NOT LISTED FOR SALE

Estimated Value: $845,000 - $1,197,000

2 Beds
1 Bath
1,127 Sq Ft
$941/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $679,000 $602 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,166/month

3 Days on Market

Highlights

  • Detached Guest House
  • Fruit Trees
  • No HOA
  • Heated In Ground Pool
  • Cathedral Ceiling
  • Balcony

About This Home

As of December 2019

OPEN HOUSE Tuesday 11/26 from 4:30 p.m. to 6:00 p.m. Here's your opportunity to quit your job and move to Key West! The oversized lot boasts mature tropical landscaping of coconut palms, banana, jasmine, key lime pineapple, and other native species surrounding the free form lagoon pool while soothing sounds emanate from the grotto waterfall feature. This tastefully styled and cozy ''Keys Cottage'' is a 2 bed/1 bath with a bonus space in the back yard overlooking the pool. Off street parking and/or room for your boat/trailer within the confines of the fully fenced lot - plenty of on street parking too! Paddle board and kayak launch area nearby for access to the Key West salt ponds at Little Hamaca City Park. Riviera canal boat ramp nearby also.

Last Agent to Sell the Property

Dave Wiley

Coldwell Banker Schmitt Real Estate Co. (KW) License #3193077 Listed on: 11/22/2019

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Dave Wiley

Coldwell Banker Schmitt Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,373

Year Built

  • Built in 1953

Lot Details

  • 6,954 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Fruit Trees

Home Design

  • Metal Roof

Interior Spaces

  • 1,127 Sq Ft Home
  • Cathedral Ceiling
  • Double Hung Windows
  • Storage
  • Tile Flooring
  • Complete Accordion Shutters

Kitchen

  • Oven
  • Range
  • Microwave
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Exterior Lighting
  • Shed

Utilities

  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer
  • Community Sewer or Septic

Additional Features

  • Detached Guest House
  • Ground Level

Community Details

  • No Home Owners Association
  • Key Estates Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28
  • Assessor Parcel Number 00064200-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,373

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: Yes
  • Mandatory HOA: No
  • Document Count: 6
  • 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
  • Marathon Neighborhood: N/A
  • 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: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 4372.99
  • Year Built: 1953
  • Alternate Key Number: 1064602
  • Building Style: Ground Level
  • Cooling Heating: Ductless
  • Lot Sq Ft: 6954.00
  • Pool Info: In Ground
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Accordion, Other
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1127.00
  • Pool Info Other Surroundings: Waterfall feature
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Storage, Cathedral Ceilings
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Range, Refrigerator, Microwave, Oven
  • Floor: Tile
  • Specialty Rooms: Other
  • Windows/Doors: Double Hung Windows
  • Total Bedrooms: 2
  • Sq Ft Remarks: Rear structure square footage (240') not included in the listing square footage total (1,127').

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Detached Guest Qtrs, Shed, Storage, Privacy Wall/Fence, Fencing, Lighting, Fruit Tree(s)
  • Roof: Combo Roof, Other Roof, Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: No Security
  • Utilities: Buyer to Verify, Municipal Sewer, Community Swr Plant, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00064200-000000
  • Lot Size: 60' X 116'
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.16

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Dec 17, 2019
Sold by
Green and Jill
Bought by
Tracy Kimber L
Seller's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co.
List Price
$689,000
Sold Price
$679,000
Premium/Discount to List
-$10,000
-1.45%
Total Days on Market
3
Current Estimated Value
$1,060,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,268
Avg. Annual Appreciation
9.87%

Purchase Details

Listed on
Nov 22, 2019
Closed on
Dec 16, 2019
Sold by
Green and Jill
Bought by
Tracy Kimber L
Seller's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co.
List Price
$689,000
Sold Price
$679,000
Premium/Discount to List
-$10,000
-1.45%

Purchase Details

Listed on
Jun 30, 2017
Closed on
Aug 30, 2017
Sold by
Peterson David and Mcgee Marei Anne
Bought by
Green Brian
Seller's Agent
Everett Watkins
Preferred Properties (KW)
Buyer's Agent
Dave Wiley
Coldwell Banker Schmitt Real Estate Co.
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$460,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 1997
Sold by
Peters Katherine M
Bought by
Peterson David and Peterson Marci M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1985
Bought by
Peterson David and Peterson Marci Mcgee
Source: Public Records

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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
Tracy Kimber L $679,000 None Listed On Document
Tracy Kimber L $679,000 None Listed On Document
Green Brian $575,000 Attorney
Peterson David $157,500 --
Peterson David $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Brian $460,000
Previous Owner Peterson David P $214,000
Previous Owner Peterson David P $22,400
Previous Owner Peterson David $449,000
Previous Owner Peterson David $410,000
Previous Owner Peterson David $85,000
Previous Owner Peterson David $258,000
Previous Owner Peterson David $210,500
Previous Owner Peterson David $210,500
Previous Owner Peterson David $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $679,000 -1.5% $602 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $689,000 +19.8% $611 / Sq Ft
08/30/2017 08/30/17 Sold $575,000 -4.0% $421 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $599,000 -- $438 / 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 $6,464 $914,576 $601,173 $313,403
2023 $6,464 $806,343 $508,685 $297,658
2022 $6,079 $813,269 $508,685 $304,584
2021 $5,277 $553,787 $279,116 $274,671
2020 $5,295 $558,015 $279,116 $278,899
2019 $4,696 $485,288 $293,980 $191,308
2018 $4,783 $485,337 $292,329 $193,008
2017 $2,667 $286,828 $0 $0
2016 $2,738 $280,929 $0 $0
2015 $2,793 $278,976 $0 $0
2014 $2,866 $276,762 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588354

Florida Keys Board of REALTORS®

APN: 00064200-000000