NOT LISTED FOR SALE

Estimated Value: $1,281,000 - $2,404,000

2 Beds
2 Baths
1,547 Sq Ft
$1,171/Sq Ft Est. Value

Last Sold May 03, 2017

Last sale price $1,275,000 $824 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $10,988/month

17 Days on Market

Highlights

  • Heated In Ground Pool
  • Key West Architecture
  • Wood Flooring
  • Deck
  • Cathedral Ceiling
  • Furnished

About This Home

As of May 2017

This 2-bedroom cottage has been totally renovated inside and out. It has been freshly furnished and decorated in a crisp Coastal style that adds a sense of seaside airiness wherever you look. It is being offered turnkey with no exclusions, and includes a transient license. Projected gross annual income for 2017 (its first full year in service since renovation) is $145,000.

Last Listed By

Christopher Santry

Last Key Realty, Inc (KW) License #3214474 Listed on: 03/31/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,392

Year Built

  • Built in 1930

Lot Details

  • 1,450 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,547 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Double Hung Windows
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Pool Deck

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Minimum Rental Period: 1
  • Assessor Parcel Number 00004980-000200

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,392

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Voluntary HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Mile Marker: 2.00
  • Min Rental Days: 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: 6392.15
  • Title: Title Ins - Buyer
  • Year Built: 1930
  • Alternate Key Number: 8681933
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless
  • Lot Sq Ft: 1450.00
  • Pool Info: Decked, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Open Porch/Balcony
  • Association Info Condo Docs: No
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1547.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Sky Light(s), Window Treatments, Smoke Alarms, Granite Counter Top, Dade County Pine, Entrance Foyer, Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Freezer, Oven, Microwave, Ice Machine, Dryer, Disposal
  • Floor: Wood
  • Windows/Doors: Double Hung Windows, Glass Doors, French Doors
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00004980-000200
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
Apr 27, 2017
Sold by
Nlkc Properties Llc
Bought by
Markatcul Llc
Seller's Agent
Christopher Santry
Last Key Realty, Inc (KW)
Buyer's Agent
Wendy Zintsmaster
Truman & Co. (KW)
List Price
$1,300,000
Sold Price
$1,275,000
Premium/Discount to List
-$25,000
-1.92%
Total Days on Market
17
Current Estimated Value
$1,811,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,070
Avg. Annual Appreciation
4.42%

Purchase Details

Listed on
Feb 20, 2014
Closed on
May 21, 2015
Sold by
1103 Fleming Street Llc
Bought by
Nlkc Properties Llc
Seller's Agent
Jeffrey Dunaway
Key West Realty, LLC (KW)
Buyer's Agent
Christopher Santry
Last Key Realty, Inc (KW)
List Price
$1,190,000
Sold Price
$1,050,000
Premium/Discount to List
-$140,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$840,000
Interest Rate
3.57%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 28, 2010
Sold by
Grayson Robbi S and Grayson Robbie S
Bought by
1103 Fleming Street Llc

Purchase Details

Closed on
Feb 17, 2010
Sold by
Mckenzie John
Bought by
Grayson Robbie S

Purchase Details

Closed on
Oct 20, 2004
Sold by
Whalen Bernard
Bought by
Grayson Robbie S and Mckenzie John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$759,200
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 29, 2003
Sold by
Coyle Elaine S
Bought by
Whalen Bernard

Purchase Details

Closed on
Feb 11, 1999
Sold by
Slachter David
Bought by
Coyle Elaine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 1995
Sold by
Aubert Richard J
Bought by
Slachter David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
9.05%

Purchase Details

Closed on
Dec 1, 1991
Bought by
Nlkc Properties Llc

Purchase Details

Closed on
Jun 1, 1989
Bought by
Nlkc Properties Llc

Purchase Details

Closed on
Apr 1, 1986
Bought by
Nlkc Properties Llc

Purchase Details

Closed on
May 1, 1985
Bought by
Nlkc Properties Llc

Range of Values:

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Average Value
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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
Markatcul Llc $1,275,000 Attorney
Nlkc Properties Llc $1,050,000 Attorney
1103 Fleming Street Llc -- Attorney
Grayson Robbie S -- Attorney
Grayson Robbie S $949,000 --
Whalen Bernard $649,000 First American Title Ins Co
Coyle Elaine S $290,000 --
Slachter David $207,000 --
Nlkc Properties Llc $100,000 --
Nlkc Properties Llc $212,500 --
Nlkc Properties Llc $140,000 --
Nlkc Properties Llc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nlkc Properties Llc $840,000
Previous Owner Grayson Robbie S $759,200
Previous Owner Coyle Elaine S $275,000
Previous Owner Coyle Elaine S $232,000
Previous Owner Slachter David $161,500
Closed Grayson Robbie S $94,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2017 05/03/17 Sold $1,275,000 -1.9% $824 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $1,300,000 +23.8% $840 / Sq Ft
05/29/2015 05/29/15 Sold $1,050,000 -11.8% $875 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
02/20/2014 02/20/14 For Sale $1,190,000 -- $992 / 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 $11,358 $1,531,548 $698,088 $833,460
2023 $11,358 $1,388,143 $598,422 $789,721
2022 $10,201 $1,251,762 $453,415 $798,347
2021 $9,526 $1,038,983 $335,356 $703,627
2020 $9,540 $1,043,967 $332,790 $711,177
2019 $9,846 $1,069,481 $350,755 $718,726
2018 $9,760 $1,037,728 $311,453 $726,275
2017 $6,643 $682,882 $0 $0
2016 $6,392 $615,914 $0 $0
2015 $3,840 $342,838 $0 $0
2014 $3,840 $334,589 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 574988

Florida Keys Board of REALTORS®

APN: 00004980-000200