NOT LISTED FOR SALE

Estimated Value: $1,995,000 - $3,451,000

5 Beds
5 Baths
3,081 Sq Ft
$961/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $1,408,000 $457 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $17,270/month

145 Days on Market

Highlights

  • Beach
  • Granite Countertops
  • Stainless Steel Appliances
  • Deck
  • No HOA
  • 2-minute walk to Key West Nature Preserve

About This Home

As of October 2022

New lower price - $50,000 price reduction! Super huge home in the Atlantic Beaches neighborhood of Key West! The perfect opportunity for big families, at home work, multi-generational living, shared living spaces, or just room for all your friends. Offering full sized rooms, there are 5 bedrooms and 5 full baths perfectly separated on a tri level floor plan. With a spacious master suite on the first level, additionally there are 2 large suites on the top floor. The home is partially elevated allowing for ease of entry into the main living area, with only a few steps, while keeping it high and dry. Separate exterior staircases provide access to the first and second floors. As a bonus, there is an office, oversized closets, and a large laundry room. Covered parking for 2 vehicles and room for 3 more and a boat in off street spots solve your Key West parking concerns. The rear yard space is fenced and will be the perfect spot for the addition of a swimming pool. A solid and well built concrete home, although quite livable, the interior is in need of cosmetic repairs or remodeling. Located in the Atlantic Beaches neighborhood of Key West, nearby are beaches, parks, and the popular White Street Merchant and Gallery District, while comfortably close to Duval Street and the tourist and entertainment area. Vacant and ready for an immediate closing.

Last Agent to Sell the Property

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 03/29/2022

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Wendy Zintsmaster

Truman & Co. (KW) License #681792

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,480

Year Built

  • Built in 1997

Lot Details

  • 5,087 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned MDR-1 - Medium Desnity Residential

Home Design

  • Split Level Home
  • Concrete Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 3,081 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Entrance Foyer
  • Storage
  • Laundry Room
  • Utility Room
  • Tile Flooring
  • Intercom

Kitchen

  • <<OvenToken>>
  • <<microwave>>
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • 4 Car Attached Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Shed

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00061570-000100

Community Details

Overview

  • No Home Owners Association
  • Kamien Plat #2 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Beach
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,480

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 2.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Fire Hydrant, Other Area Features, Bike Paths
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 5480.00
  • Vehicle Storage: Attached, Off Street Parking, Covered Parking, Carport
  • Vehicle Storage Cars: 4+
  • Year Built: 1997
  • Alternate Key Number: 8878443
  • Building Style: Split Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 5087.00
  • Porch Balcony: Deck, Patio, Open Porch/Balcony
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Yes
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 3081.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Entrance Foyer, Storage, Walk-in Closet(s), Pantry, Granite Counter Top, Intercom
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Appliances: Disposal, Stainless Steel Appliance(s), Refrigerator, Microwave, Oven
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room
  • Windows/Doors: Aluminum Windows, Sliding Glass Doors, Glass Doors
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Stucco, Concrete
  • Exterior Features: Fencing, Storage, Shed, Privacy Wall/Fence
  • Roof: Concrete Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Yes
  • Parcel Number: 00061570-000100
  • Lot Size: 55 x 93
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
Oct 7, 2022
Sold by
Lam Yin Fong
Bought by
Ohaat Llc
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Wendy Zintsmaster
Truman & Co. (KW)
List Price
$1,790,000
Sold Price
$1,408,000
Premium/Discount to List
-$382,000
-21.34%
Current Estimated Value
$2,959,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,551,358
Avg. Annual Appreciation
29.50%

Purchase Details

Closed on
Jun 7, 2022
Sold by
Yat Tong Hok and Fong Yin
Bought by
Lam Yin Fong

Purchase Details

Closed on
Feb 3, 2005
Sold by
Maqueira Justo
Bought by
Fong Tong Hok Yat and Fong Lam Yin

Purchase Details

Closed on
May 6, 1998
Sold by
Maqueira Justo
Bought by
Tong Hok Y and Lam Yin F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.03%

Purchase Details

Closed on
Nov 19, 1996
Sold by
Case Patrick
Bought by
Maqueira Justo

Purchase Details

Closed on
Mar 1, 1996
Bought by
Tong Hok Yat
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
Ohaat Llc $1,408,000 --
Lam Yin Fong -- Agnes Chau Pa
Fong Tong Hok Yat -- --
Tong Hok Y $350,000 --
Maqueira Justo $40,000 --
Tong Hok Yat $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohaat Llc $1,250,000
Previous Owner Maqueira Justo $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $1,408,000 -16.7% $457 / Sq Ft
08/21/2022 08/21/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $1,690,000 -2.9% $549 / Sq Ft
05/28/2022 05/28/22 Price Changed $1,740,000 -2.8% $565 / Sq Ft
03/29/2022 03/29/22 For Sale $1,790,000 -- $581 / 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 $11,115 $1,567,074 $863,162 $703,912
2023 $11,115 $1,273,477 $787,379 $486,098
2022 $5,579 $662,854 $0 $0
2021 $5,708 $643,548 $0 $0
2020 $5,612 $634,663 $0 $0
2019 $5,530 $620,394 $0 $0
2018 $5,529 $608,827 $0 $0
2017 $5,505 $596,305 $0 $0
2016 $5,684 $584,041 $0 $0
2015 $5,795 $579,981 $0 $0
2014 $6,059 $583,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600345

Florida Keys Board of REALTORS®

APN: 00061570-000100