NOT LISTED FOR SALE

Estimated Value: $832,000 - $996,000

3 Beds
1 Bath
1,008 Sq Ft
$912/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $402,000 $399 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $5,582/month

114 Days on Market

Highlights

  • Key West Architecture
  • No HOA
  • Ceiling Fan
  • Wood Flooring
  • Central Air

About This Home

As of October 2016

This delightful, late 40's-early 50's, Midtown frame cottage could be a spectacular starter, snowbird or investment home. 2BR's, plus another bonus room that could be used as an office, bedroom or converted to a master bath. Laundry room/butlers pantry could enlarge the kitchen significantly or just incorporate as-is. The 2002 modular shed could be a

Last Listed By

Michael Spirnak

Richard Padron And Associates (KW) Listed on: 06/13/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,236

Year Built

  • Built in 1953

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • Ceiling Fan
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,236

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: 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: Midtown West
  • Limited Representation: No
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3236.00
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1953
  • Alternate Key Number: 1048291
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 5000.00
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 1008.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Range, Refrigerator
  • Floor: Vinyl, Wood
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Roof: Metal Roof, Other Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Oct 27, 2016
Sold by
Lamberson Robert Bruce and Lamberson Patricia Diane
Bought by
Scarbrough Gavin W and Scarbrough Kelly P
Seller's Agent
Michael Spirnak
Richard Padron And Associates (KW)
Buyer's Agent
Barbara Crespo
Coldwell Banker Schmitt Real Estate Co. (KW)
List Price
$399,900
Sold Price
$402,000
Premium/Discount to List
$2,100
0.53%
Total Days on Market
114
Current Estimated Value
$918,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,825
Avg. Annual Appreciation
9.36%
Original Mortgage
$375,963
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2001
Sold by
Gonzalez Sharon and Lamberson Richard
Bought by
Lamberson Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
7.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 1, 1987
Bought by
Lamberson Robert Bruce and Lamberson Patricia Diane

Range of Values:

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Average Value
Not Available
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
Scarbrough Gavin W $402,000 Attorney
Lamberson Robert B $133,400 --
Lamberson Robert Bruce $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarbrough Gavin W $455,000
Closed Scarbrough Gavin W $375,963
Previous Owner Lamberson Robert Bruce $116,038
Previous Owner Lamberson R Bruce $55,200
Previous Owner Lamberson R Bruce $150,000
Previous Owner Lamberson R Bruce $55,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $402,000 +0.5% $399 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $399,900 -- $397 / 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 $5,273 $789,267 $580,000 $209,267
2023 $5,273 $651,190 $455,000 $196,190
2022 $4,335 $513,964 $390,000 $123,964
2021 $3,988 $406,527 $297,500 $109,027
2020 $3,964 $405,604 $295,000 $110,604
2019 $3,926 $402,180 $290,000 $112,180
2018 $3,649 $359,415 $250,000 $109,415
2017 $3,561 $343,492 $0 $0
2016 $3,499 $331,850 $0 $0
2015 $3,236 $282,345 $0 $0
2014 $3,445 $312,915 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 123393

Florida Keys Board of REALTORS®

APN: 00047680-000000