NOT LISTED FOR SALE

48 Coral Way Key West, FL 33040

Estimated Value: $773,000 - $1,007,000

2 Beds
2.5 Baths
1,115 Sq Ft
$759/Sq Ft Est. Value

Last Sold April 08, 2014

Last sale price $369,000 $331 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $5,268/month

71 Days on Market

Highlights

  • Heated In Ground Pool
  • Cathedral Ceiling
  • Tile Flooring
  • Clubhouse
  • Electric Gate
  • Central Air

About This Home

As of April 2014

TRANSIENT LICENSE!!!! Located in the gated community of Coral Hammock, this lovely 2 bedroom and 2.5 bath is situated by the community pool. Relax in comfort on your balcony and enjoy the sights. The first floor features 9 foot ceilings, a spacious kitchen, living room, dining room and powder room. The second floor with vaulted ceilings offers two master bedrooms each with a private bath. Covered parking and lush landscaping make you feel at home in paradise.

Last Agent to Sell the Property

Robin Van Mater

Key West Sales, LLC License #654348 Listed on: 01/07/2014

Last Buyer's Agent

Terri Spottswood

Prudential Knight Keyside Bran

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,625

Year Built

  • Built in 2004

Lot Details

  • 970

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,115 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Electric Gate

Additional Features

  • Heated In Ground Pool
  • 970 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 00124100-000136

Community Details

Overview

  • Association fees include cable, common area mnt
  • Maloney Sub Subdivision

Amenities

  • Clubhouse

Pet Policy

  • Pet Restriction: YES

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,625

Year Built

Built in 2004

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 350.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Other, Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Stock Island
  • K W Neighborhood: Outside of Key West
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2625.00
  • Title: Negotiable
  • Vehicle Storage: Carport
  • Year Built: 2004
  • Alternate Key Number: 9077387
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 970.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1115.00
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Split Bedroom
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Microwave, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00124100-000136
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2014
Closed on
Apr 7, 2014
Sold by
Eng Gary
Bought by
Coral Hammock Rental Llc
Seller's Agent
Robin Van Mater
Key West Sales, LLC
Buyer's Agent
Terri Spottswood
Prudential Knight Keyside Bran
List Price
$369,000
Sold Price
$369,000
Current Estimated Value
$846,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,581
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
Dec 21, 2006
Sold by
Webb Edson E
Bought by
Eng Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 22, 2004
Sold by
Coral Hammock Llc
Bought by
Webb Edson E and Eng Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,200
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 7, 1998
Sold by
Wainwright Roy O and Wainwright Sandra D
Bought by
Scheu William and Scheu Barbara G
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
Coral Hammock Rental Llc $336,900 None Available
Eng Gary $228,000 Surety Title Svcs Of Fl Inc
Webb Edson E $559,000 --
Scheu William $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eng Gary $456,000
Previous Owner Webb Edson E $447,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2014 04/08/14 Sold $369,000 0.0% $331 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $369,000 -- $331 / 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 $5,162 $657,443 $386,843 $270,600
2023 $5,162 $656,926 $405,332 $251,594
2022 $4,419 $487,735 $233,244 $254,491
2021 $4,208 $416,122 $193,719 $222,403
2020 $4,314 $423,786 $196,439 $227,347
2019 $4,284 $424,729 $194,906 $229,823
2018 $4,016 $382,584 $170,172 $212,412
2017 $3,653 $347,988 $0 $0
2016 $3,434 $312,497 $0 $0
2015 $3,319 $288,472 $0 $0
2014 $2,969 $242,765 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119129

Florida Keys Board of REALTORS®

APN: 00124100-000136