$594,000
SOLD JAN 29, 2018
4 Beds
2 Baths
1,374 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$432 Per Sq Ft

1% Below List Price

16 Days on Market

Highlights

  • No HOA
  • Balcony
  • Patio
  • Stainless Steel Appliances
  • Shutters
  • Accessible Parking

About This Home

As of June 2020

Just listed in Mid Town East Key West! Well maintained duplex with two 2 bedroom/ 1 bath units. Each unit offers an updated kitchen with granite countertops, stainless steel appliances, tablespace, and access to private courtyards. The property boasts bricked pathways, patios, tropical landscape, off street parking for two, and room for a pool. Both units have ceramic tile throughout, central AC, & impact doors and hurricane shutters. Centrally located in the heart of Key West and just minutes from Old Town this makes an ideal home with additional rental income or investment property. Both units are currently leased through April 2018.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 12/12/2017

Last Buyer's Agent

Team Spottswood/Vazquez

Truman & Co. (KW)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,511

Year Built

  • Built in 1965

Home Design

  • Duplex

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio
  • Shed

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • Accessible Parking
  • 5,000 Sq Ft Lot

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00047290-000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Key West Realty Cos Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,511

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 1
  • 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 East
  • Limited Representation: No
  • 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: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 4510.55
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1965
  • Alternate Key Number: 1047902
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1374.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Window Treatments
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Range, Oven, Microwave, Dryer
  • Floor: Tile
  • Windows/Doors: Glass Doors
  • Total Bedrooms: 4
  • Accessibility Features: Parking

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Shed, Storage
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00047290-000000
  • Lot Size: 50 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
Jun 17, 2020
Sold by
1913 Seidenberg Ave Llc
Bought by
Foley Robert H
Seller's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
Buyer's Agent
Curtis Skomp, CCIM
Coldwell Banker Schmitt/Branch (KW)
List Price
$679,000
Sold Price
$625,000
Premium/Discount to List
-$54,000
-7.95%
Current Estimated Value
$1,045,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,242
Avg. Annual Appreciation
11.82%

Purchase Details

Listed on
Dec 12, 2017
Closed on
Jan 29, 2018
Sold by
Macdonald Okeith D and Taylor Caroline T
Bought by
1913 Sciedenberg Ave Lllc
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
List Price
$599,000
Sold Price
$594,000
Premium/Discount to List
-$5,000
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%

Purchase Details

Listed on
Apr 26, 2012
Closed on
Aug 29, 2012
Sold by
Centennial Bank
Bought by
Macdonald Keith D and Taylor Caroline T
Seller's Agent
Jimmy Lane
Island Life Realty Experts
Buyer's Agent
Paul Hayes
Beach Club Brokers (KW)
List Price
$330,000
Sold Price
$335,000
Premium/Discount to List
$5,000
1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.19%
Original Mortgage
$326,507
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2011
Bought by
Macdonald Keith D

Purchase Details

Closed on
Dec 15, 2011
Sold by
Key West Investment Group Llc and Vazquez Raymond
Bought by
Marine Bank and Marine Bank Of The Florida Keys

Purchase Details

Closed on
Aug 6, 2007
Sold by
Hughes Erica N and Sterling Randall B
Bought by
Vazquez Raymond and Perez Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2005
Sold by
Hughes Erica N and Sterling Randall B
Bought by
Vasquez Raymond and Perez Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1971
Bought by
Macdonald Keith D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $625,000 Attorney
Warranty Deed $594,000 Attorney
Special Warranty Deed $335,000 Attorney
Certificate Of Transfer $100 --
Trustee Deed -- None Available
Warranty Deed -- Attorney
Warranty Deed $750,000 --
Warranty Deed $586,000 --
Deed $22,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $95,000 Commercial
Previous Owner $326,507 FHA
Previous Owner $825,000 Commercial
Previous Owner $200,000 Credit Line Revolving
Previous Owner $551,250 Commercial
Closed $110,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2020 06/17/20 Sold $625,000 -8.0% $455 / Sq Ft
04/15/2020 04/15/20 For Sale $679,000 +14.3% $494 / Sq Ft
01/29/2018 01/29/18 Sold $594,000 -0.8% $432 / Sq Ft
12/28/2017 12/28/17 Pending -- -- --
12/12/2017 12/12/17 For Sale $599,000 +78.8% $436 / Sq Ft
09/06/2012 09/06/12 Sold $335,000 +1.5% $244 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $330,000 -- $240 / 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 $6,868 $776,535 $460,000 $316,535
2023 $6,868 $763,639 $455,000 $308,639
2022 $6,250 $702,167 $390,000 $312,167
2021 $5,785 $562,943 $297,500 $265,443
2020 $5,648 $563,455 $295,000 $268,455
2019 $5,179 $492,609 $223,750 $268,859
2018 $4,889 $480,406 $250,000 $230,406
2017 $4,545 $441,979 $0 $0
2016 $4,511 $434,279 $0 $0
2015 $4,181 $364,810 $0 $0
2014 $3,845 $289,448 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 577851

Florida Keys Board of REALTORS®

APN: 00047290-000000