NOT LISTED FOR SALE

Estimated Value: $1,292,000

1 Bed
1.5 Baths
1,037 Sq Ft
0.3 Acres

Last Sold June 16, 2014

Last sale price $441,000 $425 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $7,604/month

59 Days on Market

Highlights

  • Building Security
  • Cathedral Ceiling
  • French Doors
  • 0.3 Acre Lot
  • No HOA
  • 5-minute walk to Gato Village Pocket Park

About This Home

As of June 2014

Transient License & Duval Street Location present an exciting daily double for nightly/weekly rentals & income stream - or your own vacation retreat. The historic Cuban Club Suites are within walking distance to all downtown delights, beaches, and restaurants. The condo's open layout offers a living and kitchen area with a half bath downstairs and a loft-like bedroom upstairs with a full bath. Walk everywhere - and leave the car in your very own parking space!

Last Agent to Sell the Property

Melva Borley

Sunshine State Realty Service License #0668411 Listed on: 04/18/2014

Co-Listed By

Meryl Berman

Sunshine State Realty Services

Last Buyer's Agent

Maya Thomas

Sunshine State Realty Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,574

Year Built

  • Built in 1985

Lot Details

  • 0.3

Parking

  • 1 Parking Space

Home Design

  • Metal Roof

Interior Spaces

  • 1,037 Sq Ft Home
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Tile Flooring
  • Range
  • Washer

Bedrooms and Bathrooms

  • 1 Bedroom

Home Security

Utilities

  • Central Air

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, common area mnt, cable, building insurance
  • Cuban Club Subdivision

Pet Policy

  • Pet Restriction: YES

Security

  • Building Security
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,574

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 1531.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3574.00
  • Vehicle Storage Cars: 1
  • Year Built: 1985
  • Alternate Key Number: 8763743
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 12919.00
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1037.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Fire Sprinkler
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Appliances: Range, Washer, Refrigerator
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: French Doors
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Combo Construction
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: Secured Building
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.30

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2017
Sold by
Lee Jonathan A and Fiutem Jessalyn A
Bought by
Daval Key 5 Llc
Total Days on Market
59
Current Estimated Value
$1,292,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 18, 2014
Closed on
Jun 2, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Lee Jonathon and Fiutem Jessalyn
Seller's Agent
Melva Borley
Sunshine State Realty Service
Buyer's Agent
Maya Thomas
Sunshine State Realty Services
List Price
$399,000
Sold Price
$441,000
Premium/Discount to List
$42,000
10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,700
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 6, 2014
Sold by
Kedler Robert
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 21, 2014
Sold by
Kedler Robert
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 14, 2004
Sold by
Cleaver Richard and Cleaver Jennifer
Bought by
Kedler Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2001
Bought by
Lee Jonathon Lee
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
Daval Key 5 Llc -- Attorney
Lee Jonathon $441,000 None Available
Deutsche Bank National Trust Company -- None Available
Deutsche Bank National Trust Company -- None Available
Kedler Robert $590,000 First American Title Ins Co
Lee Jonathon Lee $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duval Key 5 Llc $395,000
Closed Duval Key 5 Llc $190,000
Previous Owner Lee Jonathon $308,700
Previous Owner Kedler Robert $472,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Sold $441,000 +10.5% $425 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
04/18/2014 04/18/14 For Sale $399,000 -- $385 / 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 $4,551 $578,390 -- $578,390
2023 $4,551 $578,390 $0 $578,390
2022 $4,060 $512,744 $0 $512,744
2021 $3,854 $444,651 $0 $444,651
2020 $3,642 $444,651 $0 $444,651
2019 $3,457 $344,710 $0 $344,710
2018 $3,516 $344,710 $0 $0
2017 $3,572 $344,710 $0 $0
2016 $3,757 $344,710 $0 $0
2015 $3,858 $344,710 $0 $0
2014 $3,824 $344,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119700

Florida Keys Board of REALTORS®

APN: 00028030-000112