$400,000
SOLD FEB 10, 2015
4 Beds
3 Baths
1,520 Sq Ft
7,352 Sq Ft Lot

Recently Sold

$263 Per Sq Ft

16% Above List Price

232 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Fenced
  • Patio
  • Central Air
  • 4-minute walk to Key West Professional Plaza

About This Home

As of February 2022

Corner the market of investment and homeownership with this oversized corner lot! This 3/2 single family home boasts a legal accessory unit - a charming rear studio cottage with its own electric meter. Live in the main house and rent the legal affordable cottage; and, the flexible main house floor plan suggests designing a true master suite with its own private entrance. Located in a quiet and popular residential neighborhood with easy access to schools, shopping, and all downtown amenities.

Last Agent to Sell the Property

Melva Borley

Sunshine State Realty Service License #0668411 Listed on: 06/17/2014

Last Buyer's Agent

Tara Thoman-Wood,P.A.

Berkshire Hathaway Homeservices Knight & Gardner Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,651

Year Built

  • Built in 1958

Lot Details

  • 7,352 Sq Ft Lot
  • Fenced

Home Design

  • Frame Construction

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Separate Meters

Community Details

  • No Home Owners Association
  • Lime Grove Subdivision
  • The community has rules related to deed restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,651

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Financial Status Bank Owned: Yes
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: New Town
  • Mile Marker: 3.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 4651.00
  • Vehicle Storage: Off Street Parking
  • Vehicle Storage Cars: 2
  • Year Built: 1958
  • Alternate Key Number: 1070696
  • Cooling Heating: Central Air
  • Lot Sq Ft: 7352.00
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Stories: 1 Story
  • Estimated Living Sq Ft: 1520.00
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Oven, Refrigerator
  • Total Bedrooms: 4

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing
  • Waterview: No Waterview
  • Pool: No

Utilities

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

Lot Info

  • Deed Restrictions: Yes
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.17

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Feb 15, 2022
Sold by
2904 Harris Avenue Llc
Bought by
Castellanos Eric and Castellanos Victoria
Seller's Agent
Austin Kimbler
Keller Williams Key West Compass Realty
Buyer's Agent
Francesca Santiago
Keller Williams Realty Professionals (KW)
List Price
$975,000
Sold Price
$930,000
Premium/Discount to List
-$45,000
-4.62%
Total Days on Market
232
Current Estimated Value
$1,192,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,784
Avg. Annual Appreciation
7.47%
Original Mortgage
$710,000
Outstanding Balance
$665,593
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$515,556

Purchase Details

Listed on
Oct 22, 2021
Closed on
Feb 11, 2022
Sold by
2904 Harris Avenue Llc
Bought by
Castellanos Eric and Castellanos Victoria
Seller's Agent
Austin Kimbler
Keller Williams Key West Compass Realty
Buyer's Agent
Francesca Santiago
Keller Williams Realty Professionals (KW)
List Price
$975,000
Sold Price
$930,000
Premium/Discount to List
-$45,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Outstanding Balance
$665,593
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$515,556

Purchase Details

Closed on
Jul 9, 2015
Sold by
Elie Ohayon and Helene Marie
Bought by
2904 Harris Avenue Llc

Purchase Details

Listed on
Jun 17, 2014
Closed on
Jan 12, 2015
Sold by
U S Bank National Association
Bought by
Ohayon Elie and Ohayon Marie Helene
Seller's Agent
Melva Borley
Sunshine State Realty Service
Buyer's Agent
Tara Thoman-Wood,P.A.
Berkshire Hathaway Homeservices Knight & Gardner Realty
List Price
$345,900
Sold Price
$400,000
Premium/Discount to List
$54,100
15.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%

Purchase Details

Closed on
May 15, 2014
Sold by
Gallagher Tim and Scarpelli Gallagher Lynn
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 16, 2014
Sold by
Gallagher Tim and Scarpelli Gallagher Lynn
Bought by
Us Bank National Association

Purchase Details

Closed on
Dec 24, 2003
Sold by
Crane Robert T
Bought by
Gallagher Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,000
Interest Rate
5.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2002
Sold by
Adolfo V Avael M and Adolfo Renette Avael
Bought by
Crane Robert Tr T and Mcclay Thomas Tr R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,400
Interest Rate
6.85%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 1994
Sold by
Pearson Jack R and Pearson Gail S
Bought by
Macdonald Chrles D and Macdonald Janet E

Purchase Details

Closed on
Mar 9, 1994
Sold by
Bleser Robert D
Bought by
Bleser Sandra L

Purchase Details

Closed on
Jun 1, 1991
Bought by
2904 Harris Avenue Llc
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 Type Sale Price Title Company
Warranty Deed $930,000 Oropeza Stones Cardenas Pllc
Warranty Deed $930,000 Oropeza Stones Cardenas Pllc
Quit Claim Deed -- None Available
Special Warranty Deed $400,000 Servicelink
Trustee Deed $475,000 None Available
Trustee Deed $475,000 None Available
Warranty Deed $590,000 Lawyers 1St Title Company
Warranty Deed $338,000 --
Warranty Deed $225,000 --
Deed -- --
Warranty Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $710,000 New Conventional
Previous Owner $200,000 Unknown
Previous Owner $542,500 Unknown
Previous Owner $130,000 Credit Line Revolving
Previous Owner $531,000 Commercial
Previous Owner $270,400 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $930,000 -4.6% $611 / Sq Ft
10/22/2021 10/22/21 For Sale $975,000 +143.8% $641 / Sq Ft
02/10/2015 02/10/15 Sold $400,000 +15.6% $263 / Sq Ft
02/04/2015 02/04/15 Pending -- -- --
06/17/2014 06/17/14 For Sale $345,900 -- $228 / 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 $6,067 $674,901 -- --
2023 $6,067 $655,244 $0 $0
2022 $5,667 $702,516 $428,180 $274,336
2021 $4,907 $462,633 $289,356 $173,277
2020 $4,694 $440,945 $274,303 $166,642
2019 $4,688 $436,935 $267,613 $169,322
2018 $4,627 $422,423 $250,887 $171,536
2017 $4,615 $413,667 $0 $0
2016 $4,771 $407,196 $0 $0
2015 $4,837 $400,661 $0 $0
2014 $4,556 $375,582 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 119957

Florida Keys Board of REALTORS®

APN: 00066740-000000