NOT LISTED FOR SALE

1 Nassau Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $822,809 - $887,000

1 Bed
1 Bath
486 Sq Ft
$1,749/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $605,000 $1,245 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,163/month

96 Days on Market

Highlights

  • Deck
  • Quartz Countertops
  • Stainless Steel Appliances
  • Wood Flooring
  • No HOA
  • Balcony

About This Home

As of June 2021

Charmingly quaint and cozy 1BR/1BA Key West Cottage stands tasteful & modest on rare & quiet lane located just off of Fleming Street. Conveniently close to the Historic Seaport & many more fun attractions & activities Key West has to offer such as restaurants, parks & local art galleries. The one story home includes a great sized kitchen with built-in cabinets, cathedral ceilings, laundry/utility room & hardwood/tile floors. Curtained by mature tropical foliage rests the perfect home for anyone seeking a tranquil island life setting. **Tenant occupied, 24 Hour notice required for showings. Tenant lease in place until Fall 2021.

Last Agent to Sell the Property

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-395-2360 Listed on: 02/16/2021

Co-Listed By

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-395-2360 License #161619

Last Buyer's Agent

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-395-2360 Listed on: 02/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,868

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • 748 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 486 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00007340-000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,868

Year Built

Built in 1918 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 2868.00
  • Title: Negotiable
  • Year Built: 1918
  • Alternate Key Number: 8670389
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 748.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 486.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 305-395-2360
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Quartz Countertops, Storage
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Dryer
  • Floor: Wood
  • Windows/Doors: Wood Windows
  • Total Bedrooms: 1
  • Sq Ft Remarks: Buyer to verify square footage

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Shed, Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Municipal Sewer, FKAA, Cable Available

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00007340-000200
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 25, 2021
Sold by
Amstad Alois J
Bought by
Amstad Alois J
Current Estimated Value
$864,305

Purchase Details

Listed on
Feb 16, 2021
Closed on
Jun 8, 2021
Sold by
Urquiola Joanne R and Rodriguez Jose A
Bought by
Amstad Alois J and Jimenez Nelson
Seller's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
Buyer's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
List Price
$599,000
Sold Price
$605,000
Premium/Discount to List
$6,000
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Jul 24, 2002
Sold by
Alfred Salas I
Bought by
Urquiola Joanne R and Rodriguez Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2000
Sold by
Clifford Dorothy A
Bought by
Salas Alfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,400
Interest Rate
8.11%

Purchase Details

Closed on
Aug 5, 1999
Sold by
Tracy Robert L and Tracy Leard W
Bought by
Clifford Dorothy A

Purchase Details

Closed on
Jun 17, 1996
Sold by
Terry L Statton Tr
Bought by
Tracy Robert L and Leard Celia A

Purchase Details

Closed on
Jan 1, 1995
Bought by
Urquiola Joanne R

Purchase Details

Closed on
Mar 1, 1988
Bought by
Urquiola Joanne R

Purchase Details

Closed on
Jun 1, 1984
Bought by
Urquiola Joanne R
Source: Public Records

Range of Values:

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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
Amstad Alois J -- None Listed On Document
Amstad Alois J $605,000 Upland Title Agency Llc
Urquiola Joanne R $204,000 --
Salas Alfred $167,000 --
Clifford Dorothy A $149,500 --
Tracy Robert L $88,000 --
Urquiola Joanne R $84,000 --
Urquiola Joanne R $59,000 --
Urquiola Joanne R $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tracy Robert L $183,600
Previous Owner Tracy Robert L $0
Previous Owner Tracy Robert L $177,600
Previous Owner Tracy Robert L $33,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2021 06/08/21 Sold $605,000 +1.0% $1,245 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $599,000 -- $1,233 / 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 $5,440 $705,865 $457,794 $248,071
2023 $5,440 $620,821 $392,435 $228,386
2022 $4,805 $528,128 $297,342 $230,786
2021 $2,955 $288,611 $212,908 $75,703
2020 $2,869 $280,190 $200,846 $79,344
2019 $2,707 $262,294 $181,117 $81,177
2018 $2,524 $234,608 $166,063 $68,545
2017 $2,563 $234,633 $0 $0
2016 $2,880 $259,667 $0 $0
2015 $2,737 $239,006 $0 $0
2014 $2,578 $207,845 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Team Spottswood/Vazquez

    Seller's Agent in 2021

    Team Spottswood/Vazquez

    Truman & Co. (KW)

    (305) 395-1777

    121 in this area

    344 Total Sales

    Section Image
  • Terri Spottswood

    Seller Co-Listing Agent in 2021

    Terri Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    122 in this area

    342 Total Sales

    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 594714

Florida Keys Board of REALTORS®

APN: 00007340-000200

Florida Monroe County Key West 33040 Old Town

1 Nassau Ln, Key West, FL

This home is located at 1 Nassau Ln, Key West, FL 33040 since 16 February 2021 and is currently estimated at $850,202, approximately $1,749 per square foot. This property was built in 1918. 1 Nassau Ln is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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