$1,310,000
SOLD JUN 11, 2018
5 Beds
6 Baths
3,275 Sq Ft
7,920 Sq Ft Lot

Recently Sold

$400 Per Sq Ft

1% Below List Price

25 Days on Market

Highlights

  • Concrete Pool
  • Cathedral Ceiling
  • Stainless Steel Appliances
  • Deck
  • No HOA
  • Some Wood Windows

About This Home

As of September 2021

No expense was spared in the renovation of this 3 unit property with travertine tile flooring, stainless steel appliances, and granite countertops. What better way to own a property than to generate income on two of the units while making one an owner unit!Front unit is a two bedroom/two bath with expansive front porch and side yard. Back unit is a two bedroom/two bath unit with nice deck and pool, very private. Upstairs is a one bedroom with office/two bath unit with private second floor roof top deck. This is a must see property. Not a drive by.

Last Agent to Sell the Property

Daniel Skahen

Preferred Properties (KW) License #624743 Listed on: 04/02/2018

Last Buyer's Agent

The Lowe Group

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3336423

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,612

Year Built

  • Built in 1933

Lot Details

  • 7,920 Sq Ft Lot
  • Fenced
  • Sprinkler System

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,275 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Some Wood Windows
  • Double Hung Windows
  • French Doors
  • Sliding Doors
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00060800-000000

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,612

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • 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
  • Mile Marker: 2.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 8611.86
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 3
  • Year Built: 1933
  • Alternate Key Number: 1061239
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 7920.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Deck, Patio
  • Association Info Condo Docs: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 3275.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cathedral Ceilings, Sky Light(s), Walk-in Closet(s), Smoke Alarms
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Appliances: Dishwasher, Stainless Steel Appliance(s), Wine Cooler, Washer, Oven, Refrigerator, Range, Dryer
  • Floor: Tile
  • Windows/Doors: Double Hung Windows, Wood Windows, Glass Doors, French Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Sprinkler System, Hot Tub
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00060800-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.18

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 10, 2021
Sold by
Crosby Mark and Crosby Antoinette N
Bought by
Herrick Gregory and Herrick Suzanne
Seller's Agent
The Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Terri Spottswood
Truman & Co. (KW)
List Price
$1,649,000
Sold Price
$1,649,000
Current Estimated Value
$2,287,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638,959
Avg. Annual Appreciation
7.53%
Original Mortgage
$1,484,100
Outstanding Balance
$1,361,762
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$820,367

Purchase Details

Listed on
Apr 2, 2018
Closed on
Jun 12, 2018
Sold by
Fatica Jack L
Bought by
Crosby Mark and Crosby Antoinette N
Seller's Agent
Daniel Skahen
Preferred Properties (KW)
Buyer's Agent
The Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,325,000
Sold Price
$1,310,000
Premium/Discount to List
-$15,000
-1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$818,600
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 30, 2018
Sold by
Fatica Jack L
Bought by
Crosby Mark and Crosby Antoinette N
Seller's Agent
Daniel Skahen
Preferred Properties (KW)
Buyer's Agent
The Lowe Group
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,325,000
Sold Price
$1,310,000
Premium/Discount to List
-$15,000
-1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$818,600
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2014
Sold by
Fatica Jack L and Dietzen Bruce
Bought by
Fatica Jack L

Purchase Details

Closed on
Jun 2, 2004
Sold by
Savage Thomas J and Savage Zita
Bought by
Fatica Jack L and Dietzen Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2003
Sold by
Savage Thomas J
Bought by
Savage Thomas J and Savage Zita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,500
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2002
Sold by
Vinicio Sangermano I
Bought by
Savage Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2002
Bought by
Fatica Jack L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1996
Bought by
Fatica Jack L

Purchase Details

Closed on
Nov 1, 1992
Bought by
Fatica Jack L

Purchase Details

Closed on
Nov 1, 1990
Bought by
Fatica Jack L

Purchase Details

Closed on
Aug 1, 1990
Bought by
Fatica Jack L

Purchase Details

Closed on
Jan 1, 1981
Bought by
Fatica Jack L
Source: Public Records

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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 $1,649,000 Attorney
Warranty Deed $1,310,000 None Listed On Document
Warranty Deed $1,310,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,100,000 --
Interfamily Deed Transfer $100,000 --
Warranty Deed $300,000 --
Quit Claim Deed $100,000 --
Warranty Deed $178,000 --
Warranty Deed $206,000 --
Warranty Deed $232,500 --
Warranty Deed $215,000 --
Warranty Deed $83,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,484,100 New Conventional
Previous Owner $789,900 No Value Available
Previous Owner $818,600 Purchase Money Mortgage
Previous Owner $818,600 Purchase Money Mortgage
Previous Owner $818,600 New Conventional
Previous Owner $999,999 Commercial
Previous Owner $206,500 Commercial
Previous Owner $200,000 Commercial
Closed $160,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $1,649,000 0.0% $504 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $1,649,000 +25.9% $504 / Sq Ft
06/11/2018 06/11/18 Sold $1,310,000 -1.1% $400 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $1,325,000 -- $405 / 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 $14,478 $1,742,356 $851,558 $890,798
2023 $14,478 $1,612,490 $776,794 $835,696
2022 $12,883 $1,398,572 $552,499 $846,073
2021 $11,063 $1,116,811 $364,954 $751,857
2020 $10,991 $1,113,561 $344,678 $768,883
2019 $10,918 $1,096,262 $326,177 $770,085
2018 $8,948 $895,559 $338,532 $557,027
2017 $8,659 $900,192 $0 $0
2016 $8,612 $889,012 $0 $0
2015 $8,099 $793,363 $0 $0
2014 $7,170 $569,187 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 579549

Florida Keys Board of REALTORS®

APN: 00060800-000000