NOT LISTED FOR SALE

Estimated Value: $1,160,542 - $1,902,000

2 Beds
2 Baths
937 Sq Ft
$1,490/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $830,000 $886 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,325/month

3 Days on Market

About This Home

As of May 2021

Cayo Milagro meaning Miracle Island, is an Old Town oasis. A charming two-bedroom Conch House that includes a guest cottage. This property is in a prime location, and not simply because of the 100-year-old mango tree next door (make friends with your neighbor to enjoy the freshest exotic fruit imaginable). Living on Watson Street means you're walking and biking distance from all the best shops, restaurants and cultural opportunities in Key West, yet far enough removed to enjoy the sultry solitude and quiet nights the island has to offer. The property itself is in excellent condition with stunning original hardwood flooring, gated off-street parking, cocktail pool, outdoor shower and gazebo.

Last Agent to Sell the Property

Caroline Stover Sickmen

eXp Realty LLC License #3390524 Listed on: 03/08/2021

eXp Realty LLC

Last Buyer's Agent

Angela McChesney

Preferred Properties (KW) License #3257562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
May 4, 2021
Sold by
Foreman Marshall L and Foreman Loretta
Bought by
Hulec Robert C and Hulec Laura M
Seller's Agent
Caroline Stover Sickmen
eXp Realty LLC
Buyer's Agent
Angela McChesney
Preferred Properties (KW)
List Price
$799,000
Sold Price
$830,000
Premium/Discount to List
$31,000
3.88%
Current Estimated Value
$1,395,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,886
Avg. Annual Appreciation
10.32%
Original Mortgage
$608,350
Outstanding Balance
$554,354
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$695,561

Purchase Details

Closed on
Oct 31, 2019
Sold by
Foreman Marshall and Foreman Rev Declara Marshall L
Bought by
Foreman Marshall L and Higgins Dianne

Purchase Details

Closed on
May 29, 2013
Sold by
Foreman Marshall
Bought by
Foreman Marshall L

Purchase Details

Closed on
Jul 23, 2010
Sold by
Foreman Marshall and Foreman Lorreta
Bought by
Foreman Marshall

Purchase Details

Closed on
May 7, 2010
Bought by
Foreman Marshall L Revocable Dec Trust 9/29/1

Purchase Details

Closed on
May 5, 2010
Bought by
Foreman Marshall L Revocable Dec Trust 9/29/1

Purchase Details

Closed on
Apr 21, 2010
Sold by
Stirrup Desiree Nicole and Crespo Desiree Nicole
Bought by
Williams Ross

Purchase Details

Closed on
Dec 13, 2002
Sold by
Smith Beverly T
Bought by
Williams Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 12, 1998
Sold by
Smith Beverly T and Williams Ross
Bought by
Smith Beverly T and Williams Ross

Purchase Details

Closed on
Apr 8, 1997
Sold by
Watterson Edgar W and Watterson Edith G
Bought by
Smith Beverly T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.58%

Purchase Details

Closed on
Sep 14, 1995
Sold by
Arias Maitland
Bought by
Watterson Edgar W and Watterson Edith G
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 Buyer Sale Price Title Company
Hulec Robert C $830,000 Attorney
Foreman Marshall L -- Attorney
Foreman Marshall L -- Attorney
Foreman Marshall -- Sunset Title Insurance Llc
Foreman Marshall L Revocable Dec Trust 9/29/1 $420,000 --
Foreman Marshall L Revocable Dec Trust 9/29/1 $100 --
Williams Ross -- Chicago Title Of The Florida
Williams Ross -- Chicago Title Of The Florida
Williams Ross $40,000 --
Smith Beverly T $100 --
Smith Beverly T $145,000 --
Watterson Edgar W $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hulec Robert C $608,350
Previous Owner Williams Ross $100,000
Previous Owner Williams Ross $690,000
Previous Owner Smith Beverly T $100,000
Previous Owner Smith Beverly T $225,000
Previous Owner Smith Beverly T $100,000
Previous Owner Williams Ross $100,000
Previous Owner Smith Beverly T $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $830,000 +3.9% $886 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $799,000 -- $853 / 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 $6,930 $838,723 -- --
2023 $6,930 $814,295 $0 $0
2022 $6,633 $790,578 $564,955 $225,623
2021 $2,427 $373,885 $0 $0
2020 $2,385 $368,723 $0 $0
2019 $2,348 $360,434 $0 $0
2018 $2,340 $353,714 $0 $0
2017 $2,327 $346,439 $0 $0
2016 $2,388 $339,314 $0 $0
2015 $2,436 $336,955 $0 $0
2014 $2,652 $355,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 595044

Key West Association of REALTORS®

APN: 00033610-000000