NOT LISTED FOR SALE

1603 Flagler Ave Unit A&B Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $967,456 - $1,303,000

2 Beds
2 Baths
1,080 Sq Ft
$1,045/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $740,000 $685 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,758/month

5 Days on Market

Highlights

  • Deck
  • Balcony
  • Bar
  • No HOA
  • Some Wood Windows
  • Tile Flooring

About This Home

As of July 2021

Adorable Legal Duplex with with a large 5,141 SF lot. Two separate, recently updated 1BD/1BA units. Units are a mirror image with a couple of small differences. Great investment or opportunity to live in one and subsidize most of your mortgage with the second unit. Each unit has their own private back and side patio areas and possibly even room for small pool on one side. The second yard has a large outdoor kitchen area with with a cook top bar. Both units have desirable off-street parking. Great location, only a couple blocks from Old Town and close to beaches. This is not a drive by, schedule a showing today.

Last Agent to Sell the Property

Derek Epperly

Keys Atlantic Realty License #3313232 Listed on: 05/25/2021

Last Buyer's Agent

Caroline Bauer

Ocean Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,423

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 5,141 Sq Ft Lot

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • Bar
  • Some Wood Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Range<<rangeHoodToken>>
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport
  • Assigned Parking

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00042410-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Nuevo Progresso Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,423

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: Other
  • Financial Status Bank Owned: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4422.63
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Carport
  • Vehicle Storage Cars: 2
  • Year Built: 1953
  • Alternate Key Number: 1043052
  • Cooling Heating: Ductless, Wall/Window Unit(s)
  • Lot Sq Ft: 5141.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • License Info Number Of City License: YES
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1080.00
  • Pre Wired: Cable
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Cabinets, Other, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Gas Appliances, Washer, Refrigerator, Range
  • Floor: Tile
  • Windows/Doors: Wood Windows
  • Total Bedrooms: 2
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Bar
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Cable Available, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00042410-000000
  • Land Size: More than 1 Lot
  • Acres: 0.12

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 29, 2021
Sold by
1603 Flagler Llc
Bought by
Bertling Samuel J
Seller's Agent
Derek Epperly
Keys Atlantic Realty
Buyer's Agent
Caroline Bauer
Ocean Sotheby's International Realty
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%
Current Estimated Value
$1,128,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,614
Avg. Annual Appreciation
9.04%
Original Mortgage
$629,000
Outstanding Balance
$585,558
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$456,763

Purchase Details

Closed on
Jan 1, 2015
Sold by
Onderdonk Gary R and Onderdonk Diane M
Bought by
1603 Flagler Llc

Purchase Details

Closed on
Feb 11, 2011
Sold by
Us Bank National Association
Bought by
Onderdonk Gary and Onderdonk Diane

Purchase Details

Closed on
Mar 22, 2010
Sold by
Watkins H Everett
Bought by
Us Bank National Association

Purchase Details

Closed on
Feb 28, 2008
Sold by
Independent Mortgage & Finance Co Inc
Bought by
Boswell William H and Boswell Eileen A

Purchase Details

Closed on
Feb 22, 2008
Sold by
Watkins H Everett
Bought by
Independent Mortgage & Finance Co Inc

Purchase Details

Closed on
Feb 12, 2008
Sold by
Watkins H Everett
Bought by
Independent Mortgage & Finance Co Inc

Purchase Details

Closed on
Aug 3, 1998
Sold by
Dick Howard M and Rodriguez Jose M
Bought by
Watkins H E
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
Bertling Samuel J $740,000 Attorney
1603 Flagler Llc $261,000 None Available
Onderdonk Gary $244,000 Rels Title
Us Bank National Association -- Attorney
Boswell William H $50,000 None Available
Independent Mortgage & Finance Co Inc -- None Available
Independent Mortgage & Finance Co Inc -- None Available
Watkins H E $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bertling Samuel J $629,000
Previous Owner Shaffer Scott $266,250
Previous Owner Onderdonk Gary R $183,000
Previous Owner Watkins H Everett $150,000
Previous Owner Watkins H Everett $590,000
Previous Owner Watkins H Everett $120,000
Previous Owner Watkins H Everett $140,000
Previous Owner Watkins H E $100,000
Previous Owner Watkins H Everett $325,000
Previous Owner Watkins H E $10,000
Previous Owner Watkins H E $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $740,000 -1.2% $685 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $749,000 -- $694 / 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 $6,305 $722,189 -- --
2023 $6,305 $683,690 $0 $0
2022 $6,033 $663,777 $452,778 $210,999
2021 $4,624 $430,384 $299,083 $131,301
2020 $4,423 $409,830 $282,467 $127,363
2019 $4,369 $400,777 $271,445 $129,332
2018 $4,524 $411,059 $281,727 $129,332
2017 $4,590 $410,972 $0 $0
2016 $4,909 $421,400 $0 $0
2015 $3,615 $356,701 $0 $0
2014 $3,055 $213,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Derek Epperly

    Seller's Agent in 2021

    Derek Epperly

    Keys Atlantic Realty

    (305) 923-4833

    13 in this area

    49 Total Sales

    Derek Epperly
    Section Image

  • C

    Buyer's Agent in 2021

    Caroline Bauer

    Ocean Sotheby's International Realty

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596233

Florida Keys Board of REALTORS®

APN: 00042410-000000

Florida Monroe County Key West 33040 Mid Town

1603 Flagler Ave Unit A&B, Key West, FL

This home is located at 1603 Flagler Ave Unit A&B, Key West, FL 33040 since 25 May 2021 and is currently estimated at $1,128,614, approximately $1,045 per square foot. This property was built in 1953. 1603 Flagler Ave Unit A&B is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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