NOT LISTED FOR SALE

1113 Stump Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $1,886,000 - $4,964,000

2 Beds
1 Bath
1,212 Sq Ft
$2,948/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $1,100,000 $908 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $18,908/month

50 Days on Market

About This Home

As of July 2023

An incredible Key West location, just blocks to the Seaport and Duval. Historic Eyebrow home with good bones on a large lot, that would be well worth the investment. The finished home would rival any renovated homes in Key West. The back has ample room for a pool and the existing outdoor building could make a great pool house. There is also a curb cut for the much desired off street parking in Old Town. Could be an idea location for a monthly income property.

Last Agent to Sell the Property

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 05/28/2023

Co-Listed By

Jeffrey Grosky

Preferred Properties (KW) License #3271707

Last Buyer's Agent

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099

Home Details

Home Type

Single Family

Est. Annual Taxes

$467

Year Built

1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • 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
  • Side: Median
  • State Province: FL
  • Taxes: 446.93
  • Year Built: 1938
  • Alternate Key Number: 1007439
  • Building Style: Eyebrow
  • Cooling Heating: Wall/Window Unit(s)
  • Lot Sq Ft: 4616.00
  • Porch Balcony: Open Porch/Balcony
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1212.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Refrigerator
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Storage
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00007170-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2023
Closed on
Jul 26, 2023
Sold by
Joy Rodriguez Declaration Of Trust
Bought by
1113 Stump Lane Llc
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
List Price
$1,400,000
Sold Price
$1,100,000
Premium/Discount to List
-$300,000
-21.43%
Views
57
Current Estimated Value
$3,572,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,472,985
Avg. Annual Appreciation
73.86%
Original Mortgage
$1,150,000
Outstanding Balance
$409,172
Interest Rate
6.69%
Mortgage Type
Balloon
Estimated Equity
$3,163,813

Purchase Details

Closed on
Dec 2, 2011
Sold by
Stickney Rodriguez Joy
Bought by
Rodriguez Joy and The Joy Rodriguez Declaration
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1113 Stump Lane Llc $1,100,000 None Listed On Document
Rodriguez Joy -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 1113 Stump Lane Llc $400,000
Open 1113 Stump Lane Llc $1,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $1,100,000 -17.0% $908 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $1,325,000 -5.4% $1,093 / Sq Ft
05/28/2023 05/28/23 For Sale $1,400,000 -- $1,155 / 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 $467 $1,727,788 $1,506,662 $221,126
2023 $467 $794,177 $0 $0
2022 $447 $771,046 $0 $0
2021 $428 $748,589 $0 $0
2020 $422 $738,254 $0 $0
2019 $418 $721,656 $0 $0
2018 $410 $708,201 $553,366 $154,835
2017 $410 $710,486 $0 $0
2016 $407 $791,201 $0 $0
2015 $420 $712,524 $0 $0
2014 $418 $615,473 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Key West Luxury Finders

    Seller's Agent in 2023

    Key West Luxury Finders

    Preferred Properties (KW)

    (305) 240-0355

    33 in this area

    74 Total Sales

    Key West Luxury Finders
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jeffrey Grosky

    Preferred Properties (KW)

    (305) 304-6868

    17 in this area

    37 Total Sales

    Jeffrey Grosky
    Section Image
  • Bascom Grooms

    Buyer's Agent in 2023

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    66 in this area

    318 Total Sales

    Bascom Grooms
    Section Image
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Map

Source: Key West Association of REALTORS®

MLS Number: 605469

Key West Association of REALTORS®

APN: 00007170-000000

Florida Monroe County Key West 33040 Old Town

1113 Stump Ln, Key West, FL

This home is located at 1113 Stump Ln, Key West, FL 33040 since 28 May 2023 and is currently estimated at $3,572,985, approximately $2,948 per square foot. This property was built in 1938. 1113 Stump Ln is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Key West Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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