NOT LISTED FOR SALE

Estimated Value: $3,182,016 - $3,767,000

2 Beds
3 Baths
1,850 Sq Ft
2 Acres

Last Sold June 14, 2024

Last sale price $3,550,000 $1,919 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $20,906/month

9 Days on Market

About This Home

As of June 2024

This exquisite condominium with endless views of the Atlantic Ocean and the Gulf of Mexico features an open floor plan and luxury living.The grand room leads you to a spacious living room with oversized windows and breathtaking views of the waterfront , the heated pool and beyond!, The formal dining room with its stunning light fixture allows for endless enjoyable dining experiences. The gourmet kitchen with custom cabinetry, top of the line appliances and island seating is perfect for casual dining. The primary suite features a sumptuous sleeping space, a quiet working corner, a walk out deck, a luxurious soaking bath, double vanity and a glass shower ensuite. The private guest suite features a combined bedroom space and living area with a walk out deck as well as a gorgeously appointed bathroom.This opportunity has been exceptionally designed with elegance and comfort.Also included here is plenty of custom closets, extra storage, 2 covered parking spaces and the special Truman Annex transient license. VERY EASY TO SHOW.

Last Listed By

The Behmke Group

Keller Williams Key West Compass Realty License #BK3386409 Listed on: 04/10/2024

Keller Williams Key West Compass Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,223

Year Built

1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Fee: 7553.58
  • Maintenance Fee: 1412.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Pool
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 18222.94
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Covered Parking, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1991
  • Alternate Key Number: 8771240
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Quarterly
  • Association Info Condo Docs: Yes
  • License Info Number Of City License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1850.00
  • Pool Info Other: Community
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Unit Complex: Unit
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Floor Number: 2.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Stainless Steel Appliance(s), Microwave, Oven, Dishwasher, Dryer
  • Half Bathrooms: 1
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors, Aluminum Windows
  • Appliances Other: Cooktop
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront, Open Water, Gulf Front
  • Waterfront: Yes
  • Construction: CBS, Concrete
  • Waterview: Ocean View, Harbor/Marina View, Open Water View, Bay/Gulf View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Patrolled Area, Secured Building, Manned Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE,AE,AE,AE
  • Parcel Number: 00004590-001436
  • Land Size: 5 Less Than 10 Acres

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jun 7, 2024
Sold by
Marcussen Anthony G and Marcussen Land Trust
Bought by
James Fennel Speake Living Trust
Seller's Agent
The Behmke Group
Keller Williams Key West Compass Realty
Buyer's Agent
Behmke The
Compass Realty (KW)
List Price
$3,650,000
Sold Price
$3,550,000
Premium/Discount to List
-$100,000
-2.74%
Total Days on Market
9
Views
142
Current Estimated Value
$3,480,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,746
Avg. Annual Appreciation
-2.20%

Purchase Details

Closed on
Mar 30, 2006
Sold by
Williamson Roy Y
Bought by
Tirman Barbara M and Marcussen Anthony G

Purchase Details

Closed on
Mar 30, 2005
Bought by
Marcussen Land Trust Number 1 6/10/04

Purchase Details

Closed on
Mar 19, 2004
Sold by
Wallace Bill L and Chouinard Alfred R
Bought by
Weber Carl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 1993
Sold by
Harbour Place Dev Inc
Bought by
Chouninard Ii Alfred R and Wallace Bill L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.52%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
James Fennel Speake Living Trust $3,550,000 None Listed On Document
Tirman Barbara M $2,225,000 Chicago Title Of The Fl Keys
Marcussen Land Trust Number 1 6/10/04 $2,225,000 --
Weber Carl J $1,200,000 Chicago Title Of The Florida
Chouninard Ii Alfred R $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weber Carl J $960,000
Previous Owner Chouninard Ii Alfred R $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $3,550,000 -2.7% $1,919 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $3,650,000 -- $1,973 / Sq Ft
Source: Key West Association 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 $18,223 $2,636,869 -- $2,636,869
2023 $18,223 $2,123,499 $0 $2,123,499
2022 $17,028 $2,032,065 $0 $2,032,065
2021 $16,321 $1,814,978 $0 $1,814,978
2020 $15,498 $1,814,978 $0 $1,814,978
2019 $14,410 $1,699,166 $0 $1,699,166
2018 $13,280 $1,508,525 $0 $0
2017 $11,925 $1,255,254 $0 $0
2016 $12,605 $1,255,254 $0 $0
2015 $12,453 $1,206,479 $0 $0
2014 $13,422 $1,305,628 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Key West Association of REALTORS®

MLS Number: 609540

Key West Association of REALTORS®

APN: 00004590-001436