NOT LISTED FOR SALE

308 Margaret St Unit 6 Key West, FL 33040

Old Town Neighborhood

Estimated Value: $626,470 - $782,000

1 Bed
1 Bath
404 Sq Ft
$1,802/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $465,000 $1,151 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,465/month

123 Days on Market

Highlights

  • Concrete Pool
  • Cathedral Ceiling
  • Furnished
  • Key West Architecture
  • Wood Flooring
  • 1-minute walk to Dry Tortugas National Park

About This Home

As of December 2019

Down the secluded pathway lies this picture- perfect Conch Cottage. Centrally located just steps away from Key West's Historic Seaport, this one- bedroom, one- bathroom home is surrounded by tropical landscaping and has a private outdoor patio area. Walk to restaurants, galleries and shopping in Old Town Key West or relax by the shared pool. Beautifully furnished and well maintained; this cottage is the ideal island home.

Last Agent to Sell the Property

Stacy Stahl

Florida Keys Real Estate Company (KW) Listed on: 05/17/2019

Last Buyer's Agent

Stacy Stahl

Florida Keys Real Estate Company (KW) Listed on: 05/17/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1954

Lot Details

  • 682 Sq Ft Lot
  • Property is zoned HNC(1-3) - Hist Nghborhd Comml 1 - 3 Coastal Med

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 404 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Association fees include common area mnt
  • Old Town Unlisted Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

  • Minimum Rental Period: 28
  • Assessor Parcel Number 00003100-000306

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,559

Year Built

Built in 1954

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Fee: 2600.00
  • Mandatory HOA: No
  • Fee Includes: Common Area Mnt, Other
  • 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
  • Mile Marker: 1.00
  • Min Rental Days: 28.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2558.59
  • Year Built: 1954
  • Alternate Key Number: 9008319
  • Building Style: Cigar Maker, Conch
  • Cooling Heating: Ceiling Fans(s), Central Air
  • Lot Sq Ft: 682.00
  • Pool Info: Concrete, In Ground
  • Porch Balcony: Patio
  • Association Maintenance Fee Per: Yearly
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 404.00
  • Pre Wired: Cable
  • Financial Status Auction: No
  • Sewer Hook Up: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Cathedral Ceilings, Smoke Alarms, Granite Counter Top
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Washer, Refrigerator, Range, Microwave, Dryer
  • Floor: Tile, Wood
  • Windows/Doors: Impact Rstnce Window
  • Total Bedrooms: 1

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Yes
  • Flood Zone: AE
  • Parcel Number: 00003100-000306
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2021
Sold by
Mccall Susan and The 1999 Susan Mccall Trust
Bought by
Mccall Susan and The 1993 Susan Mccall Trust
Current Estimated Value
$727,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,300
Outstanding Balance
$320,565
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$436,260

Purchase Details

Listed on
May 17, 2019
Closed on
Dec 13, 2019
Sold by
Dumke Michael and Dumke Donna F
Bought by
Mccall Susan and 1993 Susan Mccall Trust
Seller's Agent
Stacy Stahl
Florida Keys Real Estate Company (KW)
Buyer's Agent
Stacy Stahl
Florida Keys Real Estate Company (KW)
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$348,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2014
Closed on
Jun 18, 2014
Sold by
Doe Brian D and Doe Julie C
Bought by
Dumke Michael and Dumke Donna F
Seller's Agent
Michael Sullivan
Punta Gorda - Port Charlotte Realty, LLC
Buyer's Agent
Stacy Stahl
Florida Keys Real Estate Company (KW)
List Price
$339,900
Sold Price
$330,000
Premium/Discount to List
-$9,900
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%

Purchase Details

Closed on
Apr 30, 2010
Sold by
M & M Realty Llc
Bought by
Doe Brian D and Doe Julie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Baer Alexander C
Bought by
Mcdonald Patricia Jill

Purchase Details

Closed on
Mar 17, 2004
Sold by
Mcdonald Patricia Jill
Bought by
M & M Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 18, 2002
Bought by
Dumke Michael and Dumke Donna F
Source: Public Records

Range of Values:

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Average Value
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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
Mccall Susan -- Ticor Title
Mccall Susan $465,000 Attorney
Dumke Michael $330,000 First Intl Title Inc
Doe Brian D $280,000 First American Title
Mcdonald Patricia Jill -- --
M & M Realty Llc $355,000 Chicago Title Of The Florida
Dumke Michael $209,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccall Susan $353,300
Closed Mccall Susan $348,750
Previous Owner Doe Brian D $224,000
Previous Owner M & M Realty Llc $266,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2019 12/13/19 Sold $465,000 -6.8% $1,151 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $499,000 +51.2% $1,235 / Sq Ft
06/18/2014 06/18/14 Sold $330,000 -2.9% $817 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $339,900 -- $841 / 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 $4,670 $686,641 $511,364 $175,277
2023 $4,670 $607,632 $444,664 $162,968
2022 $3,878 $432,533 $267,821 $164,712
2021 $3,663 $369,463 $226,431 $143,032
2020 $3,775 $383,948 $239,416 $144,532
2019 $2,875 $278,737 $218,315 $60,422
2018 $3,034 $291,209 $229,152 $62,057
2017 $2,969 $278,930 $0 $0
2016 $3,065 $273,484 $0 $0
2015 $3,011 $259,752 $0 $0
2014 $2,631 $243,763 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 585717

Florida Keys Board of REALTORS®

APN: 00003100-000306