NOT LISTED FOR SALE

Estimated Value: $1,714,863 - $2,183,000

3 Beds
3 Baths
1,556 Sq Ft
$1,248/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $2,040,000 $1,311 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $11,168/month

1 Day on Market

About This Home

As of May 2024

Immerse yourself in a world of pure tranquility with lush tropical gardens, offering a private escape in the midst of the vibrant island life. As you approach the residence you will be greeted by mature landscaping and a large concrete privacy fence, located on quite arguably the most desirable block in Key West. Upon entering the home you will find an open concept living and dining space with vaulted ceilings. Your eyes will immediately be drawn to the concealed glass doors which open up to a spacious garden patio and heated pool, providing the epitome of indoor and outdoor living; an entertainer's dream. The single level concrete home consists of 3 bedrooms and 2.5 bathrooms. Each bedroom features a private entrance and a charming outdoor seating area, perfect for enjoying your morning coffee. All new impact windows have been installed, flooding the interior with natural light accompanied with a brand new central AC system. Don't miss this opportunity to own a piece of paradise in Key West! This captivating home offers the perfect blend of comfort, outdoor living, and a prestigious location. Home is offered turn key, all furniture and furnishings will be included in the sale. Just bring your toothbrush! Contact us today to schedule a showing!**Successful monthly vacation rental with over $73,000 in rental income so far in 2024. Owner has temporally suspended rentals due to sale. Future bookings are available to convey if new owner would like to rent***Owner is a licensed RE agent*

Last Agent to Sell the Property

Paige Bethel

Island Home Realty Inc. License #3382346 Listed on: 03/27/2024

Last Buyer's Agent

Zainya Zimmerer

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3537722

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,477

Year Built

1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 29.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 10476.73
  • Title: Negotiable
  • Year Built: 1958
  • Alternate Key Number: 1041947
  • Cooling Heating: Central Air
  • Lot Sq Ft: 4704.00
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Patio
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 1
  • License Info Number Of County License: 1
  • Shutters: Roll Down Electric, Roll Down Manual
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1556.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Intercom, Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Wine Cooler, Gas Appliances, Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Combo, Wood
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Privacy Wall/Fence, Outdoor Shower
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Buyer to Verify

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00041270-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

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
Mar 27, 2024
Closed on
May 31, 2024
Sold by
August Keys Properties 605 Llc
Bought by
Gary Curt and Gary Janice
Seller's Agent
Paige Bethel
Island Home Realty Inc.
Buyer's Agent
Zainya Zimmerer
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$2,100,000
Sold Price
$2,040,000
Premium/Discount to List
-$60,000
-2.86%
Views
29
Current Estimated Value
$1,941,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,284
Avg. Annual Appreciation
-2.05%

Purchase Details

Listed on
Nov 1, 2022
Closed on
Nov 18, 2022
Sold by
Elena Castedo Ellerman Trust
Bought by
August Keys Properties 605 Llc
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Paige Bethel
Island Home Realty Inc.
List Price
$1,395,000
Sold Price
$1,500,000
Premium/Discount to List
$105,000
7.53%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.26%

Purchase Details

Closed on
Apr 15, 2004
Sold by
The Alfred Denny Ellerman Trust
Bought by
The Elena Castedo Ellerman Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2004
Sold by
Flannery Francis E
Bought by
The Alfred Denny Ellerman Trust and The Elena Castedo Ellerman Trust

Purchase Details

Closed on
Jun 1, 1996
Bought by
Ellerman Elena Castedo Trust 8/10/1990

Purchase Details

Closed on
Aug 15, 1995
Sold by
Togneri Diana B
Bought by
Moye Michael Forbes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.48%
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
Gary Curt $2,040,000 None Listed On Document
August Keys Properties 605 Llc $1,500,000 --
The Elena Castedo Ellerman Trust -- --
The Alfred Denny Ellerman Trust $995,000 --
Ellerman Elena Castedo Trust 8/10/1990 $415,000 --
Moye Michael Forbes $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Elena Castedo Ellerman Trust $400,000
Previous Owner Moye Michael Forbes $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $2,040,000 -2.9% $1,311 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $2,100,000 +40.0% $1,350 / Sq Ft
11/18/2022 11/18/22 Sold $1,500,000 +7.5% $964 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $1,395,000 -- $897 / 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 $10,477 $1,291,284 $806,077 $485,207
2023 $10,477 $1,197,117 $735,306 $461,811
2022 $6,374 $821,259 $522,991 $298,268
2021 $5,713 $608,619 $345,462 $263,157
2020 $5,190 $545,942 $326,269 $219,673
2019 $5,789 $609,254 $386,245 $223,009
2018 $5,997 $620,011 $391,044 $228,967
2017 $6,131 $623,688 $0 $0
2016 $6,574 $634,613 $0 $0
2015 $6,594 $619,769 $0 $0
2014 $6,264 $562,446 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 609338

Key West Association of REALTORS®

APN: 00041270-000000