NOT LISTED FOR SALE

47 Coral Way Key West, FL 33040

Estimated Value: $680,000 - $734,193

2 Beds
2.5 Baths
1,074 Sq Ft
$661/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $460,000 $428 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,594/month

351 Days on Market

Highlights

  • Concrete Pool
  • Deck
  • Shutters
  • Clubhouse
  • Balcony
  • Electric Gate

About This Home

As of July 2021

This 2 story townhome is built on stilts provides ample parking underneath. Home is in a gated community Coral Hammock which has a total of 55 units. Just a few minutes from Key West. This community offers a resort style pool , recreation room and an exercise room. The home itself offers Two bedrooms Two full bathrooms and a half bath. Tiles floors on the first level and carpeting in the 2nd floor. This unit first floor is solid poured concrete.

Last Agent to Sell the Property

Louis Paez

Coldwell Banker Schmitt Real Estate Co. (KW) License #3029661 Listed on: 06/04/2020

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Melissa Zielinski

Coastal Collection Real Estate Inc. License #3433984

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,967

Year Built

  • Built in 2004

Lot Details

  • 915 Sq Ft Lot

HOA Fees

  • $440 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 1,074 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Single Hung Windows

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • Covered Parking
  • Electric Gate
  • Off-Street Parking

Outdoor Features

  • Concrete Pool
  • Balcony
  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption

Community Details

Overview

  • Association fees include common area mnt, security
  • Maloney Sub Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: 2 pets 35lb max

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,967

Year Built

Built in 2004

Lot Details

0

HOA Fees

$440 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 440.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Security
  • Handicap Access: No
  • Key Island: Stock Island
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Community Pool
  • Pets W Restrictions: 2 pets 35lb max
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 1967.00
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Off Street Parking
  • Year Built: 2004
  • Alternate Key Number: 9077371
  • Building Style: Townhouse
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 915.00
  • Pool Info: Concrete
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 1074.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Smoke Alarms
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Microwave, Refrigerator, Range
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: 2 Less Than 5 Acres
  • Acres: 0.02

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 12, 2021
Sold by
Liberatore Steven Corbett and Liberatore Kasey Williams
Bought by
Zielinkski Michael and Zielinkski Melissa Ruiz
Seller's Agent
Louis Paez
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Melissa Zielinski
Coastal Collection Real Estate Inc.
List Price
$474,000
Sold Price
$460,000
Premium/Discount to List
-$14,000
-2.95%
Current Estimated Value
$709,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,548
Avg. Annual Appreciation
10.74%
Original Mortgage
$437,000
Outstanding Balance
$396,510
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$313,038

Purchase Details

Closed on
Apr 19, 2016
Sold by
Liberatore Steven
Bought by
Williams Liberatore Steven Corbett and Williams Liberatore Kasey

Purchase Details

Closed on
Sep 20, 2004
Sold by
Coral Hammock Llc
Bought by
Liberatore Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,136
Interest Rate
6.55%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Zielinkski Michael $460,000 Attorney
Williams Liberatore Steven Corbett -- None Available
Liberatore Steven $304,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zielinkski Michael $437,000
Previous Owner Liberatore Steven $274,136
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2021 07/13/21 Sold $460,000 -3.0% $428 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
12/13/2020 12/13/20 For Sale $474,000 +3.0% $441 / Sq Ft
12/04/2020 12/04/20 Off Market $460,000 -- --
08/06/2020 08/06/20 Price Changed $474,000 -4.0% $441 / Sq Ft
06/04/2020 06/04/20 For Sale $494,000 -- $460 / 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 $4,707 $582,897 $320,265 $262,632
2023 $4,707 $566,173 $335,572 $230,601
2022 $4,065 $426,453 $193,101 $233,352
2021 $3,946 $387,413 $167,668 $219,745
2020 $2,093 $223,846 $0 $0
2019 $2,049 $218,814 $0 $0
2018 $2,050 $214,735 $0 $0
2017 $1,987 $210,319 $0 $0
2016 $1,995 $205,994 $0 $0
2015 $2,055 $204,562 $0 $0
2014 $2,111 $202,938 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591125

Florida Keys Board of REALTORS®

APN: 00124100-000124