NOT LISTED FOR SALE

48 Blue Water Dr Key West, FL 33040

Estimated Value: $941,000 - $1,173,000

3 Beds
2 Baths
1,587 Sq Ft
$657/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $470,000 $296 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $5,727/month

28 Days on Market

Highlights

  • Dock made with wood
  • Deck
  • No HOA
  • Home fronts a canal
  • Granite Countertops
  • 1-minute walk to Bay Point Park Playground

About This Home

As of August 2016

PRIVATE location at this waterfront retreat. Completely fenced and lots of mature trees with canal side tiki bar and large deck make this island dream home a fantastic location for outdoor living and entertaining. Over 1500 sq. ft 3bd/2ba, large master suite, galley kitchen with stainless/granite and tile throughout. Paver driveway, lots of decks and fabulous landscaping. This is a must see!

Last Agent to Sell the Property

Tommy & Kathleen Gomez

2150 Listed on: 04/08/2016

Last Buyer's Agent

025597 025597

Florida Keys Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,967

Year Built

  • Built in 1958

Lot Details

  • 6,100 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Parking

  • Off-Street Parking

Interior Spaces

  • 1,587 Sq Ft Home
  • Bar
  • Ceiling Fan
  • French Doors
  • Tile Flooring
  • Canal Views
  • Complete Accordion Shutters
  • Washer

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Dock made with wood
  • Balcony
  • Deck

Location

  • Ground Level

Utilities

  • Central Air
  • Propane
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Saddlebunch Shores Subdivision
  • Rental Restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,967

Year Built

Built in 1958

Lot Details

6,100 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Saddlebunch
  • Limited Representation: No
  • Mile Marker: 14.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Ocean
  • State Province: FL
  • Taxes: 3966.79
  • Vehicle Storage: Off Street Parking
  • Year Built: 1958
  • Alternate Key Number: 1205311
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6100.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Accordion
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1587.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Microwave
  • Floor: Tile
  • Windows/Doors: French Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Combo Construction
  • Exterior Features: Bar, Outdoor Shower
  • Roof: Other Roof
  • Waterview: Canal View

Utilities

  • Utilities: FKAA, Municipal Sewer, Propane

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2019
Sold by
Wyse James M and Wyse Evelyn T
Bought by
Heimann Amber M
Current Estimated Value
$1,042,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Outstanding Balance
$311,722
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$730,433

Purchase Details

Listed on
Apr 8, 2016
Closed on
Jul 6, 2016
Sold by
Pariente Christina L
Bought by
Wyse James M and Wyse Evelyn M
Seller's Agent
Tommy & Kathleen Gomez
2150
Buyer's Agent
025597 025597
Florida Keys Real Estate Co. (KW)
List Price
$490,000
Sold Price
$470,000
Premium/Discount to List
-$20,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$376,000
Interest Rate
3.45%
Mortgage Type
VA

Purchase Details

Closed on
Jan 21, 2015
Sold by
Hartman Christina and Pariente Alexandre M
Bought by
Pariente Christina L

Purchase Details

Closed on
Nov 30, 2012
Sold by
Sigler Christian
Bought by
Hartman Christina

Purchase Details

Closed on
Mar 19, 2009
Sold by
Bankunited Fsb
Bought by
Sigler Christian A and Sigler Christina Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,113
Interest Rate
5.13%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2008
Sold by
Hooper William Leroy and Hooper Tara
Bought by
Bankunited Fsb

Purchase Details

Closed on
Nov 30, 2004
Sold by
Aviles Daniel John and Aviles Nina
Bought by
Hooper William Leroy and Hooper Tara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
0.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2001
Sold by
Giancarlo Mastroianni I
Bought by
Aviles Daniel J and Aviles Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 1997
Sold by
Spurlin Winton G and Spurlin Joan E
Bought by
Mastroianni Giancarlo
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

Date Buyer Sale Price Title Company
Heimann Amber M $550,000 Attorney
Wyse James M $470,000 None Available
Pariente Christina L -- Attorney
Hartman Christina $15,000 Attorney
Sigler Christian A $325,000 Attorney
Bankunited Fsb -- None Available
Bankunited Fsb -- None Available
Hooper William Leroy $605,000 First American Title Ins Co
Aviles Daniel J $298,000 --
Mastroianni Giancarlo $94,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heimann Amber M $357,500
Previous Owner Wyse James M $376,000
Previous Owner Sigler Christian A $319,113
Previous Owner Hooper William Leroy $484,000
Previous Owner Mastroianni Giancarlo $238,400
Previous Owner Mastroianni Giancarlo $37,720
Previous Owner Mastroianni Giancarlo $235,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $470,000 -4.1% $296 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $490,000 -- $309 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $4,299 $500,608 -- --
2024 $4,261 $486,500 -- --
2023 $4,261 $466,935 $0 $0
2022 $4,147 $453,335 $0 $0
2021 $4,257 $440,132 $212,158 $227,974
2020 $4,455 $457,935 $237,961 $219,974
2019 $5,160 $491,750 $263,764 $227,986
2018 $4,109 $414,170 $182,055 $232,115
2017 $4,065 $413,310 $0 $0
2016 $4,118 $361,729 $0 $0
2015 $4,028 $338,411 $0 $0
2014 $4,028 $323,607 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 570527

Florida Keys Board of REALTORS®

APN: 00159750-000000

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