Seller's Agent in 2022
Terri Spottswood
Truman & Co. (KW)
(305) 395-2360
47 in this area
334 Total Sales
2207 Flagler Ave Key West, FL 33040
Mid Town Neighborhood
4
Beds
4
Baths
1,544
Sq Ft
5,000
Sq Ft Lot
Highlights
- Detached Guest House
- No HOA
- French Doors
- Key West Architecture
- Laundry Room
- Shed
About This Home
As of February 2022Terrific Investment opportunity. Legal duplex with current month-to-month leases in place with gross annual income of $67,800. There are also two coin-operated laundry facilities on site for additional income. The main house structure has four bedrooms and four bathrooms. There is an enclosed yard and deck space with detached cottage currently used by the owner for storage/art shop that has a separate entrance from a lane. 5,000 square foot lot currently offers two off-street parking spaces. This property is a cash cow. Don't miss out on the chance to own this investment opportunity in Key West.
Last Agent to Sell the Property
Everett Watkins
Preferred Properties (KW) Listed on: 01/21/2016
Co-Listed By
James Saner
Preferred Properties (KW)
Last Buyer's Agent
Erica Hadaric
Berkshire Hathaway HomeServices Knight & Gardner Realty License #3122765
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,880
Year Built
- Built in 1928
Lot Details
- 5,000 Sq Ft Lot
- Fenced
Home Design
- Duplex
- Key West Architecture
- Frame Construction
- Metal Roof
Interior Spaces
- 1,544 Sq Ft Home
- Double Hung Windows
- French Doors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Off-Street Parking
Additional Features
- Shed
- Detached Guest House
- Ground Level
- Cooling System Mounted To A Wall/Window
Community Details
Overview
- No Home Owners Association
- Key West Realty Cos Sub Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2021
Closed on
Mar 30, 2022
Sold by
Linville Nathaniel C and Linville Mary Kathryn
Bought by
2207 Flagler Llc
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
List Price
$1,299,500
Sold Price
$1,224,750
Premium/Discount to List
-$74,750
-5.75%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,967
Avg. Annual Appreciation
2.66%
Original Mortgage
$918,562
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 23, 2021
Closed on
Feb 1, 2022
Sold by
Pidgeon Jonathan W and Pidgeon Megan M
Bought by
Linville Nathaniel C and Vallilee Kathryn Mary
Seller's Agent
Terri Spottswood
Truman & Co. (KW)
Buyer's Agent
Team Spottswood/Vazquez
Truman & Co. (KW)
List Price
$1,299,500
Sold Price
$1,224,750
Premium/Discount to List
-$74,750
-5.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,562
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 22, 2016
Sold by
Kellogg Michael and Kellogg Cheryl D
Bought by
Pidgeon Jonathan W and Pidgeon Megan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
3.42%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 26, 2002
Bought by
Pidgeon Jonathan W and Pidgeon Megan M
Purchase Details
Closed on
Feb 8, 2001
Bought by
Pidgeon Jonathan W and Pidgeon Megan M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Vdf Law Pllc | |
| Warranty Deed | $1,224,800 | Spottswood Spottswood Spottswo | |
| Warranty Deed | $600,000 | First International Title In | |
| Quit Claim Deed | $136,000 | -- | |
| Warranty Deed | $205,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $918,562 | New Conventional | |
| Previous Owner | $610,000 | Commercial | |
| Previous Owner | $277,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2022 02/01/22 | Sold | $1,224,750 | -5.8% | $793 / Sq Ft |
| 08/23/2021 08/23/21 | For Sale | $1,299,500 | +116.6% | $842 / Sq Ft |
| 08/22/2016 08/22/16 | Sold | $600,000 | -7.6% | $389 / Sq Ft |
| 08/12/2016 08/12/16 | Pending | -- | -- | -- |
| 01/21/2016 01/21/16 | For Sale | $649,000 | -- | $420 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History Compared to Growth
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 | $7,565 | $689,135 | $368,000 | $321,135 |
| 2023 | $7,565 | $681,430 | $364,000 | $317,430 |
| 2022 | $5,550 | $537,933 | $0 | $0 |
| 2021 | $5,247 | $444,469 | $0 | $0 |
| 2020 | $4,320 | $441,804 | $0 | $0 |
| 2019 | $4,104 | $411,132 | $179,000 | $232,132 |
| 2018 | $4,760 | $437,245 | $200,000 | $237,245 |
| 2017 | $4,609 | $413,020 | $0 | $0 |
| 2016 | $4,016 | $354,407 | $0 | $0 |
| 2015 | $3,880 | $337,223 | $0 | $0 |
| 2014 | $3,547 | $260,786 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Terri Spottswood
-
Team Spottswood/Vazquez
Seller Co-Listing Agent in 2022
Team Spottswood/Vazquez
Truman & Co. (KW)
(305) 395-1777
48 in this area
336 Total Sales
-
E
Seller's Agent in 2016
Everett Watkins
Preferred Properties (KW)
-
J
Seller Co-Listing Agent in 2016
James Saner
Preferred Properties (KW)
-
E
Buyer's Agent in 2016
Erica Hadaric
Berkshire Hathaway HomeServices Knight & Gardner Realty
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 122733
APN: 00045430-000000
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