$425,250
SOLD JUN 27, 2017
2 Beds
2.5 Baths
1,225 Sq Ft
6,650 Sq Ft Lot

Recently Sold

$347 Per Sq Ft

9% Below List Price

42 Days on Market

Highlights

  • Deck
  • Balcony
  • 1-Story Property
  • No HOA
  • Tile Flooring
  • Central Air

About This Home

As of October 2023

Investor Opportunity! Duplex in desirable New Town location. 1/1 with loft in front. 1/1.5 in back. Large enclosed front porch. Fully fenced back yard with shade trees give this property a secluded feel. Plenty of off-street parking. Cash only due to open permits. See documents tab for Permit history. Auction Dates: June 10-13.

Last Agent to Sell the Property

Patricia Quasney

Keller Williams Key West Compass Realty License #3346367 Listed on: 05/03/2017

Keller Williams Key West Compass Realty

Co-Listed By

Debrah Bennett

LoKation Real Estate License #419141

Last Buyer's Agent

Michael Sullivan

Punta Gorda - Port Charlotte Realty, LLC License #3031816

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,238

Year Built

  • Built in 1938

Lot Details

  • 6,650 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,225 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Hung Windows

Kitchen

  • Range
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Location

  • Ground Level

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00045520-000000

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

$4,238

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 1
  • Fee Includes: None
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • 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: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 4238.48
  • Vehicle Storage: Off Street Parking, Open Parking
  • Year Built: 1938
  • Alternate Key Number: 1046116
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 6650.00
  • Porch Balcony: Deck, Open Porch/Balcony
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1225.00
  • Sewer Hook Up: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Appliances: Dryer, Range, Washer, Refrigerator
  • Floor: Carpet, Tile
  • Half Bathrooms: 1
  • Windows/Doors: Double Hung Windows, Other Windows/Doors
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: Buyer to Verify, FKAA, Elect Separate Meter

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE8
  • 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: 2016

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%
Total Days on Market
42
Views
116
Current Estimated Value
$992,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,495
Avg. Annual Appreciation
8.18%
Original Mortgage
$640,000
Outstanding Balance
$627,644
Interest Rate
5.5%
Mortgage Type
Seller Take Back
Estimated Equity
$324,989

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:

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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 $840,000 None Listed On Document
Warranty Deed $799,000 First International Title
Special Warranty Deed $425,300 None Available
Deed -- None Available
Deed $8,000 Attorney
Warranty Deed $725,000 Chicago Title Of The Fl Keys
Warranty Deed -- Chicago Title
Warranty Deed $2,500 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $640,000 Seller Take Back
Previous Owner $580,000 Commercial
Previous Owner $100,000 Credit Line Revolving
Closed $72,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
06/14/2017 06/14/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $467,000 -- $381 / 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 $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: Florida Keys Board of REALTORS®

MLS Number: 575417

Florida Keys Board of REALTORS®

APN: 00045520-000000