NOT LISTED FOR SALE

57 Palmetto Dr Key West, FL 33040

Estimated Value: $778,746 - $973,000

5 Beds
2 Baths
1,830 Sq Ft
$471/Sq Ft Est. Value

Last Sold February 04, 2021

Last sale price $515,000 $281 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,230/month

5 Days on Market

Highlights

  • Home fronts a canal
  • Jalousie or louvered window
  • Screened Patio
  • No HOA
  • Shutters
  • 1-minute walk to The Park

About This Home

As of February 2021

Don't miss this opportunity for a large waterfront home awaiting your renovation ideas. Expansive living area, oversized canal lot, covered parking, and concrete seawall. Get your slice of paradise!

Last Agent to Sell the Property

Jenny Perry

Preferred Properties (KW) Listed on: 10/01/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,604

Year Built

  • Built in 1963

Lot Details

  • 8,720 Sq Ft Lot
  • Home fronts a canal
  • Property is zoned IS - Improved Subivision District

Home Design

  • Shingle Roof

Interior Spaces

  • 1,830 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window
  • Shutters
  • Single Hung Windows
  • Terrazzo Flooring
  • Canal Views
  • Range
  • Washer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • Seawall
  • Screened Patio

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Similar Sound Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,604

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 3
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Big Coppitt
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 10.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1603.63
  • Vehicle Storage: Carport, Off Street Parking, Covered Parking
  • Year Built: 1963
  • Alternate Key Number: 1199737
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 8720.00
  • Porch Balcony: Screened Patio
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1830.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Range, Washer, Refrigerator
  • Floor: Terrazzo
  • Windows/Doors: Jalousie Windows, Single Hung Windows
  • Total Bedrooms: 5

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Shingle Roof
  • Waterview: Canal View

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

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

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Feb 4, 2021
Sold by
Bland Lynda
Bought by
Perry Diana
Seller's Agent
Jenny Perry
Preferred Properties (KW)
Buyer's Agent
Creative Technology
List Price
$545,000
Sold Price
$515,000
Premium/Discount to List
-$30,000
-5.5%
Current Estimated Value
$869,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,388
Avg. Annual Appreciation
11.71%
Original Mortgage
$471,611
Outstanding Balance
$426,256
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$424,309

Purchase Details

Closed on
Feb 19, 2003
Sold by
Bland Lynda
Bought by
Bland Lynda and Perry Diana
Source: Public Records

Range of Values:

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Average Value
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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
Perry Diana $515,000 Attorney
Bland Lynda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Andrea Jade $59,948
Open Perry Diana $471,611
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2021 02/04/21 Sold $515,000 -5.5% $281 / Sq Ft
10/01/2020 10/01/20 For Sale $545,000 -- $298 / 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 $5,636 $781,671 $598,192 $183,479
2023 $5,636 $684,561 $521,282 $163,279
2022 $4,878 $522,219 $358,915 $163,304
2021 $4,281 $424,141 $256,368 $167,773
2020 $4,247 $416,606 $239,277 $177,329
2019 $1,670 $177,936 $0 $0
2018 $1,395 $174,619 $0 $0
2017 $1,349 $171,028 $0 $0
2016 $1,351 $167,511 $0 $0
2015 $1,384 $166,347 $0 $0
2014 $1,406 $165,027 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jenny Perry

    Seller's Agent in 2021

    Jenny Perry

    Preferred Properties (KW)

    (305) 747-0369

    15 in this area

    113 Total Sales

    Section Image

  • o

    Buyer's Agent in 2021

    outside of mls

    Outside Of MLS

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592834

Florida Keys Board of REALTORS®

APN: 00154250-000000

Florida Monroe County Key West 33040

57 Palmetto Dr, Key West, FL

This home is located at 57 Palmetto Dr, Key West, FL 33040 since 01 October 2020 and is currently estimated at $862,187, approximately $471 per square foot. This property was built in 1963. 57 Palmetto Dr is a home located in Monroe County with nearby schools including Sugarloaf School and Key West High 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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