$1,000,000
SOLD JUL 24, 2015
4 Beds
2 Baths
2,016 Sq Ft
2,731 Sq Ft Lot

Recently Sold

$496 Per Sq Ft

9% Below List Price

24 Days on Market

Highlights

  • Concrete Pool
  • No HOA
  • Patio
  • Wood Flooring
  • Some Wood Windows
  • French Doors

About This Home

As of July 2021

This stately home is located in the heart of Old Town, near the Historic Seaport and surrounded by some of the most beautiful homes on the island. The property is prime for a renovation. It's a legal duplex that could be converted back to a single family home or supply its owner with rental income from above or below. The home features an abundance of well-maintained Dade County pine, beautiful oak floors, and gorgeous natural light that shows off its phenomenal potential. Enjoy the peaceful views over Old Town tree tops or gaze out along Fleming Street from the magnificent double wraparound porches. Off street parking and a private pool put the finishing touches on this masterpiece.

Last Agent to Sell the Property

Scott Forman

Royal Palms Realty (KW) License #3045796 Listed on: 06/09/2015

Co-Listed By

Sara Hallett

eXp Realty LLC License #3288797

Last Buyer's Agent

Gary Thomas

Dunaway McKenzie Realtors (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,588

Year Built

  • Built in 1912

Lot Details

  • 2,731 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • French Doors
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool

Additional Features

  • Patio
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,588

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Selling Info: Thanks, Gary!
  • Side: Median
  • State Province: FL
  • Taxes: 3588.00
  • Vehicle Storage: Off Street Parking
  • Year Built: 1912
  • Alternate Key Number: 1007617
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 2731.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: Homestead
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2016.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Split Bedroom, Dade County Pine
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Range, Washer, Refrigerator, Oven
  • Floor: Wood
  • Windows/Doors: French Doors, Wood Windows
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Lot Size: 36 x 75
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2022
Sold by
Lauer Family Trust
Bought by
1022 Fleming Trust

Purchase Details

Listed on
Jan 18, 2021
Closed on
Jul 9, 2021
Sold by
Pineapple House Key West Group Llc
Bought by
Lauer William L and Lauer Patricia
Seller's Agent
Ellen Gvili
Ocean Sotheby's International Realty
Buyer's Agent
Creative Technology
List Price
$1,590,000
Sold Price
$1,500,500
Premium/Discount to List
-$89,500
-5.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%

Purchase Details

Listed on
Jan 3, 2019
Closed on
Aug 2, 2019
Sold by
1022 Fleming Llc
Bought by
Pineapple House Key West Group Llc
Seller's Agent
Erika Kelley
Keller Williams Key West Compass Realty
Buyer's Agent
Erika Kelley
Keller Williams Key West Compass Realty
List Price
$1,379,000
Sold Price
$1,150,000
Premium/Discount to List
-$229,000
-16.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%
Original Mortgage
$862,500
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 9, 2015
Closed on
Jul 22, 2015
Sold by
Leinbach Donald K and Leinbach Lyris Katrina
Bought by
1022 Fleming Llc
Seller's Agent
Scott Forman
Royal Palms Realty (KW)
Buyer's Agent
Gary Thomas
Dunaway McKenzie Realtors (KW)
List Price
$1,095,000
Sold Price
$1,000,000
Premium/Discount to List
-$95,000
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%

Purchase Details

Closed on
Jan 1, 1992
Bought by
1022 Fleming Llc

Purchase Details

Closed on
Jun 1, 1984
Bought by
1022 Fleming Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $1,500,500 Florida Title Professional
Warranty Deed $1,150,000 Attorney
Warranty Deed $1,000,000 Attorney
Warranty Deed $142,000 --
Warranty Deed $94,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $862,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Price Changed $2,150,000 -5.9% $1,066 / Sq Ft
02/02/2025 02/02/25 Price Changed $2,285,000 -4.8% $1,133 / Sq Ft
09/13/2024 09/13/24 For Sale $2,399,000 +59.9% $1,190 / Sq Ft
07/09/2021 07/09/21 Sold $1,500,500 +1.0% $744 / Sq Ft
04/18/2021 04/18/21 Price Changed $1,485,000 -6.6% $737 / Sq Ft
01/18/2021 01/18/21 For Sale $1,590,000 +38.3% $789 / Sq Ft
08/02/2019 08/02/19 Sold $1,150,000 -16.6% $570 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $1,379,000 +37.9% $684 / Sq Ft
07/24/2015 07/24/15 Sold $1,000,000 -8.7% $496 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $1,095,000 -- $543 / 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 $13,991 $1,650,209 $858,550 $791,659
2023 $13,991 $1,561,596 $789,109 $772,487
2022 $12,269 $1,378,368 $597,618 $780,750
2021 $9,536 $991,277 $453,124 $538,153
2020 $9,224 $959,522 $415,247 $544,275
2019 $8,717 $893,930 $405,427 $488,503
2018 $10,508 $1,075,130 $506,432 $568,698
2017 $10,757 $1,083,212 $0 $0
2016 $10,657 $1,012,946 $0 $0
2015 $3,507 $308,447 $0 $0
2014 $3,657 $305,999 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121701

Florida Keys Board of REALTORS®

APN: 00007340-000000