NOT LISTED FOR SALE

62 Sunset Key Dr Key West, FL 33040

Estimated Value: $2,332,259 - $3,434,000

2 Beds
2.5 Baths
1,681 Sq Ft
$1,591/Sq Ft Est. Value

Last Sold September 11, 2015

Last sale price $1,500,000 $892 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $16,971/month

Highlights

  • Ocean View
  • Tennis Courts
  • Deck
  • Boating
  • Concrete Pool
  • Great Room

About This Home

As of September 2015

This is the finest example of a two bedroom interior home on prestigious Sunset Key Island in sunny Key West Florida. The Owner has spared no expense adding features like custom wall coverings, granite counters, wood floors, top grade appliances, and upgrades too numerous to list. Walking distance to three pristine beaches, tennis courts, a gourmet restaurant, and all the features found in a four star resort, make this a one of a kind property. Sunset Key island is conveniently located a short three minute boat ride from Historic Downtown Key West, provides quiet island ambiance, while still minutes from some of the best restaurants, nightlife, rich history, and all Key West has to offer. The island ferry runs 24/7.

Last Agent to Sell the Property

Bob Cardenas

MMLS Assoc.-Inactive Member License #3209185 Listed on: 07/30/2015

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Non Fll Agent

NON FLL OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,853

Year Built

  • Built in 1998

Lot Details

  • 3,354 Sq Ft Lot
  • East Facing Home
  • Property is zoned INC

HOA Fees

  • $1,649 Monthly HOA Fees

Parking

  • 99 Car Garage

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,681 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • Ceiling Fan
  • French Doors
  • Great Room
  • Ocean Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Tennis Courts
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Sunset Key Island Subdivision
  • Mandatory home owners association
  • The community has rules related to no recreational vehicles or boats

Recreation

  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,853

Year Built

Built in 1998

Lot Details

0

HOA Fees

$1,648 per month

Parking

99

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: CALL LISTNG AGENT. MUST ACCOMPANY DUE TO RESTRICTED ISLAND ACCESS.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Sunset Key Island
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Fire Sprinklers, French Doors, Split Bedroom, Great Room
  • Spa Yn: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 1681
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Primary Bedroom Upstairs, Entry Level, Other
  • Living Room Features: Great Room

Exterior Features

  • Roof: Metal Roof
  • View: Ocean
  • Exterior Features: Open Balcony, Outdoor Shower, Tennis Court(s)
  • Construction Type: Frame
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony, Open Porch, Patio, Wrap Around
  • Pool Features: In Ground, Concrete, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Sunset Key Island
  • Covered Parking Spaces: 99
  • Garage Spaces: 99
  • Parking Features: Covered, Other, No Rv/Boats

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 4946
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Additional Amenities, Boating, Mandatory Hoa
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Lot Size Sq Ft: 3354
  • Zoning: INC
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 12853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2015
Closed on
Sep 11, 2015
Sold by
Mcgregor R D and Mcgregor Debbie R
Bought by
Hunt Gregory A and Hunt Cathy C
Seller's Agent
Bob Cardenas
MMLS Assoc.-Inactive Member
Buyer's Agent
Non Fll Agent
NON FLL OFFICE
List Price
$1,695,000
Sold Price
$1,500,000
Premium/Discount to List
-$195,000
-11.5%
Current Estimated Value
$2,675,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,175,065
Avg. Annual Appreciation
5.77%
Original Mortgage
$950,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 24, 2004
Sold by
Key West Sunset Properties Llc
Bought by
Mcgregor R D and Mcgregor Debbie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2003
Sold by
Donley Scott D and Donley Rosemarie
Bought by
Key West Sunset Properties Llc

Purchase Details

Closed on
Sep 19, 2000
Sold by
China Richard L
Bought by
Donley Scott D and Donley Rosemarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
8.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 1999
Bought by
Hunt Gregory A and Hunt Cathy C
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Hunt Gregory A $1,500,000 Attorney
Mcgregor R D $1,000,000 --
Key West Sunset Properties Llc -- --
Donley Scott D $750,000 --
Hunt Gregory A $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donley Scott D $800,000
Closed Hunt Gregory A $950,000
Previous Owner Mcgregor R D $1,000,000
Previous Owner Donley Scott D $720,000
Previous Owner Donley Scott D $700,000
Previous Owner Donley Scott D $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2015 09/11/15 Sold $1,500,000 0.0% $892 / Sq Ft View Prior Sale
09/11/2015 09/11/15 Sold $1,500,000 -11.5% $892 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $1,695,000 0.0% $1,008 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
10/27/2014 10/27/14 For Sale $1,695,000 -- $1,008 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $16,191 $2,103,573 $1,372,708 $730,865
2024 $15,891 $1,922,739 $1,197,755 $724,984
2023 $15,891 $1,893,372 $1,197,755 $695,617
2022 $14,347 $1,743,102 $1,065,868 $677,234
2021 $13,636 $1,521,010 $918,728 $602,282
2020 $13,125 $1,467,126 $858,436 $608,690
2019 $13,241 $1,473,533 $858,436 $615,097
2018 $12,287 $1,329,801 $832,597 $497,204
2017 $11,909 $1,264,945 $0 $0
2016 $13,030 $1,309,472 $0 $0
2015 $12,446 $1,256,815 $0 $0
2014 $12,853 $1,246,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2152900

MIAMI REALTORS® MLS

APN: 00000200-000602