NOT LISTED FOR SALE

Estimated Value: $2,210,000 - $2,673,000

2 Beds
3 Baths
1,324 Sq Ft
$1,823/Sq Ft Est. Value

Last Sold June 02, 2016

Last sale price $1,185,000 $895 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $14,565/month

40 Days on Market

Highlights

  • Outdoor Pool
  • No HOA
  • Tile Flooring
  • Furnished
  • Laundry Room
  • Central Air

About This Home

As of June 2016

The perfect Key West home on a quiet corner lot in The Meadows! This beautiful home has two master bedrooms, one on the first floor and one on the second floor. Each bedroom has an en suite bathroom. There is also an additional full bathroom and laundry on the first floor. This home has been meticulously renovated to preserve the original staircase and Dade County Pine throughout. This extensive renovation features lighted coffered ceilings and a custom retro-style kitchen with high end appliances. Outside you will find off street parking, a recently updated heated pool, irrigation system, outdoor shower, and lush mature landscaping. This quintessential Key West home is being sold turn-key. Property is vacant and easy to show, rental income projection for vacation rental available upon req

Last Listed By

Krystal Thomas

Last Key Realty, Inc (KW) Listed on: 04/13/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,958

Year Built

  • Built in 1938

Lot Details

  • 3,533 Sq Ft Lot
  • Sprinkler System
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,324 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • The Meadows Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,958

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: No
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • 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
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 8958.00
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1938
  • Alternate Key Number: 1023388
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 3533.00
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1324.00
  • Pool Info Other: Eq Incld;
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Dade County Pine, Smoke Alarms
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Wine Cooler, Oven, Refrigerator, Microwave, Gas Appliances, Freezer, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Outdoor Shower, Sprinkler System
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
Jun 1, 2016
Sold by
Carter Nickolas Gene and Kitt Carter Lauren
Bought by
Reitz Michael H and Reitz Theresa Fay
Seller's Agent
Krystal Thomas
Last Key Realty, Inc (KW)
Buyer's Agent
Dean Townsend
Waterfront Resort Realty (KW)
List Price
$1,250,000
Sold Price
$1,185,000
Premium/Discount to List
-$65,000
-5.2%
Total Days on Market
40
Current Estimated Value
$2,413,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,228,674
Avg. Annual Appreciation
8.20%

Purchase Details

Listed on
Apr 11, 2014
Closed on
May 28, 2014
Sold by
Wright Craig L
Bought by
Carter Nickolas Gene and Kitt Carter Lauren
Seller's Agent
Lynn Kaufelt
Truman & Co. (KW)
Buyer's Agent
Christopher Santry
Last Key Realty, Inc (KW)
List Price
$1,025,000
Sold Price
$975,000
Premium/Discount to List
-$50,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$731,250
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 17, 2013
Closed on
May 31, 2013
Sold by
Carmack William L and Carmack Maryann S
Bought by
Wright Craig L and Craig L Wright Living Trust
Seller's Agent
Lynn Kaufelt
Truman & Co. (KW)
Buyer's Agent
Jimmy Lane
Prudential Knight Keyside Pro
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.12%

Purchase Details

Closed on
Sep 15, 2008
Sold by
Bunis Michael J
Bought by
Carmack William L and Carmack Maryann S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 1998
Sold by
Bunis Heln D
Bought by
Bunis Michael J

Purchase Details

Closed on
Mar 1, 1994
Bought by
Reitz Michael H and Reitz Theresa Fay

Purchase Details

Closed on
Aug 1, 1991
Bought by
Reitz Michael H and Reitz Theresa Fay

Purchase Details

Closed on
Dec 1, 1986
Bought by
Reitz Michael H and Reitz Theresa Fay

Purchase Details

Closed on
Feb 1, 1975
Bought by
Reitz Michael H and Reitz Theresa Fay

Range of Values:

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Average Value
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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
Reitz Michael H $1,185,000 None Available
Carter Nickolas Gene $975,000 Chicago Title Insurance Co
Wright Craig L $800,000 None Available
Carmack William L $600,000 Chicago Title Of Fl Keys Inc
Bunis Michael J $185,000 --
Reitz Michael H $210,000 --
Reitz Michael H $200,000 --
Reitz Michael H $172,500 --
Reitz Michael H $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Nickolas Gene $731,250
Previous Owner Carmack William L $450,000
Previous Owner Carmack William L $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2016 06/02/16 Sold $1,185,000 -5.2% $895 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $1,250,000 +28.2% $944 / Sq Ft
05/30/2014 05/30/14 Sold $975,000 -4.9% $549 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $1,025,000 +28.1% $577 / Sq Ft
06/03/2013 06/03/13 Sold $800,000 -3.0% $466 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $825,000 -- $481 / 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 $14,194 $1,733,529 -- --
2023 $14,194 $1,683,038 $1,010,438 $672,600
2022 $10,836 $1,418,541 $738,397 $680,144
2021 $9,738 $1,063,181 $501,686 $561,495
2020 $9,888 $1,083,861 $515,818 $568,043
2019 $10,503 $1,144,016 $623,575 $520,441
2018 $10,216 $1,132,691 $600,610 $532,081
2017 $9,390 $978,903 $0 $0
2016 $10,252 $1,141,090 $0 $0
2015 $8,958 $856,033 $0 $0
2014 $9,027 $828,199 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 123159

Florida Keys Board of REALTORS®

APN: 00022590-000000