NOT LISTED FOR SALE

Estimated Value: $899,262

2 Beds
1 Bath
604 Sq Ft
5 Acres

Last Sold January 03, 2024

Last sale price $937,000 $1,551 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,469/month

185 Days on Market

About This Home

As of January 2024

Recently upgraded, FURNISHED, ground floor unit. Immaculate condition ! Must see ! Two Bedroom/one Bathroom Shipyard Condominium located in Old Town, Key West at the Truman Annex complex. New appliances, new floors, new awning over outdoor seating area and a newly remodeled bathroom ! Low maintenance decking, grilling station, and tropical landscaping. Assigned parking just steps away from your front door. Great location close to the Truman Waterfront park, the beaches of Ft. Zachary Taylor and all the restaurants and attractions Duval Street has to offer. The Shipyard also features a heated swimming pool and gated entry. The available special Annex Transient rental license allows for 25 weekly vacation rentals and unlimited monthly rentals per year.

Last Agent to Sell the Property

Randy Moss

Coldwell Banker Schmitt Real Estate Co. (KW) License #3284733 Listed on: 05/21/2023

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Emily Lombard

Buy The Keys (KW)

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,028

Year Built

1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 1031.00
  • Mandatory HOA: Yes
  • Fee Includes: Cable, Other, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 4771.00
  • Vehicle Storage: Assigned Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1991
  • Alternate Key Number: 8778767
  • Cooling Heating: Central Air
  • Pool Info: In Ground
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 604.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Windows/Doors: French Doors, Aluminum Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Combo Construction
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate
  • Utilities: Municipal Sewer
  • Heating: Central

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00013180-000131
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2023
Closed on
Jan 2, 2024
Sold by
Haymaker Marcy A
Bought by
Gaines Rebecca K and Gaines James A
Seller's Agent
Randy Moss
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Emily Lombard
Buy The Keys (KW)
List Price
$949,000
Sold Price
$937,000
Premium/Discount to List
-$12,000
-1.26%
Views
171
Current Estimated Value
$899,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,738
Avg. Annual Appreciation
1.46%
Original Mortgage
$749,600
Outstanding Balance
$740,518
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$218,117

Purchase Details

Listed on
Oct 30, 2020
Closed on
Nov 25, 2020
Sold by
Walls Albert S
Bought by
Haymaker Marcy A
Seller's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Sarah Bixby
Century 21 Circle - Key West
List Price
$619,000
Sold Price
$619,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%
Original Mortgage
$495,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2003
Sold by
Stuursma James R and Stuursma Ann M
Bought by
Walls Albert R

Purchase Details

Closed on
Jun 21, 2002
Sold by
Steve A Anderson M and Erika G Anderson M
Bought by
Stuursma James R and Tuursma Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2000
Sold by
Faber Richard F and Faber Raynor C
Bought by
Anderson Steven A and Anderson Erika G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
8.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 1998
Sold by
Mullins James and Mullins Elizabetth
Bought by
Faber Richard F and Faber Raynor C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1995
Sold by
Hoffman Lloyd O and Hoffman Joann E
Bought by
Mullins Elizabeth and Mullins James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.86%

Purchase Details

Closed on
Oct 1, 1990
Bought by
Walls Albert R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gaines Rebecca K $937,000 None Listed On Document
Haymaker Marcy A $619,000 Attorney
Walls Albert R $359,900 --
Stuursma James R $275,000 --
Anderson Steven A $220,000 --
Faber Richard F $187,000 --
Mullins Elizabeth $150,000 --
Walls Albert R $112,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaines Rebecca K $749,600
Previous Owner Haymaker Marcy A $495,200
Previous Owner Faber Richard F $220,000
Previous Owner Faber Richard F $176,000
Previous Owner Faber Richard F $148,000
Previous Owner Mullins Elizabeth $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $937,000 -1.3% $1,551 / Sq Ft
11/19/2023 11/19/23 For Sale $949,000 +1.3% $1,571 / Sq Ft
08/25/2023 08/25/23 Off Market $937,000 -- --
08/14/2023 08/14/23 Price Changed $1,024,000 -2.4% $1,695 / Sq Ft
07/16/2023 07/16/23 Price Changed $1,049,000 -2.3% $1,737 / Sq Ft
06/23/2023 06/23/23 Price Changed $1,074,000 -2.3% $1,778 / Sq Ft
06/07/2023 06/07/23 For Sale $1,099,000 +17.3% $1,820 / Sq Ft
05/23/2023 05/23/23 Off Market $937,000 -- --
05/21/2023 05/21/23 For Sale $1,099,000 +77.5% $1,820 / Sq Ft
11/25/2020 11/25/20 Sold $619,000 0.0% $1,025 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $619,000 -- $1,025 / Sq Ft
Source: Key West Association 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 $6,028 $816,302 -- $816,302
2023 $6,028 $782,316 $0 $782,316
2022 $4,970 $548,085 $0 $548,085
2021 $5,077 $530,937 $0 $530,937
2020 $5,059 $530,937 $0 $530,937
2019 $4,900 $508,427 $0 $508,427
2018 $4,757 $482,421 $0 $0
2017 $4,596 $462,732 $0 $0
2016 $4,584 $462,732 $0 $0
2015 $4,150 $373,997 $0 $0
2014 $4,305 $373,997 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 605399

Key West Association of REALTORS®

APN: 00013180-000131