NOT LISTED FOR SALE

Estimated Value: $622,665 - $671,000

4 Beds
2 Baths
1,560 Sq Ft
$415/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $685,000 $439 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,517/month

87 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Shutters
  • A-Frame Home
  • Stainless Steel Appliances
  • Impact Glass

About This Home

As of November 2020

Excellent opportunity to own your piece of Paradise and help pay your mortgage. This duplex features 2 separate homes with 2 bedrooms and 1 bath. You can live in the rear home and rent the front. The rear home boasts mature tropical landscaping that surrounds the large pool with a soaking spa and water feature. The back yard has been designed with carved slate for easy yard maintenance. The kitchens have been recently updated, large tile throughout, and all windows are double pane for reduced sound and all have hurricane shutters. Also, take advantage of the massive drive way for boat or RV parking. The units are vacant and sellers are leaving them unoccupied to expedite the selling process. Market rent for both units is $5,500 per month. Very easy to show.

Last Agent to Sell the Property

Jenna Blackwell

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3367627 Listed on: 08/24/2020

Berkshire Hathaway HomeServices Knight & Gardner Realty

Last Buyer's Agent

Michelle Blades

Realty Executives Florida Keys Old Town License #3184597

Realty Executives Florida Keys Old Town

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,229

Year Built

  • Built in 1938

Lot Details

  • 5,000

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • A-Frame Home
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Shutters
  • Tile Flooring
  • Impact Glass

Kitchen

  • Oven
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Accessible Parking
  • In Ground Pool
  • 5,000 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 00045440-000000

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,229

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • 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: New Town
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4229.20
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1938
  • Alternate Key Number: 1046035
  • Building Style: A-Frame
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5000.00
  • Pool Info: In Ground
  • License Info Number Of City License: 2
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1560.00
  • Pre Wired: Cable
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Stainless Steel Appliance(s), Oven, Microwave
  • Floor: Tile
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 4
  • Accessibility Features: Parking
  • Sq Ft Remarks: Buyer to verify

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Frame
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00045440-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2021
Sold by
Keys Equities Llc
Bought by
2209 Flagler Homeowners Association Inc
Current Estimated Value
$646,833

Purchase Details

Closed on
Apr 29, 2021
Sold by
Nemcek Martin and Nemcek Lorraine
Bought by
Silva Lorraine

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
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2021
Sold by
Keys Equities Llc
Bought by
Nemcek Martin and Nemcek Lorraine

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
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2021
Sold by
Keys Equities Llc
Bought by
Wilson Martin J and Wilson Kristen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,276
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2020
Closed on
Nov 18, 2020
Sold by
Onderdonk Gary and Onderdonk Diane
Bought by
Keys Equities Llc
Seller's Agent
Jenna Blackwell
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Michelle Blades
Realty Executives Florida Keys Old Town
List Price
$799,000
Sold Price
$685,000
Premium/Discount to List
-$114,000
-14.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.19%
Original Mortgage
$543,750
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 27, 2015
Closed on
May 28, 2015
Sold by
The Bank Of New York Mellon
Bought by
Onderdonk Gary and Onderdonk Diane
Seller's Agent
Dasha Ray
Conch Realty LLC (KW)
Buyer's Agent
Louis Condos
Home Edge Inc. (KW)
List Price
$339,900
Sold Price
$426,000
Premium/Discount to List
$86,100
25.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$319,000
Interest Rate
5.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2015
Sold by
Tuya Maria and Tuya Maria C
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jan 26, 2015
Sold by
Tuya Maria and Tuya Maria C
Bought by
Bank Of New York Mellon

Purchase Details

Closed on
Sep 29, 2006
Sold by
Cerreto Michael S and Foote Cerreto Amy L
Bought by
Tuya Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Interest Rate
8.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 30, 2004
Sold by
Foote Amy L and Cerreto Michael S
Bought by
Cerreto Micahel S and Foote Cerreto Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2001
Sold by
Mauricio Dorribo M and Mauricio Christine Dorribo
Bought by
Foote Amy L

Purchase Details

Closed on
Nov 18, 1997
Sold by
Barton Norma
Bought by
Dorribo Mauricio and Dorribo Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 1978
Bought by
Onderdonk Gary and Onderdonk Diane
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
2209 Flagler Homeowners Association Inc -- Accommodation
Silva Lorraine $500,000 Florida Title Professional
Nemcek Martin $450,000 Attorney
Wilson Martin J $599,000 Americas Choice Title
Keys Equities Llc $685,000 Attorney
Onderdonk Gary $426,000 Landcastle Title Llc
The Bank Of New York Mellon -- None Available
Bank Of New York Mellon -- Attorney
Tuya Maria C $635,000 First American Title Ins Co
Cerreto Micahel S $57,500 --
Foote Amy L $320,000 --
Dorribo Mauricio $100 --
Onderdonk Gary $28,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silva Lorraine $400,000
Previous Owner Nemcek Martin $425,276
Previous Owner Wilson Martin J $539,100
Previous Owner Keys Equities Llc $543,750
Previous Owner Onderdonk Gary $319,000
Previous Owner Tuya Maria C $444,500
Previous Owner Cerreto Michael S $215,000
Previous Owner Cerreto Micahel S $115,000
Previous Owner Dorribo Mauricio $0
Previous Owner Dorribo Mauricio $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $685,000 -14.3% $439 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $799,000 +87.6% $512 / Sq Ft
06/22/2015 06/22/15 Sold $426,000 +25.3% $273 / Sq Ft
05/21/2015 05/21/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $339,900 -- $218 / 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 $0 $50 $50 --
2023 $0 $50 $50 $0
2022 $0 $50 $50 $0
2021 $0 $50 $50 $0
2020 $4,599 $440,590 $236,000 $204,590
2019 $4,229 $384,865 $179,000 $205,865
2018 $4,473 $405,354 $200,000 $205,354
2017 $4,434 $393,972 $0 $0
2016 $4,609 $390,493 $0 $0
2015 $4,226 $370,820 $0 $0
2014 $4,257 $292,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 592221

Florida Keys Board of REALTORS®

APN: 00045440-000000