NOT LISTED FOR SALE

Estimated Value: $1,772,644 - $2,079,000

3 Beds
3 Baths
1,800 Sq Ft
$1,036/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $1,650,000 $917 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,699/month

2 Days on Market

About This Home

As of July 2023

Positioned in a serene and secluded enclave lies a meticulously restored historic home that is a true testament to the fusion of modern amenities and classic, quintessential details. As you approach the property, you are immediately struck by the home's grandeur and timeless elegance. The exterior boasts rich, warm tones that beautifully contrast with the lush greenery surrounding the house. The meticulous attention to detail is evident in every aspect of the property, from the ornate stained glass above the front door to the warm and inviting Key West front porch. As you step inside, you are transported back to a bygone era where craftsmanship and attention to detail were paramount. The interior seamlessly blends modern amenities and classic design creating a unique and luxurious living space. From the crown molding and baseboard to the beautiful hardwood floors throughout, this renovation left no stone unturned, ensuring that every inch of the home is perfect. The open floor plan flows effortlessly out to the private, inviting saltwater pool and deck in the backyard. Whether you're entertaining guests or enjoying a quiet evening at home, this space offers the perfect setting for relaxation and rejuvenation. The gourmet kitchen is a chef's dream, with top-of-the-line KitchenAid commercial appliances (gas range), quartzite countertops, Knotty Alder upper cabinets and white maple lower cabinets that seamlessly blend in with the classic design elements. The bedrooms are spacious and invite you to relax and unwind. The bathrooms are equally impressive, with modern fixtures and classic design elements that create a spa-like atmosphere. This home has been featured on HGTV Island Life Home and is on the National Historic Home Registry, a true testament to the beauty and elegance of this one-of-a-kind residence. Don't miss your chance to make this hidden gem your forever home.

Last Agent to Sell the Property

Tommy Mack

Coastal Collection Real Estate Inc. License #3285624 Listed on: 05/03/2023

Co-Listed By

Team Connect

Coastal Collection Real Estate Inc.

Last Buyer's Agent

Thomas Mack

SBX Real Estate, LLC (KW)

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,269

Year Built

1943

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
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 9217.45
  • Vehicle Storage: Carport, Off Street Parking
  • Year Built: 1943
  • Alternate Key Number: 1041238
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 3823.00
  • Pool Info: In Ground, Concrete, Salt Water
  • Porch Balcony: Open Porch/Balcony, Deck, Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1800.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Washer, Stainless Steel Appliance(s), Gas Appliances, Freezer, Oven, Range, Refrigerator, Dishwasher, Dryer
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Parcel Number: 00040520-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Jun 22, 2020
Sold by
Obbagy John M and Joint Denise
Bought by
Lawhon Reet and Lawhon Christina
Seller's Agent
Epperly & Blackwell TEAM
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$1,245,000
Sold Price
$1,100,000
Premium/Discount to List
-$145,000
-11.65%
Current Estimated Value
$1,863,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763,911
Avg. Annual Appreciation
11.60%
Original Mortgage
$880,000
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 16, 2020
Closed on
Jun 18, 2020
Sold by
Obbagy John M and Joint Denise
Bought by
Lawhon Reet and Lawhon Christina
Seller's Agent
Epperly & Blackwell TEAM
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Thomas Mack
SBX Real Estate, LLC (KW)
List Price
$1,245,000
Sold Price
$1,100,000
Premium/Discount to List
-$145,000
-11.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 14, 2017
Closed on
Jan 5, 2018
Sold by
Jackson Richard W and Ivory Theresa L
Bought by
Obbagy John and Obbagy Denise
Seller's Agent
Jimmy Lane
Century 21 Schwartz Realty (KW)
Buyer's Agent
Natalie Ardis
Coldwell Banker Schmitt Real Estate Co.
List Price
$990,000
Sold Price
$724,000
Premium/Discount to List
-$266,000
-26.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.62%

Purchase Details

Closed on
Dec 20, 2002
Sold by
Barauck Mark N
Bought by
Jackson Richard W and Ivory Theresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1998
Sold by
Gorman Lura
Bought by
Rapisardi Salvatore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1997
Bought by
Jackson Richard W

Purchase Details

Closed on
Sep 12, 1996
Sold by
Kinahanco-Pr Caitlin O'Connell and Co-Pr Iner Dempsey
Bought by
Gorman Lura and Rapisardi Salvatore

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
8.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1995
Bought by
Jackson Richard W

Purchase Details

Closed on
Jun 1, 1987
Bought by
Jackson Richard W

Purchase Details

Closed on
Feb 1, 1985
Bought by
Jackson Richard W
Source: Public Records

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
Lawhon Reet $1,100,000 None Listed On Document
Lawhon Reet $1,100,000 None Listed On Document
Obbagy John $724,000 Attorney
Jackson Richard W $645,000 First American Title Ins Co
Rapisardi Salvatore $275,000 --
Jackson Richard W $275,000 --
Gorman Lura $240,000 --
Jackson Richard W $325,000 --
Jackson Richard W $150,000 --
Jackson Richard W $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawhon Reet $880,000
Closed Lawhon Reet $880,000
Previous Owner Jackson Richard W $516,000
Previous Owner Gorman Lura $250,000
Previous Owner Gorman Lura $275,000
Previous Owner Gorman Lura $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2023 07/05/23 Sold $1,650,000 0.0% $917 / Sq Ft
05/03/2023 05/03/23 For Sale $1,650,000 +50.0% $917 / Sq Ft
06/18/2020 06/18/20 Sold $1,100,000 -8.1% $611 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
03/05/2020 03/05/20 Price Changed $1,197,000 -3.9% $665 / Sq Ft
01/16/2020 01/16/20 For Sale $1,245,000 +72.0% $692 / Sq Ft
01/05/2018 01/05/18 Sold $724,000 -26.9% $402 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $990,000 -- $550 / 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 $10,269 $1,386,045 $544,640 $841,405
2023 $10,269 $1,307,920 $496,822 $811,098
2022 $9,217 $1,174,178 $353,368 $820,810
2021 $8,392 $909,436 $233,417 $676,019
2020 $7,325 $935,193 $220,449 $714,744
2019 $6,029 $636,482 $258,511 $377,971
2018 $6,030 $623,672 $264,215 $359,457
2017 $5,504 $555,339 $0 $0
2016 $5,473 $521,367 $0 $0
2015 $7,101 $674,074 $0 $0
2014 $7,196 $736,481 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 605162

Key West Association of REALTORS®

APN: 00040520-000000