NOT LISTED FOR SALE

47 Bay Dr Key West, FL 33040

Estimated Value: $988,000 - $1,787,000

2 Beds
2 Baths
1,200 Sq Ft
$1,193/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $740,000 $617 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $9,290/month

112 Days on Market

Highlights

  • Ocean Front
  • Fruit Trees
  • No HOA
  • Concrete Pool
  • Cathedral Ceiling
  • 1-minute walk to Marathon Rotary Park

About This Home

As of April 2016

REIMAGINE this Island Home! Is the thought of living in a Tropical Paradise something of a daydream? Let your imagination take you away with the endless possibilities of this sunrise open water view property and CREATE your dream home. Concrete block construction, two bedroom, two bath, vaulted ceiling and split floor plan. Custom 8' deep Black Bottom Pool with amazing Waterfall and Hot Tub feature. Boat basin, trailer storage and wood dock. Easy access to the Gulf and Atlantic with your Carolina Skiff or Boston Whaler. Spacious lot will accommodate an impressive expansion. Plenty of off street parking as well as RV storage space. Located in one of the best kept Secret neighborhoods only minutes from Key West. Ride your bike or stroll to the local coffee shop, neighborhood tennis court an

Last Agent to Sell the Property

Leigh Roach

Truman & Co. (KW) Listed on: 12/02/2015

Last Buyer's Agent

Dan Serban

Florida Keys Realty Group, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,513

Year Built

  • Built in 1982

Lot Details

  • 0.33 Acre Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Fenced
  • Fruit Trees
  • Property is zoned IS - Improved Subivision District

Property Views

  • Ocean
  • Gulf

Home Design

  • Metal Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Sliding Doors
  • Complete Roll Down Shutters

Kitchen

  • Oven
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Electric Gate
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Screened Balcony
  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Bay Point Amd & 1St Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,513

Year Built

Built in 1982

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
  • Document Count: 2
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Saddlebunch
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 15.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Other Terms
  • Selling Info: Thanks Dan!
  • Side: Ocean
  • State Province: FL
  • Taxes: 5513.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Covered Parking, Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1982
  • Alternate Key Number: 1206482
  • Building Style Stilt Column Height: LZVZI459X2Q
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 14213.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio, Screened P/B
  • Shutters: Other, Roll Down Manual
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1200.00
  • Pool Info Other: Eq Incld;
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Pantry, Fireplace(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Microwave, Oven, Refrigerator
  • Floor: Carpet, Vinyl
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Basin, Other Dockage
  • Waterfront: Bay Front, Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Shed, Storage, Outdoor Shower, Lighting, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Community Swr Plant, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.33

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2020
Sold by
Pines At Bay Point Llc
Bought by
Unsworth Stephen A and Unsworth Shona M
Current Estimated Value
$1,527,013

Purchase Details

Listed on
Dec 2, 2015
Closed on
Apr 4, 2016
Sold by
Revocabl Urbanik Elsie Faraldo and Revocabl Elsie Faraldo Urbanik
Bought by
Flore Laura M
Seller's Agent
Leigh Roach
Truman & Co. (KW)
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$805,000
Sold Price
$740,000
Premium/Discount to List
-$65,000
-8.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$555,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 11, 1999
Sold by
Gates Elsie Faraldo
Bought by
Urbanik Elsie F

Purchase Details

Closed on
Feb 1, 1977
Bought by
Flore Laura M
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
Unsworth Stephen A -- Attorney
Flore Laura M $740,000 Attorney
Urbanik Elsie F -- --
Flore Laura M $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flore Laura M $555,000
Previous Owner Urbanik Elsie Faraldo $100,000
Previous Owner Urbanik Elsie Faraldo $400,000
Previous Owner Urbanik Elsie F $86,000
Previous Owner Urbanik Elsie F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $740,000 -8.1% $617 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $805,000 -- $671 / 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 $11,158 $1,365,289 $1,105,040 $260,249
2023 $11,158 $1,787,453 $1,535,424 $252,029
2022 $8,824 $1,145,393 $889,848 $255,545
2021 $8,081 $876,636 $645,576 $231,060
2020 $7,283 $745,881 $535,072 $210,809
2019 $7,135 $726,988 $505,992 $220,996
2018 $6,860 $677,769 $500,176 $177,593
2017 $6,608 $657,498 $0 $0
2016 $5,763 $617,888 $0 $0
2015 -- $536,746 $0 $0
2014 -- $595,532 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Leigh Roach

    Truman & Co. (KW)

  • D

    Buyer's Agent in 2016

    Dan Serban

    Florida Keys Realty Group, LLC (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122493

Florida Keys Board of REALTORS®

APN: 00160910-000000

Florida Monroe County Key West 33040

47 Bay Dr, Key West, FL

This home is located at 47 Bay Dr, Key West, FL 33040 since 02 December 2015 and is currently estimated at $1,431,254, approximately $1,192 per square foot. This property was built in 1982. 47 Bay Dr is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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