NOT LISTED FOR SALE

Estimated Value: $785,202 - $884,000

3 Beds
1 Bath
1,440 Sq Ft
$572/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $725,000 $503 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,824/month

40 Days on Market

Highlights

  • No HOA
  • Shutters
  • Storage
  • Detached Garage
  • Laundry Room
  • Shed

About This Home

As of September 2022

This single family home is located in the center of the island with easy access to uptown and downtown. The property is a fixer-upper which would be a perfect starter home or an investment property. The home has three bedrooms, one bathroom, large living space, and a great yard. Please note, the listing agent is related to the sellers.

Last Agent to Sell the Property

Marissa Means

Preferred Properties (KW) License #3499740 Listed on: 04/15/2022

Last Buyer's Agent

Marissa Means

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3499740

Berkshire Hathaway HomeServices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,861

Year Built

  • Built in 1954

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Home Design

  • Entry on the 1st floor
  • Fixer Upper

Interior Spaces

  • 1,440 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Storage
  • Terrazzo Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Public Hookup Available For Sewer
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 30
  • Assessor Parcel Number 00048990-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,861

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • 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
  • Side: Median
  • State Province: FL
  • Taxes: 3860.60
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking, Detached
  • Year Built: 1954
  • Alternate Key Number: 1049581
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 5000.00
  • Shutters: Bahama
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1440.00
  • Pre Wired: Cable
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Smoke Alarms, Storage
  • Floor Number: 1.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Oven, Refrigerator, Range
  • Floor: Combo, Terrazzo
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Fencing, Shed, Storage
  • Roof: Combo Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00048990-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Sep 6, 2022
Sold by
Niles Sr Henry J and Pen Bonita
Bought by
Gidwani Rishi Chandur and Niroula Bigya
Seller's Agent
Marissa Means
Preferred Properties (KW)
Buyer's Agent
Marissa Means
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$795,000
Sold Price
$725,000
Premium/Discount to List
-$70,000
-8.81%
Current Estimated Value
$823,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,801
Avg. Annual Appreciation
4.89%
Original Mortgage
$647,200
Outstanding Balance
$620,283
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$217,978

Purchase Details

Closed on
Dec 9, 2021
Sold by
Niles Debra Malone
Bought by
Niles Debra J and Niles Henry J

Purchase Details

Closed on
Jun 6, 2014
Sold by
Malone Geraldine Elizabeth
Bought by
Pent Bonita Malone and Niles Debra Malone
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
Gidwani Rishi Chandur $720,000 --
Niles Debra J -- Attorney
Pent Bonita Malone -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gidwani Rishi Chandur $647,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $725,000 0.0% $503 / Sq Ft
05/21/2022 05/21/22 Price Changed $725,000 -8.8% $503 / Sq Ft
04/15/2022 04/15/22 For Sale $795,000 -- $552 / 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 $5,689 $762,465 $580,000 $182,465
2023 $5,689 $624,581 $455,000 $169,581
2022 $3,201 $519,326 $0 $0
2021 $3,861 $439,968 $0 $0
2020 $3,816 $436,330 $0 $0
2019 $3,792 $431,282 $0 $0
2018 $3,593 $400,704 $250,000 $150,704
2017 $983 $138,004 $0 $0
2016 $1,256 $135,166 $0 $0
2015 $1,281 $134,226 $0 $0
2014 $1,010 $133,161 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 600602

Florida Keys Board of REALTORS®

APN: 00048990-000000