NOT LISTED FOR SALE

7 Mccoy Cir Unit 7 Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,449,000 - $1,880,000

2 Beds
2.5 Baths
1,512 Sq Ft
$1,067/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $1,410,000 $933 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,966/month

6 Days on Market

Highlights

  • Assigned Dock
  • Boat Slip
  • Deck
  • Property fronts gulf or ocean
  • Concrete Pool
  • Marble Flooring

About This Home

As of January 2022

Discover your new lifestyle in this Key West townhome with amazing open water views and a private boat slip! Arrive at the wide driveway with ample room for multiple cars and enter inside this bright and airy newer construction through the 2nd level. You'll want to linger in the dramatic open living room while the neutral colors, chic marble floors, and high ceilings with recessed lighting offer a contemporary feel. Prepare meals with ease and a view in the open kitchen with all you need, plus an island for extra countertop space. A large dining area and powder room completes the main floor all overlooking a large open balcony with Gulf of Mexico views. The second floor offers two large en-suite bedrooms with hardwood floors and endless views. The community is well maintained with concrete heated pool & floating sunset dock, what more could you ask for? Come envision your new beginning!

Last Agent to Sell the Property

Jimmy Lane

Century 21 Schwartz Realty (KW) Listed on: 12/16/2021

Last Buyer's Agent

Jennifer Newman

Doug Mayberry Real Estate (KW)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,590

Year Built

  • Built in 2001

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $987 Monthly HOA Fees

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,512 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Sliding Doors
  • Storage
  • Gulf Views

Kitchen

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

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • Carport
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Boat Slip
  • Assigned Dock
  • Balcony
  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00001810-000107

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Flaglers Landing Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: 2 pets per unit

Security

  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,590

Year Built

Built in 2001

Lot Details

0

HOA Fees

$987 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 987.00
  • Mandatory HOA: Yes
  • Control Depth: 3
  • Document Count: 2
  • Fee Includes: Bldg Exterior Mnt, Other, Common Area Mnt, Building Insurance
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Other Area Features
  • Off Shore Island: No
  • Pets W Restrictions: 2 pets per unit
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5589.75
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Covered Parking, Carport
  • Year Built: 2001
  • Alternate Key Number: 8988244
  • Building Style: Townhouse
  • Cooling Heating: Central Air
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Species List: No
  • Tax Exemptions: Homestead, None
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 1512.00
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Cathedral Ceilings, Storage, Granite Counter Top
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave
  • Floor: Marble, Wood, Tile
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Doors, Other Windows/Doors, Sliding Glass Doors, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Assigned Dock, Boat Slip
  • Waterfront: Gulf Front, Open Water
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Waterview: Bay/Gulf View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00001810-000107
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
Fod Capital Llc
Bought by
Raymond Michael and Raymond Dannielle
Total Days on Market
6
Current Estimated Value
$1,613,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$148,485
Interest Rate
6.31%
Mortgage Type
Seller Take Back
Estimated Equity
$1,490,860

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 6, 2022
Sold by
Edward Scharer John and Edward Claire Jane
Bought by
Fod Capital Llc
Seller's Agent
Jimmy Lane
Century 21 Schwartz Realty (KW)
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$1,299,000
Sold Price
$1,410,000
Premium/Discount to List
$111,000
8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%

Purchase Details

Closed on
Oct 22, 2020
Sold by
Scharer John Edward and Scharer Revocable Living Trust
Bought by
Scharer John Edward and Scharer Jane Claire

Purchase Details

Closed on
Jul 19, 2016
Sold by
Scharer John Edward and Scharer Jane Claire
Bought by
Scharer John Edward and Scharer Jane Claire

Purchase Details

Closed on
Mar 20, 2015
Sold by
Scharer John Edward and Scharer Jane Claire
Bought by
Scharer John Edward and Scharer Jane Claire

Purchase Details

Closed on
Jan 2, 2006
Sold by
Flaglers Landing Inc
Bought by
Scharer John Edward and Scharer Jane Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,750
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Raymond Michael $1,400,000 --
Fod Capital Llc $1,410,000 Oropeza Stones Cardenas Pllc
Scharer John Edward -- Attorney
Scharer John Edward -- None Available
Scharer John Edward -- None Available
Scharer John Edward $1,225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raymond Michael $500,000
Previous Owner Scharer John Edward $314,000
Previous Owner Scharer John Edward $448,000
Previous Owner Scharer John Edward $937,750
Previous Owner Scharer John Edward $925,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $1,410,000 +8.5% $933 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $1,299,000 -- $859 / 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 $11,088 $1,270,214 -- $1,270,214
2023 $11,088 $1,270,214 $0 $1,270,214
2022 $9,818 $1,135,489 $0 $1,135,489
2021 $5,685 $640,975 $0 $640,975
2020 $5,590 $632,126 $0 $632,126
2019 $5,508 $617,914 $0 $617,914
2018 $5,978 $617,914 $0 $0
2017 $6,078 $617,914 $0 $0
2016 $6,105 $589,660 $0 $0
2015 $5,827 $561,461 $0 $0
2014 -- $483,108 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jimmy Lane

    Century 21 Schwartz Realty (KW)

  • J

    Buyer's Agent in 2022

    Jennifer Newman

    Doug Mayberry Real Estate (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598869

Florida Keys Board of REALTORS®

APN: 00001810-000107

Florida Monroe County Key West 33040 Mid Town

7 Mccoy Cir Unit 7, Key West, FL

This home is located at 7 Mccoy Cir Unit 7, Key West, FL 33040 since 16 December 2021 and is currently estimated at $1,613,039, approximately $1,066 per square foot. This property was built in 2001. 7 Mccoy Cir Unit 7 is a home located in Monroe County with nearby schools including Poinciana Elementary School, Key West High School, and Grace Lutheran 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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