NOT LISTED FOR SALE

Estimated Value: $697,367 - $830,000

3 Beds
1 Bath
850 Sq Ft
$893/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $404,000 $475 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,509/month

8 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Fenced
  • No HOA
  • Shed

About This Home

As of October 2018

Take advantage of this reasonably priced post war home that's truly priced to sell. Presently the least expensive 3 bedroom single family home in all of Key West, the property offers a centralized Mid Town location with Old Town nearby. The completely fenced 5000 sq. ft. corner lot has substantial non impervious coverage potentially allowing for many possibilities like expansion, a pool or development. Additional photos coming soon. Only $415,000 to own your Key West home!

Last Listed By

Vic Musmanno

Coldwell Banker Schmitt Real Estate Co. (KW) License #673105 Listed on: 08/08/2018

Coldwell Banker Schmitt Real Estate Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,264

Year Built

  • Built in 1949

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced
  • Property is zoned MDR-1 - Medium Desnity Residential

Parking

  • Off-Street Parking

Home Design

  • 850 Sq Ft Home
  • Frame Construction

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Other Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,264

Year Built

Built in 1949

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: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Limited Representation: No
  • Mile Marker: 3.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 1263.78
  • Vehicle Storage: Off Street Parking
  • Year Built: 1949
  • Alternate Key Number: 1049751
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Patio
  • Tax Exemptions: Homestead, Widow/Widower
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 850.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: No Appliances
  • Floor: Tile, Wood
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Shed, Storage
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Cable Available, Municipal Sewer, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: No
  • Lot Size: 50 x 100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: Yes

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
Oct 10, 2018
Sold by
Mcwey Francis E
Bought by
Claridge Marley A and Stachurski Ryan M
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$415,000
Sold Price
$404,000
Premium/Discount to List
-$11,000
-2.65%
Total Days on Market
8
Current Estimated Value
$759,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,092
Avg. Annual Appreciation
9.93%
Original Mortgage
$0
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2018
Closed on
Oct 1, 2018
Sold by
Mcwey Francis E
Bought by
Claridge Marley A and Stachurski Ryan M
Seller's Agent
Vic Musmanno
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
List Price
$415,000
Sold Price
$404,000
Premium/Discount to List
-$11,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2007
Sold by
Mcwey Francis E and Mcwey Aenne
Bought by
Mcwey Francis E and Mcwey Aenne

Purchase Details

Closed on
Sep 8, 1995
Sold by
Gerou Gregory S and Gerou Ilona
Bought by
Mcwey Francis E and Mcwey Aenne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.76%

Purchase Details

Closed on
Jul 1, 1985
Bought by
Mcwey Francis E L and Mcwey E

Purchase Details

Closed on
Mar 1, 1984
Bought by
Mcwey Francis E L and Mcwey E

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
Claridge Marley A $404,000 None Listed On Document
Claridge Marley A $404,000 None Listed On Document
Mcwey Francis E -- Attorney
Mcwey Francis E $130,000 --
Mcwey Francis E L $65,000 --
Mcwey Francis E L $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stachurski Ryan M $389,500
Closed Claridge Marley A $0
Previous Owner Mcwey Francis E $544,185
Previous Owner Mcwey Francis E $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $404,000 -2.7% $475 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $415,000 -- $488 / 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 $3,124 $369,871 -- --
2023 $3,124 $359,099 $0 $0
2022 $2,986 $348,640 $0 $0
2021 $3,036 $338,486 $267,750 $70,736
2020 $3,013 $337,145 $265,500 $71,645
2019 $3,359 $333,554 $261,000 $72,554
2018 $1,301 $140,091 $0 $0
2017 $1,290 $137,210 $0 $0
2016 $1,309 $134,388 $0 $0
2015 $1,336 $133,454 $0 $0
2014 $1,360 $132,395 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 581418

Florida Keys Board of REALTORS®

APN: 00049160-000000