NOT LISTED FOR SALE

Estimated Value: $1,303,000 - $1,613,000

5 Beds
3 Baths
1,818 Sq Ft
$790/Sq Ft Est. Value

Last Sold May 08, 2013

Last sale price $480,000 $264 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $8,273/month

77 Days on Market

Highlights

  • Detached Guest House
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Tile Flooring
  • Outdoor Storage

About This Home

As of May 2013

Lovely duplex in Midtown Key West with two 2 bedroom/1 bath units and one studio guest cottage. Recent upgrades include new roof, A/C, large deck, exterior and interior paint. Off street parking for four or more vehicles. Call today to schedule a private showing!

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 01/09/2013

Co-Listed By

Lori Langton

Bascom Grooms Real Estate License #3087468

Last Buyer's Agent

Terri Spottswood

Prudential Knight Keyside Bran

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,825

Year Built

  • Built in 1933

Lot Details

  • 5,168 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,818 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Separate Meters

Additional Features

  • Outdoor Storage
  • Detached Guest House

Listing and Financial Details

  • Assessor Parcel Number 00041850-000000

Community Details

Overview

  • No Home Owners Association
  • Tropical Bldt & Investment Co Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,825

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Document Count: 1
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 2825.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1933
  • Alternate Key Number: 1042510
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 5168.00
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1818.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Drapes/Blinds Incl
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dryer, Washer, Oven, Refrigerator, Range
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Storage, Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00041850-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2013
Closed on
May 6, 2013
Sold by
Amelia Island Development Company Inc
Bought by
Dgk Key West Llc
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Terri Spottswood
Prudential Knight Keyside Bran
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Total Days on Market
77
Current Estimated Value
$1,436,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$956,993
Avg. Annual Appreciation
9.24%

Purchase Details

Listed on
Jan 9, 2013
Closed on
Apr 23, 2013
Sold by
U S 1031 Exchange Services Inc
Bought by
Amelia Island Development Company Inc
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Terri Spottswood
Prudential Knight Keyside Bran
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%

Purchase Details

Closed on
Dec 22, 2005
Sold by
Oregan Jeffrey
Bought by
Us 1031 and Amelia Island Development Co Inc

Purchase Details

Closed on
Jun 29, 2001
Bought by
Dgk Key West Llc

Purchase Details

Closed on
Feb 28, 2001
Bought by
Dgk Key West Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,372
Interest Rate
7.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 1998
Sold by
Avalo Aldo and Avalo Olga
Bought by
Vazquez Raymond and Vazquez Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.61%
Mortgage Type
Commercial
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
Dgk Key West Llc $480,000 Attorney
Dgk Key West Llc -- Attorney
Amelia Island Development Company Inc -- Attorney
Us 1031 $700,000 None Available
Dgk Key West Llc $352,500 --
Dgk Key West Llc $355,000 --
Vazquez Raymond $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vazquez Raymond $14,372
Previous Owner Vazquez Raymond $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2013 05/08/13 Sold $480,000 -3.8% $264 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $499,000 -- $274 / 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 $7,767 $1,123,255 $876,906 $246,349
2023 $7,767 $1,037,656 $799,916 $237,740
2022 $6,663 $810,173 $568,945 $241,228
2021 $5,925 $578,887 $375,817 $203,070
2020 $5,560 $558,008 $354,938 $203,070
2019 $5,306 $549,944 $341,088 $208,856
2018 $5,191 $565,757 $354,008 $211,749
2017 $5,032 $566,066 $0 $0
2016 $5,112 $587,188 $0 $0
2015 $4,559 $453,277 $0 $0
2014 $4,180 $298,531 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 117486

Florida Keys Board of REALTORS®

APN: 00041850-000000