NOT LISTED FOR SALE

46 Palm Dr Key West, FL 33040

Estimated Value: $696,528 - $823,000

3 Beds
2 Baths
1,200 Sq Ft
$639/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2021

Last sale price $509,000 $424 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,486 / mo

3 Days on Market

Highlights

  • Water Views
  • Stainless Steel Appliances
  • Impact Glass
  • No HOA
  • Balcony
  • 1-minute walk to Marathon Rotary Park

About This Home

As of May 2021

Bright and Sunny 3 Bedroom 2 Bathroom home with Open Water Views! The large Kitchen with gorgeous Dekton countertops, stainless-steel appliances, upgraded cabinetry, a Breakfast Bar and Dining Area will impress, as will the Master Suite with a large luxurious Bathroom and loads of storage. Relax in the Living Area with Open Water views of the Sound! Additional features include easy care ceramic tile, crown molding throughout, a UV Whole House Air Purifier, and generator connection to the laundry room. Underneath this elevated home you'll find covered parking, storage room for all your toys, and a 30amp Shore Power outlet for a boat or an RV. Take a morning stroll to Baby's Coffee for a cup of brew, or pickup lunch at the Bayfront Market. Only a short drive to the magic of Key West.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt Real Estate Co License #605677 Listed on: 02/10/2021

Coldwell Banker Schmitt Real Estate Co

Last Buyer's Agent

Marilyn Wilbarger

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3218077

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,546

Year Built

  • Built in 2015

Lot Details

  • 2,800 Sq Ft Lot
  • Property is zoned URM - Urban Res Mobile Home District

Home Design

  • Metal Roof
  • HardiePlank Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Water Views
  • Impact Glass

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Open Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Bay Point Trlr Pk Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00162800-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,546

Year Built

Built in 2015

Lot Details

2,800 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Saddlebunch
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 15.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 2546.20
  • Title: Negotiable
  • Vehicle Storage: Carport, Covered Parking, Open Parking
  • Year Built: 2015
  • Alternate Key Number: 1208329
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 2800.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1200.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Modular, Hardi Board Siding
  • Roof: Metal Roof
  • Waterview: Open Water View

Utilities

  • Utilities: FKAA, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00162800-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
May 12, 2021
Sold by
Bought by
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
Buyer's Agent
Marilyn Wilbarger
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$499,000
Sold Price
$509,000
Premium/Discount to List
$10,000
2%
Current Estimated Value
$767,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,382
Avg. Annual Appreciation
8.28%
Original Mortgage
$483,550
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 13, 2018
Closed on
Aug 9, 2018
Sold by
Bought by
Seller's Agent
Miriam Novotny
Southernmost Realty (KW)
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
List Price
$475,000
Sold Price
$427,500
Premium/Discount to List
-$47,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$419,756
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2015
Closed on
Nov 4, 2015
Sold by
Bought by
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Real Estate Co
List Price
$399,000
Sold Price
$392,500
Premium/Discount to List
-$6,500
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$400,138
Interest Rate
0.0389%
Mortgage Type
VA

Purchase Details

Closed on
Mar 2, 2015
Sold by
Bought by

Purchase Details

Closed on
Feb 21, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 1987
Bought by

Purchase Details

Closed on
Feb 1, 1973
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$509,000 Attorney
$427,500 None Listed On Document
$392,500 Attorney
$120,000 None Available
-- --
$33,000 --
$5,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $483,550
Closed $415,293
Closed $419,756
Closed $419,756
Closed $398,570
Closed $400,138
Closed $5,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2021 05/12/21 Sold $509,000 +2.0% $424 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $499,000 +16.7% $416 / Sq Ft
08/09/2018 08/09/18 Sold $427,500 -10.0% $356 / Sq Ft View Prior Sale
06/27/2018 06/27/18 Pending -- -- --
05/13/2018 05/13/18 For Sale $475,000 +21.0% $396 / Sq Ft
11/04/2015 11/04/15 Sold $392,500 -1.6% $327 / Sq Ft View Prior Sale
09/22/2015 09/22/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $399,000 -- $333 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,384 $511,074 -- --
2024 $4,186 $496,671 -- --
2023 $4,186 $482,205 $0 $0
2022 $4,069 $468,161 $170,800 $297,361
2021 $2,972 $321,564 $0 $0
2020 $2,953 $317,125 $0 $0
2019 $2,894 $309,996 $115,500 $194,496
2018 $3,610 $337,141 $140,700 $196,441
2017 $3,331 $311,242 $0 $0
2016 $3,638 $333,460 $0 $0
2015 $1,261 $97,201 $0 $0
2014 $1,216 $88,047 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 594606

APN: 00162800-000000

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