NOT LISTED FOR SALE

Estimated Value: $1,360,814 - $1,729,000

6 Beds
5 Baths
1,964 Sq Ft
$823/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $1,350,000 $687 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,573/month

9 Days on Market

Highlights

  • Beach
  • Fruit Trees
  • No HOA
  • Spa
  • Outdoor Kitchen
  • Stainless Steel Appliances

About This Home

As of May 2022

This four unit property is only 3 blocks to the beach and in biking distance to everything. Great investment opportunity, or live in one unit and rent the other three out. 3 BD/2 BA with large outdoor living area and outdoor kitchen. Large 1 BD/1 BA with covered outdoor area and two efficiencies. Five off street parking spots in front. Monthly income is $10,715.

Last Agent to Sell the Property

Sean Farrer, P.A.

Coastline R.E. & Property Mgmt. (KW) Listed on: 03/03/2022

Co-Listed By

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105

Last Buyer's Agent

Howard Leitner

Florida Keys International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 1958

Lot Details

  • 4,840 Sq Ft Lot
  • Fenced
  • Fruit Trees

Home Design

  • Metal Roof

Interior Spaces

  • 1,964 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Skylights
  • Blinds
  • Storage

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Kitchen
  • Outdoor Storage

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00063160-000000

Community Details

Overview

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

Recreation

  • Beach
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,754

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3753.80
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1958
  • Alternate Key Number: 1063584
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s), Central Air
  • Lot Sq Ft: 4840.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Accordion
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1964.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Sky Light(s), Storage, Split Bedroom, Smoke Alarms
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Dryer, Washer, Oven, Stainless Steel Appliance(s), Refrigerator, Range, Microwave, Gas Appliances
  • Floor: Carpet, Tile
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 6

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Storage, Outdoor Kitchen, Outdoor Shower, Hot Tub, Fruit Tree(s)
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Water Separate Meter, Propane, Municipal Sewer, Elect Separate Meter, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00063160-000000
  • Lot Size: 52.34 x 92.5
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially, Unfurnished

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Apr 26, 2022
Sold by
Jill Wolfe
Bought by
Dorr Ted Allen and Paglia Deanna Christine
Seller's Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
Buyer's Agent
Howard Leitner
Florida Keys International Realty
List Price
$1,325,000
Sold Price
$1,350,000
Premium/Discount to List
$25,000
1.89%
Current Estimated Value
$1,615,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,454
Avg. Annual Appreciation
5.23%

Purchase Details

Closed on
May 23, 2005
Sold by
Wolfe Jill K and Herbst Jeffrey A
Bought by
Wolfe Jill

Purchase Details

Closed on
Jan 8, 2001
Sold by
Foster Max E and Foster Evelyn
Bought by
Wolfe Jill K and Herbert Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1974
Bought by
Wolfe Jill
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Dorr Ted Allen $1,350,000 New Title Company Name
Wolfe Jill -- --
Wolfe Jill K $268,000 --
Wolfe Jill $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolfe Jill K $207,950
Previous Owner Newbery Jorge A $220,000
Previous Owner Wolfe Jill K $40,000
Previous Owner Wolfe Jill K $200,000
Previous Owner Wolfe Jill K $80,000
Previous Owner Wolfe Jill K $250,000
Previous Owner Wolfe Jill K $214,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2022 05/03/22 Sold $1,350,000 +1.9% $687 / Sq Ft
03/03/2022 03/03/22 For Sale $1,325,000 -- $675 / 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 $7,508 $841,625 $449,733 $391,892
2023 $7,508 $827,584 $440,440 $387,144
2022 $3,950 $443,823 $0 $0
2021 $3,754 $371,596 $0 $0
2020 $3,683 $369,732 $0 $0
2019 $3,528 $347,379 $0 $0
2018 $3,503 $354,194 $0 $0
2017 $3,378 $329,809 $0 $0
2016 $3,391 $320,672 $0 $0
2015 $3,346 $300,649 $0 $0
2014 $3,289 $277,281 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 599938

Florida Keys Board of REALTORS®

APN: 00063160-000000