1016 Howe St Unit 9 Key West, FL 33040
Old Town NeighborhoodEstimated Value: $488,502
1
Bed
1
Bath
138
Sq Ft
$890/mo
HOA Fee
About This Home
As of February 2024This is your opportunity to own your own Picasso. Well at least you can buy a room named after Picasso. This condo is a fantastic income producing vacation rental unit with a transient license, in the heart of Old Town Key West! The condo has 13-units with a shared pool and deck, and a laundry facility on site. This is one of the best located unit in the complex. As soon as you walk in the front door, your there. Only 2 blocks from everything fun including Duval Street, Ernest Hemingway Home and Museum, Mallory Square, and Fort Zachary Taylor Beach and Park!
Property Details
Home Type
Condominium
Est. Annual Taxes
$2,755
Year Built
1938
Lot Details
0
HOA Fees
$890 per month
Listing Details
- Property Type: Residential
- Style: Condo
- First Right of Refusal: No
- Association Fee: 2670.00
- Mandatory HOA: No
- Fee Includes: Cable, Common Area Mnt, Building Insurance, Bldg Exterior Mnt, Water, Sewer
- 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
- Marathon Neighborhood: N/A
- Mile Marker: 1.00
- Min Rental Days: 1.00
- M L S Identifier: 20060123165453488875000000
- Off Shore Island: No
- Pets W Restrictions: YES
- Property Group I D: 19990816212109142258000000
- Sale Terms: Cash
- Side: Median
- State Province: FL
- Taxes: 2755.35
- Title: Negotiable
- Vehicle Storage: Off Street Parking
- Year Built: 1938
- Alternate Key Number: 9081524
- Building Style: A-Frame
- Cooling Heating: Central Air, Wall/Window Unit(s)
- Pool Info: In Ground
- Porch Balcony: Patio
- Association Maintenance Fee Per: Quarterly
- Tax Exemptions: None
- Building Style Above Flood: Unknown
- License Info Transient Rntl Licns: Yes
- Estimated Living Sq Ft: 138.00
- Pool Info Other Surroundings: Sundeck
- Financial Status Auction: No
- Financial Status Standard Sale: Yes
- Property Condition: Updated/Remodeled
- Sewer Hook Up: Yes
- Statistical Purposes Only: No
- Special Features: None
- Property Sub Type: Condos
Interior Features
- Total Bathrooms: 1.00
- Full Bathrooms: 1
- Appliances: Refrigerator, Microwave
- Floor: Wood
- Windows/Doors: Single Hung Windows
- Total Bedrooms: 1
- Accessibility Features: None
Exterior Features
- Dockage: None
- Waterfront: None
- Waterfront: No
- Construction: Frame
- Exterior Features: Fencing, Privacy Wall/Fence
- Roof: Metal Roof
- Waterview: No Waterview
- Pool: Yes
Utilities
- Utilities: FKAA, Buyer to Verify, Municipal Sewer
Lot Info
- Deed Restrictions: Unknown
- Flood Zone: AE
- Parcel Number: 00026900-000109
- Land Size: Less Than 1/4 Acre
Rental Info
- Rentals Allowed: Yes
- Furnished: Furnished
Tax Info
- Tax Year: 2023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2024
Closed on
Feb 13, 2024
Sold by
Berger Nicole
Bought by
Young Vacation Rentals Llc
Seller's Agent
Ben Daniels
Lokation Real Estate
Buyer's Agent
Madeleine Lowe
Expert Realty LLC (HQ)
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Total Days on Market
3
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,498
Avg. Annual Appreciation
-1.79%
Original Mortgage
$206,000
Outstanding Balance
$186,939
Interest Rate
6.5%
Mortgage Type
Balloon
Estimated Equity
$301,563
Purchase Details
Listed on
Apr 25, 2013
Closed on
Sep 25, 2013
Sold by
Federal National Mortgage Association
Bought by
Berger Nicole
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Ben Daniels
Exit Realty Florida Keys (KW)
List Price
$199,900
Sold Price
$129,400
Premium/Discount to List
-$70,500
-35.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Purchase Details
Closed on
Apr 12, 2013
Sold by
Epler Brenda J
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp
Purchase Details
Closed on
Apr 2, 2013
Sold by
Epler Brenda J
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Nov 1, 2005
Sold by
Wyland Of Key West Inc
Bought by
Epler Brenda J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.87%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Key West, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Young Vacation Rentals Llc | $500,000 | None Listed On Document | |
| Berger Nicole | $129,400 | Attorney | |
| Bac Home Loans Servicing Lp | -- | None Available | |
| Federal National Mortgage Association | -- | None Available | |
| Epler Brenda J | $295,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Young Vacation Rentals Llc | $206,000 | |
| Previous Owner | Epler Brenda J | $236,000 | |
| Previous Owner | Epler Brenda J | $29,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2024 02/13/24 | Sold | $500,000 | -4.8% | $3,623 / Sq Ft |
| 01/20/2024 01/20/24 | For Sale | $525,000 | +305.7% | $3,804 / Sq Ft |
| 09/25/2013 09/25/13 | Sold | $129,400 | -35.3% | $899 / Sq Ft |
| 09/23/2013 09/23/13 | Pending | -- | -- | -- |
| 04/25/2013 04/25/13 | For Sale | $199,900 | -- | $1,388 / Sq Ft |
Source: Marathon and Lower Keys Association of REALTORS®
Tax History Compared to Growth
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 | $2,755 | $415,744 | -- | $415,744 |
| 2023 | $2,755 | $415,744 | $0 | $415,744 |
| 2022 | $2,289 | $299,824 | $0 | $299,824 |
| 2021 | $2,159 | $253,900 | $0 | $253,900 |
| 2020 | $2,075 | $253,900 | $0 | $253,900 |
| 2019 | $1,995 | $249,760 | $0 | $249,760 |
| 2018 | $1,945 | $249,760 | $0 | $0 |
| 2017 | $1,612 | $164,040 | $0 | $0 |
| 2016 | $1,614 | $164,040 | $0 | $0 |
| 2015 | $1,597 | $164,040 | $0 | $0 |
| 2014 | $1,293 | $84,162 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Daniels
Seller's Agent in 2024
Ben Daniels
Lokation Real Estate
(305) 395-2723
1 in this area
84 Total Sales
-
Madeleine Lowe
Buyer's Agent in 2024
Madeleine Lowe
Expert Realty LLC (HQ)
(305) 496-7691
6 in this area
36 Total Sales
-
B
Seller's Agent in 2013
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Map
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 608282
APN: 00026900-000109
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