NOT LISTED FOR SALE

Estimated Value: $1,293,366 - $1,605,000

3 Beds
2 Baths
1,698 Sq Ft
$836/Sq Ft Est. Value

Last Sold May 04, 2020

Last sale price $840,000 $495 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $8,363/month

67 Days on Market

Highlights

  • In Ground Pool
  • Quartz Countertops
  • Stainless Steel Appliances
  • Deck
  • No HOA
  • Walk-In Closet

About This Home

As of May 2020

Property has an estimated $80,000 per year gross income. This tropical retreat is surrounded by a 6-foot privacy fence. The 3 bedroom and 2 bathroom home has been updated with modern touches. Featuring an open-floor concept with high-vaulted ceilings and large-pocket glass doors, this home makes entertaining a breeze both indoors and out. A large pool out back gives way to a relaxing oasis with lush landscapes, a new deck and a tiki hut. The en-suite master bedroom boasts ample natural light, a large master bath and a spacious walk-in closet.

Last Agent to Sell the Property

Epperly & Blackwell TEAM

Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK3313232 Listed on: 01/16/2020

Last Buyer's Agent

Matthew Sheehan

Ocean Sotheby's International Realty License #3400684

Ocean Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,337

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 5,681 Sq Ft Lot
  • Property is zoned MDR-1 - Medium Desnity Residential

Home Design

  • Metal Roof

Interior Spaces

  • 1,698 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Stainless Steel Appliances
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Deck

Location

  • Ground Level

Utilities

  • Central Air
  • Propane
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Key West Realty Cos Sub Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00047140-000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,337

Year Built

Built in 1958 | Remodeled

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
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 30.00
  • 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: 5337.43
  • Title: Negotiable
  • Vehicle Storage: Guest Parking, Off Street Parking
  • Year Built: 1958
  • Alternate Key Number: 9090844
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 5681.00
  • Pool Info: In Ground
  • Porch Balcony: Deck
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • License Info Transient Rntl Licns: No
  • Estimated Living Sq Ft: 1698.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Quartz Countertops, Walk-in Closet(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave
  • Floor: Tile
  • Total Bedrooms: 3
  • Accessibility Features: None
  • Sq Ft Remarks: buyer to verify

Exterior Features

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

Utilities

  • Utilities: FKAA, Propane, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00047140-000100
  • Land Size: 1/4 - 1/2 Acre
  • Acres: 0.13

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
May 4, 2020
Sold by
Hill John B
Bought by
Kosman Nathan M and Kosman Christina J
Seller's Agent
Epperly & Blackwell TEAM
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Matthew Sheehan
Ocean Sotheby's International Realty
List Price
$900,000
Sold Price
$840,000
Premium/Discount to List
-$60,000
-6.67%
Current Estimated Value
$1,420,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,342
Avg. Annual Appreciation
9.88%
Original Mortgage
$672,000
Outstanding Balance
$607,720
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$777,688

Purchase Details

Closed on
Nov 30, 2005
Sold by
Covan Frederick L and Covan Diane Tolbert
Bought by
Covan Frederick L and Covan Diane Tolbert

Purchase Details

Closed on
Oct 15, 2003
Sold by
Atwood Dc Michael S
Bought by
Covan Frederick L and Covan Diane Tolbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,125
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2002
Sold by
Stephen Palka I
Bought by
Bradley Gregory L and Bradley Mary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.67%
Mortgage Type
New Conventional
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
Kosman Nathan M $840,000 Attorney
Covan Frederick L -- --
Covan Frederick L -- --
Covan Frederick L $837,500 --
Bradley Gregory L $292,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kosman Nathan M $672,000
Previous Owner Covan Frederick L $637,500
Previous Owner Covan Frederick L $250,000
Previous Owner Covan Frederick L $333,700
Previous Owner Covan Frederick L $628,125
Previous Owner Covan Frederick $75,000
Previous Owner Covan Frederick $262,800
Previous Owner Covan Frederick $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2020 05/04/20 Sold $840,000 -2.3% $495 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/11/2020 03/11/20 Price Changed $860,000 -4.4% $506 / Sq Ft
01/16/2020 01/16/20 For Sale $900,000 +78.2% $530 / Sq Ft
04/03/2017 04/03/17 Sold $505,000 -21.7% $297 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
07/20/2016 07/20/16 For Sale $645,000 -- $380 / 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 $7,491 $1,032,311 $606,276 $426,035
2023 $7,491 $882,208 $475,613 $406,595
2022 $6,805 $818,661 $407,669 $410,992
2021 $6,346 $675,838 $310,978 $364,860
2020 $6,085 $649,240 $308,365 $340,875
2019 $5,337 $579,344 $303,138 $276,206
2018 $4,875 $495,483 $261,326 $234,157
2017 $4,839 $482,853 $0 $0
2016 $4,801 $460,637 $0 $0
2015 $4,477 $406,756 $0 $0
2014 $4,764 $427,094 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 589213

Florida Keys Board of REALTORS®

APN: 00047140-000100