$854,000
SOLD NOV 6, 2019
2 Beds
2 Baths
772 Sq Ft
1,813 Sq Ft Lot

Recently Sold

$1,106 Per Sq Ft

3% Below List Price

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
$1,507,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,331
Avg. Annual Appreciation
10.08%

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

Similar Homes in Key West, FL

  • 1302 11th St, Key West, FL 33040

    $850,000

    • 3 Beds
    • 3 Baths
    • 1,616 Sq Ft
    • 1302 11th St
    • Key West, FL

    SELLER IS MOTIVATED AND WANTS IT SOLD BY AUGUST 1:Welcome to 1302 11th Street, a beautifully updated 3-bedroom, 3-bathroom home in one of Key West's most family-friendly neighborhoods. Just minutes from grocery stores and shopping this prime location offers the perfect blend of comfort and convenience.Sitting on an oversized corner lot, the home offers multiple private yards perfect for a garden,

    Cardenas & Krug Team Ocean Sotheby's International Realty

    Section Image
  • 3218 Harriet Ave, Key West, FL 33040

    $649,000

    • 2 Beds
    • 2 Baths
    • 1,032 Sq Ft
    • 3218 Harriet Ave
    • Key West, FL

    Welcome to your island oasis in the heart of Key West! Nestled on a quiet tree lined street in the New Town neighborhood, this beautifully maintained 2 bedroom home offers the perfect balance of comfort, convenience, and Key West charm.Step inside and be greeted by a bright, open layout with impact-rated windows and doors that flood the space with natural light while offering peace of mind in our

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 340 Boundary Ln, Key West, FL 33040

    $799,000

    • 3 Beds
    • 2 Baths
    • 1,128 Sq Ft
    • 340 Boundary Ln
    • Key West, FL

    Welcome to your tropical oasis on Geiger Key!This stunning brand-new construction seamlessly blends modern luxury with island charm, offering the ultimate Keys lifestyle. Step inside to discover a bright and airy open floor plan that effortlessly connects the living, dining, and kitchen areas--perfect for both relaxing and entertaining. The chef's kitchen is a standout feature, boasting stainless

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 608 Roberts Ln, Key West, FL 33040

    $998,000

    • 2 Beds
    • 2 Baths
    • 1,700 Sq Ft
    • 608 Roberts Ln
    • Key West, FL

    OLD TOWN CONCH HOUSE on a lovely Lane tucked away but close to all of your favorite shops, cafes and Key West attractions! First time on the market in over 45 years! This historic home built by the Roberts Family is located on a quiet cul-de-sac lane in Old Town Key West. Tucked away and just off Frances St, 608 Roberts Lane (formerly known as Cates Lane as well as Darwin Court dates back to the

    Bascom Grooms Bascom Grooms Real Estate (KW)

    Section Image
  • 611 Grinnell St Unit 6, Key West, FL 33040

    $879,100

    • 2 Beds
    • 1 Bath
    • 610 Sq Ft
    • 611 Grinnell St
    • Unit 6
    • Key West, FL

    Old Town Key West, welcome to this adorable 2 Bedroom, 1 Bath historic cottage Tucked away in one of the most enchanting neighborhoods, 611 Grinnell Street,Home #6, is full of warmth, charm, and island character. A true hidden gem, this 610 sq ft home is part of a small, peaceful compound just a short stroll to Duval Street and the Historic Seaport. Close to wonderful restaurants, live music,

    Stacey Pillari Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image
  • 609 1/2 Margaret St, Key West, FL 33040

    $879,000

    • 1 Bed
    • 2 Baths
    • 884 Sq Ft
    • 609 1/2 Margaret St
    • Key West, FL

    Great location in the heart of Old Town, just off Southard Street. This updated single family home features an open floor plan with living area, dining area and kitchen. The full bath on the first floor is updated and features a shower and the washer/dryer. The open staircase has a high ceiling and leads to the bedroom and full bath on the second floor. Enjoy a peaceful wraparound-covered porch

    The Behmke Group Keller Williams Key West Compass Realty

    Section Image
  • 710 Ashe St Unit Rear, Key West, FL 33040

    $999,000

    • 2 Beds
    • 1 Bath
    • 1,021 Sq Ft
    • 710 Ashe St
    • Unit Rear
    • Key West, FL

    Tucked away on one of the best streets in Old Town Key West, 710 Ashe Street Rear is a beautifully remodeled 2 bedroom, 1 bath residence offering the perfect balance of family living and an optional vacation rental opportunity. Upon entering, an expansive open floor plan invites you in, with the living, dining, and kitchen areas flow effortlessly into one another. Framed by four sets of French

    Team Kaufelt Truman & Co. (KW)

    Section Image
  • 308 Peacon Ln, Key West, FL 33040

    $990,000

    • 3 Beds
    • 3 Baths
    • 1,296 Sq Ft
    • 308 Peacon Ln
    • Key West, FL

    Yes - not too good to be true or a misprint! Priced to sell for just $990,000 with this $400,000 price reduction.Enjoy Key West living on one of our most picturesque Old Town lanes. Located in the heart of the historic district and near the seaport, everything you want in Key West is right out your door. Built in the early 1900s, over the years the home was converted into a legal 2-unit property

    Vic Musmanno Coldwell Banker Schmitt Real Estate Co. (KW)

    Section Image
  • 716 Elizabeth St Unit Rear, Key West, FL 33040

    $970,000

    • 3 Beds
    • 2 Baths
    • 1,049 Sq Ft
    • 716 Elizabeth St
    • Unit Rear
    • Key West, FL

    Tucked away in the heart of historic Old Town Key West near Solares Hill, this enchanting property is a rare treasure that perfectly captures the charm and allure of Island Living. The front unit, a delightful two-bedroom, one-bath haven, features an inviting porch that exudes timeless Key West charm and affords the perfect perch to unwind amidst the vibrant tropical surroundings. Beyond, a

    Leigh Ann Roach Berkshire Hathaway HomeServices Knight & Gardner Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $854,000 None Listed On Document
Warranty Deed $854,000 None Listed On Document
Warranty Deed $650,000 First Intl Title Inc
Personal Reps Deed $570,000 Chicago Title Of The Florida
Warranty Deed $335,000 --
Warranty Deed $224,000 --
Warranty Deed $170,000 --
Warranty Deed $135,000 --
Warranty Deed $39,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $325,000 New Conventional
Previous Owner $122,000 Credit Line Revolving
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

  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587837

Florida Keys Board of REALTORS®

APN: 00004980-000000