$500,000
SOLD MAR 12, 2021
2 Beds
1 Bath
912 Sq Ft
5,640 Sq Ft Lot

Recently Sold

$548 Per Sq Ft

7% Below List Price

149 Days on Market

Highlights

  • Airstrip
  • Shutters
  • Central Air
  • No HOA
  • Laundry Room
  • 3-minute walk to The Park

About This Home

As of February 2022

Excellent opportunity to own a home in Key West with this super cute move in ready 2 Bedroom 1 Bath property in New Town. This solid CBS home features a beautiful kitchen with gorgeous custom cabinets, granite counters, and stainless steel appliances. There is classic terrazzo flooring throughout most of the home giving it true Florida Keys charm. The large well maintained property offers a huge fenced backyard with plenty of room for a pool. Add some lush tropical landscaping for additional privacy and your outdoor entertaining area will feel like a resort.

Last Agent to Sell the Property

Anneliese Dietrick

Coldwell Banker Schmitt RE Co. License #SL3400781 Listed on: 09/16/2020

Last Buyer's Agent

Anneliese Dietrick

Coldwell Banker Schmitt Lower Keys (KW) License #SL3400781

Coldwell Banker Schmitt Lower Keys (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,970

Year Built

  • Built in 1960

Lot Details

  • 5,640 Sq Ft Lot
  • Privacy Fence

Parking

  • Open Parking

Home Design

  • Metal Roof

Interior Spaces

  • 912 Sq Ft Home
  • Shutters
  • Single Hung Windows
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Airstrip

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Pearlman Est Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00055720-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,970

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • 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: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2970.07
  • Title: Negotiable
  • Vehicle Storage: Open Parking
  • Year Built: 1960
  • Alternate Key Number: 1056278
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5640.00
  • Shutters: Clam Shell
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 912.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Range, Refrigerator
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview

Utilities

  • Utilities: Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE8
  • Parcel Number: 00055720-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Feb 17, 2022
Sold by
Wilson Peters Mark
Bought by
Thermes Lauren and Mosblech William Rosco
Seller's Agent
Christopher Orth
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Austin Kimbler
Keller Williams Key West Compass Realty
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Current Estimated Value
$744,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,594
Avg. Annual Appreciation
4.34%
Original Mortgage
$608,000
Outstanding Balance
$566,719
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$177,875

Purchase Details

Listed on
Sep 16, 2020
Closed on
Mar 12, 2021
Sold by
Hertzog Timothy and Hertzog Jennifer Ann
Bought by
Peters Mark Wilson
Seller's Agent
Anneliese Dietrick
Coldwell Banker Schmitt RE Co.
Buyer's Agent
Anneliese Dietrick
Coldwell Banker Schmitt Lower Keys (KW)
List Price
$539,000
Sold Price
$500,000
Premium/Discount to List
-$39,000
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.03%

Purchase Details

Closed on
Feb 12, 2018
Sold by
Hertzog Jennifer Ann and Hertzog Timothy
Bought by
Hertzog Timothy and Hertzog Jennifer Ann

Purchase Details

Closed on
Oct 9, 2013
Bought by
Hertzog Jennifer Ann
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 $640,000 Spottswood Spottswood Spottswo
Warranty Deed $500,000 Attorney
Interfamily Deed Transfer -- Attorney
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $608,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $640,000 -1.5% $702 / Sq Ft
12/14/2021 12/14/21 For Sale $650,000 +30.0% $713 / Sq Ft
03/12/2021 03/12/21 Sold $500,000 -7.2% $548 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
09/16/2020 09/16/20 For Sale $539,000 -- $591 / 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 $5,510 $653,194 $518,372 $134,822
2023 $5,510 $644,434 $518,372 $126,062
2022 $4,884 $537,681 $404,444 $133,237
2021 $3,070 $342,314 $0 $0
2020 $3,017 $337,588 $0 $0
2019 $2,970 $329,999 $0 $0
2018 $2,962 $323,846 $0 $0
2017 $2,945 $317,186 $0 $0
2016 $3,027 $310,663 $0 $0
2015 $3,227 $322,513 $0 $0
2014 $3,313 $274,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592599

Florida Keys Board of REALTORS®

APN: 00055720-000000