$460,000
SOLD MAY 17, 2018
2 Beds
2 Baths
962 Sq Ft
2,453 Sq Ft Lot

Recently Sold

$478 Per Sq Ft

6% Below List Price

115 Days on Market

Highlights

  • Beach
  • Deck
  • Balcony
  • Tennis Courts
  • No HOA
  • 4-minute walk to Bayview Park

About This Home

As of November 2021

Break into the hot Key West real estate market with this charming Old Town income cottage. The 962sf, long-term rental is currently configured with a spacious living room, kitchen, bedroom and bath in the front and a one-bedroom in-law suite in the back. With its quintessential front porch, bricked off-street parking, large covered deck, and desirable location, this priced to sell island home is not to be missed.

Last Agent to Sell the Property

Dean Townsend

Keller Williams Key West Compass Realty License #3051198 Listed on: 01/20/2018

Keller Williams Key West Compass Realty

Last Buyer's Agent

Joseph Carty

Truman & Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,560

Year Built

  • Built in 1933

Lot Details

  • 2,453 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 962 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Some Wood Windows
  • Fire and Smoke Detector

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Tennis Courts
  • Balcony
  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00034230-000000

Community Details

Overview

  • No Home Owners Association
  • Island City Sub Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,560

Year Built

Built in 1933

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
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Tennis Courts
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 3560.15
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1933
  • Alternate Key Number: 1035157
  • Building Style: Cigar Maker
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 2453.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 962.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Smoke Alarms, Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Dryer
  • Floor: Carpet, Tile
  • Windows/Doors: Wood Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Outdoor Shower
  • Roof: Metal Roof, Other Roof
  • Waterview: No Waterview

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00034230-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Nov 27, 2021
Sold by
Lynch William
Bought by
Massicotte Christopher
Seller's Agent
Suzanne Moore
Truman & Co. (KW)
Buyer's Agent
John Zaharakis
Century 21 Schwartz Realty (KW)
List Price
$775,000
Sold Price
$705,000
Premium/Discount to List
-$70,000
-9.03%
Current Estimated Value
$1,085,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,256
Avg. Annual Appreciation
12.93%

Purchase Details

Closed on
Feb 6, 2020
Sold by
B & D Keys Property Management Llc
Bought by
Lynch William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2020
Sold by
B & D Keys Property Management Llc
Bought by
Lynch William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2018
Closed on
May 22, 2018
Sold by
Beaver Larry T and Beaver Pamela K
Bought by
B & D Keys Property Management L
Seller's Agent
Dean Townsend
Keller Williams Key West Compass Realty
Buyer's Agent
Joseph Carty
Truman & Co. (KW)
List Price
$489,000
Sold Price
$460,000
Premium/Discount to List
-$29,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%
Original Mortgage
$322,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2012
Sold by
Wheelan Maxine Wilma
Bought by
Beaver Larry T and Beaver Pamela K

Purchase Details

Closed on
Jan 16, 2009
Sold by
Brecker Adeline
Bought by
Wheelan Maxine Wilma

Purchase Details

Closed on
Jun 5, 2001
Sold by
Owen R Brecker M and Adeline M Brecker M
Bought by
Hover Earl J and Hover Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
7.11%
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 $705,000 Ocean Sands Title Svcs Inc
Warranty Deed $315,893 --
Warranty Deed $315,893 Attorney
Warranty Deed $460,000 None Listed On Document
Trustee Deed -- None Available
Warranty Deed $225,000 Chicago Title Of Fl Keys Inc
Warranty Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $483,750 New Conventional
Previous Owner $483,750 New Conventional
Previous Owner $322,000 New Conventional
Previous Owner $10,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $705,000 -9.0% $733 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $775,000 +68.5% $806 / Sq Ft
05/17/2018 05/17/18 Sold $460,000 -5.9% $478 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
01/20/2018 01/20/18 For Sale $489,000 -- $508 / 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 $6,646 $811,252 $609,325 $201,927
2023 $6,646 $833,708 $643,765 $189,943
2022 $5,615 $626,274 $431,826 $194,448
2021 $3,751 $379,466 $238,432 $141,034
2020 $3,751 $381,175 $238,432 $142,743
2019 $3,894 $394,318 $281,349 $112,969
2018 $4,097 $491,653 $384,140 $107,513
2017 $3,799 $442,196 $0 $0
2016 $3,560 $372,550 $0 $0
2015 $3,252 $308,093 $0 $0
2014 $2,974 $245,948 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 578341

Florida Keys Board of REALTORS®

APN: 00034230-000000