NOT LISTED FOR SALE

Estimated Value: $859,000 - $1,191,000

4 Beds
4 Baths
1,408 Sq Ft
0.26 Acres

Last Sold May 14, 2024

Last sale price $975,000 $692 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,856/month

105 Days on Market

About This Home

As of May 2024

IMPROVED PRICE!VIEW THE 360 TOUR OF THIS HOME IN THE LISTING FOR AN UP CLOSE AND PERSONAL LOOK!The Beach House! Sweet Cottage tucked away in a peaceful and private location. Prime Rental investment, Second Home or Perfect Primary. Boasting an expansive open concept floor plan with incredible Vaulted ceilings, this home affords you the perfect space to gather with family. Pristine white kitchen cabinets, quartz countertops, and stainless appliances are all from a recent update; Pantry and Laundry complete this functional and beautiful space. Newly installed laminate Flooring throughout. This unique property affords 2 bedrooms, 2 baths, 1BR/1BA Lock Out Den Suite and a 1BR/1BA Lockout Private Guest Suite. A Peaceful, Private patio outdoor entertaining space is perfect for Streaming Movies with friends and sipping cold drinks. Off Street Parking for one car. Endless potential use as a licensed Monthly Vacation Rental - City of KW License in place, Employee or Annual Rental. Do not miss the opportunity to own your very own Private, Turn-Key Beach House, in The Meadows neighborhood. This home is being offered completely furnished for ease to the New Owner. Pets are always welcome. You will enjoy a quick stroll or bike to the Beach, White Street Pier, Fine Dining, Galleries, the Music Scene, Duval, and the Historic Key West Bight.Priced below Appraised Valuehttps://my.matterport.com/show/?m=QsqYZXEwdHR

Last Agent to Sell the Property

Leigh Ann Roach

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3250714 Listed on: 01/05/2024

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Leigh Roach

Truman & Co. (KW)

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,398

Year Built

1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Fee: 753.00
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Building Insurance
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5398.07
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1960
  • Alternate Key Number: 8731086
  • Building Style: Ground Level, Conch
  • Cooling Heating: Central Air, Ceiling Fans(s), Wall/Window Unit(s)
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Monthly
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 1
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1408.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Window Treatments, Quartz Countertops, Pull Down Stairs, Built-in Cabinets, Other, Storage, Smoke Alarms, Sky Light(s), Granite Counter Top, Pantry, Cathedral Ceilings
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Laminate
  • Specialty Rooms: Other
  • Windows/Doors: Single Hung Windows, Impact Rstnce Doors, Sliding Glass Doors, Double Hung Windows
  • Appliances Other: Tankless water heate
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Storage, Privacy Wall/Fence, Lanai, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Water Separate Meter, Elect Separate Meter, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00024430-000104
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
May 14, 2024
Sold by
Sigmund Johnna R and Sigmund Michael W
Bought by
Bouterse Dylan H and Bouterse Karla M
Seller's Agent
Leigh Ann Roach
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Leigh Roach
Truman & Co. (KW)
List Price
$1,099,000
Sold Price
$975,000
Premium/Discount to List
-$124,000
-11.28%
Views
248
Current Estimated Value
$1,023,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,773
Avg. Annual Appreciation
4.15%
Original Mortgage
$780,000
Outstanding Balance
$770,376
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$260,111

Purchase Details

Listed on
Oct 1, 2016
Closed on
May 10, 2017
Sold by
Maly Kenneth J
Bought by
Sigmund Michael W and Sleith Johnna R
Seller's Agent
Leigh Roach
Truman & Co. (KW)
Buyer's Agent
Leigh Roach
Truman & Co. (KW)
List Price
$575,000
Sold Price
$487,500
Premium/Discount to List
-$87,500
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$365,625
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2002
Sold by
Hagan Ethert E
Bought by
Maly Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 1997
Sold by
Parrow John W
Bought by
Hagen Ethert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.97%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 30, 1994
Sold by
Keys Fed Credit Union
Bought by
Chandler Theodore A and Hagen Ethert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,750
Interest Rate
9.17%

Purchase Details

Closed on
Apr 1, 1988
Bought by
Maly Kenneth J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bouterse Dylan H $975,000 None Listed On Document
Sigmund Michael W $487,500 Attorney
Maly Kenneth J $360,000 --
Hagen Ethert E $100 --
Chandler Theodore A $167,500 --
Maly Kenneth J $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bouterse Dylan H $780,000
Previous Owner Sigmund Michael W $365,625
Previous Owner Hagen Ethert E $288,000
Previous Owner Hagen Ethert E $195,000
Previous Owner Hagen Ethert E $15,000
Previous Owner Chandler Theodore A $150,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $975,000 -7.1% $692 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
02/05/2024 02/05/24 Price Changed $1,050,000 -4.5% $746 / Sq Ft
01/05/2024 01/05/24 For Sale $1,099,000 +125.4% $781 / Sq Ft
05/15/2017 05/15/17 Sold $487,500 -15.2% $346 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
10/01/2016 10/01/16 For Sale $575,000 -- $408 / Sq Ft
Source: Key West Association 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 $5,398 $734,784 -- $734,784
2023 $5,398 $734,784 $0 $734,784
2022 $4,313 $472,364 $0 $472,364
2021 $4,140 $423,897 $0 $423,897
2020 $4,124 $423,897 $0 $423,897
2019 $4,067 $413,897 $0 $413,897
2018 $4,140 $413,897 $0 $0
2017 $2,610 $280,688 $0 $0
2016 $2,680 $274,915 $0 $0
2015 $2,733 $273,004 $0 $0
2014 $2,804 $270,837 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 608039

Key West Association of REALTORS®

APN: 00024430-000104