$922,500
SOLD SEP 18, 2020
2 Beds
2.5 Baths
1,216 Sq Ft
$308/mo HOA Fee

Recently Sold

$759 Per Sq Ft

4% Below List Price

106 Days on Market

Highlights

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

About This Home

As of November 2023

PRICE REDUCED. Transient License conveys with Historic Foundry Townhome in Award-winning Truman Annex overlooking beautiful Front Street. Two bedroom 2 1/2 bath, 1216 sf. Be immersed in the convenience & splendor of the Key West lifestyle. Steps from the Truman Amphitheater, community green spaces, water park, Ft. Zachary Taylor, & Mallory Sq. Enjoy lots of natural light with a soaring 11-foot ceiling on the 1st floor. Impact doors & windows throughout, new a/c in 2018. Open floor plan features living area, kitchen & half bath. Master bedroom en suite with a private balcony for morning coffee or evening happy hour. Guest bedroom/office with full bath en suite. Turnkey with rental calendar. Virtual tour attached. Combined HOA & TAMPOA fee is $800 month. Short notice OK.

Last Agent to Sell the Property

Michele Grahl

Compass Realty (KW) Listed on: 11/25/2019

Last Buyer's Agent

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105

Coldwell Banker Schmitt Real Estate Co. (KW)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,042

Year Built

  • Built in 1994

Lot Details

  • 836 Sq Ft Lot
  • Fenced

HOA Fees

  • $308 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

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

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Electric Gate
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00004590-002223

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Impact Glass

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,042

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 Fee: 925.00
  • Maintenance Fee: 1475.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 7041.90
  • Title: Title Ins - Buyer
  • Vehicle Storage: Assigned Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1994
  • Alternate Key Number: 8861966
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 836.00
  • Porch Balcony: 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
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Washer, Refrigerator, Dryer, Disposal
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Windows/Doors: French Doors, Impact Rstnce Doors, Impact Rstnce Window
  • 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: Unknown
  • Flood Zone: AE
  • Parcel Number: 00004590-002223
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Nov 30, 2023
Sold by
Elmgren Henrik and Elmgren Madeleine
Bought by
Mue Llc
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Roger Emmons
Truman & Co. (KW)
List Price
$1,490,000
Sold Price
$1,409,000
Premium/Discount to List
-$81,000
-5.44%
Views
516
Current Estimated Value
$1,778,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,006
Avg. Annual Appreciation
15.40%

Purchase Details

Listed on
Nov 25, 2019
Closed on
Sep 18, 2020
Sold by
Bay Breeze Partners Lp
Bought by
Elmgren Henrik and Elmgren Madeleine
Seller's Agent
Michele Grahl
Compass Realty (KW)
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$965,000
Sold Price
$922,500
Premium/Discount to List
-$42,500
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%
Original Mortgage
$350,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2013
Sold by
Bay Breeze Of Key West Llc
Bought by
Bay Breeze Partners Lp

Purchase Details

Closed on
Jul 11, 2011
Sold by
Moses Thomas W
Bought by
Bay Breeze Of Key West Llc

Purchase Details

Closed on
May 28, 2004
Sold by
Tecau Philip A and Bornstein Hal S
Bought by
Tincher Terry A and Tincher Mimi C K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,200
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1999
Sold by
Sharkey Carolann E
Bought by
Moses Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,980
Interest Rate
7.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 1, 1994
Bought by
Bay Breeze Partners Lp
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 Type Sale Price Title Company
Warranty Deed $1,409,000 None Listed On Document
Warranty Deed $922,500 Oropeza Stones Cardenas Pllc
Warranty Deed -- Attorney
Warranty Deed $555,000 Attorney
Warranty Deed $669,000 --
Warranty Deed $325,000 --
Warranty Deed $199,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 New Conventional
Previous Owner $450,000 New Conventional
Previous Owner $535,200 Purchase Money Mortgage
Previous Owner $303,000 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $232,980 Credit Line Revolving
Closed $133,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $1,409,000 -5.4% $1,159 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $1,490,000 +5.7% $1,225 / Sq Ft
09/12/2023 09/12/23 Off Market $1,409,000 -- --
06/16/2023 06/16/23 Price Changed $1,490,000 -3.2% $1,225 / Sq Ft
04/15/2023 04/15/23 Price Changed $1,540,000 -1.8% $1,266 / Sq Ft
03/19/2023 03/19/23 Price Changed $1,569,000 -90.0% $1,290 / Sq Ft
03/19/2023 03/19/23 Price Changed $15,690,000 +886.8% $12,903 / Sq Ft
02/13/2023 02/13/23 Price Changed $1,590,000 -3.0% $1,308 / Sq Ft
01/06/2023 01/06/23 For Sale $1,640,000 +77.8% $1,349 / Sq Ft
09/18/2020 09/18/20 Sold $922,500 -2.8% $759 / Sq Ft
07/15/2020 07/15/20 Price Changed $949,000 -1.7% $780 / Sq Ft
03/24/2020 03/24/20 For Sale $965,000 0.0% $794 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
12/20/2019 12/20/19 Price Changed $965,000 -2.4% $794 / Sq Ft
11/25/2019 11/25/19 For Sale $989,000 -- $813 / 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 $8,659 $1,143,223 $661,500 $481,723
2023 $8,659 $1,116,716 $661,500 $455,216
2022 $7,451 $891,688 $508,246 $383,442
2021 $6,993 $749,723 $508,246 $241,477
2020 $7,412 $800,385 $553,014 $247,371
2019 $7,500 $803,340 $553,014 $250,326
2018 $7,452 $781,548 $534,141 $247,407
2017 $7,077 $730,084 $0 $0
2016 $7,019 $718,856 $0 $0
2015 $6,395 $599,053 $0 $0
2014 $6,607 $595,388 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588390

Florida Keys Board of REALTORS®

APN: 00004590-002223