$417,500
SOLD SEP 4, 2019

48 Merganser Ln Key West, FL 33040

2 Beds
1.5 Baths
780 Sq Ft
$395/mo HOA Fee

Recently Sold

$535 Per Sq Ft

2% Below List Price

44 Days on Market

Highlights

  • Gated with Attendant
  • Clubhouse
  • Balcony
  • Outdoor Pool
  • Stainless Steel Appliances
  • Shutters

About This Home

As of July 2023

Welcome home to this charming renovated townhouse where you can enjoy resort style Key West life and quick access to the course and nearby pool. Excellent location with protected areas beyond and better parking availability. Well designed including an extra bedroom closet, stylish storage cupboard and pull down stairs above the back deck, and plentiful of under house storage space as well. Impact windows provide lower insurance costs. Stylish decor completes this offering, and furnishings are negotiable. Amenities include 2 heated pools, clubhouse and 24 hour security. 4 legged friends are welcome, too! All docs are online at kwgchoa.com.

Last Agent to Sell the Property

Suzanne Washburn

Coldwell Banker Schmitt Real Estate Co. (KW) License #608020 Listed on: 07/21/2019

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Stacey Pillari

Coldwell Banker Schmitt RE Co.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,736

Year Built

  • Built in 1995

Lot Details

  • Fenced

HOA Fees

  • $395 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof
  • HardiePlank Siding

Interior Spaces

  • 780 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Blinds
  • Sliding Doors
  • Storage
  • Pull Down Stairs to Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

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

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28

Community Details

Overview

  • Association fees include cable, security, common area mnt
  • Key West Golf Club Dev Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,736

Year Built

Built in 1995

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 395.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt
  • 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: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Manager on Premises, Community Pool
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Median
  • State Province: FL
  • Taxes: 2735.52
  • Vehicle Storage: Off Street Parking, Open Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1995
  • Alternate Key Number: 8876483
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Porch Balcony: Open Porch/Balcony, Patio
  • Association Maintenance Fee Per: Monthly
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 780.00
  • Pool Info Other: 2 community pools
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Pull Down Stairs, Storage
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Microwave, Stainless Steel Appliance(s), Refrigerator, Range, Dryer, Disposal
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Lot Size: 1,363
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

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
$657,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,886
Avg. Annual Appreciation
-2.14%
Original Mortgage
$619,200
Outstanding Balance
$605,440
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$51,674

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
7.85%
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%
Original Mortgage
$0
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2018
Closed on
Jan 30, 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.
Original Mortgage
$0
Interest Rate
4.5%
Mortgage Type
New Conventional

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
Steven 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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $688,000 None Listed On Document
Quit Claim Deed -- Highsmith & Van Loon Pa
Warranty Deed $460,000 Accommodation
Warranty Deed $417,500 Attorney
Warranty Deed $380,000 None Listed On Document
Warranty Deed $380,000 None Listed On Document
Warranty Deed $315,000 Attorney
Warranty Deed $272,500 First American Title Ins Co
Warranty Deed $249,000 Chicago Title Of The Fl Keys
Warranty Deed $116,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $619,200 New Conventional
Previous Owner $331,000 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $399,000 New Conventional
Previous Owner $431,277 VA
Previous Owner $0 New Conventional
Previous Owner $252,000 New Conventional
Previous Owner $175,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
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
10/24/2012 10/24/12 Pending -- -- --
08/19/2012 08/19/12 For Sale $280,000 -- $359 / 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 $4,636 $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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 586593

Florida Keys Board of REALTORS®

APN: 00072081-000124