NOT LISTED FOR SALE

Estimated Value: $1,386,699 - $1,565,000

2 Beds
2.5 Baths
1,216 Sq Ft
$1,242/Sq Ft Est. Value

Last Sold November 21, 2019

Last sale price $910,000 $748 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $9,404/month

191 Days on Market

Highlights

  • Gated with Attendant
  • Deck
  • Electric Gate
  • In Ground Pool
  • Balcony
  • 2-minute walk to Truman Annex Park

About This Home

As of November 2019

Tucked away in the prestigious Truman Annex this Foundry townhome is perfectly positioned in walking distance to all of Key West's Old Town attractions ensuring Strong & Consistent Rental Returns. Through the gated entry and courtyard the spacious 1st floor with soaring ceilings presents an open floor plan between kitchen, dinning and living areas complete with half bath ideal for entertaining. The 2nd and 3rd floor bedrooms with en-suites are thoughtfully laid out ensuring privacy and tranquility after an exciting day out on the town. Owners and guests are immediately immersed in the convenience & splendor of the Key West lifestyle. Just steps from the Truman Amphitheater, community green spaces, water park, Fort Zachary Taylor, Historic Seaport, Mallory Square. Excellent ROI opportunity.

Last Listed By

Tommy Mack

Coastal Collection Real Estate Inc. License #3285624 Listed on: 03/16/2019

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,697

Year Built

  • Built in 1994

Lot Details

  • 842 Sq Ft Lot
  • Fenced

HOA Fees

  • $308 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Storage
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Electric Gate
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00004590-002221

Community Details

Overview

  • $1,475 Maintenance Fee
  • Association fees include building insurance, security, common area mnt
  • The Foundry Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,697

Year Built

Built in 1994

Lot Details

0

HOA Fees

$308 per month

Listing Details

  • Property Type: Residential
  • Style: Townhouse
  • First Right of Refusal: Yes
  • Association Fee: 925.00
  • Maintenance Fee: 1475.00
  • Mandatory HOA: Yes
  • Fee Includes: Building Insurance, Other, Security, Common Area Mnt
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool, Fire Hydrant
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6696.99
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Year Built: 1994
  • Alternate Key Number: 8861931
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 842.00
  • Pool Info: In Ground
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1216.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms, Storage, Drapes/Blinds Incl
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Freezer, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

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

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00004590-002221
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2019
Closed on
Nov 20, 2019
Sold by
Kossow Barbara Jeanne Mckay
Bought by
Gordon David L and Gordon Amy E
Seller's Agent
Tommy Mack
Coastal Collection Real Estate Inc.
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$975,000
Sold Price
$910,000
Premium/Discount to List
-$65,000
-6.67%
Total Days on Market
191
Current Estimated Value
$1,510,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,675
Avg. Annual Appreciation
9.69%
Original Mortgage
$773,500
Outstanding Balance
$687,982
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$822,693

Purchase Details

Closed on
Aug 30, 2013
Bought by
Mckay Donald J L and Mckay E

Purchase Details

Closed on
Aug 23, 2013
Sold by
Mckay Donald J
Bought by
Kossow Barbara Jeanne Mckay

Purchase Details

Closed on
Dec 24, 2010
Sold by
Mckay Donald J
Bought by
Mckay Donald J and Kossow Barbara Jeanne Mckay

Purchase Details

Closed on
Nov 1, 1994
Bought by
Mckay Donald J L and Mckay E

Range of Values:

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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
Gordon David L $910,000 Attorney
Mckay Donald J L $100 --
Kossow Barbara Jeanne Mckay -- Attorney
Mckay Donald J -- Attorney
Mckay Donald J L $199,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon David L $773,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $910,000 -6.7% $748 / Sq Ft
03/16/2019 03/16/19 For Sale $975,000 -- $802 / 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 $8,642 $1,133,092 $661,500 $471,592
2023 $8,642 $1,102,357 $661,500 $440,857
2022 $7,448 $883,371 $511,894 $371,477
2021 $7,025 $753,371 $511,894 $241,477
2020 $7,447 $804,354 $556,983 $247,371
2019 $7,535 $807,309 $556,983 $250,326
2018 $7,487 $785,382 $537,975 $247,407
2017 $7,107 $733,780 $0 $0
2016 $7,048 $722,154 $0 $0
2015 $6,420 $601,614 $0 $0
2014 $6,519 $597,929 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 584788

Florida Keys Board of REALTORS®

APN: 00004590-002221