NOT LISTED FOR SALE

Estimated Value: $982,484 - $1,162,000

3 Beds
1 Bath
1,282 Sq Ft
$831/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $630,000 $491 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,477/month

61 Days on Market

Highlights

  • No HOA
  • Patio
  • Awning
  • Stainless Steel Appliances
  • 1-Story Property
  • Central Air

About This Home

As of August 2020

Come take a second look at this fully-restored three bedroom one bath historic home. Circa 1940, this Florida Bungalow was built using reclaimed Dade County pine, that owner revealed during his extensive renovation. An attached shed would be an easy place to add a master bathroom. The modern kitchen with stylish multi-function island provides additional countertop space and storage. Recent improvements include exterior paint job and plans in the works for hurricane impact doors and windows to provide piece of mind and lower insurance premiums. The house elevation also ensures affordable flood insurance. Other notable amenities include central air, 10-foot ceilings, new flooring throughout, covered carport and an additional 880 square foot garage. Come see this New Town beauty today.

Last Listed By

Everett Watkins

Keller Williams Key West Compass Realty License #513929 Listed on: 05/01/2020

Keller Williams Key West Compass Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,888

Year Built

  • Built in 1949

Lot Details

  • 7,500

Parking

  • Garage

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,282 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Laminate Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Patio
  • 7,500 Sq Ft Lot
  • Ground Level

Community Details

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

Listing and Financial Details

  • Homestead Exemption
  • Minimum Rental Period: 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,888

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • 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: New Town
  • 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: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 3888.48
  • Title: Negotiable
  • Vehicle Storage: Garage
  • Year Built: 1949
  • Alternate Key Number: 1049018
  • Building Style: Ground Level
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 7500.00
  • Porch Balcony: Patio
  • Shutters: Other
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: No
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1282.00
  • Financial Status Standard Sale: Yes
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Dryer
  • Floor: Laminate
  • Windows/Doors: Awning Windows
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS, Frame
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

  • Security: No Security
  • Utilities: Cable Available, Municipal Sewer, FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Aug 7, 2020
Sold by
John Husted
Bought by
Smith Darrin N and Smith Nicole S
Seller's Agent
Everett Watkins
Keller Williams Key West Compass Realty
Buyer's Agent
Darrin Smith
Seaport Realtors (KW)
List Price
$649,000
Sold Price
$630,000
Premium/Discount to List
-$19,000
-2.93%
Total Days on Market
61
Current Estimated Value
$1,065,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,871
Avg. Annual Appreciation
11.55%
Original Mortgage
$552,000
Outstanding Balance
$495,137
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$570,734

Purchase Details

Listed on
Mar 17, 2017
Closed on
Jul 31, 2017
Sold by
Schoneck Jeffrey Lee
Bought by
Husted John
Seller's Agent
James Hogan
Coldwell Banker Schmitt R.E.
Buyer's Agent
William Brown
Southernmost Realty (KW)
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%

Range of Values:

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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
Smith Darrin N $630,000 Oropeza Stones Cardenas Pllc
Husted John -- None Available
Husted John -- Attorney
Husted John $440,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Darrin N $552,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $630,000 -2.2% $491 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/03/2020 06/03/20 Price Changed $644,000 -0.8% $502 / Sq Ft
05/01/2020 05/01/20 For Sale $649,000 +47.5% $506 / Sq Ft
07/31/2017 07/31/17 Sold $440,000 -11.8% $343 / Sq Ft
06/15/2017 06/15/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $499,000 -- $389 / 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 $6,126 $915,255 $678,600 $236,655
2023 $6,126 $740,921 $532,350 $208,571
2022 $5,499 $661,703 $456,300 $205,403
2021 $5,080 $531,297 $348,075 $183,222
2020 $3,948 $444,176 $0 $0
2019 $3,888 $434,190 $0 $0
2018 $3,883 $426,095 $292,500 $133,595
2017 $4,216 $415,788 $0 $0
2016 $4,149 $399,871 $0 $0
2015 $3,836 $342,487 $0 $0
2014 $1,948 $189,471 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 590696

Florida Keys Board of REALTORS®

APN: 00048410-000000