NOT LISTED FOR SALE

Estimated Value: $865,000 - $961,000

2 Beds
1.5 Baths
661 Sq Ft
$695/mo HOA Fee

Last Sold July 30, 2019

Last sale price $680,000 $1,029 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,056/month

85 Days on Market

Highlights

  • Gated with Attendant
  • Deck
  • Stainless Steel Appliances
  • Concrete Pool
  • Furnished
  • 2-minute walk to Truman Waterfront Park

About This Home

As of July 2019

Offered turnkey, the Shipyard Palms enjoys a special transient license with restrictions.This ideal vacation getaway has been remodeled to open and expand the kitchen area by adding an island counter with cabinetry, festive turqouise glass tiled backsplash, white Corian countertop and stainless steel appliances. A half bath was also added in the remodel. The outdoor deck faces south, enjoying sun light with dappled shade throughout the year. Shipyard Palms is ideally located, a short walk to the heart of Duval Street for entertainment and dining, and a 10 minute walk to Ft Zachary Taylor State Park. Shipyard Palms has a solid rental history. There is an assigned parking space, and a shared pool.

Last Agent to Sell the Property

Jeffrey Dunaway

Key West Realty, LLC (KW) License #639590 Listed on: 05/06/2019

Last Buyer's Agent

Paul Brooks

Buy The Keys (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,127

Year Built

  • Built in 1991

Lot Details

  • 5

HOA Fees

  • $695 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 661 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • French Doors
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Off-Street Parking
  • Assigned Parking

Pool

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Ground Level

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00013180-000118

Community Details

Overview

  • Association fees include bldg exterior mnt, security, common area mnt, cable, building insurance
  • Shipyard Ph 1 Subdivision
  • Rental Restrictions

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Recreation

  • Concrete Pool
  • In Ground Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,127

Year Built

Built in 1991

Lot Details

0

HOA Fees

$695 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 695.00
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Bldg Exterior Mnt, Security, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: Yes
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4127.28
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1991
  • Alternate Key Number: 8778929
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • License Info Number Of City License: 1
  • License Info Number Of County License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 661.00
  • Pool Info Other: shared
  • Pre Wired: Cable
  • Sewer Hook Up: No
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Smoke Alarms
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Dryer
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: French Doors
  • Total Bedrooms: 2
  • Accessibility Features: Parking

Exterior Features

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

Utilities

  • Security: Manned Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00013180-000118
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Jul 30, 2019
Sold by
Krigel Bruce J
Bought by
Doan Eric and Doan Beverly
Seller's Agent
Jeffrey Dunaway
Key West Realty, LLC (KW)
Buyer's Agent
Paul Brooks
Buy The Keys (KW)
List Price
$725,000
Sold Price
$680,000
Premium/Discount to List
-$45,000
-6.21%
Current Estimated Value
$913,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,441
Avg. Annual Appreciation
5.11%
Original Mortgage
$578,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2005
Sold by
Mcevoy Kenneth and Mcevoy Linda L
Bought by
Krigel Bruce J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2003
Sold by
Fenwick Joyce K
Bought by
Mcevoy Kenneth and Mcevoy Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1991
Bought by
Krigel Bruce J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Doan Eric $680,000 Attorney
Krigel Bruce J $727,500 --
Mcevoy Kenneth $365,000 Chicago Title Of The Fl Keys
Krigel Bruce J $111,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doan Eric $578,000
Previous Owner Krigel Bruce J $582,000
Previous Owner Mcevoy Kenneth $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2019 07/30/19 Sold $680,000 -6.2% $1,029 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $725,000 -- $1,097 / 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 $6,220 $757,875 -- $757,875
2023 $6,220 $726,261 $0 $726,261
2022 $5,537 $634,324 $0 $634,324
2021 $5,260 $551,852 $0 $551,852
2020 $5,242 $551,852 $0 $551,852
2019 $4,751 $491,506 $0 $491,506
2018 $4,611 $466,239 $0 $0
2017 $4,538 $449,943 $0 $0
2016 $4,717 $449,943 $0 $0
2015 $4,410 $400,003 $0 $0
2014 $4,576 $400,003 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 585530

Florida Keys Board of REALTORS®

APN: 00013180-000118