NOT LISTED FOR SALE

1012 Truman Ave Unit 4 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $666,000 - $1,080,000

2 Beds
2 Baths
1,058 Sq Ft
3,485 Sq Ft Lot

Last Sold December 27, 2012

Last sale price $208,500 $197 Per Sq Ft

Est. 291% increase in value since last sale

Current estimated payment $4,671/month

62 Days on Market

Highlights

  • No HOA
  • Central Air
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of December 2012

Second Floor 2/2 condo, well maintained and has two levels of living space. The Master bedroom and bath are located on the second floor and offers split bedroom accommodations. The unit has been renovated, updated, with tile floors and quality construction. The Condo is tenant occupied and requires an appointment for access. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing.

Last Agent to Sell the Property

Barbara Crespo

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 10/25/2012

Last Buyer's Agent

William Brown

Southernmost Realty (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,521

Year Built

  • Built in 1923

Lot Details

  • 3,485

Home Design

  • 1,058 Sq Ft Home
  • Frame Construction
  • Metal Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Additional Features

  • Range
  • Central Air

Community Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,521

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: 228.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Building Insurance
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Other See Remarks
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 1520.83
  • Title: Negotiable
  • Year Built: 1923
  • Alternate Key Number: 9090140
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1058.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Range, Refrigerator
  • Floor: Other
  • Windows/Doors: Other Windows/Doors
  • 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
  • Flood Zone: x

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2012
Closed on
Dec 27, 2012
Sold by
Fannie Mae
Bought by
Hynes Jon
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
William Brown
Southernmost Realty (KW)
List Price
$210,000
Sold Price
$208,500
Premium/Discount to List
-$1,500
-0.71%
Current Estimated Value
$815,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,692
Avg. Annual Appreciation
10.58%
Original Mortgage
$166,800
Outstanding Balance
$116,278
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$634,705

Purchase Details

Closed on
Mar 9, 2012
Sold by
Siegrist Michael and Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 29, 2012
Sold by
Siegrist Michael
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Apr 1, 2008
Sold by
M & A Diversified Holdings 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
$353,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hynes Jon $208,500 Attorney
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp -- None Available
M & A Diversified Holdings Inc $173,200 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hynes Jon $166,800
Previous Owner M & A Diversified Holdings Inc $353,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2012 12/27/12 Sold $208,500 -0.7% $197 / Sq Ft
12/26/2012 12/26/12 Pending -- -- --
10/25/2012 10/25/12 For Sale $210,000 -- $198 / 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 $4,391 $603,819 -- $603,819
2023 $4,391 $579,081 $0 $579,081
2022 $4,012 $535,789 $0 $535,789
2021 $3,865 $480,243 $0 $480,243
2020 $3,304 $363,861 $0 $363,861
2019 $3,077 $335,529 $0 $335,529
2018 $2,941 $323,906 $0 $0
2017 $2,575 $242,754 $0 $0
2016 $2,568 $242,754 $0 $0
2015 $2,333 $191,822 $0 $0
2014 $2,831 $191,822 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 117144

Florida Keys Board of REALTORS®

APN: 00031231-000400