NOT LISTED FOR SALE

5603 College Rd Unit A101 Key West, FL 33040

Estimated Value: $1,294,988 - $1,558,000

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. 50% increase in value since last sale

Current estimated payment $8,946/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

RE/MAX Keys Connection (KW) License #3117405

RE/MAX Keys Connection (KW)

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

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction: weight

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
  • Control Depth: 6
  • Fee Includes: Bldg Exterior Mnt, Security, Exterminating, Common Area Mnt, Cable, Building Insurance
  • 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: Clubhouse, Spa, Manager on Premises, Community Pool
  • Pets W Restrictions: weight
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 6534.01
  • Vehicle Storage: Covered Parking, Guest Parking
  • Year Built: 2000
  • Alternate Key Number: 8989575
  • Cooling Heating: Central Air
  • Pool Info: Concrete, In Ground
  • 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, Wet Bar, Window Treatments, Whirlpool Bath Tub, Security System, Walk-in Closet(s), Storage, Split Bedroom, Smoke Alarms, Elevator, Fire Sprinkler, Entrance Foyer
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Wine Cooler, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Ice Machine, Freezer, Dryer, Disposal
  • 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: Concrete Roof, Metal Roof
  • Waterview: Bay/Gulf View, Harbor/Marina View, Open Water View
  • Pool: Yes

Utilities

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

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
$1,350,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,972
Avg. Annual Appreciation
8.74%
Original Mortgage
$720,000
Outstanding Balance
$638,691
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$783,569

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

Listed on
Nov 12, 2017
Closed on
Nov 9, 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%

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:

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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
Lesneski Timothy J $900,000 Attorney
Culbreath Mark $762,500 None Listed On Document
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 Change Sq Ft Price
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
10/24/2018 10/24/18 Pending -- -- --
11/12/2017 11/12/17 For Sale $829,000 -- $532 / 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 $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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587949

Florida Keys Board of REALTORS®

APN: 00072080-002516