NOT LISTED FOR SALE

Estimated Value: $1,087,461 - $1,465,000

3 Beds
2.5 Baths
2,107 Sq Ft
$609/Sq Ft Est. Value

Last Sold December 18, 2017

Last sale price $660,000 $313 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,885/month

102 Days on Market

Highlights

  • Balcony
  • Tile Flooring
  • Central Air
  • Patio
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of December 2017

NEW PRICE! This Cape Cod style home in the heart of Key West is ready for your updates. This home offers tall elegant ceilings throughout. There is a spacious kitchen with ample cabinet space, formal dining room, living room, and the side porch would make an ideal home office or den. The main level also offers two spacious bedrooms. The upper level has an in-law unit with separate entrance and tree top views. Property offers an oversized patio, laundry room, and off street parking. There is plenty of room for a pool and gardens. Two units per City of KW.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 07/24/2017

Last Buyer's Agent

Lezlie Roark

Truman & Co. (KW) License #3265813

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,065

Year Built

  • Built in 1953

Lot Details

  • 7,260 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 2,107 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00060160-000000

Community Details

Overview

  • Property has a Home Owners Association
  • Land Buyers Assn Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,065

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: Yes
  • Document Count: 2
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 6064.99
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 3
  • Year Built: 1953
  • Alternate Key Number: 1060623
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Heat Pump, Central Air
  • Lot Sq Ft: 7260.00
  • Porch Balcony: Open Porch/Balcony, Roof Top Deck, Patio
  • Association Info Condo Docs: No
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2107.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Refrigerator, Oven
  • Floor: Carpet, Tile, Combo
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Storage
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00060160-000000
  • Lot Size: 82.5x88
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Schmit Christopher James and Merry Elizabeth Ann
Bought by
Schmit Christopher James and Merry Elizabeth Ann
Total Days on Market
102
Current Estimated Value
$1,282,365

Purchase Details

Listed on
Jul 24, 2017
Closed on
Dec 18, 2017
Sold by
Jea Real Estate Llc
Bought by
Schmit Christopher and Merry Elizabeth A
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Lezlie Roark
Truman & Co. (KW)
List Price
$695,000
Sold Price
$660,000
Premium/Discount to List
-$35,000
-5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Original Mortgage
$594,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2014
Sold by
Hodge Jan and Koelling Jeanne L
Bought by
Hodge Jan E and Jan E Hodge Gift Trust

Purchase Details

Closed on
Aug 19, 1996
Sold by
Koelling Jeanne L and Koelling H D
Bought by
Hodge Jan

Purchase Details

Closed on
Jul 22, 1996
Sold by
Koelling Investment Company and Dean H
Bought by
Koeling H Dean and Koelling Jeanne L

Purchase Details

Closed on
Feb 1, 1972
Bought by
Jea Real Estate Llc
Source: Public Records

Similar Homes in Key West, FL

  • 806 Pearl St, Key West, FL 33040

    $1,199,000

    • 4 Beds
    • 3 Baths
    • 1,504 Sq Ft
    • 806 Pearl St
    • Key West, FL

    Unleash your vision and step into endless possibilities with this two-story duplex, a blank canvas located in the prestigious Meadows neighborhood of Key West. Packed with potential, this diamond in the rough is perfect for investors, developers, or dreamers looking to craft their masterpiece in one of Key West's most desirable areas. The property is a blank slate for your imagination to design

    Lisa Ferringo Coldwell Banker Schmitt Lower Keys (KW)

    Section Image
  • 2513 Staples Ave, Key West, FL 33040

    $949,000

    • 4 Beds
    • 2 Baths
    • 1,224 Sq Ft
    • 2513 Staples Ave
    • Key West, FL

    TWO MORE DAYS ON THE MARKET UNTIL IT IS TAKEN OFF COMPLETELY! Get this high income producing, 100k per year with low expenses, fully renovated duplex in Midtown Key West. This property offers flexibility for use as a vacation home, primary residence, or investment opportunity with a HIGH ROI. This duplex is a proven income generator, with detailed financial records available. The property

    Everett Watkins Keller Williams Key West Compass Realty

    Section Image
  • 1412 Johnson St, Key West, FL 33040

    $1,270,000

    • 4 Beds
    • 2 Baths
    • 1,777 Sq Ft
    • 1412 Johnson St
    • Key West, FL

    This bright and welcoming 4-bedroom, 2-bath ranch-style home sits on a huge 7,040 sq ft lot, offering incredible potential to expand the existing home or start from scratch & build your new home. Nestled in a sought-after neighborhood near Casa Marina, the home is bathed in natural light from oversized windows, creating a warm and inviting atmosphere. The open layout includes a spacious family

    Terri Spottswood Truman & Co. (KW)

    Section Image
  • 1408 Johnson St Unit A & B, Key West, FL 33040

    $1,345,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 1408 Johnson St
    • Unit A & B
    • Key West, FL

    Legal Duplex in Prime Key West Location! This thoughtfully updated CBS duplex offers a unique opportunity for multi-family living, employee housing, or generating rental income. Unit A features 2 bedrooms, 1 bath and a private entrance leading to a lushly landscaped yard with an outdoor shower, a clawfoot tub, irrigation and a mature mango tree. Each bedroom has an option for a private

    Megan Mcdowell eXp Realty LLC

    Section Image
  • 1327 Duncan St, Key West, FL 33040

    $1,500,000

    • 4 Beds
    • 2 Baths
    • 2,019 Sq Ft
    • 1327 Duncan St
    • Key West, FL

    Are you ready to build??? after talking with City Planning the new owner will be able to possibly renovate the main house and build a second new house Buyer to verify...Make your offer today.Welcome to 1327 Duncan Street, this property offers a 3 bedroom 1 bath single-family home plus a separate 1 bedroom 1 bath cottage with fenced in yard, laundry area, central air condition. The main

    Barbara Crespo Keller Williams Key West Compass Realty

    Section Image
  • 1916 Seidenberg Ave, Key West, FL 33040

    $1,169,900

    • 6 Beds
    • 2 Baths
    • 1,694 Sq Ft
    • 1916 Seidenberg Ave
    • Key West, FL

    Duplex with Solid Rent Roll ($91,800/year) - This income-producing duplex features 2 well-maintained units, each offering 3 bedrooms and 1 bathrooms. Units are rented for $3,850 and $3,800 per month on long-term leases ($91,800/year). Perfectly positioned near the coast and only a short ride from the energy of downtown.

    Kayley Arn Coldwell Banker Realty - Aventura

    Section Image
  • 1312 Catherine St, Key West, FL 33040

    $980,000

    • 2 Beds
    • 2 Baths
    • 1,095 Sq Ft
    • 1312 Catherine St
    • Key West, FL

    This charming duplex has much to offer. A great location, two very nice one bedroom, one bath units, each with their own entry and outdoor space and it's in move in condition. The first floor features a primary bedroom with Dade Pine walls and a large closet. The kitchen/living/dining area opens to the private exterior deck. Upstairs the 1/1 has high ceilings and natural light. It has a porch in

    Laura McChesney Preferred Properties (KW)

    Section Image
  • 1210 Virginia St, Key West, FL 33040

    $1,149,000

    • 3 Beds
    • 3 Baths
    • 1,740 Sq Ft
    • 1210 Virginia St
    • Key West, FL

    Currently this is a two-story duplex in the popular Bayview Park neighborhood in Old Town. It could be converted back to the original single-family home. There are a total of three bedrooms and 2.5 baths. As currently configured, the first floor has 2 bedrooms,1.5 baths and features 9.5-foot ceilings, doors with transom windows, and hardwood floors. French doors open to the rear yard and porch.

    The Behmke Group Keller Williams Key West Compass Realty

    Section Image
  • 1215 Bay St, Key West, FL 33040

    $1,249,000

    • 4 Beds
    • 3 Baths
    • 1,740 Sq Ft
    • 1215 Bay St
    • Key West, FL

    This charming four-bedroom, three-bathroom duplex is a rare find, nestled on a generous 7,500 sq. ft. lot that provides plenty of room for relaxation, gardening, or entertaining. Surrounded by lush foliage, the property offers a serene sense of privacy and seclusion, making it a perfect retreat. Centrally located, you'll enjoy easy access to shopping, dining, and the beach, with Old Town Key West

    Justyn Ewald Expert Realty LLC (HQ)

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schmit Christopher James -- Attorney
Schmit Christopher $660,000 Attorney
Hodge Jan E -- Attorney
Jea Real Estate Lc -- Attorney
Hodge Jan E -- Attorney
Hodge Jan $100 --
Koeling H Dean $100 --
Jea Real Estate Llc $16,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schmit Christopher $485,000
Closed Schmit Christopher $485,000
Closed Schmit Christopher $594,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2017 12/18/17 Sold $660,000 -5.0% $313 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $695,000 -- $330 / 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 $8,230 $1,269,064 $1,024,531 $244,533
2023 $8,230 $1,130,351 $934,580 $195,771
2022 $6,992 $863,539 $664,726 $198,813
2021 $6,183 $608,335 $439,085 $169,250
2020 $5,943 $583,941 $414,691 $169,250
2019 $5,773 $559,957 $388,120 $171,837
2018 $6,043 $579,631 $407,794 $171,837
2017 $5,992 $590,608 $0 $0
2016 $6,065 $615,371 $0 $0
2015 $5,359 $453,089 $0 $0
2014 $3,787 $283,935 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 576421

Florida Keys Board of REALTORS®

APN: 00060160-000000