$487,500
SOLD MAY 15, 2017
3 Beds
3 Baths
1,408 Sq Ft
0.26 Acres

Recently Sold

$346 Per Sq Ft

15% Below List Price

166 Days on Market

Highlights

  • 0.26 Acre Lot
  • Outdoor Kitchen
  • Shutters
  • Cathedral Ceiling
  • Skylights
  • 1-minute walk to Higgs Beach Dog Park

About This Home

As of May 2024

Prime rental investment! Cathedral ceilings,spacious Open Floor Plan, Private lanai, and Off Street Parking. Plenty of potential as a vacation or annual rental. Super chance to redesign a Perfect Meadow's location into a sweet and private getaway. Pet Friendly.Great walking location to Faustos, White Street shopping and biking to the Pier or Beach

Last Agent to Sell the Property

Leigh Roach

Truman & Co. (KW) Listed on: 10/01/2016

Last Buyer's Agent

Leigh Roach

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,733

Year Built

  • Built in 1960

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Shutters
  • Single Hung Windows
  • French Doors
  • Tile Flooring

Kitchen

  • Oven
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Off-Street Parking

Outdoor Features

  • Patio
  • Outdoor Kitchen

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00024430-000104

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include building insurance
  • Truman Ave Condo Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,733

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Association Approval Required: Yes
  • Association Fee: 475.34
  • Mandatory HOA: Yes
  • Document Count: 2
  • Fee Includes: Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: The Meadows
  • Limited Representation: No
  • 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: 2733.17
  • Title: Title Ins - Buyer
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1960
  • Alternate Key Number: 8731086
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Porch Balcony: Patio
  • Association Info Condo Docs: Yes
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1408.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Sky Light(s), Split Bedroom, Cathedral Ceilings
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dryer, Oven, Washer, Refrigerator
  • Floor: Tile
  • Windows/Doors: French Doors, Impact Rstnce Window, Single Hung Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Outdoor Kitchen
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00024430-000104
  • Lot Size: 51.9x217
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.26

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Multi Family

  • Total Units: 1.00

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
$1,005,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,130
Avg. Annual Appreciation
2.55%
Original Mortgage
$780,000
Outstanding Balance
$772,503
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$232,627

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

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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 $975,000 None Listed On Document
Warranty Deed $487,500 Attorney
Warranty Deed $360,000 --
Deed $100 --
Warranty Deed $167,500 --
Warranty Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $780,000 New Conventional
Previous Owner $513,100 New Conventional
Previous Owner $365,625 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $283,000 Unknown
Previous Owner $288,000 New Conventional
Previous Owner $195,000 New Conventional
Previous Owner $15,000 Balloon
Previous Owner $150,750 No Value Available
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: 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 $5,398 $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: Florida Keys Board of REALTORS®

MLS Number: 572177

Florida Keys Board of REALTORS®

APN: 00024430-000104