NOT LISTED FOR SALE

Estimated Value: $1,158,078 - $1,449,000

3 Beds
1 Bath
980 Sq Ft
$1,305/Sq Ft Est. Value

Last Sold March 20, 2012

Last sale price $470,000 $480 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $7,640/month

52 Days on Market

Highlights

  • Key West Architecture
  • Granite Countertops
  • Some Wood Windows
  • Wood Flooring
  • No HOA
  • Laundry Room

About This Home

As of March 2012

Adorable Conch cottage on a very private walking lane in the heart of Old Town Key West. Steps from several great restaurants, shops and attractions,this home has been tastefully renovated and is full of Key West charm and color. The perfect tranquil vacation retreat, ready for the savvy buyer who enjoys the pleasures of exploring our unique Historic District. Move in and enjoy.

Last Listed By

Walter Schmida

Preferred Properties (KW) License #630944 Listed on: 01/09/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,983

Year Built

  • Built in 1928

Lot Details

  • 1,132 Sq Ft Lot
  • Fenced
  • Property is zoned HHDR - Historic High Density Residential

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 980 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Range
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Old Town Unlisted Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00008040-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,983

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • M L S Identifier: 20060123165453488875000000
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 2983.19
  • Title: Negotiable
  • Year Built: 1928
  • Alternate Key Number: 1008303
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 1132.00
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 980.00
  • Pre Wired: Cable
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Pantry, Window Treatments, Smoke Alarms, Granite Counter Top
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Range, Refrigerator
  • Floor: Tile, Wood
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Wood Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Shed, Rain Gutters
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00008040-000000
  • Lot Size: 27X42
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.03

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2012
Closed on
Mar 20, 2012
Sold by
Miller Constance N
Bought by
Machetin Holdings Llc
Seller's Agent
Walter Schmida
Preferred Properties (KW)
Buyer's Agent
Rose Sanchez
Century 21 All Keys Inc (KW)
List Price
$489,000
Sold Price
$470,000
Premium/Discount to List
-$19,000
-3.89%
Total Days on Market
52
Current Estimated Value
$1,278,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$808,770

Purchase Details

Closed on
Mar 25, 2010
Sold by
Holmes Ronald
Bought by
Borner Wesley F and Freeburg Sharon L

Purchase Details

Closed on
Jan 17, 2002
Sold by
Wesley F Borner I
Bought by
Miller Constance N

Purchase Details

Closed on
Mar 16, 2000
Sold by
Foley Matthew J and Domingo Santo Domingo
Bought by
Borner Wesley F and Freeburg Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
8.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 1998
Sold by
Corsano Cosimo
Bought by
Foley Matthew

Purchase Details

Closed on
Mar 10, 1998
Sold by
Holmes Dennis J
Bought by
Foley Matthew J and Corsano Cosimo

Purchase Details

Closed on
Nov 17, 1995
Sold by
Ingraham Iola Isabel Rogers and Ingraham Ruller R
Bought by
Holmes Dennis J

Range of Values:

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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
Machetin Holdings Llc $470,000 First American Title Ins Co
Miller Constance N $289,000 --
Borner Wesley F $259,000 --
Foley Matthew -- --
Foley Matthew J $215,000 --
Holmes Dennis J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holmes Dennis J $0
Previous Owner Holmes Dennis J $216,000
Previous Owner Holmes Dennis J $207,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2012 03/20/12 Sold $470,000 -3.9% $480 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $489,000 -- $499 / 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 $6,598 $924,300 $592,220 $332,080
2023 $6,598 $824,458 $507,669 $316,789
2022 $5,830 $705,192 $384,653 $320,539
2021 $5,385 $566,089 $284,498 $281,591
2020 $5,525 $584,335 $282,321 $302,014
2019 $5,748 $604,573 $295,237 $309,336
2018 $5,575 $573,155 $261,999 $311,156
2017 $5,649 $576,930 $0 $0
2016 $5,521 $544,359 $0 $0
2015 $5,106 $470,803 $0 $0
2014 $4,995 $465,941 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 115870

Florida Keys Board of REALTORS®

APN: 00008040-000000