NOT LISTED FOR SALE

5603 College Rd Unit A101 Key West, FL 33040

Estimated Value: $1,185,984 - $1,590,000

2 Beds
2 Baths
1,558 Sq Ft
$923/mo HOA Fee

Last Sold March 05, 2020

Last sale price $900,000 $578 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,965/month

128 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Gulf View
  • Whirlpool Bathtub
  • Concrete Pool
  • Clubhouse
  • Furnished

About This Home

As of March 2020

Direct waterfront condo with stunning open water views.

Last Agent to Sell the Property

Jim Spreitzer

Century 21 All Keys Inc Listed on: 10/29/2019

Last Buyer's Agent

James Spreitzer

LoKation Real Estate License #3117405

LoKation Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,534

Year Built

  • Built in 2000

Lot Details

  • 6

HOA Fees

  • $923 Monthly HOA Fees

Property Views

  • Gulf
  • Harbor

Home Design

  • Concrete Roof
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,558 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Home Security System

Kitchen

  • Oven
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Balcony
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00072080-002516

Community Details

Overview

  • Association fees include cable, security, common area mnt, building insurance, bldg exterior mnt, exterminating
  • Sunset Marina Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site
  • Complete Electric Power Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,534

Year Built

Built in 2000

Lot Details

0

HOA Fees

$923 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 2770.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Exterminating
  • Handicap Access: Yes
  • Key Island: Key West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 5.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Spa, Manager on Premises, Clubhouse
  • Pets W Restrictions: weight
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6534.01
  • Vehicle Storage: Guest Parking, Covered Parking
  • Year Built: 2000
  • Alternate Key Number: 8989575
  • Cooling Heating: Central Air
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Shutters: Roll Down Electric, Roll Down Manual
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 1558.00
  • Pool Info Other Material: YES
  • Pre Wired: Cat 5
  • Sewer Hook Up: Yes
  • Unit Complex: Complex
  • Statistical Purposes Only: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Elevator, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Storage, Smoke Alarms, Security System, Fire Sprinkler, Entrance Foyer, Split Bedroom, Wet Bar
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Wine Cooler, Ice Machine, Freezer, Disposal, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Other Dockage
  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Roof: Metal Roof, Concrete Roof
  • Waterview: Bay/Gulf View, Harbor/Marina View, Open Water View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE,AE,AE,AE,VE,VE
  • Parcel Number: 00072080-002516
  • Land Size: More than 1 Lot

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Mar 4, 2020
Sold by
Culbreath Mark and Culbreath Leslie
Bought by
Lesneski Timothy J and Lesneski Cynthia K
Seller's Agent
Jim Spreitzer
Century 21 All Keys Inc
Buyer's Agent
Jim Spreitzer
Century 21 All Keys Inc
List Price
$965,000
Sold Price
$900,000
Premium/Discount to List
-$65,000
-6.74%
Current Estimated Value
$1,398,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,246
Avg. Annual Appreciation
7.79%
Original Mortgage
$720,000
Outstanding Balance
$627,079
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$771,167

Purchase Details

Listed on
Nov 12, 2017
Closed on
Nov 13, 2018
Sold by
Jackson Robert C and Jackson Angela G
Bought by
Culbreath Mark and Culbreath Leslie
Seller's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
Buyer's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
List Price
$829,000
Sold Price
$762,500
Premium/Discount to List
-$66,500
-8.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.38%

Purchase Details

Closed on
Mar 19, 2004
Sold by
Sunset Ventures Of Key West Inc
Bought by
Jackson Robert C and Jackson Angela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.96%
Mortgage Type
Purchase Money Mortgage
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
Lesneski Timothy J $900,000 Attorney
Culbreath Mark $762,500 None Listed On Document
Jackson Robert C $715,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lesneski Timothy J $720,000
Previous Owner Jackson Robert C $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2020 03/05/20 Sold $900,000 -6.7% $578 / Sq Ft
10/29/2019 10/29/19 For Sale $965,000 +26.6% $619 / Sq Ft
11/09/2018 11/09/18 Sold $762,500 -8.0% $489 / Sq Ft View Prior Sale
10/24/2018 10/24/18 Pending -- -- --
11/12/2017 11/12/17 For Sale $829,000 -- $532 / Sq Ft
Source: Marathon and Lower Keys 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 $8,772 $1,113,432 -- $1,113,432
2024 $7,939 $1,095,673 -- $1,095,673
2023 $7,939 $933,150 $0 $933,150
2022 $6,994 $793,291 $0 $793,291
2021 $6,984 $748,653 $0 $748,653
2020 $6,364 $680,333 $0 $680,333
2019 $6,127 $647,575 $0 $647,575
2018 $6,806 $749,781 $0 $0
2017 $6,502 $734,023 $0 $0
2016 $5,917 $567,059 $0 $0
2015 $6,076 $567,059 $0 $0
2014 $6,410 $576,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jim Spreitzer

    Century 21 All Keys Inc

  • James Spreitzer

    Buyer's Agent in 2020

    James Spreitzer

    LoKation Real Estate

    (305) 240-0438

    65 Total Sales

    James Spreitzer
    Section Image

  • R

    Seller's Agent in 2018

    Rick Lively

    Coldwell Banker Schmitt R.E.

  • Richard Lively

    Buyer's Agent in 2018

    Richard Lively

    Coldwell Banker Schmitt Real Estate Co. (KW)

    (305) 797-7233

    66 Total Sales

    Richard Lively
    Section Image
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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 587949

APN: 00072080-002516

Florida Monroe County Key West 33040

5603 College Rd Unit A101, Key West, FL

Not Listed for Sale

Condos

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