$695,000
SOLD JUN 14, 2019
4 Beds
3 Baths
1,481 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$469 Per Sq Ft

25 Days on Market

Highlights

  • Beach
  • Concrete Pool
  • Lanai
  • Detached Guest House
  • Maid or Guest Quarters
  • Quartz Countertops

About This Home

As of January 2024

Opportunity awaits at this multi-unit CBS home featuring a guest cottage, beautiful pool, carport, and a prime midtown location. The main house has 3 bedrooms, 2 bathrooms, an open floor plan, and large covered porch in the front. The separate guest cottage has it's own privacy wall, covered patio, small kitchen, and impact resistant doors. The pool and water feature are surrounded by landscape and hardscape perfect for lounging, grilling, and relaxing in the sun.

Last Agent to Sell the Property

Team Kaufelt

Truman & Co. (KW) License #00000

Co-Listed By

Jackson Kaufelt

Truman & Co. (KW) License #3378637

Last Buyer's Agent

Epperly & Blackwell TEAM

Berkshire Hathaway HomeServices Knight & Gardner Realty License #BK3313232

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $983

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • Privacy Fence
  • Fenced

Home Design

  • Metal Roof

Interior Spaces

  • 1,481 Sq Ft Home
  • Ceiling Fan
  • Shutters
  • Storage

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Carport
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Water Feature
  • Lanai
  • Rain Gutters

Utilities

  • Central Air
  • Ductless Heating Or Cooling System
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Detached Guest House
  • Ground Level

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00045630-000000

Community Details

Overview

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

Recreation

  • Beach
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$983

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Midtown East
  • Limited Representation: No
  • Mile Marker: 3.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 983.01
  • Title: Negotiable
  • Vehicle Storage: Carport, Off Street Parking
  • Year Built: 1955
  • Alternate Key Number: 1046213
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Heat, Ductless, Central Air
  • Lot Sq Ft: 5000.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Open Porch/Balcony, Patio
  • License Info: Non Trans Rntl Lic
  • Shutters: Panel
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1481.00
  • Pre Wired: Cable
  • Specialty Rooms Guest Servant Qtrs: Legal
  • Financial Status Auction: No
  • Financial Status Standard Sale: No
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Cabinets, Pantry, Storage, Smoke Alarms, Quartz Countertops
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Range, Washer, Refrigerator, Microwave, Oven, Dryer
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Impact Rstnce Doors
  • Total Bedrooms: 4
  • Sq Ft Remarks: 1,181 Sq. Ft. - Building 1300 Sq. Ft. - Building 2

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Detached Guest Qtrs, Water Display, Privacy Wall/Fence, Rain Gutters, Fencing, Lanai
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: Buyer to Verify, Water Separate Meter, Municipal Sewer, FKAA, Elect Separate Meter, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00045630-000000
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Jan 22, 2024
Sold by
Rock Denisa
Bought by
Frye-Guevremont Darla
Seller's Agent
Tyler Sheff
Buyer's Agent
Logan Guevremont
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,400,000
Sold Price
$1,325,000
Premium/Discount to List
-$75,000
-5.36%
Total Days on Market
25
Views
34
Current Estimated Value
$1,340,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,673
Avg. Annual Appreciation
0.87%
Original Mortgage
$735,000
Outstanding Balance
$724,859
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$615,814

Purchase Details

Listed on
Nov 27, 2023
Closed on
Jan 16, 2024
Sold by
Ligon Ernest L
Bought by
Rock Denisa F
Seller's Agent
Tyler Sheff
Buyer's Agent
Logan Guevremont
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,400,000
Sold Price
$1,325,000
Premium/Discount to List
-$75,000
-5.36%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Outstanding Balance
$724,859
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$615,814

Purchase Details

Listed on
Mar 24, 2019
Closed on
Jun 17, 2019
Sold by
Grusin Richard C and Grusin Mary M
Bought by
Ligon Rachel E
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Epperly & Blackwell TEAM
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.02%
Original Mortgage
$529,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 24, 2019
Closed on
Jun 14, 2019
Sold by
Grusin Richard C and Grusin Mary M
Bought by
Ligon Rachel E
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Epperly & Blackwell TEAM
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 1995
Sold by
Watterson Edgar W and Watterson Edith G
Bought by
Grusin Richard C and Grusin Mary M

Purchase Details

Closed on
May 3, 1994
Sold by
Salas Charles F
Bought by
Watterson Edgar W and Watterson Edith G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.81%
Mortgage Type
Commercial

Map

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 $1,325,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $695,000 None Listed On Document
Warranty Deed $695,000 None Listed On Document
Warranty Deed $64,500 --
Warranty Deed $103,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $735,000 New Conventional
Previous Owner $533,800 New Conventional
Previous Owner $529,000 Purchase Money Mortgage
Previous Owner $529,000 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $150,300 Commercial
Previous Owner $130,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $1,325,000 -5.4% $895 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $1,400,000 +101.4% $945 / Sq Ft
06/14/2019 06/14/19 Sold $695,000 0.0% $469 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
03/24/2019 03/24/19 For Sale $695,000 -- $469 / Sq Ft
Source: Florida Keys Board of REALTORS®

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 $5,875 $799,612 $460,000 $339,612
2023 $5,875 $641,857 $0 $0
2022 $5,551 $615,153 $0 $0
2021 $5,528 $574,246 $297,500 $276,746
2020 $5,538 $577,923 $295,000 $282,923
2019 $1,469 $286,766 $0 $0
2018 $1,393 $274,684 $0 $0
2017 $1,340 $267,120 $0 $0
2016 $2,446 $264,596 $0 $0
2015 $2,387 $245,691 $0 $0
2014 $2,334 $225,626 $0 $0
Source: Public Records

Source: Florida Keys Board of REALTORS®

MLS Number: 584878

Florida Keys Board of REALTORS®

APN: 00045630-000000