NOT LISTED FOR SALE

48 Merganser Ln Key West, FL 33040

Estimated Value: $625,276 - $765,000

2 Beds
1.5 Baths
780 Sq Ft
$872/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $688,000 $882 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,395/month

73 Days on Market

Highlights

  • Gated with Attendant
  • Clubhouse
  • Wood Flooring
  • Concrete Pool
  • Key West Architecture
  • Stainless Steel Appliances

About This Home

As of July 2023

Charming cottage full of character in the gorgeous Key West Golf Club gated community! This darling two-story home has been lovingly maintained, offering an efficient floor plan flowing from the updated stainless kitchen into the dining area and living room, with tasteful shiplap accent wall, all overlooking the lush tropical landscaping in the backyard. Hosting game night, dinner parties, & more are a breeze with the downstairs flowing onto the screened back porch through stacking sliding glass doors, while the bonus half bath downstairs offers a cheerful accent wall & additional storage. Two tankless water heaters installed, and the AC is only a year old for peace of mind and low maintenance living. *Transferable flood insurance available for great savings to Buyer!* Soak up the sun at your choice of two resort pools, burn off energy at the playground, host your friends & family with guest parking nearby, as well as ample lot parking instead of street parking. Beautiful tropical foliage creates a serene environment in the Key West Golf Club, all maintained by the HOA! Peaceful moments are plentiful in the butterfly garden, just steps from the on-site gym at the clubhouse. This darling home makes for a fabulous personal home, vacation rental, or second home. Furnishings negotiable.Current Insurances: Flood $1167, Home $900, Wind $2054

Last Agent to Sell the Property

Lindsay Ryan

EXP Realty LLC License #3419167 Listed on: 02/17/2023

EXP Realty LLC

Co-Listed By

Louise Steinke

eXp Realty LLC License #3503272

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,025

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 1,363 Sq Ft Lot
  • Fenced

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 780 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Screened Balcony
  • Patio

Utilities

  • Central Air
  • Programmable Thermostat
  • Separate Meters
  • Tankless Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00072081-000124

Community Details

Overview

  • Association fees include common area mnt, security
  • Key West Golf Club Dev Subdivision

Recreation

  • Community Pool
  • Bike Trail

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,025

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: Yes
  • Association Fee: 425.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Security
  • Key Island: Key West
  • K W Neighborhood: Key West Golf Club
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Bike Paths, Clubhouse
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4024.75
  • Title: Negotiable
  • Vehicle Storage: Open Parking, Off Street Parking, Guest Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1995
  • Alternate Key Number: 8876483
  • Building Style: Townhouse, Conch
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 1363.00
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Screened P/B, Patio
  • Association Maintenance Fee Per: Monthly
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 780.00
  • Pool Info Other: 2 Community Pools
  • Financial Status Standard Sale: Yes
  • G F Interior Features: Tankless Hot Wtr Htr, Programmable Thermst
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood, Vinyl
  • Half Bathrooms: 1
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Security: Manned Gate
  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Sewer Available, Community Swr Plant

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00072081-000124
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Jul 17, 2023
Sold by
Fox Lisa Ann
Bought by
Williams Cory and Williams Renea
Seller's Agent
Lindsay Ryan
EXP Realty LLC
Buyer's Agent
Creative Technology
List Price
$750,000
Sold Price
$688,000
Premium/Discount to List
-$62,000
-8.27%
Views
322
Current Estimated Value
$679,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,181
Avg. Annual Appreciation
-0.48%
Original Mortgage
$619,200
Outstanding Balance
$602,963
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$76,856

Purchase Details

Closed on
Apr 4, 2022
Sold by
Michael Fox Anthony
Bought by
Fox Lisa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2021
Sold by
Ogle David and Ogle Elizabeth Ann
Bought by
Fox Anthony Michael and Fox Lisa Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2019
Closed on
Sep 4, 2019
Sold by
Kalle Diana
Bought by
Ogle David and Ogle Elizabeth Ann
Seller's Agent
Suzanne Washburn
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Stacey Pillari
Coldwell Banker Schmitt RE Co.
List Price
$425,000
Sold Price
$417,500
Premium/Discount to List
-$7,500
-1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$431,277
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Listed on
Oct 3, 2018
Closed on
Feb 15, 2019
Sold by
Gill James P and Gill Ardellie
Bought by
Kulle Diana
Seller's Agent
The Behmke Group
Keller Williams Key West Compass Realty
Buyer's Agent
Behmke The
Compass Realty (KW)
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.66%

Purchase Details

Listed on
May 4, 2015
Closed on
Jun 26, 2015
Sold by
Long Mark T
Bought by
Gill James P and Rivera Ardellie
Seller's Agent
Darrin Smith
Key West Luxury Real Estate Inc (KW)
Buyer's Agent
Steve Schwartz
Seaport Realtors (KW)
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$252,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2012
Closed on
Nov 12, 2012
Sold by
Parrish Joseph L
Bought by
Long Mark T
Seller's Agent
Robin Mitchell
Compass Realty Branch (KW)
Buyer's Agent
Robin Mitchell
Compass Realty Branch (KW)
List Price
$280,000
Sold Price
$272,500
Premium/Discount to List
-$7,500
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$175,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2003
Sold by
Joyce James P and Joyce Cheryle C
Bought by
Parish Joseph L

Purchase Details

Closed on
Nov 1, 1995
Bought by
Gill James P
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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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
Williams Cory $688,000 None Listed On Document
Fox Lisa Ann -- Highsmith & Van Loon Pa
Fox Anthony Michael $460,000 Accommodation
Ogle David $417,500 Attorney
Kulle Diana $380,000 None Listed On Document
Gill James P $315,000 Attorney
Long Mark T $272,500 First American Title Ins Co
Parish Joseph L $249,000 Chicago Title Of The Fl Keys
Gill James P $116,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Cory $619,200
Previous Owner Fox Lisa Ann $331,000
Previous Owner Fox Anthony Michael $360,000
Previous Owner Ogle David $431,277
Previous Owner Gill James P $252,000
Previous Owner Long Mark T $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2023 07/19/23 Sold $688,000 -1.6% $882 / Sq Ft
04/24/2023 04/24/23 Price Changed $699,000 -2.9% $896 / Sq Ft
03/29/2023 03/29/23 Price Changed $720,000 -4.0% $923 / Sq Ft
02/17/2023 02/17/23 For Sale $750,000 +79.6% $962 / Sq Ft
09/04/2019 09/04/19 Sold $417,500 -1.8% $535 / Sq Ft View Prior Sale
09/03/2019 09/03/19 Pending -- -- --
07/21/2019 07/21/19 For Sale $425,000 +11.8% $545 / Sq Ft
02/15/2019 02/15/19 Sold $380,000 -4.8% $487 / Sq Ft View Prior Sale
12/21/2018 12/21/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $399,000 +26.7% $512 / Sq Ft
06/26/2015 06/26/15 Sold $315,000 -4.3% $404 / Sq Ft View Prior Sale
05/24/2015 05/24/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $329,000 +20.7% $422 / Sq Ft
11/12/2012 11/12/12 Sold $272,500 -2.7% $349 / Sq Ft View Prior Sale
10/24/2012 10/24/12 Pending -- -- --
08/19/2012 08/19/12 For Sale $280,000 -- $359 / Sq Ft
Source: Marathon and Lower Keys Association 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
2025 $5,024 $491,666 $293,386 $198,280
2024 $4,636 $551,974 $360,650 $191,324
2023 $4,636 $539,681 $360,650 $179,031
2022 $4,025 $433,539 $252,598 $180,941
2021 $3,232 $320,239 $167,802 $152,437
2020 $3,267 $325,768 $171,738 $154,030
2019 $3,043 $297,801 $155,709 $142,092
2018 $2,850 $270,717 $137,636 $133,081
2017 $3,121 $295,551 $0 $0
2016 $2,975 $274,715 $0 $0
2015 $2,122 $221,644 $0 $0
2014 $2,202 $222,194 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lindsay Ryan

    Seller's Agent in 2023

    Lindsay Ryan

    EXP Realty LLC

    (305) 850-1771

    87 Total Sales

    Lindsay Ryan
    Section Image

  • L

    Seller Co-Listing Agent in 2023

    Louise Steinke

    eXp Realty LLC

  • o

    Buyer's Agent in 2023

    outside of mls

    Outside Of MLS

  • S

    Seller's Agent in 2019

    Suzanne Washburn

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (407) 839-3111

    60 Total Sales

    Suzanne Washburn
    Section Image
  • The Behmke Group

    Seller's Agent in 2019

    The Behmke Group

    Keller Williams Key West Compass Realty

    (305) 304-0998

    158 Total Sales

    The Behmke Group
    Section Image

  • S

    Buyer's Agent in 2019

    Stacey Pillari

    Coldwell Banker Schmitt RE Co.

See All Agents

Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 604240

APN: 00072081-000124

Florida Monroe County Key West 33040

48 Merganser Ln, Key West, FL

Not Listed for Sale

Townhouses

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