101 Front St Unit 18 Key West, FL 33040
Truman Annex NeighborhoodEstimated Value: $1,361,673 - $1,629,000
2
Beds
3
Baths
1,216
Sq Ft
$1,241/Sq Ft
Est. Value
About This Home
As of January 2024This 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.
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%
Total Days on Market
9
Views
25
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
$83,668
Avg. Annual Appreciation
4.45%
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
Create a Home Valuation Report for This Property
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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 |
|---|---|---|---|
| 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
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
-
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
351 Total Sales
-
M
Buyer's Agent in 2012
Michele Grahl
Compass Realty (KW)
Map
Source: Key West Association of REALTORS®
MLS Number: 607631
APN: 00004590-002218
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