$871,000
SOLD MAR 16, 2018

1075 Duval St Unit R14 Key West, FL 33040

Old Town Neighborhood
2 Beds
2.5 Baths
1,325 Sq Ft
$559/mo HOA Fee

Recently Sold

$657 Per Sq Ft

2% Below List Price

17 Days on Market

About This Home

As of October 2024

Transient License! One of the largest and least expensive 2 bedroom, 2 1/2 bathroom units on the market in a perfect location on World Famous Duval Street. One of two stand alone units in the complex makes it light and bright with windows on all sides. Recently renovated with a tropical decor and being offered turn-key you won't have to do a thing but move in or start making money with a rare full transient rental license. And this one is a money maker. Gross rental income of $98,591.34 in 2015, $108,077.78 in 2016, and $98,878.00 in 2017 with plenty of future bookings make it a no brainer for the savvy investor. Low association fee includes building exterior maintenance and insurances, common area maintenance including the pool and cable. Fabulous rooftop pool and covered parking.

Last Agent to Sell the Property

Karen Lane

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3075559 Listed on: 02/18/2018

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

J. Michael Caron

Compass Realty (KW)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,559

Year Built

  • Built in 1987

HOA Fees

  • $559 Monthly HOA Fees

Home Design

  • 1,325 Sq Ft Home

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Outdoor Pool
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00027090-000141

Community Details

Overview

  • Association fees include bldg exterior mnt, common area mnt, cable, building insurance
  • Duval Sq Ph 1 & 2 Subdivision

Pet Policy

  • Pet Restriction: YES

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,559

Year Built

Built in 1987

Lot Details

0

HOA Fees

$559 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Fee: 558.84
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, 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
  • Mile Marker: 1.00
  • Min Rental Days: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5559.48
  • Year Built: 1987
  • Alternate Key Number: 8755317
  • Building Style: Townhouse
  • Association Maintenance Fee Per: Monthly
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1325.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Microwave, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Sq Ft Remarks: Larger unit

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X,0.2 PCT ANNUAL CHA
  • Parcel Number: 00027090-000141
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Oct 17, 2024
Sold by
Coan Thomas M and Coan Mary S
Bought by
Margarets Webb Llc
Seller's Agent
Mike Caron
Keller Williams Key West Compass Realty
Buyer's Agent
Rodney Culiver
Last Key Realty, Inc (KW)
List Price
$1,900,000
Sold Price
$1,725,000
Premium/Discount to List
-$175,000
-9.21%
Views
68
Current Estimated Value
$1,729,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,812
Avg. Annual Appreciation
-5.16%
Original Mortgage
$1,207,500
Outstanding Balance
$1,201,136
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$452,255

Purchase Details

Listed on
Feb 18, 2018
Closed on
Mar 21, 2018
Sold by
Nancy L Williams Living Trust
Bought by
Coan Thomas M and Coan Mary S
Seller's Agent
Karen Lane
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$889,000
Sold Price
$871,000
Premium/Discount to List
-$18,000
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%

Purchase Details

Listed on
Feb 18, 2018
Closed on
Mar 16, 2018
Sold by
Nancy L Williams Living Trust
Bought by
Coan Thomas M and Coan Mary S
Seller's Agent
Karen Lane
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$889,000
Sold Price
$871,000
Premium/Discount to List
-$18,000
-2.02%

Purchase Details

Closed on
Mar 9, 2016
Sold by
Williams John and Williams Nancy
Bought by
Williams Nancy L and The Nancy L Williams Living Trust

Purchase Details

Closed on
Jun 10, 2009
Sold by
Alessi Derek J and Alessi Andrea C
Bought by
Williams John and Williams Nancy

Purchase Details

Closed on
Dec 8, 2004
Sold by
Adams Holly E
Bought by
Alessi Derek J and Alessi Andrea C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,900
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 31, 2003
Sold by
Wisler Teresa M and Riviello Sylvia J
Bought by
Adams Holly E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.24%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 21, 2002
Bought by
Williams Nancy L Living Trust 11/6/1996

Purchase Details

Closed on
May 1, 1998
Sold by
Coughlin Frank M and Coughlin Susan Coughlin
Bought by
Mcnamara Dan G and Mcnamara Kate S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1989
Bought by
Williams Nancy L Living Trust 11/6/1996
Source: Public Records

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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 $1,725,000 None Listed On Document
Warranty Deed $871,000 None Listed On Document
Warranty Deed $871,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $450,000 First American Title Ins Co
Warranty Deed $715,000 First American Title Ins Co
Warranty Deed $460,000 Chicago Title Of The Fl Keys
Warranty Deed $340,000 --
Warranty Deed $200,000 --
Warranty Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,207,500 New Conventional
Previous Owner $112,000 Credit Line Revolving
Previous Owner $770,000 Fannie Mae Freddie Mac
Previous Owner $250,000 Credit Line Revolving
Previous Owner $142,900 Credit Line Revolving
Previous Owner $500,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $400,000 Unknown
Previous Owner $154,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $1,725,000 -9.2% $1,302 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
08/06/2024 08/06/24 For Sale $1,900,000 +118.1% $1,434 / Sq Ft
03/16/2018 03/16/18 Sold $871,000 -2.0% $657 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
02/18/2018 02/18/18 For Sale $889,000 -- $671 / 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 $7,054 $914,977 -- $914,977
2023 $7,054 $787,773 $0 $787,773
2022 $6,599 $745,477 $0 $745,477
2021 $6,371 $678,709 $0 $678,709
2020 $6,350 $678,709 $0 $678,709
2019 $7,008 $747,607 $0 $747,607
2018 $6,493 $731,483 $0 $0
2017 $5,967 $644,674 $0 $0
2016 $5,559 $530,225 $0 $0
2015 $5,304 $489,726 $0 $0
2014 $5,059 $446,472 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578845

Florida Keys Board of REALTORS®

APN: 00027090-000141