NOT LISTED FOR SALE

1012 Truman Ave Unit 203 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $675,000 - $716,000

2 Beds
1 Bath
750 Sq Ft
3,485 Sq Ft Lot

Last Sold May 29, 2015

Last sale price $280,000 $373 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $4,190/month

95 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • Laundry Room
  • Central Air
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of May 2015

NEW PRICE! Beautiful and updated unit at the Mariposa Condominium. This light filled two bedroom condo offers travertine floors, stainless appliances, wood cabinets, central AC, laundry in unit, and a balcony. Bedrooms feature carpeting and large closets. Bath is updated with large soaking tub and ceramic tile. The condo fee is low and pets are allowed. This would be a make a perfect pied-a-terre, starter property, or rental property. Centrally located in Old Town Key West close to dining, shops, and famous Duval Street. Move-in ready!

Last Listed By

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 02/09/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,069

Year Built

  • Built in 1923

Lot Details

  • 3,485

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 750 Sq Ft Home
  • Ceiling Fan
  • Double Hung Windows

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00031231-000200

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Old Town Unlisted Subdivision

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,069

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: Yes
  • Association Fee: 270.00
  • Mandatory HOA: No
  • Document Count: 3
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Other Area Features
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1069.00
  • Title: Negotiable
  • Year Built: 1923
  • Alternate Key Number: 9090138
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 3491.00
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 750.00
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Refrigerator, Range, Oven, Microwave
  • Floor: Carpet, Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00031231-000200
  • Lot Size: 58 x 60.54
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2015
Closed on
May 29, 2015
Sold by
Brooks Brian M
Bought by
Irr Vander Schans Catherine L and Irr Catherine L Van Der Schans
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Lisa Frins
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%
Total Days on Market
95
Current Estimated Value
$697,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,927
Avg. Annual Appreciation
8.98%

Purchase Details

Closed on
Mar 31, 2013
Bought by
Van Der Schans Catherine L Irrevocable Trust

Purchase Details

Closed on
Oct 30, 2007
Sold by
M & A Diversified Holdings Inc
Bought by
Cooley Robert J and Brooks Brian M

Purchase Details

Closed on
Dec 27, 2003
Sold by
Thomas D Koehler & Key Wii Ii Inc
Bought by
M & A Diversified Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Irr Vander Schans Catherine L $280,000 Attorney
Van Der Schans Catherine L Irrevocable Trust -- --
Cooley Robert J $320,000 First American Title Ins Co
M & A Diversified Holdings Inc $950,000 Independent Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M & A Diversified Holdings Inc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $280,000 -6.4% $373 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $299,000 -- $399 / 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 $3,852 $473,671 -- $473,671
2023 $3,852 $454,138 $0 $454,138
2022 $3,512 $419,955 $0 $419,955
2021 $3,377 $376,418 $0 $376,418
2020 $2,906 $284,502 $0 $284,502
2019 $2,759 $265,535 $0 $265,535
2018 $2,699 $253,969 $0 $0
2017 $2,542 $232,422 $0 $0
2016 $2,666 $232,422 $0 $0
2015 $1,055 $104,697 $0 $0
2014 -- $103,866 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121120

Florida Keys Board of REALTORS®

APN: 00031231-000200