NOT LISTED FOR SALE

Estimated Value: $1,976,000 - $3,807,000

2 Beds
2 Baths
1,524 Sq Ft
$283/mo HOA Fee

Last Sold December 21, 2012

Last sale price $1,250,000 $820 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $15,503/month

64 Days on Market

Highlights

  • Ocean Front
  • Concrete Pool
  • Cathedral Ceiling
  • Gated with Attendant
  • 2.7 Acre Lot
  • 1-minute walk to Truman Annex Park

About This Home

As of December 2012

Located in the historic Naval Administration Bldg of Harbour Place, in the Truman Annex, this condo is one of only 4 oceanside units on the ground level that features dramatic harbour views and extraordinary decks that exit to the large waterfront pool and the Truman Waterfront. Access Mallory Square within 5 minute walk from your back door. The property has 10' ceilings and allows for cross breezes on two sides of the building. The interior has been updated and the living, dining, and kitchen all face the water and access the 1,000'+ deck. 2 designated covered parking spaces +guest parking. Unit conveys w/Transient License and sale is contingent upon Sellers securing replacement home. Buyer to pay transfer fee to Master HOA @ closing

Last Agent to Sell the Property

Megan Behmke

Compass Realty (KW) Listed on: 10/04/2012

Last Buyer's Agent

J. Michael Caron

Compass Realty (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,574

Year Built

  • Built in 1990

Lot Details

  • 2.7

HOA Fees

  • $283 Monthly HOA Fees

Interior Spaces

  • 1,524 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Ocean Views
  • Monitored

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Electric Gate
  • Assigned Parking

Accessible Home Design

  • Handicap Accessible
  • Accessible Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Additional Features

  • Patio
  • Ocean Front
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 00004590-001408

Community Details

Overview

  • Association fees include bldg exterior mnt, security, common area mnt, cable, building insurance
  • Harbour Place Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Pet Restriction: YES

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,574

Year Built

Built in 1990

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: No
  • Association Fee: 850.00
  • Mandatory HOA: Yes
  • Fee Includes: Bldg Exterior Mnt, Other, Security, Common Area Mnt, Cable, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: Yes
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Manager on Premises, Other Area Features
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Selling Info: Nicely done Mike!
  • Side: Ocean
  • State Province: FL
  • Taxes: 9574.06
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Covered Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1990
  • Alternate Key Number: 8770961
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 117556.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Quarterly
  • Tax Exemptions: None
  • Building Style Stories: 3 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1524.00
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets, Elevator, Cathedral Ceilings
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Carpet, Tile
  • Windows/Doors: French Doors, Impact Rstnce Window
  • Total Bedrooms: 2
  • Accessibility Features: Accessible, Parking

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: CBS
  • Roof: Other Roof
  • Waterview: Ocean View, Open Water View
  • Pool: Yes

Utilities

  • Security: Electric Gate, Secured Building, Patrolled Area, Manned Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00004590-001408
  • Land Size: 2 Less Than 5 Acres
  • Acres: 2.70

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2012
Closed on
Dec 18, 2012
Sold by
Hanks Gilbert A and Hanks Veronica J
Bought by
Coan Thomas M and Coan Mary S
Seller's Agent
Megan Behmke
Compass Realty (KW)
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$1,340,000
Sold Price
$1,250,000
Premium/Discount to List
-$90,000
-6.72%
Current Estimated Value
$2,568,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,318,503
Avg. Annual Appreciation
5.88%

Purchase Details

Closed on
Jun 3, 2010
Sold by
Hanks Gilbert A and Hanks Veronica J
Bought by
Hanks Gilbert A and Hanks Veronica J

Purchase Details

Closed on
Nov 25, 2009
Bought by
Coan Thomas M and Coan Mary S

Purchase Details

Closed on
Jan 25, 2006
Sold by
Howell Marilou and Scerrato Robert C
Bought by
Cancilliari Dino M and Cancilliari Alison P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 5, 1995
Sold by
Bonnette Harris L
Bought by
Howell Marilou and Scerrato Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
7.79%

Purchase Details

Closed on
Feb 1, 1992
Bought by
Coan Thomas M and Coan Mary S
Source: Public Records

Range of Values:

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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
Coan Thomas M $1,250,000 Attorney
Hanks Gilbert A -- Attorney
Coan Thomas M $1,175,000 --
Cancilliari Dino M $2,000,000 Independent Abstract & Title
Howell Marilou $485,000 --
Coan Thomas M $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Witucki Michael I $1,890,000
Previous Owner Cancilliari Dino M $1,400,000
Previous Owner Scerrato Robert C $2,250,000
Previous Owner Howell Marilou $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2012 12/21/12 Sold $1,250,000 -6.7% $820 / Sq Ft
12/07/2012 12/07/12 Pending -- -- --
10/04/2012 10/04/12 For Sale $1,340,000 -- $879 / 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 $12,422 $1,457,725 -- --
2023 $12,422 $1,415,267 $0 $0
2022 $11,895 $1,374,046 $0 $0
2021 $12,182 $1,334,026 $0 $1,334,026
2020 $11,981 $1,315,608 $0 $1,315,608
2019 $11,816 $1,286,030 $0 $1,286,030
2018 $10,788 $1,178,191 $0 $0
2017 $9,690 $966,874 $0 $0
2016 $10,210 $966,874 $0 $0
2015 $10,036 $922,003 $0 $0
2014 $11,931 $1,149,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 117033

Florida Keys Board of REALTORS®

APN: 00004590-001408