NOT LISTED FOR SALE

Estimated Value: $964,000 - $1,005,486

4 Beds
3 Baths
1,518 Sq Ft
$644/Sq Ft Est. Value

Last Sold November 18, 2024

Last sale price $960,000 $632 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,090/month

42 Days on Market

Highlights

  • Quartz Countertops
  • Shutters
  • Ceiling Fan
  • No HOA
  • Central Air

About This Home

As of November 2024

Your Key West adventure awaits! This unique and extensively renovated and very spacious CBS home located in New Town is ready for you to enjoy from day one. **Seller will consider a credit at Closing to Buyer for interest buy down with acceptable offer ** 3/2 main house and detached 1/1 guest house make this home extraordinary. New roof, new bathrooms, new central AC and ceiling fans, new high-end appliances, new floors, the list goes on and on! Large Master Bathroom. The detached Guest House is fantastic! It's the perfect spot to pamper your guests or could serve as your get-away spot to write your Key West novel or write a great Tropical song. Go ahead, release your inner Hemingway and Buffett. This is Key West!! Two-car carport and cement pad in back yard for Hot Tub or Gazebo. Convenient location close to, shopping, restaurants, schools and just minutes from Old Town and Historic District. Just a 1/4 mile from the City Boat Ramp There are so many ways for you to enjoy this exceptional Key West home.

Last Listed By

Mykael Marinelli

American Caribbean Real Estate, Christie's International Real Estate License #624654 Listed on: 08/21/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,908

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 5,000

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,518 Sq Ft Home
  • Ceiling Fan
  • Shutters

Kitchen

  • Oven
  • Range
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport
  • Open Parking

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • 5,000 Sq Ft Lot
  • Ground Level

Community Details

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

Listing and Financial Details

  • Minimum Rental Period: 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,908

Year Built

Built in 1958 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets: Other See Remarks
  • Pets W Restrictions: Check Local Rules
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 6908.00
  • Vehicle Storage: Carport, Covered Parking, Open Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1958
  • Alternate Key Number: 1050873
  • Building Style: Ground Level
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 5000.00
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1518.00
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedroom, Quartz Countertops
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Refrigerator, Oven, Range
  • Appliances Other: YES
  • Total Bedrooms: 4
  • Sq Ft Remarks: Buyer to verify all information

Exterior Features

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

Utilities

  • Utilities: Municipal Sewer, Buyer to Verify

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: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Nov 18, 2024
Sold by
Adamant Group Llc
Bought by
Saavedra April and Duffy John Gerald
Seller's Agent
Mykael Marinelli
American Caribbean Real Estate, Christie's International Real Estate
Buyer's Agent
Solaris Gregory
Expert Realty LLC (HQ)
List Price
$999,990
Sold Price
$960,000
Premium/Discount to List
-$39,990
-4%
Total Days on Market
42
Views
15
Current Estimated Value
$989,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,816
Avg. Annual Appreciation
3.92%
Original Mortgage
$768,000
Outstanding Balance
$765,101
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$212,021

Purchase Details

Closed on
Mar 8, 2022
Sold by
Faye Logun
Bought by
Adamant Group Llc

Purchase Details

Closed on
Apr 7, 2008
Sold by
Tryon Robert Dennis and Tryon James David
Bought by
Logun Faye

Purchase Details

Closed on
Feb 4, 2008
Sold by
Tryon Robert Dennis
Bought by
Tryon Robert Dennis and Tryon William George

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
Saavedra April $960,000 Wesley Chapel Title
Adamant Group Llc $635,000 New Title Company Name
Logun Faye $275,000 Attorney
Tryon Robert Dennis -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saavedra April $768,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $960,000 -4.0% $632 / Sq Ft
10/02/2024 10/02/24 Price Changed $999,900 0.0% $659 / Sq Ft
08/21/2024 08/21/24 For Sale $999,990 -- $659 / 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 $6,909 $900,871 $580,000 $320,871
2023 $6,909 $714,606 $455,000 $259,606
2022 $5,934 $655,803 $390,000 $265,803
2021 $5,517 $532,285 $297,500 $234,785
2020 $5,188 $497,418 $295,000 $202,418
2019 $4,875 $458,129 $290,000 $168,129
2018 $4,588 $418,129 $250,000 $168,129
2017 $4,498 $403,108 $0 $0
2016 $4,401 $379,469 $0 $0
2015 $4,134 $330,215 $0 $0
2014 $4,373 $356,179 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Florida Keys Board of REALTORS®

MLS Number: 611160

Florida Keys Board of REALTORS®

APN: 00050270-000000