NOT LISTED FOR SALE

Estimated Value: $1,022,271 - $1,170,000

2 Beds
1 Bath
912 Sq Ft
$1,193/Sq Ft Est. Value

Last Sold April 01, 2020

Last sale price $585,000 $641 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $6,225/month

10 Days on Market

Highlights

  • Deck
  • No HOA
  • 3-minute walk to Higgs Beach Dog Park
  • Wood Flooring
  • Central Air

About This Home

As of April 2020

Life cannot be more perfect than owning a charming Conch Cottage home in the heart of Old Town! Walk or bike to restaurants, Duval Street, Museums, and all that Old Town Key West has to offer. This 2 Bedroom 1 Bath home can be enjoyed as is, but it has the ability to add an extra large bedroom and bath in the huge attic space. The potential is huge! It has been a very successful rental property for the current owners. Give us a call to view this gem in person.

Last Agent to Sell the Property

Robert Cardenas

Ocean Sotheby's International Realty Listed on: 02/12/2020

Last Buyer's Agent

Dan Serban

Florida Keys Realty Group, LLC (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,292

Year Built

  • Built in 1938

Lot Details

  • 2,534 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 912 Sq Ft Home
  • Single Hung Windows
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Island City Sub Subdivision

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00034120-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,292

Year Built

Built in 1938

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
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 4291.67
  • Title: Negotiable
  • Year Built: 1938
  • Alternate Key Number: 1035033
  • Cooling Heating: Central Air
  • Lot Sq Ft: 2534.00
  • Porch Balcony: Deck
  • License Info Number Of City License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 912.00
  • 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: Range, Refrigerator
  • Floor: Wood
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00034120-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2023
Sold by
Warmouth Mark Douglas
Bought by
Restated Mark D and Restated Revocable
Current Estimated Value
$1,088,318

Purchase Details

Listed on
Feb 12, 2020
Closed on
Apr 1, 2020
Sold by
1309 Eliza Llc
Bought by
Warmouth Mark Douglas
Seller's Agent
Robert Cardenas
Ocean Sotheby's International Realty
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$595,000
Sold Price
$585,000
Premium/Discount to List
-$10,000
-1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.11%

Purchase Details

Closed on
Jan 28, 2005
Sold by
Reynolds Craig and Booton Marjorie Holly
Bought by
1309 Eliza Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,800
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2001
Sold by
David Cannella M and Lynn Cannella M
Bought by
Reynolds Craig and Booton Marjorie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1982
Bought by
1309 Eliza Llc

Purchase Details

Closed on
Feb 1, 1977
Bought by
1309 Eliza Llc
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
Restated Mark D -- --
Warmouth Mark Douglas $585,000 Attorney
1309 Eliza Llc $712,000 --
Reynolds Craig $270,000 --
1309 Eliza Llc $60,000 --
1309 Eliza Llc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1309 Eliza Llc $640,800
Previous Owner Reynolds Craig $200,000
Previous Owner Reynolds Craig $50,000
Previous Owner Reynolds Craig $216,500
Previous Owner Reynolds Craig $30,000
Previous Owner Reynolds Craig $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $585,000 -1.7% $641 / Sq Ft
02/12/2020 02/12/20 For Sale $595,000 -- $652 / 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 $2,565 $300,997 -- --
2023 $2,565 $292,231 $0 $0
2022 $2,450 $283,720 $0 $0
2021 $2,484 $275,457 $0 $0
2020 $4,668 $497,922 $271,138 $226,784
2019 $4,292 $446,179 $319,943 $126,236
2018 $4,342 $504,807 $393,150 $111,657
2017 $4,034 $456,236 $0 $0
2016 $3,818 $394,015 $0 $0
2015 $3,498 $329,048 $0 $0
2014 $3,227 $270,272 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589879

Florida Keys Board of REALTORS®

APN: 00034120-000000