NOT LISTED FOR SALE

Estimated Value: $1,433,000 - $2,316,000

3 Beds
3 Baths
1,462 Sq Ft
$1,278/Sq Ft Est. Value

Last Sold January 28, 2020

Last sale price $1,220,000 $834 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $11,162/month

2 Days on Market

Highlights

  • Detached Guest House
  • Quartz Countertops
  • Stainless Steel Appliances
  • Concrete Pool
  • No HOA
  • 5-minute walk to Key West Nature Preserve

About This Home

As of January 2020

The property is under contract and back up offers will be entertained. Recently transformed into a modern masterpiece, the quality and high design style of this complete renovation is truly a rare find at this price point. Totaling 3 BR and 3 BA, your personal oasis is situated around an enticing 20 x 20 heated swimming pool and a separate 1 BR and 1 BA cottage offering the utmost in guest experiences. The main living area, dining, and kitchen are open and bright and flow to a fabulous covered outdoor living space. A sumptuous master suite also opens to outdoor living and has a wonderful bath with a private patio perfect for morning yoga or afternoon sunning. Luxurious fixtures and appliances, covered off street parking, an outdoor shower and impact glass . . .

Last Agent to Sell the Property

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 01/14/2020

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Scott Forman

ICAMCO Real Estate Inc. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,992

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 5,547 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Sprinkler System
  • Property is zoned MDR-1 - Medium Desnity Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,462 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Storage
  • Tile Flooring
  • Impact Glass

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Storage

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Separate Meters
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00061000-000000

Community Details

Overview

  • No Home Owners Association
  • Key West Investment Co Sub Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,992

Year Built

Built in 1958 | Remodeled

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
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Bike Paths, Other Area Features
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5992.00
  • Vehicle Storage: Covered Parking, Off Street Parking, Guest Parking
  • Year Built: 1958
  • Alternate Key Number: 1061425
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless, Central Air
  • Lot Sq Ft: 5547.00
  • Pool Info: Concrete, In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Patio
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1462.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Window Treatments, Quartz Countertops, Storage, Split Bedroom, Entrance Foyer
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Wine Cooler, Stainless Steel Appliance(s), Range, Refrigerator, Microwave, Gas Appliances, Dryer, Disposal
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Other
  • Windows/Doors: Impact Rstnce Doors, Impact Rstnce Window
  • Total Bedrooms: 3

Exterior Features

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

Utilities

  • Utilities: Cable Available, Water Separate Meter, Propane, FKAA, Municipal Sewer, Elect Separate Meter

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00061000-000000
  • Lot Size: 55 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Jan 28, 2020
Sold by
Mccloud and Pamela
Bought by
Butterfield Robert and Butterfield Ruth
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Scott Forman
ICAMCO Real Estate Inc. (KW)
List Price
$1,190,000
Sold Price
$1,220,000
Premium/Discount to List
$30,000
2.52%
Total Days on Market
2
Current Estimated Value
$1,867,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$647,940
Avg. Annual Appreciation
8.29%

Purchase Details

Listed on
Feb 3, 2014
Closed on
Mar 31, 2014
Sold by
Gilchrist Bryan S
Bought by
Mccloud James and Mccloud Pamela
Seller's Agent
Dean Townsend
Keller Williams Key West Compass Realty
Buyer's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$699,000
Sold Price
$705,000
Premium/Discount to List
$6,000
0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$458,250
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2010
Sold by
Oates Andrew F
Bought by
Gilchrest Bryan S

Purchase Details

Closed on
Dec 1, 1992
Bought by
Mccloud James and Mccloud Pamela

Purchase Details

Closed on
Aug 1, 1990
Bought by
Mccloud James and Mccloud Pamela

Purchase Details

Closed on
Jul 1, 1987
Bought by
Mccloud James and Mccloud Pamela

Purchase Details

Closed on
Jun 1, 1985
Bought by
Mccloud James and Mccloud Pamela

Purchase Details

Closed on
Jun 1, 1978
Bought by
Mccloud James and Mccloud Pamela
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
Butterfield Robert $1,220,000 None Listed On Document
Butterfield Robert $1,220,000 None Listed On Document
Mccloud James $705,000 Attorney
Gilchrest Bryan S $500,000 Attorney
Mccloud James $205,000 --
Mccloud James $240,000 --
Mccloud James $130,000 --
Mccloud James $76,000 --
Mccloud James $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccloud James $458,250
Closed Gilchrest Bryan S $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2020 01/28/20 Sold $1,220,000 +2.5% $834 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $1,190,000 +68.8% $814 / Sq Ft
04/01/2014 04/01/14 Sold $705,000 +0.9% $546 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $699,000 -- $541 / 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 $8,108 $983,859 -- --
2023 $8,108 $955,203 $0 $0
2022 $7,762 $927,382 $0 $0
2021 $7,956 $900,371 $383,409 $516,962
2020 $6,707 $785,558 $0 $0
2019 $6,241 $701,047 $428,672 $272,375
2018 $6,496 $716,117 $438,518 $277,599
2017 $6,984 $716,682 $0 $0
2016 $7,170 $695,942 $0 $0
2015 $7,204 $680,197 $0 $0
2014 $4,503 $434,262 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589162

Florida Keys Board of REALTORS®

APN: 00061000-000000