$507,500
SOLD AUG 2, 2016
1 Bed
1 Bath
630 Sq Ft
1,168 Sq Ft Lot

Recently Sold

$806 Per Sq Ft

7% Below List Price

105 Days on Market

Highlights

  • Marble Flooring
  • Loft
  • No HOA
  • Cathedral Ceiling
  • Furnished
  • 2-minute walk to Higgs Beach Dog Park

About This Home

As of January 2019

Stylish and Charming, this recent renovation offers all you need for your Key West living in paradise! Adorable cigar maker's cottage, featuring hard wood floors, marble style bath, ample loft storage, stack washer/dryer, and private back deck. Upgraded electric, plumbing. New windows, doors. Hurricane shutters, too. Easy to maintain. Located in the X Zone!

Last Agent to Sell the Property

Elizabeth Chamberlain

Truman & Co. (KW) License #658990 Listed on: 03/07/2016

Last Buyer's Agent

Thomas Gomez

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,066

Year Built

  • Built in 1938

Lot Details

  • 1,168 Sq Ft Lot
  • Fenced
  • Property is zoned HHDR - Historic High Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 630 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Hung Windows
  • Loft
  • Storage

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,066

Year Built

Built in 1938

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
  • Document Count: 1
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3066.00
  • Title: Negotiable
  • Year Built: 1938
  • Alternate Key Number: 1022080
  • Building Style: Cigar Maker
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 1168.00
  • Porch Balcony: Patio
  • Shutters: Other
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 630.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Other, Window Treatments, Storage
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Microwave, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Dryer, Disposal
  • Floor: Marble, Wood
  • Specialty Rooms: Laundry Room, Loft
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 1

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2018
Closed on
Jan 4, 2019
Sold by
Mensch Ii Eugene M and Mensch Letitia L
Bought by
Pearson Kyle J
Seller's Agent
Tommy Gomez
Berkshire Hathaway Homeservices Knight & Gardner Realty
Buyer's Agent
Leigh Roach
Truman & Co. (KW)
List Price
$635,000
Sold Price
$630,000
Premium/Discount to List
-$5,000
-0.79%
Total Days on Market
105
Current Estimated Value
$1,034,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,382
Avg. Annual Appreciation
8.18%
Original Mortgage
$617,752
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 30, 2018
Closed on
Jan 2, 2019
Sold by
Mensch Ii Eugene M and Mensch Letitia L
Bought by
Pearson Kyle J
Seller's Agent
Tommy Gomez
Berkshire Hathaway Homeservices Knight & Gardner Realty
Buyer's Agent
Leigh Roach
Truman & Co. (KW)
List Price
$635,000
Sold Price
$630,000
Premium/Discount to List
-$5,000
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,752
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 7, 2016
Closed on
Aug 2, 2016
Sold by
1110 Olivia Street Llc
Bought by
Mensch Eugene E and Lwason Letitia L
Seller's Agent
Elizabeth Chamberlain
Truman & Co. (KW)
Buyer's Agent
Thomas Gomez
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$545,000
Sold Price
$507,500
Premium/Discount to List
-$37,500
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$406,000
Interest Rate
2.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2015
Sold by
Graham David M
Bought by
1110 Olivia Street Llc

Purchase Details

Listed on
Apr 24, 2014
Closed on
Aug 22, 2014
Sold by
Mcconnell Sean E and Mcconnell Helen
Bought by
Graham David
Seller's Agent
William Brown
Southernmost Realty (KW)
Buyer's Agent
Wendy Zintsmaster
Truman & Co. (KW)
List Price
$450,000
Sold Price
$325,000
Premium/Discount to List
-$125,000
-27.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%

Purchase Details

Closed on
Jul 13, 2004
Sold by
Peachey Pamela J
Bought by
Mcconnell Sean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1994
Sold by
Alfred Horne James and Horne Louise M
Bought by
Peachey Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
8.56%
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 Type Sale Price Title Company
Warranty Deed $630,000 None Listed On Document
Warranty Deed $630,000 None Listed On Document
Warranty Deed $507,500 None Available
Quit Claim Deed -- None Available
Warranty Deed $335,000 First Intl Title Inc
Warranty Deed $532,500 --
Warranty Deed $87,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,180 VA
Closed $617,752 Purchase Money Mortgage
Closed $617,752 Purchase Money Mortgage
Previous Owner $406,000 New Conventional
Previous Owner $528,000 Fannie Mae Freddie Mac
Previous Owner $426,000 Purchase Money Mortgage
Previous Owner $75,000 Credit Line Revolving
Previous Owner $84,000 New Conventional
Previous Owner $69,600 No Value Available
Closed $79,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2019 01/03/19 Sold $630,000 -0.8% $1,000 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
10/30/2018 10/30/18 For Sale $635,000 +25.1% $1,008 / Sq Ft
08/02/2016 08/02/16 Sold $507,500 -6.9% $806 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $545,000 +67.7% $865 / Sq Ft
08/22/2014 08/22/14 Sold $325,000 0.0% $516 / Sq Ft
08/22/2014 08/22/14 Sold $325,000 -27.8% $516 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
08/22/2014 08/22/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $450,000 0.0% $714 / Sq Ft
03/22/2014 03/22/14 For Sale $450,000 -- $714 / 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 $4,810 $577,616 -- --
2023 $4,810 $560,793 $0 $0
2022 $4,602 $544,460 $0 $0
2021 $4,701 $528,602 $0 $0
2020 $4,622 $521,304 $205,440 $315,864
2019 $418 $312,637 $0 $0
2018 $1,564 $306,808 $178,143 $128,665
2017 $1,591 $308,291 $0 $0
2016 $3,214 $288,811 $0 $0
2015 $3,066 $265,231 $0 $0
2014 $2,176 $209,908 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122989

Florida Keys Board of REALTORS®

APN: 00021340-000000