NOT LISTED FOR SALE

Estimated Value: $1,372,219 - $1,582,000

2 Beds
2 Baths
772 Sq Ft
$1,948/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $854,000 $1,106 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $9,050/month

10 Days on Market

Highlights

  • Heated In Ground Pool
  • Key West Architecture
  • Furnished
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of November 2019

The Bicycle Cottage is now available for purchase. The most photographed and painted home in Key West can be yours. This iconic home comes fully furnished and ready for vacation rental income, second home ownership, or to be your primary residence. It has a heated pool, lush landscaping, and the very best location. With so much charm this should be a top choice and this most famous home can be yours to enjoy the Key West lifestyle. The current owners have been exceptional stewards of this amazing property and you'll find it to be in wonderful condition. Bring your toothbrushes and move right in.

Last Agent to Sell the Property

Suzanne Washburn

Coldwell Banker Schmitt Real Estate Co. (KW) License #608020 Listed on: 10/21/2019

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Jennifer Newman

Doug Mayberry Real Estate (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,143

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 1,813 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 772 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Skylights
  • Some Wood Windows
  • Blinds
  • French Doors
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Deck
  • Exterior Lighting
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00004980-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,143

Year Built

Built in 1925 | 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
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5143.19
  • Year Built: 1925
  • Alternate Key Number: 1005169
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 1813.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Open Porch/Balcony
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 772.00
  • Pre Wired: Cable
  • G F Interior Features: LED Lighting
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Security System, Sky Light(s), Pantry
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Microwave, Refrigerator, Range, Gas Appliances, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: French Doors, Wood Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Shed, Sprinkler System, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Propane, Municipal Sewer
  • Heating: None

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00004980-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.04

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Nov 7, 2019
Sold by
Baudin Brady D and Baudin Deborah D
Bought by
Mpkw Llc
Seller's Agent
Suzanne Washburn
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$879,000
Sold Price
$854,000
Premium/Discount to List
-$25,000
-2.84%
Current Estimated Value
$1,503,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$649,805
Avg. Annual Appreciation
10.11%

Purchase Details

Listed on
Oct 21, 2019
Closed on
Nov 6, 2019
Sold by
Baudin Brady D and Baudin Deborah D
Bought by
Mpkw Llc
Seller's Agent
Suzanne Washburn
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Jennifer Newman
Doug Mayberry Real Estate (KW)
List Price
$879,000
Sold Price
$854,000
Premium/Discount to List
-$25,000
-2.84%

Purchase Details

Listed on
Aug 18, 2013
Closed on
Nov 13, 2013
Sold by
Sherman J Charles and Sherman Pauline M
Bought by
Baudin Brady and Baudin Deborah D
Seller's Agent
Ian Whitney
Doug Mayberry Real Estate (KW)
Buyer's Agent
Suzanne Washburn
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$679,000
Sold Price
$650,000
Premium/Discount to List
-$29,000
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$325,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2008
Sold by
Yates Donald E and Estate Of Robert H Kuehn Jr
Bought by
Sherman J Charles and Sherman Pauline M

Purchase Details

Closed on
Jul 7, 1998
Sold by
Beth Peter and Beth Steffian
Bought by
Steffian Peter and Kuehn Robert H

Purchase Details

Closed on
May 1, 1990
Bought by
Baudin Brady and Baudin Deborah D

Purchase Details

Closed on
Dec 1, 1986
Bought by
Baudin Brady and Baudin Deborah D

Purchase Details

Closed on
Apr 1, 1986
Bought by
Baudin Brady and Baudin Deborah D

Purchase Details

Closed on
Jan 1, 1985
Bought by
Baudin Brady and Baudin Deborah D
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
Mpkw Llc $854,000 None Listed On Document
Mpkw Llc $854,000 None Listed On Document
Baudin Brady $650,000 First Intl Title Inc
Sherman J Charles $570,000 Chicago Title Of The Florida
Steffian Peter $335,000 --
Baudin Brady $224,000 --
Baudin Brady $170,000 --
Baudin Brady $135,000 --
Baudin Brady $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baudin Brady $325,000
Previous Owner Baudin Brady $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2019 11/06/19 Sold $854,000 -2.8% $1,106 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
10/21/2019 10/21/19 For Sale $879,000 +35.2% $1,139 / Sq Ft
11/13/2013 11/13/13 Sold $650,000 -4.3% $842 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
08/18/2013 08/18/13 For Sale $679,000 -- $880 / 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 $8,454 $1,268,619 $828,468 $440,151
2023 $8,454 $1,122,480 $710,188 $412,292
2022 $7,314 $911,153 $538,098 $373,055
2021 $6,699 $716,174 $397,990 $318,184
2020 $6,617 $709,282 $394,944 $314,338
2019 $5,554 $623,120 $0 $0
2018 $5,553 $611,502 $366,516 $244,986
2017 $6,047 $614,478 $0 $0
2016 $6,420 $652,402 $0 $0
2015 $5,860 $545,456 $0 $0
2014 $6,181 $554,423 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587837

Florida Keys Board of REALTORS®

APN: 00004980-000000