NOT LISTED FOR SALE

Estimated Value: $458,641

1 Bed
1 Bath
110 Sq Ft
6,098 Sq Ft Lot

Last Sold March 25, 2016

Last sale price $265,000 $2,409 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,827/month

10 Days on Market

Highlights

  • 0.14 Acre Lot
  • Furnished
  • Laundry Room
  • Key West Architecture
  • No HOA
  • Fenced

About This Home

As of March 2016

Transient Licensed Studio in the Galleria 13 complex in Old Town. Being offered fully furnished, this corner unit has great light and steps right out to the 2nd floor balcony where you can drink coffee in the mornings and sip wine in the evenings. The Transient License allows for nightly rentals and this unit boasts a strong rental history under the management of Key West Hideaways. The property also has gated onsite parking for scooters and bikes and is located 1 block from Truman & 2 blocks from Duval Street. Quarterly association dues of $771 cover Cable, Electric, Water, Common Area & Building Maintenance and Insurance. Showings can be scheduled between guest check-ins and check-outs.

Last Listed By

Jennifer Newman

Doug Mayberry Real Estate (KW) Listed on: 03/13/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,820

Year Built

  • Built in 1938

Lot Details

  • 6,098

Home Design

  • Key West Architecture
  • Frame Construction

Interior Spaces

  • 1 Full Bathroom
  • 110 Sq Ft Home
  • Furnished
  • Laundry Room

Kitchen

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

Additional Features

  • Fenced
  • Cooling System Mounted To A Wall/Window

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,820

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 771.70
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Other, Water, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1819.82
  • Title: Negotiable
  • Year Built: 1938
  • Alternate Key Number: 9081528
  • Building Style: Conch
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 6219.00
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 110.00
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Microwave, Refrigerator, Range
  • Specialty Rooms: Laundry Room

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.14

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2017
Sold by
Lee Jonathon A and Fiutem Jessalyn A
Bought by
Howe Key 3 Llc
Total Days on Market
10
Current Estimated Value
$458,641

Purchase Details

Listed on
Mar 13, 2016
Closed on
Mar 25, 2016
Sold by
Howling Dogs Llc
Bought by
Lee Jonathon A and Fiutem Jessalyn
Seller's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
Buyer's Agent
Maya Thomas
Sunshine State Realty Services
List Price
$259,000
Sold Price
$265,000
Premium/Discount to List
$6,000
2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%

Purchase Details

Listed on
Dec 13, 2012
Closed on
Apr 30, 2014
Sold by
Russell John H and Russell Barbara L S
Bought by
Howling Dogs Llc
Seller's Agent
Kathleen Hancock, PA
Property Management of Key West (KW)
Buyer's Agent
Stephen Hammond
Key West Real Estate Sales (KW)
List Price
$195,000
Sold Price
$183,000
Premium/Discount to List
-$12,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.51%

Purchase Details

Closed on
May 22, 2008
Sold by
Rusty Bones Llc
Bought by
Russell John H and Russell Barbara L S

Purchase Details

Closed on
Apr 6, 2006
Sold by
Wyland Of Key West Inc
Bought by
Rusty Bones Llc

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
Howe Key 3 Llc -- Attorney
Lee Jonathon A $265,000 None Available
Howling Dogs Llc $183,000 None Available
Russell John H -- Liberty Title Company
Rusty Bones Llc $347,000 Chicago Title Of The Fl Keys
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $265,000 +2.3% $2,409 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
03/13/2016 03/13/16 For Sale $259,000 +41.5% $2,355 / Sq Ft
05/01/2014 05/01/14 Sold $183,000 -6.2% $1,664 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
12/13/2012 12/13/12 For Sale $195,000 -- $1,773 / 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 $3,103 $379,943 -- $379,943
2023 $3,103 $379,943 $0 $379,943
2022 $2,611 $274,227 $0 $274,227
2021 $2,462 $232,260 $0 $232,260
2020 $2,450 $232,260 $0 $232,260
2019 $2,409 $225,796 $0 $225,796
2018 $2,445 $225,796 $0 $0
2017 $1,767 $147,926 $0 $0
2016 $1,845 $147,926 $0 $0
2015 $1,896 $147,926 $0 $0
2014 $1,286 $84,162 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 123010

Florida Keys Board of REALTORS®

APN: 00026900-000110