NOT LISTED FOR SALE

Estimated Value: $4,169,000 - $4,520,000

5 Beds
5.5 Baths
3,489 Sq Ft
$1,243/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $2,350,000 $674 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $25,801/month

122 Days on Market

Highlights

  • Concrete Pool
  • Wood Flooring
  • Granite Countertops
  • 0.13 Acre Lot
  • Lanai
  • 4-minute walk to Gato Village Pocket Park

About This Home

As of April 2020

Arriving to your impressive 3,500 sq. ft. 5 Bedroom 5.5 Bath home, located on a quiet lane in the heart of Old Town, you will be greeted by a majestic entryway lined with towering Royal Palms and lush tropical gardens. Once here you will take in all that Key West has to offer with beautiful beaches, Duval Street and the Historic Seaport just a short walk away. Daytimes are enjoyed by your resort-style Pool with waterfall, Spa and a covered Lanai for a break from the sun. In the evenings friends and family can gather on the covered Porch overlooking the Pool or in the spacious Great Room featuring Travertine floors, French Doors and a custom Chef's Kitchen boasting marble counters, stainless appliances, center cooking island with gas stove and custom cabinetry.

Last Agent to Sell the Property

Lisa Ferringo

Coldwell Banker Schmitt RE Co. Lower Keys Office License #605677 Listed on: 10/11/2019

Last Buyer's Agent

Rob Severin

Seaport Realtors (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,843

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 5,520 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,489 Sq Ft Home
  • Bar
  • Ceiling Fan
  • Blinds
  • French Doors
  • Entrance Foyer
  • Storage
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Screened Patio
  • Lanai
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Propane
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00030220-000000

Community Details

Overview

  • No Home Owners Association
  • Tropical Sub Subdivision
  • Rental Restrictions

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,843

Year Built

Built in 2005 | 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-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 15842.57
  • Title: Negotiable
  • Vehicle Storage: Detached, Off Street Parking, Garage
  • Vehicle Storage Cars: 1
  • Year Built: 2005
  • Alternate Key Number: 1030988
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 5520.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony, Screened Patio, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 3489.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar, Smoke Alarms, Window Treatments, Walk-in Closet(s), Storage, Granite Counter Top, Entrance Foyer, Drapes/Blinds Incl, Built-in Cabinets
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Microwave, Oven, Gas Appliances, Dryer, Disposal
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: French Doors
  • Total Bedrooms: 5

Exterior Features

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

Utilities

  • Utilities: FKAA, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00030220-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Apr 13, 2020
Sold by
Key West Ph Llc
Bought by
Denise Kw Llc
Seller's Agent
Lisa Ferringo
Coldwell Banker Schmitt RE Co. Lower Keys Office
Buyer's Agent
Rob Severin
Seaport Realtors (KW)
List Price
$2,599,000
Sold Price
$2,350,000
Premium/Discount to List
-$249,000
-9.58%
Current Estimated Value
$4,372,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,022,512
Avg. Annual Appreciation
11.97%
Original Mortgage
$1,880,000
Outstanding Balance
$1,677,477
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$2,615,725

Purchase Details

Listed on
Oct 18, 2013
Closed on
May 21, 2015
Sold by
Lennon Lisa
Bought by
Key West & Ph Llc
Seller's Agent
Lisa Lennon
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Lisa Ferringo
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$2,495,000
Sold Price
$1,975,000
Premium/Discount to List
-$520,000
-20.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Original Mortgage
$1,580,000
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 21, 2006
Sold by
Royal Windsor Gardens Llc
Bought by
Lennon Lisa and Lisa Lennon Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 6, 2003
Sold by
Dowling Edgar T and Dowling Patricia G
Bought by
Royal Windsor Gardens Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2003
Sold by
Cleghorn Joseph D
Bought by
Burke Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
5.24%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 6, 1995
Sold by
Dowling Edgar T and Dowling Gale C
Bought by
Dowling Edgar T and Dowling Patricia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.26%

Purchase Details

Closed on
Jan 1, 1995
Bought by
Key West-Ph Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.26%

Purchase Details

Closed on
Jun 28, 1994
Sold by
Albury Peggy J and Albury Eugene
Bought by
Albury Peggy Jean

Purchase Details

Closed on
Apr 1, 1980
Bought by
Key West-Ph Llc

Purchase Details

Closed on
Feb 1, 1977
Bought by
Key West-Ph Llc
Source: Public Records

Range of Values:

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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
Denise Kw Llc $2,350,000 Attorney
Key West & Ph Llc $1,975,000 Attorney
Lennon Lisa $2,450,000 None Available
Royal Windsor Gardens Llc $520,000 --
Burke Robert R $440,000 --
Dowling Edgar T -- --
Key West-Ph Llc $175,000 --
Albury Peggy Jean -- --
Key West-Ph Llc $45,000 --
Key West-Ph Llc $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denise Kw Llc $1,880,000
Previous Owner Key West & Ph Llc $1,580,000
Previous Owner Lennon Lisa $2,000,000
Previous Owner Royal Windsor Gardens Llc $416,000
Previous Owner Burke Robert R $910,000
Previous Owner Dowling Edgar T $0
Previous Owner Dowling Edgar T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $2,350,000 -9.6% $674 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
10/11/2019 10/11/19 For Sale $2,599,000 +31.6% $745 / Sq Ft
05/21/2015 05/21/15 Sold $1,975,000 -20.8% $566 / Sq Ft
12/12/2014 12/12/14 Pending -- -- --
10/18/2013 10/18/13 For Sale $2,495,000 -- $715 / 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 $22,326 $3,350,326 $1,644,077 $1,706,249
2023 $22,326 $3,042,611 $1,409,353 $1,633,258
2022 $19,107 $2,423,564 $1,067,844 $1,355,720
2021 $17,704 $1,972,836 $789,802 $1,183,034
2020 $19,023 $2,133,260 $1,462,800 $670,460
2019 $17,762 $2,022,382 $1,534,560 $487,822
2018 $16,253 $1,758,292 $1,259,664 $498,628
2017 $16,600 $1,764,934 $0 $0
2016 $17,000 $1,707,618 $0 $0
2015 $13,212 $1,347,645 $0 $0
2014 $13,157 $1,387,884 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 587722

Florida Keys Board of REALTORS®

APN: 00030220-000000