NOT LISTED FOR SALE

Estimated Value: $838,278 - $925,000

3 Beds
2 Baths
1,088 Sq Ft
$806/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $780,000 $717 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,394/month

30 Days on Market

Highlights

  • Cathedral Ceiling
  • Gazebo
  • Storage
  • No HOA
  • Shutters
  • Ceiling Fan

About This Home

As of September 2022

Centrally located on the island this clean and modern 3 bedroom 2 bath home offers vaulted ceilings and open floor plan. The spacious yard is perfect for year round indoor and outdoor living. Currently configured as a 2/1 with a 1/1 lockout . Perfect for friends and family with separate entrance and own private bed, bath and living room. The large covered side deck opens up to the back yard and shed. Plenty of off street parking.

Last Listed By

Sean Farrer, P.A.

Coastline R.E. & Property Mgmt. (KW) Listed on: 07/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,257

Year Built

  • Built in 1938

Lot Details

  • 5,000 Sq Ft Lot
  • Privacy Fence

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,088 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Storage
  • Vinyl Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Gazebo
  • Shed

Location

  • Ground Level

Utilities

  • Ductless Heating Or Cooling System
  • Public Hookup Available For Sewer

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00050550-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,257

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • 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
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: FHA
  • Side: Median
  • State Province: FL
  • Taxes: 4257.15
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 3
  • Year Built: 1938
  • Alternate Key Number: 1051152
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 5000.00
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1088.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Storage, Split Bedroom
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Oven, Gas Appliances, Dryer
  • Floor: Vinyl
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Gazebo, Shed, Storage, Privacy Wall/Fence
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Parcel Number: 00050550-000000
  • Lot Size: 50' X 100'
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Sep 23, 2022
Sold by
Bretschneider and Casandra
Bought by
Jolev Vasil and Stamenovska Maja
Seller's Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
Buyer's Agent
Solaris Gregory
Expert Realty LLC (HQ)
List Price
$895,000
Sold Price
$780,000
Premium/Discount to List
-$115,000
-12.85%
Total Days on Market
30
Views
1
Current Estimated Value
$876,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,820
Avg. Annual Appreciation
4.48%
Original Mortgage
$723,137
Outstanding Balance
$696,049
Interest Rate
5.13%
Mortgage Type
FHA
Estimated Equity
$180,771

Purchase Details

Listed on
Jan 21, 2020
Closed on
Feb 28, 2020
Sold by
Luce John W and Luce Shelby J
Bought by
Bretschneider Ingo and Ferreira Casandra
Seller's Agent
Ralph Harvey
LISTWITHFREEDOM.COM
Buyer's Agent
Lauren Wilson
LoKation Real Estate
List Price
$569,000
Sold Price
$530,000
Premium/Discount to List
-$39,000
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.22%
Original Mortgage
$0
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Listed on
Jan 21, 2020
Closed on
Feb 27, 2020
Sold by
Luce John W and Luce Shelby J
Bought by
Bretschneider Ingo and Ferreira Casandra
Seller's Agent
Ralph Harvey
LISTWITHFREEDOM.COM
Buyer's Agent
Lauren Wilson
LoKation Real Estate
List Price
$569,000
Sold Price
$530,000
Premium/Discount to List
-$39,000
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Aug 13, 2018
Sold by
Luce James W
Bought by
Luce John W and Luce Shelby J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2018
Sold by
Luce James W
Bought by
Luce John W and Luce Shelby J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2014
Closed on
Nov 5, 2014
Sold by
Lanasa Francis A and Wilkinson Cynthia S
Bought by
Luce James W
Seller's Agent
Mitzi Krabill
Truman & Co. (KW)
Buyer's Agent
Edward Salazar
At Home in Key West, Inc.
List Price
$287,000
Sold Price
$275,000
Premium/Discount to List
-$12,000
-4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%

Purchase Details

Closed on
Apr 1, 1981
Bought by
Luce James W

Purchase Details

Closed on
Nov 1, 1977
Bought by
Luce James W

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
Jolev Vasil $780,000 --
Bretschneider Ingo $530,000 None Listed On Document
Bretschneider Ingo $530,000 None Listed On Document
Luce John W $394,000 None Listed On Document
Luce John W $394,000 None Listed On Document
Luce James W $275,000 Chicago Title Insurance Co
Luce James W $45,000 --
Luce James W $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jolev Vasil $723,137
Previous Owner Bretschneider Ingo $0
Previous Owner Luce John W $284,000
Previous Owner Luce John W $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $780,000 -8.1% $717 / Sq Ft
07/29/2022 07/29/22 Price Changed $849,000 -1.2% $780 / Sq Ft
07/22/2022 07/22/22 Price Changed $859,000 -4.0% $790 / Sq Ft
07/11/2022 07/11/22 For Sale $895,000 +68.9% $823 / Sq Ft
02/27/2020 02/27/20 Sold $530,000 -6.9% $483 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $569,000 +106.9% $518 / Sq Ft
11/10/2014 11/10/14 Sold $275,000 -4.2% $280 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
10/06/2014 10/06/14 For Sale $287,000 -- $292 / 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 $5,827 $778,236 $580,000 $198,236
2023 $5,827 $641,069 $455,000 $186,069
2022 $4,627 $552,197 $390,000 $162,197
2021 $4,257 $437,300 $297,500 $139,800
2020 $3,589 $403,018 $0 $0
2019 $3,534 $393,957 $290,000 $103,957
2018 $3,613 $355,447 $250,000 $105,447
2017 $3,496 $337,966 $0 $0
2016 $3,451 $327,863 $0 $0
2015 $3,186 $277,273 $0 $0
2014 $3,425 $304,403 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 601762

Florida Keys Board of REALTORS®

APN: 00050550-000000