NOT LISTED FOR SALE

116 4th St Key West, FL 33040

Estimated Value: $906,000 - $1,435,000

4 Beds
2 Baths
1,500 Sq Ft
$726/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $750,000 $500 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,248/month

7 Days on Market

Highlights

  • Spa
  • Stainless Steel Appliances
  • Patio
  • No HOA
  • Shutters
  • 1-minute walk to The Park

About This Home

As of December 2021

NEW LISTING!!! Only minutes from Key West, this Big Coppitt Duplex is perfect for an owner occupier or investor. Each side is 2 bedrooms, 1 bath with dine-in kitchens, central AC, private outdoor space, laundry and more! Well maintained & updated duplex features a large 75x100 lot, hot tub, fenced yard, storage, sheds, hurricane shutters, & plenty of off street parking. Generator (right side property).

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 10/26/2021

Last Buyer's Agent

Roger Emmons

Truman & Co. (KW) License #608452

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,321

Year Built

  • Built in 1966

Lot Details

  • 7,500 Sq Ft Lot
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters

Kitchen

  • Oven
  • Microwave
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio
  • Shed

Utilities

  • Central Air
  • Whole House Permanent Generator
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00149720-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Coppitt Sub Amd Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,321

Year Built

Built in 1966

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
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Big Coppitt
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 10.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: VA
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4320.82
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1966
  • Alternate Key Number: 1194841
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 7500.00
  • Porch Balcony: Patio
  • Association Info Condo Docs: No
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1500.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Microwave, Refrigerator, Oven
  • Floor: Combo, Vinyl, Tile
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Shed, Hot Tub
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Whole House Generatr, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00149720-000000
  • Lot Size: 75x100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Dec 15, 2021
Sold by
Esquirol Pascual J and Albernas Oraida Torna
Bought by
Walker Brandon Michael
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Roger Emmons
Truman & Co. (KW)
List Price
$689,000
Sold Price
$750,000
Premium/Discount to List
$61,000
8.85%
Current Estimated Value
$1,088,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,667
Avg. Annual Appreciation
9.74%
Original Mortgage
$777,000
Outstanding Balance
$711,493
Interest Rate
3.09%
Mortgage Type
VA
Estimated Equity
$377,174

Purchase Details

Closed on
Oct 4, 2018
Sold by
Tarvis Jr John J
Bought by
Esquirol Pascual J and Albernas Oraida Torna

Purchase Details

Closed on
Sep 1, 1989
Bought by
Tarvis John J

Purchase Details

Closed on
Jun 1, 1989
Bought by
Tarvis John J

Purchase Details

Closed on
Feb 1, 1969
Bought by
Tarvis John J
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
Walker Brandon Michael $750,000 First American Mortgage Sln
Esquirol Pascual J $337,500 None Listed On Document
Tarvis John J $120,000 --
Tarvis John J $88,000 --
Tarvis John J $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Brandon Michael $777,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $750,000 +8.9% $500 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $689,000 -- $459 / 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
2025 $6,250 $671,929 -- --
2024 $5,928 $652,993 -- --
2023 $5,928 $633,974 $0 $0
2022 $5,765 $615,509 $322,500 $293,009
2021 $4,365 $328,395 $210,000 $118,395
2020 $4,321 $326,520 $208,125 $118,395
2019 $4,030 $289,574 $168,750 $120,824
2018 $4,064 $286,432 $168,750 $117,682
2017 $3,964 $281,298 $0 $0
2016 $3,790 $253,631 $0 $0
2015 $3,833 $270,779 $0 $0
2014 $3,579 $210,786 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598256

Florida Keys Board of REALTORS®

APN: 00149720-000000