NOT LISTED FOR SALE

Estimated Value: $1,341,680 - $1,669,000

2 Beds
2.5 Baths
1,216 Sq Ft
$1,296/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $880,000 $724 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $9,710/month

378 Days on Market

Highlights

  • Gated with Attendant
  • Community Pool
  • Impact Glass
  • Deck
  • Balcony
  • 2-minute walk to Truman Annex Park

About This Home

As of July 2019

This Foundry property features an 11-foot ceiling on the ground floor with an open floor plan that opens to a private deck and courtyard. The master bedroom en-suite is on the second floor and has its own private balcony. The guest bedroom en-suite is located on the third floor. Assigned parking for 1 car is only a few steps away and the community pool is just across Front Street. Includes the special Truman Annex transient rental license with restrictions. TAMPOA HOA fee is $925 per QTR, plus Foundry HOA fee of $1,475 QTR ($2400.00 Total)

Last Agent to Sell the Property

Behmke The

Compass Realty (KW) Listed on: 04/17/2018

Last Buyer's Agent

The Behmke Group

Keller Williams Key West Compass Realty License #BK3386409

Keller Williams Key West Compass Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,992

Year Built

  • Built in 1994

Lot Details

  • 787 Sq Ft Lot
  • Fenced

HOA Fees

  • $308 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • French Doors
  • Monitored

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Electric Gate
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00004590-002210

Community Details

Overview

  • $1,475 Maintenance Fee
  • Association fees include building insurance, security, common area mnt
  • The Foundry Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,992

Year Built

Built in 1994

Lot Details

0

HOA Fees

$308 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: No
  • Association Fee: 925.00
  • Maintenance Fee: 1475.00
  • Mandatory HOA: Yes
  • Fee Includes: Building Insurance, Other, Security, Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 6991.85
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1994
  • Alternate Key Number: 8861834
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 787.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1216.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Washer, Refrigerator, Range, Dryer
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Windows/Doors: French Doors, Single Hung Windows, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Combo Construction
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Security: Electric Gate, Patrolled Area, Manned Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE
  • Parcel Number: 00004590-002210
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jul 1, 2019
Sold by
Torretta Gregory C and Torretta Kathleen A
Bought by
Ade 847 Llc
Seller's Agent
Behmke The
Compass Realty (KW)
Buyer's Agent
Behmke The
Compass Realty (KW)
List Price
$995,000
Sold Price
$880,000
Premium/Discount to List
-$115,000
-11.56%
Current Estimated Value
$1,576,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$696,420
Avg. Annual Appreciation
9.24%
Original Mortgage
$887,600
Outstanding Balance
$788,570
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$713,468

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jun 28, 2019
Sold by
Torretta Gregory C and Torretta Kathleen A
Bought by
Ade 847 Llc
Seller's Agent
Behmke The
Compass Realty (KW)
Buyer's Agent
Behmke The
Compass Realty (KW)
List Price
$995,000
Sold Price
$880,000
Premium/Discount to List
-$115,000
-11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$887,600
Outstanding Balance
$788,570
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$713,468

Purchase Details

Closed on
Nov 21, 2003
Sold by
Fauber Ted H and Fauber Margaret A
Bought by
Torretta Gregory C and Torretta Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 1998
Sold by
Dotson Karen D and Wibert Gregory J
Bought by
Fauber Ted H and Fauber Margaret A

Purchase Details

Closed on
Dec 22, 1994
Sold by
Foundry Corp Key W Inc
Bought by
Dotson Karen D and Wilbert Gregory J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,750
Interest Rate
9.2%
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
Ade 847 Llc $880,000 None Listed On Document
Ade 847 Llc $880,000 Attorney
Torretta Gregory C $530,000 First American Title Ins Co
Fauber Ted H $270,000 --
Dotson Karen D $199,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ade 847 Llc $887,600
Closed Ade 847 Llc $887,600
Previous Owner Torretta Gregory C $500,000
Previous Owner Torretta Gregory C $530,000
Previous Owner Dotson Karen D $185,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $880,000 -11.6% $724 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/17/2018 04/17/18 For Sale $995,000 -- $818 / 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 $8,342 $1,101,072 $630,000 $471,072
2023 $8,342 $1,051,175 $630,000 $421,175
2022 $7,302 $878,956 $520,000 $358,956
2021 $6,825 $730,511 $460,230 $270,281
2020 $6,899 $741,671 $500,768 $240,903
2019 $7,008 $747,547 $500,768 $246,779
2018 $6,992 $730,457 $483,678 $246,779
2017 $6,842 $704,102 $0 $0
2016 $6,781 $691,767 $0 $0
2015 $6,186 $578,081 $0 $0
2014 $6,305 $574,619 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 579813

Florida Keys Board of REALTORS®

APN: 00004590-002210