NOT LISTED FOR SALE

Estimated Value: $868,000 - $949,000

2 Beds
1 Bath
1,071 Sq Ft
$838/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $425,000 $397 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,092/month

2 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property

About This Home

As of April 2020

Convenient New Town Location ready for your renovation.

Last Agent to Sell the Property

Behmke The

Compass Realty (KW) Listed on: 02/24/2020

Last Buyer's Agent

Terry Garcia

SBX Real Estate, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,170

Year Built

  • Built in 1958

Lot Details

  • 6,382

Parking

  • Off-Street Parking

Home Design

  • Metal Roof

Interior Spaces

  • 1,071 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • 6,382 Sq Ft Lot
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Pearlman Est Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00055320-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,170

Year Built

Built in 1958

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: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 4.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Median
  • State Province: FL
  • Taxes: 4170.18
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1958
  • Alternate Key Number: 1055905
  • Lot Sq Ft: 6382.00
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1071.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Refrigerator, Range
  • Floor: Tile
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00055320-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Apr 14, 2020
Sold by
Ruth K Hill Revocable Trust
Bought by
Varela Freddy M
Seller's Agent
Behmke The
Compass Realty (KW)
Buyer's Agent
Terry Garcia
SBX Real Estate, LLC (KW)
List Price
$425,000
Sold Price
$425,000
Total Days on Market
2
Current Estimated Value
$897,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,611
Avg. Annual Appreciation
14.59%
Original Mortgage
$0
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 24, 2020
Closed on
Apr 9, 2020
Sold by
Ruth K Hill Revocable Trust and Hill Ruth K
Bought by
Varela Freddy M
Seller's Agent
Behmke The
Compass Realty (KW)
Buyer's Agent
Terry Garcia
SBX Real Estate, LLC (KW)
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2008
Sold by
Hill Ruth K
Bought by
Ruth K Hill Revocable Trust

Purchase Details

Closed on
Sep 13, 2000
Sold by
Lanier Hank and Lanier Sandra H
Bought by
Hill Ruth K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1993
Bought by
Hill Ruth K Rev Tr

Purchase Details

Closed on
Jun 1, 1991
Bought by
Hill Ruth K Rev Tr
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
Varela Freddy M $425,000 None Listed On Document
Varela Freddy M $425,000 None Listed On Document
Ruth K Hill Revocable Trust -- Attorney
Hill Ruth K $269,500 --
Hill Ruth K Rev Tr $126,400 --
Hill Ruth K Rev Tr $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Varela Freddy M $0
Previous Owner Hill Ruth K $72,226
Previous Owner Hill Ruth K $123,000
Previous Owner Hill Ruth K $120,000
Previous Owner Hill Ruth K $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $425,000 0.0% $397 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $425,000 -- $397 / 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 $3,942 $515,069 -- --
2023 $3,942 $456,947 $0 $0
2022 $3,770 $443,638 $0 $0
2021 $3,844 $430,717 $297,146 $133,571
2020 $4,121 $423,578 $287,956 $135,622
2019 $4,170 $425,628 $287,956 $137,672
2018 $4,025 $401,182 $263,449 $137,733
2017 $3,879 $390,980 $0 $0
2016 $3,860 $388,001 $0 $0
2015 $3,658 $357,513 $0 $0
2014 $3,399 $302,145 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590002

Florida Keys Board of REALTORS®

APN: 00055320-000000