$363,000
SOLD JUN 21, 2012
3 Beds
3 Baths
1,508 Sq Ft
2,987 Sq Ft Lot

Recently Sold

$241 Per Sq Ft

Highlights

  • Key West Architecture
  • No HOA
  • Ceiling Fan
  • Wood Flooring
  • French Doors
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of September 2014

Bank owned duplex in a prime Old Town location. Two bedroom apartment downstairs and a one bedroom apartment upstairs. Both units are in good condition. Property offers off street parking and room for a swimming pool in the back yard. Entered for statistical and comparable sales purposes.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 06/21/2012

Last Buyer's Agent

Elaine Chinnis

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,672

Year Built

  • Built in 1933

Lot Details

  • 2,987 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,508 Sq Ft Home
  • Ceiling Fan
  • French Doors

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport

Listing and Financial Details

  • Assessor Parcel Number 00031790-000000

Community Details

Overview

  • No Home Owners Association
  • Gg Watson Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,672

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Selling Info: Seller credit to Buyer of $5,000
  • Side: Median
  • State Province: FL
  • Taxes: 3671.85
  • Title: Title Ins - Seller
  • Vehicle Storage: Carport
  • Vehicle Storage Cars: 1
  • Year Built: 1933
  • Alternate Key Number: 1032573
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s)
  • Lot Sq Ft: 2987.00
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1508.00
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Oven, Refrigerator, Range
  • Floor: Tile, Wood
  • Windows/Doors: French Doors
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X500
  • Parcel Number: 00031790-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.07

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2013
Closed on
Sep 4, 2014
Sold by
1114 Watson Llc
Bought by
Ellis Christopher and Ellis Michelle
Seller's Agent
Elaine Chinnis
Buyer's Agent
William Brown
Southernmost Realty (KW)
List Price
$749,000
Sold Price
$660,000
Premium/Discount to List
-$89,000
-11.88%
Current Estimated Value
$1,601,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$941,246
Avg. Annual Appreciation
8.48%

Purchase Details

Listed on
Jun 21, 2012
Closed on
Jun 15, 2012
Sold by
Centennial Bank
Bought by
1114 Watson Llc
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Elaine Chinnis
List Price
$363,000
Sold Price
$363,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.90%

Purchase Details

Listed on
Jun 21, 2012
Closed on
Jun 14, 2012
Sold by
Federal Deposit Insurance Corporation
Bought by
Centennial Bank
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Elaine Chinnis
List Price
$363,000
Sold Price
$363,000

Purchase Details

Closed on
Feb 24, 2010
Sold by
Luna Thomas A
Bought by
Key West Bank Fsb

Purchase Details

Closed on
Jan 3, 2007
Sold by
Adkins Gary E
Bought by
Adkins Gary E and Luna Thomas A

Purchase Details

Closed on
Feb 9, 2006
Sold by
Everingham Robert and Everingham Constance A
Bought by
Everingham Robert and Everingham Constance A

Purchase Details

Closed on
Jan 21, 2006
Sold by
Fierst Robert and Simmons Douglas
Bought by
Everingham Robert and Everingham Constance A

Purchase Details

Closed on
Jan 4, 2000
Sold by
Findley James R and Alexander Sharon A
Bought by
Alexander Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
7.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 1995
Sold by
Soler Eloisa R and Soler Eloisa Rosa
Bought by
Adkins Gary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1974
Bought by
Ellis Christopher and Ellis Michelle
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $660,000 Attorney
Special Warranty Deed $363,000 Attorney
Quit Claim Deed $363,000 None Available
Warranty Deed $433,500 Attorney
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $60,000 --
Warranty Deed $155,000 --
Deed $12,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $735,000 Commercial
Previous Owner $433,500 Commercial
Previous Owner $242,000 Commercial
Previous Owner $80,000 Credit Line Revolving
Previous Owner $202,000 New Conventional
Previous Owner $139,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2014 09/08/14 Sold $660,000 -11.9% $408 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
07/24/2013 07/24/13 For Sale $749,000 +106.3% $463 / Sq Ft
06/21/2012 06/21/12 Sold $363,000 0.0% $241 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $363,000 -- $241 / 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 $5,972 $663,254 -- --
2023 $5,972 $643,936 $0 $0
2022 $5,715 $625,181 $0 $0
2021 $5,815 $606,972 $0 $0
2020 $5,718 $598,592 $0 $0
2019 $5,637 $585,134 $0 $0
2018 $5,628 $574,224 $293,151 $281,073
2017 $5,747 $577,863 $0 $0
2016 $6,113 $586,265 $0 $0
2015 $6,433 $560,777 $0 $0
2014 $4,901 $407,776 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Florida Keys Board of REALTORS®

MLS Number: 116633

Florida Keys Board of REALTORS®

APN: 00031790-000000