NOT LISTED FOR SALE

Estimated Value: $869,000 - $965,000

2 Beds
1 Bath
1,071 Sq Ft
$854/Sq Ft Est. Value

Last Sold April 13, 2020

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

Est. 115% increase in value since last sale

Current estimated payment $5,161/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

The Behmke Group

Keller Williams Key West Compass Realty License #BK3386409 Listed on: 02/24/2020

Keller Williams Key West Compass Realty

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
The Behmke Group
Keller Williams Key West Compass Realty
Buyer's Agent
Terry Garcia
SBX Real Estate, LLC (KW)
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$914,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,988
Avg. Annual Appreciation
15.69%
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
The Behmke Group
Keller Williams Key West Compass Realty
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

Range of Values:

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Average Value
Not Available
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
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 $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