NOT LISTED FOR SALE

3 Hutchinson Ln Unit REAR Key West, FL 33040

Old Town Neighborhood

Estimated Value: $784,149 - $1,402,000

4 Beds
2 Baths
1,304 Sq Ft
$767/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $515,000 $395 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,737/month

363 Days on Market

Highlights

  • Beach
  • Wood Flooring
  • Community Pool
  • Deck
  • No HOA
  • Impact Glass

About This Home

As of January 2021

Tucked away at the end of Hutchinson Lane in Old Town-Key West, this well maintained two story concrete home offers impact windows, large rooms, and a small yard and patio perfect for al fresco dining and outdoor lounging. Conveniently located in the heart of Bahama Village with all of its old world Caribbean charm and within a couple of blocks of many historic landmarks, small neighborhood cafes, shopping, and Duval Street. Fully walled for privacy and surrounded by mature tropical foliage in a neighborhood reminiscent of Old Key West. Ready to move into or perfect for a rental opportunity. Very easy to show.

Last Agent to Sell the Property

Team Kaufelt

Truman & Co. (KW) License #00000 Listed on: 12/03/2019

Co-Listed By

Jackson Kaufelt

Truman & Co. (KW) License #3378637

Last Buyer's Agent

Suzanne Moore

Truman & Co. (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,668

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 1,600 Sq Ft Lot
  • Privacy Fence
  • Fenced
  • Property is zoned HMDR - Historic Medium Density Residential

Home Design

  • Shingle Roof

Interior Spaces

  • 1,304 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00015320-000100

Community Details

Overview

  • No Home Owners Association
  • Old Town Unlisted Subdivision
  • Rental Restrictions

Recreation

  • Beach
  • Community Pool
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,668

Year Built

Built in 1973 | Remodeled

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: 1
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Community Pool, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Median
  • State Province: FL
  • Taxes: 4667.89
  • Title: Negotiable
  • Year Built: 1973
  • Alternate Key Number: 1015687
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 1600.00
  • Porch Balcony: Deck, Patio
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Building Style Stories: 2 Stories
  • Estimated Living Sq Ft: 1304.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Financial Status Standard Sale: Yes
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Entrance Foyer, Smoke Alarms
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Washer, Range, Refrigerator, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Aluminum Windows, Impact Rstnce Window
  • Total Bedrooms: 4

Exterior Features

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

Utilities

  • Utilities: Buyer to Verify, Water Separate Meter, FKAA, Municipal Sewer, Elect Separate Meter, Cable Available

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00015320-000100
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2018

Multi Family

  • Total Units: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Jan 29, 2021
Sold by
Hossie Helen
Bought by
Hughes Stephen and Hughes Tammy
Seller's Agent
Team Kaufelt
Truman & Co. (KW)
Buyer's Agent
Suzanne Moore
Truman & Co. (KW)
List Price
$650,000
Sold Price
$515,000
Premium/Discount to List
-$135,000
-20.77%
Current Estimated Value
$1,000,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,787
Avg. Annual Appreciation
16.55%
Original Mortgage
$463,500
Outstanding Balance
$415,283
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$636,005

Purchase Details

Closed on
Sep 15, 2011
Sold by
Orange Financial Corp
Bought by
Hossie Helen

Purchase Details

Closed on
Nov 1, 2010
Sold by
Mcintosh Karen
Bought by
Orange Financial Corp

Purchase Details

Closed on
Jan 11, 2008
Sold by
Lassiter Vanessa
Bought by
Mcintosh Karen Suzette
Source: Public Records

Range of Values:

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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
Hughes Stephen $515,000 Attorney
Hossie Helen $270,000 Florida Title Works Inc
Orange Financial Corp -- None Available
Mcintosh Karen Suzette $55,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Stephen $463,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $515,000 -14.0% $395 / Sq Ft
08/21/2020 08/21/20 Price Changed $599,000 -7.8% $459 / Sq Ft
12/03/2019 12/03/19 For Sale $650,000 -- $498 / 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 $5,426 $679,633 $418,176 $261,457
2023 $5,426 $679,758 $429,440 $250,318
2022 $4,552 $497,367 $260,480 $236,887
2021 $4,413 $455,132 $264,000 $191,132
2020 $4,195 $432,073 $255,200 $176,873
2019 $5,205 $597,504 $267,520 $329,984
2018 $5,078 $609,962 $271,920 $338,042
2017 $4,922 $614,017 $0 $0
2016 $4,523 $495,914 $0 $0
2015 $4,147 $419,811 $0 $0
2014 $3,997 $386,606 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Team Kaufelt

    Seller's Agent in 2021

    Team Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    93 in this area

    195 Total Sales

    Team Kaufelt
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jackson Kaufelt

    Truman & Co. (KW)

    (305) 393-1267

    16 in this area

    29 Total Sales

    Jackson Kaufelt
    Section Image

  • S

    Buyer's Agent in 2021

    Suzanne Moore

    Truman & Co. (KW)

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 588483

Florida Keys Board of REALTORS®

APN: 00015320-000100

Florida Monroe County Key West 33040 Old Town

3 Hutchinson Ln Unit REAR, Key West, FL

This home is located at 3 Hutchinson Ln Unit REAR, Key West, FL 33040 since 03 December 2019 and is currently estimated at $1,000,787, approximately $767 per square foot. This property was built in 1973. 3 Hutchinson Ln Unit REAR is a home located in Monroe County with nearby schools including Gerald Adams Elementary School, Key West High School, and Somerset Island Prep.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Keys Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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