NOT LISTED FOR SALE

1015 Elgin Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $2,341,000 - $3,034,000

3 Beds
2.5 Baths
1,940 Sq Ft
$1,368/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $1,725,000 $889 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $15,004/month

60 Days on Market

Highlights

  • Concrete Pool
  • Stainless Steel Appliances
  • 5-minute walk to Dry Tortugas National Park
  • No HOA

About This Home

As of November 2020

ESCAPE HIGH state TAXES and cold weather! Newly renovated, 19th century historic home has never looked so exquisite. This beautiful, three bedroom, two and a half bath turn key home in the heart of historic Old Town boasts quintessential Key West charm from the moment you walk through the white picket fence. Original wood floors coupled with Dade County pine walls pair beautifully with the recently completed meticulous renovations. Take in views of the lush garden and private pool right from the updated kitchen complete with high-end stainless steel appliances, shaker cabinets, an oversized deep sink and quartz countertops.Enjoy the calming ambiance emphasized by high ceilings and the large open livingarea.

Last Agent to Sell the Property

Brenda Donnelly

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3037635 Listed on: 07/15/2020

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Jennifer Newman

Doug Mayberry Real Estate (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,625

Year Built

  • Built in 1893

Lot Details

  • 4,063 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • 1,940 Sq Ft Home
  • Frame Construction

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool

Utilities

  • Propane
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00005280-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,625

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 7625.12
  • Year Built: 1893
  • Alternate Key Number: 1005461
  • Lot Sq Ft: 4063.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Association Info Condo Docs: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 1940.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Microwave, Gas Appliances, Freezer, Dryer, Disposal
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00005280-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2019

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Nov 2, 2020
Sold by
Hirsch Sharon J and Hirsch Martin
Bought by
Stoffer Eric R and Stoffer Susan E
Seller's Agent
Brenda Donnelly
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$1,865,000
Sold Price
$1,725,000
Premium/Discount to List
-$140,000
-7.51%
Current Estimated Value
$2,654,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$929,258
Avg. Annual Appreciation
9.02%
Original Mortgage
$1,293,750
Outstanding Balance
$1,151,254
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,503,004

Purchase Details

Closed on
Mar 29, 2016
Bought by
Hirsch Martin Revocable Trust 7/10/2006

Purchase Details

Closed on
Mar 20, 2016
Sold by
Hirsch Martin and Hirsch Sharon
Bought by
Martin Hirsch Revocable Trust

Purchase Details

Closed on
Mar 6, 2016
Sold by
French Doors Llc
Bought by
Hirsch Martin and Hirsch Sharon

Purchase Details

Closed on
Dec 16, 2010
Sold by
French Doors Llc
Bought by
Hirsch Martin and Hirsch Sharon

Purchase Details

Closed on
Apr 29, 2005
Sold by
Pribramsky Robin and Pribramsky Steven
Bought by
French Doors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 17, 2003
Sold by
Chippas Robin
Bought by
Chippas Robin and Pribramsky Steven

Purchase Details

Closed on
Feb 28, 2003
Sold by
Coughlin Enterprises Llc
Bought by
Chippas Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,500
Interest Rate
6.5%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 28, 1999
Bought by
Hirsch Martin Revocable Trust 7/10/2006
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
Stoffer Eric R $1,725,000 Attorney
Hirsch Martin Revocable Trust 7/10/2006 $100 --
Martin Hirsch Revocable Trust -- Attorney
Hirsch Martin -- Attorney
Hirsch Martin -- Attorney
French Doors Llc $1,312,500 --
Chippas Robin $187,500 --
Chippas Robin $625,000 --
Hirsch Martin Revocable Trust 7/10/2006 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoffer Eric R $1,293,750
Previous Owner French Doors Llc $187,000
Previous Owner Chippas Robin $186,500
Previous Owner Chippas Robin $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2020 11/02/20 Sold $1,725,000 -4.1% $889 / Sq Ft
08/11/2020 08/11/20 Price Changed $1,799,000 -3.5% $927 / Sq Ft
07/15/2020 07/15/20 For Sale $1,865,000 -- $961 / 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 $12,503 $1,525,190 -- --
2023 $12,503 $1,480,767 $0 $0
2022 $11,973 $1,437,638 $0 $0
2021 $12,295 $1,395,766 $692,748 $703,018
2020 $7,736 $877,826 $0 $0
2019 $7,625 $858,090 $0 $0
2018 $7,631 $842,091 $0 $0
2017 $7,601 $824,771 $0 $0
2016 $7,858 $807,808 $0 $0
2015 $8,011 $802,193 $0 $0
2014 $8,261 $795,826 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brenda Donnelly

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image

  • J

    Buyer's Agent in 2020

    Jennifer Newman

    Doug Mayberry Real Estate (KW)

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591693

Florida Keys Board of REALTORS®

APN: 00005280-000000

Florida Monroe County Key West 33040 Old Town

1015 Elgin Ln, Key West, FL

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