NOT LISTED FOR SALE

901 W Ocean Dr Unit 3A Key Colony Beach, FL 33051

Estimated Value: $1,526,000 - $1,745,000

3 Beds
3.5 Baths
2,697 Sq Ft
$1,292/mo HOA Fee

Last Sold July 01, 2013

Last sale price $1,260,000 $467 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,487/month

107 Days on Market

Highlights

  • Ocean Front
  • Beach
  • Building Security
  • Coral Shores High School Rated A
  • Sandy Beach
  • In Ground Pool

About This Home

As of July 2013

Elegant Beach Front Penthouse with Breathtaking Ocean Views! This Luxurious Residence offers an impressive flowing open floor plan design with a gracious living area, dining area and den. The gourmet kitchen has granite counters, wood cabinetry, wine cooler, built in cabinet style refrigerator and dish washer as well as a built in glass top range, microwave and oven with warmer.

Last Listed By

Terri Bodker

LoKation Real Estate License #3049661 Listed on: 02/12/2013

LoKation Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,623

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • Sandy Beach
  • Privacy Fence

HOA Fees

  • $1,292 Monthly HOA Fees

Interior Spaces

  • 2,697 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Tray Ceiling
  • Blinds
  • Entrance Foyer
  • Storage
  • Utility Room
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Carport
  • Automatic Garage Door Opener
  • Electric Gate

Pool

  • In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony

Utilities

  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 90
  • Assessor Parcel Number 00078800-000104

Community Details

Overview

  • Association fees include bldg exterior mnt, sewer, exterminating, common area mnt, building insurance
  • 6 Units
  • Key Colony Bch 1St Addn Amd Plat Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts

Pet Policy

  • Pet Restriction: 1

Security

  • Building Security
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,623

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,292 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 3875.00
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Bldg Exterior Mnt, Sewer, Other, Exterminating, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key Colony
  • Limited Representation: No
  • Mile Marker: 53.50
  • Min Rental Days: 90.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts, Other Area Features, Fire Hydrant
  • Off Shore Island: No
  • Pets W Restrictions: 1
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 9622.51
  • Vehicle Storage: Attached, Garage, Covered Parking, Carport, Auto Door Opener
  • Year Built: 2005
  • Alternate Key Number: 9083168
  • Pool Info: Decked, In Ground
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: None
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 2697.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Bar, Pantry, Window Treatments, Whirlpool Bath Tub, Walk-in Closet(s), Tray Ceilings, Storage, Smoke Alarms, Granite Counter Top, Drapes/Blinds Incl, Fire Sprinkler, Entrance Foyer, Elevator
  • Floor Number: 3.00
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Trash Compactor, Wine Cooler, Washer, Range, Refrigerator, Oven, Microwave, Ice Machine, Dryer, Disposal
  • Floor: Carpet, Marble
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None, Other Dockage
  • Waterfront: Oceanfront, Open Water
  • Waterfront: Yes
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence, Sandy Beach, Storage
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00078800-000104
  • Land Size: 1/2 - Less Than 1 AC

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2012

Multi Family

  • Total Units: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2013
Closed on
Jul 1, 2013
Sold by
Saternow Jay W and Saternow Patricia Ann
Bought by
Martin Charles L and Martin Joy
Seller's Agent
Terri Bodker
LoKation Real Estate
Buyer's Agent
Terri Bodker
Ocean Bay Realty of the Keys
List Price
$1,395,000
Sold Price
$1,260,000
Premium/Discount to List
-$135,000
-9.68%
Total Days on Market
107
Current Estimated Value
$1,636,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,515
Avg. Annual Appreciation
2.95%
Original Mortgage
$1,008,000
Outstanding Balance
$747,762
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,031,031

Purchase Details

Closed on
Aug 13, 2010
Sold by
Thomasson James W
Bought by
Saternow Jay W and Saternow Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2005
Sold by
Ocean Development Group Llc
Bought by
Thomasson James W and Thomasson Shirley Ann

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
Martin Charles L $1,260,000 Attorney
Saternow Jay W $1,198,000 Attorney
Thomasson James W $1,800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Charles L $1,008,000
Previous Owner Saternow Jay W $798,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2013 07/01/13 Sold $1,260,000 -9.7% $467 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $1,395,000 -- $517 / 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 $13,462 $1,399,708 -- $1,399,708
2023 $13,462 $1,399,708 $0 $1,399,708
2022 $12,211 $1,281,503 $0 $1,281,503
2021 $11,390 $1,091,940 $0 $1,091,940
2020 $10,761 $1,066,576 $0 $1,066,576
2019 $10,370 $1,025,228 $0 $1,025,228
2018 $9,975 $1,025,228 $0 $0
2017 $9,512 $1,000,556 $0 $0
2016 $11,455 $1,163,572 $0 $0
2015 $11,613 $1,163,572 $0 $0
2014 $11,112 $1,081,497 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 560371

Florida Keys Board of REALTORS®

APN: 00078800-000104