$675,000
SOLD JAN 28, 2021

1318 Duncan St Unit 1 Key West, FL 33040

Old Town Neighborhood
3 Beds
2 Baths
1,188 Sq Ft
$450/mo HOA Fee

Recently Sold

$568 Per Sq Ft

10% Below List Price

199 Days on Market

Highlights

  • In Ground Pool
  • Fruit Trees
  • Key West Architecture
  • 5,456 Sq Ft lot
  • Deck
  • 4-minute walk to Higgs Beach Dog Park

About This Home

As of January 2021

Come and see this beautiful historic 3-bedroom, 2-bath condo with inviting private outdoor space and a rare detached air-conditioned garage. Relax on your front porch, decked patio, or by the pool in the landscaped backyard shared with just three other units. This home features Dade county pine, an eat-in kitchen, outdoor shower, central A/C, ample storage, on-demand water heater, washer and dryer, and fruit trees.

Last Agent to Sell the Property

Victor Olson

Royal Palms Realty (KW) License #3411702 Listed on: 06/12/2020

Last Buyer's Agent

Bobby Coe

RE/MAX Keys Connection (KW) License #3428120

RE/MAX Keys Connection (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,622

Year Built

  • Built in 1943 | Remodeled

Lot Details

  • Sprinkler System
  • Fruit Trees

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,188 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Blinds
  • Sliding Doors
  • Storage

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Detached Garage
  • Off-Street Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00035360-000101

Community Details

Overview

  • Association fees include building insurance, common area mnt
  • 4 Units
  • Moffats Sub Subdivision
  • Rental Restrictions

Pet Policy

  • Pet Restriction: YES

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,622

Year Built

Built in 1943 | Remodeled

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: Yes
  • Association Fee: 450.00
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Building Insurance, Common Area Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3621.67
  • Vehicle Storage: Assigned Parking, Off Street Parking, Detached, Garage
  • Vehicle Storage Cars: 2
  • Year Built: 1943
  • Alternate Key Number: 9081243
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 5456.00
  • Pool Info: In Ground
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Shutters: Panel
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1188.00
  • Pre Wired: Cable, Cat 5
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Cabinets, Quartz Countertops, Storage, Smoke Alarms, Dade County Pine, Drapes/Blinds Incl
  • Floor Number: 1.00
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Disposal, Stainless Steel Appliance(s), Washer, Range, Refrigerator, Oven, Microwave, Freezer, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Single Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 3
  • Sq Ft Remarks: Square ft does not include 205 sq ft Garage

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fruit Tree(s), Sprinkler System, Rain Gutters, Outdoor Shower, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00035360-000101
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jan 28, 2021
Sold by
Witherow Matthew C and Witherow Jolie R
Bought by
Funston Joel E and Funston Stephanie
Seller's Agent
Victor Olson
Royal Palms Realty (KW)
Buyer's Agent
Bobby Coe
RE/MAX Keys Connection (KW)
List Price
$749,000
Sold Price
$675,000
Premium/Discount to List
-$74,000
-9.88%
Current Estimated Value
$957,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,232
Avg. Annual Appreciation
7.12%
Original Mortgage
$607,500
Outstanding Balance
$549,249
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$366,225

Purchase Details

Listed on
Aug 29, 2013
Closed on
Oct 28, 2013
Sold by
Deloach Management & Consulting Llc
Bought by
Witherow Matthew C and Witherow Jolie R
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Rudy Molinet
Marquis Properties Realty (KW)
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$356,250
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 29, 2011
Sold by
Mile 2 Llc
Bought by
Deloach Management & Consulting Llc

Purchase Details

Closed on
Jul 1, 2010
Sold by
Lofton Michael
Bought by
Mile 2 Llc

Purchase Details

Closed on
Feb 5, 2010
Sold by
Ocean Bank
Bought by
Lofton Michael

Purchase Details

Closed on
Apr 6, 2009
Sold by
Mckenzie John P
Bought by
Ocean Bank

Purchase Details

Closed on
Feb 4, 2005
Bought by
Witherow Matthew C and Witherow Jolie R
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 $675,000 Florida Title Professional
Warranty Deed $475,000 Attorney
Warranty Deed $325,000 Attorney
Quit Claim Deed -- Attorney
Special Warranty Deed $195,000 Attorney
Trustee Deed $1,500 None Available
Warranty Deed $1,700,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $252,000 New Conventional
Closed $130,000 New Conventional
Closed $40,380 Credit Line Revolving
Open $607,500 New Conventional
Previous Owner $356,250 Adjustable Rate Mortgage/ARM
Previous Owner $556,500 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $675,000 -3.4% $568 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
11/22/2020 11/22/20 Price Changed $699,000 -6.7% $588 / Sq Ft
06/12/2020 06/12/20 For Sale $749,000 +57.7% $630 / Sq Ft
10/28/2013 10/28/13 Sold $475,000 -4.8% $371 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
08/29/2013 08/29/13 For Sale $499,000 -- $390 / 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 $6,000 $661,791 -- $661,791
2023 $6,000 $661,791 $0 $661,791
2022 $5,480 $609,851 $0 $609,851
2021 $3,741 $418,994 $0 $418,994
2020 $3,678 $413,210 $0 $413,210
2019 $3,622 $403,920 $0 $403,920
2018 $2,456 $403,920 $0 $0
2017 $3,741 $403,920 $0 $0
2016 $3,933 $403,920 $0 $0
2015 $4,039 $403,920 $0 $0
2014 $4,187 $403,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Victor Olson

    Royal Palms Realty (KW)

    (305) 393-0608

    6 in this area

    9 Total Sales

    Victor Olson
    Section Image
  • Bobby Coe

    Buyer's Agent in 2021

    Bobby Coe

    RE/MAX

    (305) 363-9665

    40 in this area

    134 Total Sales

    Bobby Coe
    Section Image

  • B

    Buyer's Agent in 2021

    Bobby Coe IV

    Coastal Collection Real Estate Inc.

  • Terri Spottswood

    Seller's Agent in 2013

    Terri Spottswood

    Truman & Co. (KW)

    (305) 395-2360

    122 in this area

    346 Total Sales

    Terri Spottswood
    Section Image

  • R

    Buyer's Agent in 2013

    Rudy Molinet

    Marquis Properties Realty (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 591219

Florida Keys Board of REALTORS®

APN: 00035360-000101

Florida Monroe County Key West 33040 Old Town

1318 Duncan St Unit 1, Key West, FL

This home is located at 1318 Duncan St Unit 1, Key West, FL 33040 and is currently priced at $675,000, approximately $568 per square foot. This property was built in 1943. 1318 Duncan St Unit 1 is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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