NOT LISTED FOR SALE

Estimated Value: $844,000 - $912,000

2 Beds
1 Bath
646 Sq Ft
5 Acres

Last Sold February 02, 2024

Last sale price $850,000 $1,316 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,314/month

80 Days on Market

About This Home

As of February 2024

Take a look at Pelican, a wonderfully furnished and renovated upstairs Shipyard condo. This 2 bedroom/1 bathroom unit is perfectly set up for you to enjoy all that Key West has to offer AND realize some great rental income when you are not here. The ''beachy'' feel of the place is complimented by the improvements made including all impact windows and doors for safety and peace and quiet, new stainless fridge and stove with granite countertops, new A/C and hot water heater and smart TV's throughout the place. Have your morning coffee on the rear balcony with a beautiful tropical view of the gardens. Then jump in the pool which is just a few steps away. All you need are your flip flops, bathing suit and tooth brush, everything else is already there. Make this your own ''piece of Paradise''.

Last Agent to Sell the Property

Mike Caron

Keller Williams Key West Compass Realty License #3157326 Listed on: 11/07/2023

Keller Williams Key West Compass Realty

Last Buyer's Agent

J. Michael Caron

Compass Realty (KW)

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,123

Year Built

1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • First Right of Refusal: No
  • Association Fee: 1015.00
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 5447.80
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking, Off Street Parking
  • Year Built: 1991
  • Alternate Key Number: 8779321
  • Cooling Heating: Central Air, Ceiling Fans(s), Heat Pump
  • Pool Info: In Ground, Decked, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck
  • Association Maintenance Fee Per: Monthly
  • License Info Number Of City License: 1
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 646.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Granite Counter Top
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Security: Electric Gate, Patrolled Area
  • Utilities: FKAA, Municipal Sewer
  • Heating: Heat Pump

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00013180-000245
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Feb 2, 2024
Sold by
Spk Properties Llc
Bought by
Herbst Emily and Herbst Erik
Seller's Agent
Mike Caron
Keller Williams Key West Compass Realty
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%
Views
184
Current Estimated Value
$877,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,464
Avg. Annual Appreciation
2.42%
Original Mortgage
$637,500
Outstanding Balance
$629,314
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$252,197

Purchase Details

Listed on
Jan 27, 2017
Closed on
Oct 18, 2017
Sold by
Masalamo Llc
Bought by
Spk Properties Llc
Seller's Agent
Scott Forman
Royal Palms Realty (KW)
Buyer's Agent
J. Michael Caron
Compass Realty (KW)
List Price
$619,000
Sold Price
$605,000
Premium/Discount to List
-$14,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%

Purchase Details

Closed on
Mar 14, 2014
Sold by
Roy Carl W and Sherwood Geoffrey B
Bought by
Masalamo Llc

Purchase Details

Closed on
Sep 17, 2007
Sold by
Johnson Wesley R
Bought by
Roy Ii Carl W and Sherwood Geoffrey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2005
Sold by
Johnson Wesley R
Bought by
Johnson Wesley R

Purchase Details

Closed on
Jul 11, 2000
Sold by
Welsh Thomas H
Bought by
Stevenson Richard C and Johnson Wesley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,700
Interest Rate
8.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 1999
Sold by
Greenwood Mary
Bought by
Welsh Thomas H

Purchase Details

Closed on
Sep 1, 1990
Bought by
Masalamo Llc
Source: Public Records

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
Herbst Emily $850,000 None Listed On Document
Spk Properties Llc $605,000 Bonnie A Brown
Masalamo Llc $535,000 Attorney
Roy Ii Carl W $560,000 Attorney
Johnson Wesley R -- --
Stevenson Richard C $193,000 --
Welsh Thomas H $193,000 --
Masalamo Llc $110,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herbst Emily $637,500
Closed Herbst Emily Jean $637,500
Previous Owner Roy Ii Carl W $400,000
Previous Owner Welsh Thomas H $172,102
Previous Owner Welsh Thomas H $173,700
Previous Owner Welsh Thomas H $173,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $850,000 -2.9% $1,316 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
11/07/2023 11/07/23 For Sale $875,000 +44.6% $1,354 / Sq Ft
10/18/2017 10/18/17 Sold $605,000 -2.3% $890 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $619,000 -- $910 / 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 $6,123 $744,744 -- $744,744
2023 $6,123 $713,252 $0 $713,252
2022 $5,448 $621,647 $0 $621,647
2021 $5,182 $542,913 $0 $542,913
2020 $5,163 $542,913 $0 $542,913
2019 $5,202 $542,728 $0 $542,728
2018 $5,045 $514,437 $0 $0
2017 $4,592 $455,843 $0 $0
2016 $4,738 $455,843 $0 $0
2015 $4,410 $400,003 $0 $0
2014 $4,576 $400,003 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 607331

Key West Association of REALTORS®

APN: 00013180-000245