NOT LISTED FOR SALE

5601 College Rd Unit E205 Key West, FL 33040

Estimated Value: $1,426,000 - $1,688,000

3 Beds
2 Baths
1,658 Sq Ft
6 Acres

Last Sold May 04, 2023

Last sale price $1,737,000 $1,048 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $9,316/month

40 Days on Market

About This Home

As of May 2023

TOTAL AND COMPLETE REMODEL 100% OF INTERIOR HAS BEEN DESIGNER REMODELED. Everything means EVERTYHING has been redone!! This IS a home magazine front page property...stunning. 3 bedroom waterfront condominium with open water and marina views!

Last Agent to Sell the Property

James Spreitzer

LoKation Real Estate License #3117405 Listed on: 10/31/2022

LoKation Real Estate

Last Buyer's Agent

Jim Spreitzer

Century 21 All Keys Inc

Property Details

Home Type

Condominium

Year Built

2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 1555.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Exterminating
  • Key Island: Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Spa
  • Pets W Restrictions: 40lb Breed Restrict
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 7974.91
  • Vehicle Storage: Assigned Parking, Covered Parking, Vehicle Restrictions, Guest Parking, Open Parking
  • Vehicle Storage Cars: 1
  • Year Built: 2000
  • Alternate Key Number: 9008110
  • Building Style Stilt Column Height: Tall - 10Ft & Over
  • Cooling Heating: Central Air
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Screened Patio
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Roll Down Electric, Roll Down Manual
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1658.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Built-in Cabinets, Quartz Countertops, Window Treatments, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Fire Sprinkler, Elevator, Entrance Foyer, Pantry, Split Bedroom, Wet Bar
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Freezer, Disposal, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Windows/Doors: Sliding Glass Doors, Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Bay Front, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Combo Construction, Concrete
  • Exterior Features: Hot Tub, Storage, Outdoor Shower, Lanai, Lighting
  • Roof: Metal Roof, Combo Roof, Concrete Roof
  • Waterview: Bay/Gulf View, Harbor/Marina View, Open Water View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Elect Separate Meter, Cable Available, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,AE,AE,AE,VE,VE
  • Parcel Number: 00072080-002510
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
May 4, 2023
Sold by
Lesneski Robert Casimir
Bought by
Hock Edward Walter and Hock Kathleen
Seller's Agent
James Spreitzer
LoKation Real Estate
Buyer's Agent
Jim Spreitzer
Century 21 All Keys Inc
List Price
$1,795,000
Sold Price
$1,737,000
Premium/Discount to List
-$58,000
-3.23%
Views
30
Current Estimated Value
$1,587,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$149,554
Avg. Annual Appreciation
-3.33%
Original Mortgage
$398,750
Outstanding Balance
$386,441
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$1,201,005

Purchase Details

Listed on
Oct 23, 2017
Closed on
Mar 21, 2018
Sold by
Visceglia John B
Bought by
Lesneski Robert C
Seller's Agent
Heather Carruthers
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Jim Spreitzer
Century 21 All Keys Inc
List Price
$995,000
Sold Price
$940,000
Premium/Discount to List
-$55,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$750,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2011
Sold by
Butler Thomas E
Bought by
Visceglia John B

Purchase Details

Closed on
Jul 22, 2002
Bought by
Visceglia John B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hock Edward Walter $1,737,000 None Listed On Document
Lesneski Robert C $940,000 None Listed On Document
Visceglia John B $800,000 Attorney
Visceglia John B $568,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hock Edward Walter $398,750
Previous Owner Lesneski Robert C $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2023 05/04/23 Sold $1,737,000 -3.2% $1,048 / Sq Ft
10/31/2022 10/31/22 For Sale $1,795,000 +91.0% $1,083 / Sq Ft
03/15/2018 03/15/18 Sold $940,000 -5.5% $567 / Sq Ft View Prior Sale
01/26/2018 01/26/18 Pending -- -- --
10/23/2017 10/23/17 For Sale $995,000 -- $600 / 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 $11,980 $1,418,783 -- $1,418,783
2024 $8,614 $1,396,628 -- $1,396,628
2023 $8,614 $1,019,979 $0 $1,019,979
2022 $7,576 $863,875 $0 $863,875
2021 $7,975 $861,851 $0 $861,851
2020 $7,663 $829,046 $0 $829,046
2019 $7,151 $763,737 $0 $763,737
2018 $7,237 $806,801 $0 $0
2017 $6,882 $780,514 $0 $0
2016 $6,257 $602,043 $0 $0
2015 $6,425 $602,043 $0 $0
2014 $6,157 $552,114 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 602934

Key West Association of REALTORS®

APN: 00072080-002510