NOT LISTED FOR SALE

62 Bay Dr Key West, FL 33040

Estimated Value: $1,563,000 - $2,237,000

3 Beds
2.5 Baths
1,904 Sq Ft
$1,012/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $1,035,000 $544 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $10,721/month

81 Days on Market

Highlights

  • Dock made with wood
  • Tennis Courts
  • Gulf View
  • Property Fronts a Bay or Harbor
  • RV or Boat Parking
  • 1-minute walk to Marathon Rotary Park

About This Home

As of April 2018

Beautiful sunset views from this 3BD/2.5BA open water home nestled on a tropically landscaped 20,000 sf lot! This custom built Glenn Gray designed home includes a colossal wrap-around porch, custom Kitchen with stainless appliances & breakfast bar, two-story Living Room, spacious Bedrooms and upstairs Master Suite complete with Study & private balcony. Enjoy panoramic open water views from all angles of the house, especially from the widow's walk. Private dock provides easy access for all of your water activities. 2-Car oversized garage for all of your toys. Located just minutes from the magic of Key West!

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 11/29/2017

Last Buyer's Agent

Terri Spottswood

Truman & Co. (KW) License #161619

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,245

Year Built

  • Built in 1992

Lot Details

  • 0.46 Acre Lot
  • Property Fronts a Bay or Harbor
  • Property is zoned IS - Improved Subivision District

Home Design

  • Widow's Walk
  • Metal Roof
  • HardiePlank Siding
  • Stucco

Interior Spaces

  • 1,904 Sq Ft Home
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Sliding Doors
  • Loft
  • Storage
  • Laundry Room
  • Gulf Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

  • Complete Roll Down Shutters
  • Fire and Smoke Detector

Parking

  • Garage
  • Guest Parking
  • Off-Street Parking
  • RV or Boat Parking

Outdoor Features

  • Dock made with wood
  • Tennis Courts
  • Balcony
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00160610-000000

Community Details

Overview

  • No Home Owners Association
  • Bay Point Amd & 1St Subdivision
  • Rental Restrictions
  • RV Parking in Community

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,245

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Dockage Fixed Bridge Height: 10
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Saddlebunch
  • Limited Representation: No
  • Mile Marker: 15.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features, Tennis Courts
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5244.96
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Off Street Parking, Trailer Storage, RV Parking Open, Guest Parking, Garage
  • Year Built: 1992
  • Alternate Key Number: 1206181
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 19900.00
  • Porch Balcony: Open Porch/Balcony, Widow's Walk
  • Shutters: Roll Down Manual
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1904.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bar, Pantry, Walk-in Closet(s), Storage, Split Bedroom, Smoke Alarms, Sky Light(s), Cathedral Ceilings, Drapes/Blinds Incl
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Loft
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Bay Front, Open Water
  • Waterfront: Yes
  • Construction: Hardi Board Siding, Stucco
  • Exterior Features: Storage
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Open Water View
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, FKAA, Municipal Sewer, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE,VE
  • Parcel Number: 00160610-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.46

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2017
Closed on
Apr 9, 2018
Sold by
Engel Family Trust
Bought by
Buckheim Richard Albert and Buckheim Su
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Terri Spottswood
Truman & Co. (KW)
List Price
$1,199,000
Sold Price
$1,035,000
Premium/Discount to List
-$164,000
-13.68%
Current Estimated Value
$1,926,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$891,849
Avg. Annual Appreciation
8.21%

Purchase Details

Listed on
Nov 29, 2017
Closed on
Apr 6, 2018
Sold by
Engel Rainer
Bought by
Bailey Susan Helen and Richard Albert Buckheim And Susan Helen
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Terri Spottswood
Truman & Co. (KW)
List Price
$1,199,000
Sold Price
$1,035,000
Premium/Discount to List
-$164,000
-13.68%

Purchase Details

Closed on
Jul 13, 2015
Sold by
Engel Rainer M E and Engel Dorothy E
Bought by
Engel Family Trust

Purchase Details

Closed on
Aug 1, 1989
Bought by
Engel Family Trust 12/5/2014
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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Purchase History

Date Buyer Sale Price Title Company
Buckheim Richard Albert $1,035,000 None Listed On Document
Buckheim Richard Albert $100 None Listed On Document
Buckheim Richard Albert $100 None Listed On Document
Buckheim Richard Albert $100 None Listed On Document
Bailey Susan Helen -- Attorney
Balley Susan Helen -- Attorney
Engel Family Trust -- Attorney
Engel Family Trust 12/5/2014 $80,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2018 04/06/18 Sold $1,035,000 -13.7% $544 / Sq Ft
02/18/2018 02/18/18 Pending -- -- --
11/29/2017 11/29/17 For Sale $1,199,000 -- $630 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $8,594 $1,025,126 -- --
2024 $8,290 $996,236 -- --
2023 $8,290 $967,220 $0 $0
2022 $8,065 $939,049 $0 $0
2021 $8,354 $911,699 $0 $0
2020 $8,318 $899,112 $0 $0
2019 $8,162 $878,898 $588,642 $290,256
2018 $8,837 $885,020 $581,876 $303,144
2017 $5,207 $550,580 $0 $0
2016 $5,245 $539,256 $0 $0
2015 $5,399 $535,507 $0 $0
2014 $5,580 $531,257 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lisa Ferringo

    Coldwell Banker Schmitt RE Co.

  • Terri Spottswood

    Buyer's Agent in 2018

    Terri Spottswood

    Truman & Co. (KW)

    (305) 587-3407

    283 Total Sales

    Terri Spottswood
    Section Image
  • John Spottswood

    Buyer Co-Listing Agent in 2018

    John Spottswood

    Truman & Co. (KW)

    (305) 432-4848

    261 Total Sales

    John Spottswood
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 577641

Florida Keys Board of REALTORS®

APN: 00160610-000000

Florida Monroe County Key West 33040

62 Bay Dr, Key West, FL

Not Listed for Sale

Detached

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