NOT LISTED FOR SALE

56 Coral Way Key West, FL 33040

Estimated Value: $854,000 - $1,216,000

3 Beds
3 Baths
1,281 Sq Ft
$829/Sq Ft Est. Value

Last Sold April 08, 2014

Last sale price $393,000 $307 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $6,553/month

11 Days on Market

Highlights

  • Concrete Pool
  • Key West Architecture
  • Electric Gate
  • Clubhouse
  • Wood Flooring

About This Home

As of April 2014

Great community! Two Story, Free Standing, 3 bedroom, 3 bath townhome with private covered parking. Coral Hammack Developemt is a gated community beautiful landscape, club house and gym. Short distance to restuarant, marinas and golf course. Onsite management, units can be rented transiently. Ideal for your primary or second home. Don't miss this one!

Last Agent to Sell the Property

William Nunez

Benham Real Estate Group of SW Florida, LLC (KW) License #324844 Listed on: 03/13/2014

Last Buyer's Agent

William Nunez

Benham Real Estate Group of SW Florida, LLC (KW) License #324844 Listed on: 03/13/2014

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,532

Year Built

  • Built in 2004

Lot Details

  • 1,281

HOA Fees

  • $372 Monthly HOA Fees

Home Design

  • 1,281 Sq Ft Home
  • Key West Architecture
  • Frame Construction

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Carport
  • Electric Gate

Pool

  • Concrete Pool
  • In Ground Pool
  • Spa

Additional Features

  • 1,281 Sq Ft Lot
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include common area mnt, security
  • Maloney Sub Subdivision

Amenities

  • Clubhouse

Pet Policy

  • Pet Restriction: YES

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,532

Year Built

Built in 2004

Lot Details

0

HOA Fees

$372 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 372.00
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Common Area Mnt, Other, Security
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Stock Island
  • K W Neighborhood: Outside of Key West
  • Mile Marker: 4.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Other Area Features
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 3532.00
  • Vehicle Storage: Carport
  • Year Built: 2004
  • Alternate Key Number: 9077402
  • Building Style: Conch, Townhouse
  • Building Style Stilt Column Height: LZVZI459X2Q
  • Lot Sq Ft: 1281.00
  • Pool Info: Concrete, In Ground
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1281.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Floor: Tile, Wood
  • Appliances Other: YES
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Hot Tub
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: Electric Gate, Patrolled Area
  • Utilities: Community Swr Plant, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2014
Closed on
Apr 8, 2014
Sold by
Sabadell United Bank Na
Bought by
Coral Hammock Rental Llc
Seller's Agent
William Nunez
Benham Real Estate Group of SW Florida, LLC (KW)
Buyer's Agent
William Nunez
Benham Real Estate Group of SW Florida, LLC (KW)
List Price
$389,900
Sold Price
$393,000
Premium/Discount to List
$3,100
0.8%
Current Estimated Value
$1,062,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$669,256
Avg. Annual Appreciation
9.02%

Purchase Details

Listed on
Mar 13, 2014
Closed on
Feb 10, 2014
Sold by
Noble Darla L
Bought by
Sabadell United Bank Na
Seller's Agent
William Nunez
Benham Real Estate Group of SW Florida, LLC (KW)
Buyer's Agent
William Nunez
Benham Real Estate Group of SW Florida, LLC (KW)
List Price
$389,900
Sold Price
$393,000
Premium/Discount to List
$3,100
0.8%

Purchase Details

Closed on
Feb 4, 2014
Sold by
Noble Darla L
Bought by
Sabadell United Bank Na

Purchase Details

Closed on
Sep 13, 2006
Sold by
Coral Hammock Llc
Bought by
Noble Darla Lee and Pillsbury Chad

Purchase Details

Closed on
Oct 29, 2004
Sold by
Coral Hammock Llc
Bought by
Noble Darla Lee and Pillsbury Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
6%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Coral Hammock Rental Llc $393,000 Trident Title Llc
Sabadell United Bank Na -- None Available
Sabadell United Bank Na -- None Available
Noble Darla Lee -- Attorney
Noble Darla Lee $556,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Noble Darla Lee $442,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2014 04/08/14 Sold $393,000 +0.8% $307 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $389,900 -- $304 / 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 $6,585 $848,804 $482,557 $366,247
2023 $6,585 $838,332 $505,620 $332,712
2022 $5,643 $627,495 $290,953 $336,542
2021 $5,424 $549,447 $252,633 $296,814
2020 $5,565 $559,593 $256,181 $303,412
2019 $5,644 $586,313 $279,599 $306,714
2018 $5,282 $527,585 $244,117 $283,468
2017 $4,723 $458,289 $0 $0
2016 $4,514 $423,213 $0 $0
2015 $4,339 $389,402 $0 $0
2014 $3,506 $293,597 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2014

    William Nunez

    Benham Real Estate Group of SW Florida, LLC (KW)

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119533

Florida Keys Board of REALTORS®

APN: 00124100-000140

Florida Monroe County Key West 33040

56 Coral Way, Key West, FL

This home is located at 56 Coral Way, Key West, FL 33040 since 13 March 2014 and is currently estimated at $1,062,256, approximately $829 per square foot. This property was built in 2004. 56 Coral Way is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and Grace Lutheran School.

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.

Florida Keys Board 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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