NOT LISTED FOR SALE

508 Avenue E Key West, FL 33040

Estimated Value: $797,000 - $985,000

2 Beds
3 Baths
1,512 Sq Ft
$578/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $800,000 $529 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,066/month

10 Days on Market

About This Home

As of May 2023

This well-maintained, unique single-owner home sits on a large lot with a fully fenced yard. The expansive lot offers an abundance of lush landscaping for ultimate privacy and potential for an in-ground pool. With artistic and intentional touches at every turn- you are sure to feel the warmth in this home. Upstairs features 2 bedrooms with the potential to convert the second living area into a 3rd bedroom. Extend your living space to the outdoors with multiple large balconies on every level- enjoy a quiet cup of coffee or entertain guests! There is generous storage throughout the entire home- including a large workshop/storage area downstairs, covered parking and plenty of space for guests. Situated in a family/local-friendly neighborhood near a park, community boat ramp, & just a short drive to Key West! This home is the perfect combination of Key West charm and island escape. Schedule your showing today! Assumable flood policy ($426/year)!

Last Agent to Sell the Property

Madeleine Lowe

Expert Realty LLC (HQ) License #3528269 Listed on: 03/01/2023

Last Buyer's Agent

Team Connect

Coastal Collection Real Estate Inc.

Home Details

Home Type

Single Family

Year Built

2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Big Coppitt
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 9.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5176.80
  • Vehicle Storage: Off Street Parking, Trailer Storage, Covered Parking, RV Parking Open
  • Vehicle Storage Cars: 4+
  • Year Built: 2000
  • Alternate Key Number: 1198773
  • Building Style Stilt Column Height: Medium - 5Ft - 9Ft
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5980.00
  • Porch Balcony: Open Porch/Balcony, Deck
  • Shutters: Accordion
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1512.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Storage, Granite Counter Top, Built-in Cabinets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Workshop
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Modular
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence, Outdoor Shower, Lanai, Rain Gutters
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00153270-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
May 10, 2023
Sold by
Snyder Michael B and Snyder Rosemerri D
Bought by
Paquette Calvin J
Seller's Agent
Madeleine Lowe
Expert Realty LLC (HQ)
Buyer's Agent
Team Connect
Coastal Collection Real Estate Inc.
List Price
$840,000
Sold Price
$800,000
Premium/Discount to List
-$40,000
-4.76%
Views
90
Current Estimated Value
$873,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,643
Avg. Annual Appreciation
3.33%
Original Mortgage
$640,000
Outstanding Balance
$619,883
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$253,760

Purchase Details

Closed on
Jan 1, 1997
Bought by
Snyder Michael B

Purchase Details

Closed on
Jan 1, 1990
Bought by
Snyder Michael B

Purchase Details

Closed on
Dec 1, 1981
Bought by
Snyder Michael B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Paquette Calvin J $800,000 None Listed On Document
Snyder Michael B $76,000 --
Snyder Michael B $40,000 --
Snyder Michael B $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paquette Calvin J $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2023 05/10/23 Sold $800,000 -4.8% $529 / Sq Ft
03/01/2023 03/01/23 For Sale $840,000 -- $556 / 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
2025 $5,965 $696,095 $345,943 $350,152
2024 $5,580 $642,773 $298,043 $344,730
2023 $5,580 $672,441 $316,671 $355,770
2022 $5,177 $629,640 $292,721 $336,919
2021 $4,727 $475,419 $175,633 $299,786
2020 $4,359 $428,748 $162,327 $266,421
2019 $2,515 $274,117 $0 $0
2018 $2,520 $269,006 $0 $0
2017 $2,443 $263,474 $0 $0
2016 $2,454 $258,055 $0 $0
2015 $2,527 $256,261 $0 $0
2014 $2,600 $254,227 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Madeleine Lowe

    Seller's Agent in 2023

    Madeleine Lowe

    Expert Realty LLC (HQ)

    (305) 496-7691

    4 in this area

    46 Total Sales

    Madeleine Lowe
    Section Image

  • T

    Buyer's Agent in 2023

    Team Connect

    Coastal Collection Real Estate Inc.

    5 in this area

    66 Total Sales

    Team Connect
    Section Image
See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 604390

Key West Association of REALTORS®

APN: 00153270-000000

Florida Monroe County Key West 33040

508 Avenue E, Key West, FL

Not Listed for Sale

Detached

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.

Nearby Homes