NOT LISTED FOR SALE

Estimated Value: $807,000 - $1,222,000

4 Beds
2 Baths
1,269 Sq Ft
$774/Sq Ft Est. Value

Sale Details

Date Sold: October 24, 2016

Last sale price $520,000 $410 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,746 / mo

165 Days on Market

Highlights

  • Detached Guest House
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Workshop
  • 4-minute walk to Higgs Beach Dog Park

About This Home

As of October 2016

Here is your chance to renovate a modified Conch house with good bones on a deep lot, cute little concrete-block detached cottage, and very private rear garden with possible room for a pool. The house also has a rear upstairs bedroom and bath with separate entrance, that might qualify for an accessory unit. To make this jewel a vacation rental some renovations will be required. For investors, with very little effort, this property will be a positive cash-flow investment. So many possibilities are available, so bring you imagination and check book. Don't let this hot deal pass you by. Call today for a private showing.

Last Agent to Sell the Property

Everett Watkins

Preferred Properties (KW) Listed on: 04/28/2016

Co-Listed By

James Saner

Preferred Properties (KW)

Last Buyer's Agent

Michelle Meadows

Sunshine State Realty Services

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,147

Year Built

  • Built in 1948

Lot Details

  • 2,462 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,269 Sq Ft Home
  • Ceiling Fan
  • Double Hung Windows
  • Workshop
  • Utility Room
  • Laundry Room
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Detached Guest House
  • Well

Community Details

  • No Home Owners Association
  • Gg Watson Sub Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,147

Year Built

Built in 1948

Lot Details

2,462 Sq Ft Lot

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
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5147.00
  • Title: Negotiable
  • Year Built: 1948
  • Alternate Key Number: 1032328
  • Cooling Heating: Ceiling Fans(s)
  • Lot Sq Ft: 2462.00
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1269.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Range, Refrigerator
  • Floor: Laminate, Wood
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS, Frame
  • Exterior Features: Detached Guest Qtrs
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Well, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X Flood Zone
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2016
Closed on
Oct 24, 2016
Sold by
Bought by
Seller's Agent
Everett Watkins
Preferred Properties (KW)
Buyer's Agent
Michelle Meadows
Sunshine State Realty Services
List Price
$595,000
Sold Price
$520,000
Premium/Discount to List
-$75,000
-12.61%
Current Estimated Value
$981,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,579
Avg. Annual Appreciation
6.67%
Original Mortgage
$520,000
Interest Rate
3.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 5, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 2001
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Old Town, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$520,000 Attorney
-- Attorney
$90,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $415,500
Closed $416,000
Closed $520,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/24/2016 10/24/16 Sold $520,000 -12.6% $410 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $595,000 -- $469 / Sq Ft
Source: Florida Keys Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,329 $523,612
2024 $4,252 $508,856
2023 $4,252 $494,035 $0 $0
2022 $4,067 $479,646 $0 $0
2021 $4,150 $465,676 $0 $0
2020 $4,080 $459,247 $368,020 $91,227
2019 $4,044 $451,787 $360,560 $91,227
2018 $4,170 $457,988 $366,789 $91,199
2017 $4,625 $459,464 $0 $0
2016 $5,416 $515,479 $0 $0
2015 $5,147 $473,987 $0 $0
2014 $1,249 $122,184 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 123258

Florida Keys Board of REALTORS®

APN: 00031540-000000

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