NOT LISTED FOR SALE

Estimated Value: $689,197 - $1,327,000

3 Beds
2 Baths
1,300 Sq Ft
$739/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $585,000 $450 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,851/month

132 Days on Market

Highlights

  • No HOA
  • Shed
  • Ceiling Fan
  • Jalousie or louvered window
  • Terrazzo Flooring

About This Home

As of November 2021

This CBS Key West duplex is located on a corner lot in midtown. The duplex is spilt into a 2 bed 1 bath and a 1 bed 1 bath. Both units have ample off street parking and yard space on both sides of the buildings. Two electric and two water meters. Property has concrete spalling.

Last Agent to Sell the Property

Sean Farrer, P.A.

Coastline R.E. & Property Mgmt. (KW) Listed on: 06/04/2021

Last Buyer's Agent

Shannon Lewis

Bascom Grooms Real Estate (KW) License #3273383

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,166

Year Built

  • Built in 1958

Lot Details

  • 3,652

Home Design

  • Duplex

Interior Spaces

  • 1,300 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window

Kitchen

  • Oven
  • Range

Flooring

  • Terrazzo
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Utilities

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

Additional Features

  • Shed
  • 3,652 Sq Ft Lot
  • Ground Level

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00060450-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Land Buyers Assn Subdivision
  • Rental Restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,166

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • 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: 3.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4165.54
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 3
  • Year Built: 1958
  • Alternate Key Number: 1060887
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 3652.00
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1300.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Oven, Refrigerator, Range
  • Floor: Terrazzo, Vinyl
  • Windows/Doors: Jalousie Windows, Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Shed, Storage
  • Roof: Other Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00060450-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

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
Jun 4, 2021
Closed on
Nov 15, 2021
Sold by
Townsend Ivor and Townsend Gavin Mckeirnan
Bought by
Williams James King
Seller's Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
Buyer's Agent
Shannon Lewis
Bascom Grooms Real Estate (KW)
List Price
$675,000
Sold Price
$585,000
Premium/Discount to List
-$90,000
-13.33%
Current Estimated Value
$960,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,799
Avg. Annual Appreciation
14.32%

Purchase Details

Closed on
Oct 8, 2020
Sold by
Mckeirnan Townsend Gavin and Mckeiman Gavin
Bought by
Townsend Gavin Mckeirnan and Townsend Ivor

Purchase Details

Closed on
Apr 29, 2009
Sold by
Dlj Mortgage Capital Inc
Bought by
Mckeiman Gavin

Purchase Details

Closed on
Feb 20, 2009
Sold by
Edellstein John
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Feb 10, 2009
Sold by
Edellstein John and Edellstein John B
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Jul 30, 2007
Sold by
Swift Deborah S and Swift Edwin O
Bought by
Edellstein John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
6.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 7, 2007
Sold by
Mcdermit George and Mcdermit Mitzi
Bought by
Swift Deborah S and Swift Edwin O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
11.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2000
Sold by
Barbara S Cardwell Tr and Barbara S Cardwell Revocable Trust
Bought by
Mcdermit George and Mcdermit Mitzi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,700
Interest Rate
8.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 1998
Sold by
Cardwell Barbara S
Bought by
Cardwell Barbara S

Purchase Details

Closed on
Feb 1, 1972
Bought by
Mckeirnan Gavin
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 Buyer Sale Price Title Company
Williams James King $585,000 Florida Title Professional
Townsend Gavin Mckeirnan $7,242 Rose Marci L
Mckeiman Gavin $235,000 Landcastle Title Llc
Dlj Mortgage Capital Inc $66,000 None Available
Dlj Mortgage Capital Inc -- Attorney
Edellstein John B $450,000 Chicago Title Of The Fl Keys
Swift Deborah S $300,000 Chicago Title Of The Fl Keys
Mcdermit George $226,000 --
Cardwell Barbara S $100 --
Mckeirnan Gavin $19,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edellstein John $28,500
Previous Owner Edellstein John B $427,500
Previous Owner Swift Deborah S $225,000
Previous Owner Cardwell Barbara S $214,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $585,000 -2.3% $450 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
09/07/2021 09/07/21 Price Changed $599,000 -4.2% $461 / Sq Ft
07/13/2021 07/13/21 Price Changed $625,000 -7.4% $481 / Sq Ft
06/04/2021 06/04/21 For Sale $675,000 -- $519 / 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 $6,538 $807,518 $656,484 $151,034
2023 $6,538 $744,433 $598,846 $145,587
2022 $5,628 $573,686 $425,933 $147,753
2021 $4,423 $427,612 $281,350 $146,262
2020 $4,166 $414,224 $265,720 $148,504
2019 $3,975 $404,042 $255,494 $148,548
2018 $3,897 $416,255 $267,673 $148,582
2017 $3,789 $416,553 $0 $0
2016 $3,815 $422,161 $0 $0
2015 $3,393 $315,326 $0 $0
2014 $2,944 $202,832 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 596368

Florida Keys Board of REALTORS®

APN: 00060450-000000