NOT LISTED FOR SALE

49 Coral Way Key West, FL 33040

Estimated Value: $678,000 - $762,119

2 Beds
3 Baths
1,068 Sq Ft
$672/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $489,900 $459 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,193/month

About This Home

As of July 2024

Coral Hammock is a wonderful gated community conveniently located within minutes of Key West. This townhome is clean, bright, and a dream for a Tenant. This home has all stainless steel kitchen appliances, gleaming wood floors and a great open floor plan with split bedrooms and baths upstairs, plus a half bath below. Ample covered parking for two vehicles. Convenient to great restaurants, retail and more. Wonderful community pool, clubhouse and fitness facility.

Last Agent to Rent the Property

Wade Meyer

Real Estate Management of Key West, LLC License #3275505 Listed on: 05/24/2024

Last Renter's Agent

Wade Meyer

Key West Realty, LLC (KW)

Property Details

Property Type

Other

Est. Annual Taxes

$4,685

Year Built

2004

Lot Details

0

Rental Info

  • Furnishings: Unfurnished
  • Rent Includes: Pool Care, Trash
  • Last Month's Rent: 4200.00
  • Lease Type: Annual
  • Monthly Rent: 4100.00
  • Security Deposit: 761.00

Listing Details

  • Property Type: Rental
  • Property Type 2: Single Family, Townhouse
  • Key Island: Stock Island
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 20010809200717574625000000
  • State Province: FL
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking
  • Year Built: 2004
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Porch Balcony: Deck
  • License Info Number Of County License: 1
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Lease Purchase Option: No
  • Lease Restrictions: Number of Vehicles, Credit Check, Background Check, No Pets Allowed, Assoc Rules Apply, No Jet Skis, No Trailers, No Boats, No RV's, No Comrcl Vehicles
  • Licensing: County
  • Estimated Living Sq Ft: 1068.00
  • Pre Wired: Cable
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarms, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Ice Machine, Stainless Steel Appliance(s), Dishwasher, Dryer, Washer, Disposal, Microwave, Oven, Refrigerator
  • Half Bathrooms: 1
  • Windows/Doors: Double Hung Windows, Blinds, Impact Rstnce Window, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • View: None
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Cable Available, FKAA
  • Heating: Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 7, 2021
Sold by
Tines Jeanette R and Jeanette R Tines Living Trust
Bought by
Jin Kwan Yong
Seller's Agent
Stephen Hammond
Key West Real Estate Sales (KW)
Buyer's Agent
Lindsay Ryan
Island Breeze Realty, LLC
List Price
$484,900
Sold Price
$489,900
Premium/Discount to List
$5,000
1.03%
Current Estimated Value
$717,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,380
Avg. Annual Appreciation
9.75%
Original Mortgage
$501,167
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Oct 28, 2004
Sold by
Coral Hammock Llc
Bought by
Tines Jeanette R and Jeanette R Tines Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Jin Kwan Yong $489,900 Florida Title Llc
Tines Jeanette R $444,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jin Kwan Yong $501,167
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2024 07/29/24 Rented $4,100 0.0% --
07/25/2024 07/25/24 Under Contract -- -- --
07/10/2024 07/10/24 Price Changed $4,100 -2.4% $4 / Sq Ft
05/24/2024 05/24/24 For Rent $4,200 0.0% --
09/07/2021 09/07/21 Sold $489,900 +1.0% $460 / Sq Ft View Prior Sale
07/21/2021 07/21/21 For Sale $484,900 -- $455 / Sq Ft
Source: Key West 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
2024 $4,685 $551,372 $276,917 $274,455
2023 $4,685 $550,552 $290,152 $260,400
2022 $4,096 $430,141 $166,965 $263,176
2021 $3,657 $355,694 $144,974 $210,720
2020 $3,748 $362,415 $147,010 $215,405
2019 $3,726 $378,199 $160,449 $217,750
2018 $3,496 $341,342 $140,088 $201,254
2017 $3,186 $310,841 $0 $0
2016 $2,987 $276,154 $0 $0
2015 $2,871 $255,911 $0 $0
2014 $2,687 $216,099 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wade Meyer

    Landlord's Agent in 2024

    Wade Meyer

    Real Estate Management of Key West, LLC

    (305) 432-6373

    15 Total Sales

    Wade Meyer
    Section Image

  • S

    Seller's Agent in 2021

    Stephen Hammond

    Key West Real Estate Sales (KW)

  • L

    Buyer's Agent in 2021

    Lindsay Ryan

    Island Breeze Realty, LLC

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 610271

Key West Association of REALTORS®

APN: 00124100-000125

Florida Monroe County Key West 33040

49 Coral Way, Key West, FL

This home is located at 49 Coral Way, Key West, FL 33040 since 24 May 2024 and is currently priced at $717,280. This property was built in 2004. 49 Coral Way is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and The College Of The Florida Keys Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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