NOT LISTED FOR SALE

48 Bay Dr Key West, FL 33040

Estimated Value: $916,000 - $1,096,000

3 Beds
2 Baths
1,378 Sq Ft
$711/Sq Ft Est. Value

Last Sold April 04, 2016

Last sale price $425,000 $308 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $6,085/month

102 Days on Market

Highlights

  • Ocean Front
  • Granite Countertops
  • Storage
  • In Ground Pool
  • No HOA
  • 1-minute walk to Marathon Rotary Park

About This Home

As of April 2016

Handy Man's Dream - Enjoy easy living in this ground level canal-front home. New owner will have the opportunity to create their own magic with this blank canvas. Looking for your own private piece of paradise, then check out the large backyard with mature landscape? Sun, swim, entertain friends and family in the sunny pool. A Concrete seawall will accommodate up to 24' Carolina Skiff or Whaler. Slip out and spend your day playing in the Ocean or Gulf. Peaceful and quiet neighborhood with community pet-friendly park, tennis, bocce court, and newly installed playground. Perfect for a Waterfront Vacation or Annual Rental!

Last Agent to Sell the Property

Leigh Roach

Truman & Co. (KW) Listed on: 12/14/2015

Last Buyer's Agent

Thomas Mack

SBX Real Estate, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,731

Year Built

  • Built in 1972

Lot Details

  • 0.27 Acre Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Property Views

  • Ocean
  • Gulf
  • Canal

Home Design

  • Metal Roof

Interior Spaces

  • 1,378 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Storage
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool

Outdoor Features

  • Shed
  • Rain Gutters

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Propane

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,731

Year Built

Built in 1972

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
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: 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: FHA
  • Selling Info: Thanks Tommy
  • Side: Ocean
  • State Province: FL
  • Taxes: 3731.00
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1972
  • Alternate Key Number: 1206105
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 11888.00
  • Pool Info: Fiberglass, In Ground
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1378.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Microwave, Gas Appliances, Dryer
  • Floor: Laminate, Other
  • Windows/Doors: Aluminum Windows, Single Hung Windows
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Bay Front, Oceanfront, Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Rain Gutters, Shed, Storage
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Ocean View, Canal View
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.27

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2015
Closed on
Apr 4, 2016
Sold by
Ggh 36 Llc
Bought by
Shea Shawn P and Sacco Lisa M
Seller's Agent
Leigh Roach
Truman & Co. (KW)
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Current Estimated Value
$1,054,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,565
Avg. Annual Appreciation
9.40%
Original Mortgage
$417,302
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2012
Sold by
Perpat Llc
Bought by
Ggh 36 Llc

Purchase Details

Closed on
Mar 20, 2012
Sold by
County Of Monroe
Bought by
Perpat Llc

Purchase Details

Closed on
Mar 16, 2012
Sold by
Johnson Thomas W and Johnson Carrie C
Bought by
Midwest Llc

Purchase Details

Closed on
May 21, 2003
Sold by
Todd Robert A and Todd Mary Jane
Bought by
Johnson Thomas W and Johnson Carrie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 1, 1973
Bought by
Shea Shawn P
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
Shea Shawn P $425,000 Attorney
Ggh 36 Llc $218,500 Attorney
Perpat Llc $202,000 None Available
Midwest Llc -- None Available
Johnson Thomas W $290,000 Chicago Title Of The Florida
Shea Shawn P $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sacco Lisa M $470,000
Closed Shea Shawn P $417,302
Previous Owner Johnson Thomas W $452,192
Previous Owner Johnson Thomas W $23,700
Previous Owner Johnson Thomas W $169,200
Previous Owner Johnson Thomas W $150,000
Previous Owner Johnson Thomas W $256,600
Previous Owner Johnson Thomas W $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2016 04/04/16 Sold $425,000 -5.6% $308 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
12/14/2015 12/14/15 For Sale $450,000 -- $327 / 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 $3,732 $416,504 -- --
2023 $3,732 $404,373 $0 $0
2022 $3,631 $392,596 $0 $0
2021 $3,720 $381,162 $0 $0
2020 $3,699 $375,900 $0 $0
2019 $3,630 $367,449 $235,418 $132,031
2018 $3,656 $361,772 $229,976 $131,796
2017 $4,088 $369,648 $0 $0
2016 $3,884 $380,585 $0 $0
2015 $3,731 $352,721 $0 $0
2014 $3,740 $367,369 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122545

Florida Keys Board of REALTORS®

APN: 00160530-000000