NOT LISTED FOR SALE

Estimated Value: $3,897,000 - $5,364,000

4 Beds
3.5 Baths
3,369 Sq Ft
$1,392/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $1,950,000 $579 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $28,599/month

Highlights

  • Detached Guest House
  • 0.32 Acre Lot
  • Cathedral Ceiling
  • Heated In Ground Pool
  • Marble Flooring
  • Lanai

About This Home

As of May 2017

For Statistical Purposes Only

Last Agent to Sell the Property

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 05/26/2017

Co-Listed By

Team Spottswood/Vazquez

Truman & Co. (KW) Brokerage Phone: 305-587-3407

Last Buyer's Agent

Terri Spottswood

Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 05/26/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,228

Year Built

  • Built in 2004

Lot Details

  • 0.32 Acre Lot
  • Privacy Fence
  • Sprinkler System

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,369 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Some Wood Windows
  • Storage
  • Complete Roll Down Shutters

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Electric Gate
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Lanai
  • Exterior Lighting
  • Outdoor Storage

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • New Town Unlisted Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00040460-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,228

Year Built

Built in 2004

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
  • 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
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 26227.66
  • Title: Negotiable
  • Vehicle Storage: Covered Parking, Off Street Parking, Garage
  • Vehicle Storage Cars: 3
  • Year Built: 2004
  • Alternate Key Number: 1041173
  • Building Style: Other Bldg Style
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 13813.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Shutters: Other, Roll Down Manual
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 3369.00
  • Pre Wired: Surround Sound
  • Sewer Hook Up: Yes
  • Attribution Contact: 305-587-3407
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Walk-in Closet(s), Granite Counter Top, Cathedral Ceilings
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Range, Refrigerator, Oven, Gas Appliances, Dryer, Disposal
  • Floor: Marble, Wood
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Wood Windows
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction, Stucco, Other, Frame
  • Exterior Features: Detached Guest Qtrs, Storage, Sprinkler System, Privacy Wall/Fence, Lanai, Outdoor Shower, Lighting
  • Roof: Other Roof, Tile Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00040460-000000
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.32

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2017
Closed on
May 24, 2017
Sold by
Machala Edward W and Machala Kathleen A
Bought by
Darmante Dale T and Darmante Tara E
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Terri Spottswood
Truman & Co. (KW)
List Price
$1,950,000
Sold Price
$1,950,000
Total Days on Market
0
Current Estimated Value
$4,690,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,740,335
Avg. Annual Appreciation
11.56%
Original Mortgage
$950,000
Outstanding Balance
$777,496
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,912,839

Purchase Details

Closed on
Sep 30, 2009
Sold by
Demchak Michael and Demchak Laura
Bought by
Machala Edward W and Machala Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,060,000
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2003
Sold by
Lauramar Of Key West Inc
Bought by
Demchak Michael and Demchak Laura

Purchase Details

Closed on
Dec 31, 1997
Sold by
Bennett Stephen A and Plumb Harry L
Bought by
Laura Mar Of Key West Inc

Purchase Details

Closed on
May 6, 1996
Sold by
Biedermann Peter and Biedermann Doris
Bought by
Bennett Stephen A and Plumb Harry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,223
Interest Rate
7.77%

Purchase Details

Closed on
Jul 1, 1982
Bought by
Machala Edward W and Machala Kathleen A

Purchase Details

Closed on
Feb 1, 1977
Bought by
Machala Edward W and Machala Kathleen A
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
Darmante Dale T $1,950,000 Attorney
Machala Edward W $2,683,000 None Available
Demchak Michael $829,000 --
Laura Mar Of Key West Inc $370,000 --
Bennett Stephen A $252,200 --
Machala Edward W $125,000 --
Machala Edward W $66,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darmante Dale T $950,000
Previous Owner Machala Edward W $2,060,000
Previous Owner Markus Demchak Laura $250,000
Previous Owner Demchak Michael $1,038,537
Previous Owner Bennett Stephen A $210,223
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $1,950,000 0.0% $579 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/26/2017 05/26/17 For Sale $1,950,000 -- $579 / 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 $28,140 $3,451,356 -- --
2023 $28,140 $3,350,832 $0 $0
2022 $26,956 $3,253,235 $0 $0
2021 $27,731 $3,158,481 $788,999 $2,369,482
2020 $27,713 $3,124,704 $729,326 $2,395,378
2019 $27,642 $3,088,398 $788,999 $2,299,399
2018 $28,190 $3,083,189 $759,162 $2,324,027
2017 $28,095 $3,183,021 $0 $0
2016 $26,228 $2,657,216 $0 $0
2015 $27,351 $2,730,769 $0 $0
2014 $25,775 $2,439,511 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 575731

Florida Keys Board of REALTORS®

APN: 00040460-000000