NOT LISTED FOR SALE

Estimated Value: $701,000 - $891,000

2 Beds
2 Baths
885 Sq Ft
$901/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $257,250 $291 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $4,659/month

30 Days on Market

Highlights

  • No HOA
  • Central Air
  • 3-minute walk to The Park
  • Outdoor Storage
  • Fenced

About This Home

As of July 2015

This is an Auction property that is located on a great lot with a detached storage building. The home is a two bedroom two bath home in a very nice neighborhood.

Last Agent to Sell the Property

Barbara Crespo

Coldwell Banker Schmitt Real Estate Co. (KW) Listed on: 04/28/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,880

Year Built

  • Built in 1960

Lot Details

  • 5,700 Sq Ft Lot
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • 885 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Outdoor Storage
  • Ground Level
  • Central Air

Community Details

  • No Home Owners Association
  • Pearlman Est 1St Add Subdivision

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,880

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Selling Info: $5000. buyer credit
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1880.00
  • Vehicle Storage: Off Street Parking
  • Year Built: 1960
  • Alternate Key Number: 1056260
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5700.00
  • Tax Exemptions: Homestead
  • Estimated Living Sq Ft: 885.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances Other: YES
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS, Combo Construction
  • Exterior Features: Fencing, Storage
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Lot Size: 57 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jun 9, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
Despirito Joseph V and Despirito Janet
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Ocean Sotheby's International Realty
List Price
$306,500
Sold Price
$257,250
Premium/Discount to List
-$49,250
-16.07%
Current Estimated Value
$797,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,041
Avg. Annual Appreciation
11.87%

Purchase Details

Closed on
Mar 20, 2015
Sold by
Needham Greg and Needham Colleen
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 25, 2015
Sold by
Needham Greg and Needham Colleen
Bought by
Deutsche Bank

Purchase Details

Closed on
Aug 30, 2004
Sold by
Mcdougall Bradley and Moore Kathleen A
Bought by
Needham Colleen and Needham Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.91%
Mortgage Type
Balloon

Purchase Details

Closed on
May 7, 2004
Sold by
Caldwell Ralph S and Caldwell Judith A
Bought by
Mcdougall Bradley and Moore Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,400
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2002
Sold by
Melvin Fruth M and Marshann T Fruth M
Bought by
Caldwell Ralph S and Caldwell Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1984
Bought by
Despirito Joseph V and Despirito Janet

Purchase Details

Closed on
Sep 1, 1981
Bought by
Despirito Joseph V and Despirito Janet

Purchase Details

Closed on
Feb 1, 1980
Bought by
Despirito Joseph V and Despirito Janet
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
Despirito Joseph V $257,250 First American Title Ins Co
Deutsche Bank National Trust Company -- None Available
Deutsche Bank -- None Available
Needham Colleen $699,000 --
Mcdougall Bradley $563,000 --
Caldwell Ralph S $265,000 --
Despirito Joseph V $66,100 --
Despirito Joseph V $69,600 --
Despirito Joseph V $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Needham Colleen $60,000
Previous Owner Needham Colleen $559,200
Previous Owner Mcdougall Bradley $450,400
Previous Owner Caldwell Ralph S $75,000
Previous Owner Caldwell Ralph S $212,000
Closed Mcdougall Bradley $112,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $257,250 -16.1% $291 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $306,500 -- $346 / 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 $5,390 $734,750 $518,372 $216,378
2023 $5,390 $722,201 $518,372 $203,829
2022 $4,754 $612,899 $404,444 $208,455
2021 $4,276 $458,068 $276,275 $181,793
2020 $3,791 $385,780 $267,731 $118,049
2019 $3,871 $391,718 $267,731 $123,987
2018 $3,761 $371,912 $244,945 $126,967
2017 $3,646 $362,021 $0 $0
2016 $3,476 $315,785 $0 $0
2015 $3,737 $332,541 $0 $0
2014 $1,880 $181,898 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 121471

Florida Keys Board of REALTORS®

APN: 00055710-000000