NOT LISTED FOR SALE

Estimated Value: $854,035 - $1,338,000

4 Beds
3 Baths
1,894 Sq Ft
$548/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $653,000 $345 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,185/month

120 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Tile Flooring
  • Workshop
  • Shed
  • Central Air

About This Home

As of July 2021

This Duplex is centrally located in Key West and consists of a large 3 bedroom 2 bath main home with off street parking and fenced yard as well as a legal detached unit that is a 1 bedroom 1 bath with outdoor space, W/D and shed. Great income producers, wonderful tenants in place.

Last Agent to Sell the Property

Jenny Perry

Preferred Properties (KW) Listed on: 12/30/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,143

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 5,000

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,894 Sq Ft Home
  • Workshop
  • Utility Room
  • Tile Flooring
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • Off-Street Parking

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Separate Meters
  • Public Hookup Available For Sewer

Additional Features

  • Shed
  • 5,000 Sq Ft Lot
  • Ground Level

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,143

Year Built

Built in 1973 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • 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
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 5143.07
  • Vehicle Storage: Carport, Off Street Parking, Covered Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1973
  • Alternate Key Number: 1048429
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Wall/Window Unit(s), Heat Pump
  • Lot Sq Ft: 5000.00
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1894.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dryer, Washer, Refrigerator, Oven
  • Floor: Tile
  • Specialty Rooms: Laundry Room, Utility Room, Workshop
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Shed, Storage
  • Roof: Shingle Roof
  • Waterview: No Waterview

Utilities

  • Utilities: Elect Separate Meter, Water Separate Meter, Municipal Sewer, FKAA

Lot Info

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

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Jul 1, 2021
Sold by
Castro John P
Bought by
Morales Deborah Lynn and Devargas Gleidson Schales
Seller's Agent
Jenny Perry
Preferred Properties (KW)
Buyer's Agent
Creative Technology
List Price
$710,000
Sold Price
$653,000
Premium/Discount to List
-$57,000
-8.03%
Current Estimated Value
$1,038,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,009
Avg. Annual Appreciation
11.79%
Original Mortgage
$522,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2015
Closed on
Dec 7, 2015
Sold by
Cobo Luis E
Bought by
Castro John P
Seller's Agent
Jessica Barroso
Century 21 All Keys Inc (KW)
Buyer's Agent
Angela McChesney
Preferred Properties (KW)
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$490,943
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 26, 2014
Closed on
Apr 17, 2015
Sold by
Franco Raul
Bought by
Cobo Luis E
Seller's Agent
Jason Barroso
Century 21 All Keys Inc (KW)
Buyer's Agent
Jason Barroso
Century 21 All Keys Inc (KW)
List Price
$289,000
Sold Price
$250,000
Premium/Discount to List
-$39,000
-13.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
195.37%

Purchase Details

Closed on
Feb 10, 2009
Sold by
Franco Maria Victoria
Bought by
Franco Raul

Purchase Details

Closed on
Mar 24, 1999
Sold by
Farina Jose A and Farina Ana
Bought by
Franco Faustino and Franco Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 1969
Bought by
Castro John P
Source: Public Records

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
Morales Deborah Lynn $653,000 First International Ttl Inc
Castro John P $500,000 Attorney
Cobo Luis E $250,000 None Available
Franco Raul -- Attorney
Franco Faustino $220,000 --
Castro John P $7,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falero Anibal $2,258,750
Closed Morales Deborah Lynn $522,400
Previous Owner Castro John P $490,943
Previous Owner Franco Faustino $114,000
Previous Owner Franco Faustino $417,000
Previous Owner Franco Faustino $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $653,000 -4.0% $345 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/12/2021 04/12/21 Price Changed $680,000 -2.2% $359 / Sq Ft
02/03/2021 02/03/21 Price Changed $695,000 -2.1% $367 / Sq Ft
12/30/2020 12/30/20 For Sale $710,000 +42.0% $375 / Sq Ft
12/07/2015 12/07/15 Sold $500,000 +5.3% $265 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $475,000 +90.0% $251 / Sq Ft
04/17/2015 04/17/15 Sold $250,000 -13.5% $132 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
11/26/2014 11/26/14 For Sale $289,000 -- $153 / 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 $6,484 $735,650 -- --
2023 $6,484 $713,343 $0 $0
2022 $6,069 $668,156 $390,000 $278,156
2021 $5,601 $541,900 $297,500 $244,400
2020 $5,357 $530,248 $295,000 $235,248
2019 $4,912 $462,278 $223,750 $238,528
2018 $5,238 $490,256 $250,000 $240,256
2017 $5,157 $472,756 $0 $0
2016 $5,353 $467,105 $0 $0
2015 $4,517 $397,489 $0 $0
2014 $4,423 $320,665 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593923

Florida Keys Board of REALTORS®

APN: 00047810-000000