NOT LISTED FOR SALE

11 Hutchinson Ln Unit 4 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,338,819 - $1,537,000

2 Beds
2 Baths
1,123 Sq Ft
$1,285/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $905,000 $806 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,595/month

96 Days on Market

About This Home

As of August 2019

The Hutchinson Lane Hamlet, is one of most private compounds hidden in Old Town Key West, It can not be seen in a drive by. It has 4 single family units, and this is the largest one., with 2 buildings. The main building consists of 1 bedroom, dining area, living room and kitchen. The 2nd unit is the master suite with its own living area. French doors open to a view of the shared pool. Large decks surround the back and front for outside dining and relaxing. For this compound there is room for a total of seven cars. The entire Hamlet is secured by a locked fence. The location is just 3 blocks from Duval.

Last Agent to Sell the Property

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 05/16/2019

Co-Listed By

Jeffrey Grosky

Preferred Properties (KW) License #3271707

Last Buyer's Agent

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 05/16/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,859

Year Built

  • Built in 1913

Lot Details

  • 2,563 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • 1,123 Sq Ft Home

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Public Hookup Available For Sewer

Community Details

  • Association fees include common area mnt
  • Old Town Unrecord Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00015150-000400

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,859

Year Built

Built in 1913

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 6000.00
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Common Area Mnt
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 1859.44
  • Year Built: 1913
  • Alternate Key Number: 8704755
  • Building Style: Other Bldg Style
  • Lot Sq Ft: 2563.00
  • Association Maintenance Fee Per: Yearly
  • Association Info Condo Docs: Yes
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1123.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Dryer
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Other
  • Waterview: No Waterview

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00015150-000400
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Joyce Libby Hamlin Revocable Trust
Bought by
Nice Kenton and Nice Kathy
Total Days on Market
96
Current Estimated Value
$1,442,940

Purchase Details

Closed on
Mar 22, 2023
Sold by
Latham Jeffrey
Bought by
Joyce Libby Hamlin Revocable Trust

Purchase Details

Closed on
Mar 21, 2023
Sold by
Key West Bungalow Llc
Bought by
Joyce Libby Hamlin Revocable Trust

Purchase Details

Listed on
May 16, 2019
Closed on
Aug 23, 2019
Sold by
Wollkoff Stanley and Wollkoff Marlynn
Bought by
Hamlin Joyce Libby and Joyce Libby Hamlin Revocable Trust
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Key West Luxury Finders
Preferred Properties (KW)
List Price
$965,000
Sold Price
$905,000
Premium/Discount to List
-$60,000
-6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%

Purchase Details

Closed on
Dec 1, 1996
Bought by
Wolkoff Stanley and Wolkoff Marlynn

Purchase Details

Closed on
Nov 1, 1990
Bought by
Wolkoff Stanley and Wolkoff Marlynn
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 Buyer Sale Price Title Company
Nice Kenton $1,235 --
Joyce Libby Hamlin Revocable Trust -- --
Joyce Libby Hamlin Revocable Trust -- --
Joyce Libby Hamlin Revocable Trust -- --
Joyce Libby Hamlin Revocable Trust -- --
Hamlin Joyce Libby $905,000 Attorney
Wolkoff Stanley $159,300 --
Wolkoff Stanley $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolkoff Stanley $110,000
Previous Owner Wolkoff Stanley $125,000
Previous Owner Wolkoff Stanley $25,000
Previous Owner Wolkoff Stanley $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $905,000 -6.2% $806 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $965,000 -- $859 / 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 $5,239 $1,283,131 $1,058,198 $224,933
2023 $5,239 $612,020 $0 $0
2022 $5,012 $594,195 $0 $0
2021 $5,124 $576,889 $0 $0
2020 $5,038 $568,925 $0 $0
2019 $2,295 $253,400 $0 $0
2018 $2,284 $248,676 $0 $0
2017 $2,270 $243,562 $0 $0
2016 $2,327 $238,553 $0 $0
2015 $2,373 $236,895 $0 $0
2014 $2,432 $235,015 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 585708

Florida Keys Board of REALTORS®

APN: 00015150-000400