NOT LISTED FOR SALE

7 Arbutus Dr Key West, FL 33040

Estimated Value: $1,678,000 - $1,927,000

3 Beds
2 Baths
2,268 Sq Ft
$777/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $615,000 $271 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $9,282/month

173 Days on Market

Highlights

  • Home fronts a canal
  • Granite Countertops
  • Workshop
  • Cathedral Ceiling
  • No HOA
  • Walk-In Closet

About This Home

As of April 2013

Recently renovated with great attention to detail, this waterfront split level home offers 3 bedrooms and 2 baths with an additional room that can be used as a fourth bedroom or separate office/playroom. Open floor plan, with beautiful gourmet kitchen & dining area, stainless steel appliances, separate utility room adjacent to kitchen with new washer & dryer and lots of storage. Large family room with high cathedral ceilings leading out to the wooden deck and patio area. 60ft of concrete seawall on wide clean canal with easy access to open water. Off street parking with additional street parking. Great family friendly neighborhood, with a five minute drive to Key West.

Last Agent to Sell the Property

Suzanne Moore

Truman & Co. (KW) Listed on: 10/28/2012

Last Buyer's Agent

Terri Spottswood

Prudential Knight Keyside Bran

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,894

Year Built

  • Built in 1965

Lot Details

  • 6,000 Sq Ft Lot
  • Home fronts a canal
  • Sprinkler System
  • Property is zoned IS - Improved Subivision District

Home Design

  • Split Level Home
  • Metal Roof

Interior Spaces

  • 2,268 Sq Ft Home
  • Cathedral Ceiling
  • Blinds
  • Workshop
  • Storage
  • Utility Room
  • Tile Flooring
  • Canal Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Key Haven 2Nd Add Subdivision

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,894

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Dockage Dock: Other
  • Dockage Seawall: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Haven
  • K W Neighborhood: Outside of Key West
  • Mile Marker: 5.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Other Terms
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4893.65
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1965
  • Alternate Key Number: 1169153
  • Building Style: Split Level
  • Cooling Heating: Central Air, Wall/Window Unit(s)
  • Lot Sq Ft: 6000.00
  • Shutters: Other
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 2268.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Window Treatments, Walk-in Closet(s), Granite Counter Top, Split Bedroom, Other, Cathedral Ceilings, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Microwave, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Outdoor Shower, Sprinkler System, Storage, Rain Gutters
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Lot Size: 60 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2012
Closed on
Apr 19, 2013
Sold by
Mack Thomas D and Moore Scarlet L
Bought by
Brewer Lloyd P and Brewer Iii Revocable T Lloyd P
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
Terri Spottswood
Prudential Knight Keyside Bran
List Price
$699,000
Sold Price
$615,000
Premium/Discount to List
-$84,000
-12.02%
Current Estimated Value
$1,762,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,147,831
Avg. Annual Appreciation
8.64%
Original Mortgage
$490,000
Interest Rate
4%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 16, 2009
Sold by
Wilson James E and Wilson Maria V
Bought by
Mack Thomas D and Moore Scarlet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2003
Sold by
Benson Happy L
Bought by
Wilson James E and Wilson Maria V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2000
Sold by
Taylor Sandra
Bought by
Benson Happy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
8.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 1996
Sold by
Kesar David
Bought by
Taylor Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 1994
Sold by
Barber Luana
Bought by
Kesar David and Taylor Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
8.46%

Purchase Details

Closed on
Aug 1, 1987
Bought by
Brewer Lloyd P Iii Revocable Trust 4/17/2009

Purchase Details

Closed on
May 1, 1978
Bought by
Brewer Lloyd P Iii Revocable Trust 4/17/2009
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brewer Lloyd P $615,000 Attorney
Mack Thomas D $505,000 Attorney
Wilson James E $520,000 Chicago Title Of The Fl Keys
Benson Happy L $415,000 --
Taylor Sandra $127,000 --
Kesar David $254,000 --
Brewer Lloyd P Iii Revocable Trust 4/17/2009 $130,000 --
Brewer Lloyd P Iii Revocable Trust 4/17/2009 $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Brewer Lloyd P $490,000
Previous Owner Mack Thomas D $305,000
Previous Owner Wilson James E $315,000
Previous Owner Taylor Sandra $311,250
Previous Owner Taylor Sandra $55,000
Previous Owner Kesar David $203,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2013 04/19/13 Sold $615,000 -12.0% $271 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
10/28/2012 10/28/12 For Sale $699,000 -- $308 / 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
2025 $549 $790,635 -- --
2024 $457 $768,353 -- --
2023 $457 $745,974 $0 $0
2022 $446 $724,247 $0 $0
2021 $6,284 $689,745 $0 $0
2020 $6,321 $641,516 $363,600 $277,916
2019 $6,204 $626,461 $348,450 $278,011
2018 $5,236 $548,767 $0 $0
2017 $5,083 $537,480 $0 $0
2016 $5,120 $526,426 $0 $0
2015 $5,270 $522,767 $0 $0
2014 $5,446 $518,618 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 117156

Florida Keys Board of REALTORS®

APN: 00134850-000000