NOT LISTED FOR SALE

Estimated Value: $1,165,437 - $1,386,000

2 Beds
1.5 Baths
960 Sq Ft
$1,380/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $862,500 $898 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,461/month

102 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Park
  • Vaulted Ceiling
  • Balcony
  • 3-minute walk to Truman Waterfront Park

About This Home

As of January 2021

Meticulously maintained home in President's Walk, at the award-winning Truman Annex in the Historic District of Key West. This fully furnished and upgraded 2 bedroom, 1.5 bathroom townhouse features an open floor plan leading through French doors to the private covered patio, perfect for entertaining and relaxing. Upgrades include the following: tankless water heater, water softener, kitchen and bathroom cabinets, plumbing, electrical, balconies and patio, new windows in the guest bedroom, screened doors on the entire first floor, dishwasher and refrigerator, fixtures and much more! This beautiful home also comes completely furnished and ready to receive renters, home does include transient rental license with a lucrative rental history! Both bedrooms are upstairs, the large master bedroom has high vaulted ceilings and a private balcony that overlooks the patio and community pool. Across the hall is the guest bedroom with shaded views of Southard Street. A private Washer/Dryer are located within the unit. There is one assigned parking spot included, as well as gated & guarded access to the community, and community pool just a few steps off the back porch! Great opportunity for investors or those looking to live in Key West for a portion of the year and rent out for the rest. Just a quick bike ride away to some of Key West finest restaurants, bars, galleries, museums and the Historic Seaport.

Last Agent to Sell the Property

Alicea Martinez

BRIGHT REALTY License #3246631 Listed on: 09/23/2020

BRIGHT REALTY

Last Buyer's Agent

Alicea Martinez

BRIGHT REALTY License #3246631 Listed on: 09/23/2020

BRIGHT REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,235

Year Built

  • Built in 1994

Lot Details

  • 960 Sq Ft Lot
  • Southeast Facing Home
  • Vinyl Fence

HOA Fees

  • $308 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Washer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 1122
  • Assessor Parcel Number 00010120-002005

Community Details

Overview

  • Association fees include community pool, private road, security
  • Tampoa Association, Phone Number (305) 296-0556

Recreation

  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,235

Year Built

Built in 1994

Lot Details

0

HOA Fees

$308 per month

Listing Details

  • HOA Fee Includes: Community Pool, Private Road, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Townhouse
  • Construction Materials: Wood Frame
  • Living Area: 960.00
  • Lot Size Acres: 0.02
  • Year Built: 1994
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4478734?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4478734?w=Customer
  • Lot Size Sq Ft: 960
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4478734?w=PubMLS
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 4
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat, Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2
  • Living Area Meters: 89.19

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Balcony, French Doors, Rain Gutters
  • Roof: Metal
  • Flood Zone Code: X
  • Flood Zone Date: 02/18/2005
  • Flood Zone Panel: 12087C1516K
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Gated Community, Park, Pool, Sidewalk
  • Building Name Number: 1
  • Monthly HOA Fees: 308.33
  • Association Fee: 925.00
  • Association Fee Frequency: Quarterly
  • Association Fee Requirement: Required
  • Association Name: TAMPOA
  • Phone: 305-296-0556
  • Association: Yes

Fee Information

  • Other Fees Amount: 175
  • Other Fees Term: Quarterly
  • Total Annual Fees: 4400.00
  • Total Monthly Fees: 366.67

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: HPRD
  • Parcel Number: 00010120-002005
  • Fencing: Vinyl
  • Lot Size Square Meters: 89

Rental Info

  • Minimum Lease: 1 Week
  • Additional Lease Restrictions: Minimum lease term of 1 week
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 6235.00
  • Tax Block: 1122
  • Tax Book Number: 21-114
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2021
Sold by
Lorenz Bernard P and Lorenz Deborah
Bought by
Civil Properties South Llc
Current Estimated Value
$1,368,139

Purchase Details

Listed on
Sep 23, 2020
Closed on
Jan 29, 2021
Sold by
Blais Steven P and Blais Sonia M
Bought by
Lorenz Bernard P and Lorenz Deborah
Seller's Agent
Alicea Martinez
BRIGHT REALTY
Buyer's Agent
Alicea Martinez
BRIGHT REALTY
List Price
$195,000
Sold Price
$862,500
Premium/Discount to List
$667,500
342.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.26%
Original Mortgage
$430,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2003
Sold by
Murtagh F Reed and Murtagh Dorothy M
Bought by
Blais Steven P and Blais Sonia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1994
Bought by
Blais Steven P and Blais Sonia M
Source: Public Records

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
Civil Properties South Llc -- Stone Law Pa
Civil Properties South Llc -- Accommodation
Lorenz Bernard P $862,500 Attorney
Blais Steven P $490,000 Chicago Title Of The Fl Keys
Blais Steven P $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lorenz Bernard P $430,000
Previous Owner Blais Steven P $529,000
Previous Owner Blais Steven P $529,000
Previous Owner Blais Steven P $521,000
Previous Owner Blais Steven P $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $862,500 -6.8% $898 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
10/28/2020 10/28/20 Price Changed $925,000 +374.4% $964 / Sq Ft
09/23/2020 09/23/20 For Sale $195,000 -- $203 / Sq Ft
Source: Stellar MLS

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 $7,949 $925,903 $662,059 $263,844
2023 $7,949 $894,766 $643,385 $251,381
2022 $7,366 $838,402 $584,128 $254,274
2021 $6,198 $658,944 $437,045 $221,899
2020 $6,000 $638,660 $411,831 $226,829
2019 $6,235 $673,067 $443,769 $229,298
2018 $6,165 $716,346 $489,500 $226,846
2017 $5,850 $687,138 $0 $0
2016 $5,761 $660,340 $0 $0
2015 $5,207 $542,663 $0 $0
2014 $5,003 $508,994 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4478734

Stellar MLS

APN: 00010120-002005