NOT LISTED FOR SALE

97 Palm Dr Key West, FL 33040

Estimated Value: $753,842 - $1,038,000

3 Beds
2 Baths
1,250 Sq Ft
$725/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $485,000 $388 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,185/month

210 Days on Market

Highlights

  • Home fronts a canal
  • Balcony
  • Walk-In Closet
  • No HOA
  • Impact Glass
  • 1-minute walk to Marathon Rotary Park

About This Home

As of April 2017

BRING ALL OFFERS! 3BR/2BA New home w/50' concrete seawall. Relax on your porch & admire the open water views as you plan your fishing or diving trip. Three large BR's, Master Suite has walk-in closet & en-suite Bath. This newly built home boasts 9' ceilings, hurricane impact windows & stainless steel kitchen appliances.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. License #605677 Listed on: 07/08/2015

Last Buyer's Agent

Jaime Caballero

Century 21 Prestige Realty Group (KW)

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,951

Year Built

  • Built in 2015

Lot Details

  • 3,540 Sq Ft Lot
  • Home fronts a canal
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1,250 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Water Views
  • Impact Glass
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00162050-000000

Community Details

Overview

  • No Home Owners Association
  • Bay Point Trlr Pk Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,951

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Control Depth: 2
  • Dockage Dock Length: 50
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Saddlebunch
  • Limited Representation: No
  • Mile Marker: 15.00
  • Min Rental Days: 28.00
  • 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: 1950.54
  • Vehicle Storage: Off Street Parking
  • Year Built: 2015
  • Alternate Key Number: 1207594
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 3540.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1250.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Refrigerator, Range
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Modular
  • Exterior Features: Fencing
  • Roof: Shingle Roof
  • Waterview: Open Water View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00162050-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2020
Sold by
Thomas Ledbetter
Bought by
Ledbetter Thomas
Current Estimated Value
$905,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2020
Sold by
Ledbetter Thomas and Hassani Frederic C
Bought by
Ledbetter Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2020
Sold by
Thomas Ledbetter
Bought by
Ledbetter Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Listed on
Jul 8, 2015
Closed on
Apr 28, 2017
Sold by
The Winston And Dixie Llc
Bought by
Ledbetter Thomas and Hassani Frederic C
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Jaime Caballero
Century 21 Prestige Realty Group (KW)
List Price
$539,000
Sold Price
$485,000
Premium/Discount to List
-$54,000
-10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$388,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2014
Closed on
Nov 21, 2014
Sold by
Poe Maureen E
Bought by
The Winston & Dixie Llc
Seller's Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
Buyer's Agent
Steve Schwartz
Seaport Realtors (KW)
List Price
$170,000
Sold Price
$150,000
Premium/Discount to List
-$20,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.76%
Original Mortgage
$150,000
Interest Rate
12%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 8, 1997
Sold by
Dameron Sheila J
Bought by
Poe Maureen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
7.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 1994
Sold by
Sameron Herbert A and Dameron Sheila J
Bought by
Dameron Shelia J

Purchase Details

Closed on
Oct 1, 1985
Bought by
The Winston And Dixie Llc

Purchase Details

Closed on
Feb 1, 1974
Bought by
The Winston And Dixie 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
Ledbetter Thomas $234,000 Title365
Ledbetter Thomas $234,000 Title365
Ledbetter Thomas $234,000 Title365
Ledbetter Thomas $485,000 None Available
The Winston & Dixie Llc $150,000 None Available
Poe Maureen E $73,000 --
Dameron Shelia J -- --
The Winston And Dixie Llc $39,000 --
The Winston And Dixie Llc $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledbetter Thomas $468,000
Previous Owner Ledbetter Thomas $468,000
Previous Owner Ledbetter Thomas $468,000
Previous Owner Ledbetter Thomas $388,000
Previous Owner The Winston & Dixie Llc $150,000
Previous Owner Poe Maureen E $58,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $485,000 -10.0% $388 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
07/08/2015 07/08/15 For Sale $539,000 +259.3% $431 / Sq Ft
11/21/2014 11/21/14 Sold $150,000 -11.8% $179 / Sq Ft
11/15/2014 11/15/14 Pending -- -- --
10/05/2014 10/05/14 For Sale $170,000 -- $202 / 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 $4,578 $524,592 -- --
2023 $4,578 $509,313 $0 $0
2022 $4,454 $494,479 $191,036 $303,443
2021 $4,276 $401,135 $134,715 $266,420
2020 $4,330 $403,434 $133,954 $269,480
2019 $4,364 $405,700 $135,476 $270,224
2018 $4,572 $416,511 $198,647 $217,864
2017 $3,729 $367,335 $0 $0
2016 $3,650 $367,670 $0 $0
2015 $1,620 $100,171 $0 $0
2014 $1,951 $144,542 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 567973

Florida Keys Board of REALTORS®

APN: 00162050-000000