$823,000
SOLD JUN 7, 2019
3 Beds
2.5 Baths
1,207 Sq Ft
2,730 Sq Ft Lot

Recently Sold

$682 Per Sq Ft

17% Below List Price

67 Days on Market

Highlights

  • Key West Architecture
  • No HOA
  • Balcony
  • Granite Countertops
  • Stainless Steel Appliances
  • 2-minute walk to Higgs Beach Dog Park

About This Home

As of December 2020

Immaculate, completely renovated duplex in Historic Old Town Key West. Lovely corner lot on quiet street, 2 valuable Boston Brick Off street parking spaces. Unit #1 Downstairs has 2 bedrooms 1.5 baths, Florida tile throughout, new washer/dryer, microwave, 7 ceiling fans, central heat/AC, dishwasher, disposal, granite counters tops, designer lighting package, 12'x16' private covered porch and yard with possible room for plunge pool, 2nd covered front porch, X zone (no flood insurance required). New metal roof. Unit #2 The upstairs is a legal Studio apartment with standard range, microwave, granite counter tops, fully furnished, Florida tile throughout, washer/dryer, separately metered and has a private entrance plus $2000/month income. A must see. Location! Location!

Last Agent to Sell the Property

Mitzi Krabill

Truman & Co. (KW) License #402460 Listed on: 01/16/2019

Last Buyer's Agent

Dan Serban

Florida Keys Realty Group, LLC (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,237

Year Built

  • Built in 1934 | Remodeled

Lot Details

  • 2,730 Sq Ft Lot
  • Fenced

Home Design

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

Interior Spaces

  • 1,207 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • Shutters
  • Double Hung Windows
  • French Doors
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00022290-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Old Town Unlisted Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,237

Year Built

Built in 1934 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Handicap Access: No
  • Key Island: Key West
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 5237.49
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1934
  • Alternate Key Number: 1023078
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 2730.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1207.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Granite Counter Top, Window Treatments, Smoke Alarms
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Oven, Dryer, Disposal
  • Floor: Tile
  • Half Bathrooms: 1
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00022290-000000
  • Lot Size: 35'x78'
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.06

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Dec 31, 2020
Sold by
Grob Barbara S
Bought by
Adams Anthony Jan Roger and Hostetler Pamela Elizabeth
Seller's Agent
Dan Serban
Key West Luxury Real Estate Inc (KW)
Buyer's Agent
Richard Robinson
Key West Real Estate Sales & Rentals, LLC (KW)
List Price
$949,000
Sold Price
$889,000
Premium/Discount to List
-$60,000
-6.32%
Total Days on Market
67
Current Estimated Value
$1,472,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,299
Avg. Annual Appreciation
12.30%
Original Mortgage
$706,600
Outstanding Balance
$637,720
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$848,589

Purchase Details

Listed on
Jan 16, 2019
Closed on
Jun 10, 2019
Sold by
Hallum and Hope
Bought by
Grob Barbara S
Seller's Agent
Mitzi Krabill
Truman & Co. (KW)
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$989,000
Sold Price
$823,000
Premium/Discount to List
-$166,000
-16.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$616,500
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 16, 2019
Closed on
Jun 7, 2019
Sold by
Hallum and Hope
Bought by
Grob Barbara S
Seller's Agent
Mitzi Krabill
Truman & Co. (KW)
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$989,000
Sold Price
$823,000
Premium/Discount to List
-$166,000
-16.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,500
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2008
Sold by
Jason Barroso Enterprises Llc
Bought by
Hallum Lynn and Hallum Hope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2005
Sold by
Vangieson Richard T and Hart David H
Bought by
Jason Barroso Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
5.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 1996
Sold by
Gieson Richard T Van
Bought by
Vangieson Richard T and Hart David H

Purchase Details

Closed on
Dec 1, 1982
Bought by
Hallum Lynn and Hallum Hope

Purchase Details

Closed on
Feb 1, 1974
Bought by
Hallum Lynn and Hallum Hope
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 $889,000 Florida Title Professional
Warranty Deed $823,000 None Listed On Document
Warranty Deed $823,000 None Listed On Document
Warranty Deed $550,000 Attorney
Warranty Deed $785,000 First American Title Ins Co
Quit Claim Deed $100 --
Warranty Deed $144,000 --
Deed $13,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $706,600 New Conventional
Previous Owner $616,500 Purchase Money Mortgage
Previous Owner $616,500 Purchase Money Mortgage
Previous Owner $409,000 Commercial
Previous Owner $412,500 Commercial
Previous Owner $30,000 Credit Line Revolving
Previous Owner $975,000 Negative Amortization
Previous Owner $435,000 Commercial
Closed $350,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $889,000 -6.3% $737 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $949,000 +15.3% $786 / Sq Ft
06/07/2019 06/07/19 Sold $823,000 -16.8% $682 / Sq Ft
03/24/2019 03/24/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $989,000 -- $819 / 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 $8,926 $1,174,234 $881,647 $292,587
2023 $8,926 $1,167,770 $880,957 $286,813
2022 $7,560 $880,744 $587,305 $293,439
2021 $6,960 $697,107 $433,585 $263,522
2020 $6,470 $684,675 $422,556 $262,119
2019 $6,262 $642,986 $410,148 $232,838
2018 $6,248 $700,248 $461,848 $238,400
2017 $6,058 $703,130 $0 $0
2016 $5,614 $573,076 $0 $0
2015 $5,249 $501,846 $0 $0
2014 $4,760 $393,731 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583744

Florida Keys Board of REALTORS®

APN: 00022290-000000