$939,000
SOLD OCT 7, 2022
-- Bed
-- Bath
1,538 Sq Ft
4,558 Sq Ft Lot

Recently Sold

$611 Per Sq Ft

6% Below List Price

2 Days on Market

Highlights

  • Beach
  • No HOA
  • Bike Trail
  • Tennis Courts

About This Home

As of October 2022

Build the home of your dreams in the highly desirable Midtown neighborhood of Key West, FL. This vacant 4,558SF lot with a build back letter from the City of Key West in hand is ready for you to create the home of your dreams. Biking distance to the island's best beaches, restaurants, and attractions! Very easy to show. Owner is a Florida Licensed Realtor.

Last Agent to Sell the Property

Team Kaufelt

Truman & Co. (KW) License #00000 Listed on: 08/19/2022

Last Buyer's Agent

Richard Patten

Your Keys Real Estate, LLC License #3443217

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,045

Year Built

  • Built in 1958

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Tennis Courts
  • 4,558 Sq Ft Lot

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00042880-000000

Community Details

Overview

  • No Home Owners Association
  • Monroe Investement Co Sub Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Property Type

Other

Est. Annual Taxes

$5,045

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: PreConstruction
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 2
  • 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
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Other Area Features, Tennis Courts, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 5044.64
  • Title: Negotiable
  • Year Built: 1958
  • Alternate Key Number: 1043516
  • Lot Sq Ft: 4558.00
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Other
  • Waterview: No Waterview
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00042880-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 7, 2022
Sold by
Kaufelt Jackson
Bought by
Key Colony Homes Llc
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Richard Patten
Your Keys Real Estate, LLC
List Price
$999,000
Sold Price
$939,000
Premium/Discount to List
-$60,000
-6.01%
Total Days on Market
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.72%

Purchase Details

Listed on
Mar 3, 2022
Closed on
Apr 4, 2022
Sold by
King Peter J and King Monnie O
Bought by
Kaufelt Jackson
Seller's Agent
Roger Emmons
Truman & Co. (KW)
Buyer's Agent
Team Kaufelt
Truman & Co. (KW)
List Price
$750,000
Sold Price
$725,000
Premium/Discount to List
-$25,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.05%

Purchase Details

Closed on
Jul 11, 2000
Sold by
Gilley Marilouise
Bought by
King Peter J and King Monnie O

Purchase Details

Closed on
Feb 1, 1970
Bought by
King Peter J and King Monnie O
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $939,000 --
Warranty Deed $725,000 Spottswood Spottswood Spottswo
Warranty Deed $215,000 --
Personal Reps Deed -- --
Deed $12,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2025 05/03/25 Price Changed $4,250,000 -4.4% $1,515 / Sq Ft
04/01/2025 04/01/25 For Sale $4,444,000 +373.3% $1,584 / Sq Ft
10/07/2022 10/07/22 Sold $939,000 -6.0% $611 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $999,000 +37.8% $650 / Sq Ft
04/04/2022 04/04/22 Sold $725,000 -3.3% $471 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $750,000 -- $487 / 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 $5,840 $706,437 $706,437 --
2023 $5,840 $642,637 $642,637 $0
2022 $5,690 $734,137 $534,331 $199,806
2021 $5,045 $527,227 $352,953 $174,274
2020 $4,856 $507,663 $333,344 $174,319
2019 $4,894 $507,768 $330,893 $176,875
2018 $4,756 $482,283 $302,706 $179,577
2017 $4,814 $482,475 $0 $0
2016 $4,744 $466,040 $0 $0
2015 $4,366 $395,626 $0 $0
2014 $4,412 $388,614 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 602258

Florida Keys Board of REALTORS®

APN: 00042880-000000