228 Truman Ave Key West, FL 33040
Old Town Neighborhood
2
Beds
2
Baths
798
Sq Ft
1,158
Sq Ft Lot
Highlights
- Key West Architecture
- No HOA
- Some Wood Windows
- Loft
- Balcony
- Shutters
About This Home
As of March 2022This perfect Old Town Cottage is newly renovated as a single family 2 bedroom 2 bathroom home with a large bonus loft. The property can also be legally converted into two units per the City of Key West however the property is currently using one meter. This great location is only blocks away from Duval St and would make an excellent investment property.
Last Agent to Sell the Property
Expert Realty LLC (HQ) License #3363807 Listed on: 09/04/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,729
Year Built
- Built in 1928 | Remodeled
Lot Details
- 1,158 Sq Ft Lot
- Property is zoned HMDR - Historic Medium Density Residential
Home Design
- Key West Architecture
- Frame Construction
- Metal Roof
Interior Spaces
- 798 Sq Ft Home
- Ceiling Fan
- Some Wood Windows
- Shutters
- Double Hung Windows
- French Doors
- Loft
- Tile Flooring
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
Utilities
- Central Air
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
- Old Town Unlisted Subdivision
- Rental Restrictions
Listing and Financial Details
- Homestead Exemption
- Minimum Rental Period: 28
- Assessor Parcel Number 00026640-000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2022
Closed on
Feb 25, 2022
Sold by
Knight and Laura
Bought by
Baldino Joseph
Seller's Agent
Jeffrey Dunaway
Key West Realty, LLC (KW)
Buyer's Agent
Jeffrey Dunaway
Dunaway McKenzie Realtors (KW)
List Price
$790,000
Sold Price
$790,000
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,601
Avg. Annual Appreciation
5.91%
Original Mortgage
$632,000
Outstanding Balance
$594,363
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$357,650
Purchase Details
Listed on
Sep 4, 2018
Closed on
Oct 19, 2018
Sold by
Jane L Newhagen Amended And Restated Tru
Bought by
Knight Terry and Knight Laura
Seller's Agent
Justyn Ewald
Expert Realty LLC (HQ)
Buyer's Agent
Matthew Sheehan
Saltwater Real Estate Florida Keys, Inc
List Price
$614,000
Sold Price
$614,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Purchase Details
Closed on
Dec 5, 2003
Sold by
Thaller James
Bought by
The Jane L Newhagen Trust
Purchase Details
Closed on
Aug 4, 1999
Sold by
William Buxton Horace Mobley and Buxton Mary O Tanner, Thomas
Bought by
Thaller James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
7.66%
Mortgage Type
New Conventional
Similar Homes in Key West, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $790,000 | Oropeza Stones Cardenas Pllc | |
| Warranty Deed | $614,000 | None Listed On Document | |
| Warranty Deed | $460,000 | First American Title Ins Co | |
| Warranty Deed | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $632,000 | New Conventional | |
| Previous Owner | $185,600 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2022 03/01/22 | Sold | $790,000 | 0.0% | $1,106 / Sq Ft |
| 03/01/2022 03/01/22 | Pending | -- | -- | -- |
| 03/01/2022 03/01/22 | For Sale | $790,000 | +28.7% | $1,106 / Sq Ft |
| 10/17/2018 10/17/18 | Sold | $614,000 | 0.0% | $769 / Sq Ft |
| 09/07/2018 09/07/18 | Pending | -- | -- | -- |
| 09/04/2018 09/04/18 | For Sale | $614,000 | -- | $769 / Sq Ft |
Source: Florida Keys Board of REALTORS®
Tax History Compared to Growth
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 | $6,809 | $768,527 | $412,711 | $355,816 |
| 2023 | $6,809 | $758,485 | $423,828 | $334,657 |
| 2022 | $4,379 | $517,531 | $0 | $0 |
| 2021 | $4,472 | $502,458 | $187,596 | $314,862 |
| 2020 | $4,511 | $508,619 | $0 | $0 |
| 2019 | $4,444 | $497,184 | $0 | $0 |
| 2018 | $1,815 | $196,536 | $0 | $0 |
| 2017 | $1,801 | $192,494 | $0 | $0 |
| 2016 | $1,841 | $188,535 | $0 | $0 |
| 2015 | $1,878 | $187,224 | $0 | $0 |
| 2014 | $1,920 | $185,738 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2022
Jeffrey Dunaway
Key West Realty, LLC (KW)
(305) 294-3064
14 in this area
33 Total Sales
-
Justyn Ewald
Seller's Agent in 2018
Justyn Ewald
Expert Realty LLC (HQ)
(305) 587-7330
23 in this area
193 Total Sales
-
Matthew Sheehan
Buyer's Agent in 2018
Matthew Sheehan
Saltwater Real Estate Florida Keys, Inc
(305) 849-9233
22 in this area
127 Total Sales
Map
Source: Florida Keys Board of REALTORS®
MLS Number: 581782
APN: 00026640-000000
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