$475,000
SOLD OCT 28, 2013

1318 Duncan St Unit 1 Key West, FL 33040

Old Town Neighborhood
3 Beds
2 Baths
1,281 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$371 Per Sq Ft

5% Below List Price

56 Days on Market

Highlights

  • Concrete Pool
  • Key West Architecture
  • No HOA
  • 0.13 Acre Lot
  • Wood Flooring
  • 4-minute walk to Higgs Beach Dog Park

About This Home

As of January 2021

Wonderful historic 3 bedroom, 2 bath Conch house condo in beautiful shape. Renovated and charming, this home has its own garage and a large private patio off its living area to lounge and entertain in with a brand new indoor/outdoor TV included. Enjoy ground floor living and no stairs! Relax on your own front porch, private patio or the pool in the back yard share by all 4 units. Nice corner location, hardwood floors, eat-in kitchen, central a/c, washer and dryer.

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 08/29/2013

Last Buyer's Agent

Rudy Molinet

Marquis Properties Realty (KW)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,947

Year Built

  • Built in 1943

Lot Details

  • Privacy Fence
  • Fenced

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,281 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • French Doors
  • Workshop
  • Storage
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Patio
  • Shed

Utilities

  • Heat Pump System
  • Separate Meters

Community Details

Overview

  • No Home Owners Association
  • Association fees include bldg exterior mnt, common area mnt, building insurance
  • Old Town Unrecord Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,947

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 455.00
  • Mandatory HOA: No
  • Fee Includes: Bldg Exterior Mnt, Other, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 2947.00
  • Title: Negotiable
  • Vehicle Storage: Garage, Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1943
  • Alternate Key Number: 9081243
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat Pump
  • Lot Sq Ft: 5456.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Patio
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1281.00
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Split Bedroom, Storage
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Washer, Range, Refrigerator, Microwave, Oven, Dryer, Disposal
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Shed, Privacy Wall/Fence
  • 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: x500
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2012

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
$962,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,898
Avg. Annual Appreciation
8.35%
Original Mortgage
$607,500
Outstanding Balance
$544,303
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$435,686

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

Range of Values:

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Average Value
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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 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

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 118497

Florida Keys Board of REALTORS®

APN: 00035360-000101