,588 $0 $0
2014 $1,844 $142,564 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116443

Florida Keys Board of REALTORS®

APN: 00161780-000000