NOT LISTED FOR SALE

Estimated Value: $863,162 - $968,000

4 Beds
2 Baths
1,513 Sq Ft
$607/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $371,000 $245 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $5,557/month

86 Days on Market

Highlights

  • No HOA
  • Patio
  • Tile Flooring
  • Walk-In Closet
  • Laundry Room
  • 3-minute walk to The Park

About This Home

As of April 2015

Ideal opportunity to purchase a bank owned 4Br/2Bath home in Key West. Central AC in front area and wall units in rear. 3 bedrooms have walk-in closets. Rear yards is very large and will accommodate a nice sized pool. Wall of sliders gives a good view of rear yard and covered patio. Bank will credit Buyer $2000 for appliances. Tiled floors, front roof is metal and rear roof appears to be rolled roofing. Clean and ready to buy, average condition, not dilapidated. Great location in New Town, close to shopping centers, movies, retail stores and restaurants. Easy to see.

Last Agent to Sell the Property

Margarita Villoch

Island Group Realty Listed on: 01/17/2015

Last Buyer's Agent

Jason Barroso

Century 21 All Keys Inc (KW) License #657307

Century 21 All Keys Inc (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,668

Year Built

  • Built in 1963

Lot Details

  • 5,700 Sq Ft Lot
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 1,513 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Tile Flooring
  • Laundry Room

Kitchen

  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Off-Street Parking

Utilities

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

Additional Features

  • Patio
  • Ground Level

Community Details

  • No Home Owners Association
  • Pearlman Est 1St Add Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,668

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • 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: Yes
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Selling Info: $6,000 Seller Concession
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 1668.00
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1963
  • Alternate Key Number: 105571
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 5700.00
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 1513.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Sliding Glass Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing
  • Roof: Combo Roof, Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Lot Size: 57x100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2015
Closed on
Apr 16, 2015
Sold by
Ob Florida Rre Holdings Llc
Bought by
Francis Joseph T and Francis Joanne M
Seller's Agent
Margarita Villoch
Island Group Realty
Buyer's Agent
Jason Barroso
Century 21 All Keys Inc (KW)
List Price
$475,000
Sold Price
$371,000
Premium/Discount to List
-$104,000
-21.89%
Total Days on Market
86
Current Estimated Value
$919,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,041
Avg. Annual Appreciation
10.64%
Original Mortgage
$343,406
Outstanding Balance
$267,415
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$765,602

Purchase Details

Closed on
Aug 28, 2014
Sold by
Williams David and Williams Louanna
Bought by
Ob Florida Rre Holdings Llc

Purchase Details

Closed on
Jun 6, 2014
Sold by
Williams David and Williams Louanna
Bought by
Cb Florida Rre Holdings Llc

Purchase Details

Closed on
May 20, 2014
Sold by
Williams David and Williams Louanna
Bought by
Cb Florida Rre Holdings Llc

Purchase Details

Closed on
Apr 26, 2005
Sold by
Auster Alexander
Bought by
Williams David and Williams Louanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,950
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1985
Bought by
Francis Joseph T

Purchase Details

Closed on
Dec 1, 1977
Bought by
Francis Joseph T
Source: Public Records

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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
Francis Joseph T $375,000 None Available
Ob Florida Rre Holdings Llc -- None Available
Cb Florida Rre Holdings Llc -- None Available
Cb Florida Rre Holdings Llc -- None Available
Williams David $655,000 First American Title Ins Co
Francis Joseph T $70,000 --
Francis Joseph T $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Francis Joseph T $14,186
Open Francis Joseph T $343,406
Previous Owner Williams David $582,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2015 04/15/15 Sold $371,000 -21.9% $245 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
01/17/2015 01/17/15 For Sale $475,000 -- $314 / 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 $4,944 $644,678 -- --
2023 $4,944 $631,614 $0 $0
2022 $4,506 $568,323 $0 $0
2021 $4,285 $481,086 $0 $0
2020 $4,142 $466,319 $0 $0
2019 $4,137 $462,409 $0 $0
2018 $4,091 $449,166 $0 $0
2017 $4,073 $440,126 $0 $0
2016 $4,081 $419,156 $0 $0
2015 $4,371 $396,155 $0 $0
2014 $3,929 $339,836 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 120965

Florida Keys Board of REALTORS®

APN: 00055120-000000