$625,000
SOLD MAY 17, 2021
2 Beds
3 Baths
1,266 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$494 Per Sq Ft

4% Above List Price

8 Days on Market

Highlights

  • No HOA
  • Patio
  • Tile Flooring
  • Balcony
  • Storage
  • 1-Story Property

About This Home

As of May 2021

Just Listed! Move-in ready single family home in Midtown Key West. Currently configured as a 2/2 front unit plus in-law suite complete with full kitchen and bath. This home is on a spacious 50x100 lot and offers a patio, room for a pool, off street parking and more. Features granite countertops, central AC, laundry room, and fenced yard.

Last Agent to Sell the Property

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 03/08/2021

Last Buyer's Agent

Walter Lee

Flagler Realty (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,551

Year Built

  • Built in 1950

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,266 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Storage
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 30
  • Assessor Parcel Number 00047620-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,551

Year Built

Built in 1950

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
  • Document Count: 4
  • 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
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 30.00
  • 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: 4550.79
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1950
  • Alternate Key Number: 1048232
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Ductless, Central Air
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Open Porch/Balcony, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1266.00
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Washer, Microwave, Refrigerator, Range, Oven, Dryer
  • Floor: Tile
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00047620-000000
  • Lot Size: 50x100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
May 17, 2021
Sold by
Barroso Barry L and Barroso Ieva
Bought by
Schnell Donald and Schnell Christine
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Walter Lee
Flagler Realty (KW)
List Price
$599,000
Sold Price
$625,000
Premium/Discount to List
$26,000
4.34%
Current Estimated Value
$884,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,867
Avg. Annual Appreciation
8.97%
Original Mortgage
$500,000
Outstanding Balance
$454,363
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$453,622

Purchase Details

Listed on
Jul 1, 2018
Closed on
Oct 1, 2018
Sold by
Yat Tong Hok
Bought by
Barroso Barry L and Barroso Ieva
Seller's Agent
Brenda Duley
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Brenda Duley
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$399,000
Sold Price
$377,500
Premium/Discount to List
-$21,500
-5.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.04%

Purchase Details

Listed on
Jul 1, 2018
Closed on
Sep 28, 2018
Sold by
Tong Hok Yat and Lam Yin Fong
Bought by
Barroso Barry L and Barroso Ieva
Seller's Agent
Brenda Duley
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Brenda Duley
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$399,000
Sold Price
$377,500
Premium/Discount to List
-$21,500
-5.39%

Purchase Details

Closed on
Mar 18, 2012
Sold by
Yongue Johnnie W and Yongue Lisa M
Bought by
Tong Hok Yat and Lam Yin Fong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 1, 1982
Bought by
Tong Hok Yat
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 Type Sale Price Title Company
Warranty Deed $625,000 Attorney
Warranty Deed $377,500 None Listed On Document
Warranty Deed $377,500 Attorney
Warranty Deed $377,500 None Listed On Document
Warranty Deed $250,000 Attorney
Warranty Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $400,000 No Value Available
Previous Owner $400,000 Commercial
Previous Owner $400,000 No Value Available
Previous Owner $400,000 Commercial
Previous Owner $140,000 Adjustable Rate Mortgage/ARM
Previous Owner $356,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $625,000 +4.3% $494 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $599,000 +58.7% $473 / Sq Ft
09/28/2018 09/28/18 Sold $377,500 -5.4% $298 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
07/01/2018 07/01/18 For Sale $399,000 -- $315 / 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 $5,627 $655,517 -- --
2023 $5,627 $659,252 $0 $0
2022 $5,208 $617,888 $390,000 $227,888
2021 $4,701 $488,007 $297,500 $190,507
2020 $4,544 $472,016 $295,000 $177,016
2019 $4,551 $468,804 $290,000 $178,804
2018 $3,758 $371,497 $250,000 $121,497
2017 $3,621 $353,996 $0 $0
2016 $3,560 $339,423 $0 $0
2015 $3,286 $287,364 $0 $0
2014 $3,567 $311,132 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 595095

Florida Keys Board of REALTORS®

APN: 00047620-000000