$605,000
SOLD AUG 18, 2023

313 Catherine St Unit 4 Key West, FL 33040

Old Town Neighborhood
2 Beds
1 Bath
642 Sq Ft
4,051 Sq Ft Lot

Recently Sold

$942 Per Sq Ft

21% Below List Price

115 Days on Market

About This Home

As of August 2023

Two bedroom modern condo in Old Town Key West. Stroll to the Southernmost Point, Lighthouse, dining and the famous Duval Street. This second floor unit has been updated and offers spacious bedrooms, ductless AC units, private balcony and more. Offered turn-key this is the perfect starter home, second home or vacation rental. Sleek kitchen with laundry, breakfast bar and beautiful cabinetry. Monthly rentals allowed by association. Pet friendly. Off street parking.

Last Agent to Sell the Property

Peter Geary

Bascom Grooms Real Estate (KW) License #3546204 Listed on: 04/18/2023

Last Buyer's Agent

Heather Carruthers

Berkshire Hathaway HomeServices Knight & Gardner Realty License #3355466

Berkshire Hathaway HomeServices Knight & Gardner Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,226

Year Built

1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Condo
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Association Approval Required: No
  • Association Fee: 776.15
  • Mandatory HOA: Yes
  • Document Count: 6
  • Fee Includes: Bldg Exterior Mnt, Common Area Mnt, Building Insurance
  • Financial Status Bank Owned: Yes
  • Financial Status Bank Servicer: Athene Annuity &Life
  • Handicap Access: No
  • Key Island: Key West
  • K W Neighborhood: Old Town-S of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • Min Rental Days: 30.00
  • M L S Identifier: 20060123165453488875000000
  • Off Shore Island: No
  • Pets W Restrictions: YES
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1395.18
  • Title: Negotiable
  • Vehicle Storage: Assigned Parking
  • Vehicle Storage Cars: 1
  • Year Built: 1983
  • Alternate Key Number: 8782454
  • Cooling Heating: Ceiling Fans(s), Ductless
  • Lot Sq Ft: 4040.00
  • Porch Balcony: Open Porch/Balcony
  • Association Maintenance Fee Per: Monthly
  • Association Info Condo Docs: Yes
  • License Info: Non Trans Rntl Lic
  • License Info Number Of City License: 1
  • Shutters: Accordion
  • Species List: No
  • Tax Exemptions: Homestead
  • Building Style Above Flood: Unknown
  • Building Style Stories: 3 Stories
  • Estimated Living Sq Ft: 642.00
  • Property Condition: Updated/Remodeled
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Cabinets
  • Floor Number: 2.00
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Appliances: More Appliances, Microwave, Oven, Range, Refrigerator, Dishwasher, Dryer, Washer
  • Floor: Wood
  • Windows/Doors: Aluminum Windows
  • Total Bedrooms: 2

Exterior Features

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

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00026310-000204
  • Land Size: Less Than 1/4 Acre

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished, Negotiable

Tax Info

  • Tax Year: 2022

Multi Family

  • Total Units: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Sep 11, 2023
Sold by
Athene Annuity & Life Company
Bought by
Aala Rml Llc
Seller's Agent
Peter Geary
Bascom Grooms Real Estate (KW)
Buyer's Agent
Heather Carruthers
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$765,000
Sold Price
$605,000
Premium/Discount to List
-$160,000
-20.92%
Views
491
Current Estimated Value
$772,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,282
Avg. Annual Appreciation
8.35%

Purchase Details

Listed on
Apr 18, 2023
Closed on
Aug 15, 2023
Sold by
Athene Annuity & Life Company
Bought by
Koeppen Karin
Seller's Agent
Peter Geary
Bascom Grooms Real Estate (KW)
Buyer's Agent
Heather Carruthers
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$765,000
Sold Price
$605,000
Premium/Discount to List
-$160,000
-20.92%
Views
491

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jul 25, 2023
Sold by
Athene Annuity & Life Company
Bought by
Buy From M & E Llc
Seller's Agent
Peter Geary
Bascom Grooms Real Estate (KW)
Buyer's Agent
Heather Carruthers
Berkshire Hathaway HomeServices Knight & Gardner Realty
List Price
$765,000
Sold Price
$605,000
Premium/Discount to List
-$160,000
-20.92%
Views
491

Purchase Details

Listed on
Dec 2, 2021
Closed on
Mar 14, 2022
Sold by
Melodye Reger
Bought by
Buy From M & E Llc
Seller's Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$645,000
Sold Price
$645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.38%
Original Mortgage
$451,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2001
Sold by
Booher Sharron Kaye
Bought by
Reger Melodye

Purchase Details

Closed on
Aug 1, 1990
Bought by
Reger Melodye
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
Quit Claim Deed -- None Listed On Document
Warranty Deed $605,000 None Listed On Document
Certificate Of Transfer -- --
Contract Of Sale -- --
Warranty Deed $645,000 New Title Company Name
Quit Claim Deed $54,600 --
Warranty Deed $91,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $451,500 New Conventional
Previous Owner $75,000 Unknown
Previous Owner $150,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $605,000 -8.3% $942 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
07/11/2023 07/11/23 Price Changed $660,000 -4.3% $1,028 / Sq Ft
06/17/2023 06/17/23 Price Changed $690,000 -4.0% $1,075 / Sq Ft
06/12/2023 06/12/23 Price Changed $719,000 -4.0% $1,120 / Sq Ft
05/18/2023 05/18/23 Price Changed $749,000 -2.1% $1,167 / Sq Ft
04/18/2023 04/18/23 For Sale $765,000 +18.6% $1,192 / Sq Ft
03/14/2022 03/14/22 Sold $645,000 0.0% $1,005 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
12/02/2021 12/02/21 For Sale $645,000 -- $1,005 / Sq Ft
Source: Key West Association 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 $5,226 $569,170 -- $569,170
2023 $5,226 $569,170 $0 $569,170
2022 $1,395 $156,430 $0 $0
2021 $1,398 $151,874 $0 $151,874
2020 $1,372 $149,778 $0 $149,778
2019 $1,347 $146,411 $0 $146,411
2018 $1,358 $146,411 $0 $0
2017 $1,374 $146,411 $0 $0
2016 $1,426 $146,411 $0 $0
2015 $1,881 $146,411 $0 $0
2014 $2,015 $146,411 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 604998

Key West Association of REALTORS®

APN: 00026310-000204