$1,100,000
SOLD JUN 18, 2020
3 Beds
3 Baths
1,800 Sq Ft
3,823 Sq Ft Lot

Recently Sold

$611 Per Sq Ft

12% Below List Price

110 Days on Market

Highlights

  • Concrete Pool
  • No HOA
  • Stainless Steel Appliances

About This Home

As of July 2023

Just steps outside Key West's Casa Marina neighborhood lies this hidden gem: a restored 1943 grand-style home boasting contemporary updates and Conch-style charm. Featured on HGTV Island Life Home and on the National Historic Home Registry, this 3 bedroom and 3 bathroom home has been meticulously renovated from the ground up by a master craftsman. The gourmet kitchen is equipped with KitchenAid commercial appliances, quartzite countertops, Knotty Alder upper cabinets and white maple lower cabinets. Indoor-outdoor entertaining made easy with the open-floor plan, new outdoor decking and a shimmering pool sure to be the social center of your next gathering. Each of the two balconies have been completely restored with the master balcony overlooking the serenity of your luxurious backyard.

Last Agent to Sell the Property

Epperly & Blackwell TEAM

Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK3313232 Listed on: 01/16/2020

Last Buyer's Agent

Thomas Mack

SBX Real Estate, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,029

Year Built

  • Built in 1943

Lot Details

  • 3,823 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • 1,800 Sq Ft Home
  • Frame Construction

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Deck

Utilities

  • Propane
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00040520-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,029

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 6028.84
  • Year Built: 1943
  • Alternate Key Number: 1041238
  • Lot Sq Ft: 3823.00
  • Pool Info: Concrete, In Ground, Decked
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1800.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Gas Appliances, Dryer
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: Buyer to Verify, Propane, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00040520-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.09

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2019

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%
Total Days on Market
110
Current Estimated Value
$1,887,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$787,399
Avg. Annual Appreciation
11.52%
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

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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 Type Sale Price Title Company
Warranty Deed $1,100,000 None Listed On Document
Warranty Deed $1,100,000 None Listed On Document
Warranty Deed $724,000 Attorney
Warranty Deed $645,000 First American Title Ins Co
Quit Claim Deed $275,000 --
Quit Claim Deed $275,000 --
Warranty Deed $240,000 --
Warranty Deed $325,000 --
Warranty Deed $150,000 --
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,267,000 New Conventional
Closed $880,000 Purchase Money Mortgage
Closed $880,000 Purchase Money Mortgage
Previous Owner $63,500 Credit Line Revolving
Previous Owner $516,000 Purchase Money Mortgage
Previous Owner $250,000 New Conventional
Previous Owner $275,000 Purchase Money Mortgage
Previous Owner $250,000 New Conventional
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: 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 $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: Florida Keys Board of REALTORS®

MLS Number: 589210

Florida Keys Board of REALTORS®

APN: 00040520-000000