NOT LISTED FOR SALE

Estimated Value: $804,449 - $913,000

2 Beds
3 Baths
1,225 Sq Ft
$719/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $840,000 $686 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,157/month

51 Days on Market

About This Home

As of October 2023

Owner Financing will be considered... This legal duplex is elevated and located in the mid-town area just off of Flagler Avenue. The rear unit is 1 bedroom 1.5 bath with a large deck and private yard. The front unit is a 1 bedroom plus a loft, 1 bath with a covered porch and yard. Both units have storage, washer/ dryer. Tenants are in place, large 6650SqFt lot with plenty of off-street parking. Call now for an appointment.Consider the possibility of converting the duplex to a Single Family. Collect the rent while plans and approval are processed. Contact agent for financing details

Last Agent to Sell the Property

Barbara Crespo

Keller Williams Key West Compass Realty License #653688 Listed on: 08/07/2023

Keller Williams Key West Compass Realty

Last Buyer's Agent

Barbara Crespo

Coldwell Banker Schmitt Real Estate Co. (KW)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,214

Year Built

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
  • 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
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Seller Finance
  • Side: Median
  • State Province: FL
  • Taxes: 5572.04
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1938
  • Alternate Key Number: 1046116
  • Building Style: Other Bldg Style
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 6650.00
  • Porch Balcony: Deck
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1225.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Appliances: Washer, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Tile, Wood
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA, Elect Separate Meter, Water Separate Meter, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00045520-000000
  • Lot Size: 66.5 x 100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.15

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Oct 25, 2023
Sold by
2210 Staples Llc
Bought by
La Southernmost Llc
Seller's Agent
Barbara Crespo
Keller Williams Key West Compass Realty
Buyer's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$939,000
Sold Price
$840,000
Premium/Discount to List
-$99,000
-10.54%
Views
116
Current Estimated Value
$881,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,112
Avg. Annual Appreciation
2.30%
Original Mortgage
$640,000
Outstanding Balance
$626,127
Interest Rate
5.5%
Mortgage Type
Seller Take Back
Estimated Equity
$254,985

Purchase Details

Listed on
Mar 1, 2023
Closed on
Mar 24, 2023
Sold by
Fallone Alan and Fallone Linda M
Bought by
2210 Staples Llc
Seller's Agent
Michael Sullivan
Punta Gorda - Port Charlotte Realty, LLC
Buyer's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$799,000
Sold Price
$799,000
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%

Purchase Details

Listed on
May 3, 2017
Closed on
Jun 21, 2017
Sold by
Hsbc Bank Usa Na
Bought by
Fallone Alan and Fallone Linda M
Seller's Agent
Patricia Quasney
Keller Williams Key West Compass Realty
Buyer's Agent
Michael Sullivan
Punta Gorda - Port Charlotte Realty, LLC
List Price
$467,000
Sold Price
$425,250
Premium/Discount to List
-$41,750
-8.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%

Purchase Details

Closed on
Mar 2, 2017
Sold by
Quinn Kathleen
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Jun 22, 2011
Sold by
Mukamal Barry E
Bought by
Browning Michael L and The Joseph P Browning Trust

Purchase Details

Closed on
Jan 10, 2005
Sold by
American Exchange Properties Llc
Bought by
Quinn Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2004
Sold by
Morgenstern Henry Lee
Bought by
American Exchange Properties Llc

Purchase Details

Closed on
Oct 1, 1984
Bought by
Browning Joseph P Revocable Trust 8/12/13
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
La Southernmost Llc $840,000 None Listed On Document
2210 Staples Llc $799,000 First International Title
Fallone Alan $425,300 None Available
Hsbc Bank Usa Na -- None Available
Browning Michael L $8,000 Attorney
Quinn Kathleen $725,000 Chicago Title Of The Fl Keys
American Exchange Properties Llc -- Chicago Title
American Exchange Properties Llc $2,500 --
Browning Joseph P Revocable Trust 8/12/13 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open La Southernmost Llc $640,000
Previous Owner Quinn Kathleen $580,000
Previous Owner Morgenstern Henry Lee $100,000
Closed Quinn Kathleen $72,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2023 10/25/23 Sold $840,000 -4.0% $686 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
08/19/2023 08/19/23 Price Changed $875,000 -6.8% $714 / Sq Ft
08/07/2023 08/07/23 For Sale $939,000 +17.5% $767 / Sq Ft
03/24/2023 03/24/23 Sold $799,000 0.0% $652 / Sq Ft View Prior Sale
03/07/2023 03/07/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $799,000 +87.9% $652 / Sq Ft
06/27/2017 06/27/17 Sold $425,250 -8.9% $347 / Sq Ft View Prior Sale
06/14/2017 06/14/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $467,000 -- $381 / Sq Ft
Source: Key West Association 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 $6,214 $714,997 $513,912 $201,085
2023 $6,214 $709,951 $508,326 $201,625
2022 $5,572 $621,520 $435,708 $185,812
2021 $5,125 $487,526 $332,367 $155,159
2020 $4,902 $487,085 $329,574 $157,511
2019 $4,449 $409,837 $249,974 $159,863
2018 $4,774 $438,729 $279,300 $159,429
2017 $4,244 $423,716 $0 $0
2016 $4,238 $423,245 $0 $0
2015 $3,896 $346,268 $0 $0
2014 $3,523 $258,474 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 606243

Key West Association of REALTORS®

APN: 00045520-000000