NOT LISTED FOR SALE

Estimated Value: $1,595,000 - $2,438,000

4 Beds
3 Baths
2,300 Sq Ft
$861/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $290,500 $126 Per Sq Ft

Est. 582% increase in value since last sale

Current estimated payment $11,649/month

9 Days on Market

Highlights

  • No HOA
  • Balcony
  • 5-minute walk to Key West Nature Preserve

About This Home

As of March 2018

A Rare opportunity to build your own dream home. This partially constructed existing property more than likely needs to be demolished per the building dept. Great location close to the beach.

Last Agent to Sell the Property

Rick Lively

Coldwell Banker Schmitt R.E. Listed on: 03/14/2018

Last Buyer's Agent

Robert Wood

Keller Williams Key West Compass Realty License #3355003

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,763

Year Built

  • Built in 1968

Lot Details

  • 3,608

Parking

  • Off-Street Parking

Home Design

  • 2,300 Sq Ft Home
  • Metal Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Balcony
  • 3,608 Sq Ft Lot
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00060900-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,763

Year Built

Built in 1968

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
  • 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
  • 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: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 2762.95
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1968
  • Alternate Key Number: 1061328
  • Lot Sq Ft: 3608.00
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 2300.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: No Appliances
  • Floor: Other
  • Windows/Doors: Other Windows/Doors
  • Total Bedrooms: 4
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Other
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Other - See Remarks

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE,AE
  • Parcel Number: 00060900-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2019
Sold by
Borden Luther James and Borden Gerard Raymond
Bought by
Labrador Holdings Llc
Current Estimated Value
$1,980,413

Purchase Details

Closed on
Nov 12, 2019
Sold by
Borden Luther James and Borden Gerard Raymond
Bought by
Labrador Holdings Llc

Purchase Details

Listed on
Mar 14, 2018
Closed on
Mar 29, 2018
Sold by
Schumacher Randolph E and Schumacher Beth A
Bought by
Luther James B and Pfeil Raymond G
Seller's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
Buyer's Agent
Robert Wood
Keller Williams Key West Compass Realty
List Price
$289,000
Sold Price
$290,500
Premium/Discount to List
$1,500
0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.65%

Purchase Details

Closed on
Jan 25, 2018
Sold by
Birchmeier Luke
Bought by
Schumacher Randolph E and Schumacher Beth A

Purchase Details

Listed on
Oct 2, 2014
Closed on
Sep 3, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Birchmeier Luke
Seller's Agent
William Brown
Southernmost Realty (KW)
Buyer's Agent
William Brown
Southernmost Realty (KW)
List Price
$25,400,000
Sold Price
$254,000
Premium/Discount to List
-$25,146,000
-99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.70%

Purchase Details

Closed on
Jun 5, 2014
Sold by
Osorio Jarvis and Valdes Nelson
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 8, 2014
Sold by
Osorio Jarvis and Valdes Nelson
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 16, 2005
Sold by
Soto Armando J
Bought by
Valdes Nelson and Osorio Jarvis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
7.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 26, 2005
Sold by
Carrillo Olga and Soto Armando Joaquin
Bought by
Soto Armando Joaquin
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
Labrador Holdings Llc $100 None Listed On Document
Labrador Holdings Llc $100 None Listed On Document
Luther James B $290,500 None Listed On Document
Schumacher Randolph E -- None Available
Birchmeier Luke $243,000 Premium Title Services Inc
Deutsche Bank National Trust Company -- None Available
Deutsche Bank National Trust Company -- None Available
Valdes Nelson $630,000 --
Soto Armando Joaquin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Birchmeier Luke $151,052
Previous Owner Valdes Nelson $504,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2018 03/28/18 Sold $290,500 +0.5% $126 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $289,000 +13.8% $126 / Sq Ft
10/02/2014 10/02/14 Sold $254,000 -99.0% $169 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $25,400,000 -- $16,933 / 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 $8,547 $1,148,747 $654,636 $494,111
2023 $8,547 $1,065,716 $597,160 $468,556
2022 $7,539 $898,323 $424,734 $473,589
2021 $2,699 $259,369 $253,282 $6,087
2020 $2,791 $271,284 $264,972 $6,312
2019 $2,794 $269,561 $263,023 $6,538
2018 $2,599 $242,895 $240,618 $2,277
2017 $2,763 $256,479 $0 $0
2016 $3,077 $297,902 $0 $0
2015 $2,795 $238,076 $0 $0
2014 $3,204 $272,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 579234

Florida Keys Board of REALTORS®

APN: 00060900-000000