NOT LISTED FOR SALE

70 Sunset Key Dr Key West, FL 33040

Estimated Value: $2,329,000 - $2,720,000

2 Beds
2.5 Baths
1,681 Sq Ft
$1,492/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $1,700,000 $1,011 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $16,466/month

227 Days on Market

Highlights

  • Ocean View
  • Beach
  • Tennis Courts
  • Dock Facilities
  • Sandy Beach
  • Heated In Ground Pool

About This Home

As of January 2022

Just listed is your opportunity to live on exclusive Sunset Key. This charming two bedroom/two & a half bath home is the lowest priced on the island. Enjoy the renovated customized kitchen and large entertaining area. It also features a two level wrap around covered porches and the third level overlook with some open water views.

Last Agent to Sell the Property

Mark Grabowski

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3410568 Listed on: 06/08/2021

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Matthew Carlson

Realty ONE Group Destination License #3413493

Realty ONE Group Destination

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,717

Year Built

  • Built in 1999

Lot Details

  • 2,597 Sq Ft Lot
  • Sandy Beach
  • Sprinkler System

HOA Fees

  • $2,122 Monthly HOA Fees

Property Views

  • Ocean
  • Gulf

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,681 Sq Ft Home
  • Bar
  • Single Hung Windows
  • Sliding Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Heated In Ground Pool
  • First Come-First Served Dock
  • Dock Facilities
  • Tennis Courts
  • Deck

Location

  • Island Location

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00000200-000610

Community Details

Overview

  • Association fees include common area mnt, security
  • Sunset Key Island Unrcd Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,717

Year Built

Built in 1999

Lot Details

0

HOA Fees

$2,122 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 6365.00
  • Mandatory HOA: Yes
  • Fee Includes: Common Area Mnt, Other, Security
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Sunset Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Fire Hydrant, Tennis Courts, Spa, Manager on Premises, Community Pool
  • Off Shore Island: Yes
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 11716.80
  • Title: Negotiable
  • Year Built: 1999
  • Alternate Key Number: 8952879
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 2597.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Roof Top Deck
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1681.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Window Treatments, Smoke Alarms, Walk-in Closet(s), Fire Sprinkler, Built-in Cabinets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Ice Machine, Freezer, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: Dock Privileges, First Come Dock
  • Waterfront: Open Water
  • Waterfront: Yes
  • Construction: Frame
  • Exterior Features: Sandy Beach, Tennis Court(s), Sprinkler System
  • Roof: Metal Roof
  • Waterview: Bay/Gulf View, Ocean View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Water Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00000200-000610
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jan 21, 2022
Sold by
Horton Hidy and Horton Patty
Bought by
Rakes Michael Spencer and Rakes Carie T
Seller's Agent
Mark Grabowski
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Matthew Carlson
Realty ONE Group Destination
List Price
$1,795,000
Sold Price
$1,700,000
Premium/Discount to List
-$95,000
-5.29%
Current Estimated Value
$2,507,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$807,794
Avg. Annual Appreciation
10.89%
Original Mortgage
$1,190,000
Outstanding Balance
$936,271
Interest Rate
2.33%
Mortgage Type
New Conventional
Estimated Equity
$1,571,523

Purchase Details

Listed on
Jan 2, 2018
Closed on
Sep 14, 2018
Sold by
Triple Threat Llc
Bought by
Hidy Joseph and Hidy Patty Horton
Seller's Agent
Robert Cardenas
Ocean Sotheby's International Realty
Buyer's Agent
Non Res Agent
Non Res Member
List Price
$1,649,000
Sold Price
$1,550,000
Premium/Discount to List
-$99,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.78%

Purchase Details

Closed on
Jun 30, 2014
Sold by
Solomon Tracy and Solomon Marie
Bought by
Triple Threat Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$828,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2004
Sold by
Niece Joseph W
Bought by
Solomon Tracy and Nowell Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,475,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2003
Sold by
Siegel Robert H
Bought by
Niece Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2000
Bought by
Triple Threat Llc
Source: Public Records

Range of Values:

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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
Rakes Michael Spencer $1,700,000 Richard M Klitenick Pa
Hidy Joseph $1,550,000 None Listed On Document
Triple Threat Llc -- None Listed On Document
Hidy Joseph $1,550,000 Attorney
Hidy Joseph $1,550,000 None Listed On Document
Triple Threat Llc -- None Listed On Document
Triple Threat Llc $871,100 Attorney
Solomon Tracy $1,450,000 --
Niece Joseph W $875,000 --
Triple Threat Llc $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rakes Michael Spencer $1,190,000
Previous Owner Triple Threat Llc $828,000
Previous Owner Solomon Tracy $1,475,000
Previous Owner Niece Joseph W $612,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2022 01/25/22 Sold $1,700,000 -5.3% $1,011 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
06/08/2021 06/08/21 For Sale $1,795,000 +15.8% $1,068 / Sq Ft
09/14/2018 09/14/18 Sold $1,550,000 -6.0% $922 / Sq Ft View Prior Sale
08/14/2018 08/14/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $1,649,000 -- $981 / 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 $14,606 $1,724,472 $1,053,966 $670,506
2023 $14,606 $1,705,025 $1,053,966 $651,059
2022 $12,761 $1,544,819 $879,292 $665,527
2021 $12,132 $1,349,310 $757,908 $591,402
2020 $11,717 $1,305,932 $708,171 $597,761
2019 $11,521 $1,312,291 $708,171 $604,120
2018 $10,941 $1,180,326 $686,855 $493,471
2017 $11,668 $1,238,703 $0 $0
2016 $12,387 $1,243,285 $0 $0
2015 $13,509 $1,322,295 $0 $0
2014 $11,529 $1,078,172 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Grabowski

    Seller's Agent in 2022

    Mark Grabowski

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 783-2897

    12 Total Sales

    Mark Grabowski
    Section Image
  • Matthew Carlson

    Buyer's Agent in 2022

    Matthew Carlson

    Realty ONE Group Destination

    (612) 791-2345

    97 Total Sales

    Matthew Carlson
    Section Image

  • R

    Buyer Co-Listing Agent in 2022

    Robert Cardenas

    Ocean Sotheby's International Realty

  • Bob Cardenas

    Buyer Co-Listing Agent in 2022

    Bob Cardenas

    Ocean Sotheby's International Realty

    (305) 304-8292

    86 Total Sales

    Bob Cardenas
    Section Image

  • N

    Buyer's Agent in 2018

    Non Res Agent

    Non Res Member

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596422

Florida Keys Board of REALTORS®

APN: 00000200-000610

Florida Monroe County Key West 33040

70 Sunset Key Dr, Key West, FL

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