NOT LISTED FOR SALE

Estimated Value: $1,389,562 - $2,044,000

2 Beds
2 Baths
1,171 Sq Ft
$1,462/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $995,000 $850 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $9,757/month

31 Days on Market

Highlights

  • Wood Flooring
  • Stainless Steel Appliances
  • Walk-In Closet
  • No HOA
  • Impact Glass
  • Outdoor Shower

About This Home

As of January 2015

Fully restored and winner of the 2013 Historic Preservation Star. This craftsman style, is a one level home with two bedrooms, two bathrooms, office, salt water pool and outdoor shower. Located in the heart of Midtown, Key West, within convenient reach to Downtown, the airport and beach. The newest addition to the house is an oversized master suite complete with custom built-ins, and sliding doors revealing the tropical landscaping. The feel good ambiance of the cozy living/dining /kitchen,with stainless steel appliances provides maximum functionality. Privacy fence surrounds the outside living areas.

Last Agent to Sell the Property

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 11/21/2014

Co-Listed By

Jeffrey Grosky

Preferred Properties (KW) License #3271707

Last Buyer's Agent

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 11/21/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,014

Year Built

  • Built in 1920

Lot Details

  • 4,698 Sq Ft Lot
  • Privacy Fence
  • Sprinkler System
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,171 Sq Ft Home
  • Blinds
  • Impact Glass

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Heat Pump System

Community Details

  • No Home Owners Association
  • Tropical Bldt & Investment Co Sub Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,014

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Mile Marker: 1.50
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 5014.00
  • Title: Negotiable
  • Year Built: 1920
  • Alternate Key Number: 1041831
  • Cooling Heating: Heat Pump
  • Lot Sq Ft: 4698.00
  • Shutters: Other
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1171.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Split Bedroom, Window Treatments, Walk-in Closet(s), Drapes/Blinds Incl
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Oven, Microwave, Gas Appliances, Dryer, Disposal
  • Floor: Tile, Wood
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Lighting, Storage, Sprinkler System, Privacy Wall/Fence, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2014
Closed on
Jan 15, 2015
Sold by
Sider Lee and Stanton Gregory M
Bought by
Mallette David B and Stubbee Melinda S
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Key West Luxury Finders
Preferred Properties (KW)
List Price
$1,050,000
Sold Price
$995,000
Premium/Discount to List
-$55,000
-5.24%
Total Days on Market
31
Current Estimated Value
$1,711,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,641
Avg. Annual Appreciation
5.42%
Original Mortgage
$746,250
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 26, 2010
Sold by
Ellis Allen Russell L and Ellis Allen Linda
Bought by
Sider Lee and Stanton Gregory M

Purchase Details

Closed on
May 27, 1997
Sold by
Linda Russell and Linda Ellis Allen
Bought by
Allen Russell L and Allen Linda E

Purchase Details

Closed on
Dec 1, 1994
Bought by
Mallette David B

Purchase Details

Closed on
Jun 1, 1992
Bought by
Mallette David B

Purchase Details

Closed on
Nov 1, 1978
Bought by
Mallette David B
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
Mallette David B $995,000 First Intl Title Inc
Sider Lee $425,000 Attorney
Allen Russell L $100 --
Mallette David B $185,000 --
Mallette David B $139,000 --
Mallette David B $18,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallette David B $646,500
Closed Mallette David B $715,000
Closed Mallette David B $746,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2015 01/15/15 Sold $995,000 -5.2% $850 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
11/21/2014 11/21/14 For Sale $1,050,000 -- $897 / 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 $8,072 $1,205,002 $806,077 $398,925
2023 $8,072 $1,119,222 $735,306 $383,916
2022 $6,977 $908,262 $522,991 $385,271
2021 $6,206 $659,825 $345,462 $314,363
2020 $6,092 $649,170 $326,269 $322,901
2019 $6,633 $705,005 $386,245 $318,760
2018 $6,949 $725,655 $391,044 $334,611
2017 $7,120 $731,467 $0 $0
2016 $8,891 $873,109 $0 $0
2015 $9,403 $900,649 $0 $0
2014 $5,450 $484,151 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120668

Florida Keys Board of REALTORS®

APN: 00041160-000000