$860,000
SOLD FEB 14, 2019
4 Beds
2 Baths
1,394 Sq Ft
4,840 Sq Ft Lot

Recently Sold

$617 Per Sq Ft

7% Below List Price

44 Days on Market

Highlights

  • Beach
  • Concrete Pool
  • Deck
  • Tennis Courts
  • Fruit Trees
  • 2-minute walk to Key West Nature Preserve

About This Home

As of June 2024

High income-producing 4BR/2BA monthly vacation rental home with extensive & solid rental history! February 2019 through April 2019 already booked, totaling $37,301 of post-closing income for the purchaser of this awesome investment opportunity - a perfect way to start the New Year! After a meticulous 2018 renovation, the home could not be more turn-key. BRAND NEW 2018 FEATURES INCLUDE; Granite Kitchen Countertops, Stainless Steel Appliances, Custom Built Cabinets, Custom Closets, New Master Bath Vanity, Cleaned & Glossed Mexican Saltillo Tile, Newly Refurbished Doors, All New Drywall, Insulation & Trim, Fresh Paint from Floor-to-Ceiling, Oversized Washer/Dryer, Brand-New Electrical Wiring & Everything Updated to Code! ADDITIONALLY, the home features an open floor plan

Last Agent to Sell the Property

Joseph Carty

Keller Williams Key West Compass Realty License #3359076 Listed on: 11/19/2018

Last Buyer's Agent

Alexis O'Donnell

eXp Realty LLC License #3422826

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,809

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 4,840 Sq Ft Lot
  • Privacy Fence
  • Sprinkler System
  • Fruit Trees

Home Design

  • Metal Roof

Interior Spaces

  • 1,394 Sq Ft Home
  • 1-Story Property
  • Shutters
  • French Doors
  • Sliding Doors
  • Storage
  • Tile Flooring

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Deck
  • Outdoor Shower

Outdoor Features

  • Tennis Courts
  • Deck
  • Patio
  • Lanai
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Air
  • Water Purifier
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00062380-000000

Community Details

Overview

  • No Home Owners Association
  • Pearlmans Subd Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Tennis Courts
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,809

Year Built

Built in 1964 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: 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
  • Neighborhood Feature: Beach, Tennis Courts, Other Area Features, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4808.53
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1964
  • Alternate Key Number: 1062782
  • Cooling Heating: Central Air, Heat
  • Lot Sq Ft: 4840.00
  • Pool Info: Concrete, In Ground, Decked
  • Pool Info Heated: Yes
  • Porch Balcony: Deck, Patio
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1394.00
  • Pool Info Other Surroundings: 2 private sundecks
  • Pre Wired: Cable
  • Pre Wired Other: new wiring
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Other, Storage, Smoke Alarms, Pantry, Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Water Purification, Stainless Steel Appliance(s), Range, Refrigerator, Oven, Microwave, Freezer, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: French Doors, Impact Rstnce Window, Glass Doors
  • Total Bedrooms: 4
  • Accessibility Features: Accessible

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fruit Tree(s), Storage, Sprinkler System, Privacy Wall/Fence, Outdoor Shower, Lighting, Lanai
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00062380-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jun 24, 2024
Sold by
Kauffman Amee
Bought by
Key West Fish And Fun Llc
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Jessica Prescott
Century 21 Schwartz Realty (KW)
List Price
$1,275,000
Sold Price
$1,050,000
Premium/Discount to List
-$225,000
-17.65%
Views
24
Current Estimated Value
$1,124,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,193
Avg. Annual Appreciation
6.59%

Purchase Details

Listed on
Dec 17, 2020
Closed on
Feb 16, 2021
Sold by
Gladhill Ryan
Bought by
Kauffman Amee
Seller's Agent
Alexis O'Donnell
eXp Realty LLC
Buyer's Agent
Christopher Santry
Last Key Realty, Inc (KW)
List Price
$950,000
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%

Purchase Details

Listed on
Nov 19, 2018
Closed on
Feb 19, 2019
Sold by
William Lynch
Bought by
Gladhill Ryan
Seller's Agent
Joseph Carty
Keller Williams Key West Compass Realty
Buyer's Agent
Alexis O'Donnell
eXp Realty LLC
List Price
$929,000
Sold Price
$860,000
Premium/Discount to List
-$69,000
-7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$774,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 19, 2018
Closed on
Feb 14, 2019
Sold by
William Lynch
Bought by
Gladhill Ryan
Seller's Agent
Joseph Carty
Keller Williams Key West Compass Realty
Buyer's Agent
Alexis O'Donnell
eXp Realty LLC
List Price
$929,000
Sold Price
$860,000
Premium/Discount to List
-$69,000
-7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$774,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 12, 2017
Closed on
Jan 25, 2018
Sold by
Sikes Eugene Mathis and Harrison Todd
Bought by
Lynch William
Seller's Agent
James Olson
Doug Mayberry Real Estate (KW)
Buyer's Agent
Joseph Carty
Truman & Co. (KW)
List Price
$849,000
Sold Price
$750,000
Premium/Discount to List
-$99,000
-11.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.92%
Original Mortgage
$529,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 27, 2012
Closed on
Feb 27, 2013
Sold by
Arman Robert C
Bought by
Sikes Eugene Mathis and Harrison Jeffery Todd
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Monika Richter
Last Key Realty, Inc (KW)
List Price
$565,000
Sold Price
$565,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$417,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2010
Sold by
Ellsworth Jonathan G and Perez Ellsworth Michelle M
Bought by
Arman Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2004
Sold by
Erickson Teia and Erickson Steve
Bought by
Ellsworth Jonathan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2000
Sold by
Rice Peter F
Bought by
Erickson Teia and Erickson Steve

Purchase Details

Closed on
Feb 1, 1974
Bought by
Sikes Eugene Mathis
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 $1,050,000 None Listed On Document
Warranty Deed $950,000 Attorney
Warranty Deed $860,000 None Listed On Document
Warranty Deed $860,000 None Listed On Document
Warranty Deed $750,000 Attorney
Warranty Deed $565,000 Attorney
Warranty Deed $367,500 Chicago Title Of The Florida
Warranty Deed $630,000 --
Warranty Deed $205,000 --
Deed $28,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 New Conventional
Previous Owner $780,000 New Conventional
Previous Owner $774,000 Purchase Money Mortgage
Previous Owner $774,000 Purchase Money Mortgage
Previous Owner $529,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $294,000 New Conventional
Previous Owner $134,400 Credit Line Revolving
Previous Owner $635,000 Unknown
Previous Owner $99,900 Credit Line Revolving
Previous Owner $467,000 Purchase Money Mortgage
Previous Owner $320,000 New Conventional
Previous Owner $232,000 New Conventional
Closed $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $1,050,000 -8.7% $753 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/13/2024 05/13/24 Price Changed $1,150,000 -4.2% $825 / Sq Ft
05/06/2024 05/06/24 Price Changed $1,200,000 -5.9% $861 / Sq Ft
04/24/2024 04/24/24 For Sale $1,275,000 +34.2% $915 / Sq Ft
02/16/2021 02/16/21 Sold $950,000 0.0% $681 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
12/17/2020 12/17/20 For Sale $950,000 +10.5% $681 / Sq Ft
02/14/2019 02/14/19 Sold $860,000 -7.4% $617 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
11/19/2018 11/19/18 For Sale $929,000 +23.9% $666 / Sq Ft
01/25/2018 01/25/18 Sold $750,000 -11.7% $554 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $849,000 +50.3% $627 / Sq Ft
02/28/2013 02/28/13 Sold $565,000 0.0% $417 / Sq Ft
02/28/2013 02/28/13 Pending -- -- --
11/27/2012 11/27/12 For Sale $565,000 -- $417 / 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 $7,948 $1,067,115 $544,500 $522,615
2023 $7,948 $894,677 $399,300 $495,377
2022 $7,778 $888,369 $387,200 $501,169
2021 $6,646 $710,144 $301,290 $408,854
2020 $6,597 $707,073 $292,820 $414,253
2019 $5,954 $627,948 $271,040 $356,908
2018 $3,834 $380,035 $277,090 $102,945
2017 $5,219 $524,208 $0 $0
2016 $5,415 $529,650 $0 $0
2015 $5,020 $461,223 $0 $0
2014 $5,527 $491,506 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 582870

Florida Keys Board of REALTORS®

APN: 00062380-000000