NOT LISTED FOR SALE

Estimated Value: $996,000 - $1,164,000

4 Beds
2 Baths
1,125 Sq Ft
$952/Sq Ft Est. Value

Last Sold March 11, 2019

Last sale price $570,000 $507 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,072/month

61 Days on Market

Highlights

  • Detached Guest House
  • Granite Countertops
  • Patio
  • In Ground Pool
  • No HOA
  • 4-minute walk to Key West Professional Plaza

About This Home

As of March 2019

Come see this charming newtown property today! Close to shopping, schools, and only minutes from downtown. This home has been in the same family since it was built in 1958. The main home consists of 3 beds and one bath. Plenty of room to add another bath if you desire. But wait theres more! A detached guest quarters perfect for when guests come to visit! Below the guest quarters is additional storage and your very own laundry room. A tiny bit of TLC will go a long way here. Take a break from your day and relax poolside on this spacious lot with room to add your personal touches. Or take your paddle board or kayak out in the conveniently located salt pond with open water access. A new dock is under construction which will provide perfect views of our one of a kind Key West sunset

Last Agent to Sell the Property

Matthew Sheehan

Coastal Collection Real Estate Inc. License #3400684 Listed on: 11/01/2018

Last Buyer's Agent

Matthew Sheehan

Saltwater Real Estate Florida Keys, Inc License #3400684

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,761

Year Built

  • Built in 1958

Lot Details

  • 6,098

Parking

  • Off-Street Parking

Home Design

  • Metal Roof

Interior Spaces

  • 1,125 Sq Ft Home
  • Tile Flooring

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Central Air
  • Public Hookup Available For Sewer

Additional Features

  • 6,098 Sq Ft Lot
  • Detached Guest House

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,761

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Limited Representation: No
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 1761.30
  • Title: Negotiable
  • Vehicle Storage: Off Street Parking
  • Year Built: 1958
  • Alternate Key Number: 1072126
  • Cooling Heating: Central Air
  • Lot Sq Ft: 6098.00
  • Pool Info: In Ground
  • Porch Balcony: Patio
  • Shutters: Other
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1125.00
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counter Top
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Refrigerator, Oven, Microwave, Dryer
  • Floor: Tile
  • Specialty Rooms: Laundry Room
  • Total Bedrooms: 4
  • Sq Ft Remarks: Does NOT Include guest quarters

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: CBS
  • Exterior Features: Detached Guest Qtrs
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Utilities: FKAA

Lot Info

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

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2017

Multi Family

  • Total Units: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Mar 8, 2019
Sold by
Mcgee Gloria K
Bought by
Enich Joseph
Seller's Agent
Matthew Sheehan
Coastal Collection Real Estate Inc.
Buyer's Agent
Matthew Sheehan
Saltwater Real Estate Florida Keys, Inc
List Price
$619,000
Sold Price
$570,000
Premium/Discount to List
-$49,000
-7.92%
Total Days on Market
61
Current Estimated Value
$1,071,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,392
Avg. Annual Appreciation
11.23%
Original Mortgage
$456,000
Outstanding Balance
$406,513
Interest Rate
4.4%
Estimated Equity
$698,815

Purchase Details

Closed on
Nov 1, 2010
Sold by
Mcgee John W
Bought by
Mcgee Gloria K

Purchase Details

Closed on
Apr 7, 2000
Sold by
Blanco Gloria K
Bought by
Mcgee John W and Mcgee Gloria K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1970
Bought by
Mcgee Gloria K
Source: Public Records

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Range of Values:

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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
Enich Joseph $570,000 Attorney
Mcgee Gloria K -- None Available
Mcgee John W -- --
Mcgee Gloria K $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enich Joseph $456,000
Closed Enich Joseph $456,000
Previous Owner Mcgee John W $625,000
Previous Owner Mcgee John W $500,000
Previous Owner Mcgee John W $450,000
Previous Owner Mcgee John W $25,000
Previous Owner Mcgee Gloria K $177,625
Previous Owner Mcgee John W $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2019 03/11/19 Sold $570,000 -7.9% $507 / Sq Ft
01/01/2019 01/01/19 Pending -- -- --
11/01/2018 11/01/18 For Sale $619,000 -- $550 / 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 $4,631 $555,597 -- --
2023 $4,631 $539,415 $0 $0
2022 $4,430 $523,704 $0 $0
2021 $4,524 $508,451 $268,193 $240,258
2020 $4,790 $500,112 $254,241 $245,871
2019 $1,860 $204,067 $0 $0
2018 $1,848 $200,263 $0 $0
2017 $1,835 $196,144 $0 $0
2016 $1,875 $192,110 $0 $0
2015 $2,823 $281,995 $0 $0
2014 $2,927 $285,113 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 582557

Florida Keys Board of REALTORS®

APN: 00068210-000000