NOT LISTED FOR SALE

309 Louisa St Key West, FL 33040

Old Town Neighborhood

Estimated Value: $4,724,938

6 Beds
6.5 Baths
3,711 Sq Ft
$1,273/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $1,354,250 $365 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $27,033/month

349 Days on Market

Highlights

  • Concrete Pool
  • Key West Architecture
  • Furnished
  • 0.22 Acre Lot
  • Outdoor Kitchen
  • No HOA

About This Home

As of May 2013

Separate monthly vacation furnished home plus easily managed guesthouse. Established income stream from the 4 transient units with heated pool separating house from guest units. Papa's Hideaway is a densely landscaped private guesthouse compound - versatile boutique facility - [4] transiently licensed daily, weekly, units + a large, architecturally ornate 2bdrm/2Bth home with wraparound porch overlooking heated pool. Located on a short,dead-ending Lane means peace & quiet. Street side parking. Short walk to Duval Street's restaurants, shops & a few blocks to South Beach. 80'x118' lot, towering palms, blooming foliage - high privacy fencing. 15 yr track record - advance bookings in place & website.

Last Agent to Sell the Property

Brenda Donnelly

Brenda Donnelly Real Estate LLC License #3037635 Listed on: 05/19/2012

Co-Listed By

Raymond Capas

Berkshire Hathaway HomeServices Knight & Gardner Realty License #171355

Last Buyer's Agent

Maya Thomas

Sunshine State Realty Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,500

Year Built

  • Built in 1943

Lot Details

  • 9,430 Sq Ft Lot
  • Fenced

Home Design

  • Key West Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,711 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Double Hung Windows
  • Sliding Doors
  • Carpet

Kitchen

  • Range
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Concrete Pool
  • Patio
  • Outdoor Kitchen

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters

Community Details

  • No Home Owners Association
  • Old Town Unrecord Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,500

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Residential
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Mandatory HOA: No
  • Document Count: 2
  • Financial Status Potential Short Sale: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • M L S Identifier: 20060123165453488875000000
  • Pets: No Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 10500.00
  • Title: Title Ins - Buyer
  • Year Built: 1943
  • Alternate Key Number: 1027332
  • Building Style: Conch, Ground Level
  • Cooling Heating: Ceiling Fans(s), Wall/Window Unit(s)
  • Lot Sq Ft: 9430.00
  • Pool Info: Concrete
  • Pool Info Heated: Yes
  • Porch Balcony: Patio
  • Tax Exemptions: None
  • Building Style Stories: 2 Stories
  • License Info Transient Rntl Licns: Yes
  • Estimated Living Sq Ft: 3711.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Total Bathrooms: 6.10
  • Full Bathrooms: 6
  • Appliances: Dryer, Range, Washer, Refrigerator
  • Floor: Carpet
  • Half Bathrooms: 1
  • Specialty Rooms: Laundry Room
  • Windows/Doors: Double Hung Windows, Sliding Glass Doors
  • Total Bedrooms: 6

Exterior Features

  • Dockage: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Fencing, Outdoor Kitchen
  • Roof: Shingle Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

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

Lot Info

  • Deed Restrictions: Unknown
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.22

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
P H Guesthouse Llc
Bought by
309 Louisa St Llc
Current Estimated Value
$4,724,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,291,250
Outstanding Balance
$1,434,983
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$3,295,264

Purchase Details

Listed on
May 19, 2012
Closed on
May 3, 2013
Sold by
Papas Hideaway Guest House Llc
Bought by
Ph Guesthouse Llc
Seller's Agent
Brenda Donnelly
Brenda Donnelly Real Estate LLC
Buyer's Agent
Maya Thomas
Sunshine State Realty Services
List Price
$1,545,000
Sold Price
$1,354,250
Premium/Discount to List
-$190,750
-12.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%

Purchase Details

Closed on
Dec 18, 2007
Sold by
Papas Hideaway Inc
Bought by
Papas Hideaway Guest House Llc

Purchase Details

Closed on
Jul 22, 1994
Sold by
Mcbratnie Shawn M and Islands Sandy M
Bought by
Mcgee Patti and Nowlin Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,635
Interest Rate
8.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 1992
Bought by
Ph Guesthouse Llc

Purchase Details

Closed on
Feb 1, 1985
Bought by
Ph Guesthouse Llc
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
309 Louisa St Llc $3,525,000 Attorney
Ph Guesthouse Llc $1,354,300 Chicago Title Insurance Co
Papas Hideaway Guest House Llc $1,450,000 Attorney
Mcgee Patti $591,700 --
Ph Guesthouse Llc $398,800 --
Ph Guesthouse Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 309 Louisa St Llc $2,291,250
Previous Owner Mcgee Patti $456,635
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2013 05/03/13 Sold $1,354,250 -12.3% $365 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
05/19/2012 05/19/12 For Sale $1,545,000 -- $416 / 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 $24,972 $2,915,997 $1,457,998 $1,457,999
2023 $24,972 $2,915,997 $1,457,998 $1,457,999
2022 $24,636 $2,915,997 $1,457,998 $1,457,999
2021 $20,502 $2,915,997 $1,457,998 $1,457,999
2020 $16,641 $2,032,798 $914,759 $1,118,039
2019 $15,744 $1,984,902 $992,451 $992,451
2018 $14,056 $1,633,593 $816,796 $816,797
2017 $13,534 $1,633,593 $0 $0
2016 $11,942 $1,176,640 $0 $0
2015 $11,922 $1,145,975 $0 $0
2014 $12,832 $1,188,173 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brenda Donnelly

    Seller's Agent in 2013

    Brenda Donnelly

    Brenda Donnelly Real Estate LLC

    (305) 304-1116

    76 in this area

    172 Total Sales

    Brenda Donnelly
    Section Image
  • Raymond Capas

    Seller Co-Listing Agent in 2013

    Raymond Capas

    Berkshire Hathaway HomeServices Knight & Gardner Realty

    (305) 587-3483

    5 in this area

    15 Total Sales

    Raymond Capas
    Section Image

  • M

    Buyer's Agent in 2013

    Maya Thomas

    Sunshine State Realty Services

See All Agents

Map

Source: Florida Keys Board of REALTORS®

MLS Number: 116505

Florida Keys Board of REALTORS®

APN: 00026540-000000

Florida Monroe County Key West 33040 Old Town

309 Louisa St, Key West, FL

This home is located at 309 Louisa St, Key West, FL 33040 since 19 May 2012 and is currently estimated at $4,724,938, approximately $1,273 per square foot. This property was built in 1943. 309 Louisa St is a home located in Monroe County with nearby schools including Horace O'Bryant School, Key West High School, and May Sands Montessori School.

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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