NOT LISTED FOR SALE

Estimated Value: $2,589,000 - $3,150,000

3 Beds
4 Baths
1,790 Sq Ft
$1,539/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $2,875,000 $1,606 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $16,187/month

153 Days on Market

About This Home

As of August 2023

Located on the corner of Petronia and Frances sits this grand iconic Key West home, originally built in 1893 and family owned until now. The current owner has taking great strides in the renovation to be sure to reflect its glory and not diminish the historic appointments. It has 3 beautiful bedrooms with 3 1/2 baths with refurbished wood flooring throughout. The original wavy glass windows have all been restored to perfection and fill every room with beautiful bright sun light. High ceilings add to the great living/dining and kitchen space. Bosche kitchen appliances. On the first level there is en suite master with French Doors revealing a great outdoor deck and pool area. Upstairs are 2 en suite bedrooms and a charming sitting area with access to the gracious balcony. Original Dade County accent walls throughout. The interior has been furnished for sale. Off Street Parking for one car..

Last Agent to Sell the Property

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 03/17/2023

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,650

Year Built

1938

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
  • Document Count: 1
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 9983.65
  • Vehicle Storage: Off Street Parking
  • Year Built: 1938
  • Alternate Key Number: 1023272
  • Building Style: Conch
  • Cooling Heating: Central Air
  • Lot Sq Ft: 3151.00
  • Pool Info: In Ground, Concrete
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1790.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Split Bedroom
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Gas Appliances, Microwave, Oven, Range, Refrigerator
  • Floor: Wood
  • Half Bathrooms: 1
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Fruit Tree(s)
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Propane

Lot Info

  • Deed Restrictions: No
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00022480-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Aug 16, 2023
Sold by
Lux Perpetua Llc
Bought by
Hoppa Scott J and Hoppa Karen I
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Key West Luxury Finders
Preferred Properties (KW)
List Price
$3,195,000
Sold Price
$2,875,000
Premium/Discount to List
-$320,000
-10.02%
Views
185
Current Estimated Value
$2,755,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$119,932
Avg. Annual Appreciation
-4.02%
Original Mortgage
$2,000,000
Outstanding Balance
$1,954,904
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$702,395

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 16, 2021
Sold by
Simeon Carol Ann and Elizabeth Ann Gardner Living T
Bought by
Lux Propetua Llc
Seller's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
Buyer's Agent
Gary Thomas
Dunaway McKenzie Realtors (KW)
List Price
$2,000,000
Sold Price
$1,900,000
Premium/Discount to List
-$100,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.03%

Purchase Details

Closed on
Feb 22, 2005
Sold by
Gardner Elizabeth Ann
Bought by
Gardner Elizabeth Ann and Elizabeth Ann Gardner Living Trust

Purchase Details

Closed on
Jul 22, 1998
Sold by
Gardner Elizabeth Ann
Bought by
Gardner Elizabeth A
Source: Public Records

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
Hoppa Scott J $2,875,000 None Listed On Document
Lux Propetua Llc $1,900,000 Attorney
Gardner Elizabeth Ann -- --
Gardner Elizabeth A $100 --
Gardner Elizabeth A $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoppa Scott J $600,000
Open Hoppa Scott J $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $2,875,000 -4.0% $1,606 / Sq Ft
05/22/2023 05/22/23 Price Changed $2,995,000 -3.2% $1,673 / Sq Ft
04/12/2023 04/12/23 Price Changed $3,095,000 -3.1% $1,729 / Sq Ft
03/17/2023 03/17/23 For Sale $3,195,000 +68.2% $1,785 / Sq Ft
06/16/2021 06/16/21 Sold $1,900,000 -5.0% $961 / Sq Ft
05/21/2021 05/21/21 For Sale $2,000,000 -- $1,011 / 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 $11,650 $1,777,262 $1,130,579 $646,683
2023 $11,650 $1,483,820 $1,087,095 $396,725
2022 $9,984 $1,155,603 $736,589 $419,014
2021 $9,936 $1,085,789 $758,419 $327,370
2020 $9,236 $1,041,518 $706,974 $334,544
2019 $8,344 $899,096 $675,111 $223,985
2018 $8,180 $862,268 $635,151 $227,117
2017 $8,320 $862,268 $0 $0
2016 $9,036 $888,011 $0 $0
2015 $2,922 $319,819 $0 $0
2014 $3,107 $317,281 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 604605

Key West Association of REALTORS®

APN: 00022480-000000