NOT LISTED FOR SALE

Estimated Value: $1,250,634 - $1,474,000

6 Beds
4 Baths
2,300 Sq Ft
$598/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $1,250,000 $543 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,453/month

8 Days on Market

Highlights

  • Detached Guest House
  • No HOA
  • Outdoor Storage
  • Deck
  • Shutters
  • Central Air

About This Home

As of July 2022

This property is a rare opportunity to own a single family home with a detached duplex. The elevated main house, with two bedrooms and two baths, is perfect for an owners unit. Recent renovations include new floors, split-system HVAC, second bath addition, and other finishing touches. Located on a city fire lane, the rear house also has off-street parking and beautiful private tropical gardens. Totally separate is a legal duplex, each with two bedrooms and one bath. The interiors are modest with loads of private outdoor space for the tenants. Key West address with income. Who could ask for more?

Last Listed By

Everett Watkins

Keller Williams Key West Compass Realty License #513929 Listed on: 06/07/2022

Keller Williams Key West Compass Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,800

Year Built

  • Built in 1950

Lot Details

  • 7,000 Sq Ft Lot
  • Privacy Fence
  • Fenced

Parking

  • Covered Parking

Home Design

  • Metal Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Shutters
  • Double Hung Windows
  • Blinds

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Storage

Additional Homes

  • Detached Guest House

Utilities

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00051490-000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Sunshine Sub Plat 3 Subdivision
  • Rental Restrictions

Pet Policy

  • Pet Restriction: YES

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,800

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Voluntary 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: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 5800.17
  • Title: Negotiable
  • Vehicle Storage: Covered Parking
  • Year Built: 1950
  • Alternate Key Number: 1052116
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 7000.00
  • Porch Balcony: Deck
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 2300.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drapes/Blinds Incl
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Dryer
  • Floor: Combo
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 6
  • Sq Ft Remarks: 1,500 sq ft for duplex and 800 sq ft for owners unit, not counting loft space.

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Combo Construction
  • Exterior Features: Detached Guest Qtrs, Storage, Fencing, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Elect Separate Meter, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00051490-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Partially

Tax Info

  • Tax Year: 2021

Multi Family

  • Total Units: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jul 25, 2022
Sold by
Thomas Curry Glenn
Bought by
Bar Daniel Cordell and Bar Karen Sue
Seller's Agent
Everett Watkins
Keller Williams Key West Compass Realty
Buyer's Agent
Wendy Moreira
Keller Williams Key West Compass Realty
List Price
$1,290,000
Sold Price
$1,250,000
Premium/Discount to List
-$40,000
-3.1%
Total Days on Market
8
Current Estimated Value
$1,374,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,909
Avg. Annual Appreciation
3.41%
Original Mortgage
$937,500
Outstanding Balance
$903,437
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$471,472

Purchase Details

Closed on
Jun 30, 2021
Sold by
Curry Glenn Thomas and Glenn Thomas Curry
Bought by
Curry Glenn Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2018
Sold by
Curry Glenn
Bought by
Curry Glenn Thomas and The Glenn Thomas Curry

Purchase Details

Closed on
Mar 15, 2017
Sold by
Blades Michael and Kilroy Katheryn
Bought by
Voigt Manfred and The Manfred Voigt Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 2014
Bought by
Blades Michael

Purchase Details

Closed on
Apr 22, 1994
Sold by
Carey Leonard Allen
Bought by
Kilroy James J and Kilroy Mary

Purchase Details

Closed on
May 1, 1979
Bought by
Blades Michael

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
Bar Daniel Cordell $1,250,000 Oropeza Stones Cardenas Pllc
Curry Glenn Thomas -- Accommodation
Curry Glenn Thomas -- Attorney
Voigt Manfred $620,000 Attorney
Blades Michael $110,000 --
Kilroy James J $136,200 --
Blades Michael $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bar Daniel Cordell $937,500
Previous Owner Curry Glenn Thomas $303,000
Previous Owner Voigt Manfred $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $1,250,000 -3.1% $543 / Sq Ft
06/07/2022 06/07/22 For Sale $1,290,000 -- $561 / 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 $9,078 $951,973 $521,640 $430,333
2023 $9,078 $918,215 $515,970 $402,245
2022 $6,192 $691,568 $0 $0
2021 $5,800 $556,436 $0 $0
2020 $5,661 $551,406 $0 $0
2019 $5,373 $507,652 $0 $0
2018 $5,536 $518,446 $0 $0
2017 $6,087 $529,383 $0 $0
2016 $6,059 $520,769 $0 $0
2015 $5,658 $440,871 $0 $0
2014 $4,504 $352,844 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601311

Florida Keys Board of REALTORS®

APN: 00051490-000000