2 Fletcher Ln Key West, FL 33040
Old Town NeighborhoodEstimated Value: $1,819,677 - $2,644,000
3
Beds
3.5
Baths
1,875
Sq Ft
$1,221/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Cathedral Ceiling
- Furnished
- Concrete Pool
- Wood Flooring
- 3-minute walk to Dry Tortugas National Park
About This Home
As of August 2014Wonderful, turn-key, 2 story Old Town home with beautiful Brazilian cherry floors, custom kitchen cabinets & Dade County pine walls. Obviously built by a ship builder, you can feel the custom woodwork quality throughout. Each bedroom enjoys lots of privacy with a split floor plan plus a guest cottage. Totaling 3 bedrooms & 3.5 baths with a great room that opens completely to the outdoors. Tropical landscaping and new Trex decking surround the heated pool & spa. The third bedroom cottage can double as guest quarters or a bar entertaining area with accordion style windows that open it up completely. Fully fenced for privacy & located between Grinnell & Margaret Streets, you can walk to everything from this unique property.
Last Listed By
Truman & Co. (KW) Brokerage Phone: 305-587-3407 License #161619 Listed on: 07/30/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,281
Year Built
- Built in 1924
Lot Details
- 2,069 Sq Ft Lot
- Fenced
- Property is zoned HMDR - Historic Medium Density Residential
Home Design
- Frame Construction
- Metal Roof
Interior Spaces
- 1,875 Sq Ft Home
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Awning
- Blinds
- French Doors
- Sliding Doors
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Pool
- Concrete Pool
- Heated In Ground Pool
- Spa
- Heated Above Ground Pool
Additional Features
- Patio
- Detached Guest House
- Central Air
Community Details
- No Home Owners Association
- Old Town Unlisted Subdivision
Listing and Financial Details
- Homestead Exemption
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 9, 2015
Sold by
Warne Thomas E
Bought by
Warne Thomas E and Thomas E Warne Revocable Living Trust
Total Days on Market
391
Current Estimated Value
Purchase Details
Listed on
Jul 30, 2013
Closed on
Aug 27, 2014
Sold by
Williams Terry Dean and Walker Gary Ray
Bought by
Warne Thomas E
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Richard Robinson
Key West Real Estate Sales & Rentals, LLC (KW)
List Price
$1,123,000
Sold Price
$880,000
Premium/Discount to List
-$243,000
-21.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$704,000
Outstanding Balance
$550,087
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,464,361
Purchase Details
Closed on
Aug 20, 2002
Bought by
Warne Thomas E Revocable Living Trust
Purchase Details
Closed on
Aug 17, 1998
Bought by
Warne Thomas E Revocable Living Trust
Purchase Details
Closed on
Jun 1, 1996
Bought by
Warne Thomas E Revocable Living Trust
Purchase Details
Closed on
Feb 1, 1991
Bought by
Warne Thomas E Revocable Living Trust
Purchase Details
Closed on
Feb 1, 1977
Bought by
Warne Thomas E Revocable Living Trust
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Similar Homes in Key West, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Warne Thomas E | -- | Attorney | |
| Warne Thomas E | $880,000 | Attorney | |
| Warne Thomas E Revocable Living Trust | $19,600 | -- | |
| Warne Thomas E Revocable Living Trust | $365,000 | -- | |
| Warne Thomas E Revocable Living Trust | $326,500 | -- | |
| Warne Thomas E Revocable Living Trust | $235,000 | -- | |
| Warne Thomas E Revocable Living Trust | $25,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Warne Thomas E | $704,000 | |
| Previous Owner | Williams Terry Dean | $21,220 | |
| Previous Owner | Williams Terry Dean | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2014 08/27/14 | Sold | $880,000 | -21.6% | $469 / Sq Ft |
| 08/25/2014 08/25/14 | Pending | -- | -- | -- |
| 07/30/2013 07/30/13 | For Sale | $1,123,000 | -- | $599 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History Compared to Growth
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 | $9,435 | $1,395,368 | $938,563 | $456,805 |
| 2023 | $9,435 | $1,219,455 | $786,737 | $432,718 |
| 2022 | $8,255 | $1,020,907 | $583,151 | $437,756 |
| 2021 | $7,626 | $821,987 | $436,501 | $385,486 |
| 2020 | $7,430 | $805,730 | $411,772 | $393,958 |
| 2019 | $6,832 | $727,581 | $373,815 | $353,766 |
| 2018 | $6,711 | $699,238 | $340,459 | $358,779 |
| 2017 | $6,913 | $708,958 | $0 | $0 |
| 2016 | $8,117 | $793,470 | $0 | $0 |
| 2015 | $7,886 | $748,612 | $0 | $0 |
| 2014 | -- | $510,864 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Terri Spottswood
Seller's Agent in 2014
Terri Spottswood
Truman & Co. (KW)
(305) 395-2360
122 in this area
351 Total Sales
-
Richard Robinson
R
Buyer's Agent in 2014
Richard Robinson
Key West Real Estate Sales & Rentals, LLC (KW)
2 in this area
4 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 118389
APN: 00005530-000000
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