NOT LISTED FOR SALE

Estimated Value: $673,000 - $774,000

1 Bed
1 Bath
640 Sq Ft
0.72 Acres

Last Sold May 26, 2017

Last sale price $430,000 $672 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,472/month

70 Days on Market

Highlights

  • Building Security
  • Deck
  • Lanai
  • Heated In Ground Pool
  • Wood Flooring
  • 4-minute walk to Key West Dog Beach

About This Home

As of May 2017

Beautiful Condo in the Casa Marina! This one bedroom, one bath condominium offers private outdoor space and off street parking. The condo features hardwood floors, an updated bath, & a spacious covered deck for relaxing or dining al fresco. Southpark has serene tropical grounds, heated pool, and laundry room. Ideal location near fine dining, White Street Pier, tennis/bocce courts, & Duval Street.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 02/08/2017

Last Buyer's Agent

Ronald Hammer

Key West Properties (KW) License #368405

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,251

Year Built

  • Built in 1958

Lot Details

  • Privacy Fence
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 640 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Double Hung Windows
  • Blinds
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Lanai

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 180
  • Assessor Parcel Number 00037761-000200

Community Details

Overview

  • No Home Owners Association
  • $475 Maintenance Fee
  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • 16 Units
  • Southpark Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Security

  • Building Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,251

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Maintenance Fee: 475.00
  • Mandatory HOA: No
  • Document Count: 4
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Casa Marina
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 180.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3251.28
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Year Built: 1958
  • Alternate Key Number: 8644019
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • Shutters: Panel
  • Species List: Yes
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 640.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Drapes/Blinds Incl
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Microwave, Range, Refrigerator, Oven
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Privacy Wall/Fence, Lanai
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Secured Building
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00037761-000200
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2022
Sold by
Richard Rasmussen Steven
Bought by
Lanza Annemarie
Current Estimated Value
$727,878

Purchase Details

Closed on
Feb 27, 2020
Sold by
Douglasiv Robert Dick
Bought by
Rasmussen Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2017
Closed on
May 26, 2017
Sold by
Freeman Peter R
Bought by
Douglas Robert Dick
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Ronald Hammer
Key West Properties (KW)
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$344,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 13, 2002
Sold by
Ronald W Cox I
Bought by
Freeman Peter R

Purchase Details

Closed on
Aug 1, 1988
Bought by
Freeman Peter R

Purchase Details

Closed on
Nov 1, 1983
Bought by
Freeman Peter R
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
Lanza Annemarie $645,000 Oropeza Stones Cardenas Pllc
Rasmussen Richard $500,000 Attorney
Douglas Robert Dick $430,000 Attorney
Freeman Peter R $228,500 --
Freeman Peter R $95,500 --
Freeman Peter R $54,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rasmussen Steven Richard $100,000
Previous Owner Rasmussen Steven Richard $25,000
Previous Owner Rasmussen Steven Richard $411,000
Previous Owner Rasmussen Richard $450,000
Previous Owner Douglas Robert Dick $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $430,000 -9.5% $672 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $475,000 -- $742 / 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 $4,999 $612,860 -- $612,860
2023 $4,999 $542,021 $0 $542,021
2022 $4,420 $518,292 $0 $518,292
2021 $4,095 $418,834 $0 $418,834
2020 $3,216 $360,304 $0 $360,304
2019 $3,166 $352,204 $0 $352,204
2018 $3,669 $361,702 $0 $0
2017 $3,533 $372,556 $0 $0
2016 $3,251 $292,683 $0 $0
2015 $3,339 $292,683 $0 $0
2014 $3,451 $291,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 574222

Florida Keys Board of REALTORS®

APN: 00037761-000200