$330,000
SOLD JUN 18, 2014

308 Margaret St Unit 6 Key West, FL 33040

Old Town Neighborhood
1 Bed
1 Bath
404 Sq Ft
961 Sq Ft Lot

Recently Sold

$817 Per Sq Ft

3% Below List Price

38 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

Adorable Conch Cottage In The Seaport District. Behind Harpoon Harry's (corner of Caroline & Margaret St) is a very private enclave of six Conch Cottages just steps from the Historic Seaport and only four blocks from Duval St. The six cottages are tropically landscaped and share a heated pool. Totally renovated from the ground up, everything is picture perfect and turn-key...including the furnishings, appliances, furniture, TVs and two folding bicycles. New central A/C, new washer/dryer and on-demand hot water heater. Second home...never rented. Very low maintenance fees and insurances. Home is above Base Flood Elevation (BFE) so Flood Insurance is very low.

Last Agent to Sell the Property

Michael Sullivan

Punta Gorda - Port Charlotte Realty, LLC License #3031816 Listed on: 04/21/2014

Last Buyer's Agent

Stacy Stahl

Florida Keys Real Estate Company (KW)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,308

Year Built

  • Built in 1954

Lot Details

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

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

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

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Additional Features

  • Concrete Pool
  • Central Air

Community Details

  • No Home Owners Association
  • Association fees include common area mnt
  • Old Town Unlisted Subdivision
  • The community has rules related to deed restrictions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,308

Year Built

Built in 1954

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
  • Association Fee: 2500.00
  • 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
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Bay/Gulf
  • State Province: FL
  • Taxes: 2307.97
  • Year Built: 1954
  • Alternate Key Number: 9008319
  • Building Style: Cigar Maker, Conch
  • Cooling Heating: Ceiling Fans(s), Heat, Central Air
  • Lot Sq Ft: 961.00
  • Pool Info: Concrete
  • Pool Info Heated: Yes
  • Tax Exemptions: None
  • Estimated Living Sq Ft: 404.00
  • 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, Oven, Microwave, Dryer, Disposal
  • Floor: Tile, Wood
  • Windows/Doors: Impact Rstnce Window
  • Appliances Other: On Demand
  • Total Bedrooms: 1

Exterior Features

  • Dockage: 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-6
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.02

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2013

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 Type Sale Price Title Company
Interfamily Deed Transfer -- Ticor Title
Warranty Deed $465,000 Attorney
Warranty Deed $330,000 First Intl Title Inc
Warranty Deed $280,000 First American Title
Quit Claim Deed -- --
Warranty Deed $355,000 Chicago Title Of The Florida
Warranty Deed $209,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $353,300 New Conventional
Closed $348,750 New Conventional
Previous Owner $224,000 New Conventional
Previous Owner $266,250 Unknown
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: 119710

Florida Keys Board of REALTORS®

APN: 00003100-000306