NOT LISTED FOR SALE

Estimated Value: $656,000 - $956,000

2 Beds
1 Bath
838 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold May 02, 2019

Last sale price $600,000 $716 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,110/month

19 Days on Market

Highlights

  • Concrete Pool
  • Wood Flooring
  • No HOA
  • Deck
  • Furnished
  • Gazebo

About This Home

As of May 2019

Open the gate and stroll through the lush gardens of this beautiful 2 bedroom 1 bath cottage. This home is in move in condition with an updated kitchen and bath. There is a screened- in porch, a covered outdoor pavilion with an entertainment center, pool table and bar, and there is a large storage shed with a washer and dryer. The bright sunny patio and the beautifully landscaped garden surround a relaxing private pool. This home has been a successful monthly rental for several years and is being sold furnished.

Last Listed By

Mitzi Krabill

Truman & Co. (KW) License #402460 Listed on: 12/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,284

Year Built

  • Built in 1953 | Remodeled

Lot Details

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

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 838 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Some Wood Windows
  • Double Hung Windows

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Screened Balcony
  • Deck
  • Exterior Lighting
  • Gazebo

Location

  • Ground Level

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00047540-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,284

Year Built

Built in 1953 | Remodeled

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
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3283.94
  • Title: Negotiable
  • Year Built: 1953
  • Alternate Key Number: 1048151
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 5000.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Deck, Screened P/B
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 838.00
  • Pre Wired: Cable
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Oven, Dryer, Disposal
  • Floor: Tile, Wood
  • Specialty Rooms: Other
  • Windows/Doors: Double Hung Windows, Wood Windows
  • Total Bedrooms: 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Gazebo, Privacy Wall/Fence, Outdoor Shower, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00047540-000000
  • Lot Size: 50'x100'
  • Land Size: 1/2 - Less Than 1 AC
  • Acres: 0.11

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2018
Closed on
May 8, 2019
Sold by
Global Nomads 2105 Seidenberg Key West L
Bought by
Mcelderry James R and Mcelderry Rene Romo
Seller's Agent
Mitzi Krabill
Truman & Co. (KW)
Buyer's Agent
Ronald Hammer
Key West Properties (KW)
List Price
$622,000
Sold Price
$600,000
Premium/Discount to List
-$22,000
-3.54%
Total Days on Market
19
Current Estimated Value
$845,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,955
Avg. Annual Appreciation
5.81%
Original Mortgage
$400,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2018
Closed on
May 2, 2019
Sold by
Global Nomads 2105 Seidenberg Key West L
Bought by
Mcelderry James R and Mcelderry Rene Romo
Seller's Agent
Mitzi Krabill
Truman & Co. (KW)
Buyer's Agent
Ronald Hammer
Key West Properties (KW)
List Price
$622,000
Sold Price
$600,000
Premium/Discount to List
-$22,000
-3.54%

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
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2011
Sold by
Olsen Carl James and Olsen Inger
Bought by
Global Nomads 2105 Seidenberg Key West L

Purchase Details

Closed on
May 26, 2004
Sold by
Olsen Carl James and Olson Inger
Bought by
Olsen Carl James and Olsen Inger

Purchase Details

Closed on
Dec 8, 2003
Sold by
Olsen Carl J and Olsen Inger
Bought by
Olsen Carl James and Olsen Inger

Purchase Details

Closed on
Oct 15, 2003
Sold by
Ferrari Anthony David and Cooke James T
Bought by
Olsen Inger and Olsen Carl J

Purchase Details

Closed on
Aug 31, 2001
Sold by
Oliver L Long M and Janice J Long M
Bought by
Ferrari Anthony D and Cooke James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 1996
Sold by
Hinde Hugh H
Bought by
Bailey Ronald E

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
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1973
Bought by
Global Nomads 2105 Seidenberg Key West Llc

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
Mcelderry James R $600,000 None Listed On Document
Mcelderry James R $600,000 Attorney
Mcelderry James R $600,000 None Listed On Document
Global Nomads 2105 Seidenberg Key West L $375,000 Attorney
Olsen Carl James $54,000 --
Olsen Carl James -- --
Olsen Inger $499,000 --
Ferrari Anthony D $285,000 --
Bailey Ronald E $145,000 --
Global Nomads 2105 Seidenberg Key West Llc $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelderry James R $396,000
Closed Mcelderry James R $400,000
Closed Mcelderry James R $400,000
Previous Owner Olsen Carl J $450,000
Previous Owner Bailey Ronald E $107,000
Previous Owner Bailey Ronald E $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2019 05/02/19 Sold $600,000 -3.5% $716 / Sq Ft
12/20/2018 12/20/18 Pending -- -- --
12/01/2018 12/01/18 For Sale $622,000 -- $742 / 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 $4,495 $538,837 -- --
2023 $4,495 $523,143 $0 $0
2022 $4,300 $507,906 $0 $0
2021 $4,390 $493,113 $297,500 $195,613
2020 $4,376 $493,137 $295,000 $198,137
2019 $4,179 $454,743 $290,000 $164,743
2018 $3,764 $372,221 $250,000 $122,221
2017 $3,694 $358,002 $0 $0
2016 $3,682 $352,226 $0 $0
2015 $3,398 $298,572 $0 $0
2014 $3,601 $320,936 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583028

Florida Keys Board of REALTORS®

APN: 00047540-000000