NOT LISTED FOR SALE

Estimated Value: $873,000 - $1,130,000

3 Beds
2 Baths
1,050 Sq Ft
$951/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $399,000 $380 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $6,025/month

223 Days on Market

Highlights

  • Key West Architecture
  • No HOA
  • Some Wood Windows
  • Wood Flooring
  • Balcony
  • Storage

About This Home

As of May 2018

**New Price** Great opportunity to purchase a multi unit property in Mid-Town East location! This duplex offers a two bedroom unit great for owner occupancy plus a one bedroom rental unit to provide income to offset expenses. This circa 1943 Conch style cottage offers beautiful wood floors and high ceilings and sits on a 50x100 tropically landscaped lot with room for a swimming pool.

Last Listed By

Bascom Grooms

Bascom Grooms Real Estate (KW) License #647099 Listed on: 09/01/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,561

Year Built

  • Built in 1943

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,050 Sq Ft Home
  • Ceiling Fan
  • Some Wood Windows
  • Window Treatments
  • Storage

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00048680-000000

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

$3,561

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Duplex
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Document Count: 3
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: 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
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 3561.26
  • Title: Negotiable
  • Year Built: 1943
  • Alternate Key Number: 1049271
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s)
  • Lot Sq Ft: 5000.00
  • Porch Balcony: Open Porch/Balcony
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1050.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage, Window Treatments
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Oven, Refrigerator, Range
  • Floor: Vinyl, Wood
  • Windows/Doors: Wood Windows
  • Total Bedrooms: 3
  • Accessibility Features: None

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00048680-000000
  • Lot Size: 50x100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2017
Closed on
May 22, 2018
Sold by
Rooney John F
Bought by
Rooney Robert and Rooney Kendal Donna
Seller's Agent
Bascom Grooms
Bascom Grooms Real Estate (KW)
Buyer's Agent
Heather Bennett
Florida Keys Real Estate Co. (KW)
List Price
$490,000
Sold Price
$399,000
Premium/Discount to List
-$91,000
-18.57%
Total Days on Market
223
Current Estimated Value
$998,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,667
Avg. Annual Appreciation
12.30%
Original Mortgage
$339,150
Outstanding Balance
$296,349
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$604,651

Purchase Details

Closed on
Jul 1, 1984
Bought by
Rooney John F

Purchase Details

Closed on
Feb 1, 1974
Bought by
Rooney John F

Range of Values:

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Average Value
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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
Rooney Robert $399,000 None Listed On Document
Rooney John F $55,000 --
Rooney John F $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rooney Robert $339,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $399,000 -18.6% $380 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
09/01/2017 09/01/17 For Sale $490,000 -- $467 / 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 $5,219 $578,669 $460,000 $118,669
2023 $5,219 $571,094 $455,000 $116,094
2022 $4,718 $509,273 $390,000 $119,273
2021 $4,340 $397,872 $297,500 $100,372
2020 $4,150 $400,495 $295,000 $105,495
2019 $3,762 $331,858 $223,750 $108,108
2018 $3,708 $361,990 $250,000 $111,990
2017 $3,546 $346,202 $0 $0
2016 $3,561 $351,079 $0 $0
2015 $3,260 $279,411 $0 $0
2014 $2,936 $202,018 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 576883

Florida Keys Board of REALTORS®

APN: 00048680-000000