NOT LISTED FOR SALE

Estimated Value: $907,904 - $1,023,000

2 Beds
1 Bath
760 Sq Ft
5 Acres

Last Sold April 19, 2024

Last sale price $910,000 $1,197 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,949/month

21 Days on Market

About This Home

As of April 2024

Rare oversized Shipyard condo is now for sale! This is one of only three upstairs condos that have an expanded floor plan and two large covered porches. Wonderfully updated and renovated, this special place has bamboo floors throughout the living area, ceramic tile in the nicely updated bathroom and vinyl flooring in the remodeled kitchen area. Privacy and security are provided with every window and door being impact rated. A convenient pull down ladder allows easy access to attic storage. Nicely located two blocks from Duval St, and Truman Waterfront Park and a short walk to Ft Zachary Taylor state park and Mallory Square this place has it all. A full furniture/furnishings package and excellent future rentals will convey to the Buyer. Special Truman Annex Vacation Rental license conveys with the property. If you're looking for the perfect piece of Paradise you have found it at this Shipyard Treasure. Call for your private showing today!

Last Agent to Sell the Property

Mike Caron

Keller Williams Key West Compass Realty License #3157326 Listed on: 03/11/2024

Keller Williams Key West Compass Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,811

Year Built

1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 1130.00
  • Mandatory HOA: Yes
  • Document Count: 1
  • Fee Includes: Cable, Security, Common Area Mnt, Building Insurance, Bldg Exterior Mnt
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Truman Annex
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 6811.32
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1991
  • Alternate Key Number: 8779101
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Pool Info: In Ground, Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • License Info Number Of City License: 1
  • License Info Number Of County 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: 760.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • 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: Smoke Alarms, Window Treatments, Quartz Countertops, Pull Down Stairs
  • Floor Number: 2.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood, Vinyl
  • Windows/Doors: French Doors, Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 2
  • Sq Ft Remarks: Buyer to confirm square footage.

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame, Hardi Board Siding
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Electric Gate, Patrolled Area
  • Utilities: FKAA, Elect Separate Meter
  • Heating: Heat Pump

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00013180-000204
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Apr 19, 2024
Sold by
Wehr Stephen E and Wehr Karla A
Bought by
Key West Island Vacation Rental Llc
Seller's Agent
Mike Caron
Keller Williams Key West Compass Realty
Buyer's Agent
Creative Technology
List Price
$929,000
Sold Price
$910,000
Premium/Discount to List
-$19,000
-2.05%
Views
69
Current Estimated Value
$974,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,226
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Sep 27, 2014
Sold by
Wehr Stephen E and Wehr Karla A
Bought by
Wehr Stephen E and Wehr Karla A

Purchase Details

Closed on
Jul 10, 2008
Sold by
Spendley Rosanne
Bought by
Wehr Stephen E and Wehr Karla A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2004
Sold by
Sunset Cottages Llc
Bought by
Spendley Rosanne

Purchase Details

Closed on
Jan 3, 2003
Sold by
Carmack Robert E and Carmack Danies
Bought by
Sunset Cottages Llc

Purchase Details

Closed on
Mar 28, 2001
Bought by
Wehr Stephen E And Karla A Revocable Living T

Purchase Details

Closed on
Oct 1, 1997
Bought by
Wehr Stephen E And Karla A Revocable Living T

Purchase Details

Closed on
Nov 1, 1990
Bought by
Wehr Stephen E And Karla A Revocable Living T
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
Key West Island Vacation Rental Llc $910,000 None Listed On Document
Wehr Stephen E -- None Available
Wehr Stephen E $510,000 Chicago Title Fl Keys Inc
Spendley Rosanne $567,000 Chicago Title Florida Keys
Sunset Cottages Llc -- --
Wehr Stephen E And Karla A Revocable Living T $239,000 --
Wehr Stephen E And Karla A Revocable Living T $171,000 --
Wehr Stephen E And Karla A Revocable Living T $111,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wehr Stephen E $403,000
Previous Owner Wehr Stephen E $408,000
Previous Owner Spendley Rosanne E $100,000
Previous Owner Carmack Robert E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $910,000 -2.0% $1,197 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $929,000 -- $1,222 / 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 $6,811 $819,507 -- $819,507
2023 $6,811 $785,438 $0 $785,438
2022 $6,062 $686,746 $0 $686,746
2021 $5,817 $615,401 $0 $615,401
2020 $5,797 $615,401 $0 $615,401
2019 $5,726 $602,146 $0 $602,146
2018 $5,559 $571,477 $0 $0
2017 $5,857 $635,914 $0 $0
2016 $5,849 $635,914 $0 $0
2015 $5,114 $470,592 $0 $0
2014 $5,309 $470,592 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 609159

Key West Association of REALTORS®

APN: 00013180-000204