$1,500,500
SOLD JUL 9, 2021
4 Beds
2 Baths
2,016 Sq Ft
2,724 Sq Ft Lot

Recently Sold

$744 Per Sq Ft

6% Below List Price

155 Days on Market

Highlights

  • Building Security System
  • Deck
  • Furnished
  • Concrete Pool
  • Wood Flooring
  • No HOA

About This Home

As of July 2021

Just reduced by over $100,000 ! From the old world but with new charm, this legal beautifully renovated Duplex is a great investment property and/ or vacation home. Ready to live in one unit and rent the other. Each spacious floor has 2 bedrooms and 1 bath, full kitchens with stainless appliances, laundry, open living/kitchen/dining areas and lots of outdoor space. The downstairs unit opens to a nice deck with a pool and the upstairs unit is filled with lots of natural light and surrounded by a beautiful wide wrap around porch. Located in a prime location in the heart of Old town close to the Old Seaport, restaurants and bars. The downstairs unit comes fully furnished. There is a long term tenant upstairs. This home is ready for your next move to paradise...

Last Agent to Sell the Property

Ellen Gvili

Ocean Sotheby's International Realty Listed on: 01/18/2021

Ocean Sotheby's International Realty

Co-Listed By

Marc Ulanowski

Equestrian Sotheby's International Realty License #3251327

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,717

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 2,724 Sq Ft Lot
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Some Wood Windows
  • Shutters
  • Double Hung Windows
  • Blinds
  • French Doors
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 29
  • Assessor Parcel Number 00007340-000000

Community Details

Overview

  • No Home Owners Association
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,717

Year Built

Built in 1928 | Remodeled

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
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: 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: 29.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 8716.54
  • Title: Negotiable
  • Year Built: 1928
  • Alternate Key Number: 1007617
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 2724.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2016.00
  • Pre Wired: Cable, Surround Sound
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Other, Smoke Alarms, Drapes/Blinds Incl
  • Floor Number: 2.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Microwave, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Dryer
  • Floor: Wood
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Total Bedrooms: 4

Exterior Features

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

Utilities

  • Security: On Premises System, Secured Building
  • Utilities: Cable Available, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00007340-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 2.00

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
11.54%

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: 594244

Florida Keys Board of REALTORS®

APN: 00007340-000000