NOT LISTED FOR SALE

Estimated Value: $921,000 - $1,095,000

5 Beds
3 Baths
1,592 Sq Ft
$632/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $560,000 $352 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,064/month

78 Days on Market

Highlights

  • A-Frame Home
  • Impact Glass
  • Central Air
  • No HOA
  • Terrazzo Flooring

About This Home

As of September 2018

Great corner lot location in Mid Town Key West. The 5 bedroom 3 bath floor plan offers several different options. The main section of the home reflects 3 bedrooms and 2 baths, kitchen and living area. The north wing of the home features 2 bedrooms, 1 bath, wet bar with new granite countertop and an additional family room. (The North wing could be used as a lock out.) For added convenience, washer/dryer units, and Refrigerators can be found in both areas of the Home. Some of the highlighted features of the home are as follows: security system, new electric, new flooring, new central air in 2015,, Hurricane impact windows, roof in 2013, and a large storage shed with electric service. Privacy is provided by the new vinyl fencing with 2 separate gated entrances, flood lights and brick paved

Last Listed By

Louis Paez

Coldwell Banker Schmitt Real Estate Co. (KW) License #3029661 Listed on: 06/07/2018

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,985

Year Built

  • Built in 1953

Lot Details

  • 5,000 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • A-Frame Home
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,592 Sq Ft Home
  • Single Hung Windows
  • Impact Glass
  • Oven

Flooring

  • Laminate
  • Terrazzo

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Other Tax Exemptions
  • Assessor Parcel Number 00049230-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,985

Year Built

Built in 1953

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: Other
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Median
  • State Province: FL
  • Taxes: 1985.28
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1953
  • Alternate Key Number: 1049824
  • Building Style: A-Frame
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5000.00
  • Species List: No
  • Tax Exemptions: Disability, Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1592.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: More Appliances, Refrigerator, Oven
  • Floor: Laminate, Terrazzo
  • Windows/Doors: Impact Rstnce Window, Single Hung Windows
  • Total Bedrooms: 5

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction, Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00049230-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2022
Sold by
Fils Aime Yves and Aime Rosemathe
Bought by
Aime Lareau Fils and Nere Marie D
Total Days on Market
78
Current Estimated Value
$1,005,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Outstanding Balance
$506,808
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$498,551

Purchase Details

Listed on
Jun 7, 2018
Closed on
Sep 17, 2018
Sold by
Gerich Anthony M and Kay Holly
Bought by
Aime Lareau Fils and Nere Marie D
Seller's Agent
Louis Paez
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$538,257
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 7, 2018
Closed on
Sep 14, 2018
Sold by
Gerich Anthony M and Gerich Holly Kay
Bought by
Aime Lareau Fils and Nere Marie D Fils Aime
Seller's Agent
Louis Paez
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Dan Serban
Florida Keys Realty Group, LLC (KW)
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,257
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2007
Sold by
Paxson Deborah A and Paxson Wayne D
Bought by
Gerich Anthony M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2006
Sold by
Sawyer Barbara
Bought by
Rivas Charles F and Rivas Deborah A

Purchase Details

Closed on
May 1, 1982
Bought by
Gerich Anthony M and Gerich Holly Kay

Purchase Details

Closed on
Nov 1, 1978
Bought by
Gerich Anthony M and Gerich Holly Kay

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
Aime Lareau Fils $166,000 Closing Department Inc
Aime Lareau Fils $560,000 None Listed On Document
Aime Lareau Fils $560,000 Attorney
Aime Lareau Fils $560,000 None Listed On Document
Gerich Anthony M -- None Available
Rivas Charles F -- None Available
Gerich Anthony M $50,000 --
Gerich Anthony M $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aime Lareau Fils $529,000
Previous Owner Aime Lareau Fils $538,257
Previous Owner Aime Lareau Fils $538,257
Previous Owner Gerich Anthony Mark $35,000
Previous Owner Gerich Anthony M $58,000
Previous Owner Gerich Anthony M $392,200
Previous Owner Gerich Anthony M $356,250
Previous Owner Gerich Anthony M $330,867
Previous Owner Gerich Anthony M $345,136
Previous Owner Gerich Anthony M $306,000
Previous Owner Gerich Anthony M $277,900
Previous Owner Gerich Anthony M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $560,000 -6.5% $352 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $599,000 -- $376 / 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 $5,231 $629,480 -- --
2023 $5,231 $611,146 $0 $0
2022 $4,581 $574,205 $0 $0
2021 $4,377 $491,632 $0 $0
2020 $4,345 $489,602 $0 $0
2019 $4,146 $463,420 $290,000 $173,420
2018 $2,411 $263,198 $0 $0
2017 $2,396 $257,785 $0 $0
2016 $2,457 $252,483 $0 $0
2015 $2,506 $250,728 $0 $0
2014 $2,518 $243,773 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 580508

Florida Keys Board of REALTORS®

APN: 00049230-000000