NOT LISTED FOR SALE

Estimated Value: $706,197 - $942,000

1 Bed
1 Bath
520 Sq Ft
$1,566/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $749,000 $1,440 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,963/month

12 Days on Market

About This Home

As of May 2023

Beautifully updated one bedroom conch cottage with vaulted ceilings, modern kitchen and bathroom. Screened in patio, private backyard with low maintenance artificial grass lawn and new metal roof. Prime Old Town location in the X Flood zone, only two blocks from Duval St.

Last Agent to Sell the Property

Sean Farrer

Coldwell Banker Schmitt Real Estate Co. (KW) License #3168212 Listed on: 04/02/2023

Coldwell Banker Schmitt Real Estate Co. (KW)

Last Buyer's Agent

Sean Farrer, P.A.

Coastline R.E. & Property Mgmt. (KW)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
May 3, 2023
Sold by
Wilson Scott A and Wilson Paula C
Bought by
Martys Realty Trust
Seller's Agent
Sean Farrer
Coldwell Banker Schmitt Real Estate Co. (KW)
Buyer's Agent
Sean Farrer, P.A.
Coastline R.E. & Property Mgmt. (KW)
List Price
$749,000
Sold Price
$749,000
Total Days on Market
12
Views
161
Current Estimated Value
$814,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,549
Avg. Annual Appreciation
4.14%

Purchase Details

Listed on
Jul 28, 2016
Closed on
Dec 30, 2016
Sold by
Mackin John Melvin
Bought by
Wilson Scott A and Wilson Paul C
Seller's Agent
Frances Gaul
Century 21 Schwartz Realty (KW)
Buyer's Agent
James Olive
Florida Keys Real Estate Company (KW)
List Price
$465,000
Sold Price
$432,000
Premium/Discount to List
-$33,000
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$424,175
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2015
Bought by
Mackin John Melvin

Purchase Details

Closed on
Oct 24, 2007
Sold by
Ray Simon and Taylor Kathleen Lynn
Bought by
Thaller James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 30, 2004
Sold by
Simon Ray
Bought by
Ray Simon and Taylor Kathleen Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2003
Sold by
Taylor Kathleen Lynn
Bought by
Ray Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 23, 2003
Sold by
Letter Frederick
Bought by
Taylor Kathleen Lynn

Purchase Details

Closed on
Jan 12, 2000
Sold by
Engel Rosemarie L Von
Bought by
Taylor Kathleen L and Letter Frederick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 1996
Sold by
Raymond Smith Tr
Bought by
Vonengel Rosemarie L
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 Buyer Sale Price Title Company
Martys Realty Trust $749,000 None Listed On Document
Wilson Scott A $432,000 Attorney
Mackin John Melvin -- --
Thaller James T $355,000 First American Title Ins Co
Ray Simon $175,400 --
Ray Simon $400,000 --
Taylor Kathleen Lynn -- --
Taylor Kathleen L $155,000 --
Vonengel Rosemarie L $84,000 --
Barnett Ronald C $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Scott A $388,606
Previous Owner Wilson Scott A $424,100
Previous Owner Wilson Scott A $424,100
Previous Owner Wilson Scott A $424,175
Previous Owner Thaller James T $305,535
Previous Owner Thaller James T $319,500
Previous Owner Ray Simon $480,000
Previous Owner Ray Simon $320,000
Previous Owner Barnett Ronald C $11,900
Previous Owner Barnett Ronald C $188,800
Previous Owner Barnett Ronald C $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $749,000 0.0% $1,440 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
04/02/2023 04/02/23 For Sale $749,000 +73.4% $1,440 / Sq Ft
12/30/2016 12/30/16 Sold $432,000 -7.1% $831 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $465,000 -- $894 / 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 $4,851 $662,323 $549,108 $113,215
2023 $4,851 $668,930 $563,898 $105,032
2022 $3,932 $449,629 $342,037 $107,592
2021 $3,668 $370,037 $277,327 $92,710
2020 $3,592 $362,983 $268,083 $94,900
2019 $3,750 $377,933 $285,647 $92,286
2018 $3,571 $350,782 $283,026 $67,756
2017 $3,637 $351,815 $0 $0
2016 $2,798 $287,062 $0 $0
2015 $2,506 $213,937 $0 $0
2014 $2,369 $187,729 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Key West Association of REALTORS®

MLS Number: 604794

Key West Association of REALTORS®

APN: 00025670-000100