NOT LISTED FOR SALE

Estimated Value: $720,000 - $847,000

2 Beds
2 Baths
915 Sq Ft
$858/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $715,000 $781 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,613/month

43 Days on Market

About This Home

As of April 2023

Here is that KCB charm of days past... Paradise...is what those who own or rent on call 7th Street in Key Colony Beach. See why, when you visit this lovely 2 bedroom/2 bath half duplex. Great views from the open concept kitchen and living rooms. Great paved patio for dining and entertaining. Ideal location for the angler, diver or boating enthusiast, only 5 minutes to the open ocean and gulf. This is the perfect home for your BIG Boat...dock for up to 40-42 footer. All in Key Colony, where you can walk or bike the entire city or play golf, pickleball, tennis, bocce ball, basket ball & horseshoes. Come home to Paradise! 3D Tour coming soon!

Last Listed By

Karen Raspe, PA

Ocean Sotheby's International License #3226605 Listed on: 01/14/2023

Ocean Sotheby's International

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,352

Year Built

1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Half Duplex
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 5
  • Dockage Dock: Wood
  • Dockage Dock Length: 30
  • Dockage Seawall: Concrete
  • Fee Includes: None
  • Key Island: Key Colony
  • Limited Representation: No
  • Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
  • Mile Marker: 53.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Tennis Courts, Bike Paths, Airstrip, Beach
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4668.91
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Year Built: 1959
  • Alternate Key Number: 1084018
  • Building Style: Ground Level
  • Cooling Heating: Wall/Window Unit(s), Ceiling Fans(s)
  • Lot Sq Ft: 3325.00
  • Porch Balcony: Patio
  • Shutters: Accordion, Panel
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 915.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cathedral Ceilings, Window Treatments, Quartz Countertops
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Washer, Microwave, Range, Refrigerator, Dryer
  • Floor: Tile, Carpet
  • Windows/Doors: Jalousie Windows, Sliding Glass Doors, Single Hung Windows
  • Total Bedrooms: 2

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: CBS, Combo Construction
  • Roof: Tar/Gravel Roof
  • Waterview: Canal View
  • Pool: No

Utilities

  • Security: Patrolled Area
  • Utilities: FKAA, Cable Available, Buyer to Verify, Municipal Sewer
  • Heating: Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00078270-000000
  • Lot Size: 20 X 110
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Partially

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2023
Closed on
Apr 17, 2023
Sold by
Shaffer Robert N and Shaffer Mary E
Bought by
Matthew Cully Kinnick And Justine Eb Kinnick
Seller's Agent
Karen Raspe, PA
Ocean Sotheby's International
Buyer's Agent
Kelly Randin
Sharon J. Kelly Realty, Inc.
List Price
$759,000
Sold Price
$715,000
Premium/Discount to List
-$44,000
-5.8%
Total Days on Market
43
Views
76
Current Estimated Value
$785,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,178
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Apr 19, 2017
Sold by
Wright Thomas D
Bought by
Shaffer Robert N and Shaffer Mary E

Purchase Details

Closed on
Dec 27, 1999
Sold by
Jane T Shover Easter Sea Rehab Center
Bought by
Shaffer Robert N and Shaffer Mary E

Range of Values:

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Average Value
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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
Matthew Cully Kinnick And Justine Eb Kinnick -- None Listed On Document
Matthew Cully Kinnick And Justine Eb Kinnick $715,000 None Listed On Document
Shaffer Robert N -- Attorney
Shaffer Robert N $151,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2023 04/17/23 Sold $715,000 -5.8% $781 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
01/14/2023 01/14/23 For Sale $759,000 -- $830 / Sq Ft
Source: Marathon and Lower Keys Association 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 $5,352 $626,939 $504,405 $122,534
2023 $5,352 $609,329 $451,238 $158,091
2022 $4,863 $549,011 $392,718 $156,293
2021 $4,242 $376,607 $242,661 $133,946
2020 $3,916 $357,048 $224,905 $132,143
2019 $4,050 $373,427 $239,701 $133,726
2018 $3,578 $336,065 $230,824 $105,241
2017 $3,594 $375,661 $0 $0
2016 $3,330 $311,710 $0 $0
2015 $3,152 $306,371 $0 $0
2014 $2,992 $284,326 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 603787

APN: 00078270-000000