NOT LISTED FOR SALE

Estimated Value: $2,472,000 - $2,779,000

4 Beds
4 Baths
2,551 Sq Ft
$1,012/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $1,865,000 $731 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $15,011/month

7 Days on Market

Highlights

  • 0.18 Acre Lot
  • Maid or Guest Quarters
  • Key West Architecture
  • Fruit Trees
  • Deck
  • 3-minute walk to Higgs Beach Dog Park

About This Home

As of March 2022

Hidden gem can get used a lot when selling houses, this time however it's truly the real deal. Behind unassuming bushes on a quiet block of the Meadows, occupying an over 8000sf double lot sits this rare 4BD/4BA home with tall ceilings and large spacious rooms throughout. Located in the X Flood Zone, the historic main house has 3BD's & 3BA's with an addition of a 1BD/1BA guest house connected by a charming screened in breezeway that doubles as an outdoor dining room reminiscent of days gone by. The addition was built in 2012 & showcases the magnificent Spanish lime tree in the center of the property as well as the lounging decks. Huge master suite with cathedral ceilings & a 2nd floor outdoor deck with tree top vistas to sip your morning coffee & evening wine. Even has a room for a home office. Plenty of shady yard around the entire property as well as a separate 200 sf utility building that is perfect for storage or an artist studio. The larger than expected back yard has plenty of room for a pool, games, sheds & toys. The property is fully fenced and has a front porch that can remain privately ensconced in greenery or opened up to reveal the classic architectural lines. All of this is ready for your personal touch!

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 01/31/2022

Co-Listed By

John Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #3264225

Last Buyer's Agent

Marc Ulanowski

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,810

Year Built

  • Built in 1948

Lot Details

  • 8,002 Sq Ft Lot
  • Privacy Fence
  • Fruit Trees
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,551 Sq Ft Home
  • Cathedral Ceiling
  • Storage

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • W C Maloney Diagram Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00025250-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,810

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 6809.70
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1948
  • Alternate Key Number: 1026034
  • Building Style: Conch
  • Cooling Heating: Central Air, Ductless
  • Lot Sq Ft: 8002.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2551.00
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Cathedral Ceilings
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Range, Stainless Steel Appliance(s), Refrigerator, Microwave, Oven, Dryer
  • Floor: Tile, Wood
  • Total Bedrooms: 4
  • Sq Ft Remarks: Buyer to Verify Square Footage

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fruit Tree(s), Storage, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X Flood Zone
  • Parcel Number: 00025250-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Mar 28, 2022
Sold by
Tracy Thomas Sarah
Bought by
Collins Bernie T and Collins Courtney
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Marc Ulanowski
Ocean Sotheby's International Realty
List Price
$2,000,000
Sold Price
$1,865,000
Premium/Discount to List
-$135,000
-6.75%
Current Estimated Value
$2,582,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$717,713
Avg. Annual Appreciation
9.81%
Original Mortgage
$1,000,000
Outstanding Balance
$967,122
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$1,615,591

Purchase Details

Closed on
Jun 1, 1982
Bought by
Kostmayer Sarah T

Purchase Details

Closed on
Feb 1, 1976
Bought by
Kostmayer Sarah T
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
Collins Bernie T $1,865,000 Spottswood Spottswood Spottswo
Kostmayer Sarah T -- --
Kostmayer Sarah T $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Bernie T $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $1,865,000 -6.8% $731 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $2,000,000 -- $784 / 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 $16,460 $1,969,996 -- --
2023 $16,460 $1,912,617 $1,464,686 $447,931
2022 $6,644 $792,496 $0 $0
2021 $6,810 $769,414 $0 $0
2020 $6,696 $758,791 $0 $0
2019 $6,599 $741,732 $0 $0
2018 $6,602 $727,902 $0 $0
2017 $6,575 $712,931 $0 $0
2016 $6,794 $698,268 $0 $0
2015 $6,926 $693,414 $0 $0
2014 $7,139 $687,911 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599418

Florida Keys Board of REALTORS®

APN: 00025250-000000