NOT LISTED FOR SALE

49 Bay Dr Key West, FL 33040

Estimated Value: $1,378,000 - $2,233,000

2 Beds
2 Baths
1,448 Sq Ft
$1,297/Sq Ft Est. Value

Last Sold October 12, 2015

Last sale price $949,000 $655 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $10,954/month

17 Days on Market

Highlights

  • Ocean Front
  • Cathedral Ceiling
  • No HOA
  • Concrete Pool
  • Granite Countertops
  • 1-minute walk to Marathon Rotary Park

About This Home

As of October 2015

Open water & beach chic taken to a whole new level! Gorgeous 2BR/2BA cottage on its own private sandy beach with cathedral ceilings in every room. New open kitchen with light granite counters, stainless steel appliances all opening onto a wall of windows & doors. Huge pool, two covered parking spaces, wrap around porches & more charm than can be quantified. Close to 1/2 an acre of land, palm trees all around, great dock, views, views & more views!

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 09/04/2015

Co-Listed By

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #3264225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,128

Year Built

  • Built in 1988

Lot Details

  • 0.38 Acre Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Fenced
  • Property is zoned IS - Improved Subivision District

Property Views

  • Ocean
  • Gulf

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,448 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • French Doors
  • Storage

Kitchen

  • Oven
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Utilities

  • Central Air

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,128

Year Built

Built in 1988

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
  • Dockage Dock: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Saddlebunch
  • K W Neighborhood: Outside of Key West
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 8128.00
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Covered Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1988
  • Alternate Key Number: 1206491
  • Building Style Stilt Column Height: LZVZI459X2Q
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 16469.00
  • Pool Info: Concrete, In Ground
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1448.00
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Other, Storage, Sky Light(s), Granite Counter Top, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Oven, Washer, Stainless Steel Appliance(s), Refrigerator, Dryer
  • Floor: Carpet, Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Bay Front, Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: Combo Construction, Frame
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.38

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Bessey Michael Thomas and Bessey Birgit
Bought by
Rogers Ty G and Rogers Shelly
Current Estimated Value
$1,877,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Outstanding Balance
$992,083
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$885,402

Purchase Details

Listed on
Sep 4, 2015
Closed on
Oct 9, 2015
Sold by
49 Bay Drive Llc
Bought by
Bessey Michael Thomas
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Ocean Sotheby's International Realty
List Price
$949,000
Sold Price
$949,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
Dec 27, 2013
Sold by
Bares Andrew P
Bought by
49 Bay Drive Llc

Purchase Details

Closed on
Aug 22, 2012
Sold by
Ferry David A and Koch Meri Beth
Bought by
Bares Andrew P

Purchase Details

Closed on
Mar 22, 2005
Sold by
Jurewitz William H
Bought by
Ferry David A and Koch Meri Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$858,750
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 16, 2004
Sold by
Rollins Mark Lawson
Bought by
Jurewitz William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 6, 2003
Sold by
Pike Malcolm and Pike Faye
Bought by
Rollins Mark Lawson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,900
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 8, 2003
Sold by
Pike Malcolm and Pike Faye
Bought by
Pike Peter M

Purchase Details

Closed on
Apr 1, 1982
Bought by
Bessey Michael Thomas
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
Rogers Ty G $1,400,000 Attorney
Bessey Michael Thomas $949,000 Attorney
49 Bay Drive Llc -- Attorney
Bares Andrew P $450,000 True Title Agency Inc
Ferry David A $1,145,000 True Title Agency Inc
Jurewitz William H $995,000 --
Rollins Mark Lawson $705,000 --
Pike Malcolm $68,200 --
Pike Peter M $65,000 --
Bessey Michael Thomas $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Ty G $1,120,000
Previous Owner Ferry David A $858,750
Previous Owner Jurewitz William H $570,000
Previous Owner Rollins Mark Lawson $445,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2015 10/12/15 Sold $949,000 0.0% $655 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $949,000 -- $655 / 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 $14,217 $1,711,636 -- --
2024 $14,217 $1,663,398 $1,163,465 $499,933
2023 $17,917 $2,080,884 $1,616,604 $464,280
2022 $11,548 $1,407,497 $936,896 $470,601
2021 $10,717 $1,107,331 $679,709 $427,622
2020 $9,219 $933,831 $563,362 $370,469
2019 $8,703 $874,286 $532,745 $341,541
2018 $8,987 $879,309 $533,738 $345,571
2017 $8,942 $882,561 $0 $0
2016 $8,460 $806,913 $0 $0
2015 $7,302 $662,381 $0 $0
2014 $8,128 $711,655 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Spottswood

    Seller's Agent in 2015

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    286 Total Sales

    Terri Spottswood
    Section Image
  • John Spottswood

    Seller Co-Listing Agent in 2015

    John Spottswood

    Truman & Co. (KW)

    (305) 432-4848

    265 Total Sales

    John Spottswood
    Section Image

  • T

    Buyer's Agent in 2015

    Tracey Gardiner

    Ocean Sotheby's International Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122103

Florida Keys Board of REALTORS®

APN: 00160920-000000

Florida Monroe County Key West 33040

49 Bay Dr, Key West, FL

Not Listed for Sale

Detached

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