$1,600,000
SOLD MAY 2, 2023
4 Beds
3.5 Baths
1,542 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$1,038 Per Sq Ft

15% Below List Price

70 Days on Market

Highlights

  • Detached Guest House
  • Wood Flooring
  • Bar
  • In Ground Pool
  • No HOA
  • Patio

About This Home

As of May 2023

Complete ground up renovation where every effort was made to adhere to the original historic design while modernizing essential elements and maximizing energy efficiency. Live in luxury on one of the highest/driest streets in Key West. 5 PARKING SPACES for guests + gated golf cart parking. 28-day rental license through 2023, 3 blocks from Oldtown close to restaurants, shopping, beaches, marina and short bike ride to Duval street. Conveniently located on the crosstown greenway bike path.This Beautiful 1542sqft w/addtional 321sqft under air, total renovated home has endless NEW features throughout including 10 ft ceilings, French oak floors, hurricane impact windows, impact glass doors, remodeled 222 sqft attic/bonus room, Custom cabana bar, private guest house, custom built kitchen, granite countertops, closed cell foam insulation, European bathrooms, Stainless smart appliances, Wine chiller and much more. The Exterior features complete restoration to the original dade pine novelty siding, Brand new fencing on front and side of property, Pool, New pavers throughout the front, side and back of property, Remodeled front porch with 140sqft of entertaining space, New porch and decking that totals 1700 sqft of entertainment space in back. Exterior half bath for guest to use without entering home, New professional LED dusk to dawn lighting covering the entire property and all eves of home. Provides beautiful lighting front to back and along side walking paths. All NEW landscaping throughout entire property. Home tented 8/22Cabana bar: features new air-conditioning, custom milled cypress wood bar, hard wood floors, sink, vaulted ceiling and high volume ice machine to keep your guest drinks flowing on hot days. Guest house: features newly renovated flooring, kitchenette with sink, full bath along with outside new paver patios area that can be closed in if needed for separate rental. Roof2012

Last Agent to Sell the Property

Ralph Harvey

LISTWITHFREEDOM.COM License #3337811 Listed on: 01/10/2023

LISTWITHFREEDOM.COM

Last Buyer's Agent

outside mls - FKBR

Outside Of MLS - FKBR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,695

Year Built

  • Built in 1949

Lot Details

  • 5,000 Sq Ft Lot
  • Privacy Fence
  • Property is zoned HDR - High Density Residential

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,542 Sq Ft Home
  • 1-Story Property
  • Bar
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Patio

Additional Homes

  • Detached Guest House

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • No Rentals Allowed
  • Assessor Parcel Number 00046690-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,695

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 2
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Limited Representation: Yes
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 4694.57
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1949
  • Alternate Key Number: 1047295
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5000.00
  • Pool Info: In Ground
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1542.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bar
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Washer, Wine Cooler, Disposal, Microwave, Range, Refrigerator, Dishwasher, Dryer
  • Floor: Wood
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Detached Guest Qtrs, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Sewer Available, Cable Available, Water Separate Meter
  • Heating: Electric

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00046690-000000
  • Lot Size: 50x100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.12

Rental Info

  • Rentals Allowed: No

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
May 1, 2023
Sold by
Wickes Tamarra and Wickes Marcus C
Bought by
Charles C Farthing Iv Revocable Trust
Seller's Agent
Ralph Harvey
LISTWITHFREEDOM.COM
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$1,875,000
Sold Price
$1,600,000
Premium/Discount to List
-$275,000
-14.67%
Views
149
Current Estimated Value
$1,538,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,423
Avg. Annual Appreciation
-1.63%
Original Mortgage
$875,000
Outstanding Balance
$851,302
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$687,275

Purchase Details

Closed on
Feb 2, 2022
Sold by
Wickes Tamarra C and Wickes Marcus C
Bought by
Wickes Tamarra and Williams Marcus C

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 9, 2021
Sold by
Finney Christin Jamison and Finney Glassley Elizabeth
Bought by
Wickes Tamarra
Seller's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
Buyer's Agent
Elaine Coyle
Tropical Properties Real Estat (KW)
List Price
$669,000
Sold Price
$665,000
Premium/Discount to List
-$4,000
-0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.16%
Original Mortgage
$532,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2002
Sold by
Richard B Warwick I
Bought by
Finney Thomas G and Ratliff John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1998
Sold by
Pierce Tracylee
Bought by
Warwick Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 1997
Sold by
Wardlow William R and Wardlow Debra M
Bought by
Pierce Tracylee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1994
Sold by
Williams David B and Williams Bill
Bought by
Wardlow William R and Wardlow Debra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
9.26%

Purchase Details

Closed on
Jul 1, 1991
Bought by
Finney Thomas G

Purchase Details

Closed on
Jun 1, 1988
Bought by
Finney Thomas G
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 $1,600,000 None Listed On Document
Quit Claim Deed -- Oropeza Stones & Cardenas Pllc
Warranty Deed $665,000 Attorney
Warranty Deed $325,000 --
Warranty Deed $158,000 --
Warranty Deed $152,000 --
Deed $103,000 --
Warranty Deed $106,500 --
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $875,000 New Conventional
Previous Owner $532,000 New Conventional
Previous Owner $500,000 Unknown
Previous Owner $260,000 New Conventional
Previous Owner $118,000 New Conventional
Previous Owner $114,000 New Conventional
Previous Owner $72,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $1,600,000 -5.8% $1,038 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
02/23/2023 02/23/23 Price Changed $1,699,000 -5.3% $1,102 / Sq Ft
02/03/2023 02/03/23 Price Changed $1,795,000 -4.3% $1,164 / Sq Ft
01/10/2023 01/10/23 For Sale $1,875,000 +182.0% $1,216 / Sq Ft
07/09/2021 07/09/21 Sold $665,000 -0.6% $461 / Sq Ft
06/01/2021 06/01/21 For Sale $669,000 -- $463 / 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 $10,983 $1,275,536 $580,000 $695,536
2023 $6,519 $845,877 $455,000 $390,877
2022 $5,391 $599,137 $390,000 $209,137
2021 $4,695 $487,251 $297,500 $189,751
2020 $4,532 $470,612 $295,000 $175,612
2019 $3,040 $337,897 $0 $0
2018 $2,786 $331,597 $0 $0
2017 $3,015 $324,777 $0 $0
2016 $3,099 $318,097 $0 $0
2015 $3,161 $315,886 $0 $0
2014 $2,951 $313,379 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 603722

Florida Keys Board of REALTORS®

APN: 00046690-000000