NOT LISTED FOR SALE

Estimated Value: $1,217,716 - $1,518,000

3 Beds
2 Baths
1,321 Sq Ft
$1,020/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $690,000 $522 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $7,880/month

253 Days on Market

Highlights

  • 0.12 Acre Lot
  • Maid or Guest Quarters
  • Key West Architecture
  • Island Location
  • Deck
  • No HOA

About This Home

As of November 2018

NEW PRICE! Duplex in Old Town Key West on 5400+ sq ft lot! Great opportunity to own a home with guest cottage. The main home is light filled and spacious with a den, open living area/dining area, and the kitchen leads to a private rear deck. The main home boasts two bedrooms and a full bath. The detached 1BR/1BA cottage has a separate gated entrance, outdoor space, deck, and is ready for your finishing touches! The lot offers room for a pool or gardens. Fenced. This property makes an ideal rental property or would be perfect for an owner-occupier with rental income. Outstanding location just steps to Duval Street, shopping, dining, galleries, and more! X Flood Zone.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 01/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,412

Year Built

  • Built in 1923

Lot Details

  • 5,428 Sq Ft Lot
  • Privacy Fence
  • Fenced

Home Design

  • Duplex
  • Key West Architecture
  • Frame Construction

Interior Spaces

  • 1,321 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Storage
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Location

  • Island Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00029390-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Investment Co Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,412

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 2
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: Yes
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3412.27
  • Title: Negotiable
  • Year Built: 1923
  • Alternate Key Number: 1030155
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 5428.00
  • Porch Balcony: Deck
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1321.00
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Oven, Range, Refrigerator
  • Floor: Tile
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: X FLOOD ZONE
  • Parcel Number: 00029390-000000
  • Lot Size: 46 x 118
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2023
Sold by
Weaver Susan
Bought by
Greenhog Llc
Total Days on Market
253
Current Estimated Value
$1,347,679

Purchase Details

Listed on
Jan 15, 2018
Closed on
Nov 30, 2018
Sold by
Frank Fernandez
Bought by
Weaver Susan
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Creative Technology
List Price
$795,000
Sold Price
$690,000
Premium/Discount to List
-$105,000
-13.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%
Original Mortgage
$250,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2018
Closed on
Nov 29, 2018
Sold by
Frank Fernandez
Bought by
Weaver Susan
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Creative Technology
List Price
$795,000
Sold Price
$690,000
Premium/Discount to List
-$105,000
-13.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1992
Bought by
Fernandez Frank

Purchase Details

Closed on
Mar 1, 1988
Bought by
Fernandez Frank

Purchase Details

Closed on
May 1, 1980
Bought by
Fernandez Frank

Purchase Details

Closed on
Feb 1, 1979
Bought by
Fernandez Frank
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
Greenhog Llc $1,250,000 None Listed On Document
Weaver Susan $690,000 None Listed On Document
Weaver Susan $690,000 None Listed On Document
Fernandez Frank $120,000 --
Fernandez Frank $116,500 --
Fernandez Frank $66,000 --
Fernandez Frank $23,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weaver Susan $250,000
Previous Owner Weaver Susan $250,000
Previous Owner Fernandez Frank $92,000
Previous Owner Fernandez Frank $92,000
Previous Owner Fernandez Frank $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $690,000 -13.2% $522 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $795,000 -- $602 / 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 $4,118 $1,083,083 $780,655 $302,428
2023 $4,118 $440,621 $0 $0
2022 $3,803 $409,792 $0 $0
2021 $3,640 $358,599 $0 $0
2020 $3,555 $350,919 $0 $0
2019 $5,966 $581,930 $414,075 $167,855
2018 $3,222 $307,190 $0 $0
2017 $3,214 $304,807 $0 $0
2016 $3,412 $356,841 $0 $0
2015 $3,344 $337,557 $0 $0
2014 $3,251 $284,126 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578275

Florida Keys Board of REALTORS®

APN: 00029390-000000