NOT LISTED FOR SALE

Estimated Value: $2,406,001 - $2,860,000

3 Beds
3.5 Baths
1,986 Sq Ft
$1,303/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $1,850,000 $932 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $15,558/month

157 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Granite Countertops
  • Key West Architecture
  • Furnished
  • 4-minute walk to Dry Tortugas National Park

About This Home

As of April 2021

Historic Conch style home located in The Famous Key West Seaport Area. Spacious 3 bedroom 3.5 baths Dade County Pine walls and floors throughout which have painstakingly removed, sanded and hand finished, On the first floor there is a large master en-suite, half bath, living, dining and kitchen area, opening to a secluded pool and covered outdoor dining. Upstairs there is another large master, guest room, laundry niche and porch overlooking the tropical trees of downtown. Brick off street parking.

Last Agent to Sell the Property

Key West Luxury Finders

Preferred Properties (KW) License #3028945 Listed on: 11/05/2020

Co-Listed By

Jeffrey Grosky

Preferred Properties (KW) License #3271707

Last Buyer's Agent

Jim Spreitzer

Century 21 All Keys Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,228

Year Built

  • Built in 1933

Lot Details

  • 2,629 Sq Ft Lot
  • Property is zoned HMDR - Historic Medium Density Residential

Parking

  • 2 Parking Spaces

Home Design

  • Key West Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,986 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Shutters
  • Wood Flooring

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Outdoor Features

  • In Ground Pool
  • Balcony
  • Exterior Lighting
  • Gazebo

Utilities

  • Central Air
  • Heat Pump System
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 00003610-000000

Community Details

Overview

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

Security

  • Building Security System

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,228

Year Built

Built in 1933

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
  • Fee Includes: Other
  • Key Island: Key West
  • K W Neighborhood: Old Town-N of Truman
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 1.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Cash
  • Side: Median
  • State Province: FL
  • Taxes: 7228.25
  • Title: Negotiable
  • Vehicle Storage Cars: 2
  • Year Built: 1933
  • Alternate Key Number: 1003760
  • Building Style: Conch
  • Cooling Heating: Ceiling Fans(s), Heat Pump, Central Air
  • Lot Sq Ft: 2629.00
  • Pool Info: In Ground
  • Porch Balcony: Open Porch/Balcony
  • Shutters: Panel
  • Tax Exemptions: None
  • Building Style Above Flood: Yes
  • Estimated Living Sq Ft: 1986.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Cabinets, Security System, Granite Counter Top
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Microwave, Washer, Stainless Steel Appliance(s), Refrigerator, Oven, Gas Appliances, Dryer
  • Floor: Wood
  • Half Bathrooms: 1
  • Windows/Doors: Impact Rstnce Window, Other Windows/Doors
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: None
  • Waterfront: No
  • Construction: Frame
  • Exterior Features: Gazebo, Lighting
  • Roof: Metal Roof
  • Waterview: No Waterview
  • Pool: Yes

Utilities

  • Security: Central Station Sys
  • Utilities: FKAA

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: 0.2 PCT ANNUAL CHANC
  • Parcel Number: 00003610-000000
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.06

Rental Info

  • Rentals Allowed: With Restrictions
  • Furnished: Furnished

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Apr 29, 2021
Sold by
Schmitz Harold R and Schmitz Cathleen M
Bought by
Ley Robert A and Ley Barbara A
Seller's Agent
Key West Luxury Finders
Preferred Properties (KW)
Buyer's Agent
Jim Spreitzer
Century 21 All Keys Inc
List Price
$1,995,000
Sold Price
$1,850,000
Premium/Discount to List
-$145,000
-7.27%
Current Estimated Value
$2,626,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$776,381
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Mar 15, 2011
Sold by
Canko Hans and Canko Andrea
Bought by
Schmitz Harold R and Schmitz Cathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 22, 2007
Sold by
Desel Emma Barbara
Bought by
Canko Hans and Canko Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 1996
Sold by
Desel Walter
Bought by
Desel Emma B

Purchase Details

Closed on
Feb 1, 1975
Bought by
Schmitz Harold R and Schmitz Cathleen M
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
Ley Robert A $1,850,000 None Available
Schmitz Harold R $925,000 First American Title Ins Co
Canko Hans $595,000 Chicago Title Of The Fl Keys
Desel Emma B $100 --
Schmitz Harold R $18,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmitz Harold R $729,000
Previous Owner Canko Hans $475,000
Previous Owner Canko Andrea L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $1,850,000 -2.4% $932 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
02/18/2021 02/18/21 Price Changed $1,895,000 -5.0% $954 / Sq Ft
11/05/2020 11/05/20 For Sale $1,995,000 -- $1,005 / 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 $14,973 $1,976,348 $1,104,811 $871,537
2023 $14,973 $1,777,155 $947,078 $830,077
2022 $13,294 $1,556,735 $717,586 $839,149
2021 $12,285 $1,354,007 $530,743 $823,264
2020 $7,333 $831,767 $0 $0
2019 $7,228 $813,067 $0 $0
2018 $7,233 $797,907 $0 $0
2017 $7,204 $781,496 $0 $0
2016 $7,446 $765,423 $0 $0
2015 $7,591 $760,102 $0 $0
2014 $7,827 $754,069 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Keys Board of REALTORS®

MLS Number: 593270

Florida Keys Board of REALTORS®

APN: 00003610-000000