NOT LISTED FOR SALE

Estimated Value: $1,823,000 - $2,274,000

8 Beds
4 Baths
3,840 Sq Ft
$512/Sq Ft Est. Value

Last Sold January 04, 2016

Last sale price $1,000,000 $260 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $11,841/month

37 Days on Market

Highlights

  • No HOA
  • Shed
  • Privacy Fence
  • Laundry Room
  • Tile Flooring

About This Home

As of January 2016

Rare find in Key West. 4- 2/1 legal units. Very well maintained. Great rental income or housing for businesses in need. Rents are currently lower than market rate. Separate meters for each unit. A must see!

Last Listed By

Cheryl Cates

Berkshire Hathaway HomeServices Knight & Gardner Realty License #478789 Listed on: 11/24/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,643

Year Built

  • Built in 1969

Lot Details

  • 5,000 Sq Ft Lot
  • Privacy Fence

Home Design

  • Shingle Roof

Interior Spaces

  • 3,840 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Shed

Utilities

  • Separate Meters
  • Cable TV Available

Community Details

Overview

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,643

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Multi-Units
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 6643.00
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 4+
  • Year Built: 1969
  • Alternate Key Number: 1049077
  • Lot Sq Ft: 5000.00
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 3840.00
  • Pre Wired: Cable
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarms
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Appliances: Dryer, Washer, Range, Refrigerator, Oven
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Single Hung Windows
  • Total Bedrooms: 8

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Privacy Wall/Fence, Shed, Storage
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.11

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2015
Closed on
Jan 4, 2016
Sold by
Mccallum Edward and Mccallum Sharon
Bought by
Kw Fogarty Llc
Seller's Agent
Cheryl Cates
Berkshire Hathaway HomeServices Knight & Gardner Realty
Buyer's Agent
Cheryl Cates
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$1,125,000
Sold Price
$1,000,000
Premium/Discount to List
-$125,000
-11.11%
Total Days on Market
37
Current Estimated Value
$1,967,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$967,692
Avg. Annual Appreciation
5.76%

Purchase Details

Closed on
Apr 19, 2001
Bought by
Kw Fogarty Llc

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
Kw Fogarty Llc $1,000,000 Attorney
Kw Fogarty Llc $540,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2016 01/04/16 Sold $1,000,000 -11.1% $260 / Sq Ft
12/31/2015 12/31/15 Pending -- -- --
11/24/2015 11/24/15 For Sale $1,125,000 -- $293 / 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 $9,918 $1,054,114 $460,000 $594,114
2023 $9,918 $1,027,598 $455,000 $572,598
2022 $8,966 $915,642 $390,000 $525,642
2021 $8,431 $767,368 $297,500 $469,868
2020 $8,466 $776,269 $295,000 $481,269
2019 $7,938 $710,720 $223,750 $486,970
2018 $8,384 $748,371 $250,000 $498,371
2017 $8,398 $736,572 $0 $0
2016 $8,701 $727,845 $0 $0
2015 $7,000 $546,328 $0 $0
2014 $6,643 $478,222 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 122465

Florida Keys Board of REALTORS®

APN: 00048480-000000