101 Front St Unit 1 Key West, FL 33040
Truman Annex NeighborhoodEstimated Value: $1,506,644 - $1,784,000
2
Beds
3
Baths
1,292
Sq Ft
$1,259/Sq Ft
Est. Value
About This Home
As of November 2023Located in one of Key West's most prestigious gated communities, The Truman Annex, The Foundry townhomes provide luxury living in a historic setting. This home offering prime location, stunning natural light from windows on two sides and is being offered fully furnished with ample rental income make this perhaps the most desired unit of the Foundry townhomes.Renovated in the 1990's and originally the machine shop, it was transformed into an expansive space with high ceilings, few interior walls, lots of French windows and a graceful classic entrance. The gated private front entrance is complete with a roomy sitting porch. Beautiful white french doors open to the living room with lofty ceilings and galley kitchen. Located just off the kitchen area is your own private side courtyard, singular only to the corner townhomes. Beautifully manicured with lush plants and trees, enjoy the all-weather deck tucked away in your private sanctuary.The tri-level design creates privacy with three distinct living areas and gives you peace of mind with entirely impact resistant windows & doors throughout. The 1st floor is comprised of living room, kitchen, and a half-bath. The staircase continues to the 2nd floor with the primary spacious bedroom complete with king size bed and full bathroom. Here you will also find a comfortable private balcony. The 2nd floor houses the laundry hidden behind a discreet shade. The staircase then leads to the 3rd floor where you find the second spacious bedroom, complete with queen size bed, and a full second bathroom. Both bedrooms have bamboo flooring and are nicely furnished making all 1292 sq ft of this home feel warm and inviting. Steps from the property is the resort-style heated swimming pool with keyed entry. A private designated parking spot is located at the rear side of this home. The ocean is just a short walk and has a brand new Truman Waterfront Park. Just a few minutes walk to Duval St. and the center of downtown.
Last Listed By
Keller Williams Key West Compass Realty License #3414367 Listed on: 10/22/2023
Townhouse Details
Home Type
Townhome
Est. Annual Taxes
$9,897
Year Built
1994
Lot Details
0
Listing Details
- Property Type: Residential
- Style: Townhouse
- First Right of Refusal: Yes
- Association Fee: 1324.00
- Maintenance Fee: 2300.00
- Mandatory HOA: Yes
- Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt
- Key Island: Key West
- K W Neighborhood: Truman Annex
- Limited Representation: No
- Marathon Neighborhood: N/A
- Mile Marker: 1.00
- Min Rental Days: 7.00
- M L S Identifier: 20060123165453488875000000
- Neighborhood Feature: Beach, Bike Paths
- Pets: Pets Allowed
- Property Group I D: 19990816212109142258000000
- Side: Median
- State Province: FL
- Taxes: 8638.88
- Title: Negotiable
- Vehicle Storage: Assigned Parking, Guest Parking
- Year Built: 1994
- Alternate Key Number: 8861745
- Building Style: Townhouse
- Cooling Heating: Central Air, Ceiling Fans(s)
- Lot Sq Ft: 1261.00
- Pool Info: In Ground, Decked, Concrete
- Porch Balcony: Open Porch/Balcony, Deck, Patio
- Association Maintenance Fee Per: Quarterly
- Association Info Condo Docs: Yes
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- License Info Transient Rntl Licns: Yes
- Estimated Living Sq Ft: 1292.00
- Pre Wired: Cable
- Property Condition: Updated/Remodeled
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Townhouses
Interior Features
- Interior Amenities: Cathedral Ceilings
- Total Bathrooms: 3.00
- Full Bathrooms: 2
- Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
- Floor: Wood
- Half Bathrooms: 1
- Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
- Total Bedrooms: 2
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: CBS, Other, Frame, Concrete
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: Yes
Utilities
- Security: Manned Gate
- Utilities: FKAA, Buyer to Verify, Municipal Sewer
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE
- Parcel Number: 00004590-002201
- Land Size: Less Than 1/4 Acre
- Acres: 0.03
Rental Info
- Rentals Allowed: With Restrictions
- Furnished: Furnished
Tax Info
- Tax Year: 2022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2023
Closed on
Nov 14, 2023
Sold by
Miltko Michael E and Dierkes Jennifer E
Bought by
Hughes Michael F and Hughes Christy
Seller's Agent
Stephanie Wise
Keller Williams Key West Compass Realty
Buyer's Agent
Christy Hughes
Moorings Realty, Inc
List Price
$1,450,000
Sold Price
$1,533,579
Premium/Discount to List
$83,579
5.76%
Total Days on Market
2
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,582
Avg. Annual Appreciation
3.99%
Purchase Details
Closed on
Mar 19, 2004
Sold by
Smith Rex C and Smith Julie B
Bought by
Miltko Michael E and Dierkes Jennifer E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,800
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 2, 2001
Sold by
Design Of Truspec I
Bought by
Smith Rex C and Smith Julie B
Purchase Details
Closed on
Aug 1, 2000
Sold by
Stapleford Harry E and Foley-Stapleford Andrea E
Bought by
Kinsella Peter J
Purchase Details
Closed on
Oct 10, 1997
Sold by
Armstrong Mark and Armstrong Rosemary
Bought by
Truspec Design/Build Inc
Purchase Details
Closed on
Jun 24, 1997
Sold by
Molinet Rudy J and Hoehn Harry Hoehn
Bought by
Armstrong Mark and Armstrong Rosemary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 1, 1994
Bought by
Miltko Michael E
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Similar Homes in Key West, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hughes Michael F | $1,533,600 | None Listed On Document | |
| Miltko Michael E | $681,000 | First American Title Ins Co | |
| Smith Rex C | $498,000 | -- | |
| Kinsella Peter J | $345,000 | -- | |
| Truspec Design/Build Inc | $288,000 | -- | |
| Armstrong Mark | $288,000 | -- | |
| Miltko Michael E | $209,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Miltko Michael E | $300,000 | |
| Previous Owner | Miltko Michael E | $544,800 | |
| Previous Owner | Armstrong Mark | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2023 11/14/23 | Sold | $1,533,579 | +5.8% | $1,187 / Sq Ft |
| 10/24/2023 10/24/23 | Pending | -- | -- | -- |
| 10/22/2023 10/22/23 | For Sale | $1,450,000 | -- | $1,122 / Sq Ft |
Source: Key West Association of REALTORS®
Tax History Compared to Growth
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 | $9,897 | $1,278,605 | $787,185 | $491,420 |
| 2023 | $9,897 | $1,256,768 | $787,185 | $469,583 |
| 2022 | $8,639 | $1,045,490 | $649,740 | $395,750 |
| 2021 | $8,095 | $875,518 | $597,967 | $277,551 |
| 2020 | $8,357 | $908,518 | $650,638 | $257,880 |
| 2019 | $8,543 | $921,713 | $650,638 | $271,075 |
| 2018 | $8,575 | $906,132 | $628,434 | $277,698 |
| 2017 | $8,010 | $830,631 | $0 | $0 |
| 2016 | $7,971 | $825,512 | $0 | $0 |
| 2015 | $7,239 | $683,693 | $0 | $0 |
| 2014 | $7,295 | $679,350 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Wise
Seller's Agent in 2023
Stephanie Wise
Keller Williams Key West Compass Realty
(305) 563-0073
2 in this area
47 Total Sales
-
Sandra Swan
Seller Co-Listing Agent in 2023
Sandra Swan
Keller Williams Key West Compass Realty
(305) 563-0053
1 in this area
24 Total Sales
-
C
Buyer's Agent in 2023
Christy Hughes
Moorings Realty, Inc
Map
Source: Key West Association of REALTORS®
MLS Number: 607125
APN: 00004590-002201
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