NOT LISTED FOR SALE

Estimated Value: $1,326,000 - $1,572,000

2 Beds
2.5 Baths
1,216 Sq Ft
$1,166/Sq Ft Est. Value

Last Sold May 30, 2013

Last sale price $700,000 $576 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $9,026/month

102 Days on Market

Highlights

  • Gated with Attendant
  • Cathedral Ceiling
  • Impact Glass
  • Concrete Pool
  • Some Wood Windows
  • 2-minute walk to Truman Annex Park

About This Home

As of May 2013

Abalone is a vacation rental (special transient license included) in the historic Foundry Townhome complex of the Truman Annex Gated Community. These properties were built inside one of the old Navy brick and concrete buildings and enjoy 11' ceilings on the main living floor. This property is in great shape and faces the Front Street side and has a porch and small patio. Each bedroom is en-suite with private bathroom and the master has a walkout balcony with tree top views. All owners share use of the Foundry Pool on Admirals Lane, have a designated parking spot, and receive wind and hazard no flood) insurance in HOA fee. Truman Annex HOA also has a $800/qtr fee charged to all owners for areas beyond the Foundry community.

Last Agent to Sell the Property

Megan Behmke

Compass Realty (KW) Listed on: 01/31/2013

Last Buyer's Agent

Megan Behmke

Keller Williams Key West Compass Realty License #646085

Keller Williams Key West Compass Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,800

Year Built

  • Built in 1994

Lot Details

  • 852

HOA Fees

  • $433 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • 3-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • French Doors
  • Monitored

Kitchen

  • <<OvenToken>>
  • 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

Pool

  • Concrete Pool
  • Heated In Ground Pool

Additional Features

  • Patio
  • 852 Sq Ft Lot
  • Central Air

Community Details

Overview

  • Association fees include bldg exterior mnt, security, common area mnt, cable, building insurance
  • The Foundry Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,800

Year Built

Built in 1994

Lot Details

0

HOA Fees

$433 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: 1300.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Other, Security, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Manager on Premises, Other Area Features
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 5800.00
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1994
  • Alternate Key Number: 8861826
  • Building Style: Townhouse
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 852.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Stories: 3 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1216.00
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Amenities: Bar, Smoke Alarms, Cathedral Ceilings
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Windows/Doors: French Doors, Wood Windows, Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2021
Sold by
Holtz Richard E and Holtz Margaret E
Bought by
Demchyk Matthew
Current Estimated Value
$1,418,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,200
Outstanding Balance
$681,989
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$736,400

Purchase Details

Listed on
Jan 31, 2013
Closed on
May 30, 2013
Sold by
Schnare David F and Schnare Paula A
Bought by
Holtz Richard E and Holtz Margaret B
Seller's Agent
Megan Behmke
Compass Realty (KW)
Buyer's Agent
Megan Behmke
Compass Realty (KW)
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$560,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2010
Sold by
Wilson Philip E and Riley Teresa A
Bought by
Schnare David F and Schnare Paula A

Purchase Details

Closed on
Aug 30, 2000
Sold by
Simino Joseph F and Pierce Janet M
Bought by
Wilson Philip E and Wilson Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
8.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1994
Bought by
Holtz Richard E and Holtz Margaret B
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
Demchyk Matthew $931,500 Attorney
Holtz Richard E $700,000 Attorney
Schnare David F $562,500 Attorney
Wilson Philip E $375,000 --
Holtz Richard E $199,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demchyk Matthew $745,200
Previous Owner Holtz Richard E $560,000
Previous Owner Wilson Philip E $100,000
Previous Owner Wilson Philip E $750,000
Previous Owner Wilson Philip E $100,000
Previous Owner Wilson Philip E $375,000
Previous Owner Wilson Philip E $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2013 05/30/13 Sold $700,000 -6.5% $576 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $749,000 -- $616 / 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 $9,120 $1,107,388 $661,500 $445,888
2023 $9,120 $1,092,389 $661,500 $430,889
2022 $7,982 $913,075 $546,000 $367,075
2021 $6,926 $742,088 $512,794 $229,294
2020 $7,400 $799,007 $557,962 $241,045
2019 $7,513 $804,883 $557,962 $246,921
2018 $7,491 $785,841 $538,920 $246,921
2017 $7,117 $734,187 $0 $0
2016 $7,062 $723,796 $0 $0
2015 $6,432 $602,820 $0 $0
2014 $6,646 $599,149 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 117620

Florida Keys Board of REALTORS®

APN: 00004590-002209