NOT LISTED FOR SALE

2407 Staples Ave Key West, FL 33040

Mid Town Neighborhood

Estimated Value: $1,185,000 - $1,659,000

3 Beds
2 Baths
1,871 Sq Ft
$751/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $380,000 $203 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $7,993/month

70 Days on Market

Highlights

  • Airstrip
  • No HOA
  • French Doors
  • Beach
  • Patio
  • Central Air

About This Home

As of March 2019

Price adjustment! Investor delight --- a true diamond in the rough. Great quiet residential neighborhood. Used as a single family home but has two electric meters as it was previously used as a duplex. Needs some love and attention. To the right investor home can be restored as a duplex and help pay property expenses. Centrally located close to schools and shopping centers and just minutes away to Old Town entertainment. Cash or Hard Money. Please note there is no water turned on at property.

Last Agent to Sell the Property

Evelyn Maldonado-Patt

RE/MAX Advance Realty Inc. License #3034637 Listed on: 12/26/2018

RE/MAX Advance Realty Inc.

Last Buyer's Agent

Louis Condos

Home Edge Inc. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,802

Year Built

  • Built in 1958

Lot Details

  • 5,000

Home Design

  • Fixer Upper
  • Shingle Roof

Interior Spaces

  • 1,871 Sq Ft Home
  • French Doors
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Off-Street Parking

Outdoor Features

  • Airstrip
  • Patio

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer

Additional Features

  • 5,000 Sq Ft Lot
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 00046370-000000

Community Details

Overview

  • No Home Owners Association
  • New Town Unlisted Subdivision
  • Rental Restrictions

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,802

Year Built

Built in 1958

Lot Details

5,000 Sq Ft Lot

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
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Midtown West
  • Limited Representation: No
  • Mile Marker: 2.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Airstrip, Beach
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 3801.73
  • Vehicle Storage: Garage, Off Street Parking
  • Year Built: 1958
  • Alternate Key Number: 1046957
  • Building Style: Ground Level
  • Cooling Heating: Central Air
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1871.00
  • Property Condition: Fixer Upper
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dryer, Washer, Range
  • Floor: Combo
  • Windows/Doors: French Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: Buyer to Verify, Elect Separate Meter

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00046370-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2018
Closed on
Apr 8, 2019
Sold by
Hmc Assets Llc
Bought by
Coral Hammock Rentals 51-56 Ll
Seller's Agent
Evelyn Maldonado-Patt
RE/MAX Advance Realty Inc.
Buyer's Agent
Louis Condos
Home Edge Inc. (KW)
List Price
$449,900
Sold Price
$380,000
Premium/Discount to List
-$69,900
-15.54%
Current Estimated Value
$1,405,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,025,667
Avg. Annual Appreciation
20.61%

Purchase Details

Closed on
Oct 3, 2018
Sold by
Kongos Loukas
Bought by
Hmc Assets Llc

Purchase Details

Closed on
Jul 12, 2018
Sold by
Loukas Kongos
Bought by
Cam Viii Trust

Purchase Details

Closed on
Apr 29, 2009
Sold by
Safeguard Homes Llc
Bought by
Kongos Loukas

Purchase Details

Closed on
Nov 9, 2007
Sold by
Kongos Loukas
Bought by
Safeguard Homes and The 2407 Staples Avenue Family Land Trus

Purchase Details

Closed on
Jun 29, 2006
Sold by
Wallace Wayne H
Bought by
Kongos Loukas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 1995
Sold by
Wallace Charles M and Wallace Wayne H
Bought by
Raymark Dev Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
9.21%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coral Hammock Rentals 51-56 Ll $380,000 None Listed On Document
Hmc Assets Llc -- None Available
Cam Viii Trust -- --
Kongos Loukas -- Florida Family Title Llc
Safeguard Homes -- None Available
Kongos Loukas $575,000 Chicago Title Of The Fl Keys
Raymark Dev Inc $111,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kongos Loukas $460,000
Previous Owner Raymark Dev Inc $111,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2019 03/18/19 Sold $380,000 -15.5% $203 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
12/26/2018 12/26/18 For Sale $449,900 -- $240 / 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
2025 $9,112 $1,059,542 $485,000 $574,542
2024 $8,655 $1,031,654 $460,000 $571,654
2023 $8,655 $1,005,129 $455,000 $550,129
2022 $7,929 $946,013 $390,000 $556,013
2021 $7,398 $780,077 $297,500 $482,577
2020 $6,197 $661,244 $295,000 $366,244
2019 $4,288 $438,974 $223,750 $215,224
2018 $4,429 $468,408 $250,000 $218,408
2017 $4,212 $450,908 $0 $0
2016 $4,171 $440,540 $0 $0
2015 $3,823 $370,192 $0 $0
2014 $3,490 $295,583 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Evelyn Maldonado-Patt

    RE/MAX

    Section Image

  • L

    Buyer's Agent in 2019

    Louis Condos

    Home Edge Inc. (KW)

  • M

    Buyer Co-Listing Agent in 2019

    Mary Jo Rostien

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 747-6268

    7 in this area

    32 Total Sales

    Mary Jo Rostien
    Section Image
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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 583427

Florida Keys Board of REALTORS®

APN: 00046370-000000

Florida Monroe County Key West 33040 Mid Town

2407 Staples Ave, Key West, FL

Not Listed for Sale

Detached

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