NOT LISTED FOR SALE

45 Cypress Ave Key West, FL 33040

Estimated Value: $2,241,000 - $3,036,900

3 Beds
2 Baths
2,654 Sq Ft
$1,012/Sq Ft Est. Value

Last Sold August 02, 2013

Last sale price $699,000 $263 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $15,977/month

266 Days on Market

Highlights

  • Lake Front
  • Concrete Pool
  • Jalousie or louvered window
  • Boat Lift
  • No HOA
  • Tile Flooring

About This Home

As of August 2013

Fantastic opportunity to own a large home on 14,000 sq ft. lot on the prestigous Cypress Lake. Home is original condition with 3 bedrooms and 2 bath. Large great room that opens to outside porch, leading to the water. 120Ft of concrete seawall, with lots of wooden decking and large pool. Property is completely private with high concrete wall. Great renovation opportunity...property offers wonderful potential.

Last Agent to Sell the Property

Suzanne Moore

Truman & Co. (KW) Listed on: 10/22/2012

Last Buyer's Agent

Dina Schoneck

Florida Keys Real Estate Company (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,173

Year Built

  • Built in 1978

Lot Details

  • 0.31 Acre Lot
  • Lake Front
  • Privacy Fence
  • Property is zoned IS - Improved Subivision District

Parking

  • 4 Car Garage

Interior Spaces

  • 2,654 Sq Ft Home
  • 1-Story Property
  • Jalousie or louvered window
  • Sliding Doors
  • Tile Flooring
  • Lake Views

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • Concrete Pool
  • Outdoor Shower

Outdoor Features

  • Davits
  • Boat Lift

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Key Haven 8Th Add Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,173

Year Built

Built in 1978

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
  • Control Depth: 5
  • Dockage Dock: Other
  • Dockage Seawall: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: Yes
  • Key Island: Key Haven
  • K W Neighborhood: Outside of Key West
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 8173.28
  • Vehicle Storage: Garage
  • Vehicle Storage Cars: 4+
  • Year Built: 1978
  • Alternate Key Number: 1173100
  • Cooling Heating: Central Air
  • Lot Sq Ft: 13650.00
  • Pool Info: Concrete
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 2654.00
  • Pool Info Other: YES
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Oven, Range, Refrigerator
  • Floor: Tile
  • Windows/Doors: Jalousie Windows, Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Boat Lift, Davits
  • Waterfront: Lake Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Outdoor Shower, Privacy Wall/Fence
  • Waterview: Lake View
  • Pool: Yes

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.31

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2012
Closed on
Jul 19, 2013
Sold by
Bader Tom W
Bought by
Brasovan Louis
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
Dina Schoneck
Florida Keys Real Estate Company (KW)
List Price
$699,000
Sold Price
$699,000
Current Estimated Value
$2,684,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,985,725
Avg. Annual Appreciation
11.55%

Purchase Details

Closed on
Jan 13, 2006
Sold by
Wells Joe D
Bought by
Bader Tom W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,074,500
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2000
Sold by
Rymer Hoyle and Rymer Sharon S
Bought by
Wells Joe D and Wells Elizabeth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.96%

Purchase Details

Closed on
Aug 3, 1999
Sold by
Sedley Ronald A
Bought by
Rymer Hoyle and Rymer Sharon S

Purchase Details

Closed on
Mar 1, 1990
Bought by
Brasovan Louis

Purchase Details

Closed on
Jun 1, 1983
Bought by
Brasovan Louis
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
Brasovan Louis $699,000 Attorney
Bader Tom W $1,535,000 None Available
Wells Joe D $705,000 --
Rymer Hoyle $650,000 --
Brasovan Louis $430,000 --
Brasovan Louis $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bader Tom W $1,074,500
Previous Owner Wells Joe D $300,000
Previous Owner Rymer Hoyle $100,000
Previous Owner Rymer Hoyle $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2013 08/02/13 Sold $699,000 0.0% $263 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
10/22/2012 10/22/12 For Sale $699,000 -- $263 / 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 $13,782 $2,068,277 $1,490,580 $577,697
2023 $13,782 $1,859,947 $1,304,258 $555,689
2022 $12,134 $1,527,402 $958,230 $569,172
2021 $11,002 $1,160,978 $665,438 $495,540
2020 $11,281 $1,179,630 $665,438 $514,192
2019 $10,501 $1,090,425 $665,438 $424,987
2018 $10,006 $1,007,529 $657,452 $350,077
2017 $9,259 $937,642 $0 $0
2016 $8,805 $863,195 $0 $0
2015 $8,801 $830,972 $0 $0
2014 $8,389 $755,629 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 117106

Florida Keys Board of REALTORS®

APN: 00138930-000000