NOT LISTED FOR SALE

Estimated Value: $1,397,646 - $2,271,000

3 Beds
1 Bath
1,014 Sq Ft
$1,673/Sq Ft Est. Value

Last Sold March 14, 2022

Last sale price $1,200,000 $1,183 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $10,231/month

43 Days on Market

Highlights

  • Spa
  • Cathedral Ceiling
  • Balcony
  • Deck
  • No HOA
  • Some Wood Windows

About This Home

As of March 2022

Circa 1890, this Old Town single family home in the coveted Meadows neighborhood combines both historic character with lots of modern upgraded charm. Extensively renovated in 1988-89 and again in 2018-21, this was a regular hangout for Jimmy Buffet in the '70s. The open floor plan and lush back yard are ideal for entertaining or simply passing the day in Margaritaville. Lots of Dade County Pine is combined with termite-resistant pressure treated lumber throughout. With the combined art of architect Bert Bender and Kellogg Builders, great care was taken to maintain the homes historic relevance along with upgraded electric and plumbing, new ceramic floors, elegant stained-glass windows and light fixtures, new bathroom, new skylight, a rosewood exterior door to brag about, new decking, zoned a/c, new metal roof, new wood siding, plantation shutters affording fantastic ventilation, a new hot tub, a 220V electric car charging circuit, and lots more. View the Matterport tour for a preview of what's awaiting for! Furniture negotiable.

Last Agent to Sell the Property

Roger Cousineau

Keller Williams Key West Compass Realty License #647575 Listed on: 12/10/2021

Keller Williams Key West Compass Realty

Co-Listed By

Edward Russell

Schwartz Property Sales, Inc (KW)

Last Buyer's Agent

Justyn Ewald

Expert Realty LLC (HQ) License #3363807

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,114

Year Built

  • Built in 1890

Lot Details

  • 2,698 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,014 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Shutters
  • Double Hung Windows
  • French Doors
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Shed

Utilities

  • Central Air
  • Propane
  • Well
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Waddells Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00022620-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,114

Year Built

Built in 1890

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: The Meadows
  • 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: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 4114.28
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking, Open Parking
  • Year Built: 1890
  • Alternate Key Number: 1023418
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 2698.00
  • Porch Balcony: Deck, Roof Top Deck, Open Porch/Balcony
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1014.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Dade County Pine
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Microwave, Dryer
  • Floor: Tile
  • Windows/Doors: Double Hung Windows, Wood Windows, French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Hot Tub, Shed, Outdoor Shower
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Propane, Well, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00022620-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Mar 14, 2022
Sold by
Mary Wassylenko and Mary Margaret
Bought by
Henry Gregory and Pfautz Sabrina
Seller's Agent
Roger Cousineau
Keller Williams Key West Compass Realty
Buyer's Agent
Justyn Ewald
Expert Realty LLC (HQ)
List Price
$1,199,000
Sold Price
$1,200,000
Premium/Discount to List
$1,000
0.08%
Current Estimated Value
$1,696,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,162
Avg. Annual Appreciation
8.28%
Original Mortgage
$960,000
Outstanding Balance
$904,287
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$656,035

Purchase Details

Closed on
Feb 15, 2002
Sold by
Debbie Wassylenko I
Bought by
Wassylenko Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.12%

Purchase Details

Closed on
May 10, 2000
Sold by
Wassylenko Peter M and Wassylenko Debbie Wassylenko
Bought by
Gagnon Alice C

Purchase Details

Closed on
Apr 1, 1982
Bought by
Wassylenko Peter M

Purchase Details

Closed on
Nov 1, 1978
Bought by
Wassylenko Peter M
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
Henry Gregory $1,200,000 Oropeza Stones Cardenas Pllc
Wassylenko Peter -- --
Gagnon Alice C $500 --
Wassylenko Peter M $39,000 --
Wassylenko Peter M $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Gregory $960,000
Previous Owner Gagnon Alice C $244,863
Previous Owner Gagnon Alice C $90,000
Previous Owner Gagnon Alice C $261,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Sold $1,200,000 +0.1% $1,183 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $1,199,000 -- $1,182 / 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 $9,815 $1,235,056 $900,832 $334,224
2023 $9,815 $1,117,976 $810,182 $307,794
2022 $7,852 $897,282 $592,056 $305,226
2021 $4,114 $488,738 $0 $0
2020 $4,278 $481,991 $0 $0
2019 $3,348 $399,785 $0 $0
2018 $3,334 $392,331 $0 $0
2017 $4,504 $446,234 $0 $0
2016 $4,826 $522,735 $0 $0
2015 $4,198 $378,827 $0 $0
2014 $4,114 $355,615 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 598771

Florida Keys Board of REALTORS®

APN: 00022620-000000