NOT LISTED FOR SALE

6 Bay Dr Key West, FL 33040

Estimated Value: $772,477 - $1,095,000

2 Beds
2 Baths
962 Sq Ft
$974/Sq Ft Est. Value

Last Sold September 06, 2013

Last sale price $199,100 $207 Per Sq Ft

Est. 371% increase in value since last sale

Current estimated payment $5,426/month

87 Days on Market

Highlights

  • Home fronts a canal
  • Balcony
  • Tile Flooring
  • No HOA
  • Laundry Room
  • 1-minute walk to Marathon Rotary Park

About This Home

As of September 2013

Attention Investors! Bank Approved Short Sale Bay Point/Saddlebunch Keys Waterfront with Dock. Needs work but $206,100 Buys It. Will not qualify for finance. Ground level 2/2 with additional 2 Bedroom and family room addition. 10 miles from Key West.

Last Agent to Sell the Property

Paul Labossiere, Upper/Middle/Lower

American Caribbean Real Estate - Middle Keys Listed on: 01/15/2013

Last Buyer's Agent

Jaclyn Kelley

Prudential Keyswide Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,135

Year Built

  • Built in 1955

Lot Details

  • Home fronts a canal
  • Fenced
  • Property is zoned IS - Improved Subivision District

Interior Spaces

  • 962 Sq Ft Home
  • Utility Room
  • Laundry Room
  • Tile Flooring
  • Canal Views
  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bay Point Amd & 1St Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00160320-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,135

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Mandatory HOA: No
  • Dockage Dock: Other
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: Yes
  • Key Island: Saddlebunch
  • K W Neighborhood: Outside of Key West
  • Limited Representation: No
  • Mile Marker: 15.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 2134.75
  • Vehicle Storage: Carport, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1955
  • Alternate Key Number: 1205893
  • Building Style: Ground Level
  • Cooling Heating: Heat Pump, Wall/Window Unit(s)
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 962.00
  • Sewer Hook Up: No
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Oven, Refrigerator
  • Floor: Combo, Tile
  • Specialty Rooms: Laundry Room, Utility Room
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Fencing, Storage
  • Waterview: Canal View

Utilities

  • Utilities: Buyer to Verify, Septic Tank, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00160320-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2013
Closed on
Sep 6, 2013
Sold by
Gazzale Christopher S
Bought by
Bigelow Wayne and Bigelow Allison
Seller's Agent
Paul Labossiere, Upper/Middle/Lower
American Caribbean Real Estate - Middle Keys
Buyer's Agent
Jaclyn Kelley
Prudential Keyswide Properties
List Price
$175,000
Sold Price
$199,100
Premium/Discount to List
$24,100
13.77%
Current Estimated Value
$936,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$737,726
Avg. Annual Appreciation
14.05%

Purchase Details

Closed on
Dec 28, 2006
Sold by
Finigan Dale and Finigan Lesley
Bought by
Gazzale Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
6.05%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 27, 2005
Sold by
Hardee James and Hardee Christine
Bought by
Finigan Mark Z and Finigan Roseanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 1, 1985
Bought by
Bigelow Wayne and Bigelow Allison

Purchase Details

Closed on
Feb 1, 1974
Bought by
Bigelow Wayne and Bigelow Allison
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
Bigelow Wayne $199,100 South Florida Title Insurers
Gazzale Christopher S $499,000 None Available
Finigan Mark Z -- --
Finigan Mark Z $600,000 --
Bigelow Wayne $37,500 --
Bigelow Wayne $13,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gazzale Christopher S $399,200
Previous Owner Finigan Mark Z $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2013 09/06/13 Sold $199,100 +13.8% $207 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $175,000 -- $182 / 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 $5,512 $652,351 $453,705 $198,646
2023 $5,512 $801,585 $614,105 $187,480
2022 $4,718 $602,692 $412,459 $190,233
2021 $5,277 $440,407 $274,973 $165,434
2020 $3,895 $382,108 $274,973 $107,135
2019 $3,482 $310,478 $201,647 $108,831
2018 $3,529 $307,228 $196,701 $110,527
2017 $3,541 $311,855 $0 $0
2016 $3,577 $306,263 $0 $0
2015 $3,501 $286,223 $0 $0
2014 $3,787 $300,881 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 560053

Florida Keys Board of REALTORS®

APN: 00160320-000000