NOT LISTED FOR SALE

101 Front St Unit 18 Key West, FL 33040

Truman Annex Neighborhood

Estimated Value: $1,386,701 - $1,860,000

2 Beds
3 Baths
1,216 Sq Ft
$1,313/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $1,425,000 $1,172 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,497/month

9 Days on Market

About This Home

As of January 2024

This Foundry townhome offers the charm of historic Key West with the convenience of an incredible location and modern comforts. Unit 18 is an active vacation rental with rentals booked well into 2024, future bookings to be transferred to buyer. Nestled inside the beautiful Truman Annex, a stone's throw from the Little White House, the building's facade is that of postwar red brick and gorgeous tropical landscaping. Inside you'll find three stories with two bedrooms and two and a half baths. The first floor is spacious and airy with 11 foot high ceilings, easy to maintain tile floors, a half bath, kitchen, and an open floor plan, perfect for entertaining or relaxing. The primary bedroom, located on the second floor, includes an en suite bath as well as its own private balcony. Make your way to the third floor and find a comfortable guest room or even second primary with its own en suite full bath. Outside, the front porch and small courtyard are fully fenced for your privacy and comfort. Prop your double front doors open and soak in the beautiful tropical weather, grilling out, lounging on the deck, and listening to the wind through the palms--true indoor/outdoor island living. The sale also includes a special Truman Annex transient rental license with restrictions. Plus, enjoy the convenience of an assigned parking space and the Foundry's own swimming pool for use by owners and guests. Walk to the Truman Annex waterfront to enjoy sunset, farmers market, splash pad, and special events. A short walk in the other direction takes you to famous Duval Street. Being sold turnkey, so you can immediately enjoy your new home or see it generate rental income.

Last Agent to Sell the Property

Greg Gordon

Island Home Realty Inc. Listed on: 12/01/2023

Last Buyer's Agent

Thomas Mack

SBX Real Estate, LLC (KW)

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,150

Year Built

1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 1412.00
  • Maintenance Fee: 2600.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior 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, Other Area Features
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 8149.63
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking
  • Year Built: 1995
  • Alternate Key Number: 8861915
  • Building Style: Townhouse
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 780.00
  • Pool Info: In Ground, Decked, Concrete
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • License Info Number Of City License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1216.00
  • 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: Smoke Alarms, Window Treatments, Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Other, Frame, Concrete
  • Exterior Features: Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Manned Gate, Patrolled Area
  • Utilities: FKAA, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00004590-002218
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Jan 23, 2024
Sold by
Heilman Conrad J
Bought by
Haynes Michael and Haynes Bryan
Seller's Agent
Greg Gordon
Island Home Realty Inc.
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$1,450,000
Sold Price
$1,425,000
Premium/Discount to List
-$25,000
-1.72%
Views
25
Current Estimated Value
$1,596,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,675
Avg. Annual Appreciation
3.93%
Original Mortgage
$712,500
Outstanding Balance
$704,055
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$804,613

Purchase Details

Listed on
Dec 1, 2023
Closed on
Jan 18, 2024
Sold by
Heilman Conrad J
Bought by
Haynes Michael and Haynes Bryan
Seller's Agent
Greg Gordon
Island Home Realty Inc.
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$1,450,000
Sold Price
$1,425,000
Premium/Discount to List
-$25,000
-1.72%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Outstanding Balance
$704,055
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$804,613

Purchase Details

Listed on
Jun 8, 2012
Closed on
Aug 22, 2012
Sold by
Rollins Michael E
Bought by
Heilman Conrad J
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Michele Grahl
Compass Realty (KW)
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$487,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2009
Sold by
Watkeys Edwin H and Watkeys Lynne M
Bought by
Rollins Michael E

Purchase Details

Closed on
Feb 12, 2004
Sold by
Smith Ralph W and Smith Francis H D
Bought by
Watkeys Edwin H and Watkeys Lynne M

Purchase Details

Closed on
Jan 7, 2003
Sold by
Smith Ralph W
Bought by
Smith Ralph W and Smith Frances H D

Purchase Details

Closed on
Sep 14, 1998
Sold by
P L Associates Of Key West Inc
Bought by
Smith Ralph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,810
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1995
Bought by
Heilman Conrad J
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
Haynes Michael $9,975 None Listed On Document
Haynes Michael -- None Listed On Document
Heilman Conrad J $650,000 Attorney
Rollins Michael E $600,000 Attorney
Watkeys Edwin H $600,000 --
Smith Ralph W $96,000 --
Smith Ralph W $285,500 --
Heilman Conrad J $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haynes Michael $712,500
Previous Owner Heilman Conrad J $375,000
Previous Owner Heilman Conrad J $487,500
Previous Owner Smith Ralph W $191,810
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $1,425,000 -1.7% $1,172 / Sq Ft
12/10/2023 12/10/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $1,450,000 +123.1% $1,192 / Sq Ft
08/23/2012 08/23/12 Sold $650,000 -3.7% $535 / Sq Ft
07/26/2012 07/26/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $675,000 -- $555 / Sq Ft
Source: Key West Association 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 $8,150 $1,076,016 $630,000 $446,016
2023 $8,150 $1,061,022 $630,000 $431,022
2022 $7,132 $887,213 $520,000 $367,213
2021 $6,532 $697,084 $455,896 $241,188
2020 $6,912 $743,122 $496,053 $247,069
2019 $6,995 $746,064 $496,053 $250,011
2018 $6,954 $726,203 $479,124 $247,079
2017 $6,803 $699,797 $0 $0
2016 $6,741 $687,351 $0 $0
2015 $6,150 $574,539 $0 $0
2014 $6,354 $571,082 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Gordon

    Seller's Agent in 2024

    Greg Gordon

    Island Home Realty Inc.

    (305) 204-1155

    1 in this area

    5 Total Sales

    Greg Gordon
    Section Image

  • T

    Buyer's Agent in 2024

    Thomas Mack

    SBX Real Estate, LLC (KW)

  • T

    Buyer's Agent in 2024

    Tommy Mack

    Buy The Keys (KW)

  • Terri Spottswood

    Seller's Agent in 2012

    Terri Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    4 in this area

    344 Total Sales

    Terri Spottswood
    Section Image

  • M

    Buyer's Agent in 2012

    Michele Grahl

    Compass Realty (KW)

See All Agents

Map

Source: Key West Association of REALTORS®

MLS Number: 607631

Key West Association of REALTORS®

APN: 00004590-002218

Florida Monroe County Key West 33040 Truman Annex

101 Front St Unit 18, Key West, FL

This home is located at 101 Front St Unit 18, Key West, FL 33040 since 01 December 2023 and is currently estimated at $1,596,675, approximately $1,313 per square foot. This property was built in 1995. 101 Front St Unit 18 is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and The Basilica School of Saint Mary Star of the Sea.

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.

Key West Association 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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