NOT LISTED FOR SALE

1126 Stump Ln Key West, FL 33040

Old Town Neighborhood

Estimated Value: $817,000 - $926,000

1 Bed
1 Bath
591 Sq Ft
$1,478/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $530,000 $897 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,141/month

210 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Quartz Countertops
  • Key West Architecture
  • Wood Flooring
  • No HOA

About This Home

As of September 2020

Great Old Town Conch Cottage, on a wonderful quiet lane. This home was restored around 2005, with new piers ,electric,plumbing, some flooring, and more. The dade pine walls were sanded, and clear coated. There is a vaulted ceiling in the living room, a spa tub in the bathroom, and newer Azec decking outside. French doors off of the living room lead to a private wonderful seating area, outdoor shower, and a storage shed.

Last Agent to Sell the Property

Elaine Coyle

Tropical Properties Real Estat (KW) Listed on: 12/30/2019

Last Buyer's Agent

Edward Salazar

At Home in Key West, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,238

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 1,000 Sq Ft Lot
  • Fenced
  • Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 591 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors

Kitchen

  • Range
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00006800-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,238

Year Built

Built in 1925 | Remodeled

Lot Details

1,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary 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
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4237.79
  • Title: Negotiable
  • Year Built: 1925
  • Alternate Key Number: 1007048
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Heat Pump, Ductless
  • Lot Sq Ft: 1000.00
  • Porch Balcony: Deck
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 591.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Quartz Countertops
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Range, Refrigerator
  • Floor: Tile, Wood
  • Windows/Doors: French Doors
  • Total Bedrooms: 1

Exterior Features

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

Utilities

  • Security: No Security
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00006800-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2017
Closed on
Mar 19, 2018
Sold by
Roberts and Judy
Bought by
Rasmussen Steven R
Seller's Agent
Gary Thomas
Preferred Properties (KW)
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$549,000
Sold Price
$520,000
Premium/Discount to List
-$29,000
-5.28%
Current Estimated Value
$873,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,749
Avg. Annual Appreciation
6.66%
Original Mortgage
$416,000
Outstanding Balance
$353,534
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$520,215

Purchase Details

Listed on
Aug 22, 2017
Closed on
Mar 15, 2018
Sold by
Roberts and Judy
Bought by
Rasmussen Steven R
Seller's Agent
Gary Thomas
Preferred Properties (KW)
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$549,000
Sold Price
$520,000
Premium/Discount to List
-$29,000
-5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$353,534
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$520,215

Purchase Details

Closed on
Oct 28, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Roberts Keith and Roberts Judy

Purchase Details

Closed on
Sep 18, 2009
Sold by
Rodriguez Joe E and Indymac Federal Bank Fsb
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 15, 2007
Sold by
Bates Robert J and Bates Page L
Bought by
Rodriguez Joe E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,200
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2006
Sold by
Blomberg Jennifer E
Bought by
Bates Robert J and Bates Page L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 27, 2003
Sold by
Shaw Stewart N and Greene Jennifer B
Bought by
Blomberg Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 1994
Sold by
Gallagher Michael J and King Wayne W
Bought by
Shaw Stewart N and Greene Jennifer B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,800
Interest Rate
8.56%

Purchase Details

Closed on
May 1, 1993
Bought by
Roberts Keith and Roberts Judy

Purchase Details

Closed on
May 1, 1986
Bought by
Roberts Keith and Roberts Judy

Purchase Details

Closed on
Jan 1, 1981
Bought by
Roberts Keith and Roberts Judy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Rasmussen Steven R $520,000 None Listed On Document
Rasmussen Steven R $520,000 None Listed On Document
Roberts Keith $235,100 Attorney
Deutsche Bank National Trust Company -- Attorney
Rodriguez Joe E $519,000 Chicago Title Of The Fl Keys
Bates Robert J $525,000 First American Title Ins Co
Blomberg Jennifer E $300,000 First American Title Ins Co
Shaw Stewart N $73,500 --
Roberts Keith $61,500 --
Roberts Keith $54,900 --
Roberts Keith $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasmussen Steven R $416,000
Closed Rasmussen Steven R $416,000
Previous Owner Rodriguez Joe E $415,200
Previous Owner Bates Robert J $472,500
Previous Owner Blomberg Jennifer E $230,000
Previous Owner Shaw Stewart N $58,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2020 09/18/20 Sold $530,000 -3.5% $897 / Sq Ft
07/27/2020 07/27/20 Price Changed $549,000 -1.8% $929 / Sq Ft
07/08/2020 07/08/20 Price Changed $559,000 -0.9% $946 / Sq Ft
06/28/2020 06/28/20 Price Changed $564,000 -0.9% $954 / Sq Ft
05/15/2020 05/15/20 Price Changed $569,000 -1.0% $963 / Sq Ft
04/08/2020 04/08/20 Price Changed $575,000 -1.4% $973 / Sq Ft
02/29/2020 02/29/20 Price Changed $583,000 -1.0% $986 / Sq Ft
02/03/2020 02/03/20 Price Changed $589,000 -1.7% $997 / Sq Ft
12/30/2019 12/30/19 For Sale $599,000 +15.2% $1,014 / Sq Ft
03/16/2018 03/16/18 Sold $520,000 -5.3% $912 / Sq Ft View Prior Sale
01/21/2018 01/21/18 Pending -- -- --
08/22/2017 08/22/17 For Sale $549,000 -- $963 / Sq Ft
Source: Florida Keys Board of REALTORS®

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
2025 $5,662 $692,381 $479,798 $212,583
2024 $5,662 $749,787 $542,640 $207,147
2023 $5,155 $648,947 $454,860 $194,087
2022 $4,498 $533,256 $337,155 $196,101
2021 $4,147 $424,703 $252,368 $172,335
2020 $4,377 $452,874 $238,070 $214,804
2019 $4,238 $433,296 $216,125 $217,171
2018 $3,116 $305,711 $198,320 $107,391
2017 $2,887 $269,996 $0 $0
2016 $3,288 $303,187 $0 $0
2015 $3,120 $278,921 $0 $0
2014 $2,932 $241,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Elaine Coyle

    Tropical Properties Real Estat (KW)

  • E

    Buyer's Agent in 2020

    Edward Salazar

    At Home in Key West, Inc.

  • Bascom Grooms

    Buyer Co-Listing Agent in 2020

    Bascom Grooms

    Bascom Grooms Real Estate (KW)

    (305) 304-7444

    63 in this area

    274 Total Sales

    Bascom Grooms
    Section Image
  • Gary Thomas

    Seller's Agent in 2018

    Gary Thomas

    Preferred Properties (KW)

    (305) 766-2642

    18 in this area

    28 Total Sales

    Gary Thomas
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588897

Florida Keys Board of REALTORS®

APN: 00006800-000000

Florida Monroe County Key West 33040 Old Town

1126 Stump Ln, Key West, FL

Not Listed for Sale

Detached

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